UPDATE: Greece's economy is still careening toward calamity, but as The Switch reported yesterday, help is on the way.

The Indiegogo page set up to raise funds for a bailout is experiencing technical difficulties because of "astonishing popularity." Take a look:


At last glance, the campaign raised 407,305 euros or $453,737, which is a long way off from the $1.8 billion Greece needs, but still inordinately impressive.

Original story: Greece is a day away from defaulting on a $1.8 billion debt that has the potential to plunge the Euro zone into economic paralysis, but have no fear; you (yes, you!) can help save the land of Ouzo and feta with this crowdfunding campaign.


That's right, an Indiegogo page is trying to raise 1.6 billion euros, or $1.8 billion, to save Greece, which will vote in a national referendum Sunday to accept or reject steep austerity measures to keep the country financially solvent.

But the founder of the crowdfunding page is hoping things don't get that far. Here's an excerpt from the site:

All this dithering over Greece is getting boring. European ministers flexing their muscles and posturing over whether they can help the Greek people of not. Why don't we the people just sort it instead?

The European Union 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.

As of 3:05 p.m., the campaign had only raised 1,499 euros, or $1,685.

And, the London-based fundraiser is also offering donors a plethora of Greek food in return for donations:

Pledge €3 and get a postcard sent from Greece of Alex Tsipras, the Greek Prime Minister. We'll get them made and posted in Greece and give a boost to some local printers and post offices.

Pledge €6 and get a Greek Feta and Olive salad

Pledge €10 and get a small bottle of Ouzo sent to you

Pledge €25 and get a bottle of Greek wine

Alas, our valiant fundraiser admits there still might be little hope for the Greek isles under a section labeled, "Is that really all it would take?"

OK, it might be a short while for the cash to get fully into the Greek economy, but hell - what is there to lose? Another Tesco Meal deal? Ah well.

You get some tasty Greek things.

We promise that all profits will go to the Greek people and all products will be 100% Greek.

Oh boy.

Track the campaign's progress here:

You can also find this effort on Twitter: @GreekBailout.