Greece, creditors in 'observation round'

For their first Eurogroup meeting of the year, on Thursday (14 January), eurozone finance ministers will discuss the state of play of the Greek bailout, with difficult discussions in mind ahead on pension reforms and debt relief.

A first version of the pension reform was sent last week to Greece's lenders, the so-called "Quartet" comprised of the European Commission, the European Central Bank, the European Stability Mechanism and the International Monetary Fund (IMF).

The reform w...