
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
New method spots signs of Earth's primordial life in ancient rocks - 2
Portable Installment Answers for Independent ventures - 3
Go With The Breeze: Grand Paragliding Spots On the planet - 4
Mexican Woman Accused of Assaulting Partner With Belt After He Refused Sex, Police Say - 5
Instructions to Pick the Right Senior Protection Plan.
Home Machine Basics: An Exhaustive Purchasing Guide
Whale stranded in the Baltic Sea swims free again. It still faces a tough task
The Response to Fake General Knowledge: Investigating the Eventual fate of artificial intelligence
When fake data is a good thing – how synthetic data trains AI to solve real problems
A 3-limbed Kemp's ridley sea turtle is now being tracked at sea by satellite
Artemis II's moonbound toilet is working again to astronauts' relief after overnight fix
Dirty soda started as a Mormon alternative to booze. Now it's everywhere.
Energy security rifts widen in Europe
Luigi Mangione‘s lawyers say Bondi’s death penalty decision was tainted by conflict of interest













