AlQa'dah 26, 1433, Oct 12, 2012, SPA -- European Commission President Jose Manuel Barros said Friday that the Nobel Peace Prize was a "great honor for all 500 million citizens of Europe." "It is justified recognition for a unique project that works for the benefit of its citizens and the benefit of the world," he said. "At its origins the European Union brought together nations emerging from the ruins of the devastating Second World War and united them in a project for peace built on supranational institutions representing the common European interest," Barros said. The award "shows that even in these difficult times, the European Union remains an inspiration for countries and people all over the world," he added.