EU warns: deposit women on boards, or else we will
I am very ambitious wearing this respect, but we preference need a step-by-step methodology, Reding whispered.Reding would like to witness women occupy 30% of supervisory board positions by 2015, and pro with the aim of presume to wake up to 40% by 2020. If self-regulation fails, legislation on quotas might go by, she says.She hopes with the aim of it wont roll up to this, but if the circumstances has not improved by 2012, she says she spirit look on implementing embattled official instruments backed up by credible sanctions.The severity of penalties isnt yet lucid, but Reding points to the instance of Norway, which introduced a 40% quota inside 2008. wearing Norway, which is not a limb of the EU, companies are dissolved if they achieve not respect the quota rules, she says.