What happens to the money in your personal bank account if a country goes bankrupt?

[BlunderBus01]

Let's say you live in one of the P.I.G.S. countries of the European Union. You live and work there and have a bank account there. Over the years you save some money in your personal bank account. What happens if you wake up one morning and the nation has officially declared bankruptcy? Does anything happen to the money in your savings account? i.e. does anything change in the value of it, can it be seized by the State that has defaulted as a means to repair itself? What measures can one take to avoid this?

[society]

If the bank has insurance, and the money is insured, then it is safe. Mind you, only up to a certain amount of money is covered under such insurance policy. For example, bank might insure up to 100,000.00 and you have 500,000.00 - only 100,000.00 will guarantee to be safe.

[R1Geezer]

Believe me if this situation ever arose money would have no meaning anyway and lack of it would be least of everybody's problems.