Advertisement
UK markets closed

  • FTSE 100

    8,203.93
    -37.33 (-0.45%)
     

  • FTSE 250

    20,786.65
    +176.31 (+0.86%)
     

  • AIM

    774.39
    +4.97 (+0.65%)
     

  • GBP/EUR

    1.1822
    +0.0023 (+0.20%)
     

  • GBP/USD

    1.2799
    +0.0038 (+0.30%)
     

  • Bitcoin GBP

    44,312.76
    -1,124.14 (-2.47%)
     

  • CMC Crypto 200

    1,171.72
    -36.98 (-3.06%)
     

  • S&P 500

    5,558.30
    +21.28 (+0.38%)
     

  • DOW

    39,267.53
    -40.47 (-0.10%)
     

  • CRUDE OIL

    83.92
    +0.04 (+0.05%)
     

  • GOLD FUTURES

    2,397.50
    +28.10 (+1.19%)
     

  • NIKKEI 225

    40,912.37
    -1.28 (-0.00%)
     

  • HANG SENG

    17,799.61
    -228.67 (-1.27%)
     

  • DAX

    18,475.45
    +24.97 (+0.14%)
     

  • CAC 40

    7,675.62
    -20.16 (-0.26%)
     
Money:

What the new Labour government means for your money

Now that the dust has settled on the election we can take stock of what a Labour win will mean for your finances

Paying off Greece's debt - via crowd-funding

Reuters
People line up at an ATM outside a closed Piraeus Bank branch, after the Greek government imposed capital controls at the country's banks in Athens, Greece June 30, 2015. REUTERS/Alkis Konstantinidis

LONDON (Reuters) - Help is at hand for the indebted Greek people: a bailout fund has been set up for them on crowd-funding website Indiegogo.

The campaign goal is to raise 1.6 billion euros ($1.8 billion), the same amount Greece was expected to fail to pay the International Monetary Fund on Tuesday. By mid-afternoon, 120,302 euros had been pledged by 7,550 funders.

As with most crowd-funding campaigns, there are gifts for those who pledge. Pledge 3 euros and get a postcard sent from Greece of Prime Minister Alexis Tsipras. Pledge 6 euros and get a feta and olive salad, 10 euros to get a small bottle of ouzo and 25 euros to get a bottle of Greek wine.

The campaign insists it is not a joke.

ADVERTISEMENT

"I was fed up of the Greek crisis going round in circles, while politicians are dithering, this is affecting real people," campaign organiser Thom Feeney writes on the site.

(Reporting by Jeremy Gaunt; Editing by Mark Trevelyan)