Sofia Seeks to Headquarter European Medicines Agency

Politics » BULGARIA IN EU | October 27, 2016, Thursday // 07:26
Bulgaria: Sofia Seeks to Headquarter European Medicines Agency

Bulgaria is to submit a demand to EU institutions that the central office of the European Medicines Agency (EMA) be relocated to Sofia, daily 24 reports, citing government sources.

The decision is motivated with the UK's forthcoming withdrawal from the European Union after June's Brexit referendum.

The EMA, headquartered in London, is responsible for the evaluation of medicinal products.

Bulgaria will compete with Croatia as the latter has already submitted its demand, the newspaper reports.

Other institutions Bulgaria will seek to host after Brexit include the European Bank for Reconstruction and Development (EBRD) and the European Banking Authority (EBA).

Sources, however, say the last two bids will face immense challenge from Frankfurt, which many expect to become the EU's financial capital in the afermath of Brexit.

We need your support so can keep delivering news and information about Bulgaria! Thank you!

Bulgaria in EU » Be a reporter: Write and send your article
Tags: European Medicines Agency, EMA, EBRD, EBA, sofia, London, Brexit

Bulgaria news (Sofia News Agency - is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." (Sofia News Agency - and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria