The Austrian political landscape is currently abuzz with ongoing exploratory talks between the Austrian People's Party (ÖVP) and the Social Democratic Party of Austria (SPÖ).

Both parties are cautiously optimistic about forming a coalition, emphasizing the need for substantial solutions rather than minimal compromises.

The discussions, which have moved beyond initial atmospherics to focus on key issues such as migration, economic stability, and healthcare, are taking place at the historic Palais Epstein.

Despite the progress, the possibility of a coalition remains open-ended, with both parties acknowledging the challenging economic conditions that require significant budget cuts.

An expert group has been established to provide a solid data foundation for future budgetary decisions.

Meanwhile, the potential inclusion of the Neos in a broader coalition remains a topic of speculation, as all parties aim to address the pressing concerns of Austrian voters.