Brussels, 21/06/2006 (Agence Europe) - On Wednesday 21 June, the European Commission decided to recommend that the Council puts an end to the excessive deficit procedure (EDP) against Cyprus, as the country's public deficit dropped to 2.4% in 2005 and is set to reduce still further in 2006 and 2007. Cyprus's indebtedness rate also fell in 2005, to a level of 70.25%, and is likely to drop to 68% in 2007. Cyprus will be the first of the six new Member States which have had an EDP against them...