Advertisement:
Home » More » Videos » Greece Defaults on IMF Payment, British man tries to crowdfund problem

Greece Defaults on IMF Payment, British man tries to crowdfund problem

After the International Monetary Fund has confirmed that it didn’t receive the €1.6 billion payment from Greece that was due by the end of June 30, Brussels time, a British man has taken action and decided he has the answer to the countries long-running debt debacle.

Thom Feeney, a London marketing manager, decided he would do his part to solve the Greek financial crisis by asking for donations via crowdfunding site Indiegogo.

Advertisement:

He’s already raised over $230,000– about 0.01% of what Greece needs, offering postcards of Alexis Tsipras for €3 or a bottle of Greek wine for €25.

Unfortunately, the campaign ends in less than a week, and under Indiegogo rules if a project is not fully funded by the deadline, the campaign doesn’t receive the funds.

And Greece is so deep in the hole that even if the Feeny kept raising over $230,000 per day, it would take 24 years to reach the $2.1 billion goal.

Share this article

share we chat more

About Daniel Turner

Leave a Reply

Your email address will not be published. Required fields are marked *

*

Skip to toolbar