Briton launches crowd-funding programme over Greece crisis

A British man has launched an online crowd-funding programme to help mitigate Greece's debt crisis, media reported.

Thom Feeney, 29, on Monday launched the programme titled "Greek Bailout Fund" on Indiegogo.com, a US based global fundraising website, with the goal of collecting 1.6 billion euros ($1.79 billion) over a period of seven days, the Mirror Online reported.

Greece's bailout plan expires on Tuesday, the same day it faces a deadline to repay 1.6 billion euros to the International Monetary Fund (IMF). A referendum has been called on July 5 which is a result of the creditors offering joint proposals to the Greek side last week, which Athens rejected and termed as humiliating.

According to Feeney, if each person in the European Union (EU), home to 503 million people, donates three euros, the Greece debt crisis would be solved.

"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?" a statement on the website said.

Helpful donors will also get a gift from Greece: pledge three euros and get a postcard of Greek Prime Minister Alexis Tsipras, pledge six euros and get a Greek feta and olive salad home delivered, pledge 10 euros and get a small bottle of classic Greek drink "Ouzo" and pledge 25 euros to receive a bottle of Greek wine.

Around 30,601 euros have been raised by 2,082 people since its launch on Monday.

If the goal of 1.6 billion euros is not reached in seven days, all the money will be refunded.