Germany Will Now Require Companies To Put Women On Their Executive Boards

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Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Germany is working to finalize a law that would require large companies to have women executives to serve on their boards.

, and we’re honestly not sure why more countries aren’t doing this.

“We are putting an end to women-free boardrooms at large companies,” said Franziska Giffey, the minister for women and families, who also called the new law a “historic breakthrough.” Considering Germany currently has the largest economy in all of Europe, we have to agree. This is major. However, naturally, there has also been opposition to the law. The Federation of German Industries, which represents 40 different trade groups, said that while it supports the idea of appointing women to leadership roles , having a required quota was “a major intervention in entrepreneurial freedom.”

 

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Belgique Dernières Nouvelles, Belgique Actualités