Europe mixed as Greece weighs on sentiment

European equities are expected to open mixed on Tuesday as Greek debt talks continue to weigh on market sentiment.

Greek Prime Minister Alexis Tsipras said on Monday his government was ready to implement a deal struck with euro zone lenders in February but would not do it at any cost, Reuters reported.

Speaking to parliament, Tsipras said: "It is true that we are seeking an honest compromise with our lenders but don't expect an unconditional agreement from us."

Greece sent a list of reforms Friday, but a euro zone official said the list was more like a collection of ideas than something that could be presented to the Eurogroup of finance ministers. The country is due to run out of money in around three weeks' time.

In other news, consumer confidence hit a 12-year high in the U.K. in March, according to economic polling company GfK, who said the data could boost U.K. Prime Minister David Cameron's chances of re-election at a general election on May 7.

In Asia, equities were buoyant on Tuesday, tracking a more than 1 percent jump on Wall Street overnight after Beijing unleashed new policy moves to rejuvenate a wobbly property market.

According to a statement on the People's Bank of China's website, the required down payment for second homes was lowered to 40 percent from 60 percent. In addition, select homeowners who have held a property for two years or more will be exempted from a sales tax, the finance ministry later announced.

Data releases Tuesday include euro zone inflation for March and the February unemployment rate for the region. There are no major earnings due.