'Sigh of Relief' Irish Approve Fiscal Pact in Referendum

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. Although analysts say it's a sign of support for Europe, they point out that Ireland still has more serious problems to worry about.
Sealed ballot boxes in Dublin during the vote count on Friday.

Sealed ballot boxes in Dublin during the vote count on Friday.

Foto: PETER MUHLY/ AFP
dgs -- with wire reports