India, Jan. 16 -- European stocks were flat to slightly lower on Friday as investors monitored ongoing geopolitical events and earnings news.

Greenland worries returned to the fore, with media reports suggesting that European troops are landing in the country to defend it against real U.S. military threat.

The deployment of troops from several European countries and other North Atlantic Treaty Organization (NATO) allies was announced after high-level negotiations between Denmark and U.S. officials ended in stalemate on Thursday.

In economic news, data released earlier today showed Germany's harmonized inflation eased to the 2 percent target towards the end of the year.

The harmonized index of consumer prices rose 2.0 percent on a yearly...