Vatican Finances

The Latest

The Vatican flag.

What an upcoming appointment will tell us about Vatican financial reform

Mar 24, 2021

The Vatican’s financial watchdog will soon get a new director responsible for its supervision unit. Here’s what that will mean... Read more

The flag of Vatican City with St. Peter's Basilica in the background on May 29, 2015.

Vatican expects deficit of $60 million in 2021

Feb 19, 2021

The Vatican said on Friday that it expects to record a deficit of around $60 million in 2021 amid the... Read more

St. Peter's Basilica and the Vatican flag.

Council for the Economy discusses 2021 Vatican budget

Feb 17, 2021

By Hannah Brockhaus

The Vatican’s Council for the Economy met on Tuesday to discuss the details of the annual budget for 2021.  Read more

A Vatican flag waves over the dome of St. Peter’s Basilica.

Vatican ‘security consultant’ Cecilia Marogna lodges complaint over confiscated cellphone

Feb 10, 2021

By Hannah Brockhaus

Cecilia Marogna, an Italian woman expected to face trial at the Vatican on charges of embezzlement, has lodged an appeal... Read more

The flags of Australia and the Vatican. Credit: elic via Shutterstock.

Australian federal police find no criminal misconduct in mysterious Vatican transfers

Feb 3, 2021

By Hannah Brockhaus

The Australian Federal Police said on Wednesday that it had found no evidence of criminal misconduct in its investigation into... Read more

The flags of Australia and the Vatican. Credit: elic via Shutterstock.

Report: Probe can’t account for $2 million sent from Vatican to Australia

Jan 20, 2021

By Hannah Brockhaus

Investigators examining transfers from the Vatican to Australia have been unable to account for around $1.9 million sent between the... Read more

A Vatican City flag seen from the Pontifical Urban University in Rome, Italy, on March 12, 2015. Credit: Bohumil Petrik/CNA.

Vatican says trial of Italian woman for alleged embezzlement will begin soon

Jan 18, 2021

The Vatican announced on Monday that the trial of an Italian woman for alleged embezzlement would begin soon.  Read more

The Institute for Religious Works, or 'Vatican bank'. (File Photo/CNA).

Vatican court due to hold sentence hearing for ex-Vatican bank president

Jan 15, 2021

By Hannah Brockhaus

The Vatican court is due to hold a sentence hearing next week in a criminal trial against the former president... Read more

Cardinal George Pell gives an interview to EWTN News in Rome in December 2020. Credit: Daniel Ibanez/CNA.

Cardinal Pell: 'Clear headed' women will help 'sentimental males' clean up Vatican finances

Jan 14, 2021

By Hannah Brockhaus

Cardinal George Pell welcomed Thursday Pope Francis’ inclusion of lay women on the Vatican’s economy council, saying he hopes “clear... Read more

Report: Australia’s financial crime watchdog says it vastly overestimated Vatican transfers

Jan 13, 2021

Australia’s financial crime watchdog has said that it vastly overestimated Vatican transfers, local media reported on Wednesday.  Read more

St. Peter's Basilica.

Report: Rome court orders return of cash found at suspended Vatican official’s home

Jan 12, 2021

By Hannah Brockhaus

A Rome court has ruled that the search and seizure of money and other valuables from the home of a... Read more

The flag of Vatican City with St. Peter's Basilica in the background on April 29, 2019.

Australia’s financial crime watchdog conducts ‘detailed review’ of Vatican transfers

Jan 7, 2021

Australia’s financial crime watchdog said Thursday that it is conducting a “detailed review” of Vatican-linked transfers worth $1.8 billion.  Read more

A Vatican flag waves over the dome of St. Peter’s Basilica.

Australia’s Catholic bishops seek answers about mystery billions linked to Vatican

Jan 4, 2021

By Hannah Brockhaus

Australia’s Catholic bishops are considering raising questions with the country’s financial watchdog authority about whether any Catholic organizations were among... Read more

The flag of Vatican City with St. Peter’s Basilica in the background. Credit: Bohumil Petrik/CNA.

Pope Francis issues law reorganizing Vatican finances

Dec 28, 2020

Pope Francis issued a new law Monday reorganizing Vatican finances following a series of scandals.   Read more

CNA

In EWTN interview, Cardinal Pell discusses acquittal, Vatican finances

Dec 21, 2020

Cardinal George Pell, who was acquitted this year after becoming the highest-ranking Catholic cleric ever to be convicted of sexual... Read more

Cardinal Reinhard Marx, president of the Council for the Economy.

Council for the Economy discusses Vatican pension fund

Dec 17, 2020

By Hannah Brockhaus

The Council for the Economy held an online meeting this week to discuss several challenges to Vatican finances, including the... Read more

St. Peter’s Basilica.

Report: Vatican seeks 8-year jail sentence for ex-Vatican bank president

Dec 7, 2020

The Vatican’s Promoter of Justice is seeking an eight-year jail term for a former president of the Institute for Religious... Read more

The agency will now be called the Supervisory and Financial Information Authority.

Pope Francis approves overhaul of Vatican’s financial watchdog

Dec 5, 2020

Pope Francis approved Saturday sweeping changes to the Vatican’s financial watchdog authority.  Read more

Cardinal Angelo Becciu.

Analysis: Is there a road back for Cardinal Becciu?

Dec 3, 2020

By Ed Condon

Despite his attempts to fight his way back to credibility, there seems little prospect of a return to favor for the... Read more

Cardinal George Pell in the Vatican, 2012.

Pell surprised by ‘Technicolor criminality’ of Vatican financial scandals

Nov 30, 2020

Cardinal George Pell has spoken of his surprise at the apparent extent of “criminality” involved in recent Vatican financial scandals.  Read more