With Spain's unemployment still at 25 percent, the country has dipped into a second recession -- and financial institutions have taken note. Moody's Investors Services downgraded 16 Spanish banks on May 17. Spain's crumbling financial institutions are among the complaints that have prompted people to take to the streets.        Above, demonstrators gather in Plaza Catalunya at the end of a parade on May 12.

The Return of Los Indignados

Start Slideshow View as a List
With Spain's unemployment still at 25 percent, the country has dipped into a second recession -- and financial institutions have taken note. Moody's Investors Services downgraded 16 Spanish banks on May 17. Spain's crumbling financial institutions are among the complaints that have prompted people to take to the streets.        Above, demonstrators gather in Plaza Catalunya at the end of a parade on May 12.

With Spain's unemployment still at 25 percent, the country has dipped into a second recession -- and financial institutions have taken note. Moody's Investors Services downgraded 16 Spanish banks on May 17. Spain's crumbling financial institutions are among the complaints that have prompted people to take to the streets.

Above, demonstrators gather in Plaza Catalunya at the end of a parade on May 12.

Up to 80 percent of the Spanish population supports the indignados, according to recent polls. Above, a protester waves the Spanish flag in Plaza Catalunya, Barcelona, at the  end of the parade on May 12. The event marked the beginning the occupation of the square.

Up to 80 percent of the Spanish population supports the indignados, according to recent polls. Above, a protester waves the Spanish flag in Plaza Catalunya, Barcelona, at the end of the parade on May 12. The event marked the beginning the occupation of the square.

A security officer of the BBVA bank in Plaza Catalunya closes the  bank's doors to prevent the demonstrators from getting inside on May   15.

A security officer of the BBVA bank in Plaza Catalunya closes the bank's doors to prevent the demonstrators from getting inside on May 15.

Protesters assert their right  to housing outside the Caixaterrassa Bank  on May 15 in Barcelona. The   movement has been successful at delaying or canceling at least some evictions of homeowners.

Protesters assert their right to housing outside the Caixaterrassa Bank on May 15 in Barcelona. The movement has been successful at delaying or canceling at least some evictions of homeowners.

Three elderly women watched the May 12 demonstration from inside an hotel in Barcelona.

Three elderly women watched the May 12 demonstration from inside an hotel in Barcelona.

Members of 15-M's most active group, "Democracia Real Ya," plan the path of a demonstration in their office on May 12 in Barcelona. Like Occupy Wall Street, the protesters have run into difficulty with the law regarding when and where they are allowed to meet. Police in Madrid have also had trouble enforcing the allotted periods when protesters are allowed to remain in main plazas.
Members of 15-M's most active group, "Democracia Real Ya," plan the path of a demonstration in their office on May 12 in Barcelona. Like Occupy Wall Street, the protesters have run into difficulty with the law regarding when and where they are allowed to meet. Police in Madrid have also had trouble enforcing the allotted periods when protesters are allowed to remain in main plazas.

Besides banks, protesters have also targeted the recent cuts to Spain's health-care programs. Above, members of the "Health Group 15-M" demonstrate outside the First Care Center in Raval district, Barcelona, rallying against layoffs of health-care professionals and the privatization of services.

Besides banks, protesters have also targeted the recent cuts to Spain's health-care programs. Above, members of the "Health Group 15-M" demonstrate outside the First Care Center in Raval district, Barcelona, rallying against layoffs of health-care professionals and the privatization of services.

Catalonia police squads arrest demonstrators   during the protest outside the headquarters of the Caixa bank in   Barcelona on May 15.

Catalonia police squads arrest demonstrators during the protest outside the headquarters of the Caixa bank in Barcelona on May 15.

Previous Next Close