Uncertainty in Europe's financial markets has seen London stock markets fall by 4-5%. Yesterday German Chancellor Angela Merkel (left) appeared to come out and give an unlimited guarantee for private savings -  Later a spokesman said this was not the case and had instead given only a "political commitment" that savers would not lose deposits.

Germany
Germany have increased to 50bn euro ($68bn; £38.7bn) the bail-out of Hypo Real Estate, the country's second-biggest commercial property lender, this has alarmed investors.

Iceland
Shares in Iceland's top six banks have been suspended. They are selling foreign investments and bringing the money back to Iceland.
Iceland's currency last week plummeted 20% against the dollar and the government was forced to bail out the country's third-largest bank, Glitnir

Benilux
Benelux bank Fortis shares too have been suspended, BNP Paribas have taken a controlling interest in the troubled finance group under an emergency deal with the Belgian and Luxembourg governments.

France & Spain
In France and Spain political leaders are meeting with bankers to discuss the crisis.

Denmark & Sweden
Denmark had  moved to offer full protection to savers, while Sweden massively increased the level of protection it offers.