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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

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Lifestyle

Spain passes bill encouraging gender equality in politics and business.

Photo Credit: : Borja Puig de la Bellacasa Photo Credit: : Borja Puig de la Bellacasa
Photo Credit: : Borja Puig de la Bellacasa Photo Credit: : Borja Puig de la Bellacasa

On Saturday, Spanish Prime Minister Pedro Sanchez unveiled a gender equality bill to increase women’s representation in politics, industry, and other public sectors.

Gender parity shall be enforced on election lists, corporate boards, and professional organization boards under the Equal Representation Law.

Sanchez made the statement during a Socialist party rally ahead of March 8’s International Women’s Day. Before being debated in parliament, the government will approve it on Tuesday.

He claimed the government was “not simply taking a step in behalf of women, but in benefit of Spanish society as a whole.”

The socialist coalition’s latest equality proposal. In December, parliament enacted a transgender rights measure and a groundbreaking sexual and reproductive health law that provided state-funded paid leave for women with painful periods, a European first.

Sanchez stated Saturday that women should have half of the political and economic power if they represent half of society.

Under the Equal Representation statute, every listed firm with over 250 employees and a revenue of 50 million euros ($53 million) must have 40% female management.

The bill will force political parties to field equal numbers of male and female candidates to increase gender balance in parliament. Congress has 44% women and the Senate 39%.

It would also require public-funded prize juries and professional association boards to contain at least 40% women.


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