Van der Bellen to pick Austria's interim chancellor next week - Breaking The News
Download our appPlay StoreApp Store

Van der Bellen to pick Austria's interim chancellor next week

EPA-EFE/MAX SLOVENCIK

Austrian President Alexander Van der Bellen said on Sunday that he will appoint a new chancellor of the transitional government "in the course of the following week," after the current Austrian Chancellor Karl Nehammer announced earlier today that he will step down.

Van der Bellen claimed that Nehammer "assured" him that the transition will be carried out in an "orderly and calm" manner, which is why the outgoing chancellor will manage the existing transitional government "for the time being." The Austrian president noted that appointing the new interim chancellor will "ensure the orderly administration and continuation of the affairs of the Republic of Austria."

The president also announced that he will meet with the leader of the Austrian Freedom Party, Herbert Kickl, on Monday to "discuss the new situation." Meanwhile, Nehammer's party, the Austrian People's Party, picked General Secretary Christian Stocker as its interim leader.

Related News
Fed's Kugler: Rate policy may be on hold for some time
Federal Reserve Governor Adriana Kugler shared on Friday that it could be appropriate for the United States central bank to hold its interest rates at the current level "for some time," given the recent rise in inflation expectations and key inflation categories "that have not shown progress" toward the 2% goal."I strongly supported the FOMC's decision at our January meeting to maintain the target range for the federal funds rate" at between 4.25% and...
Fed's Kugler: US economy remains on 'firm footing'
Federal Reserve Governor Adriana Kugler shared on Friday that the United States economy remains "on a firm footing."Speaking at the 2025 Miami Economic Forum, Kugler mentioned that given all the available data and estimates, she believes the gross domestic product (GDP) growth in the country in the first quarter of this year will be "solid.""We reduced our policy rate 100 basis points through December, but the recent progress on inflation has been...
Fed's Kugler: Policy well positioned to deal with uncertainties
Federal Reserve Governor Adriana D. Kugler stressed that the Fed's current monetary policy is comfortable handling any uncertainty it faces in pursuing its dual mandate.During her speech at the Detroit Economic Club, Kugler reassured that she would make decisions on a meeting-by-meeting basis. However, she praised the path and achievements of the current policy."While I have gained more confidence that the two positive supply shocks I described have...
Fed's Kugler: Rate cuts to depend on inflation, labor market
Federal Reserve Governor Adriana Kugler said on Thursday that the United States central bank needs to pay attention to both sides of its mandate, to ensure both maximum employment and price stability, when it makes decisions on interest ratesAt an event in Uruguay, Kugler stressed that the US "has seen considerable disinflation while experiencing a cooling but still resilient labor market" and pointed out that in case risks arise that "stall progress or...

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.