European Union: EU Parliament backs female quotas

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European Union: EU Parliament backs female quotas

The European Parliament on Wednesday (6 July) advised EU businesses to hire women in their executive boards by next year or face a mandatory quota of 40 percent modelled on the Norwegian experience.

Women should make up 30 percent of top management in the largest listed EU companies by 2015 and 40 percent by 2020, MEPs said in Strasbourg in a non-binding recommendation. If voluntary measures to increase female representation fail to work by next year, then the European Commission must table legislation to make it binding, they added.

To read the complete article please visit euobserver.com

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