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The Vatican faces a budget crisis, primarily relying on declining donations and an under-performing real estate portfolio.
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 ...
The world's smallest sovereign state, Vatican City, is facing a substantial budget crisis, with its central government, the ...
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 ...
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 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 week on “Inside the Vatican,” hosts Colleen Dulle and Gerard O’Connell and producer Ricardo da Silva, S.J., answer ...
Other departments shrugged off the modern-day challenge of balancing ... Picture: AFP Files The Vatican developed a reputation for murky financial practices, and the Vatican Bank was plagued ...
For over a decade, Francis had struggled to bring some transparency to the Vatican’s shadowy balance sheet. Now, in the final weeks of his life, advisers were filtering in and out of his austere ...
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 ...