Pax Europaea

Pax Europaea (English: the European peace – after the historical Pax Romana), is the period of relative peace experienced by Europe in the period following World War II—often associated above all with the creation of the European Union (EU) and its predecessors. After the Cold War this peace was even more evident because of the fall in political tensions, with the major exception of the Yugoslav Wars and various tensions with and within Russia. In 2012, the EU institutions were awarded the Nobel Peace Prize.