Days before trip, Pope's envoy in Iraq tests positive for COVID
- Feb 28, 2021
Council for the Economy
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Vatican projects nearly 50M-euro deficit due to COVID losses
- Feb 19, 2021
The Vatican said Friday it expects a deficit of nearly 50 million euros ($60.7 million) this year because of pandemic-related losses, a figure that grows to 80 million euros ($97 million) when donations from the faithful are excluded.
A grounded pope spent 2020 trying to clean house on Vatican finances
- Dec 23, 2020
With no international trips this year due to the coronavirus pandemic, the prolonged immobility provided Pope Francis some much-needed time to focus on cleaning out his own backyard, perhaps most notably when it comes to money.
Pope’s deep-pocket friends may explain sangfroid about money woes
- Dec 20, 2020
Does anyone seriously believe that the pope’s new corporate BFFs, with $10.5 trillion in assets at their disposal, couldn’t help cover a $60 million deficit in a pinch?
Take-aways from the Vatican’s ‘Thursday Thunder’
- Aug 8, 2020
For the whole Catholic world, August 15 means the Feast of the Assumption. In Italy, it also means ferragosto, the traditional summer holiday that sees the whole country head to either the beach or the mountains, or both, roughly from the second week of August until early September.
New appointees to Francis’s financial powerhouse signal progress of women
- Aug 7, 2020
The recent appointment of six women to the Vatican’s chief financial body has been praised as a significant stride in Pope Francis’s consistent insistence that more women are needed in leadership roles.
German cardinal Marx a lightning rod in Francis’s papacy
- Jan 5, 2019
German Cardinal Reinhard Marx’s recent comments on priestly celibacy are merely the latest chapter of his role as a protagonist in the Francis papacy.
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