Brussels, 07/03/2003 (Agence Europe) - Commissioner Pedro Solbes confirmed after the Eurogroup meeting on Thursday evening that the European Commission was going to initiate procedure against France for excessive deficit in 2002 (a little more than 3% of GDP) and in 2003 (forecast 3.4% of GDP according to Paris). French Minister of the Economy and Finance, Francis Mer, pledged to bring public deficit below the 3% mark in 2004. In conformity with the long procedure that can, in theory, result...