European equities closed lower on Friday, with the standoff between Greece and its creditors seemingly intensified.
The pan-European FTSEurofirst 300 closed around 0.8 percent lower, having pared some losses during the day. It was roughly flat on the week.
The benchmark Athens Composite closed nearly 6 percent lower on the day and roughly 1.5 percent down on the week. Greek bonds sold off, with yields on 10-year government debt climbing to 11.8 percent.