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EU receives Nobel Peace Prize

The European Union has received the Nobel Peace Prize in honour of its peace-keeping since World War Two at a ceremony in Norway. David Cameron was not be among the European leaders who attended the ceremony.

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Cameron snubs EU's Nobel Peace Prize ceremony

European leaders are in Norway to collect the 2012 Nobel Peace Prize but Prime Minister David Cameron will not attend.

Prime Minister David Cameron. Credit: Carl Court/PA Wire

The European Union was awarded the prize for fostering peace on a continent ravaged by war.

Deputy Prime Minister Nick Clegg will represent Britain at the ceremony in Oslo, where Nobel committee chairman Thorbjoern Jagland will present the prize worth $1.2 million (around £750,000).

German Chancellor Angela Merkel and French President Francois Hollande will be among the leaders at the ceremony which comes before a summit on the financial crisis later this week.

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