WORLD_ GREECE_ $1.8-billion Indiegogo campaign rushes to Greece's rescue

USA TODAY

$1.8-billion Indiegogo campaign rushes to Greece's rescue

Marco della Cava, USA TODAY
3:03 p.m. EDT June 30, 2015

Photo: London marketing manager Thom Feeney has started an Indiegogo campaign aimed at helping Greece make good on its latest $1.8 million loan payment.(Photo: Niklas Halle'n, AFP/Getty Images)

SAN FRANCISCO - As Greece's deadline for making a $1.8 billion payment on its ballooning debt nears, some good samaritans are ponying up cash to help the financially strapped Mediterranean nation.

An Indiegogo campaign started by London shoe shop marketing manager Thom Feeney has so far collected around $300,000 from 1,700 people. While Feeney is offering a range of awards for donations, he's mainly appealing to Europeans' sense of solidarity with a struggling neighbor.

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"All this dithering over Greece is getting boring," Feeney, 29, writes on the campaign's page. "European ministers flexing their muscles and posturing over whether they can help the Greek people of (sic) not. Why don't we the people just sort it instead? The EU is home to 503 million people, if we all just chip in a few Euro then we can get Greece sorted and hopefully get them back on track soon. Easy."

And what do you get for your Indiegogo pledge? Around $5 gets you a postcard sent from Greece of prime minister Alex Tsipras, $10 brings some greek feta and olive salad, $13 a bottle of ouzo and $30 a bottle of wine.

Greece has borrowed $270 billion from various European agencies and the International Monetary Fund, and will go into default if it doesn't make its latest payment by midnight tonight Athens time (6 p.m. ET). Late Tuesday, Greek lawmakers made a request for a third, two-year bailout from the eurozone's European Stability Mechanism.

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