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Spanish Prime Minister Pedro Sanchez  addressed the supporters at party headquarters in Madrid, as he is likely to regain power after his Socialists overcame a historic challenge by right-wing nationalists in elections on Sunday.

Key Quotes:

“The Socialists have won the general election.”  

“Social democracy has a great future because it has a great present and Spain is an example of that. We will form a pro-European government to strengthen and not weaken Europe.”  

“I have expressed to him … our willingness to work towards a coalition government,” Podemos leader Pablo Iglesias told supporters in Madrid. Forming such a coalition “will take much time and I would ask for your patience.”

The Socialists and Far left-wing party  Podemos are set to fall around 11 seats short of a parliamentary majority, but bridging the gap would require Sanchez to also rely on Basque nationalists and other small parties.

By party, Sanchez’s Socialists led with 123 seats in the 350-seat parliament. The PP stood at 66 seats, centre-right Ciudadanos (‘Citizens’) at 57 seats, Podemos at 42 and Vox at 24.