The euro zone finance chiefs are to meet on February 6 in discussions over the Greek situation, where ministers are expected to discuss the second bailout package for Greece, including the private sector involvement and also to discuss further reforms in Greece in addition to the financial support provided by the euro zone's taxpayers and institutions.

Finance ministers are to meet at 16:00 GMT on Monday, where the euro zone officials said that talks on the private sector involvement in the second bailout package are almost done and now the focus will be on the reforms needed by Greece to obtain the financial aid before March, when the nations should return 14.5 billion euros of maturing bonds.