Albion have an option to sign him permanently in the summer, or extend his loan for a further six months and possibly sign him next January.
Of the club's two players who could play at right-back, Nicky Southall is cup-tied having already played for Dover in the FA Cup and Sean Clohessy has agreed to extend his loan spell at Blue Square Premier side Salisbury City.
Watson, though, has been a key player for QPR since captain Martin Rowlands was ruled out for the rest of the season with a knee injury so the London club will be keen to extend his loan deal until the summer.
But the chairman of the Eurogroup of eurozone finance ministers, Jeroen Dijsselbloem, told the European parliament that Moscow had indicated it was not willing to extend "another loan or an investment in the banks", Reuters news agency reported.
"It was essential that we acquired this 20 acre site to extend operations and the loan from the Welsh government was absolutely vital, " said Welsh Slate's managing director Chris Allwood.
Bair has proposed giving homeowners who are 60 days late on their mortgage a chance to reduce high interest rates and extend the length of the loan if they qualify.
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Now it is conceivable that creditors would see such pressure to extend the maturity of a loan as a de facto default, even if the rollover were not mandatory: it would be a demonstration that the eurozone and IMF weren't prepared to provide all the liquidity needed by Greece.
Media reports have suggested that ministers could extend a short-term 150m euros loan to Alitalia while they examine the case for further funding to tide the airline over for a year.
However, in order to extend all bank debt maturities and achieve enhanced loan covenant relief they first required 100% consent from all lenders.
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These include bond-for-loan takeouts, amend-to-extend exercises, and loans to refinance shorter-dated loans.
The Cyprus savings account tax measure was apparently not discussed with Russia, which has a major loan out to the island nation in which Cyprus is trying to extend.
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The striker's loan spell finishes on Wednesday and he made it clear he wanted to extend his stay.
The conservatorship places restrictions on how fast Fannie and Freddie's loan book can expand but not on the pace at which they can extend guarantees.
Generous loan covenants give managers more flexibility to work through their debt, and lenders are keen to extend the duration of loans rather than call them in and face more write-downs.
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