Commission characterized French and Italian correspondence for the amendments of the 2015 budget projects as “Helpful and constructive”.

The two countries have submitted updated budgets, which include major budget cuts.

France plans to find the money from fighting tax evasion while Italy only by canceling tax exemptions.

The Commissioner welcomed the “creative” movement of France and Italy, while clarifying that the evaluation result of their budgets “remains open”, as the consultations continue.

The final decision is expected on Wednesday.