Peter’s Pence
Vatican financial scandals: Corruption, stupidity or both?
By Thomas Reese — August 1, 2023
(RNS) — A deeply tangled tale must be followed by systemic reform and effective oversight.
Day in court announced for monsignor at the heart of Vatican financial scandals
By Claire Giangravé — October 20, 2022
VATICAN CITY (RNS) — A key suspect turned star witness, Monsignor Alberto Perlasca, will testify Nov. 23 at the Vatican financial trial of the century.
Vatican closes London property sale at a loss after scandal
By Nicole Winfield — July 1, 2022
ROME (AP) — The scandal over the London property has convulsed the Vatican for three years and prompted Pope Francis to strip the secretariat of state of its 600-million-euro asset portfolio, which had essentially operated as a sovereign wealth fund not answerable to rigorous internal or external controls.
Pope’s charitable fund still weighed by financial scandals, costs of Curia
By Claire Giangravé — June 16, 2022
(RNS) — Peter’s Pence, a fund dedicated to the pope’s charitable works, has been at the heart of a Vatican financial scandal.
COVID-19 pandemic has Vatican bracing for $60 million deficit in 2021
By Claire Giangravé — February 19, 2021
VATICAN CITY (RNS) — The pandemic has shrunk donations and closed the high-earning Vatican museums for months.
The Vatican blames market decline for $20 million deficit
By Alessandro Speciale — July 9, 2012
VATICAN CITY (RNS) The Vatican posted its highest loss in more than a decade last year, blaming mostly the "negative trend of global financial markets." But the Vatican City State, which is run by a different administration, reported a sizable profit, thanks to the record numbers of the Vatican Museums. By Alessandro Speciale.
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