Austrian Centrist Parties Unite to Form Coalition Despite Far-Right Win

Summary: Austria's centrist parties ÖVP and SPÖ have recently established a coalition government with Christian Stocker as chancellor and Andreas Babler as vice-chancellor. This coalition, formed after five months of negotiations, holds a slim majority of 92 out of 183 seats. Despite the far-right FPÖ winning 28% of the September vote, the new government plans to enact stringent asylum policies, amend tenancy laws, reduce benefits, and adhere to EU fiscal regulations. These policy shifts signify notable changes in Austria's governance.