Britain has mustered sufficient support from EU member states to block a proposal by Brussels to impose a 40 per cent female quota on listed company boards across the 27 country bloc, according to a letter sent to the European Commission’s president.
Nine countries, including the Netherlands, Malta and six central and eastern European countries, sent a strongly worded letter to José Manuel Barroso, and his deputy, Viviane Reding, who is the primary sponsor of the idea, in an effort to dissuade the EU from going ahead with the proposal.
The joint effort may force Brussels to drop the legislation, as the nine countries opposed to the proposal represent sufficient votes to block the plan under the EU’s complex majority voting process.