From food to gasoline, Europe strives to stabilize price shocks caused by the Iran-Israel war
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On March 11, the German Minister of Economy announced that Germany will limit the frequency of price changes at gas stations to only once per day. Greece will set a cap on the profit margins of fuel and groceries over the next three months; meanwhile, Italy plans to use the additional VAT revenue generated from rising fuel prices to ease the burden on consumers and punish companies that profit excessively from the crisis. Expand
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