May 23. (EUROPE PRESS) –
The Government has approved this Tuesday, in the second round, the Parity Representation Law, which will force the presence of at least 40% of women in the Government, the boards of directors of large companies, electoral candidacies and the constitutional bodies.
This was announced by the First Vice President of the Government and Minister of Economic Affairs, Nadia Calviño, this Tuesday, during the press conference after the Council of Ministers.
The Government approved this rule in the first round last March, although at that time it only affected the electoral lists, the composition of the Government, the boards of directors of large companies, the governing boards of professional associations and the juries of public recognition of personalities.
Now the Executive has introduced a modification so that it also affects constitutional bodies and bodies of constitutional relevance such as “the Constitutional Court, the Council of State, the Fiscal Council, the Court of Accounts or the General Council of the Judiciary (CGPJ) so that they have equal representation”, as Calviño has specified.
In addition, the First Vice President of the Government has indicated that another of the modifications introduced consists in that “the implementation calendar of these objectives is made more flexible, which will go from 2024 for the Ibex 35 to 2028 for public interest entities”.
Calviño has indicated that despite the “progress” achieved in terms of the participation of women in the labor market in 2022, “there is still a long way to go”, since the presence of women on the boards of directors of listed companies is at 32% and does not reach 22% in the case of senior management positions.
For this reason, he stressed that, with this law, which will now be sent to the Congress of Deputies to begin its parliamentary process, “one more step towards effective equality” is taken and to “break the glass ceiling”.
