
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
Tzrifin base exhibition reveals Hamas and Hezbollah arms, showing structure behind attacks - 2
Mossad unveils network of Hamas terror infrastructure across Europe - 3
Figure out how to Put resources into Lab Precious stones: A Novice's Aide - 4
Dominating Your Cash: The Fundamental Manual for Overseeing Individual accounting records - 5
Man threatens attack on German high-speed train, injures several
Indian rocket launches record-breaking BlueBird 6 smartphone satellite to orbit (video)
Get To Be familiar with The Historical backdrop Of Western Medication
Defense Minister Katz moves to extend IDF service to 36 months
Songbirds swap colorful plumage genes across species lines among their evolutionary neighbors
Best Internet based Course for Learning Another Dialect: Which Stage Do You Like?
They died 'doing what they loved': The stories of workers in their 80s who died on the job
Spanish bishops and government sign deal for compensation of church sexual abuse victims
Nordic people know how to beat the winter blues. Here's how to find light in the darkest months
When darkness shines: How dark stars could illuminate the early universe













