
Hours after Germany's upper house of parliament, the Bundesrat, approved a package of measures to curb high fuel prices, President Frank-Walter Steinmeier signed plan into law on Friday.
The bill officially takes effect once it is published in the Federal Law Gazette. The package of measures had only been passed by the Bundestag, or lower house of parliament, on Thursday.
Ahead of the busy Easter travel period, the new law allows petrol stations to raise prices only once per day, at noon (1100 GMT).
Previously, fuel prices were changing sometimes hourly, due to the US-Israeli war in Iran. Price cuts, however, will still be possible at any time.
In addition, Germany's competition authority is to receive more powers to act against excessive prices. In future, companies will have to explain that price increases are objectively justified.
This is intended to make it significantly easier for regulators to take action against excessive fuel pricing.
Whopping 80% say law is inadequate
Although by German standards the law passed very quickly, residents are not impressed.
A clear majority of people in Germany believe the government's measures against rising fuel prices are inadequate, with 80% of respondents surveyed saying not enough is being done, the ZDF's Politbarometer poll released on Friday showed.
Some 14% consider the measures appropriate while 3% say they go too far.
Many people are calling for a temporary cut in taxes and levies on petrol and diesel, the survey found. Some 73% support such a step while 25% oppose it. That's backed by a majority across most party supporters, with only Green party supporters showing a split picture.
latest_posts
- 1
Grasping the Basics of Business Land Regulation - 2
Cocoa Prices Sink on Favorable Crop Conditions in West Africa - 3
Netflix Faces Wider Fallout After Italy Court Orders Refunds, Price Cuts - 4
Lebanese Shi’a party Amal competing, coordinating with Hezbollah, experts tell ‘Post’ - 5
Vote in favor of your Number one Sort of Cap
Obamacare enrollment declines as US subsidies expire
Figuring out the Business venture Code: The Response to Building an Effective Startup
Artemis II astronauts race to set a new distance record from Earth and behold the moon's far side
Gen Z workplace stereotypes were TV’s favorite punchline in 2025
4 Creative Savvy Home Gadgets of 2024: Reforming Home Robotization and Security
Addiction-stricken community struggles to keep a syringe program going after Trump's order
Moon fever hits DC as Artemis 2 rocket 'candle' lights up Washington Monument just 1 month before launch (photos)
Instructions to Improve Your Mental Exploration with Cutting edge Measurements
Why most Jewish Israelis back the death penalty for terrorists












