Saturday 1 December 2012

The Nobel Peace Prize 2012



     The European Union (EU) won Nobel Peace Prize 2012 on 21 October 2012 for its effort to promote peace and democracy in Europe. The award was announced by Norwegian Nobel Committee. The award was given to European Union even though the Union is struggling with its biggest crisis since it was created in the 1950s. Practically, the EU was being honored for six decades of contributions to the advancement of peace and reconciliation, democracy and human rights in Europe. Different Social media exploded with strong reactions both for and against, awarding the prize in European Union – worth 8 million Swedish kronor ($1.2 million). The EU grew out of the tremendous devastation created by World War II, fuelled by the conviction that ever-closer economic ties would make sure that century-old enemies never turned on each other again. The European Union is now made up of 500 million people in 27 nations, with other nations lined up, waiting to join.

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