Economics

Spain's Podemos Wants to Be the Next Syriza: Here's Why That Might Not Be So Easy

From an economic upturn to unfavorable election laws, Podemos faces obstacles its Greek counterpart didn't

Podemos Party Leader Pablo Iglesias

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Spain's Podemos party wants to become the next Syriza, rallying an austerity-ravaged population to overthrow the political establishment. That won't be easy.

True, the latest polls show anti-austerity Podemos—the name means "We can"—running ahead of Spain's two mainstream parties in national elections later this year. Podemos leader Pablo Iglesias, who campaigned with Syriza leader Alexis Tsipras in Athens last week, is clearly hoping for a coattail effect from Syriza's sweeping victory on Jan. 25.