Austria's centrist parties, including the ÖVP, SPÖ, and Neos, have agreed to form a coalition government five months after elections where the far-right FPÖ won the largest share. Christian Stocker from ÖVP is set to become chancellor, with SPÖ’s Andreas Babler as vice chancellor. The coalition aims for consensus and pragmatism, but requires approval from Neos' members. The agreement excludes the FPÖ and its leader Herbert Kickl, who criticized the coalition as a 'coalition of losers.'