What is GREECE DEBT FREE?
GREECE DEBT FREE is two organizations, but one movement. GREECE DEBT FREE Inc. (USA) is a 501(c)(3) non-profit and GREECE DEBT FREE /ΕΛΛΑΔΑ ΧΩΡΙΣ ΧΡΕΟΣ is a Greek non-profit. Each organization has similar goals, ethics and work solely to the benefit of the Greek people. Both GDF entities are non-profit, non-governmental and non-political organizations, designed to help individuals and companies take action toward reducing Greek national debt to sustainable levels.
What GREECE DEBT FREE does?
GREECE DEBT FREE accepts donations for the purpose of buying Greek government bonds in international markets at prices much lower than the amount owed by the Greek government. GDF will then help reduce the debt through the cancellation of these bonds, helping to reduce the Greek national debt to sustainable levels. GDF Value Banners are also issued to people and corporations in recognition of donations already made.
The founding principles of GREECE DEBT FREE are encoded in the bylaws of both entities, which exclude us from political influence and exclude politicians from holding any position within the organizations. GDF has no employees, is run by volunteers and concerned patriots, and its operating expenses are negligible. What GDF does is simple and automatic and written in our bylaws.
GREECE DEBT FREE is designed to help individuals and companies take action toward reducing Greek national debt to sustainable levels. GDF strives to be a transparent platform for a citizen led purchase and cancellation of Greek national debt. GDF empowers citizens, allowing all to participate in a democratic and collective solution to the crisis. GDF is a platform for people to affect positive economic change in a very smart way.