I have changed the focus of the work of my Commission so that we no longer concern ourselves with trivial details and concentrate on the key issues instead. By doing that, we met a large number of the legitimate demands made by the British people. The Commission really did do everything it could to create the conditions for a positive campaign.

As a human being I am personally saddened, as I have a great deal of respect for the large number of British colleagues I have worked with over the years. That is why I personally invested countless hours, days and nights, in negotiating a fair deal for the United Kingdom.

When the going gets tough, you have to lie.

I am chilled by the realization of how similar circumstances in Europe in 2013 are to those of 100 years ago.

The position of EU commissioner for economic and monetary affairs could be combined with the office of Euro Group chairman. That job would be a great challenge for anyone who assumed it. On the one hand, he would have to make proposals. On the other hand, he would have to negotiate compromises with his European counterparts.

How will the exit affect thousands of British pensioners living in Portugal or Spain who will lose their access to the welfare and health systems? Fifty-three free-trade agreements, which were negotiated by the EU on behalf of all Member States, are also hanging in the balance for the UK.

From the very beginning Europe has been not only a success story but also a story of success achieved by learning.