UKIP's Nigel Farage: 'EU's Nobel Peace Prize baffling'

The leader of the UK Independence Party has condemned the decision by the Nobel committee to award their 2012 peace prize to the European Union.

Euro-sceptic MEP Nigel Farage said he was "baffled" at the decision, which he claimed brought the Nobel prize "into total disrepute".

Nobel committee president Thorbjoern Jagland acknowledged the EU's current financial problems and social unrest in his announcement, but said the committee wanted to concentrate on the body's work over six decades of advancing "peace and reconciliation, democracy and human rights".