Counterfeit Euros Seized in Second Half of 2013

in Business Risk, Counterfeit Goods

The European Central Bank stated that 353,000 counterfeit euro bills were removed from circulation in the second half of 2013. The number of fake euros removed was 11.4 percent higher than the amount removed from circulation in the first half of 2013.

There are a total of 15 billion euro banknotes in circulation.

(All counterfeit money statistics.)

Source:  “Euro banknotes will remain paper, not plastic,” Reuters, January 13, 2014.

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