Tuesday 23 October 2012

More EU Interference

The proposal put forward by EU Justice Commissioner Viviane Reding to impose a minimum quota for the number of women on the boards of companies does nothing more than denigrate the hard work and determination of women all over Europe that have already succeeded and achieved by their own merit. 

Typically, for the Political Class that make up most of the unelected EU Commissioners, Ms Reding spent her career in academia and the media, far away from the sharp end of international business and industry. If she'd had any involvement in actual industry, she would realise that companies that fail to promote their brightest and best, irrespective of their gender, colour or race will quickly and deservedly fail, as the the best people will always move to better positions at their competitors. 

The last thing British Companies need is yet more regulation and red tape courtesy of the EU, whilst our international competitors, unhindered by interfering governments surge ahead. But then, I wouldn't expect any of the raving socialists at the EU to fully understand anything about free markets or economics - just look at the mess they're making of the euro. If the implications weren't so serious it would be laughable. 

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