
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
In blow to Lula, Brazil Congress revives controversial environmental bill - 2
Study reveals links between global food systems, obesity, and climate change - 3
The Excursion to Monetary Proficiency: Individual budget Triumphs - 4
ABC News' Sam Champion opens up about recent health scare - 5
‘The White Lotus’ sparked online interest in risky anxiety pills, study says
African nations push to recognize crimes of colonialism in Algeria
Muslim Brotherhood stole half a billion dollars in Gaza donations, Arab sources reveal
What's The Friendliest City In The United Kingdom?
Slovakia rejects EU call to scrap higher fuel prices for foreign cars
Self-sacrificing ants highlight the unity of their colony, say researchers
Genome study reveals milestone in history of cat domestication
Video Conferencing Instruments for Virtual Gatherings
These Cities Led Global Jet-Setting In 2025, According To New Data
Visual communication Programming for Fledglings













