Select Page

Category: Bishop Nunzio Galantino

‘APSA-lute’ transparency: Vatican hopes to quell financial intrigue

by | Jul 26, 2021 | , , , , , , , | 0 |

On the eve of a trial for financial malfeasance connected to the Vatican’s purchase of a property in London, the office that handles most of the Vatican’s investment portfolio, including real estate, made public a summary of its annual budget for the first time.

Read More

‘APSA-lute’ transparency: Vatican hopes to quell financial intrigue

by | Jul 26, 2021 | , , , , , , , | 0 |

On the eve of a trial for financial malfeasance connected to the Vatican’s purchase of a property in London, the office that handles most of the Vatican’s investment portfolio, including real estate, made public a summary of its annual budget for the first time.

Read More

New law brings needed transparency to finances, Vatican official says

by | Dec 29, 2020 | , , , , , , , , | 0 |

A new law that removes financial assets from the control of the Vatican Secretariat of State is a step forward on the path of financial reform, said Bishop Nunzio Galantino, president of Administration of the Patrimony of the Holy See.

Read More

With latest shakeup, has the music stopped on Vatican financial reform?

by | Dec 29, 2020 | , , , , , , , , , , | 0 |

Pope Francis has taken away away the power of the purse from the Secretariat of State, traditionally the Vatican’s 800-pound gorilla, and transferred it to the Administration of the Patrimony of the Apostolic See (APSA), the Vatican’s central bank. At the same time, he beefed up the oversight role of the Secretariat for the Economy.

Read More

Down the barrel of $158 million gun, Vatican reform is coming … but what kind?

by | May 13, 2020 | , , , , , , , , , , , , | 0 |

Change now is inevitable, no matter what sort of resistance the fabled “old guard” may put up, because the Vatican finds itself looking down the barrel of a $158 million gun.

Read More
Loading

Recent Comments

    Categories