Ivailo Kalfin

for their kids, what is the housing, the accessibility of that, what is the access to healthcare, etc., etc.

So the European model of living, I mean, having much more integrity and human-centric approach,

I would say makes this place much better to live than others.

Draghi doesn't say slash the social transfer.

Yes, that's true.

What he speaks about is to create a genuinely common market in terms of financial markets, in terms of capital, in terms of research, ideas, patents, etc., etc.,

But nobody mentions cutting the social transfers.

Having said that, I don't say that we have the perfect system because, indeed, I mean, social transfers, they're very much national responsibility.

So you don't have too many European policies on that because taxpayers are paying for that.

European budget is 40 times lower than the national budget, the amount of the national budget.

And the thing is that in many countries, probably you have much more spending that is needed.

I mean, you have spending, to give you an example, in Belgium, you have lifelong unemployment benefits, which are cut from next year, by the way.