Someone Is Trying to Crowdfund a Greek Bailout, and Donations Are Surging
Only 1,599,917,718 euros to go.
Crowdfunding instead of creditor-fighting.
Kostas Tsironis/BloombergThis article is for subscribers only.
A new campaign has been set up on Indiegogo, an online funding website with a mission of "empowering everyone to change the world." With a goal of raising 1.6 billion euros, the "Greek Bailout Fund" aims to do what the Hellenic Republic's creditors apparently cannot.
And, unlike Greece's actual bailout package there are no (austerity) strings attached.