I notice with a certain sense of regret that far too many Europeans are returning to a regional and national mindset.

The will of the British people must now be put into effect as quickly as possible. Under Article 50 of the EU Treaty the UK must leave the European Union within two years at the latest.

Much as I would have liked to respond factually and truthfully to each and every piece of misinformation spread by the Brexit campaign, it was important that I stayed out of the domestic political debate. It was David Cameron's task to win the UK referendum, not ours.

For my generation, the monetary union has always been about forging peace.

I have another explanation [of Brexit]: In its 43 years of EU membership, Britain has never been able to decide whether it wants to fully or only partially belong to the EU.

We do not attract Russian money to Luxembourg with high interest rates.

We no longer have the pact from 1997; it was radically amended in 2005 and the Commission is applying this Stability Pact with wisdom and rationality.