The Trader 

Market Outlook: Kurz is back in town

The Trader

Sebastian Kurz (33), the youthful leader of Austria’s conservatives, whose coalition government with the far-right Freedom Party collapsed after an expenses scandal, took an estimated 38 per cent of all votes making them the key to a new coalition government. Next in line with around 22 per cent of the vote were the Social Democrats, their worst showing since WWII, followed by a diminished far—right and then the Greens at 14 per cent. Negotiations are expected to take weeks, making Austria another EU nation with a ropy handle on government.

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