They may cause problems for people who find them in their wallet but the number of false euro banknotes in the first half of the year was “insignificant”.

The information was released yesterday by the Central Bank.

A total 951 counterfeit euro banknotes were reported until June.

The overall quantity of counterfeits withdrawn from circulation was 10 per cent lower compared with the previous six months but higher than the level reported in the same period last year.

“As a proportion of the estimated number of euro banknotes in circulation in Malta – about 20.57 million on average – the number of euro counterfeits remains insignificant,” the Central Bank said.

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