A Busy Week For Eurozone Finance Ministers And Central Bankers

The eurozone is under the microscope again this week as the European Central Bank's policy meeting is scheduled for Wednesday and the International Monetary Fund is holding its spring meeting in Washington.

Investors will be closely watching any comments made by finance ministers and central bankers this week for a better picture of the eurozone's economic health and an indication as to how debt negotiations with Greece are progressing.

ECB Meeting

The European Central Bank meeting this week isn't expected to yield any monetary policy changes, but markets will be interested in bank president Mario Draghi's rhetoric following the meeting for a clue on how long the bank's quantitative easing program is set to last.

Most are expecting him to tout the success of the bank's bond buying plan, but also reassure investors that the improving data doesn't signal an early end to the program.

As usual, Greece will also be also a hot topic, with investors wondering whether or not Athens will agree to the reforms demanded by its creditors before more of its loan payments come due this week.

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Following Wednesday's policy meeting, Draghi could announce whether or not the ECB is going to extend emergency liquidity to Greek banks in order to keep them afloat.

IMF Meeting

The International Monetary Fund meeting is expected to yield details about quite a few economic worries as finance ministers and central bankers from the Group of 20 meet to discuss the health of the global economy.

Greece is likely to be the main focus of eurozone ministers' time as the nation's debt problems are making a Grexit increasingly likely.

Also at issue will be the eurozone's recovery and whether or not the ECB's QE is doing enough to push the economy toward long-term stability.