European equities are expected to open lower Monday as talks between Greece and its creditors collapsed at the weekend, raising the prospect Greece could default on its debt obligations.
Asian stocks kicked off a brand new trading week on the back foot, as trading sentiment took a hit from concerns over tortuous Greek reforms-for-aid talks, and European equities look set for the same treatment.
Greece and its creditors clashed yet again over reforms Greece must enact in return for more financial aid in talks at the weekend European officials blamed Greece for failing to offer any new concessions in return for aid.
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