Loading
Mission of Vatican bank a key point in cardinal meetings
Fr. Federico Lombardi in the Vatican Press Office Feb 26, 2013. Credit: David Uebbing/CNA.
Fr. Federico Lombardi in the Vatican Press Office Feb 26, 2013. Credit: David Uebbing/CNA.

.- Spokesman Father Federico Lombardi says that the council of eight cardinals spent their second day of meetings discussing the so-called “Vatican Bank,” however no decisions have yet been made.

The council was chosen by Pope Francis to advise him on matters of church governance and curia reform, and are meeting with the pontiff for the third time following an initial meeting in October, and a second in December. This week's meetings began on Feb. 17, and will conclude on Feb. 19.

During the Feb. 18 press briefing, Fr. Lombardi revealed that after meeting with the Commission for Reference on the Organization of the Economic-Administrative Structure of the Holy See yesterday, the cardinals continued today by hearing reports from the Institute for Works of Religion (IOR), commonly referred to as the Vatican Bank.

Noting that Vatican Secretary of State and soon-to-be cardinal Pietro Parolin was present and will be for the remainder of the meetings, Vatican Radio reports that the cardinals began the day as usual by celebrating Mass with the Holy Father in the Vatican’s Saint Martha guesthouse.

Following the Mass, the council of eight met at 9:30 a.m. in the same room as yesterday, where they listened to reports from representatives of the Pontifical Commission for Reference on the IOR.

This commission was initially called as the result of the Pope's desire to learn in more detail both the legal position, and the activities of the institute in order to create a greater harmony between the latter with the mission of the universal Church and the Apostolic See.

It was also done within the wider context of reforms involving some of the institutions that offer support to the Apostolic See, Vatican Radio reports, noting that the task of the commission is to gather information on the functioning of the institute and to report the results to the Pope.

According to the news agency, the presentations provided were received “with great interest by the cardinals,” and centered on giving information on the current situation of the Institute and the problems that it must face.

One of the main areas of discussion was the mission of the IOR as it relates to the actions of the Church in the world, both within and outside of an economic perspective. Although suggestions were offered by the cardinals for future changes, no decisions were made.

Attending the session this morning was the commission’s president, Cardinal Raffaele Farina, its coordinator Bishop Juan Ignacio Arrieta Ochoa de Chinchetru, its secretary Msgr. Peter Bryan Wells, Cardinal Jean-Louis Tauran, who is a member.

Fr. Lombardi, states Vatican Radio, commented on the importance of understanding, given the work of the two commissions, that their aims are different, but that both fit within the “contextual reality of the Holy See.”

It is for this reason, Fr. Lombardi noted, that Pope Francis desires to have an overall view regarding the re-organization of the Vatican Bank’s governance and structures.

The council of eight cardinals will continue to meet in the afternoon, and will conduct their final day of meetings tomorrow with the council of fifteen, who are currently preparing for the upcoming Synod of Bishops dedicated to the family.

Tags: Vatican Bank


Ads by AdsLiveMedia(What's this?)

* The number of messages that can be online is limited. CNA reserves the right to edit messages for content and tone. Comments and opinions expressed by users do not necessarily reflect the opinions or beliefs of CNA. CNA will not publish comments with abusive language, insults or links to other pages

RESOURCES »

Ads by Google (What's this?)

Featured Videos

Pilgrimage from Czech Republic to Assisi and Rome for intentions
Pilgrimage from Czech Republic to Assisi and Rome for intentions
Testimony of young Indian who met Pope in Korea
Preparations of the Closing Mass of 6th Asian Youth Day
Missionary of Charity, Korea
Testimony of Christian Love during Pope's Visit to Korea
Religious Sisters in South Korea react to Pope Francis kissing a baby
Warm atmosphere during Holy Mass at Daejeon World Cup Stadium
Images inside Pope Francis flight to South Korea
The tombs of the early Christians
Missionaries of Africa, called "the White Fathers"
Italian youth give testimony after mission to Peru
Interview with Iraqi Ambassador to the Holy See on the persecution of Christians
New book 'The Vatican unknown'
A Look at India from Rome
3D Church mapping
#PAUSEforPeace Initiative
Dedicating art to San Juan de la Cruz
A state without territory elects new government
The renewal of the Legionaries of Christ
Presentation of the book "The Pastor"
Aug
22

Liturgical Calendar

August 22, 2014

The Queenship of the Blessed Virgin Mary

All readings:
Today »
This year »

Catholic Daily

Gospel of the Day

Mt 22:34-40

Gospel
Date
08/22/14
08/19/14
08/18/14

Daily Readings


First Reading:: Ezek 37: 1-14
Gospel:: Mt 22: 34-40

Saint of the Day

Queenship of Mary »

Saint
Date
08/19/14

Homily of the Day

Mt 22:34-40

Homily
Date
08/22/14
08/19/14
08/18/14

Ads by AdsLiveMedia.com

Ads by AdsLiveMedia.com
     HTML
Text only
Headlines
  

Follow us: