Lay accountability group finds 30% of local Churches either not providing any information online or posting only unaudited reports
In wake of corruption scandals, Francis shifts financial authority away from Secretariat of State to Administration of the Patrimony of the Apostolic See
In new interview, Francis acknowledges “undeniable” fact of mismanagement of Holy See finances, reaffirms desire to clean house: “The plan is simple: to keep going and not stop”
After 18 years at the helm, Archbishop of Avignon trying to “save face” seven months out from likely retirement, laypeople denounce
“The Church has to be courageous. It has to live off what everyone else lives off: not off religious belief, but off work and productiveness”
The promotion of a “clean finance in which the ‘merchants’ are prevented from speculating in that sacred ‘temple’ which is humanity” is a cause “particularly dear to my heart”, Pope Francis said on Thursday to evaluators of the Moneyval Programme visiting the Vatican for an inspection.
Pope Francis on Monday reflected on the serious and crucial challenges posed by the coronavirus pandemic in the social and economic field that, he said, demand a generous and ethical response on the part of those tasked with business management and economic development.
“The vineyard is the Lord’s, not ours. Authority is a service, and as such should be exercised, for the good of all and for the dissemination of the Gospel”, Francis pleads at the Angelus
The Vatican ‘economy minister’ has called for “transparency” around shady Church investments, and has admitted that “it is possible that the Holy See has been cheated”.
Vatican Secretary of State Cardinal Pietro Parolin received members of the Committee of Experts on the Evaluation of Measures against Money Laundering and the Financing of Terrorism (Moneyval) of the Council of Europe, which began its evaluation visit to the Vatican on Wednesday.
A cardinal who was fired by Pope Francis Thursday caused a “huge black hole” in Church finances by funnelling funds to offshore investments and family businesses, according to a media report.
Pope Francis has accepted the resignation of Angelo Becciu as a cardinal and as the prefect of the Vatican saints’ department.
A recent action by the United States Conference of Catholic Bishops (USCCB) suggests that it is rebranding itself as the US Conference of Censoring Bishops.
Pope Francis has wasted no time in accepting the resignation of an archbishop in Poland mired in controversy, sidelining him on the day of his 75th birthday, when bishops are required by canon law to offer their retirement.
Is the fact of more women on the Vatican economic council a “progressive step” from the Pope or just a “fig leaf” covering up inequality?
The Vatican is facing more pushback on its new parish instruction, this time from the Church in Malta on the subject of fees for the sacraments.
The new layman ‘number two’ in the Vatican ‘economy ministry’ wants to challenge the perception that “only priests and nuns matter in the Church”.
In a press release issued on Monday, the Institute for Works of Religion (Istituto per le Opere di Religione, or IOR) – commonly known as the ‘Vatican Bank’ – announced a doubling of its profits in 2019 to 38 million euros, up from 17.5 million in 2018.
A tone-deaf Spanish Bishops’ Conference has spent money on a 20-page newspaper ad to ask people for more money.
Pope Francis has published an Apostolic Letter creating legislation to govern the awarding of the public contracts of the Holy See and Vatican City State, which shall follow the principles of transparency, centralised control, and competition to reduce the risk of corruption.
The Vatican has put into action in Switzerland its promise of “rigour, clarity and sobriety” in its finances.
Father Juan Antonio Guerrero Alves was appointed just a few months ago as Prefect of the Vatican Secretariat for the Economy.
The Vatican is projecting a coronavirus-related loss of up to 146 million euros, according to a media report.
The Holy See Press Office announced April 15 that Cardinal Pietro Parolin, the Vatican Secretary of State, has appointed a new director and deputy director of the Vatican Financial Information Authority (AIF).
The Vatican is planning staff and other cost cuts to cover an 11 million euro coronavirus financial black hole.
Matteo Salvini’s uses — and abuses — of religious symbols haven’t failed to attract attention. Some consider them comparable to the politicised Evangelicalism found in the US, while others see them as merely a populist ploy to appeal to the masses.
The Nunciature in Poland has said it has “no information” on reports of a supposedly imminent Vatican investigation of the Archbishop of Gdańsk.
Last October the Vatican judiciary launched an investigation into financial and real estate investments which led to the suspension of five Holy See employees.