Then there is the issue of business contracts. What if a German company has agreed to lease trucks to a Spanish haulier for 10 years? The contract would have been denominated in euros, but if it stays in euros how can the Spanish haulage company afford to pay? All its local customers are now paying in devalued New Pesos. If alternatively the contract is converted to Pesos, the haulier is fine, but how can the German company repay the bank that financed the manufacture of the vehicles? Most businesses would come to a compromise and share the pain, but what if they couldn’t agree, what should the law be?