High Quality Content by WIKIPEDIA articles The Social Democratic Party of Austria (German: Sozialdemokratische Partei sterreichs, SP ) is one of the oldest political parties in Austria. The SP is one of the two major parties in Austria, and has ties to trade unions ( GB) and the Austrian Chamber of Labour. The SP is among the few mainstream European social-democratic parties that have preserved their socialist roots and reject neoliberalism. The party currently governs Austria as the larger partner in a coalition with the conservative Austrian People's Party ( VP), with SP leader Werner Faymann serving as Chancellor of Austria.
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