trending Market Intelligence /marketintelligence/en/news-insights/trending/mWbHAbqS13rcg969koAoxQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Austria's conservatives to form coalition government with Greens

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

Austria's conservatives to form coalition government with Greens

The Austrian People's Party, led by Chancellor Sebastian Kurz, has struck a coalition deal with the Green Party after the conservative group's previous partnership with the far-right Freedom Party fell apart in May 2019.

"The negotiations were not easy," Kurz said at a press meeting in Vienna, the Financial Times reported. "Both parties can keep their key campaign promises," he added as he pledged to introduce a scheme on tax cuts and climate change policy.

The Greens won 13.9% of the vote in snap elections held in September 2019 following a political scandal that led to Heinz Christian Strache resigning as vice-chancellor and leader of the Freedom Party. Kurz's center-right People's Party won 37.5%.

The coalition marks the Greens' first entry into power in Austria, with their leader, Werner Kogler, set to become vice-chancellor, the FT said. The party is expected to hold four cabinet posts, including an expanded environment ministry.

The deal is pending formal approval by members of the Greens in a meeting to be held Jan. 4, the FT said.