Eurozone Crisis Exacerbated by Political Factors, Threatening Economic Stability.
The Eurozone crisis, triggered by Greece's financial troubles, was influenced by political factors like the transfer of monetary sovereignty to the European Central Bank. This led to economic imbalances within the Eurozone and limited countries' ability to use independent monetary and fiscal policies. Disagreements between France and Germany on economic policies, Greece's domestic politics, and negative perceptions of the EU by European citizens have made resolving the crisis challenging. The crisis highlights the need for a more unified approach to European politics.