EUROPEAN UNION BAGS 2012 NOBEL PEACE PRIZE

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The European Union was awarded this year’s Nobel Peace Prize for its contribution to the advancement of peace and reconciliation in the continent.

The Norwegian Nobel Committee said in the citation that the EU for over six decades contributed to the advancement of peace and reconciliation, democracy and human rights in Europe.

It added that the work of the EU represents fraternity between nations, and amounts to a form of the peace congresses.

The Nobel Committee explained that although the EU is currently undergoing “grave economic difficulties and considerable unrest” it wanted to celebrate the Union’s “successful struggle for peace and reconciliation and for democracy and human rights.”