European equities opened lower on Monday as investors watch a meeting between the leaders of Greece and Germany, beginning a week that may prove decisive for Greece's future in the euro zone.

At last week's EU Summit, Greek PM Alexis Tsipras agreed to speed up his economic reform plans in order to unlock the long-withheld aid payments needed to keep his country afloat.

If a deal is not reached, Greece is likely to run out of cash by early next month.

The euro is -0.4% at $1.0776.

European stocks: FTSE 100 -0.3%; DAX -1.1%; CAC 40 -0.6%; Euro Stoxx 50 -0.6%.
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