Indiegogo Greece

Indiegogo Greek debt crowdfunding campaign crosses €500k mark


By John Glenday, Reporter

July 1, 2015 | 2 min read

An ambitious online campaign to raise $1.6bn to service Greece’s IMF debt has reached €573,430 in just two days, after receiving the support of over 35,000 individuals.

Cash is being solicited to prevent the Mediterranean state from suffering the ignominious fate of becoming the first developed country in history to default on its debt. The eye watering sum had been due to be handed over last night but cash strapped Greece could not afford to pay, prompting one Londoner to launch the crowdfunding drive.

Encouraging fellow Europeans to step up to the plate and cough up Thom Feeney wrote: “It might seem like a lot but it's only just over €3 from each European. That's about the same as half a pint in London. Or everyone in the EU just having a feta and olive salad for lunch.

“I'm not just making a statement, this is a real attempt to do something. But at the very least it's important to raise the issue of the plight of the Greek people at this time."

Supporters are being encouraged to contribute as many euros as they can to the cause, with those donating €3 receiving a postcard from Greek prime minister Alex Tsipras, whilst €6 will net you a feta and olive salad and €10 a bottle of Ouzo.

So popular has the Indiegogo page become that the site crashed last night under the weight of numbers.

Indiegogo Greece

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