Vatican Finances

The Latest

Fr. Juan Antonio Guerrero Alves.

Peter’s Pence donations fell by around 15% in 2021, says Vatican

Jan 28, 2022

By CNA Staff

Peter’s Pence is an annual collection to finance the pope’s charitable works and other priorities. Read more

The Institute for the Works of Religion, commonly known as the Vatican bank.

Vatican appeal court confirms former IOR officials liable for mismanagement

Jan 21, 2022

By Andrea Gagliarducci

Paolo Cipriani and Massimo Tulli were ordered to pay around $46 million in compensation. Read more

A hearing in the Vatican finance trial on Nov. 17, 2021.

Interrogation tapes in Vatican finance trial leaked to media

Dec 3, 2021

By Hannah Brockhaus

An Italian newspaper published the footage. Read more

A hearing in the Vatican finance trial is held on Nov. 17, 2021.

Vatican finance trial: Pope Francis’ role in London deal questioned by defense

Nov 17, 2021

By Hannah Brockhaus

The hearing was devoted to requests by defense attorneys to dismiss the case. Read more

The Tribunal of the Vatican City State holds a hearing in a multipurpose room at the Vatican Museums.

Vatican finance trial: What’s happened so far and where is it heading?

Nov 17, 2021

By Andrea Gagliarducci

The Vatican’s ‘trial of the century’ is due to resume today. Read more

Cardinal Angelo Becciu.

Cardinal Becciu says he ‘favored’ home diocese but denies scandal

Nov 15, 2021

By Hannah Brockhaus

He reportedly asked: ‘Why massacre me, my family, this diocese?’ Read more

A finance trial involving 10 defendants opens at the Vatican on July 27, 2021.

Vatican finance trial: Defense says there are ‘omissions’ in video files

Nov 5, 2021

By Hannah Brockhaus

Lawyers representing six of the 10 defendants said: ‘The deposited material is ... still incomplete.’ Read more

Cardinal George Pell gives an interview to EWTN News in Rome, Italy, on Dec. 9, 2020. Credit: Daniel Ibáñez/CNA.

Cardinal Pell: ‘Resistance’ in the Secretariat of State cost Vatican money in London deal

Nov 4, 2021

By Hannah Brockhaus

‘We had the authority to enter, but they prevented us,’ he said. Read more

The Supreme Court of Cassation in Rome, Italy.

Italy’s high court overturns arrest warrant against Vatican broker Gianluigi Torzi

Oct 14, 2021

By Hannah Brockhaus

The case has been sent back to Rome’s Tribunal for Review. Read more

Cardinal (then Archbishop) Giovanni Angelo Becciu aboard the papal flight to Colombo, 2015.

5 things to know about the Vatican finance trial involving Cardinal Becciu

Oct 4, 2021

By Hannah Brockhaus

The second hearing in the historic trial is set for October 5, 2021. Read more

Giovanni Angelo Becciu, former prefect of the Congregation for the Causes of Saints, pictured June 27, 2019.

Cardinal Becciu present at first day of Vatican finance trial

Jul 27, 2021

By Hannah Brockhaus

Becciu is one of 10 defendants in the Vatican’s largest trial for financial crimes in modern times. Read more

Bishop Nunzio Galantino, president of APSA.

Vatican increasing ‘liquid’ assets as it faces financial impact of pandemic, economic officials say

Jul 24, 2021

By Hannah Brockhaus

The Vatican's balance sheet showed a deficit of $78 million in 2020. Read more

Cardinal Reinhard Marx, president of the Vatican’s Council for the Economy.

Vatican economy council meets in person to discuss investment policy

Jul 15, 2021

By CNA Staff

The pandemic has increased the pressure on the Vatican’s already tight budget. Read more

The Vatican flag.

Vatican’s financial watchdog highlights ‘increasing trend’ in reports to Promoter of Justice

Jul 15, 2021

By CNA Staff

The agency said the Vatican compared favorably to other jurisdictions. Read more

In London deal indictment, what is missing has a meaning, too

Jul 7, 2021

By Andrea Gagliarducci

The unprecedented indictment of a cardinal and nine people in the so-called Vatican-London deal is noteworthy as much for what... Read more

Cardinal Giovanni Angelo Becciu, center, in 2015.

Why has a Vatican judge ordered Cardinal Becciu and nine others to stand trial?: A CNA explainer

Jul 3, 2021

By Hannah Brockhaus

CNA's overview of a Vatican finance trial announced to start later this month. Read more