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- European stock markets mid session: stocks traded lower on the Greek debt crisis
European stock markets mid session: stocks traded lower on the Greek debt crisis
Stock indices traded lower on the Greek debt crisis. Friday's Eurogroup meeting ended without any results as widely expected. Discussions between the Greek government and its creditors will continue at the next Eurogroup meeting on May 11.
The head of the Eurogroup Jeroen Dijsselbloem rejected the idea of a "Plan B" for Greece if the debt talks are not successful.
The idea was raised by ministers from Slovenia, Slovakia and Lithuania at the Eurogroup's meeting on Friday.
The Prime Minister Alexis Tsipras held phone calls with German Chancellor Angela Merkel and Dijsselbloem on Sunday to discuss speeding up the negotiations. According to the Greek government, Greece will resume talks with its creditors today.
German Finance Minister Wolfgang Schaeuble hinted on Saturday that Germany was preparing for a possible Greek default.
Current figures:
Name Price Change Change %
FTSE 100 7,049.51 -21.19 -0.30 %
DAX 11,785.1 -25.75 -0.22 %
CAC 40 5,154.25 -47.20 -0.91 %
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