
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
Obamacare enrollment declines as US subsidies expire - 2
German-Polish man charged with calling for attacks on top politicians - 3
They died 'doing what they loved': The stories of workers in their 80s who died on the job - 4
Make your choice for a definitive Christmas place to get-away! - 5
Starship success, a private moon landing and more: The top 10 spaceflight stories of 2025
Dominating Capable Mastercard Utilization: Key Contemplations
Thousands of New York City nurses set to strike Monday if deal isn't reached with hospitals
'War is not over': Detailed diagrams of prisons found in cells of Oct. 7 terrorists
U.K. blocks Kanye West from entering Britain to headline now canceled festival: What led to the ban
Extraordinary Shows to Long distance race on a Plane
Landslides triggered by heavy rainfall kill at least 20 people in Tanzania
21 Things You Ought to Never Share with Your Childless Companion
Famous Kitchen Finishing Styles For 2024
Canada Awards C$1.5 Billion Defense Contracts to L3Harris, Airbus











