Here is a good article with all the links dealing with the on-going bank collapses in Europe. For example, the sixth largest bank in Spain, Banco Popular, failed in early June this year, with emergency funds being offered, which were burnt through in a mere two days. A sale was eventually arranged by frantic EU regulators to Santander, which held off the evil day of financial reckoning for a time. Other Spanish banks are facing similar vulnerabilities, such as Liberbank.
Spain is just the beginning. The Italian financial system is unhealthy, showing that all of that pasta and high carb food, really is not that good for you. That site is primarily a financial one, but it has this interesting observation about the ultimate breakup of that artificial construct, Italy: