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The pan-European FTSEurofirst 300 index of top shares dropped by 0.7 per cent to reach 1,068.17 points, reports Reuters.
Company share results impacted on shaky investor sentiment, with a mixed bag of results indicating a slower growth environment than has been the norm in recent years.
Nevertheless, Bill Dinning, head of investment strategy at Kames Capital, told the news provider the main spotlight of attention is still turned on the Greek bailout discussions.
"Policymakers in Europe certainly have the means to prevent it from happening [and] investors are nervous given the fact this has been dragging on," he said.
He added that he expected the market would be considerably lower if there was any real threat of a default.
Bloomberg noted that stock futures in the US dropped today as Greece discussed the conditions of its bailout fund.
Posted by Clive Arneil
