Official Name: Fourth Empire of the Austrian People, other names: Fourth Austrian Empire, Empire of the German People
(Overview: this alternate historical scenario is based if in Austria, the late 2000's financial crisis caused a massive political revolution, resulting in a new empire.)
April 3rd, 2009- Vienna, Austria
Werner Faymann gave up his office, announcing that an interim chancellor, Politician Karl von Hapsburg, son of Otto von Habsburg who was the heir to the last Emperor, was appointed interim chancellor. Under the difficulties, the nation slowly improved, the habsburg family soon came to the very forefront again. The gdp went up again, because of Karl von Hapsburg's N.I.P (National Investment Plan). He offered salt mining rights to two large companies (Nestle and Unilever) in exchange for 90000 shares of stock each. Soon he taxed the citizens for it. The bill narrowly passed. Citizens got a part of the profits for paying a tax to start the project. A citizen who's gdp was 100,000 USD could make about 1,000 dollars a year.
In the summer of 2011 The Austrian people voted on a controversial referendum to restore the Austrian Empire. Out of the 8,500,000 citizens of austria, 2,450,000 of the 3,210,005 people who showed up to vote voted in favor of the restoration of the monarchy. Soon the monarchy was re-established at the official coronation of Karl von Hapsburg. He soon re-instituted the nobility and left the EU
Leaving the EU made The Fourth Empire very unpopular with the rest of europe. Soon the United Kingdom and the United States enacted embargos on textiles, which at the time made up 12.5% of the industrial workforce. This caused a slight recession. Soon a communist underground started rebellions