Brussels, 19/05/2005 (Agence Europe) - On 7 June, when the next Ecofin Council is held, the Commission will give its stance on launching excessive deficit procedures in Italy and “probably” also in Portugal, AFP predicts. Neither case is for now included on the Commission's agenda, the spokesperson for Joaquin Almunia, Commissioner for Economic and Monetary Affairs, said. Mr Almunia himself had recalled during the informal Ecofin meeting in Luxembourg that he would submit the Italian...