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Austrian chancellor Karl Nehammer to resign after coalition talks fail

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Austrian chancellor Karl Nehammer to resign after coalition talks fail - Next government in Austria faces challenge of having to save between 18 to 24 billion euros
Austrian Chancellor Karl Nehammer has announced his resignation following the collapse of coalition talks between his conservative Austrian People's Party (ÖVP) and the far-right Freedom Party (FPÖ). The failure to form a new government comes after months of negotiations, which were complicated by ideological differences and public scandals involving key FPÖ figures. Nehammer's decision to step down has triggered a political crisis in Austria, with the country now facing the prospect of either a snap election or the formation of a minority government. This development marks a significant shift in Austrian politics, potentially paving the way for new political alignments or even a change in the ruling coalition.

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