Battle Intensifies to Host London-Based EU Agencies After Brexit
- European Commission publishes evaluation of more than 20 bids
- Decisions to relocate drugs, banking bodies due in November
Pedestrians pass 30 Churchill Place which houses the European Medicines Agency, in Canary Wharf London.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
The contest among more than 20 European Union cities to host the bloc’s drugs regulator and banking authority, which are being forced from London by Brexit, heated up on Saturday with an official assessment of the bids.
The evaluation of applications by 19 cities ranging from Stockholm to Bucharest seeking to lure the European Medicines Agency and of eight offers -- including from Dublin, Paris and Frankfurt -- for the European Banking Authority sets the stage for deliberations by EU governments in October and a final decision in November.