Nobel Peace Prize, for...wait for it (drum roll)...[contributing] to the advancement of peace and reconciliation, democracy and human rights in Europe".
That the award has been received with much derision speaks for itself - to paraphrase Mrs Thatcher - "you can't buck the facts".
The Nobel Peace prize has long been discredited, but it may have surpassed itself this time, though worth noting that the decision by the five-member panel, is led by Jagland who is also Secretary-General of the Council of Europe. No conflict of interest there...oh no.
What is evident by this news though is the retreat into an ever decreasing circle of a self-congratulatory bonanza; Harrogate becomes ever more important - we need to realise our own power and pdq. And while Barroso offers a smug, beaming reaction to the news, he ought to be aware that Alfred Nobel's other legacy has a far more immediate, potent and effective outcome.
Still it could have been worse (or more hilarious); the EU could have been nominated for the Nobel Prize for Economics