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CATEGORY: INTERNATIONAL ECONOMIC

EU wins 2012 Nobel Peace Prize

Fri 12 Oct 2012

EU wins 2012 Nobel Peace Prize LONDON (SHARECAST) - The Nobel Committee has confirmed that the European Union has been awarded the 2012 Nobel Peace Prize.

"The stabilising part played by the European Union has helped to transform a once torn Europe from a continent of war to a continent of peace," Nobel Committee president Thorbjoern Jagland said in Oslo.

"Over a seventy-year period, Germany and France had fought three wars. Today war between Germany and France is unthinkable. This shows how, through well-aimed efforts and by building up mutual confidence, historical enemies can become close partners," he said.

Johnson-Sirleaf, Leymah Gbowee, and Tawakkul Karman won the prize last year, Chinese dissidebt Liu Xiaobo won in 2010, and US President Barack Obama won two years ago.

SC

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