Greece's economy has hit the bottom because of its financial crisis. Despite its several attempts to ask/borrow money for assistance from its allies, it failed. However, an organization lent it financial assistance despite its incapability to return the money. Which organization do you think helped Greece? And why did they do that thinking greece cannot pay it back very quickly?

The IMF (International Monetary Fund) helped Greece in conjunction with the Council of European Union.

The purpose of this financial assistance is to ensure that Greece does not default on its international financial obligations.  As at today, Greece has rescheduled debts up to 2060.  This shows the heavy indebtedness of the Greek nation.

Explanation:

Greece's financial troubles erupted in 2008, following the 2008 Global Financial Crisis, as well as the European Debt Crisis of the same year.  These two financial crises hit Greece harder than many other countries in Europe because it was highly leveraged.  It relied too much on borrowed funds to finance its spendings.  Its situation was exacerbated when lenders increased the interest rates they charged as a result of the 2008 financial crisis.

this can !    

- jack watson