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13 July 2015 Last updated at 09:00 BST
The country is struggling with huge debts and it's affecting the lives of lots of people who live there, including many children.
Newsround reporter Ricky has been to Greece's capital city, Athens, to meet children and find out how things have changed for them.
He met up with Ioanis Pavlos and Stergios and their family to hear what life is like at the moment.
Guide: Why is Greece in so much trouble?

Cardinal Tarcisio Bertone was donating the money for medical research "to make amends", said Mariella Enoc, head of the Bambino Gesu Hospital.
Cardinal Bertone said he had paid for the work on his residence himself.
However, documents leaked to reporters earlier this year allege the €200,000 came from the Bambino Gesu Foundation.
The foundation collects donations for a children's hospital in Rome.
Vatican leaks lift the lid on Pope's financial battle
Vatican reforms may be starting to bite
Ms Enoc said that the cardinal had acknowledged the affair had "damaged our hospital and our foundation... and thus he is making amends to us with a donation".
Cardinal Bertone, 81, was the Vatican's secretary of state - a role equivalent to prime minister - under Pope Benedict XVI but was replaced when Pope Francis was elected in 2013.
He has defended his use of the top-floor flat overlooking Saint Peter's Square, saying that he shares it with a community of nuns who look after him.
But apparently lavish lifestyles are at odds with the tone now set by Pope Francis, who lives in a modest suite of rooms in the Vatican's Santa Marta guest house.
Italian news agency Ansa quoted Cardinal Bertone as saying that the money he was giving was "a voluntary donation".
"It's not reimbursement, because I personally haven't done any damage," he was quoted as saying.
He said he would donate the money in instalments from his savings and from contributions for charity that had been made to him over the years.
"My life is not luxurious," he reportedly said.
Cardinal Bertone was widely criticised over the so-called "Vatileaks" scandals in 2012.
The leaked documents revealed corruption and infighting at the Vatican.
The cardinal said he had been the victim of "moles and vipers".

A blue plaque has been unveiled recognising the work of Edward "Taffy" Bowen, outside his childhood home on Stepney Lane, Cockett.
The physicist's work contributed to the development of radar technology, which aided the allies in World War Two.
He grew up in the city and graduated from Swansea University in 1930.
Mr Bowen also played a key role in developing radio astronomy in the United States and Australia.
"Edward Bowen's work in helping develop radar and radio astronomy is the stuff of legend," said Cllr Robert Francis-Davies, Swansea Council's cabinet member for enterprise, development and regeneration.
"The world we live in could be very different if it wasn't for his genius because his work helped give the Allies a crucial advantage during the Second World War."

"It's great that we are attracting players of Mandy's calibre to the club," manager Kelly Chambers said. "Mandy will add to our young squad."
Centre-back Van den Berg, 26, led her country at the 2015 World Cup in Canada and has been capped 75 times.
She played 13 times for Liverpool this season as they finished fifth in Women's Super League 1.
Greece has agreed to a new deal with the European Union to try and stop their money problems from getting any worse.
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An Italian cardinal has donated €150,000 (£109,000) to a Catholic charity which allegedly footed the bill for renovations to his luxury flat.
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A pioneering scientist from Swansea has been honoured in his home city, 75 years after his work helped to win the Battle of Britain.
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Netherlands captain Mandy van den Berg has joined Reading Women from Liverpool on a permanent deal.