Index: src/core/settings.c
--- src/core/settings.c.orig
+++ src/core/settings.c
@@ -750,7 +750,7 @@ static CONFIG_REC *parse_configfile(const char *fname)
 	else {
 		/* user configuration file not found, use the default one
 		   from sysconfdir */
-                path = SYSCONFDIR"/"IRSSI_GLOBAL_CONFIG;
+                path = SYSCONFDIR"/irssi/"IRSSI_GLOBAL_CONFIG;
 		if (stat(path, &statbuf) != 0) {
 			/* no configuration file in sysconfdir ..
 			   use the build-in configuration */
