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- European stocks close: stocks closed lower as concerns over Greece weighed on markets
European stocks close: stocks closed lower as concerns over Greece weighed on markets
Stock indices traded lower as concerns over Greece weighed on markets. Greek Prime Minister Alexis Tsipras said on Sunday that the government will renegotiate austerity measures and a bailout programme.
Standard and Poor's has downgraded Greece's rating late Friday.
The Sentix investor confidence index for the Eurozone rose to 12.4 in February from 0.9 in January, exceeding expectations for an increase to 3.4.That was the highest level since February 2006.
The index benefited from a weaker euro and lower oil prices.
Germany's trade surplus widened to €21.8 billion in December from €17.9 billion in November, exceeding expectations for a rise to €18.2 billion. November's figure was revised up from a surplus of €17.7 billion.
The Bank of England Governor Mark Carney said in Istanbul on Monday that wage growth just started in the U.K.
Indexes on the close:
Name Price Change Change %
FTSE 100 6,837.15 -16.29 -0.24%
DAX 10,663.51 -182.88 -1.69%
CAC 40 4,651.08 -39.95 -0.85%
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