How did the Eurozone Crisis affect economic growth in affected countries?

How did the Eurozone Crisis affect economic growth in affected countries?

The Eurozone Crisis had a significant negative impact on economic growth in the affected countries. The crisis led to a contraction in GDP, high levels of unemployment, and a decline in investment and consumer spending. Austerity measures implemented to address the crisis further exacerbated the economic downturn. Additionally, the crisis created uncertainty and reduced investor confidence, leading to reduced foreign direct investment and capital outflows. Overall, the Eurozone Crisis resulted in a prolonged period of economic stagnation and hindered the recovery of affected countries.