Vatican budget

Vatican braces for 2022 deficit as donations drop in wake of financial scandal

By Claire Giangravé — January 28, 2022
VATICAN CITY (RNS) — The Vatican has struggled to attract donations due to financial scandals that have led to a loss of credibility among faithful.

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.

Vatican Bank needs more transparency, regulators say

By David Gibson — July 18, 2012

(RNS) The scandal-plagued Vatican Bank still has a long way to go in order to comply with international standards for independent oversight and financial transparency, according to a status report from European officials released Wednesday (July 18). By David Gibson.

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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