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Ireland Votes on EU Treaty

In its current form.

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Peter Muhly, AFP / Getty Images

The president of the European Central Bank said on Thursday that the current structure of the Euro Zone is "unsustainable," as panic spread over Spain's impending economic woes. Mario Draghi told the European Parliament that the next step will be for leaders of European countries to clarify what their vision will be. Meanwhile, investors hunted for safe-haven assets on Thursday, as many sought U.S. bonds and dollars. And Ireland went to the polls Thursday to vote on the European Union’s fiscal pact, the only country of the 25 pro-pact nations that has put the treaty to a vote among its people.

Read it at The New York Times

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