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  • Doomed Indiegogo campaign hopes to crowdfund Greece's debt relief

    by 
    Daniel Cooper
    Daniel Cooper
    06.30.2015

    Can crowdfunding do something better than make a beer cooler with a built-in Bluetooth speaker? That's what Thom Feeney believes after setting up an Indiegogo campaign to pay Greece's $1.7 billion loan fee that it owes to the International Monetary Fund. The project is hoping to raise the cash by encouraging all of Europe's 503 million citizens to kick in a few bucks for a postcard, a Greek salad or vouchers for a bottle of Ouzo. The page has been up for just over two days and already the figure stands at €200,000 ($223,000), although that's still less than a tenth of a percent towards the final figure.