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, the same amount Greece was expected to fail to pay the International Monetary Fund today. By 4pm, €144,770 euros had been pledged by 9,280 funders.

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

The campaign insists it is not a joke.

"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.

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