Ten years after the indignados took to the streets, the fortunes of their political heirs are flagging

Spain’s regional elections in May 2011 were a lively affair, to say the least. As post-crash austerity led to soaring unemployment and abject poverty for millions, the indignados movement was born, filling Madrid and other cities with protesters night after night. It was out of this ferment of discontent and anti-capitalist idealism that the Podemos party was born, quickly rivalling and briefly threatening to surpass the Spanish Socialist Workers’ party as the country’s main leftwing force.

Ten years on, political drama is on the cards again, as Madrid goes to the polls on 4 May. The conservative regional president, Isabel Díaz Ayuso, has called a snap election to consolidate her majority, after threatening manoeuvres from a junior coalition partner. Podemos’s leader, Pablo Iglesias, has stepped down from his role as a deputy prime minister in Spain’s socialist-led government to take her on. The Madrid region has been run by the right since 1995, so Mr Iglesias has his work cut out. He has suggested his candidacy is motivated by a need to head off a possible extreme-right administration in the capital, which could include the far-right Vox party. But there are almost certainly other considerations at work as well.