European markets pulled back on Tuesday as investors remained wary about progress on a deal to prevent Greece from defaulting, analysts said.

In late morning trading the CAC 40 in Paris dropped 0.53 percent to 4,998.46 points and in Frankfurt the DAX 30 fell 1.06 percent to 11,436.31 points.

Outside the eurozone, London's benchmark FTSE 100 index shed 1.00 percent to 6,884.05 points.