The bank, however, warned against excessive emphasis on tax increases to meet austerity targets.
ATHENS—The Bank of Greece urged the country’s left-wing government to implement bailout overhauls and privatizations agreed with the country’s lenders but warned that the emphasis on tax increases posed the biggest threat to the struggling economy.
In its annual monetary report published Wednesday, the central bank said the greatest risk to the Greek economy this year comes from an excessive emphasis on tax increases aimed at meeting .... http://www.wsj.com
