Twenty-one EU states compete to host London-based agencies after Brexit

Record ID: 904862

  • Title: Twenty-one EU states compete to host London-based agencies after Brexit
  • Date: 1st August 2017
  • Summary: BRUSSELS, BELGIUM (JULY 28, 2017) (REUTERS) EU FLAGS OUTSIDE EUROPEAN COMMISSION BUILDING PEOPLE WALKING TOWARDS COMMISSION BUILDING
  • Embargoed: 15th August 2017 14:06
  • Keywords: European Union London-based EU agencies Brexit European Medicines Agency European Banking Authority
  • Location: BRUSSELS, BELGIUM
  • City: BRUSSELS, BELGIUM
  • Country: Belgium
  • Topics: European Union,Government/Politics
  • Reuters ID: LVA0016SBSCAV
  • Aspect Ratio: 16:9
  • Story Text: The European Union has received 27 proposals from EU members to host the two agencies that will have to be relocated when Britain completes its exit from the bloc, the European Council said on Tuesday (August 1).
    All but six European Union states are bidding to host one or both the London-based EU agencies, setting up a competition that could easily escalate into a squabble.
    Nineteen cities have made themselves candidates to host the European Medicines Agency (EMA) while eight are offering to give the European Banking Authority (EBA) a home, the Council of the European Union said.
    Only Hungary, Slovenia, Cyprus and the three Baltic states of Estonia, Lithuania and Latvia decided not to join the fray.
    Germany, France, Ireland, Austria, Poland and Belgium are bidding for both the agencies.
    The European Commission will assess the candidates by September but the decision rests with EU leaders who will try to reach a consensus deal at their next summit in October. A final decision is expected a month later.
  • Copyright Holder: REUTERS
  • Copyright Notice: (c) Copyright Thomson Reuters 2017. Open For Restrictions - http://about.reuters.com/fulllegal.asp
  • Usage Terms/Restrictions: None
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