FPÖ and ÖVP Agree on Budget with Major Public Spending Cuts
The budget plan aims to avoid an EU deficit procedure without introducing tax increases, relying instead on cuts to public spending.
FPÖ and ÖVP Begin Coalition Talks
The prospect of an FPÖ-led government has sparked huge public outcry, including a large protest in Vienna on Thursday evening.
Thousands Protest in Vienna Against FPÖ Coalition Talks
Demonstrators chanted “Nazis out!” and “Vienna hates the FPÖ” while forming a human chain to symbolically block FPÖ leader Herbert Kickl from becoming Chancellor.
Foreign Minister Schallenberg Appointed Interim Chancellor
The appointment comes just days after Karl Nehammer resigned as head of government following failed coalition talks.
FPÖ Invites ÖVP to Coalition Talks
FPÖ leader Herbert Kickl hailed the start of a new political era as he invited the ÖVP to join him as a junior coalition partner.
FPÖ Tasked with Forming Government: Reactions
As the far-right Freedom Party (FPÖ) begins the process of forming Austria’s next government, the news has prompted a variety of reactions.
NEOS Withdraws from Coalition Talks
NEOS leader Beate Meinl-Reisinger said neither the ÖVP nor the SPÖ had accepted NEOS’ proposed reforms to address Austria’s economic crisis.
Austria Must Save €24 Billion to Fix Budget
With Austria’s economy in decline, the next government will need to tackle a €24 billion consolidation target to reduce the budget deficit.
Company Bankruptcies Rise by 22% in 2024
Liabilities are also expected to increase by 31%, with the rise mainly due to a string of high-profile insolvencies.
No Pay Rise for Senior Austrian Politicians in 2025
The wage freeze will apply to senior federal officials, including the Federal President, government ministers and parliamentary leaders.