Rightist Freedom Party makes significant gains in Austrian elections

Austrian elections1

Chancellor Werner Faymann’s Social Democrats (SPO) offered talks with their conservative People’s Party (OVP) allies to ensure that the two parties that have dominated post-war politics stay in power. The two big parties each received less support at the polls on Sunday than in any previous election since 1945.

By contrast, the rightist Freedom Party made significant gains; so did the Greens and a party founded by an Austro-Canadian billionaire. A new pro-business party appeared to have cleared the 4 percent hurdle needed to gain seats in Parliament in its first attempt.

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The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.

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