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EU wins 2012 Nobel Peace Prize, despite debt crisis
The European Union won the Nobel Peace Prize on Friday for its historic role in uniting the continent in an award meant as a morale boost for the bloc as it struggles to resolve its debt crisis. The EU has been a key in transforming Europe "from a continent of wars to a continent of peace," Committee chairman Thorbjoern Jagland said in announcing the award in Oslo. "This is a message to Europe to do everything they can to secure what they've achieved and move forward," Jagland said, saying it was a reminder of what would be lost "if the union is allowed to collapse". He praised the 27-nation EU for rebuilding ... (full story)
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