Mr. Pierre Moscovici:

Transitional arrangements are possible and they might be wished for but for such arrangements to make sense we need to know what we will transition to and to define it we need to know the global picture. We are unwilling to have a cliff at the end. We want an orderly Brexit and for us to have a friendly and co-operative relationship with the UK. The UK has chosen not to be a member of the EU but remains a European country and a strategic partner. What we mean is that there cannot be a bridge to nowhere. The destination needs to be clarified first but, certainly, a good destination is not a cliff.