Skip to content
Subscriber Only
Business

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.

Crowdfunding instead of creditor-fighting.

Kostas Tsironis/Bloomberg
By

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.