Brasilia, October 9 (teleSUR-RHC) -- The Brazilian Socialist Party (PSB by its acronym in Portuguese) said it will support the neoliberal candidate Aecio Neves in Brazil's October 26 run-off elections against current President Dilma Rousseff.

The PSB party expects that the 22 million votes their candidate Marina Silva won in the first round will help Neves to beat Rousseff.

Neves, who is the candidate of Brazilian Social Democracy Party (PSDB) is the favorite of business and private enterprises in Brazil. He won 33.6 percent of the votes in the first round. President Rousseff won the round with 41.6 percent, a difference of 8 million votes, while Silva finished in last place with 21.32 percent of the votes.

Neves is also seeking endorsement from the influential family of the PSB former leader Eduardo Campos. Campos died in a plane crash in August, when he was the original PSB original candidate. Marina Silva took his place in the campaign.

Rousseff’s campaign is emphasizing how the Neves government will return Brazil to the economic and social problems of the past, given his PSDB party oversaw failed austerity policies during previous periods of office.

Silva has not yet decided if she will personally back Neves' campaign, but a statement from her is expected on Thursday. According to Brazil's newspaper Folha de Sao Paulo, Silva demanded Neves back certain demands of social movements in exchange for her support.

PSB Senator Rodrigo Rollemberg said his party backed Neves because Brazil needs to alternate executive powers.