Nobel Prize handed to crisis-hit EU

From left, Norwegian Nobel Committee chairman Thorbjoern Jagland applauds European Council President Herman Van Rompuy, European Commission President Jose Manuel Barroso, and European Parliament President Martin Schulz with the Nobel diploma on the podium at the City Hall, Oslo, during the Nobel Peace Prize ceremony, Monday Dec. 10, 2012. The European Union has received this year's Nobel Peace Prize in the Norwegian capital, for promoting "peace and reconciliation, democracy and human rights" in Europe for six decades following the tremendous devastation of World War II. (AP Photo/Heiko Junge/NTB Scanpix, Pool)