European Union debate due on women board quotas
European Union debate due on women board quotas
COMMENTS (176)
Several countries in the EU now have quota rules for the composition of their boards
EU commissioners are due to debate proposals that would force quotas for women on corporate boards.
EU Justice Commissioner Viviane Reding is in favour of the proposals to make it mandatory for companies to reserve 40% of seats for women.
But several countries, including the UK, are opposed to it.
The debate comes after the European Parliament criticised the lack of female candidates for the European Central Bank (ECB).
A parliamentary committee - in a resolution passed by 21 votes to 12, with 13 absentions - called on the European Council to withdraw the candidacy of Luxembourg's Yves Mersch for the ECB executive board, saying his appointment would mean that the board would be all male up until 2018.
http://www.bbc.co.uk/news/business-20039540
