The Crowdfunding Campaign to Save Greece Is Raising €23,000 Every Hour
But even that won't be enough
A cloudy outlook for Greece.
Photographers: Yorgos Karahalis/BloombergThis article is for subscribers only.
The Indiegogo campaign to bail out Greece by raising €1.6 billion ($1,78 billion) began just five days ago, and donations have been skyrocketing. Today the total amount raised surpassed €1.3 million, and thousands of euros are pouring in every hour.
That sounds like a lot, but the "percent funded" bar on the campaign's page has barely moved. Even if this trend continues, it's very doubtful the campaign will come close to reaching its target before Sunday's referendum vote.