Buffeted by debt crisis, EU wins Nobel Peace Prize

By: Associated Press - Texarkana Gazette

Associated Press The European Parliament is seen Friday in Brussels. The European Union won the Nobel Peace Prize on Friday for its efforts to promote peace and democracy in Europe, despite being in the midst of its biggest crisis since the bloc was created in the 1950s.

BRUSSELS—The European Commission president had no reason to expect anything but another bad day. Then, out of the blue, after three years of back-biting and seemingly daily financial crisis, the European Union won the Nobel Peace Prize for fostering peace on a continent long ra...

Published: 10/13/2012