How did Greece get into such a financial problem?

We visited Greece in 2010 And while in Athens, (one of our 5 Greek Cities visited) I saw tons of graffitti, but the question is, how did Greece, a country of less than 12 million population end up owing so much money?

I mean, Mexico, (as an example) with a population of 112 million, has its books in semi order. But they earn nearly 1/2 of Greek wages. But Mexico is not in financial trouble as Greece.

How Did the great country of Greece get into such a mess?

Update:

I love Greece, I wish them the best, It hurts me to see them have to sell ancient archeological sites and lands. The Greeks (ancient) They are our model of law and order.

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