Could crowdfunding succeed where others have failed to save the Greek economy? For 6 euros, you can help – and also get a Greek feta and olive salad
Everyone is talking about the Greek debt crisis, but is anyone actually doing anything about it?
Now, one 29-year-old shoe shop employee in London has launched an Indiegogo campaign to bail out the Greek economy. The goal? 1.6 billion euros.
“All this dithering over Greece is getting boring,” writes Thom Feeney. “European ministers flexing their muscles over whether they can help the Greek people or not. Why don’t we the people just sort it instead?”
Feeney calculates that the European Union is home to 503 million people. If every European chips in a little more that 3 euros, that will be sufficient to save the Greek economy temporarily.
It goes without saying that there is a a selection of perks offered on the Indiegogo campaign page, which is called the Greek Bailout Fund. For 3 euros + shipping, you can get a postcard of Greek Prime Minister Alex Tsipras mailed to you from Greece. For 6 euros, you can get a Greek feta and olive salad delivered to you. For 10 euros, you get a bottle of Ouzo, and for 25 euros, you get a bottle of Greek wine. Five thousand euros will snag you a luxurious Greek holiday for two.
At one point, Feeney was offering a Greek island on sale for the entire 1.6 billion euro goal. After all, Greece has 6,000 islands, only 229 of which are inhabited.
“I thought that Mr. Tsipras would happily accept that but IndieGoGo emailed me to say that as the Greek government had not officially agreed to this, I wasn’t allowed to offer it. A Greek lady emailed to say that she found the perk offensive, which I apologized profusely for, I certainly didn’t mean offense.”
Feeney further said that the crowdfunding campaign is not a joke.
“Crowdfunding can really help because it’s just a case of getting on and doing it. I was fed up of the Greek crisis going round in circles.”
It temporarily shut down Indiegogo
The campaign has sparked so much interest that it actually shut down Indiegogo on Tuesday. Here is Indiegogo’s tweet to its followers:
We’re experiencing connectivity issues due to overwhelming worldwide interest in the @GreekBailout campaign. Thanks for your patience.
— Indiegogo (@Indiegogo) June 30, 2015
So far, the campaign has raised more than 580,000 euros from 35,000 people and counting. Not bad at all, but less than 1 percent of the 1.6 billion goal. Feeney says if he doesn’t reach the goal, all the money will be refunded.