Finance - Latest News

Speaker will connect national debt, anti-family hostility

Oct 4, 2012 - 04:02 am .- A Denver-area Catholic commentator sees a connection between the national debt crisis and the “growing hostility to faith, family and freedom,” but he also sees hope for change if the country “turns away from the path of economic and social self-destruction.”

Canon lawyer: German Church tax dispute needs more reflection

Sep 27, 2012 - 04:24 pm .- A leading canon lawyer has called for further reflection on the German Church’s decision to refuse the sacraments and Christian burial to Catholics who do not pay the country’s Church tax.

Philadelphia archdiocese auctions priests' vacation villa

Sep 19, 2012 - 04:15 pm .- The Archdiocese of Philadelphia has sold at auction a South Jersey shore vacation villa for elderly priests at a price of $4.5 million, continuing its efforts to meet a major budget shortfall.

New Vatican recruit to help improve financial transparency

Sep 11, 2012 - 10:34 am .- The Vatican has appointed a renowned Swiss lawyer to help it meet international standards of financial transparency, after a largely positive report by the European body that monitors such issues.

Jesuit university to buy Philadelphia archbishop's residence

Sep 7, 2012 - 06:53 pm .- St. Joseph’s University has signed a letter of intent to buy the Archbishop of Philadelphia’s residence from the financially troubled archdiocese at an expected cost of $10 million.

Philly archdiocese financial officer gets prison time in $900,000 theft

Aug 29, 2012 - 12:12 am .- Anita Guzzardi, the former chief financial officer of the Archdiocese of Philadelphia, was sentenced on Friday to two to seven years in prison for stealing over $900,000 from the archdiocese’s general fund over a seven-year period.

Philadelphia archdiocese to sell major properties

Aug 13, 2012 - 01:17 pm .- The Archdiocese of Philadelphia has announced it will sell some of its large real estate holdings, including the archbishop’s residence, to reduce operating costs in the face of a multi-million dollar deficit.

Vatican Bank boss fired over alleged mismanagement

May 25, 2012 - 10:17 am .- The President of the Vatican Bank, Ettore Gotti Tedeschi, has been fired from his post following a vote of no-confidence by the bank's supervisory board.

Pope removes Italian bishop amid fraud accusations

May 22, 2012 - 02:03 am .- Pope Benedict XVI has removed an Italian bishop from ministry following the launch of a police investigation into alleged financial corruption within his Sicily diocese.

Follow us:

Recent activity: