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Money Held in Deposits Awaits Better Use – to Be Invested in Housing
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Residents keep almost 27 billion euros in deposits, according to statistics from the Bank of Lithuania (LB). This is often emphasized to emphasize that residents do not invest money, but Mindaugas Vijūnas, Head of Administration and Chairman of the Board of the Lithuanian Central Credit Union (LCKU), notes in the "Mano pinigų" podcast that not all money is intended for investment, everyone should have some quickly accessible funds that are suita…
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