Nehammer resigns after failed government talks

Nehammer resigns after failed government talks

The Austrian Chancellor Karl Nehammer announced on Saturday that he will step down in the coming days after the talks about the formation of a new government failed for the second time.

effects of the failed coalition discussion

This announcement was made after the talks between the People's Party and the Social Democrats had once again stalled, one day after the liberal Neos party was surprisingly eliminated from the negotiations. In a statement on social media, Nehammer said that the negotiations were "unfortunately ended" and that the People's Party would not continue.

"destructive forces" in the background

The Chancellor pointed out that "destructive forces" had gained the upper hand in the social democratic camp and that the People's Party would not sign a program that is directed against economic competitiveness. The social democratic party leader Andreas Babler regrets the decision of the People's Party to cancel the negotiations: "This is not a good decision for our country," he said.

challenges of the upcoming government

BABER said that one of the main dispute questions was the repair of the "historical deficit", which was left by the previous government. On Saturday evening he offered Nehammer and the People's Party to continue the negotiations and asked them not to give up.

financial challenges for Austria

The next government in Austria is faced with the challenge of having to achieve savings between 18 and 24 billion euros (18.5 to $ 24.75 billion), according to the EU Commission. In addition, Austria has been in a recession for two years, experiences rising unemployment and the budget deficit is currently 3.7% of gross domestic product-above the EU limit of 3%.

political situation in Austria

The talks have drawn since the commissioned by the conservative Chancellor by the Austrian President to form a new government. This request was made after all the other parties had refused to work with the leading politician of the right -wing extremist Freedom Party, who won 29.2% of the votes for the first time in a national election in September