Nobel Peace Prize awarded to European Union
The European Union has been awarded the Nobel Peace Prize for six decades of work in advancing peace in Europe.
The committee said the EU had helped to transform Europe "from a continent of war to a continent of peace".
The award comes as the EU faces the biggest crisis of its history, with recession and social unrest rocking many of its member states.
'Biggest peacemaker'
Mr Jagland highlighted the EU's work in sealing the reconciliation between France and Germany in the decades after World War II...
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European Council President Herman Van Rompuy said the award was recognition for the work of "the biggest peacemaker in history".