Nobel Peace Prize laureate Malala Yousafzai poses with the medal and the diploma during the Nobel Peace Prize awards ceremony at the City Hall in Oslo December 10, 2014. REUTERS/Suzanne Plunkett
STOCKHOLM (Reuters) - This year's Nobel laureates can look forward to a rise of 12.5 percent in prize money as the finances of the foundation have improved after previous years of overspending, the Nobel Foundation said.
The Nobel Foundation said the money for the awards, given for excellence in the fields of science, literature and peace, will be raised to 9 million Swedish crowns (£826,653) from 8 million.
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