EURO COUNTERFEITING
February 1st, 2003 BY KEITH NUTHALLTHE EUROPEAN Central Bank has reported that the number of counterfeit Euro banknotes removed from circulation rose to 145,153 in the second half of 2002, compared with just 21,965. The Euro 50 note was the most popular for counterfeiters, with 121,826 fake notes being discovered, compared with 11,522 Euro 20 notes and 8,046 Euro 100 notes. The bank claimed it was less than a quarter of the numbers declared by Euro area banks for national currencies in 2001, "on account of the newness of the currency, the information campaigns on the Euro banknotes ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.