Banking

Eurosystem sees small rise in counterfeiting over 2024

















































Eurosystem sees small rise in counterfeiting over 2024 – Central Banking




€20 and €50 notes stay the most well-liked denominations to copy


Euro analysis

The European Central Financial institution recorded a small enhance within the variety of counterfeit euro banknotes in circulation final yr.

The preferred to manufacture had been the €20 and €50 notes, which accounted for greater than 75% of all notes that the ECB withdrew from circulation, the financial institution mentioned in a press release in the present day (February 21). Some 97.8% of all counterfeits had been discovered within the eurozone, whereas 1.3% had been submitted from non-euro-using European Union member states and 0.9% from “different elements of the world”.

The ECB

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