Finance Fusion Network
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Finance Fusion Network
No Result
View All Result

Austrian far right demands conservatives be ‘honest’ in coalition talks

by
January 7, 2025
in Economy
0
Austrian far right demands conservatives be ‘honest’ in coalition talks

By Francois Murphy

VIENNA (Reuters) -Austrian far-right Freedom Party (FPO) leader Herbert Kickl called on the conservative People’s Party (OVP) to be “honest” in their imminent coalition talks or face the prospect of a snap election, with his support still rising and the OVP’s falling.

The eurosceptic, Russia-friendly FPO, an ally of Hungarian Prime Minister Viktor Orban’s Fidesz, won the last parliamentary election in September with around 29% of the vote but was initially sidelined as centrist parties attempted to form a coalition without it.

Those efforts collapsed at the weekend, prompting President Alexander van der Bellen to task Kickl with forming a government, giving Kickl a chance to become Austria’s first FPO chancellor since his party was founded in the 1950s under a leader who had been a senior SS officer and Nazi lawmaker.

“Honest government must be preceded by honest negotiations,” Kickl said, adding: “No little games, no tricks, no sabotage.”

He also called on new, interim OVP leader Christian Stocker to ensure his party is stable and united, a reference to divisions that appear to have helped collapse the centrist coalition talks.

“If that is not the case, then … there will be snap election. We are prepared,” Kickl said, a clear threat given that opinion polls show FPO support has only risen since September while the OVP’s has fallen, with the gap growing to more than 10 percentage points.

Kickl’s statement, his first since Van der Bellen announced that he had tasked him with forming a government, was short on policy details.

He said he wanted a “massive political firefighting operation” to bring the Alpine republic’s finances under control but did not give specifics.

How to bring the budget deficit back within the European Union’s limit of 3% of economic output was the main sticking point in the centrist coalition talks.

It is unclear how the FPO and OVP would achieve that – they both prefer to trim government spending to raising taxes, but are wary of cutting big-ticket items like pensions.

Kickl said he would extend the invitation to talks to the OVP, his only potential coalition partner, after his party’s leadership signs off on the move on Tuesday evening, and that once the talks begin they should quickly establish whether a coalition is possible.

This post appeared first on investing.com
Previous Post

Column-Trump trade uncertainty exposes stretched markets to volatility shocks: McGeever

Next Post

Venezuela’s Maduro to start third term in office amid rigged election: ‘Blatant violation’

Next Post
Venezuela’s Maduro to start third term in office amid rigged election: ‘Blatant violation’

Venezuela’s Maduro to start third term in office amid rigged election: ‘Blatant violation’

  • Trending
  • Comments
  • Latest
Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

July 8, 2025
DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

February 7, 2025
Analysis-To weather Trump, emerging market investors look to the frontier

Analysis-To weather Trump, emerging market investors look to the frontier

January 27, 2025
Over 158 million Americans voted in 2024 as Trump reclaimed the White House

Over 158 million Americans voted in 2024 as Trump reclaimed the White House

July 7, 2025
State Department stays quiet as Albania reinstates deputy PM accused of corruption

State Department stays quiet as Albania reinstates deputy PM accused of corruption

0
Harris campaign officials explain what went wrong –  and what Trump did right: report

Harris campaign officials explain what went wrong – and what Trump did right: report

0
New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

0
NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

0
State Department stays quiet as Albania reinstates deputy PM accused of corruption

State Department stays quiet as Albania reinstates deputy PM accused of corruption

December 13, 2025
MIKE DAVIS: Why DC’s Trump-hating Judge Boasberg must be impeached

MIKE DAVIS: Why DC’s Trump-hating Judge Boasberg must be impeached

December 13, 2025
Republican House leader signals plan to begin contempt proceedings against Bill and Hillary Clinton

Republican House leader signals plan to begin contempt proceedings against Bill and Hillary Clinton

December 13, 2025
House GOP unveils healthcare plan ahead of vote next week as cost hike looms for millions

House GOP unveils healthcare plan ahead of vote next week as cost hike looms for millions

December 13, 2025

    Fill Out & Get More Relevant News

    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    State Department stays quiet as Albania reinstates deputy PM accused of corruption

    State Department stays quiet as Albania reinstates deputy PM accused of corruption

    December 13, 2025
    MIKE DAVIS: Why DC’s Trump-hating Judge Boasberg must be impeached

    MIKE DAVIS: Why DC’s Trump-hating Judge Boasberg must be impeached

    December 13, 2025
    Republican House leader signals plan to begin contempt proceedings against Bill and Hillary Clinton

    Republican House leader signals plan to begin contempt proceedings against Bill and Hillary Clinton

    December 13, 2025
    House GOP unveils healthcare plan ahead of vote next week as cost hike looms for millions

    House GOP unveils healthcare plan ahead of vote next week as cost hike looms for millions

    December 13, 2025

    Top News

    State Department stays quiet as Albania reinstates deputy PM accused of corruption

    State Department stays quiet as Albania reinstates deputy PM accused of corruption

    December 13, 2025
    MIKE DAVIS: Why DC’s Trump-hating Judge Boasberg must be impeached

    MIKE DAVIS: Why DC’s Trump-hating Judge Boasberg must be impeached

    December 13, 2025

    Latest News

    • State Department stays quiet as Albania reinstates deputy PM accused of corruption
    • MIKE DAVIS: Why DC’s Trump-hating Judge Boasberg must be impeached
    • Republican House leader signals plan to begin contempt proceedings against Bill and Hillary Clinton

    About Finance Fusion Network

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.