Libero Milone is suing the Holy See for 9.3-million euros for unfair dismissal.
Results from Tag: 'vatican finances'
Libero Milone and his former deputy Ferruccio Panicco, who died of cancer last month, filed a $10 million against the Vatican last November for unlawful dismissal.
There are about 5,000 Vatican employees, split between the Vatican City State administration and the Holy See.
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.’
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.
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.
The policy, which continues Pope Francis’ reform of Vatican finances, will go into effect Sept. 1.
The circumstances surrounding the property’s purchase are the focus of an ongoing trial in the Vatican courts.
The watchdog authority is responsible for financial intelligence, as well as combating money laundering and the financing of terrorism.