What a lovely and curious looking creature! It’s an excellent photo but the details are still a little difficult to see with all the dark fuzz. It appears to have four, slightly hairy wings and long bipectinate or plume-like antennae poking out of all that hair. I believe this is a Bagworm or Case Moth (family Psychidae). It looks very much like a male Ptilocephala plumifera (Oiketicinae: Oreopsychini), a species that occurs throughout most of Europe south of the British Isles and Scandinavia. Bagworms get their name because the larvae construct cases out of silk and any handy materials they can find (sticks, sand, plant material, etc.). They drag their cases around with them and anchor them to a surface when they pupate. For comparison you can link to: http://barry.fotopage.ru/bk/index.php?species=1730
Great bug – thanks for sharing. K