EU picks Paris as new host for EBA after Brexit, sources say

EU picks Paris as new host for EBA after Brexit, sources say

HANNIBAL HANSCHKE

Paris tied with Dublin in the third vote and the Estonian chairman of the meeting then picked the winner according to a pre-agreed procedure.

Frankfurt, a leading EU financing center that is home to the European Central Bank, lost out in the race at an earlier stage.

Earlier on Monday, a series of EU votes to pick a new site for the European Medicines Agency, also now based in London, also ended in a tie before Amsterdam won in drawing of lots.

(Reporting by Gabriela Baczynska, Alastair Macdonald, Peter Maushagen; Editing by Alastair Macdonald)

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