Janurary 3, 2025

Talks between Austria’s two main centrist parties on forming a coalition government without the far-right Freedom Party (FPO) collapsed on Saturday, prompting conservative Chancellor Karl Nehammer to announce he would step down.

A day earlier a third party, the liberal Neos, walked away from the talks, blaming the other parties for failing to take the bold and decisive action it said it had called for.

“I will stand down as chancellor and as leader of the People’s Party in the coming days and enable an orderly transition,” Nehammer said in a video statement on X, after talks with the Social Democrats (SPO).

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https://www.cnbc.com/2025/01/05/austrian-chancellor-quits-as-coalition-talks-collapse.html