Both, of course. Well deserved for EU’s past and for relations within, in the tradition of West rewarding West. But critics are right about relations without and the present; like debt bondage of GIPSI–Greece-Italy-Portugal-Spain-Ireland/EU periphery–to Germany. But first, the arguments in favor. Two French politicians, Jean Monnet and Robert Schuman, declared that Germany had been so atrocious that it had to become member of the family, and then created the family: Genius, peace genius. On 1 Jan, 1958 the European Community embodied the Treaty of Rome, which was signed in 1957 by a horde of men. It certainly fulfilled Nobel’s testament for reducing standing armies against each other and increasing understanding. The prize did not live up to the condition of the preceding year though. But events need some time to prove themselves, like Obama’s rhetoric – and, more importantly: a major omission; but better late than never.