economy

A general strike at 9 airports and gasoline prices soar to their highest level in the country

Lufthansa faces fresh disruption to its operations this week, as the cabin crew union UFO has announced a one-day general strike for tomorrow (Friday), the third labor disruption the company has experienced in just two months.
Departure flights

The strike, which will begin at 12:01 a.m. and last until 10:00 p.m. local time, includes all departure flights from Frankfurt and Munich airports belonging to the company's main brand, as well as one of its other subsidiaries, with the stoppage extending to nine other German airports where the latter operates.

On the other hand, data released by the European Commission showed that gasoline prices in Germany have risen much faster than in neighboring EU countries in recent days.

During the period from March 30 to April 6, the price of gasoline in Germany rose by about 11 euro cents (12 US cents), while it rose by a few cents in most neighboring countries. The price in Denmark rose by 9 euro cents, while prices fell in Poland and Austria during the same period, thanks to government measures.

Price increase

The period covered by the data was characterized by Germany’s implementation of the new “noon rule,” which prohibits fuel prices in the country from increasing more than once a day, and requires that the daily price be announced at noon, while allowing the price to be reduced any number of times a day.

Critics of this policy in Germany, which is derived from Austria, warned that it could lead to higher prices rather than lower ones, and said it could prompt gas stations to raise prices even further in the middle of the day in anticipation of not being able to raise them again during the day if global prices increase.

The German airline is facing a new disruption in its operations this week, as the flight attendants' union “UFO” announced a comprehensive one-day strike tomorrow (Friday), marking the third labor disruption the company has experienced in just two months.
Departures

The strike, which will begin at 12:01 AM and last until 10:00 PM local time, will affect all departure flights from the Frankfurt and Munich airports operated by the company's main brand, as well as one of its other subsidiaries, with the stoppage extending to nine other German airports where the latter operates.

On another note, data from the European Commission has shown that gasoline prices in Germany have risen much faster than in neighboring EU countries in recent days.

From March 30 to April 6, gasoline prices in Germany increased by about 11 euro cents (12 US cents), while they rose by only a few cents in most neighboring countries. In Denmark, prices increased by 9 euro cents, while prices in Poland and Austria decreased during the same period, thanks to government measures.

Price Increases

The period covered by the data was characterized by Germany implementing the new “noon rule,” which prevents fuel prices in the country from increasing more than once a day, with the daily price announced at noon, while allowing for price reductions any number of times throughout the day.

Critics of this policy in Germany, derived from Austria, have warned that it may lead to price increases instead of decreases, stating that it could push gas stations to raise prices more significantly in the middle of the day in anticipation of not being able to increase them again later in the day if global prices rise.

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