Not exact matches
That is all the ECB ultimately did — by refusing to increase the provision of ELA (
emergency liquidity assistance) to Greek banks, the latter were no longer able to
pay depositors who attempted to withdraw their own money.
After you've tended to your immediate
liquidity needs by setting aside some cash for
emergencies, placing money into dividend -
paying whole life insurance can be a good way to build up cash savings.
Cash accounts are used to provide
liquidity to
pay bills, meet immediate cash needs, and provide
emergency funds covering up to 6 months in living expenses.