Economic news
Austrian coalition talks collapse, chancellor to step down
2025.01.04 14:10
VIENNA (Reuters) – Talks between the two biggest centrist parties in Austria on forming a coalition government without the far-right Freedom Party have collapsed, Chancellor Karl Nehammer said on Saturday, a day after the liberal Neos party quit the negotiations.
“I will stand down as chancellor and as leader of the (conservative) People’s Party in the coming days and enable an orderly transition,” Nehammer said in a video statement on X, after coalition talks with the Social Democrats.