Bloomberg Austrian Chancellor Sebastian Kurz resigned in the face of corruption allegations, a stunning blow for a rising star of European conservative politics. Foreign Minister Alexander Schallenberg, whom Kurz recommended as his successor, now begins the work of salvaging the ruling People’s Party/Green Party coalition. He’s due to meet Green officials and Austrian President Alexander Van der Bellen on Sunday. ...

Bloomberg Czech President Milos Zeman was rushed to the hospital over complications related to his chronic health problems, a development that may snarl government negotiations after his ally suffered a shock election defeat. Zeman, 77, has spent the past years in a wheelchair suffering from diabetes and neuropathy. A staunch supporter of Russia and advocate of deepening ties with China, ...

Bloomberg Talks to form a three-way coalition government in Germany risk getting bogged down over finance and budget matters, based on divergent policy objectives outlined by leaders of the two junior parties over the weekend. Volker Wissing, secretary-general of the business-friendly FDP, said his party won’t accept tax increases or a loosening of the so-called debt brake, according to a ...