Counterfeit Euros May Trigger Headache for Cash-Loving Germans
- National 8.7% rise compares with drop in euro-area as a whole
- Bundesbank expects new 50-euro banknotes to reduce forgeries
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This news might not sit well with cash-loving Germans.
The number of counterfeit euro banknotes in Europe’s largest economy rose by 8.7 percent in the first six months of this year, even as they declined in the euro region as a whole. According to a Bundesbank report published Friday, this means about one note per 1,000 inhabitants in Germany is a fake.