THE HAGUE, August 29, 2008 (AFP) - Colombian authorities have confiscated fake bank notes with a face value of 11 million euros, the biggest-ever such seizure outside Europe, policing agency Europol said Friday.

The bust in the Colombian capital, Bogota, was carried out by national police supported by Spanish banking investigators and Europol, said a statement by the continental policing body which co-ordinated the operation.

'The operation had an extremely successful outcome when a clandestine print shop was raided while counterfeits of 200 and 500 Euro denominations were being produced,' it said.