Brussels, 12/07/2005 (Agence Europe) - Prefiguring the decision that was to be taken the next day by the 25 on the Italian deficit, Eurogroup President Jean-Claude Juncker said on Monday evening that the budgetary difficulties do not seem “temporary” and that the Italian authorities have until 2007 to address the situation. As the Commission recommended, finance ministers of the euro zone therefore chose to grant a two-year respite so that Italy can return below the 3% threshold and...