Finally, and before taking your questions,

just welcome a word to our group of visitors joining us today.

I hear you are 15 students from the San Giovanni Bianco School in the province of Bergamo in Italy here on a visit to the European Commission.

I hope you enjoy your time with us and that you enjoy Brussels more generally,

and all the best in your studies. Un caloroso benvenuto a tutti.

We can now move on to your questions,

and it was a long introduction. Let's start here in the front.