Overview

• Chancellor Karl Nehammer announced his resignation following the collapse of coalition talks with the Social Democrats.
• Christian Stocker, General Secretary of the Austrian People’s Party since 2022, has been appointed as interim leader.
• Nehammer cited 'destructive forces' within the Social Democrats and concerns over economic policies as reasons for ending negotiations.
• Austria faces significant economic challenges, including a recession, rising unemployment, and a budget deficit exceeding EU limits.
• President Alexander Van der Bellen is expected to outline the next steps after meeting with Nehammer.