RPT-GLOBAL MARKETS-Asia stocks dip on Greece woes

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* Asia stocks fall on worries over Greece's debt woes

* Euro near 3-week low vs dollar ahead of EU summit

* Surprise India rate hike curbs risk appetite

* Asian sovereign credit default swaps widen

By Kevin Yao

SINGAPORE, March 22 (Reuters) - Asian stocks and the euro slid on Monday on renewed investor worries over Greece's debt crisis ahead of a European Union summit, while India's surprise interest rate hike last week weighed on commodity currencies.

The euro hovered near a three-week low against the dollar after EU leaders sent out conflicting signals at the weekend over aid to Athens, setting the scene for a tense summit on March 25-26 and fuelling doubts over whether European countries will agree to any support package. [ID:nLDE62K0C9]

European shares are set to track Asia down, with financial spreadbetters expecting Britain's FTSE 100 <.FTSE> to open 10-15 points lower, Germany's DAX <.GDAXI> to open around 20 points lower, and France's CAC-40 <.FCHI> to start up to 5 points lower.

The MSCI index of Asia Pacific stocks outside Japan <.MIAPJ0000PUS> shed 1 percent, giving up some of its recent gains, with weaker commodity and oil prices weighing on shares of resource companies such as BHP Billiton .

Japanese markets were closed for a public holiday.

South Korea's stock index <.KS11> fell 0.8 percent, with losses led by refiners and banks including S-Oil <010950.KS> and Shinhan Financial Group <055550.KS>.

Lee Sun-yub, a market analyst at Shinhan Investment Corporation, investors would stay cautious until a decision was made on support for Greece.

"U.S. stocks saw technical corrections after their substantial gaining streak, and this is also weighing on Seoul shares," Lee added.

India's stock market <.BSESN> opened about 1 percent lower but later trimmed losses, after the central bank's surprise 25-basis point rate hike on Friday, which came after local markets had closed.

It was not clear how that would impact market earlier expectations for a 50-basis point rise at the central bank's policy meeting in April as it battles intensifying inflation. [ID:nSGE62L01X]

EURO SUFFERS

The euro, which lost 1.9 percent against the dollar last week, was languishing at $1.3510 . The U.S. dollar rose 0.2 percent against a basket of major currencies <.DXY>, extending gains of 1.4 percent late last week as the euro succumbed to fresh worries about Greece.

Commodity linked currencies like the Australian and New Zealand dollars were still smarting from India's sudden rate rise, which stoked investors' aversion to riskier assets in general.

A growing number of Asian central banks are tightening policy, or are expected to in coming months, as inflationary pressures build along with strong economic recoveries, in marked contrast to weakness in big Western economies and in Japan.

"It's another reminder that Asian problems with inflation are completely opposite to the G10 problems with deflation. There might be a bit of a pull back in some of the risk appetite but longer term it will reinforce the Asia strong growth story against the problems of the developed world," said Robert Ryan, currency strategist at BNP Paribas in Singapore.

Meanwhile, Asian sovereign credit default swaps widened as jitters over Greece's woes lifted the cost of insuring government debt and made investors averse to buying riskier assets.

U.S. oil futures fell 47 cents to $80.21 a barrel , having slumped almost 2 percent on Friday under the weight of a firmer dollar, while spot gold hovered near $1,106.9 after a 2 percent loss on Friday. (Additional reporting by Jungyoun Park in SEOUL and Charlotte Coope in TOKYO; Editing by Jan Dahinten)