Brussels, 07/10/2009 (Agence Europe) - On Wednesday 7 October, the European Commission examined the situation of public finances in nine member states where deficits are projected to exceed the 3% threshold set in the Stability and Growth Pact (SGP). With the adoption, as announced (see EUROPE 9990), of reports on Austria, Belgium, the Czech Republic, Germany, Italy, Slovakia, Slovenia, the Netherlands and Portugal, the Commission is preparing for excessive deficit procedures to be brought...