**Coalition talks** between Austria's two largest centrist parties have collapsed, prompting Chancellor **Karl Nehammer** to announce his impending resignation.
The **Neos party** exited negotiations, citing a lack of decisive action from the other parties involved.
Nehammer confirmed he would stand down from both his role as chancellor and leader of the **People's Party** to facilitate an orderly transition.
Without a coalition partner, the **far-right Freedom Party (FPO)** may emerge as a dominant force, having won 29% of the vote in the last election.
Political analysts suggest that either FPO leader **Herbert Kickl** may be tasked with forming a government or Austria could face a **snap election.**
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