Thanks Gadget! 
Please keep us informed on what is going on east of you across the Channel. I have heard/read three economists I follow state that the EU Central banks are on the verge of shutting the doors. Our central bank (The Fed) loaned Credit Suisse $9B last week to pull their bacon out of the fire. This act was similar to bailing out investment banks here in the USA back in 2009.
Will do.
The European economy's are going to be strained for many reasons. The energy supply issue is a prime driver.
Not overly worried about the banks having issues. Mainly due to what happened in 2008 - 2009. The globe runs on fiat currency. So governments can just let some fail and save others as needed. Not long after the 2008 debacle. Investment banks started to create other forms of risky futures products to replace the ones that failed. No lessons learned.
One thing that needs to be remembered. Is that the UK, Europe and the EU particularly are better placed than the US on these things. The laws over this way allow for governments to nationalise failing institutions at the drop of a hat. That makes a big difference when things go wrong.
The UK did that with a bunch of the banks during the crash. Instead of a here is free money bailout. They injected fiat currency and told the bank "we now own x percentage of your institution." Then, here is the good part. The bank had to pay the injection back to regain that percentage of control back.
That's an overly simplistic version of explanation.
If you get time take a look what the EU did to Greece. The Greek banking system was run so bad. The EU held them to ransom on bailouts. Basically "fix the root issues and we will help". No free money.
