Support Greek tech startups blocked from paying their bills

6 points by mozboz 10 years ago | 1 comment

I believe in supporting those in distress who you have some comradery or affinity with, so bringing this to the attention of anyone interested.

Greek small businesses are currently unable to make international payments, and all Greek credit cards are blocked. Therefore if e.g. your hosting bill needs imminent payment, you're in trouble.

Some Greek guys in America have a temporary solution to proxy payments from contributors outside Greece to the suppliers that Greek small business needs to keep them running.

There's a story here: http://money.cnn.com/2015/07/07/technology/greek-crisis-zerofund/index.html

You can submit financial support via prepaid cards https://docs.google.com/forms/d/1UVyiVk6N1haFIPZTkuUrlyo4EbY06rjRT70Aodnw3Bk/viewform

And the link for Greek small businesses to request help is here https://zerofund.org

The people behind it are https://twitter.com/PanosJee and https://twitter.com/jonromero

icebraining 10 years ago |

As a Portuguese, I have to wonder: if a similar situation began to loom on the horizon, what could a small company do? Could it open a foreign account and transfer some buffer money to it, or would that generally raise questions?

I know most people here won't know about the Portuguese law in specific, but I'd be interested to know what options are usually available/recommended.