European stocks slip in opening deals ahead of fresh Greek talks
London's benchmark FTSE 100 index of leading companies dipped 0.05 percent at 7,018.85 points, having breached 7,000 for the first ever time before the weekend on investor relief over Greece.
Frankfurt's DAX 30 index shed 0.45 percent to 11,984.79 points and the CAC 40 in Paris slid 0.18 percent to 5,078.25 compared with Friday's close.
The leaders of Greece and economic powerhouse Germany will meet in Berlin later Monday to discuss Athens' debt difficulties and economic reforms necessary to unlock fresh bailout cash.
Spain's economy minister Luis de Guindos turned the screw on Athens another notch Sunday by insisting that it will not receive any money until it implements all its proposed reforms.
German Chancellor Angela Merkel also insists that if Athens wants more bailout loans, of which Germany stumps up the biggest share, Greece must accept the bitter medicine of spending cuts and reforms.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.

Comments
No comment