Mixed messages on Biden reveal not just competing camps, but divided hearts
- Jan 22, 2021
Father Juan Antonio Guerrero
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New law brings needed transparency to finances, Vatican official says
- Dec 29, 2020
A new law that removes financial assets from the control of the Vatican Secretariat of State is a step forward on the path of financial reform, said Bishop Nunzio Galantino, president of Administration of the Patrimony of the Holy See.
With latest shakeup, has the music stopped on Vatican financial reform?
- Dec 29, 2020
Pope Francis has taken away away the power of the purse from the Secretariat of State, traditionally the Vatican’s 800-pound gorilla, and transferred it to the Administration of the Patrimony of the Apostolic See (APSA), the Vatican’s central bank. At the same time, he beefed up the oversight role of the Secretariat for the Economy.
Pope meets Pell: ‘Vindication’ yes, ‘resurgence’ not so fast
- Oct 13, 2020
Monday’s encounter between Pope Francis and Australian Cardinal George Pell marked a vindication for the 79-year-old Australian prelate, but perhaps not a full resurgence.
People have right to know how Vatican uses resources, official says
- Oct 1, 2020
The Vatican’s financial situation must be “a glass house” that displays transparency and honesty, letting Catholics know where its revenues come from and go, said the head of the Secretariat for the Economy.
Facing scandal and debt, Pope shifts into high gear on financial reform
- Jul 1, 2020
Despite the general stall related to the coronavirus over the last several months, it’s been drive time in terms of a financial reshuffle in the Vatican.
Opening salvos in Pope Francis’s financial ‘Reform 2.0’
- May 22, 2020
Pope Francis and his Vatican team this week have moved to try to defuse a financial bomb before it goes off, closing several Swiss holding companies responsible for portions of its assets and reallocating internal control over financial data collection.
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