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VIENNA—Austria’s conservative Chancellor Sebastian Kurz resigned on Saturday to pull his coalition government back from the brink of collapse after the junior party demanded his head because he has been placed under investigation on suspicion of corruption. The move by Kurz, who denies wrongdoing, satisfied his coalition partner, the Greens, and came just three days before a special session of parliament at which they were preparing to back a motion of no-confidence that would have forced him out. A star among Europe’s conservatives known for his hard line on immigration, Kurz, 35, became one of the continent’s youngest leaders in 2017 when he formed a coalition with the Freedom Party that had collapsed in 2019. Parliament sacked him but he won the snap election that followed. He has so far been unchallenged as leader of the People’s Party (OVP)—he was reappointed in August with 99.4 percent support. Kurz plans to …