After five months of negotiations, Austria's conservative People's Party (ÖVP), Social Democrats (SPÖ), and liberal Neos are set to form a coalition government, excluding the far-right Freedom Party (FPÖ). The new chancellor will be Christian Stocker of the ÖVP. The coalition aims to address budget deficits and implement tougher asylum measures. Herbert Kickl, leader of the FPÖ, criticized the coalition and called for a snap election. Political analysts suggest the new government faces significant challenges ahead.