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Austria moves towards centrist coalition deal after far right fails

Austria's two biggest centrist parties, the People's Party and Social Democrats, are moving quickly to form a government without the far-right Freedom Party. This development marks a significant shift in Austrian politics, as the two parties aim to create a stable coalition that can command a majority in parliament. The formation of this new government has been complicated by previous attempts at forming a coalition with the FPO, which ultimately collapsed due to disagreements over budget deficit targets.

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