
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
Don't plan to cook on Thanksgiving? Here are the restaurants and fast food places that are scheduled to be open - 2
My prescription costs what?! Pharmacists offer tips that could reduce your out-of-pocket drug costs - 3
January’s full wolf supermoon and the Quadrantid meteor shower will start off the new year - 4
Nature: 10 High priority Setting up camp Spots In Europe - 5
'Outrageous and illegal' : UNRWA slams Israel for cutting off its water, comms and electric in Gaza
Toddler diagnosed with cancer makes remarkable recovery after aggressive treatment
Vote in favor of your Number one Sort of Cap
Lilly becomes first healthcare firm to join trillion-dollar club, Wall Street reacts
Unfathomable and Entertaining Legal disputes That Surprise everyone
Journey through Pages: A Survey of \Plunging into Scholarly Universes\
‘Everybody Loves Raymond: 30th Anniversary Reunion’ premiere date: How to watch, channel, time, cast and more
Washington state experiences historic flooding as Skagit River hits record high level. See flooding maps, highway closures and forecasts.
JFK's granddaughter Tatiana Schlossberg reveals terminal cancer diagnosis
6 Asian Urban areas to Visit













