European stock markets slid at the start of trading on Monday after eurozone member Greece rejected creditors' austerity demands in a weekend referendum.

Frankfurt's DAX 30 shed 2.11 percent to 10,825.06 points and the CAC 40 in Paris fell 2.06 percent to 4,709.01 points. Outside the eurozone, the FTSE 100 index  lost 1.07 percent to stand at 6,515.67 compared with Friday's close.