The Dutch literature prize Europese Literatuurprijs (in English European Literature Prize) has been awarded annually since 2011 to the best contemporary European novel that was published in the previous year and translated into Dutch. The author of the winning novel receives €10,000, and the translator €5,000. The prize is an initiative of the Dutch Foundation for Literature, the academic-cultural center SPUI25, the weekly newspaper De Groene Amsterdammer and the Athenaeum Boekhandel back. It is sponsored by the Lira Fund and various independent bookshops. The book suggestions come from Dutch and Flemish bookshops, the decision on who receives the prize is made by a specialist jury. Source: Wikipedia (en)