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