Wednesday, March 29, 2006
EU Finds More Fake Euro Coins, Illegal Workshops in East Europe
The European Union said there may be more than 10 million fake euro coins in existence after uncovering illegal workshops last year in Bulgaria, Hungary and Poland.
The European Commission said 96,000 counterfeit euro coins were removed from circulation last year, an increase of 29 percent from 2004, according to a statement in Brussels today. While that compares with 63 billion genuine coins, the commission said it planned to ``enhance'' efforts to clamp down on counterfeiting. READ ON