Friday, October 12, 2012
European Union wins Nobel Peace Prize for uniting continent
OSLO (Reuters) - The European Union won the Nobel Peace Prize for its long-term role in uniting the continent, the Norwegian Nobel Committee said on Friday, an award seen as morale boost for the bloc as it struggles to resolve its debt crisis.
The committee praised the 27-nation EU for rebuilding after World War Two and for its role in spreading stability to former communist countries after the 1989 fall of the Berlin Wall.
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A European Union (E.U.) flag flutters in front of the monument of Parthenon on Acropolis hill in Athens June 17, 2012. REUTERS/John Kolesidis |
Norwegian public broadcaster NRK said an hour before the announcement that the EU would win.
The prize, worth $1.2 million (747 thousand pounds), will be presented in Oslo on December 10.
(Reporting by Oslo newsroom)
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EU Parliament president "touched" as EU wins Peace Prize
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