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ÖVP and SPÖ Achieve Breakthrough in Budget Negotiations
In the ongoing coalition talks between the Austrian People's Party (ÖVP) and the Social Democratic Party of Austria (SPÖ) without a mandate to form a government, a significant agreement has apparently been reached. According to several media reports, the two parties have been able to agree on a joint budget for the coming years. Official confirmation is still pending, but there are increasing signs that the negotiations are entering the home straight.
The successful agreement on the budget is seen as an important step on the way to forming a new government. / Picture: © Wikimedia Commons/ Peter Binter/ CC BY-SA 2.0 (https://creativecommons.org/licenses/by-sa/2.0)
Following the failure of the negotiations between the ÖVP and FPÖ and the unsuccessful three-way talks with the NEOS, the ÖVP once again turned to the SPÖ. Talks have intensified in recent days, with insiders saying that the issue of the bank levy in particular remained controversial for a long time. SPÖ leader Andreas Babler and ÖVP chairman Christian Stocker want to inform…
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