I would like to hear members thoughts on what the practical outcome might be for Euro deposits held outside of the EU if the Euro system were to collapse or its stronger members, such as Germany, were to pull out. To be clear, i'm not asking whether you think the Euro will collapse or not, just the outcome for external Euro holders if it did. Presumably Euro deposits held inside EU countries would simply either revert back to the national currency or into ânewâ Euro blocks (stronger northern block/ weaker southern block). But holders of Euros held outside of the EU would be concerned that their Euros retain their value and are based on the stronger northern block members, such as Germany rather than the weaker southern block members such as Greece. Many billions of Euros are held outside of the EU by corporations and investors etc. So, if an announcement were made by Germany that it was about to leave the Euro, or form a separate block with other stronger members, surely there would be a chaotic scrambling of currency transactions by external Euro holders, with the currencies of the stronger block rising and the weaker block falling. Is there some mechanism in place for dealing with such an event and is there anything that external Euro holders can do to pre-empt such an event to ensure that their Euros would retain their value by being based on or tied to the German currency? Thoughts anyone?