> If I have the following code and add the colon after the 'else',
> python.el's electric-indent moves the 'else' to align with the inner
> 'if'.

> def foo()
>     if aaa:
>         if bbb:
>             x = 1
>         y = 1
>     else

I've attached a patch to fix this issue: It is caused by incorrect
detection of opening blocks.