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The Vatican faces a budget crisis, primarily relying on declining donations and an under-performing real estate portfolio.
The Vatican is located within the city of Rome ... The Holy See continues to face financial challenges, with recent annual deficits estimated between $80 billion and $90 billion.
this Catholic sovereign city-state's financial and economic challenges wait to be addressed. It may take more than American ingenuity to accomplish that. Located in Rome, the Vatican encompasses 110 ...
Nearly 90% of it went to Vatican operating expenses. The next Pope, meanwhile, will face a host of financial challenges as Francis’ reforms remain unfinished. There is still infighting between ...
The world's smallest sovereign state, Vatican City, is facing a substantial budget crisis, with its central government, the ...
We have a new pope, but the challenges he faces are not ... as the public face of Vatican financial scandals and corruption — convicted criminal Cardinal Becciu — tried to force his way ...
Fitzgerald, who spent his career in real estate private equity, said American donors — especially the younger generation — expect transparency and accountability from recipients of their money, and ...
Despite the vast reach and influence of the church, the Vatican has faced financial challenges in recent years. The task will now fall to Leo XIV, whose leadership at the Vatican began immediately ...
Robert Prevost, once a bishop in Peru known for his make-do spirit, now faces the Vatican's financial challenges under Pope Leo XIV. As the first American pope, Leo must address deficits, pension ...
Cardinal Becciu is the face of the financial scandals plaguing the Curia. A crucial but perilous undertaking for Pope Leo XIV. Our exclusive investigation. In the early morning hours of May 6th, a ...