Last article of section "Economy and Business"
Jesuit Father Federico Lombardi, director of the Holy See Press Office blasted an article on the Vatican's financial reform published by Italian news magazine L'Espresso, calling it "undignified and petty." The article in question claims to show an internal document that shows struggles within Curia members regar...read more
Articles from section "Economy and Business"
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Pope Francis has named a serving monsignor in Portsmouth, England, to assist the coordinator of the new Vatican Council for the Economy. Msgr. Brian Ferme will become prelate secretary of the …read more
Pope Francis appointed on Saturday eight cardinals and seven expert laypersons to the new Council of the Economy – a quasi-Ministry of Finance for the Vatican that Pope Francis established …read more
Cardinal George Pell, Archbishop of Sydney, Australia, has said he is “deeply honoured” to be appointed prefect of the newly created Secretariat for the Economy. The Vatican announced …read more
In the face of poor economic forecasts and budget shortfalls, the Holy See is to take various measures to reduce expenditure. These include a hiring freeze, non-renewal of temporary …read more