Vienna wants to establish EU authorities

Vienna wants to establish EU authorities
Nine European capitals are competing for the seat of the anti-money laundering authority.
Image: Apa/Harald Schneider

The representatives of the nine applications for the future headquarters of the newly established EU anti-money laundering authority had one hour each in the EU Parliament in Brussels on Tuesday to put their city in the right light.

Austria also took part – Vienna rolled out the red carpet for the institution. The authority will be housed in a centrally located new building, with estimated rental costs for the republic: two to three million euros, said Finance Minister Magnus Brunner (ÖVP), who traveled to Brussels for the hearing.

The city of Vienna has decided that in the event of a settlement, a separate European school should be set up for the employees. The application documents refer to the eleven existing international schools – they have contacted all of them and can guarantee places for 1,000 children. In the first year, they also want to give around 400 employees the climate ticket.

Brunner referred to Vienna’s great experience as a location for international organizations. More than 40 are based in the capital, including the United Nations Office on Drugs and Crime. “We believe that synergies will be possible,” How confident is he of making the race? “When it comes down to it, we have a very good chance.”

However, the establishment of international institutions from which not only prestige but also economic benefits can be expected is not just about the matter. They are also a political issue. The German Finance Minister Christian Lindner campaigned for the financial metropolis of Frankfurt as a location. Paris is also given good chances. Six other capitals, Rome, Madrid, Brussels, Dublin, Riga and Vilnius, are competing for the contract. For the first time, this will take place with the participation of the EU Parliament.

The Council of Member States, which wants to bring a candidate city into the discussions with Parliament, is likely to remain the tone-setter. To do this, the individual countries should award a quota of points to the favored cities. The procedure immediately reminded observers of the song contest – albeit in a much less entertaining form.

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