European stocks close: stocks closed lower ahead Eurozone’s finance ministers meetings

Market news

11 February 2015

European stocks close: stocks closed lower ahead Eurozone’s finance ministers meetings

Stock indices traded closed lower ahead Eurozone's finance ministers meetings. The euro group of finance ministers will meet in Brussels later in the day. Greece's Finance Minister Yanis Varoufakis is expected to present new reform proposals.

Investors speculate that the European Commission could extend Greece's existing bailout program. Greece's bailout expires at the end of this month.

But German Finance Minister Wolfgang Schaeuble said today that there are no plans for a new agreement.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,818.17 -10.95 -0.16 %

DAX 10,752.11 -1.72 -0.02 %

CAC 40 4,679.38 -16.27 -0.35 %

U.S.: Federal budget , January -17.5 (forecast -2.6)

European stocks closed: FTSE 100 6,818.17 -10.95 -0.16% CAC 40 4,679.38 -16.27 -0.35% DAX 10,752.11 -1.72 -0.02%

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