EU Takes Nobel as Call to Action to Stabilize Crisis
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European Union leaders took the award of the Nobel Peace Prize as a call to action to prevent the euro-area financial crisis from halting the trek toward a united continent.
The Norwegian Nobel Committee bestowed the prize in the same week as German Chancellor Angela Merkel, Europe’s most powerful politician, encountered rioters and anti-Nazi taunts on a trip to debt-stricken, recession-wracked Greece.