Does national politics enter into it?

extender_2

I'm just wondering whether, when push comes to shove and there is very little money for the national governments to divi out in compensation, they might be under pressure from their own populations to favour nationals.
I understand that some overseas banks are guaranteed under the UK FSCS scheme, but not all, I believe.
For instance if you put your money in a German or Irish bank, would they be happy to go on and on printing money ( and presumably stoking up their inflation) in order to compensate foreigners??
I think I heard that Icesave was part of the UK scheme luckily?
If it hadn't been, and with 300,000 investors in the UK alone, and an Icelandic population of 300,000...talk of quarts and pint pots.