- May 6, 2021
For 2020, the Vatican ran a deficit of $60 million (the data is reported in Euro, so that’s 49.7 million Euro). The total income for the year was $315 million and expenses came to $375 million, hence the deficit.
The Vatican just committed one of the most flabbergasting PR gaffes in recent memory – which, by the way, is saying a fair bit – yet due to the coronoavirus, so far it’s been virtually ignored.
From Pope Francis on down, many are calling for more women in power in the Vatican. But one might as well ask, where are the laymen?
Germany’s Catholic Church said it would review its employment system after top European judges warned it could violate anti-discrimination laws by requiring staffers to be religious.
One important factor insulating the Vatican from attempted reforms is the near-impossibility of firing people, but changing that might require a degree of ruthlessness alien to the system.