Amsterdam and Paris won the right to host the two EU agencies that must leave London on Brexit after a dramatic ministerial meeting in Brussels that left both results decided by drawing lots after votes were tied. David Doyle reports
Amsterdam and Pairs emerging as winners from the ongoing Brexit saga on Monday. Both cities chosen as home to two European agencies, which are leaving London because of the UK's decision to exit the European Union. Amsterdam will host the European Medicines Agency The arrival of the drugs agency will bring with it 900 staff as well as the offices of a host of international pharmaceuticals companies. Meanwhile Paris has been picked as the new home for the European Banking Authority. The smaller agency sets rules used by the European Central Bank to carry out stress tests on the bloc's banking sector. Competition has been fierce as both agencies bring with them an economic boost and added prestige. But it is an issue the EU wants to resolve without a protracted dispute keen as it is to preserve unity as the 27-member bloc negotiates its divorce from Britain. That process continuing in the UK on Monday. British Prime Minister Theresa May meeting with senior ministers to discuss how much cash the UK owes the EU as a divorce payment. It's an issue that is threatening to derail British hopes for a negotiated exit and an agreement on a new trading relationship by March 2019. May has signalled she would increase her initial offer, estimated at some 20 billion euros. On Monday the European Union Brexit negotiator Michel Barnier said he wants an ambitious trade deal with the UK UPSOT: "as soon as we have agreed on how we will settle the past". The future of those negotiations will be determined by how Britain's offer is received at negotiations set for next month.