Â
Sponsored by
INTERNATIONAL NEWS
EU to use Nobel Peace Prize money to help children
Posted: Nov 14, 2012 6:57 AM by Associated Press
BRUSSELS (AP) - 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 on Wednesday agreed to administer the prize money on behalf of the EU. 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, which also includes a medal and certificate, will be awarded at a ceremony in Oslo on Dec. 10.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
PLEASE HELP US MODERATE COMMENTS
Offensive or inappropriate comments are subject to removal. To report a comment, please e-mail us at feedback@ksby.com, and include the name of the story and information on the comment.
Thank you! KSBY.com
KSBY.COM VIDEOS
-
Search and rescue efforts continue for seven still missing in wake of Texas tornados
Views: 15 May 17, 2013 -
Atascadero man arrested for various charges including violating terms of his probation
Views: 125 May 15, 2013
Comments