The article discusses potential problems in the Eurozone due to a lack of coordination between monetary policy and reforms, leading to economic imbalances. Loose monetary conditions can cause housing market bubbles, which, when they burst, can lead to economic instability. Risks for the Eurozone are increasing due to divergences within the Euro area, particularly between countries like Germany and Italy. Small countries in the Eurozone are performing better than larger ones, showing that better policies can make a significant difference.