You can add into that that Italy, Spain and France are in the too big to fail category. If they do down (Italy leading the change over the cliff edge), it's also bye, bye euro and bye, bye the EU in it's present form. The room for tin can kicking for the EU is steadily reducing - and the time at which it will face an existential crisis is fast approaching.
Good job we're out as the EU is sure to try and throw massive amounts of money at the problem to stave off disaster. We're going to escape that particular begging bowl.
I believe Spain has gone for the money and is spending as I type.