LONDON (TheDeal) -- Continued worries about a Greek debt default weighed on European markets on Tuesday as the continent's main markets also got their first chance to react to progress made by challenger parties in elections in Spain and Poland over the weekend.
In Greece, a government spokesman said the country would continue to repay its debts, a day after spooking markets by saying it won't be able to do so. Greek Finance Minister Yanis Varoufakis on Tuesday ruled out further crippling austerity measures in an article penned for Il Sole 24 Ore, while insisting his government is committed to reforms. Repayments totaling €1.6 billion ($1.75 billion) fall due to the International Monetary Fund next month.
In Spain, anti-corruption and anti-austerity parties, including Podemos, made headway in municipal elections in Madrid and Barcelona, while in Poland Andrzej Duda, from the right-wing Law and Justice party, defeated the incumbent, Bronislaw Komorowski, from the center-right Civic Platform, in presidential elections. Polish parliamentary elections take place in the fall.
In London, the FTSE 100 was down 0.52% at 6,995.08. In Frankfurt, the DAX was down 0.67% at 11,735.82, and in Paris, the CAC 40 fell 0.22% to 5,106.12. All three markets were closed for a public holiday on Monday.
In Warsaw, the WIG 20 was down 0.62%, while the Spanish Stock Exchanges' Ibex 35 was down 0.54%.
The Athens Stock Exchange General Index was up 0.59%.
U.S. durable goods data for April will provide the focal point for European markets in the afternoon session.