The Luxembourg financial centre is based on several pillars, we are characterised by the breadth of our product range, we are an active participant in the international credit business.

I was never presented with the details as far as the collective bargaining system is Greece. I am in favor of a normal system without giving the labour minister the right to extend the results to extend the result of the collective bargaining to the whole of the real economy. The government has to make sure that the results will not harm the situation of small and medium enterprises.

The way some German politicians have lashed out at Greece when the country fell into the crisis has left deep wounds there. I was just as shocked by the banners of protesters in Athens that showed the German chancellor in a Nazi uniform.

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.

I have always considered it to be a minor miracle that after the war, people in Europe's border regions were able to forget everything and, in accordance with the slogan "Never Again War," develop a program that still works today.

But anyone who believes that the eternal issue of war and peace in Europe has been permanently laid to rest could be making a monumental error. The demons haven't been banished; they are merely sleeping, as the wars in Bosnia and Kosovo have shown us.

The outcome of the referendum does not affect those of my officials who have British nationality, since they work for Europe and not for the UK. They have made a major contribution to our common European project, and I will continue to count on their talent and commitment.