AUSTRIA LAST HURRAHS Few smiles after a big victory

Within hours of Kurt Waldheim's victory in the Austrian presidential runoff on June 8, posters reading BACK TO THE FUTURE began to sprout up around Vienna. Austrian citizens, it seemed, were eager to be done with divisive questions about Waldheim's Nazi past and to let the victorious candidate of the conservative People's Party get on with his job. It was soon apparent, however, that the analgesic effects of the decisive election would not be enough to cure Austria's headache. The very next day, Socialist Chancellor Fred Sinowatz unexpectedly resigned, vowing to devote himself to rebuilding his tattered party. His replacement: Finance...

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