
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
A red meat allergy from tick bites is spreading – and the lone star tick isn’t the only alpha-gal carrier to worry about - 2
France to build new nuclear aircraft carrier, Macron says - 3
Figure out How to Establish a long term connection with Your Handshake - 4
They relied on marijuana to get through the day. But then days felt impossible without it - 5
Telecommute Arrangement: What's Pivotal for Your Efficiency?
Pfizer in $41.5 million settlement with Texas over ADHD drug for children
Happy with Running Shoes for 2024
Germany unveils rescue plan for struggling chemical sector
Undeniably popular Historical centers: Where Craftsmanship and History Meet
Scientists sent a menstrual cup to space. This is how it went
Moving Wedding Objections for Paramount Functions
What loving-kindness meditation is and how to practice it in the new year
The Electric Toyota Hilux Is Finally here, But It's Not Cheap
Students were skipping my astrophysics class to play video games – so I turned the class itself into a video game













