Miguel de Cervantes Prize
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Premio Miguel de Cervantes (the Miguel de Cervantes Prize) is awarded annually to honor the lifetime achievement of an outstanding writer in the Spanish language. The prize is similar to the Booker prize in that it rewards authors from multiple (in this case Spanish speaking) nations. Unlike the Booker prize it is awarded only once in recognition of the recipients overall body of work and is therefore regarded as a type of Nobel Prize in Literature in the Spanish language. It is named after Miguel de Cervantes, author of Don Quixote.
The candidates are proposed by the Language Academies of the Spanish-speaking countries, and the prize is awarded by the Ministry of Culture of Spain.
The winner receives a monetary award of 90,000 euros.