European stock markets mixed despite nearing Greek default

Europe's main stock markets were mixed Tuesday despite confirmation by Greece it would not make a debt payment due to the International Monetary Fund, placing it on course to default. In Paris the CAC 40 edged up 0.02 percent to 4,868.52 points compared with Monday's close, while Madrid's IBEX 35 was up 0.51 percent and Milan's FTSE Mib increased 1.02 percent. Activity across European markets followed a jittery session Monday, when the Frankfurt and Paris indices both closed