European indices extend early losses on Monday as renewed worries over Greece's future in the Eurozone emerged. Today German Chancellor Angela Merkel will meet Greek Prime Minister Alexis Tsirpas for the second time to discuss the matter of the Greek bailout. AT 14:30 GMT ECB president Mario Draghi will hold a speech at the European Parliament where Greece and its bailout will certainly be discussed.

U.K.'s Industrial Outlook for March declined from a previous reading of 10 to zero. Analyst expected a decline by 1 to 9.

The FTSE 100 index is currently trading -0.10% quoted at 7,015.73 points. Germany's DAX 30 is trading lower at 11,892.51 points -1.12%. France's CAC 40 is currently trading at 5,047.27 points, -0.79%.