Austria is governed by a centre-right coalition under Chancellor Christian Stocker (ÖVP), with President Alexander Van der Bellen (Greens) as head of state. The economy shows mixed signals: GDP contracted by 0.1% in Q2 2026 (Eurostat), unemployment rose to 6.7% in August 2026 (Eurostat), and inflation increased to 3.6% in September 2026 (Eurostat).