European equities ended slightly down on Thursday following a roller-coaster session marked by brisk volume, with rekindled worries about Greece keeping investors on edge.
The FTSEurofirst300 index of top European shares unofficially closed 0.1 percent lower at 1,098.34 points, unable to bounce back from Wednesday's sell-off.
German Finance Minister Wolfgang Schaeuble said next week may still be too early to make a decision on granting further aid to Greece, reviving fears about the debt-stricken country.
U.K. stocks pared gains on Thursday after the BoE kept its key rate at a record low of 0.5 percent and kept the size of its
Spanish bond yields also rose after the auction as the bond market tried to digest the additional supply, according to Reuters.
Leading fallers across the region was Germany's second-biggest lender, Commerzbank , down 5.8 percent after it missed third-quarter profit forecasts and said it was unlikely to pay a dividend this year or next.
However, French peer Société Générale featured among the biggest gainers of the session, adding 1.6 percent, after posting a rebound in trading revenue in the third quarter in its corporate and investment bank (CIB), after a large-scale restructuring.
"CIB has really delivered. They are really delivering after the restructuring plan so we see that the rebound is there," Chief Executive Frederic Oudea told CNBC.
Siemens was another strong gainers among Europe's biggest companies after it announced plans to save 6 billion euros by 2014, more than expected.
"We're in consolidation mode, and the good news is that most of the gains made since the summer, especially in the banking sector, are holding on despite the absence of positive newsflow," Francois Chevallier, strategist at Banque Leonardo, in Paris.
"The absence of a big wave of profit taking shows that people are starting to think that the systemic crises are over. The U.S. housing market is recovering and Europe is now dealing with its debt problems."