Greek tragedy

The post title's lame, but the news isn't.

I feel bad for the cop; it isn't really his fault, but look at how he's made to scramble.

Greece is in some major shit. I would have been shocked, except it's become the norm, to be in so much shit. I'm just sad now. This ancient country being smashed by ugly modern day necessities. Ok, so that counts for almost everyone. But, still. It's Greece... Athens...unfortunately the underdog in the council of heavyweights that the Euro countries are.
I guess the "good" news is holidaying in Greece will be cheaper now. Somehow, that makes me feel worse.

How did this happen?

Is India going to be affected? Or not?