India, March 3 -- European stocks were subdued on Monday, even as defense stocks climbed amid the prospect of higher defense spending in Europe to deter Russian aggression.
Media reports suggest that Germany could approve a fund to boost defense spending before the outgoing parliament steps down next month.
Traders also shifted focus to the European Central Bank meeting due on Thursday, with economists expecting another 25-bps rate cut.
Eurozone flash inflation figures and final factory PMI data may garner some attention later in the session.
The pan European STOXX 600 slipped 0.2 percent to 55.31 after ending marginally higher in the previous session.
The German DAX was marginally lower and France's CAC 40 shed 0.2 percent while the U...