 I think it's important to mention the fact that the interest of such a working party is that we try to exchange views and questions and responses, if any, as vividly as possible because the idea is really to have a brainstorming which would be, as I would say, rich as possible with perhaps, and I'm speaking under the control of our rapporteur, Hélène, perhaps with some preliminary professional conclusion in a number of domains where you would think that there is some kind of consensus or emerging consensus. So, I would say prerequisite for this brainstorming to be as fruitful as possible would be that the first intervention of the speakers would be very short, as short as possible. I would suggest three, four minutes to mention the many issues that they think or the main question that they think would be worth examining. And then we have a lot of time perhaps to again exchange views between the panelists and with the participants in the working party. So, thank you again very much for having accepted to speak. Let me mention the speakers once again because you have already there resumé in the documents. I have to thank Bertrand Bardet. He's been financial director of credit agriculture, vice president of, not vice president, but general director and financial director of the World Bank. So, he has a very extraordinary experience and now he came from, as he told me, macro to micro and he's the CEO of a blue like an orange, sustainable capital, all a program. Then we will have, I am mentioning them in alphabetical order and also in the order I suggest for the very short introduction I already mentioned. Daniel Dianou, president of the fiscal council and the counselor of the governor for all the euro area affairs and he was also director of the National Bank of Romania. Jeff Frieden is professor in the department of the Harvard University, the government, I would say, department of the Harvard University and has been very, very influential in many universities and in many, many domains. I'm sorry because I translate poorly instead of having the French version, so correct me. It's a school of government. I should have said that. Department of government. Akinari Ori, ancient member of the Bank of Japan, deputy governor of Bank of Japan and now member of the board of the Canon Institute for global studies. Akinari is like Jeff, like Bertrand speaker that we are hearing often here in this working party. Now we have also Kiernan Wook, who was ambassador of Korea in the OECD, is president of the board, who is also a counselor of the Bureau of Economic Research of the ASEAN and was vice minister of strategy and finance in the government. Also has an experience in the IMF. I mentioned that on the recommendation of John. Andre de Vilong is associate professor in finance at the University of Paris Dauphine, former CEO of Paris Bar, eminent banker and also president of the board of IFRI. John Nipsky, Peterson distinguished scholar at the Nietzsche school of advanced international studies, John Hopkins. He was the first managing director, deputy managing director of the IMF and he was an eminent banker with a lot of experience in finance and private banking too. And Elaine Ray, professor of economy in the London Business School. She is a member of the Economic Commission of the French nation and also member of the high council of financial stability, very well known as an eminent professor all over the world. So thank you so much again for your presence. It's a privilege. We are all conscious that it is a privilege.