Brussels, 11/07/2006 (Agence Europe) - With the decision to conclude the excessive debt procedure against Cyprus and take note of the adequate progress made by Portugal in correcting its public finances within the given deadlines, the Ecofin Council on Tuesday followed the recommendations of the European Commission (EUROPE 9216). The Council observed a “positive development” in Cyprus, which registered a deficit of 2.4% in 2005. At the end of the meeting, Finnish finance minister Eero...