This thesis examines the impact of the Global Financial Crisis that began in 2007, focusing on its effects on the economies of the Eurozone countries. Concentrating on the period from 2007 to 2008, the study explores key economic indicators such as Gross Domestic Product (GDP), unemployment rate, budget deficit, and national debt to assess the depth and breadth of the crisis's impact on Eurozone members. Besides quantitative analysis of economic consequences, the thesis also considers the social aspects of the crisis, including its impact on different demographic groups and the responses of international institutions and national authorities to the crisis. Through detailed analysis, the thesis reveals how structural weaknesses and imbalances within the Eurozone contributed to the severity and duration of the crisis effects in the region, particularly in countries with high levels of debt and deficits. It also investigates the role of the European Union and the International Monetary Fund in providing financial support and policy guidelines to member states affected by the crisis, as well as the effectiveness of the implemented recovery measures. The results of the thesis highlight the importance of coordinated responses and reforms in financial regulation and supervision, as well as the need to strengthen economic and fiscal coordination within the Eurozone to reduce vulnerability to future financial shocks. This work provides significant insights into the dynamics of financial crises and their aftermath, offering valuable insights and recommendations for economic and political actors in the Eurozone and beyond.