European stocks slip in opening deals ahead of fresh Greek talks

GMT 10:42 2015 Monday ,23 March

Arab Today, arab today European stocks slip in opening deals ahead of fresh Greek talks

European stocks
London - AFP

Europe's main stock markets nudged lower at the start of trade on Monday ahead of more talks aimed at solving Greece's debt crisis.
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.


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