Stock indices closed mixed despite news that the German parliament voted for negotiations on the Greek bailout programme.
International Monetary Fund (IMF) Managing Director Christine Lagarde said in an interview with French radio station Europe1 on Friday that the IMF will participate in the third Greek bailout programme it includes debt restructuring and government reforms.
She added that Greece needs a debt relief that could be a significant extension of loan maturities, stretching of repayment schedules, and reducing interests charged.
Eurozone finance ministers agreed on Thursday to provide a third bailout programme to Greece.
European Commission Vice President Valdis Dombrovskis said on Friday that he hoped that a new Greek bailout programme could be reached within a few weeks. He added that talks will include debt restructuring.
Indexes on the close:
Name Price Change Change %
FTSE 100 6,775.08 -21.37 -0.31 %
DAX 11,673.42 -43.34 -0.37 %
CAC 40 5,124.39 2.89 0.06 %