What’s Up With Greece?(Part-1)

Recently, a lot about Greece crisis, Greece bailout, Greece Referendum has been flooding the news headlines. So when I went to meet my friend at our 'adda' or I would say our favourite coffee shop she popped up with this question "What’s up with Greece?" a moment after she read on her cell phone 'Greeks overwhelmingly vote ‘no’ in rejection of austerity’ while surfing through the news. To which I replied "A lot much lately".

"Could you elaborate?" she asked. So, I began.