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You can't safeguard a single market where British firms can export and trade into the rest of the EU if you are constantly saying you – the rest of the EU – have got to play by the rules but we won't.
He added: "You can't safeguard a single market if you say the rest of Europe has to play by the rules but we can't.
But that wouldn't safeguard a single child".
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In order to safeguard the single market, Open Europe proposes a revised voting system within the European Banking Authority, which would see eurozone members and non-eurozone members voting separately – with both groups having to endorse a proposal before it can be implemented.
He is also likely to visit Brussels before an EU summit on 9 December to hold a preliminary discussion on the scale of treaty changes required to safeguard the single currency.
But there's more, and this is vital for her to understand: the other EU countries believe it is in their national interest to safeguard the single market.
Within it, reform would not just revive moribund economies, but also create the chance of future growth to safeguard the single currency.
Draghi is renowned for using carefully honed statements to direct the markets, most memorably when he promised at the height of the eurozone crisis in July 2012 that he would do "whatever it takes" to safeguard the single currency.
Draghi has promised to do "whatever it takes" to safeguard the single currency, and has repeatedly signalled in recent months that with eurozone inflation slipping well below the ECB's 2% target, he felt more action was necessary.
In recent days, Ms. Merkel has issued separate public statements with the leaders of France and Italy to say their lands, the euro zone's three leading economies, will do "whatever it takes" to safeguard the single currency.
In the Guardian, Stockholm-based journalist Ylva Elvis Nilsson explains very clearly why Britain will not get both full single market access and controls over immigration (and it's not about punishment): The other EU countries believe it is in their national interest to safeguard the single market.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com