Euro zone deficit shrinks to almost within EU limit in Q3

BRUSSELS (Reuters) - The euro zone's government deficit shrank for the third consecutive quarter in the three months to last September to near the European Union's official limit of 3 percent of economic output, Eurostat data showed on Monday.

Euro Still Vulnerable Despite Rising Against Dollar

The euro rose broadly on Monday, as euro zone banks repatriated foreign-held assets before year-end and after the European Central Bank chief said there was no urgent need to cut interest rates.