The European Central Bank launched its 1 trillion euro ($1.1 trillion) bond-buying program on Monday and euro zone finance ministers met to discuss Greece's reform plans, on which further aid is conditional.
Read MoreGreece urged to 'stop wasting time' with talks
The stock market move lower in Europe followed a selloff on Wall Street on Friday, after the stronger-than-expected U.S. nonfarm payrolls employment report piqued concerns the Federal Reserve could soon hike rates. Thus, it could be closer to normalizing the accomodative monetary policy that has been supportive of stocks for the last few years. Nonetheless, U.S. stocks traded higher on Monday.
"Expectations for a summer rate hike have firmed up," Marius Paun and Jonathan Sudaria, two dealers at Capital Spreads, said in a research note.
In individual stock news, shares of French mobile operator Orange fell to the bottom of the CAC, closing down 5.7 percent, on reports that rival Iliad might spark another price war in France.
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