The European Central Bank (ECB) released, on Monday 29 January, its annual statistics on counterfeit euro banknotes.
The ECB reports that in 2023, 467,000 counterfeit euro banknotes were withdrawn from circulation.
In 2023, 16 counterfeit notes were detected for every million genuine notes in circulation. This is one of the lowest levels observed, as a proportion of total banknotes in circulation, since 2002. However, this marks a very slight increase on the previous two years (12 notes per...