Brussels, 13/05/2009 (Agence Europe) - On Wednesday 13 May, the European Commission observed that Lithuania, Malta, Poland and Romania had registered public deficits above 3% of GDP in 2008. In reports based on Article 104§3 of the treaty, the Commission considers that these overshoots are neither close to the reference value of the Stability and Growth Pact (SGP), nor temporary, nor exceptional. The adoption of these reports constitutes the first stage in the formal opening of a formal...