Thomas Byrne: “Icelandic people voted the way they did, what can we do? They made the decision.”

That's why it's absolutely important that we see today where the compromises can be reached, where red lines are really being drawn, and how we can actually all, as European citizens, be winners out of this process.

I can't give any assurances to anybody at this time because we're in the throes of the negotiations.

The magic of the negotiations that we're trying to effect here is to make sure we have a package where everybody can win, the European Union wins, and therefore the people of Europe win.

It’s crucial because we're talking about member states saying they're paying too much, and one way to bridge that gap is to have [New] Own Resources.