Regions & Cities: The EU Agencies Race
EUobserver's 2017 Regions & Cities magazine takes a closer look at EU agencies and the benefits for cities and regions to host them. The UK leaving the EU has prompted a scramble for the European Medicines Agency and the European Banking Authority among most of the remaining member states. But what makes a city competitive? Which cities stand a good chance to become the new hosts? And what do EU agencies bring to the local economy?
EUobserver's 2017 Regions & Cities magazine takes a closer look at EU agencies and the benefits for cities and regions to host them. The UK leaving the EU has prompted a scramble for the European Medicines Agency and the European Banking Authority among most of the remaining member states. But what makes a city competitive? Which cities stand a good chance to become the new hosts? And what do EU agencies bring to the local economy?
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ARTICLE LAYOUT<br />
<strong>The</strong> <strong>EU</strong> <strong>Agencies</strong><br />
<strong>Race</strong><br />
When the <strong>EU</strong> <strong>Agencies</strong> Network<br />
presented the work of its members at<br />
the end of 2016, its chairman at the time,<br />
Antonio Campinos, of the European<br />
Union Intellectual Property Office, admitted that some<br />
agencies are "largely unknown even at <strong>EU</strong> institutional<br />
level". But two of the 45 bodies that are members of<br />
the network have inevitably seen rising fame in recent<br />
months: the European Medicines Agency (EMA) and<br />
the European Banking Authority (EBA).<br />
Art director:<br />
Tobias Andreasen<br />
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HIGH QUALITY JOURNALISM<br />
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Cover illustration<br />
Tobias Andreasen<br />
With the UK exiting the <strong>EU</strong>, these two London-based<br />
agencies need a new home. Many <strong>EU</strong> member states<br />
have raised their hands and expressed interest. This<br />
has resulted in a beauty pageant, where 23 cities<br />
compete to host one, or even both agencies.<br />
<strong>The</strong> process provides an interesting occasion for cities<br />
to highlight the qualities they think will convince people<br />
of moving there - even though the final decision for the<br />
future home of the EMA and EBA, expected to be taken<br />
in November, is ultimately one of political haggling.<br />
In this edition of <strong>EU</strong>observer's <strong>Regions</strong> & <strong>Cities</strong><br />
magazine, we take a closer look at some of the <strong>EU</strong><br />
agencies, exploring how their location matters and the<br />
benefits for cities and regions to host them.<br />
How will London fare without the EMA and EBA? What<br />
was the socio-economic impact of the <strong>EU</strong>IPO in the<br />
region of Valencia? What compromises did Poland make<br />
to become the host of the rapidly growing migration<br />
agency Frontex? How did cities and regions position<br />
themselves in their bid for two of the most high-profile<br />
agencies?<br />
Read on to find out!<br />
Peter Teffer<br />
02 — REGIONS & CITIES OCTOBER 2017