Italy is withholding its approval to the European Union growth package until a final deal is reached on a proposal aimed at allowing EU bailout funds to buy into Italy and Spain bond market to stabilize the countries' soaring spreads, an Italian government official said Thursday at a key EU summit in Brussels. "We are not going to rubber stamp the growth package if there isn't an agreement on short-term solutions to stabilize the euro zone spreads," the Italian official said, adding that Spain is also withholding the growth pact approval. European Council President Herman Van Rompuy said Thursday that leaders ... (full story)