ECB reports historically low counterfeit volumes

25-euros

The European Central Bank has reported a 17.7% drop in counterfeits for 2020, with a small proportion being reported outside of the euro area.

Only 460,000 euro banknotes were withdrawn from circulation last year, in comparison to 559,000 withdrawn in 2019. This equates to 17 counterfeits being detected per 1 million in circulation – a historic low for the central bank.

A significant drop was seen in the second half of the year when only 220,000 banknotes were removed from circulation; in 2019

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: