Strasbourg, 07/06/2005 (Agence Europe) - On Tuesday the European Commission decided in Strasbourg to open excessive deficit proceedings against Italy, whose public deficit has been above 3% of Gross Domestic Product (GDP). The Commission considers that the Italian debt is expected to remain above this level in 2005 and beyond if Rome does not change its policies. This is the first time that the Commission has opened proceedings of this kind since the adoption, at the end of March, of the...