Sitemap

Nobel Prize Amount Raised By SEK 1 Million

CorD Recommends

Nissan Faces 20,000 Job Cuts

Nissan, once a titan of Japan’s automotive...

Pope Leo XIV: An American Voice at the Helm of the Catholic Church

Cardinal Robert Francis Prevost has been elected...

Eighty Years Since Victory Day

Under a bright spring sky, central London...

Multinational Corporations Dominate EU and EFTA Workforce

In 2023, over 151,000 multinational corporations employed...

Spain Demands Airbnb Remove Nearly 66,000 Illegal Tourist Rental Listings

The General Directorate for Consumer Protection in Spain considers them "illegal" under the law regulating the advertising of this...

UN Human Rights Commissioner Volker Turk Visits Belgrade

In a visit seen as a key moment for regional diplomacy and human rights engagement, UN High Commissioner for...

Brend Tuborg predstavlja novitet bez limita – Tuborg Zero

Brend Tuborg kompanije Carlsberg Srbija i ove godine donosi nešto novo ljubiteljima piva i dobrog osveženja – Tuborg Zero....

Rio Tinto’s Response to Claims Made by Academician Slobodan Vukosavić

Rio Tinto’s Response to Inaccurate Allegations Regarding the “Jadar” Project, Published in the Article Entitled “Irresponsible Mining Undermines Serbia-EU...

Romania’s New President

In an election marked by Romania’s highest voter turnout in 25 years, Nicușor Dan — a quiet, methodical mathematician...

The Nobel Foundation has decided that the 2023 Nobel Prize will amount to SEK 11 million per prize category. This represents an increase of SEK 1 million per prize category compared to the previous few years.

At the end of 2022, the market value of the Nobel Foundation’s total invested capital was SEK 5,799 million. The Foundation has chosen to increase the prize amount because it is financially viable to do so.

When the first Nobel Prizes were awarded in 1901, the prize amount was SEK 150,782 per category. Over the past fifteen years, the prize amount has been adjusted several times. In 2012, the size of the Nobel Prize was reduced from SEK 10 million to SEK 8 million, at the same time as a broad-based programme to strengthen the Nobel Foundation’s finances was initiated.

Read more...

Nobel Prize In Literature Awarded To French Author Annie Ernaux

The 2022 Nobel Prize in Literature is awarded to the French author Annie Ernaux for the courage and clinical acuity with which she uncovers...

The Nobel Prize Awarded For Research On Evolution

This year’s Nobel Prize in physiology or medicine has been awarded to Swedish scientist Svante Paabo for his discoveries on human evolution. Thomas Perlmann, secretary...

In 2017, the prize amount was increased from SEK 8 million to SEK 9 million. In 2020, the amount was raised to SEK 10 million. In 2023, there will now be a further increase to SEK 11 million per prize category.

Source: nobelprize.org

Related Articles

EU Businesses Embrace AI at Record Pace in 2024

In 2024, a marked rise in the adoption of artificial intelligence (AI) swept through EU businesses, with 13.5% of companies employing AI in their...

Sweden Begins Construction of World’s Second Nuclear Waste Repository

Sweden has started building a storage facility for spent nuclear fuel, becoming only the second country in the world to embark on such a...

Scandinavia Emerges as a Serious Wine Destination with Growing Vineyards

Sipping local wine might not be the first thing that comes to mind when visiting Scandinavia, but this colder northern region is making its...

H.E. Charlotte Sabina Sammelin, ambassador of Sweden to Serbia

Proud to be a Top Bilateral Donor

Sweden holds the Presidency of the Nordic Council of Ministers this year and is prioritising regional cooperation, sustainable development and innovation, aligning these efforts...

Tourism

The Allure of The North

Nordic countries are becoming increasingly popular as travel destinations, thanks to their stunning nature, welcoming atmosphere, and unique experiences As more travellers seek destinations that...

Women In The EU Have a Five-year Longer Life Expectancy Than Men

Life expectancy at birth for women in the European Union was on average 5.4 years longer than for men (83.3 years compared to 77.9...

Electric Car Numbers Surge Nearly 50% in the EU in One Year

The number of electric cars in the European Union has surged by nearly 50% in just one year, according to Eurostat.  Last year, 1.5 million...

Average Working Life in the EU Stands at 36.9 Years

In 2023, the average expected working life in the European Union was 36.9 years, although this figure varied significantly across member states, according to...