Bank of Greece governor to urge government not to impose new taxes

Bank of Greece Governor Giorgos Provopoulos is to urge the government to seek alternative revenue raising measures and not to impose more taxes on cash-strapped Greek households, sources suggested on Tuesday.

Provopoulos is due to submit a report to Parliament on Tuesday in which he is expected to suggest alternative revenue-raising measures that focus mainly on clamping down on tax evasion and on structural reforms aimed at boosting the economy.

The report to be presented by head of Greece’s central bank is also expected to assure the House that all bank deposits are safe and will not have to undergo a haircut as the country’s lenders have achieved capital adequacy.

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