by Mike ‘Mish’ Shedlock
Norbert Hofer, the anti-immigration Freedom party candidate, conceded to Green party candidate Alexander Van der Bellen Monday afternoon in Austria’s presidential election.
The final vote was 50.3 percent to 49.7 percent in favor of Van der Bellen.
The role of president is largely symbolic. In Austria, as in Germany, chancellor is the position of power.
It took a concerted effort of Greens, center-left, and center-right to beat Hofer, age 45. He will be back.