This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: Austrian Chancellor says he’ll resign after talks on forming a brand new authorities fail
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > World > Austrian Chancellor says he’ll resign after talks on forming a brand new authorities fail
World

Austrian Chancellor says he’ll resign after talks on forming a brand new authorities fail

Editorial Board Published January 4, 2025
Share
Austrian Chancellor says he’ll resign after talks on forming a brand new authorities fail
SHARE

Austrian Chancellor Karl Nehammer mentioned Saturday he’ll resign within the coming days after talks on forming a brand new authorities failed a second time.

The announcement got here after the Folks’s Celebration and the Social Democrats continued coalition talks a day after the liberal Neos get together’s shock withdrawal from discussions.

“Unfortunately I have to tell you today that the negotiations have ended and will not be continued by the People’s Party,” Austrian Chancellor Karl Nehammer from the conservative Folks’s Celebration mentioned in a press release on social media.

He mentioned that “destructive forces” within the Social Democratic Celebration have “gained the upper hand” and that the Folks’s Celebration is not going to signal on to a program that’s in opposition to financial competitiveness.

Austrian Chancellor says he’ll resign after talks on forming a brand new authorities failAustrian Chancellor and member of the Austrian Folks’s Celebration (OeVP) Karl Nehammer on September 29, 2024 in Vienna, Austria.

SeanGallup / Getty Photographs

Social democratic chief Andreas Babler mentioned he regretted the choice by the Folks’s Celebration to finish the negotiations. “This is not a good decision for our country,” he mentioned.

Babler mentioned that one of many most important obstacles needed to do with the best way to restore the “record deficit” left by the earlier authorities.

“I have offered to Karl Nehammer and the People’s Party to continue negotiating and called on them not to get up,” he informed reporters Saturday night.

The subsequent authorities in Austria faces the problem of getting to avoid wasting between 18 to 24 billion euros, based on the EU Fee. As well as, Austria has been in a recession for the previous two years, is experiencing rising unemployment and its price range deficit is presently at 3.7% of Gross Home Product – above the EU’s restrict of three%.

The talks had dragged on since Austria’s president tasked the conservative chancellor in October with placing collectively a brand new authorities. The request got here in spite of everything different events refused to work with the chief of the far-right Freedom Celebration, which in September received a nationwide election for the primary time with 29.2% of the vote.

Extra from CBS Information

TAGGED:AustrianChancellorfailforminggovernmentresigntalks
Share This Article
Twitter Email Copy Link Print
Previous Article For a lot of rural girls, discovering maternity care outweighs considerations about abortion entry For a lot of rural girls, discovering maternity care outweighs considerations about abortion entry
Next Article Oakland police officer shoots man, resulting in standoff Oakland police officer shoots man, resulting in standoff

Editor's Pick

Global Influence through Strategic Partnerships: Dr. Jay Johnson’s Collaborations with Industry Leaders to Amplify Impact

Global Influence through Strategic Partnerships: Dr. Jay Johnson’s Collaborations with Industry Leaders to Amplify Impact

Effective leaders do not work in isolation. They build circles of trust and collaborate with experts. They grow impact by…

By Editorial Board 6 Min Read

Oponion

YouTube joins Huge Tech cowards in caving to Trump

YouTube joins Huge Tech cowards in caving to Trump

YouTube is the newest main tech firm to capitulate to…

September 30, 2025

The navy is spying on bogs—and also you’re paying for it

The Trump administration has discovered a…

July 22, 2025

Boeing strike costliest in financial harm thus far in 2024

Third Bridge world head of analysts…

October 22, 2024

Eye-catching imaginative and prescient emerges for San Jose three-tower housing venture

SAN JOSE — A trio of…

October 24, 2024

DOJ’s new voter-roll steering quietly issued, critics warn it might ‘intimidate’ election officers

Plus particular entry to pick out…

September 18, 2024

You Might Also Like

Mr Unifier – a Somalian Tale
TrendingWorld

Mr Unifier – a Somalian Tale

Authors, Mr Musse Bashire Ahmed. Ma, Ba (hons) and Neil Watson. PhD In Somalia, it is not uncommon for tribal…

3 Min Read
Tensions Around Venezuela: APUDSI Calls on Indonesian Villages for Economic Vigilance and Composure
TrendingWorld

Tensions Around Venezuela: APUDSI Calls on Indonesian Villages for Economic Vigilance and Composure

Jakarta, January 4, 2026 – In light of the geopolitical developments involving Venezuela and the United States, the Indonesia Village…

4 Min Read
‘Work, Not Phrases’: One other Dig At Siddaramaiah By Shivakumar After Kharge Assembly? | Politics Information
World

‘Work, Not Phrases’: One other Dig At Siddaramaiah By Shivakumar After Kharge Assembly? | Politics Information

Final Up to date:December 25, 2025, 21:10 IST DK Shivakumar stated his dialogue with Mallikarjun Kharge was restricted to the Centre’s…

3 Min Read
NBA Christmas Day: Cities, Hart high modern arrivals
World

NBA Christmas Day: Cities, Hart high modern arrivals

It’s the NBA’s oldest custom — Christmas Day video games and stars across the league are ensuring they arrive in…

1 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?