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An Istanbul prosecutor on Nov. 28 initiated an investigation into allegations that counterfeit $50 and $100 banknotes have been circulating in the Turkish market.

The Central Bank of Cyprus on Monday calledfor caution over the circulation of counterfeit $100 banknotes in the Cypriot market.

Police in the northwestern city of Grevena have arrested a 22-year-old man on suspicion of currency forgery.

In a search of the man's car and home, officers found 85 banknotes with a face value of 15,000 euros, a small mount of cannabis and a knuckleduster.

The man was led before a prosecutor, while police are continuing their investigation.

Greek police's internal affairs division arrested on Thursday a border guard for repeatedly stealing money from his colleagues at a pre-departure detention center for migrants in northern Greece.

The officer took advantage of the brief absence of his colleagues, searched their backpacks and removed sums of money, leaving some cash so that the loss would not be detected, police said. 

As Bulgaria inches closer to potential entry into the Eurozone, a closer examination of the nation's banknote circulation provides valuable insights into its monetary landscape.

The Central Bank of Cyprus highlighted in a report that the 10-euro banknote is the most counterfeited bill, making up 40.8% of all counterfeit money circulating on the island.

The patch of irregular vertical lines that revolutionized checking out at the supermarket and facilitated the globalization of retail is turning 50.

But as the barcode celebrates its birthday today, its days might be numbered as it faces competition from the younger QR code, the information-filled squares used in smartphones.

Turkish police last year launched a total of 176 operations against 101 organized crime rings, detaining nearly 2,400 suspects.

Those operations carried out by the police force's smuggling and organized crime unit in 46 province, targeted mafia-like groups.

A 65-year-old public hospital doctor in Attica was arrested on charges he received a bribe from a patient in exchange for treatment, authorities said on Tuesday.

He was nabbed on Monday inside a hospital while in possession of an amount in pre-marked banknotes that he had received from the patient.

Police have filed a case against him.

Bulgarian National Bank (BNB) is putting in circulation a new series of banknotes, which has a face value of BGN 5. The bill will be in circulation from September 4th as legal tender, the institution said.