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European markets open mixed as the new trading week kicks off

European stocks were mixed as markets opened on Monday, with regional markets lacking direction after a choppy week last week.

The pan-European Stoxx 600 was little changed as markets opened, with regional bourses and sectors trading in mixed territory.

The region's major indexes had closed higher on Friday as investors assessed U.K. growth figures and looked ahead to the much-anticipated Chinese stimulus announcement over the weekend.

China's Minister of Finance Lan Fo'an in a press briefing on Saturday hinted at more debt issuance amid efforts to shore up the economy, stating the government had a "rather large" space to increase the deficit.

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