Austrian Chancellor Nehammer Says He Will Resign After Talks On Forming A New Government Fail

Austrian Chancellor Karl Nehammer said Saturday he will resign in the coming days after talks on forming a new government failed a second time.

The announcement came after the People's Party and the Social Democrats on Saturday continued coalition talks a day after the liberal Neos party's surprise withdrawal from discussions.

"Unfortunately I have to tell you today that the negotiations have ended and will not be continued by the People's Party," said Nehammer, the conservative party's leader, in a statement on social media.

He said that "destructive forces" in the Social Democratic Party have "gained the upper hand" and that the People's Party will not sign on to a program that it considers to be against economic competitiveness.

Social democratic leader Andreas Babler said he regretted the People's Party decision to end the talks. "This is not a good decision for our country," he said.