TALLINN - Nine EU member states, the Baltics among them, have joined forces to thwart EU moves to set a 40 percent quota for women’s representation on the boards of listed companies, EU diplomatic sources said Monday, reports AFP. Such countries as Bulgaria, the Czech Republic, Latvia, Estonia, Lithuania, Hungary, Malta, the Netherlands and Britain likely have enough votes to block the proposal coming to an EU vote.“We do not support the adoption of legally binding provisions for women’s on company boards at the European level,” one source said, citing a letter...
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