Austria's three-way coalition government, sworn in by President Alexander Van der Bellen, comprises the conservative OVP, center-left SPO, and liberal NEOS. This coalition marks an end to five months of political instability following September elections. The alliance seeks to tackle pressing issues such as economic growth, a large budget deficit, and stricter migration policies. With OVP leader Christian Stocker as chancellor and SPO head Andreas Babler as his deputy, the coalition avoids a potential snap election that could have favored the far-right FPO, now excluded from power.
The new government's formation marks the end of political turmoil and provides a collaborative approach to address key issues facing Austria, especially economic and migration challenges.
The three-way coalition consists of the conservative OVP, the center-left SPO, and the liberal NEOS, uniting to prevent the far-right FPO from gaining power.
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