The PCE (Press Cartoon Europe) is an initiative of the PCB (Press Cartoon Belgium) in association with the International Cartoon Festival held in Knokke-Heist, Belgium. This annual prize awards the best cartoon published in any European country. The competition is open free-of-charge to all cartoonists who publish in European newspapers, magazines or electronic media. Press cartoonists are invited to register on the website before 1 January in order to participate. There is a first prize of 8,000 euros3 plus a bronze statue designed by the Belgian illustrator Ever Meulen. The award ceremony takes place at the opening of the annual International Cartoon Festival and the preview of the exhibition of the nominated cartoons, in Knokke-Heist. The cartoons also appear in a multilingual annual catalogue.