European Union wins 2012 Nobel Peace Prize (full statement in English)

The European Union has been announced the winner of the Nobel Peace Prize 2012. Amidst Europe's as-yet-unsolved crippling economic backdrop, a heated debate emerged over the validity of the prize. The 27-nation organization was awarded the prizing for its historic role in "uniting the continent" and its contributions "to the advancement of peace and reconciliation, democracy and human rights in ...