In some European countries which are not in the Eurozone, SocGen banks are calling credit holders who have their credit denominated in the Euro currency. They are asking them to convert the credit to the local currency of their country, and they are quite desperate to do so, even openly saying "don't worry about the paperwork, we'll sort it out" - while many such countries usually demand a very large volume of paperwork for this to happen. This seems to me like they are betting the Euro will crash and those paying off credit in this currency will stand to end up having cheaper credit if the Euro devalues, while the bank will loose. This isn't a real news story as I couldn't find any reports, but I have heard from a few business and personal friends that this is happening in the past week. Does SocGen know something we don't or is something else the reason for these solicitations?