Connect with us

Hi, what are you looking for?

Editor's Pick

Austria’s Kurz steps down over corruption probe to save coalition

World37 minutes ago (Oct 09, 2021 03:35PM ET)

2/2
(C) Reuters. Austria’s Chancellor Sebastian Kurz, who is under investigation on suspicion of corruption offences gives a statement at the federal chancellery in Vienna, Austria October 9, 2021. REUTERS/Lisi Niesner

2/2

By Francois Murphy

VIENNA (Reuters) -Austria’s conservative Chancellor Sebastian Kurz resigned on Saturday to end a government crisis after his coalition partner said he was unfit for office because he has been placed under investigation on suspicion of corruption.

The move by Kurz, who denies wrongdoing, satisfied the demand by his junior coalition partner, the Greens, that he go even though he plans to stay on as his party’s leader and become its top lawmaker in parliament, positions from which he can continue to influence government policy.

“I would therefore like to make way in order to end the stalemate, to prevent chaos and to ensure stability,” Kurz said in a statement to the media.

He added that he was proposing to President Alexander Van der Bellen that Foreign Minister Alexander Schallenberg, a career diplomat backed by Kurz’s party, that he take over as chancellor.

Greens leader and Vice Chancellor Werner Kogler indicated he was satisfied, meaning Kurz had succeeded in pulling their coalition back from the brink.

“I believe this is the right step for future government work,” Greens leader and Vice Chancellor Werner Kogler said in a statement, adding that he had had a “very constructive” working relationship with Schallenberg.

Prosecutors said on Wednesday they had placed Kurz and nine others under investigation https://www.reuters.com/world/europe/prosecutors-raid-austrian-conservatives-hq-fresh-headache-kurz-2021-10-06 on suspicion of breach of trust, corruption and bribery with various levels of involvement.

Starting in 2016 when Kurz was seeking to take over as party leader, prosecutors suspect the conservative-led Finance Ministry paid for advertisements in a newspaper in exchange for manipulated polling and coverage favourable to Kurz.

Kurz has pledged to defend himself against what he says are false allegations. He had said he was willing to keep governing with the Greens. But the left-wing party said the investigation made Kurz unfit to serve https://www.reuters.com/world/europe/austrias-greens-question-coalition-ally-kurzs-ability-stay-2021-10-07 as chancellor and called on his party to name a successor who was “beyond reproach”.

NO CONFIDENCE VOTES

The Greens began talks on Friday with Austria’s three opposition parties, which have all demanded that Kurz resign and had planned to submit one or more no-confidence motions against him at a special session of parliament on Tuesday.

Austrian media reports before Kurz’s announcement had said he would step down only temporarily. While Kurz did not say that he did say he would mount a legal defence: “Above all … I will of course use the opportunity to refute and disprove the accusations that have been made against me.”

“Is it enough?” the leader of the liberal Neos party, Beate Meinl-Reisinger, told a news conference soon after Kurz’s statement, referring to the seriousness of the accusations against Kurz.

Austria’s Kurz steps down over corruption probe to save coalition

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

BEST PICKS FOR YOU

I’m going to let you in on a little secret. I got a $750 SHEIN gift card this week and all I had to...

Stock

(C) Reuters. FILE PHOTO: A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21,...

Sport

Reviewed by Helen Kollias, PhD What is adrenal fatigue? | Symptoms | Science | Treatment Every month, roughly 80,000 people type “what is adrenal...

Disclaimer: Wisegazette.com it's managers and its employees (collectively "The Company") do not make any guarantee or warranty about what is advertised or above. Information provided by this website is for research purposes only and should not be considered as personalized financial or health advice. Copyright © 2021 Wise Gazette. All Rights Reserved