The European Commission experienced a ‘subtle disempowerment’ during the Eurozone crisis

How did the Eurozone crisis affect the balance of power between the EU’s institutions? As Eugénia da Conceição-Heldt writes, opinion has been split over whether the crisis strengthened or damaged the European Commission’s role in EU decision-making. She argues that while some authors have highlighted an apparent increase in the Commission’s responsibilities over economic governance during the crisis, the Commission actually experienced a ‘subtle disempowerment’ in relation to other institutions such as the European Central Bank.