Greece's economic problems matter, not just to heads of governments, but also to private individuals. People across Europe, not just the Greeks, may well have to work longer before they can retire, economists warn. It may lead to higher tax bills and higher interests if Europe decides to rescue Greece to deal with its mounting public and foreign debts and economic recovery will slow down for everybody. And if the IMF gets involved the same will be true for people in North America as well.
See analysis below: