In Europe, Panics Past Still Ache.

''I haven't forgotten history,'' says Gert Heinz, a tax adviser in Munich. ''If you depend on paper money you can lose everything. We've learned that the hard way after two world wars.'' So when Chancellor Angela Merkel went on television recently to tell Germans that their bank accounts were safe, Mr. Heinz, who at 68 still remembers the rows of canned food that his mother hoarded in the attic, decided he would rather be safe than sorry. [ABSTRACT FROM PUBLISHER]