Relocation, relocation, relocation
Earlier in the present day, I used to be contacted by Politico $-$ they’re masking the story in regards to the European Union’s course of to reassign the 2 EU companies presently situated in London, the European Medicines Company, (EMA) and the European Banking Authority (EBA) post-Brexit.
I do know of this, however wasn’t conscious of the particular course of, which is form of advanced:
“The vote for every company will encompass successive voting rounds, with the votes solid by secret poll. Within the first spherical, every member state could have one vote consisting of six voting factors, which needs to be allotted so as of choice to a few presents: three factors to the primary choice, two to the second and one to the third. If one supply receives three voting factors from at the very least 14 member states, this will likely be thought of the chosen supply. In any other case, the three presents (or extra in case of a tie) with the very best variety of factors will go to a second spherical of voting. Within the second spherical, every member state could have one voting level, which needs to be allotted to its most well-liked choice in that spherical. If one supply receives 14 or extra votes, it is going to be thought of the chosen supply. In any other case, a 3rd spherical will observe among the many two presents (or extra in case of a tie) with the very best variety of votes, once more with one voting level per member state. Within the occasion of a tie, the presidency will draw tons between the tied presents.”
Cat Contiguglia has contacted me to have a chat about this $-$ that they had achieved a few items likening the resemblance with the Eurovision contest. As I informed Cat, nonetheless, I believe that is extra like the best way cities get assigned the proper to host the Olympic Video games, and even how the Palio di Siena works… I suppose numerous dialogue is already happening among the many member states.
Apparently, Milan and Frankfurt are the favourites to host EMA and EBA, respectively. I assume I as soon as heard a narrative that, initially, EMA was speculated to be situated in Rome. Sadly, the choice was to be made simply as one of many many Italian political scandal was about to uncover, pointing to huge corruption within the Italian healthcare system and so Rome was stripped of the title. Maybe a win for Milan will assist Italy recover from the World Cup…
