We need a certain amount of decoupling, as the recovery in the euro area is not yet as robust as in the United States. Our asset purchase programme helps ensure this. But is a further reduction in the purchase volume possible in 2017 if the situation improves? The Governing Council has only left open the option of an increase. Might your assessment even change?
Women born in the 1920s and 1930s had low participation rates at age 30, but three-fourths of 30-year-olds born in 1960 were in the labor force. However, participation rates for more recent generations of 30-year-old women have not risen any further.