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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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London prepares to<br />

say goodbye to <strong>EU</strong><br />

agencies<br />

<br />

<br />

Photo: Davide D'Amico<br />

<strong>The</strong> relocation of the EMA and the EBA after Brexit will leave a<br />

hole that will need to be filled, but opinion is divided among local<br />

business people as to whether the agencies will be missed.<br />

By Sebastien Ash<br />

<strong>The</strong> European Medicines Agency<br />

(EMA) has a nondescript<br />

presence on Canary Wharf,<br />

<br />

hub. <strong>The</strong> mid-size tower it shares<br />

<br />

sits at one extreme of the cluster in the Docklands<br />

east of the city centre. <strong>The</strong> logo near the top of<br />

the building, a sort of sphere within a bowl, can<br />

be spotted from a distance, but at street-level only<br />

<br />

it out.<br />

<strong>The</strong> other London-based <strong>EU</strong> agency, the European<br />

<br />

knowing where to look. <strong>The</strong> authority's 150 or so<br />

<br />

at One Canada Square, Canary Wharf's most<br />

recognisable structure with a silver obelisk at the<br />

very centre.<br />

A former chair of the <strong>EU</strong> <strong>Agencies</strong> Network and<br />

<br />

Antonio Campinos, has called the <strong>EU</strong> agencies<br />

"the familiar face of the <strong>EU</strong> for many Europeans",<br />

REGIONS & CITIES OCTOBER 2017— 03

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