'Nobel Committee making another mistake' [Afshin Rattansi © PressTV]

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Although European nations support Israeli atrocities against the Palestinians, the Nobel committee has awarded its Peace Prize to the European Union, an analyst tells Press TV.

The EU has won the 2012 Nobel Peace Prize at a time that social unrest and financial problems are shaking the very pillars of the 27-nation bloc.

Announcing the award on Friday, the Nobel Committee President Thorbjoern Jagland acknowledged the EU's current financial woes and social unrest as many analysts also questioned the timing of the event coinciding with a wave of unrest in the bloc.

Press TV has conducted an interview with Afshin Rattansi, an author and journalist, from London, to further discuss the issue.

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