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Search resuls for: "Christian Stocker"


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Reuters —Austrian President Alexander Van der Bellen tasked the leader of the far-right Freedom Party (FPO) on Monday with forming a coalition government after a centrist bid to assemble one without the FPO collapsed unexpectedly over the weekend. That task fell to the conservative People’s Party (OVP) and its leader Chancellor Karl Nehammer. OVP now open to talksNehammer had long insisted his party would not govern with Kickl, saying the FPO leader was a conspiracy theorist and security threat. His interim successor as OVP leader, Christian Stocker, said on Sunday his party would join coalition talks led by Kickl. Van der Bellen has repeatedly said he will remain vigilant to ensure “cornerstones of democracy” including human rights, independent media and Austria’s membership of the European Union are respected.
Persons: Alexander Van der Bellen, Herbert Kickl, Van der Bellen, , ” Van der Bellen, Kickl, , Chancellor Karl Nehammer, Nehammer’s, Nehammer, Christian Stocker, Wilfried Haslauer, Stocker Organizations: Reuters, Austrian, Party, Greens, People’s Party, SS, Jewish, OVP, ORF, of Commerce, Ukraine, Russia, European Locations: Russia, Austria, Salzburg, European Union
The leadership of Austria’s ruling conservatives held a crisis meeting on Sunday to pick a successor to Chancellor Karl Nehammer, who announced his resignation on Saturday as attempts to form a coalition government without the far right fell apart. More than two hours after the meeting began, several Austrian media reported that People’s Party (OVP) Secretary-General Christian Stocker, 64, would take over as party leader in an interim capacity. The OVP and FPO overlap on various issues, particularly taking a tough line on immigration, to the point that the FPO has accused the OVP of stealing its ideas. The two governed together from late 2017 until 2019, when a video-sting scandal involving the then-leader of the FPO prompted their coalition’s collapse. At the state level, they govern together in five of nine states, including in OVP moderate Wallner’s Vorarlberg.
Persons: Austria’s, Chancellor Karl Nehammer, Christian Stocker, Alexander Van der, Van, Herbert Kickl, ” Markus Wallner, , ” Wallner, Nehammer, Viktor Orban’s, Sebastian Kurz, Wolfgang Hattmannsdorfer, Kickl Organizations: People’s Party, Party, Hungarian, OVP, Social Democrats, of Commerce Locations: Russia, Vorarlberg, Austrian, Austria
Austrian conservatives pick interim leader after chancellor quits
  + stars: | 2025-01-05 | by ( ) www.cnbc.com   time to read: +2 min
Austria's ruling conservatives picked Secretary-General Christian Stocker as interim successor to Chancellor Karl Nehammer, Austrian media reported on Sunday, after Nehammer quit as his attempts to form a coalition government without the far right fell apart. There was no immediate comment from the People's Party (OVP), and Nehammer only told reporters after the party's crisis leadership meeting on Sunday that "important and correct decisions" had been taken. "It is not an easy situation," Markus Wallner, the governor of Vorarlberg, the westernmost of Austria's nine provinces, told reporters before the OVP leadership meeting at the chancellor's office on Sunday morning. A spokesperson for Van der Bellen said he was due to address the nation at 2:45 p.m. (1345 GMT). Nehammer crossed the road separating their offices earlier to report to Van der Bellen on the OVP leadership meeting.
Persons: Christian Stocker, Austria's, Chancellor Karl Nehammer, Nehammer, Alexander Van der, Van, Herbert Kickl, Markus Wallner, Wallner, Van der Bellen, Viktor Orban's Organizations: Austria's Peoples Party, People's Party, Party, Hungarian Locations: Vienna, Austria, Austrian, Russia, Vorarlberg
The Europe-wide STOXX 600 index (.STOXX) inched up 0.1% to its strongest level since Aug. 19. S&P Global's flash Composite Purchasing Managers' Index (PMI) for the euro zone, seen as a good gauge of overall economic health, nudged up to 47.8 in November from the previous month. Traders have currently priced in a 77% chance that the U.S. central bank will hike rates by 50 basis points in December. The European Central Bank will release its own meeting minutes on Thursday. ECB Vice-President Luis de Guindos said the central bank will keep raising interest rates until it brings inflation down to around its 2% mid-term goal.
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