Friday, October 12, 2012

EU (European Union) wins 2012 Nobel Peace Prize

The notion behind it is that EU has transformed most of Europe from a continent of wars to a continent of peace and for its efforts for rebuilding Europe after two World-Wars.

EU will get USD1.2 Million on December 10. They won the coveted prize out of 231 candidates including some religious leaders.

But the single currency 27-nation European Union is now mired in crisis.

Complete article from Reuters.

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