Monday, March 05, 2012

Commission to push quota for women directors

The European Union’s executive is to press ahead with plans for quotas to increase the proportion of women on corporate boards, triggering a protracted fight between Brussels and national governments.

Viviane Reding, justice commissioner, will on Monday announce the first step towards European-level legislation, a year after she threatened mandatory measures if no progress was made on improving gender balance at the higher echelons of business.

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