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In the first half of 2018, the European Central Bank (ECB) withdrew 301,000 counterfeit euro banknotes, 17.1% less than in October-December 2017. Counterfeits are often denominated in cuts of 20 and 50 euros.
In addition, compared to the first half of last year, the number of counterfeit bills in the countries of the currency was reported to the ECB Interfax-Ukraine . the block fell by 9.1%
Among the counterfeit notes, the most important part is that of the 20 and 50 euro banknotes, ie 83% of the detected counterfeits. Third – a denomination of banknote of 100 €, whose share in the forgery is 10.9%. The number of counterfeiters is extremely low compared to the number of actual banknotes, which has steadily increased at rates exceeding GDP growth.
"The probability of obtaining a counterfeit denomination is not very high.", – notes the ECB.
In 2017, the number of outstanding Eurobanks grew by 5.9%, and their value by 4%. In total, in the euro area, more than 21 billion denominations of the single currency total more than 1.1 trillion euros
According to the Bundesbank, the German authorities seized in the first half 31.1 thousand fake bills of 1.8 million euros. According to Johannes Beerman, member of the board of the Bundesbank
in Germany, counterfeit bank notes of 50 euros are often fake, or 72% of all counterfeits.
At the same time, in Estonia, the number of discoveries increased during the year At the same time, counterfeit coins in Estonia were 20% lower than those of one year ago before – that is to say only in 39 cases. In total, in January-June, 1,159 counterfeit euro banknotes were discovered in the country, 912 more than a year earlier
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