
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
Tech for Efficiency: Applications and Apparatuses to Accomplish More - 2
New 'People We Meet on Vacation' trailer teases Poppy and Alex romance: Everything we know about the new Netflix movie - 3
Find the Advantages of Deep rooted Getting the hang of: Extending Information and Self-awareness - 4
Report: Thailand strikes deal with Iran for safe passage of Hormuz - 5
Instructions to Warmly greet Certainty and Appeal
A definitive Handbook for Securities exchange Money management
4 DSLR Cameras for Amateurs in 2024
Climate engineering would alter the oceans, reshaping marine life – our new study examines each method’s risks
Architect Frank Gehry has died: See his most iconic buildings
Courageous Climbing: Trails and Stuff for Outside Lovers
Excelling at Cash The board: A Manual for Monetary Essentials
Infants will no longer receive hepatitis B vaccine at birth, CDC announces
Getting through a Lifelong Change: Individual Examples of overcoming adversity
Environmental groups urge Germany to cut oil and gas dependence












