Greece’s ‘No’: What next for Europe and Greece?

Greece has given a resounding vote in the referendum to reject austerity measures imposed by the creditors in the terms and conditions for a bailout. The vote was 60-40 in favour of the ‘No’ side. The massive vote is a setback to the Eurozone and the dream project of a single currency which was implemented to remain permanent and strengthen the union. While the vote is a rejection for austerity, it is by no means an indicator that it is a vote to exit EU.

Many Greeks feel it is important to stay within the EU, but that does not mean they are ready to be coerced into accepting what the elite nations of Europe try to impose. Even Greece Prime Minister Alexis Tspiras, while acknowledging that the vote was a mandate for sustainable future, said it was by no means a mandate against Europe and warned that there would be no easy solutions. The outcome for millions of Greeks was an angry message to creditors that Greece can longer accept repeated rounds of austerity that, in five years, had left one in four without a job.

Read More

Reconnecting to Central Asia: Modi’s visit to Stans states a game-changer

If I say Amir Khusrau is our poet, I would be stoned in India,” the Tajik ambassador said recently in New Delhi, a shade dramatically. In Dushanbe, don’t be surprised if Tajiks recite to you soulful couplets of Zebn-un-Nisa, Aurangzeb’s eldest daughter better known by her pen-name Makhfil (The Hidden One). Mahabharata and Ramayana are prime time shows on Uzbek TV. And this will be a revelation for those not in the know: on Valentine’s Day, Uzbeks celebrate their love for the 16th century Mughal emperor Babur.
From Bollywood and kathak to yoga and Hindi, Central Asia is suffused with the glow of Indian culture and spirituality. It was, therefore, fitting when India launched its Connect Central Asia policy in 2012 as the two regions have been conjoined intimately through historical and cultural ties for centuries. It’s a relationship that has been enriched by culture and poetry, but geopolitically it’s only now this strategically located region is zooming back into the focus of India’s diplomatic-strategic establishment. Prime Minister Narendra Modi’s visit to the five Central Asian states is a compelling statement of India’s reawakened interest in the region that is critical to the country’s interlinked strategic, economic and energy interests. The forthcoming visit of Mr Modi, the first by an Indian prime minister to all five post-Soviet Stans states in one go, is a game-changer of sorts that’s set to transform India’s multifarious relations with the energy-rich Central Asian region, where China has firmly positioned itself as the leading economic power and dispenser of largesse.

Read More