Most stock indices traded lower on the Greek debt crisis. The Eurogroup meeting is scheduled to be today. It is unlikely that the €7.2 billion tranche of loans will be unlocked at this meeting because there are still differences despite the progress of negotiations.
Greece must repay the IMF €750 million loan on May 12. Athens said that it has enough money to pay the IMF this week.
German finance minister Wolfgang Schaeuble warned over the weekend that Greece can slide into insolvency.
Name Price Change Change %
FTSE 100 7,063.99 17.17 0.2 %
DAX 11,646.11 -63.62 -0.5 %
CAC 40 5,016.06 -74.33 -1.5 %