The European Central Bank (ECB) has announced a rise in forged Euro notes in the first half of this year.
413,000 forged notes were detected and were withdrawn from circulation. That is a rise of 17% compared to the second half of 2008.
According to the ECB, this is all due to a big spread of certain types of counterfeit money.
This means there is an augmentation in existing types of forged notes, not an augmentation of new types of counterfeit banknotes.
Considering the total amount of euro notes in circulation -12.5 billion euros- the amount of forgeries stays modest according to the ECB.
Matthias De Smet
2 opmerkingen:
augmentation --> rise
no new par. after every stce --> makes the text less coherent
The European Central Bank (ECB) has announced a rise in forged Euro notes in the first half of this year.
413,000 forged notes were detected and were withdrawn from circulation. That is a rise of 17% compared to the second half of 2008.
According to the ECB, this is all due to a big spread of certain types of counterfeit money.
This means there is an augmentation in existing types of forged notes, not an augmentation of new types of counterfeit banknotes.
Considering the total amount of euro notes in circulation -12.5 billion euros- the amount of forgeries stays modest according to the ECB.
Data Source: ECB
Article Source: Knack
Matthias De Smet
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