• All Share : 49295.52
    UP 0.01%
    Top 40 : 3464.44
    DOWN -0.36%
    Financial 15 : 15392.89
    DOWN -0.65%
    Industrial 25 : 61856.79
    UP 0.13%

  • ZAR/USD : 11.6239
    UP 0.64%
    ZAR/GBP : 18.1651
    UP 0.39%
    ZAR/EUR : 14.2607
    UP 0.47%
    ZAR/JPY : 0.0974
    UP 0.29%
    ZAR/AUD : 9.4977
    UP 0.67%

  • Gold : 1197.6300
    UP 0.12%
    Platinum : 1199.7000
    UP 0.14%
    Silver : 15.9499
    UP 0.63%
    Palladium : 790.5000
    UP 0.19%
    Brent Crude Oil : 59.890
    UP 1.05%

  • All data is delayed by 15 min. Data supplied by I-Net Bridge
    Hover cursor over this ticker to pause.

Fri Dec 19 13:43:02 SAST 2014

EU to give Nobel Peace Prize cash to war-impacted children

Sapa-AFP | 14 November, 2012 15:54
Belgian students hold pictures depicting child soldiers during a protest by Amnesty International in Brussels November 12, 2012.

The European Union will donate almost one million euros that came with this year's Nobel Peace Prize to children affected by war and conflicts, officials said Wednesday.

The Nobel Committee last month awarded the peace prize to the EU for bringing more than half a century of peace to a continent ripped apart by World War II. The decision was met with both praise and ridicule.

This year's award came with about 930,00 euros ($1.2 million) in prize money.

"The Nobel Peace Prize stands for reconciliation throughout the world. The prize money should benefit the first hope for the future, but also the first victims of present and past conflicts: children," European Union Commission President Jose Manuel Barroso said in a statement.

Barroso will collect the prize in Oslo on December 10, along with European Parliament President Martin Schulz and EU President Herman Van Rompuy.

The EU on Wednesday also announced a drawing contest for youngsters aged between eight and 24. Four winners will attend the awards ceremony.


If you have an opinion you would like to share on this article, please send us an e-mail to the Times LIVE iLIVE team. In the mean time, click here to view the Times LIVE iLIVE section.