Council for the Economy Archives

German cardinal Marx a lightning rod in Francis’s papacy

Vatican
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.

Vatican spokesman says suspending audit not about ‘blocking reforms’

Church
Apr 26, 2016

“The suspension of auditing activities is not due to considerations linked to the integrity or quality of the work initiated by PwC, let alone the intention of one or more entities of the Holy See to block the reforms in progress”

Is a ‘governance gap’ emerging under Pope Francis?

Church
Apr 24, 2016

There have been reminders that Francis’ success on the global stage is not really matched by comparable breakthroughs as a manager.

Pulling plug on audit means gut-check time for Vatican reform

Church
Apr 20, 2016

When Pope Francis’ landmark project of financial reform was announced two years ago, one lynch-pin was the idea that the world would no longer just to have to take the Vatican’s word for it in terms of how much money it has and where it’s going. Instead there would be a

Why there’s still a case for hope on Vatican financial reform

Church
Nov 8, 2015

This week brought fresh embarrassments for the Vatican on the financial front, raising questions anew about whether Pope Francis’ pledge to impose transparency and accountability can succeed in an institution historically more inclined to cronyism and operating under cover of darkness. It began with the arrest of two Vatican insiders

Pope backs embattled financial reformer with new statutes

Church
Mar 3, 2015

ROME — Pope Francis decided the future of his financial reform on Tuesday, issuing a new legal framework for three key oversight bodies that largely confirm the authority of the man he put in charge of his clean-up operation, controversial Australian Cardinal George Pell. The decision came in the form