File photo

Romanian former banker Florin Citu is set to become the country's 18th prime minister in 31 years, after three center-right parties signed a coalition agreement to form a new government.

The deal breaks the stalemate that followed parliamentary elections held on December 6. Citu is currently the minister of finance and a member of the National Liberal Party (known as the PNL).

If the deal is approved by parliament, the PNL will govern alongside the newly formed USR-PLUS alliance and UDMR, a party representing the country's Hungarian minority.