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Athens seeks to tap state bodies' reserves

LOOKING TO PAY THE BILLS: Although the ECB on Thursday raised the level of its emergency loan assistance to Greek banks by 600 million euros to 69.4 billion euros, it was not enough to plug the hole in the government's finances.


GREECE'S government confirmed on Thursday that it may raid the country's pensions and social security system to raise money to meet its huge debt repayments.

With Athens having to find six billion euros (S$8.8 billion) in the next two weeks alone to pay its creditors, and