Did you guys see that in the NYTimes? Well, here it is!
I'm going to guess that it's just for playtime, and that if they want the kid to actually sleep, they'd get a window blind. Or maybe everyone just gets up with the sun.
Ancient Turf, Rotten Wood, Killer Views [nyt]
UPDATE FROM THE COMMENTS: IT'S A TOY!
In the article it says that this is a playroom. The bed is not a crib for a baby but a toy for dolls. Very common model in Europe.
aha, right. I should just accept that I will never understand the curtained cradles of Europe.