British shoe seller tries to crowdfund Greek bailout

London

GREECE was on the edge of a deadline to pay 1.5 billion euros (S$2.2 billion) back to the International Monetary Fund, and a crowdfunding campaign called Greek Bailout Fund wanted to help.

The campaign, set up on the fundraising website Indiegogo, had raised more than 487,000 euros by early Wednesday - not an insignificant amount of money, but also not even one per cent of the campaign's goal, with six days to go.