What Do Pope Francis’ Latest Financial Measures Mean?
There are about 5,000 Vatican employees, split between the Vatican City State administration and the Holy See.
Results from Tag: 'vatican finances'
Pope Francis Cuts Free and Discounted Rent for Cardinals, Vatican Managers
The rescript, which was posted in the Vatican following a Feb. 13 meeting with Pope Francis, says housing perks for high-level Vatican officials are being cut to meet the growing needs of the Church in an economic context ‘of particular gravity.’
Pope Francis Reinforces Centralization of Vatican Finances
The document on the ‘inherent right’ of the Holy See to acquire temporal goods reinforces the Pope’s centralization of the Holy See’s finances.
Former Vatican Auditors Sue Vatican for Damages
Libero Milone and his former deputy Ferruccio Panicco are seeking to clear their name, five years after they say they were wrongfully dismissed.
Show Me the Money: Report Gives Unprecedented Look Into Vatican Finances
The Holy See’s annual report, which indicates a smaller-than-expected deficit but an uncertain future, includes the financial status of previously undisclosed Church entities as part of a trend toward greater transparency.
New Vatican Policy Says Its Investments Must Align With Catholic Teaching
The policy, which continues Pope Francis’ reform of Vatican finances, will go into effect Sept. 1.
Vatican Confirms Sale of London Property at Heart of Finance Trial
The circumstances surrounding the property’s purchase are the focus of an ongoing trial in the Vatican courts.
Vatican’s Financial Watchdog Sees Rise in Suspicious Activity Reports in 2021
The watchdog authority is responsible for financial intelligence, as well as combating money laundering and the financing of terrorism.
The Vatican Finance Trial is Shedding Light on the Secretariat of State
The Secretariat of State, as the central body of the Holy See, was called on not only to manage itself economically and make investments, but also to help the Holy See survive financially.
Cardinal Pell Highlights ‘Somewhat Incomplete’ Account Given by Cardinal Becciu at Vatican Finance Trial
May 6 statement released, reflecting on Cardinal Becciu’s statement at the trial.
