Home Editor’s Pick Austria's Kurz steps down as chancellor but will lead party

Austria’s Kurz steps down as chancellor but will lead party

imageWorld6 minutes ago (Oct 09, 2021 02:25PM 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

VIENNA (Reuters) -Austrian Chancellor Sebastian Kurz said on Saturday he is stepping down after being placed under investigation on suspicion of corruption offences, but he plans to stay on as the leader of his party and its top lawmaker in parliament.

Kurz denies wrongdoing and had said he was willing to keep governing with his coalition partner, the Greens. But the left-wing party has said the investigation makes Kurz unfit to serve chancellor and called on his party to name a successor who was “beyond reproach”.

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

“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 planned to stay on as party leader and to take over as the leader of its lawmakers in parliament. As party leader, he was proposing Foreign Minister Alexander Schallenberg to succeed him as chancellor, he said.

The Greens have yet to say whether they would accept Schallenberg.

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.”

Austria’s Kurz steps down as chancellor but will lead party

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.

Subscribe here

Categories

Must Read