SPIRITED THINKING SINCE 1888
Vatican finances
March 24, 2021
Curial cardinals will take a 10% pay cut, while other department heads will take an 8% reduction, and lower-level officials who are clerics and/or religious will see 3% less in monthly pay. Laity, clerics, and religious will all face pay freezes – even those not subject to pay cuts – for two years.
February 18, 2021
According to a press release, the virtual assembly focused on the Holy See’s annual budget for the current year, presented by Spanish layman Maximino Caballero Ledo, who was appointed to the number two position in the Secretariat for the Economy in August.
January 18, 2021
Cecilia Marogna faces extradition to the Vatican from Italy for allegedly misappropriating €575,000 from the Holy See
December 28, 2020
Under the new law, APSA will gain ownership of funds, bank accounts, and investments, including real estate, previously administered by the Secretariat of State from Jan. 1, 2021. 
November 05, 2020
The sweeping nature and speed of the moves is by Roman standards breathtaking -- and raise questions about the shape of the broader curial reform.
October 01, 2020
Vatican deficit smaller than last year, while struggles continue to implement reform, achieve transparency
September 30, 2020
The Moneyval review is to assess the effectiveness of the Vatican's most recent measures for the prevention of money laundering and the financing of terrorism.
June 05, 2020
Several churchmen have been named in connection with the Sloane Avenue affair, including Cardinal Angelo Becciu.
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