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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.
Credit: Reuters/John Kolesidis
OSLO | Fri Oct 12, 2012 5:09am EDT
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.
Norwegian public broadcaster NRK said an hour before the announcement that the EU would win.
The prize, worth $1.2 million, will be presented in Oslo on December 10.
(Reporting by Oslo newsroom)
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Comments (1)
What about the Nobel Prize of misery and dictatorship.
"There is one assured way to have peace. You only have to surrender."
EUSSR faqoff
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