However, as we currently see, even positive outcomes of the summit fall short of expectation without the necessary consolidation and structural adjustments in the countries which are at the heart of the crisis. More generally, the euro area is currently caught up in the fact that its framework has, in the course of the crisis, increasingly lost consistency.
For example, in Sweden, the price effect has a larger impact on a woman’s decision to work than her husband’s income. In Germany, in contrast, the higher the education of the husband, the less likely the woman is employed. Despite cultural differences, women around the world still find it difficult to find a balance between paid work and family life.