The decision of a majority of people in the United Kingdom to vote to leave the European Union is profoundly disappointing.

We have a very long legal system with the European Union, and we're English speaking.

These assurances should make possible a much more constructive relationship between the United Kingdom, and I believe the European Union, with Iran, and the opening of a new chapter in our relations,

The British people have decided to leave. It is a sad decision but one which I respect. The vote puts the European Union in difficulties. It must recognise its shortfalls.

We don't want protectionism at the heart of the European Union.

I interpret your question as applying more to financial stability in the euro area than to the euro itself. I do not think there has been a crisis. The euro is the single currency of 330 million people and enjoys a high degree of confidence among investors and savers because it has delivered price stability remarkably well over the last 11½ years. What we had was a situation in which a number of countries had not respected the Stability and Growth Pact. These countries have now engaged in policies of fiscal retrenchment that were overdue. They have to implement vigorously these policies which are decisive for the preservation and consolidation of financial stability in Europe.