Wednesday, June 08, 2022

EU sets board quotas for women by mid-2026, lawmakers say

The EU got bigger and mightier! And a lot of utter fools are running the show!

The British EU exit makes more sense as time passes!

I hope this nonsense will be seriously challenge in court and otherwise!

Yesterday, I commented here about another, new idiocy by the EU.

"European Union negotiators agreed late on Tuesday to the bloc's first-ever quota for women on corporate boards, lawmakers said, a bid to boost representation and improve gender equality in the bloc of 450 million people.

The law obliges listed companies in all 27 EU member countries to have women take up at least 40% of non-executive board seats, or 33% of executive and non-executive roles combined by mid-2026. ..."

EU sets board quotas for women by mid-2026, lawmakers say | Reuters

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