Bloomberg: Europe agreed to grace Greece two years to reach the deficit and debt targets

European governments agreed to grace Greece two years to complete the deficit target, and will seek to fill the resulting financing gap, in order to ensure that Greece still remain to prevent further deterioration of the debt crisis in the euro zone. Monday of euro zone finance ministers' meeting agreed to grace Greece in 2016 to reduce the deficit target of 2% of GNP, but the countries in the next week to decide how to fill a funding gap of up to 32.6 billion euros resulting. This is three years after the outbreak of the debt crisis in Greece, Europe once again make a compromise, led by Germany, the creditors agreed to continue to inject liquidity to Greece and not allow a Greek default to lead Greece out of the euro zone to cause the situation to further confusion. Eurogroup Chairman Juncker told reporters that extend the last date to Greece's deficit reduction "would be an appropriate adjustment to further fiscal consolidation in the future". He said the parties are currently looking for "the right approach" to cover the deficit, but which does not include the official sector holdings of Greek debt written down. However, the euro zone finance ministers' meeting did not discuss how to increase member states funded affordable conditions, increase financial support for Greece, Greece's main creditors Germany will hold a general election in 2013 will become a source of relief funds in Greece troubled by the problem of Chancellor Angela Merkel.