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According to the Der Spiegel weekly (May 26), German Chancellor Angela Merkel (CDU) and Horst Seehofer, leader of the CSU (the CDU in Bavaria) allegedly agreed, during a confidential meeting, to introduce "flexible quotas" to increase the number of women on German boards. With this draft, developed by Kristina Schröder (CDU), businesses would have to determine themselves the proportion of women to reach in their managing structures. Should they fail to respect the commitments made, they would be subject to sanctions - notably financial ones. This decision made by the two party leaders allegedly aims to calm the opponents, within the CDU, to another highly controversial bill on the creation of a 'stay at home bonus' (Betreuungsgeld). The government should vote this bill, which is apparently done, on June 6. (Ref. 120348)
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120248
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