European equities are expected to open lower Thursday ahead of a meeting of the Eurogroup of euro zone finance ministers, who could present a 'take it or leave it' plan to Greece. Market attention in Europe, according to CNBC, is focused on a meeting of the Eurogroup in Brussels Thursday and whether the group of euro zone finance ministers can find a solution to reforms deadlock with Greece.
Putting more pressure on Greece, Bundesbank President Jens Weidmann said he European Central Bank (ECB) will not be able to provide financial help for Greece if political negotiations break down, according to an advance copy of an interview he gave Italian newspaper La Stampa, to be published on Thursday.
Meanwhile, Russia is yet again in the spotlight after Russian President Vladimir Putin announced that the country would buy 40 intercontinental ballistic missiles this year, raising concerns about Russia's military might during a volatile geo-political period in the region around the country.
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