Are accounts insured in BTC or EUR? It seems to me that closing the bank (and let's face it, that does happen in the real world from time to time) could cause a run on BTC since the supply is so limited compared to traditional currencies. If all accounts are actually insured in EUR, on the other hand, BTC deposits are either not covered or are treated as equivalent to EUR via an exchange rate, which implies actual equivalence.
Only Euro deposits are insured. It's like a trading account for stocks. You cash is safe, but if your investments in stocks loose value then that's your problem.
