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European stocks close down on fears of 'Grexit'

Europe's main stock markets fell on Monday after Greece rejected creditors' austerity demands in a weekend referendum and fears rose that it could crash out of the eurozone.

The CAC 40 in Paris fell 2.01 percent to 4,711.54 points, while Frankfurt's DAX 30 shed 1.52 percent to close at 10,890.63 points.

Outside the eurozone, the FTSE 100 index lost 0.76 percent to 6,535.68 points compared with Friday's close.

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