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But how much safer is a Eurozone bank than an Icelandic one?

Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 7th, 2008 at 10:11:45 AM EST
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What matters is the exchange rate risk...

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Tue Oct 7th, 2008 at 10:25:50 AM EST
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