Monday, 20 November 2017

European Union agencies will relocate to Paris and Amsterdam in first Brexit shift

Two European cities have won lucrative bids to host EU agencies leaving London because of Brexit.
Paris will become the new home of the bloc's banking association while Amsterdam will play host to its medicines agency.

The move means over a thousand jobs will leave London, also diverting tens of thousands of researchers and staff from companies visiting the institutions elsewhere.

France and the Netherlands were picked in two crunch secret ballots by EU27 delegates on Monday night.

Their success was a delicate balance of intense diplomacy with other EU countries - and luck.

BBC      News.

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