As of the second half of 2019 , 96.4 percent of counterfeit euro notes were withdrawn from circulation in euro area countries , with a further 3 percent being found in other EU member states outside the euro area.During the second half of 2019 more than 300 thousand counterfeit euro banknotes were withdrawn from circulation , over 70 percent of which were denominations of 20 euros and 50 euros notes .