RADICAL plans that could have obliged companies to appoint women to at least 40% of board positions have been postponed after seemingly running into opposition within the European Commission.
RADICAL plans that could have obliged companies to appoint women to at least 40% of board positions have been postponed after seemingly running into opposition within the European Commission.
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TIM SHARP CITY EDITOR
European Union Justice Commissioner Viviane Reding, who was behind the proposal, insisted she could still secure backing for the law. "I will not give up," Ms Reding said on social network Twitter.
Last month, nine countries including the UK wrote to the European Commission calling for the idea of quotas to be dropped. There were also concerns that strict quotas were unlawful under European Union law.
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