AP reports that the European Union, the 2012 winner of the Nobel Peace Prize, has decided to spend its 8 million kronor ($1.2 million) reward on projects helping children in war and conflict zones. The EU won the prize "in recognition of its efforts to keep the peace on a continent long riven by fighting."
The
European Commission has agreed to administer the prize money. Commission President Jose Manuel Barroso said that
because the award represents reconciliation, the funds "should benefit
the first hope for the future, but also the first victims of present and
past conflicts: children."
The Nobel Peace Prize medal and certificate and cash award will be presented at a ceremony in Oslo on Dec. 10.
The Nobel Peace Prize medal and certificate and cash award will be presented at a ceremony in Oslo on Dec. 10.
