Spain approves draft law for gender quotas in business and politics

Legislation aims to increase number of women in decision-making roles such as in company boardrooms

Spain's government has approved a draft law that aims to bolster the presence of women in decision-making spheres by setting out quotas for women in politics, business and professional associations.

This is useful policy that changes people's lives," the country's finance minister, Nadia Calvino, said on Tuesday. It's clear that we've come a long way ... but there is still a lot to do."