The Agbar tower is illuminated with "EMA BCN" presenting their candidature to move the European Medicines Agency (EMA) to Barcelona after Brexit, in Barcelona, Spain, July 18, 2017. REUTERS/Albert Gea
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European cities from Amsterdam to Zagreb have lined up sweetheart deals including free rents, landmark buildings and tailor-made relocation services in a race to house two prestigious EU agencies that will leave London after Brexit. The European Medicines Agency and European Banking Authority are both prize spoils from Britain's decision to leave the European Union in 2019, promising to boost key industries and the local economies of their new hosts.The competition is fierce, with 19 cities trying to lure the EMA and eight shooting for the EBA. The EMA is the bigger prize, with 890 staff against under 170 at the EBA.Vienna, which has put in bids for both the EMA and EBA, is offering 25 years rent-free, while Warsaw would pay 50 percent for 10 years.
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