Vicky Pryce
Media playback is unsupported on your device
Video

Greekonomics: Budget target extension is 'good news'

Author of 'Greekonomics' Vicky Pryce says the decision by Euro ministers to give Greece two more years to meet its deficit-reduction targets is "really good news,".

Speaking to the BBC she explained it will also mean that, "Greece will need to be financed for slightly longer".