A proposed EU requirement that at least 40% of the seats on corporate boards be filled by women directors has run up against opposition from Britain and other countries, the New York Times reports. Nine EU countries have signed a letter to the European Commission opposing the law, which is supported by EC vice chairman Viviane Reding.
The letter argues that the issue should be dealt with at the national level, rather than by the EU.
See the full story here. For previous coverage, see EU May Set Quota for Women Directors.
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