Software Updates Unavailability
Regarding the 100 & 200 Euro updates, we made evaluations of machines for which there will be no more software updates availablemore
The new €100 and €200 banknotes
The new series of banknotes has been introduced gradually across the euro area over the past few yearsmore
20,00 Euro Banknote
On 02.24.2015, the ECB has announced that the new 20 Euro banknotes will enter circulation on 25.11.2015more
On Latvia's first 2€ coin of special design
The Council of the European Union has approved the design of Latvia's first 2 euro (commemorative) coinmore
The new €10 Banknote
The ECB and the central banks of the euro area countries are to introduce the new €10 banknote in 2014more
Question of the week
Counterfeit money in Europe
30th June 2013
Quantity of counterfeited banknotes by ECB report.
The European Central Bank (ECB) has announced that in the second half of 2012 in countries inside and outside the Euro area, a total of 280,000 counterfeit euro banknotes were withdrawn from circulation. This meant an increase of 11.6% compared to the number of the previous six months from circulation banknotes.
As is the past the 20 € and 50 € banknotes still were the most forged banknotes they account for 82.5 percent of all counterfeited and withdrawn banknotes.
Not included in these statistics are the counterfeits findings last summer with the amount of 9 million Euros in Paris, € 4 million in Peru and other spectacular finds.
The German Federal Bank announced further that during this period nearly 22,500 counterfeit Euro banknotes were registered in Germany. This represents an increase of approximately 18% compared to the 1st Half of 2012. On the first place is the 20 Euro banknotes which accounts 50% of all counterfeited notes in Germany, the next one is the 50 Euro banknote with 34%.
The German Federal Bank pointed out that notes should always be examined carefully, since it is no substitute for counterfeit money. In the test procedure security features should be included, because on several counterfeited banknotes are some security features copied on a high level. That makes it necessary to check more than one feature. Magnifying glasses, test pens or UV lamps do not always have a clear test result. These tools should therefore be better used in combination with the examination of other safety features.