FIRST AIRED: December 4, 2016

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00:00:00
>> Austrians rejecting the far-right in their presidential election Sunday. The Freedom Party's Norbert Hofer conceding defeat as initial projections gave his rival, Alexander Van der Bellen, a clear lead of about 54% to 46. Hofer congratulating Van der Bellen on Facebook and describing himself as infinitely sad. Polls prior to the vote had put the candidates neck-and-neck.
00:00:25
The result will come as a relief to Europe's political establishment, who'd watched nervously for a gauge at the populist wave sweeping western democracies. It's Hofer's second defeat this year in his bid to become the first far-right leader in the EU's history. He was also beaten by Van der Bellen in May, but the result was overturned because of sloppy counting.