Cash-strapped Greece is planning to resort to drastic measures to stay afloat, as the country's bail-out drama moves to Washington today. 

Finance minister Yanis Varoufakis is due to drum up support for his debt-stricken nation when he meets with President Obama at the White House later today. 

The meeting with the world's most powerful leader comes as a desperate Athens could raid the country's pensions funds in order to continue paying out its social security bill.

Greece's deputy finance minister Dimitris Mardas hinted that state-owned enterprises may have to transfer their cash balances to the Bank of Greece if the state was to avoid going bankrupt. 

The government has long protested it will run out of funds to continue paying out a €1.7bn monthly wage and pension bill if a release of cash is not arranged in the next few days. 

With their coffers running dry, Greek officials reportedly made an informal request to delay loan repayments to the International Monetary Fund, but were rebuffed, according to reports in the Financial Times,