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After the vote in favor of greater plant European Financial Stability (EFSF), now switch our attention on Slovakia, the last piece of the puzzle

Roubini: You need a . The agenda for today

. Jean-Claude Trichet, the crisis has reached the systemic dimension

. United UK and the industrial production

1:38 p.m.: 15

minutes of fame in Slovakia seems appropriate, given that one of the most famous of Slovak origin is Andy Warhol, Mikov whose parents are from the north. There is even a statue of the artist in Bratislava now the connection.

However, as the stew of Slovaks on the euro, I wonder if its most famous son have even foreseen the possibility that the Greek bondholders suffer a series of losses. The pop artist produced a trilogy of films: Haircut No. 1, No. 2 haircut and hairstyle # 3

13:10:

And what makes this Slovakia

Here my friend in Athens, Helena Smith:

austerity demonstrators have stepped up their protests in Greece, where international observers are expected to reach a potential make or break visit to the country in debt. A number of government buildings were besieged by angry employees against wage cuts, layoffs and profits are declining.

Both the Ministry of the Interior and the General Accounting Office - the inspectors of the European Union, International Monetary Fund and the European Central Bank, or the "troika", have been combing the Photo data - were blocked by protesters carrying signs. All, apparently, of municipal waste for air traffic controllers, employees of oil companies and public transport workers were also on strike.

The atmosphere, already strained, has become more explosive, like the Greeks to the extent of the sacrifices that are asked after 18 months of incessant budget cuts.

with Athens missing fiscal targets, auditors have made it clear that more belt-tightening is in store - a bleak outlook reinforced by Greek Finance Minister Evangelos Venizelos one day this month announced past, the inflation increased by 3.1 percent.

24:40:

Slovakia has never been so popular? More Helen Pidd, who was interviewing the locals:

just arrived in the modern building of the National Council for the Bratislava Castle - not enough space for the hordes of journalists who descended on the city from all over the world to witness first hand how the fate of the euro is in the hands of this poor ex-communist countries just over five million people.

is made repeatedly that the average pension in Slovakia is only 300 euros per month, compared with ? 1200 in Greece. A retiree of 69 years, told me to shop this morning, said he struggled to survive on 350 euros, still do not regret their Greek counterparts.

She said he was "definitely" the right decision for Slovakia to adopt the euro. "In comparison with communism, it's much better," he said. "I want my children and grandchildren have the freedom they have not." At the same time, however, she seemed to look longingly across the border in the "Bohème" - namely the Czech Republic, which has retained its own currency. "They are paid 80% more there," he said. "Czech Prime Minister was wise to anticipate the possible negative consequences of adopting the euro."

Kocisikova

Mariana, 40, a saleswoman at the cosmetics shop Dr Feelgood, it was agreed that the balance of the euro had been good for Slovakia. She said she thought that Parliament should vote through the EFSF - "Maybe one day we could be in the same situation as the Greeks and need help." But he said it was not clear to her what the Greeks did with the first tranche of money. "I think the Greeks have to learn to work harder and appreciate that they will have to sacrifice something for our help."

24:27: Italian journalist Fabrizio Goria

just Twitter:

FGoria @:. Slovak lawmakers adjourn until 14:00 local time EFSF

24:14:

This was sent by my colleague in Brussels, David Gow:

As if the threat of a block of EFSF Slovakia were not enough to worry the markets, Jean-Claude Juncker, President of the Eurogroup and Luxembourg Prime Minister veteran, speaks again of a Greek moratorium - and haircuts for private creditors (banks) of "over 60 percent" compared to voluntary cut of 21 percent agreed. José Manuel Barroso, President of the European Commission, is in turn , have professed an interest in George Osborne for the future of the euro area at face value, suggesting the UK ("including those who have their own currency") join any Greek rescue more. Oh, and reports from Athens said the "troika" of the EC, the ECB and the IMF, "the inspectors of the debt" is ready to give Greece a yellow card in its budget deficit to less than 9% this year instead of year target of 7.5%. And it will come in its report before the EU postponed October 23.

All of these have one thing in common: they come from Germany or, at least for Juncker, the German language in Austria (he spoke on state television ORF). And the Germans have the last word, of course - and talked about haircuts big lie waiting (through the Ministry of Finance Wolfgang Schäuble). Could soften public opinion before having to assume a greater share of the load if the votes EFSF against Slovakia. Germans love the drawings: Berlin hopes to really have a plan that can convince Sarko and the rest for support

11:57:.

Here is the official knowledge of the global response to a forum of speech just given the economic disaster, Nouriel Roubini, at its congress in Seoul

Speaking at the World Knowledge Forum 2011, Nouriel Roubini, an economics professor at the Stern School at New York University Business, noted several positive trends in the global economy. However, his speech became serious as noted characteristic of much higher risks in the system.

line of business was lost in translation?

Roubini follows:

my own assessment and analysis is no longer a fifty percent chance that in the advanced economies ... will not be removed. Whether you call it an economic contraction, a double-dip recession, whether you call it a continuation of the first recession, a recession in the second most important thing is that there is a slowdown, the name we want to give ... An important question is whether it will be mild or severe. The answer to this question depends on what happens in the euro area.

Need more
bazooka at least ? 2000000000000 work to avoid self-fulfilling countries illiquid but solvent. In Europe, everybody is talking about ... and no action is taken. Every two hours and another minister says something different, and sometimes the same minister who said different things on different days. There is a cacophony of opinions and confusion.

11:45: And now for the best tweets ...

interesting angle Paul Waugh, director of PoliticsHome.com.

paulwaugh: alert information. Average pension in Greece: 1200 euros. Av retirement in Slovakia: 300 euros. No wonder they do not want em rescue.
And from Business Insider.

businessinsider @:. Slovak Prime Minister has committed the ultimate act of sacrifice to save the euro

11:12
Oh, and as an aside, this piece of FTSE 100 companies and tax havens by my colleague, Felicity Lawrence is the worth reading.

11:01

now stopped teasing us a race to the White House could be on the cards, Sarah Palin returns to do what does best: talk

The former governor of Alaska was on the podium at the World Knowledge Forum in Seoul pompously entitled, where he delivered a speech on "freedom, individuality and how technology will solve the economic problems the world. "

Well - that's the organizers who launched it. In fact, Sarah Palin has been hitting back on what he likes to call "crony capitalism" - that is, only the elite, and friends of the elite can prosper

"When flowers cronyism, innovation, prosperity and freedom, because they suffer from small innovative companies are squeezed out," he said. "Only by giving the individual will of our economies to be rescued. "

All this may be true, but Palin really the right person for that time? His decision to hire old school friend Franci Havemeister as Secretary of Agriculture, after the candidate has cited her childhood love of cows as a prerequisite for the proper functioning of the agency $ 2 million, is a classic. 10:34
Meanwhile

-. The refuge of the golden age has decreased by 1% this morning that the recovery of the dollar against the euro prompted buyers to take some profits