Christian Stocker, the ÖVP leader, says ‘common programme’ has been agreed with SPÖ and Neos

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Five months after the far-right Freedom Party (FPÖ) finished first in parliamentary elections, Austria’s three leading centrist parties have reached agreement to form a new government without it.

The centre-right People’s party (ÖVP), Social Democrats (SPÖ) and liberal Neos, whose first attempt at forming a coalition failed in January, unveiled a 200-page programme aimed mainly at reviving the country’s ailing economy and cutting its budget deficit.