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Image header Agence Europe
Europe Daily Bulletin No. 11074
Contents Publication in full By article 33 / 37
ECONOMY - FINANCE - BUSINESS / (ae) euro

Ministers endorse directive on tackling counterfeit currencies

Brussels, 07/05/2014 (Agence Europe) - On Tuesday 6 May, EU finance ministers adopted a directive to improve protection of the euro and other currencies against counterfeiting by introducing uniform minimum criteria for criminal sanctions prison sentence.

The directive includes measures to boost cross-border investigations and common maximum sentences of eight years for manufacturing counterfeit currencies and five years for distributing counterfeit currencies. The rules will allow the...

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