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Austria's FPÖ and ÖVP Agree on Budget Plan, Paving Way for Right-Wing Government

  • Austrian far-right leader Herbert Kickl and conservative parties reached a budget accord to reduce the deficit, marking a significant step toward a new government.
  • The agreement includes savings of 6.3 billion euros to bring Austria's deficit below the 3% limit set by European Union rules.
  • Foreign Minister Alexander Schallenberg has become interim Chancellor after the resignation of Karl Nehammer, who failed to form a new coalition.
  • Kickl emphasized that the savings would come from eliminating tax loopholes and privileges, stating that negotiations were successful in just three days.
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  • 64% of the sources lean Left
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