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2025/0258(COD)E1st reading – Council of the EU

Pericles V exchange, assistance and training programme for the protection of the euro against counterfeiting 2028–2034

With the Council of the EU, which is preparing its first-reading position.

Last active 05 Jun 2026

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What this bill does

In plain terms: what it changes and who it affects.

This bill funds EU training, exchanges and assistance to help authorities prevent and fight euro counterfeiting from 2028 to 2034.

Who it affects

It affects people and businesses using euro cash, who can lose money from counterfeits, and authorities combating euro counterfeiting in the EU and abroad.

Core of the proposal
  • Creates the Pericles V programme for 2028–2034 with a EUR 7 million indicative budget.
  • Funds information exchange, staff exchanges, training, technical assistance, studies and operational support.
  • Allows equipment purchases for specialised third-country anti-counterfeiting authorities, but not as standalone grant actions.
  • Requires funded actions to involve at least two countries and two relevant professional groups.
Key provisions
Takes effect
It enters into force on the twentieth day after publication in the Official Journal and applies from 1 January 2028.
Transitional law
Pericles IV actions continue under Regulation 2021/840 until closure, and Pericles V funds may cover transition assistance costs.
Articles changed · 1 across 1 law
  • Regulation (EU) 2021/840 (32021R0840)
    • entire act: repeals the entire regulation with effect from 1 January 2028

Latest update

10 Jun 2026

The most recent development in this bill's progress.

1st reading – Council of the EU → 1st reading – European Parliament

1st reading – Council of the EU1st reading – European Parliament

Documents

1 recent

SourcesOEILEUR-LexEU Law Tracker