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Merz to Propose Measures to Curb Record Fuel Prices

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Story summary
  • Chancellor Friedrich Merz announced his government will propose measures to curb record fuel prices.
  • ADAC recorded a nationwide average petrol price of €2.286 per litre, a record.
  • Economy Minister Katherina Reiche rejected a price cap and favored direct payments to low-tax households.
  • SPD secretary Tim Klüssendorf called for a fuel-price cap, excess-profit tax and price transparency.