Thursday, October 25, 2012

European Union postpones women quota on boards plan


EU commissioners have postponed plans to impose quotas for women on company boards.

EU Justice Commissioner Viviane Reding was pushing for a vote on Tuesday to make it mandatory for companies to keep 40% of seats for women.

But the proposals will now not be debated until November.

The quota had already run into problems after EU lawyers said the proposed law might go too far and countries could not be forced to meet the target.

See full Article: http://www.bbc.co.uk/news/business-20039540