The Nobel Peace Prize 2012 was for the European Union
October 12, 2012
The Swedish Academy in Stockholm decided to award the Nobel Peace Prize 2012 to the European Union (EU) because: “For more than six decades has contributed to the promotion of peace and reconciliation, democracy and human rights in Europe”.
And it said, “The greatest success of the EU is to have achieved that peace, democracy and human rights have taken root in Europe and continental war, referring to World War II, ended up in continental peace.”
The award is interpreted as: ‘a big morale boost by the Swedish Academy to block in their struggle to resolve the economic crisis’.
European Parliament President was pleased by the recognition.
Martin Schulz in a statement via Twitter said: “We are deeply moved and honored.”
The award amounts to $ 1.2 million (about 930,000 euros, 20% less than last year), and will be presented at a ceremony in Oslo on December 10.