Sharp drop in euro forgeries in first half of 2016: ECB
22 Jul 2016

The number of counterfeit euro banknotes withdrawn from circulation decreased sharply in the first half of 2016, the European Central Bank said on Friday.

A total of 331,000 fake banknotes were removed from circulation in the period from January to June, a drop of 25 percent from the second half of 2015, and 27 percent fewer than in the first half of 2015, the Frankfurt-based institution said in its twice-yearly counterfeits survey.

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