On the issue of gender balance, entrepreneurs can breathe a sigh of relief: It could cost the state hundreds of thousands

Ensuring gender equality in the management of two Latvian companies will still not become a mandatory requirement. A majority in the Saeima has, for the second time, rejected the draft law prepared by the Ministry of Welfare on ensuring gender balance in the management bodies of capital companies. For the companies, this of course allows them to breathe a sigh of relief, but for Latvia it may cost a few hundred thousand euros. According to the criteria included in the draft law, at present it would apply only to two […]