Austria has long been considered a European success story: a land-locked country on the losing side of World War Two, which emerged from ten years of post-war occupation as one of the EU's richest member-states, a symbol of social consensus and political independence at the heart of Europe. But in the 2020s, the forward march of the far-right populist FPÖ threatens the return of old demons: extreme xenophobic racism, and economic and political instability.

The governing partnership between Austria's youngest-ever Chancellor and the extreme-right party lasted less than two years, but has left a wreckage of corruption scandals, including an ongoing investigation of fraud at the top. A cozy relationship with Russia, particularly President Putin, has cast a shadow over Austria's neutrality and reputation as a reliable EU partner. Belated confrontation of the Nazi past and the lingering legacy of the imperial nobility further muddy the waters, while the long decline of social democracy--the bedrock of post-war nation-building--has been equaled by the weak performance of the ruling conservative-green coalition, damaging trust in democracy.

Mixing personal memories with high political drama, Paul Lendvai reveals the knotted web of forces which have driven Austria to its current perilous state.