I certainly believe that we gain through open trade and liberalisation.

Of course, the EU is not going to fall apart, but at best it will stagnate for the foreseeable future and we will be dealing with quite a lot of internal chaos.

Essentially we need a new social consensus for economic reform as New Labour has achieved in Britain.

What we have to do is reinvent the idea of Europe.

There is no high-carbon future

Firstly, people take for granted that the E.U. has created the biggest economic space in the world.

I'm optimistic that we are actually seeing the opportunity of a generation being created in this.