European Union states set for squabble over who gets London's agencies after Brexit

The regulators will be leaving their current base in London as part of the Brexit process

BRUSSELS | No less than 23 cities were candidates to host the two european agencies, which will leave London following a Brexit, with the key economic benefits of promising.

The European Medicines Agency is now based in London's Canary Wharf.

The banking and medicines agencies are seen as the first spoils of Brexit by the 27 remaining members of the EU.

Cities hoping for the EBA are: Brussels, Dublin, Frankfurt, Paris, Prague, Luxembourg City, Vienna, Warsaw.

"We will now proceed in assessing all offers in an objective manner", European Commission spokeswoman Mina Andreeva told reporters.

Nineteen cities applied to the host the European Medicines Agency (EMA): Amsterdam, Athens, Barcelona, Bonn, Bratislava, Brussels, Bucharest, Copenhagen, Dublin, Helsinki, Lille, Milan, Porto, Sofia, Stockholm, Malta, Vienna, Warsaw, and Zagreb.

It will publish an assessment of offers by September 30 and a decision will be voted on by the 27 ministers in November.

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Several criteria have been defined, in addition to the ability to be operational as of the transfer, which will be before the start of the british European Union (no later than the end of march 2019): the accessibility, the presence of schools, access to the labour market and to health care.

The Irish government has earmarked three potential locations for the EMA headquarters, two in Dublin's docklands financial district and another by the city's airport.

One of the criteria for hosting the EMA is to have good transport links with the main cities of the EU.

The European Parliament representative for the EMA and Member of the European Parliament from Croatia Biljana Borzan says that, in the past months, there is a fierce competition among countries which want to host the agency.

The issue will also be discussed by minister in October.

Britain's finance industry could lose up to 40,000 investment banking jobs in the next few years unless it strikes a softer deal on its departure from the European Union, according to a new report by consultancy firm Oliver Wyman.

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