And the economics prize goes to the Euro?

Peace at any prize?

For fostering peace on a continent ravaged by war, the European Union won the Nobel Peace Prize on Friday. The Norwegian prize jury urged all Europeans to remember those efforts as they tackle the debt crisis tearing at the 27-nation bloc.

The award was hailed at EU headquarters in Brussels and by pro-EU government leaders across the continent but derided by "euroskeptics" who consider the EU an elitist superstate that strips citizens of their rights and erodes national identities.

The announcement was met with mixed reactions in debt-ridden countries like Spain and Greece, where many blame Germany and other northern EU neighbors for the painful austerity measures like higher taxes and job cuts they have endured to salvage their floundering economies.

Now if they can on a language in which to give the acceptance speech.