Austrian Chancellor to Resign
This is a Austria news story, published by MSN, that relates primarily to Karl Nehammer news.
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Karl NehammerCNN
•Austrian Chancellor Nehammer says he will resign after talks on forming a new government fail
66% Informative
Austrian Chancellor Karl Nehammer says he will resign in the coming days after talks on forming a new government fail a second time.
The People’s Party and the Social Democrats continued coalition talks Saturday .
The next government faces the challenge of having to save between 18 to 24 billion euros ( $18.5 billion to $24.75 billion ) Austria 's budget deficit is currently at 3.7% of GDP.
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