The 2012 Nobel Peace Prize was Friday awarded to the European Union (EU).
The prize went to the EU for over six decades contributed to the advancement of peace and reconciliation, democracy and human rights in Europe.
Thorbjoern Jagland, committee Chairman while announcing the award in Oslo said, "The EU has been a key in transforming Europe from a continent of wars to a continent of peace".
"This is a message to Europe to do everything they can to secure what they've achieved and move forward. It is a reminder of what would be lost if the union is allowed to collapse," he added.
The Peace prize worth $1.2 million will be presented in Oslo on December 10 2012.
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