Wall Street Jedi
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Wall Street Jedi
No Result
View All Result
Home Stock

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

by
January 7, 2025
in Stock
0
Austrian far right demands conservatives be ‘honest’ in coalition talks
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

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

Meta shelves fact-checking for ‘Community Notes’ model in major policy reversal

Next Post

Israel stocks higher at close of trade; TA 35 up 0.07%

Next Post
Israel stocks higher at close of trade; TA 35 up 0.07%

Israel stocks higher at close of trade; TA 35 up 0.07%

  • Trending
  • Comments
  • Latest
American creating deepfakes targeting Harris works with Russian intel, documents show

American creating deepfakes targeting Harris works with Russian intel, documents show

October 23, 2024
Cadence raises midpoint of 2024 profit forecast on robust demand from chip designers

Cadence raises midpoint of 2024 profit forecast on robust demand from chip designers

October 28, 2024
Israel stocks lower at close of trade; TA 35 down 0.23%

Israel stocks lower at close of trade; TA 35 down 0.23%

October 6, 2024
Earnings call: Microsoft sees soaring cloud and AI growth in Q1 FY2025

Earnings call: Microsoft sees soaring cloud and AI growth in Q1 FY2025

October 31, 2024
Tesla agrees to first deal to build China’s largest grid-scale battery power plant

Tesla agrees to first deal to build China’s largest grid-scale battery power plant

0
Retailers scramble to move billions in cargo as East Coast dockworkers prepare to strike

Retailers scramble to move billions in cargo as East Coast dockworkers prepare to strike

0
PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

0
East and Gulf coast ports shut down as thousands of workers go on strike

East and Gulf coast ports shut down as thousands of workers go on strike

0
Tesla agrees to first deal to build China’s largest grid-scale battery power plant

Tesla agrees to first deal to build China’s largest grid-scale battery power plant

June 21, 2025
Oil prices rise more than 1% as Israel vows to intensify attacks on Iran

Oil prices rise more than 1% as Israel vows to intensify attacks on Iran

June 20, 2025
Apple looking to make ‘premium’-priced folding iPhones starting next year, analyst says

Apple looking to make ‘premium’-priced folding iPhones starting next year, analyst says

June 20, 2025
Nike pushes back Skims launch with Kim Kardashian due to production delays

Nike pushes back Skims launch with Kim Kardashian due to production delays

June 19, 2025

Recent News

Tesla agrees to first deal to build China’s largest grid-scale battery power plant

Tesla agrees to first deal to build China’s largest grid-scale battery power plant

June 21, 2025
Oil prices rise more than 1% as Israel vows to intensify attacks on Iran

Oil prices rise more than 1% as Israel vows to intensify attacks on Iran

June 20, 2025
Apple looking to make ‘premium’-priced folding iPhones starting next year, analyst says

Apple looking to make ‘premium’-priced folding iPhones starting next year, analyst says

June 20, 2025
Nike pushes back Skims launch with Kim Kardashian due to production delays

Nike pushes back Skims launch with Kim Kardashian due to production delays

June 19, 2025

Disclaimer: WallStreetJedi.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

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

Copyright © 2025 wallstreetjedi.com | All Rights Reserved

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

Copyright © 2025 wallstreetjedi.com | All Rights Reserved