Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland
Advertisement

German joins EU group against women's quota

Share this article

German joins EU group against women's quota
Schröder (left) and Leutheusser-Schnarrenberger. Photo: DPA
15:24 CEST+02:00
Germany seems set to torpedo attempts to establish a legally required women's quota in management by the European Union, according to a letter written by the two relevant ministers.

Saturday's Süddeutsche Zeitung newspaper said it had seen the letter written by Justice Minister Sabien Leutheusser-Schnarrenberger and Family Minister Kristina Schröder.

“We do not see a legally binding guideline from the European Union for a quota as the right way,” the letter says. Such a quota would, “not be fair either to the various starting positions of the EU member states, nor the industry-specific needs of the companies.”

The letter is addressed to the UK Business Secretary Vince Cable, who has been leading efforts to stop the initiative of EU Justice Commissioner Viviane Reding to introduce such a law.

They said they expressly welcomed and supported the British initiative to try to stop the quota.

Germany now joins a group of EU countries which had met on September 4 in Brussels to forge a union against the quota. The group includes Bulgaria, Czech Republic, Denmark, Hungary, Lithuania, Malta, the Netherlands, Sweden and Slovenia – and now Germany.

Reding's suggestion would be that publicly traded companies have at least two of every five supervisory board positions filled by members of whichever gender is currently underrepresented by 2020, the Süddeutsche Zeitung said.

The rule would apply to those firms with more than 250 staff and more than €50 million annual turnover. Those firms which fail to manage this would be punished.

The EU countries which are now against the idea have enough votes to kill the initiative, the paper said.

The Local/hc

Get notified about breaking news on The Local

Share this article

Advertisement

From our sponsors

The Swedish university tackling the challenges of tomorrow

Ranked among the world's best young universities in the QS Top 50 Under 50, Linköping University (LiU) uses innovative learning techniques that prepare its students to tackle the challenges of tomorrow.

Advertisement
Advertisement
Jobs
Click here to start your job search
Advertisement
Advertisement

Popular articles

Advertisement
Advertisement