"In PASOK we knew that today would be decisive. It proved to be a big blow," said PASOK leader Evangelos Venizelos in his first official address to the media after the Election Day. He noted that his party had lost a significant part of its electorate. "We lost the fight by telling the truth," he said, adding that the extreme left and right have reached a populist victory on the backs of the Socialists. The PASOK leader said that the people did not give a clear “order” for the formation of a single-party government. This is why a broad cross-party coalition must be formed, which will be European-oriented in order to complete the job with the Memorandum 2.
Venizelos promised that PASOK will help rebuild the country and will enter into coalition with any party that supports the rehabilitation program set by the Memorandum for financial assistance. Thus he gave a clear signal that his party is ready to support the government convened by New Democracy. He ended his address with the statement: "I'm sure that the people will protect their homeland."