Secretariat for the Economy Archives - Page 4 of 5 - Crux



  • Vatican’s old guard may have notched a Pyrrhic victory

    Vatican’s old guard may have notched a Pyrrhic victory

    On Saturday, Pope Francis issued an edict restoring several financial powers to the Administration of the Patrimony of the Apostolic See (APSA), taking them away from Australian Cardinal George Pell and his Secretariat for the Economy. With power, however, also comes the blame if something goes wrong.

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  • Pope Francis recalibrates financial powers inside the Vatican

    Pope Francis recalibrates financial powers inside the Vatican

    Pope Francis on Saturday issued a legal decree intended to create a clear distinction between administration of the Vatican’s financial resources and oversight of that administration. Politically, the result is seen as trimming the powers of Australian Cardinal George Pell and his new Secretariat for the Economy.

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  • Pope Francis confirms Cardinal Pell beyond his 75th birthday

    Pope Francis confirms Cardinal Pell beyond his 75th birthday

    Despite speculation that Cardinal George Pell might step down shortly after his 75th birthday on June 8, Pell’s office said Thursday that Pope Francis has confirmed the Australian prelate as the Vatican’s top financial official until at least 2019. The news came in a statement from Pell’s office in Rome,

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