'Sigh of Relief': Irish Approve European Fiscal Pact in Referendum

[sysop]

Ireland has approved the European fiscal pact in a closely watched referendum, averting a possible setback for a key element of Chancellor Merkel's approach to fighting the euro crisis. Analysts say it's a sign of support for Europe, but point out that Ireland has more serious problems to worry about.

http://www.spiegel.de/international/...836483,00.html