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Vatican Finance

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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

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

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

Searches carried out on key figures in Vatican financial scandal

Rome financial police executed a search warrant this week against three figures tied to the Vatican's London property scandal. According... Read more

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

Lawyer downplays suspended Vatican official’s role in London property deal

A lawyer for Msgr. Mauro Carlino downplayed the suspended Vatican official’s involvement in a controversial London property deal, saying that... Read more

Police officer on duty at St Peter's Square in Vatican City.

Vatican officials grant bail to London property broker

The Vatican said Monday that officials had granted bail to the Italian businessman Gianluigi Torzi who was arrested as part... Read more

Police officer on duty at St Peter's square in Vatican City.

Vatican officials arrest London property broker for extortion and money laundering

The Holy See press office announced Friday that Italian businessman Gianluigi Torzi has been arrested after he was interrogated as... Read more

Cardinal Pietro Parolin.

Cardinal Parolin says he arranged controversial hospital loan, Papal Foundation grant

The Vatican Secretary of State told CNA this week that he is responsible for arranging a controversial loan for the... Read more