404 Not Found

The European Central Bank (ECB) has released its half year statistics on counterfeit banknotes, showing a reduction compared to the second half of 2013.

In total, 331,000 counterfeit euro banknotes were withdrawn from circulation during the first half of 2014. This equates to around 0.002% of banknotes in circulation today (16.4 billion notes as at June 30, 2014).

Most counterfeit notes were €20 and €50 denominations, accounting for 81% of all withdrawn counterfeit notes.

The vast majority of counterfeit notes were detected within countries using the euro, with the remaining 1.9% found in EU member states and 0.1% found outside of these areas.

Source: ECB