Europe markets wobbly on Greek uncertainty

European equities are expected to open in mixed territory Friday as uncertainty over Greece weighs on sentiment.

Greece continues to dominate market sentiment, with the prolonged reform-for-aid talks topping the agenda for finance chiefs of the Group of Seven (G7) meeting in Dresden, Germany.

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Greece's government intends to reach an agreement with its lenders on a cash-for-reforms deal by Sunday, its spokesman said on Thursday, Reuters reported, brushing off comments from euro zone officials suggesting a deal was far from imminent.

Christine Lagarde, the head of the International Monetary Fund (IMF), was quoted by the Frankfurter Allgemeine Zeitung newspaper saying that talks with Greece, which owes the IMF forthcoming debt repayments, could fail and force Greece into a debt default.

In Asia, jitters remained in the Shanghai stock market, which wavered between gains and losses all morning, following a 6.5 percent plunge in the previous session. Meanwhile, the rest of the region shrugged off a softer finish on Wall Street overnight to move higher.

The corruption scandal at FIFA will be in the spotlight Friday as the global football body holds a presidential election. Incumbent Sepp Blatter has refused to resign following the scandal and is seeking a fifth term as president, despite calls for him to stand down.