Counterfeit Euros Detected in 2012

Financial authorities in the European Union detected 184,000 counterfeit euro coins in 2012. The number of fake coins removed from circulation was 17 percent higher than the 157,000 fakes removed in 2011.

The most counterfeited coin was the 2-euro domination, which represented 2 out of ever 3 counterfeit euro coin.

Authorities detected 531,000 counterfeit euro banknotes across the EU in 2012, which was 12.4 percent less than the 606,000 counterfeit notes that were removed from circulation in 2011.

Source:  Karafillis Giannoulis, “More counterfeit euro coins removed from circulation,” New Europe, February 11, 2013.