The people or organizations that will receive a Nobel Prize in this year’s edition will receive an additional one million Swedish kronor, about 100,000 euros for the pandemic, according to the organizers, who expected changes in the awards ceremony this week to meet health recommendations.
Less than two weeks before the announcement began – the cascade of awards begins on October 5th – the Nobel Foundation announced that its Board of Directors has agreed to extend the amount of the award from 9 to 10 million crowns (945,000 euros). Award for each category.
The organization attributed this increase to improvements in the organization’s finances. “The finances of the Nobel Foundation are now much more stable than before,” said managing director Lars Heikensten, who hopes that the awards will be updated according to the economic scenario.
The winners have already received 10 million crowns, but in 2011 the number was reduced to 8 million for financial reasons. In 2017, the foundation increased the number to 9 million crowns, an amount that was given in the last three editions.
The ceremonies will take place on December 10th in Stockholm and Oslo. However, both cities will host a fewer number of events with limited attendance, partly because the organizers assume that the winners will themselves participate electronically due to restrictions imposed by the COVID-19 pandemic.