Exclusive - France, Italy, Belgium budgets may break rules, EU Commission will look again in March: documents

A banner showing the European Commission's new President Jean-Claude Juncker (top L) and EU Commissioners is seen on the facade of the European Commission headquarters in Brussels November 4, 2014. REUTERS/Francois Lenoir

BRUSSELS (Reuters) - The European Commission will tell France, Italy and Belgium on Friday that their 2015 budgets risk breaking EU rules, but it but will defer decisions on any action until early March.

Draft documents seen by Reuters show the three countries are part of a group also comprising Spain, Portugal, Austria, and Malta at risk of busting budget limits.