Economics Eurozone Crisis Questions
The European Parliament plays a crucial role in managing the Eurozone Crisis by providing democratic oversight and decision-making power. It has the authority to approve or reject legislative proposals related to economic and financial matters within the Eurozone. Additionally, the Parliament holds regular debates and hearings to discuss the crisis and its impact on member states. It also has the power to question and hold accountable key decision-makers, such as the European Commission and the European Central Bank, ensuring transparency and accountability in crisis management.