General elections were held in Romania in December 1867, and were won by a coalition of liberal-and-radical groups, or "Concordia Agreement", formed around incumbent Prime Minister Ștefan Golescu. Concordia brought together the left-leaning "Reds", the Free and Independent Faction, and a moderate liberal section under Mihail Kogălniceanu. The latter split the moderate vote, ensuring defeat for the opposition led by Ion Ghica, which came in third, after the conservative "Whites". The reconfiguration made the country more governable, at a time of financial crisis and riotous disputes over the issue of Jewish emancipation. Controversially, Concordia sought to win over and appease antisemitic voters, although it was itself divided between more and less pliable antisemites.

The Free and Independent Faction or Free and Independent Fraction was a nationalist and national liberal party in Romania, regionally centered on Western Moldavia. Originally informal, and defined by its adversaries, the Faction mainly comprised pupils and followers of the philosopher Simion Bărnuțiu. During most of its existence, it had as its recognized leader the academic and polemicist Nicolae Ionescu.