BRUSSELS - The European Union is moving closer to introducing mandatory quotas for the number of women on company boards after businesses failed to make sufficient progress in gender equality over the past year.Equality of opportunity is not enough. They want to feminize the companies.
The EU's Justice Commissioner, Viviane Reding, said Monday that at the current rate it would take more than 40 years for women to hold 40 percent of board positions in Europe's publicly traded companies. ...
"I am not fond of quotas," Reding said. "But I very much like what quotas do."
Several EU states — including Belgium, France, Italy, the Netherlands and Spain — have already adopted gender quotas for companies, while others have minimum levels for women in state enterprises.
Eagle Forum Legislative Alert:
Wednesday, March 07, 2012