MEP’s discuss gender quotas

In the light of International Women's Day on March 8 the European Parliament held seminars on March 7 to discuss among others the Commission's proposal for gender quotas on boards.

EurActiv reports from the discussions and the positions of MEPs.

"The legislation, proposed in November 2012 by Justice Commissioner Viviane Reding, would apply to publicly traded companies in the 27 member states with more than 250 employees or annual revenues exceeding €50 million. The companies would have until 2020 to comply of face sanctions. (…) Gender quotas have long divided European opinion. Some politicians and MEPs believe that quotas remain a "necessary evil" to accelerate progress towards a better gender balance on the corporate boards of European companies."