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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
AUSTRIA
The governing centre-right People's Party (OVP) of Chancellor Karl Nehammer faces a difficult election on Sunday 29 January as it seeks to retain its narrow majority in the country's largest state, Lower Austria. Opinion polls point to the OVP losing its majority in the regional parliament, forcing it into coalition with either the right-wing nationalist Freedom Party (FPO) or the environmentalist Greens (the latter also govern with the OVP at the federal level).
- The Austrian gov't has garnered headlines at the EU level in recent weeks following the chancellor's veto on Bulgaria joining the Schengen area. This block was seen as an attempt to shore up support on the right as polling numbers for the FPO have continued to climb.
- A poor election result for the OVP could place further pressure on Nehammer and his uneasy coalition with the Greens. While the next election is not due until 2024, fissures in the OVP-Green administration could presage a snap election.
Chart 1. Lower Austria Opinion Polling, % and 2-Poll Moving Average
Source: IFDD, OGM, Market, Unique Research, MNI
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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