European states bid to host UK-based EU bodies

GettyOnly five EU member states vying for the EMA have actually visited the premises

GettyOnly five EU member states vying for the EMA have actually visited the premises

The offer also explains that the Swedish Medical Products Agency would increase its staff to assist the EMA if a move took place, and argues that relocating to Stockholm would create "synergy effects" with the European Centre for Disease Prevention and Control (ECDC), a body already based in the Swedish capital, saving resources.

According to a statement from the European Commission, Hungary did not submit a bid for the two institutions.

The 27 States remaining in the European Union after the departure of the United Kingdom had until Monday at midnight to submit a single application for each agency.

The northern Italian business hub is seen as the front-runner among rival bidders which include Barcelona, Bonn, Helsinki, Athens, Amsterdam and Porto.

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He said that the Government is confident that the Irish bid to host the EMA "fully meets all the stated criteria".

The European Medicines Agency and The European Banking Authority are now based in London and Brussels is one of the suggestions for their respective relocations following Brexit, according to an announcement on the European Council's website.

"We firmly believe that a move to Dublin will ensure that European citizens can continue to have access to safe, innovative medicines, and that the EMA retains its reputation for excellence in the global regulatory system", Minister Harris added.

Estonia, Latvia, Lithuania and Slovenia are the only countries not expected to bid.

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The contest has pitched larger countries against smaller ones from across the EU.

In the past, races for such agencies became heated, but European Union diplomats have said they are keen to avoid disrupting the unity the bloc has found over Brexit.

Eight are proposed for the european banking Authority (EBA), the less important, but with close to 200 employees.

"Luxembourg has not positioned itself as vultures circling round the Tower of London waiting for all those jobs to fly out our way", Luxembourg's ambassador George Friden told reporters in Brussels.

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