
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
How Much Has the Iran War Cost the Average American Per Day? - 2
Was This Driver Simply Having A great time Or Behaving Like An Ass? - 3
Iran, Hezbollah fire rockets at Israel during Passover celebrations - 4
Russia accidentally destroys its only way of sending astronauts to space - 5
3 Italian City Cars That Outsmarted Regulations and Rivals
Travels to Dream Objections in Europe
Artemis 2 astronauts fly around the moon in record-breaking lunar loop by NASA
Dramatic Dominance d: A Survey of \Feelings in front of an audience\ Theater Play
Which Diet Prompts the Incomparable Wellbeing Results?
This Miraculous, Cliff-Perched Town In The South Of France Is A Sacred European Gem
Savvy Watches: Which One Is Appropriate for You?
Discussion on deployment of foreign troops ongoing, two sources tell 'Post'
75% of US adults may meet criteria for obesity under new definition, study finds
My Enterprising Excursion: Building a Startup












