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Germany imposes measures to curb fuel price hikes, fines of up to 100,000 euros for violators

2026-03-26 22:10:10Kosova&Bota SHKRUAR NGA REDAKSIA VOX
Germany imposes measures to curb fuel price hikes, fines of up to 100,000 euros
Germany adopts measures to curb rising fuel prices

The German Bundestag today approved a package of new measures to curb the rise in fuel prices, in response to their sharp increase due to the war in Iran.

Under the new law, gas stations will only be able to increase prices once a day, at 12:00 noon, while reductions are allowed at any time.

Violators will face fines of up to 100,000 euros.

The measures also include tightening antitrust legislation, forcing oil companies to objectively justify any significant price increases.

The Federal Anti-Cartel Authority will have the power to intervene immediately in the wholesale market to stop abuses.

The law was supported by the ruling coalition parties CDU/CSU, SPD and the Greens, although the latter warned that the measure could increase dependence on fossil fuels.

Meanwhile, The Left and the Alternative for Germany (AfD) voted against, calling the package a "simulation" of measures.

The Federal Council is expected to approve it tomorrow, so that the new rules can come into force at the beginning of April. The package will be reviewed after a year.

The German government is also preparing additional measures, such as reducing VAT at gas stations, imposing a tax on excess profits of energy companies, and the possibility of capping prices or reducing tariffs for trucks.

Economy Minister Katerina Reiche said she is also open to a temporary increase in the travel fee, which is currently 38 cents per kilometer.

“It is important to send a message to those who depend on their cars,” Reiche said, adding that a possible reduction in the electricity tax for everyone is also being discussed.


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