European stocks rose from an almost four-month low as Swiss equities rallied. Greek shares tumbled amid the country’s debt impasse. The situation in Greece continues to haunt equity markets. After negotiations between this country and its creditors were interrupted on Sunday, things have become considerably more tense. Yesterday, Tsipras Prime Minister said in Athens that his country will not stoop to their foreign creditors, referring to the condition imposed by its partners to reform the pension system, one of the most expensive in the eurozone. The position of Prime Minister was supported by almost all the members of his party. The European Commissioner Gunther Oettinger mentioned that before the Greek position the European Commission needs to have a plan B, or a contingency plan in case of default. Today, the Greek Prime Minister Tsipras had scheduled a three-day visit to Russia but given the urgency of the situation is possible that this trip is shortened. Yesterday, the Athens Executive had an emergency meeting to discuss the strategy for the coming days and the for Thursday meeting of the Eurogroup. In this context, the nervousness will continue to score investor sentiment.