Brussels, 17/03/2022 (Agence Europe) – The OECD said on Thursday 17 March that member countries should provide the “targeted, temporary and means-tested” support that is “needed” for those most affected by the rising energy prices exacerbated by the Russian invasion of Ukraine. “These measures could be financed by taxes on the windfall profits of energy companies”, it adds in an evaluation report. According to the organisation, targeted fiscal measures of 0.5% of GDP would significantly cushion the economic impact of the war in Ukraine without unduly fuelling inflation. Ahead of the EU summit on 24-25 March, the European Commission is to make concrete proposals on emergency support measures for vulnerable consumers (see EUROPE 12909/1). The setting of a ceiling for energy prices at European level remains controversial. See the report: https:// https://aeur.eu/f/tk/ (MB)