Importantly, even though the policy rate is the same for all EA member states, non-standard monetary policy measures have benefited banks in jurisdictions which have been most severely hit by the crisis. In this sense, the non-standard measures of the ECB have addressed the different funding and stress conditions of the banking system in the euro area.
Revenue, deriving in essence from the implementation of a common external import tariff structure for the Union and from excise taxes collected, is apportioned among the member states in accordance with a formula which has three components: namely, a customs component, an excise component and a development component.