The European Union won the Nobel Peace Prize on Friday for its efforts to promote peace and democracy in Europe — an award given even though the bloc is struggling with its biggest crisis since it was created in the 1950s.

The Norwegian prize committee said the EU was being honored for six decades of contributions “to the advancement of peace and reconciliation, democracy and human rights in Europe.”

“The stabilizing part played by the European Union has helped to transform a once-torn Europe from a continent of war to a continent of peace,” Nobel committee chairman Thorbjoern Jagland said.

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