> However their debt would still be payable in Euro and the new currency would have a terrible exchange course. Ahh, I didn't realize this, but yeah, you're ri

> However their debt would still be payable in Euro and the new currency would have a terrible exchange course. Ahh, I didn't realize this, but yeah, you're right. The debt would stay in Euros... Or would it? Maybe you switch to a new currency at 1:1 (at the start, of course it drops immediately) and your debt uses the new currency too? Who knows