Vatican, a crucial week for reforms. With an eye on finances
The clock starts today for a very important week for the reform of the Church. The Council of Cardinals will begin its three-day meeting today. After that, informal meetings, until February 20 and 21, when the cardinals will gather in an ordinary public consistory. On Saturday, February 22 there will be a consistory [...]
Vatican communications evolve in Francis’ image. Can this eventually help Benedict?
The evolution of Vatican communication under Pope Francis can eventually “rehabilitate” the Benedict XVI’ pontificate, which had been at least undermined by a certain kind of media narrative. There are two peculiar examples on how the Vatican communication became more pro-active, handling problems in the most proper way and trying [...]
Has Pope Francis displaced with his own trusted men the Curia’s leaders?
Pope Francis gave himself a «birthday gift». On December 17 the Pope received Cardinal Amato, the Prefect of the Congregation for the Causes of Saints. The Pope listened to the report that he asked Amato to write about Peter Faber, the first companion of St. Ignatius and “a model of virtue,” according to [...]
The Holy See path to adapt its legal system to international anti-money laundering standards has been quick, coherent and convincing, according to the «progress report» issued by the Council of Europe’s committee MONEYVAL on December 12.
«It is clear from this review – the report states in par. 128 – that much work [...]
Vatican Finances.External Consultants and Conflicts of Interest
The new statute of the Vatican Financial Information Authority (AIF) better aligns the Authority with new Vatican legislation, and with international standards. It also develops a new kind of Authority. Conceived by the drafter of the first Vatican money laundering law as a sort of «monocratic» authority (a Vatican dicastery presided by a [...]
The absence of Msgr. Pietro Parolin at the ceremony of his taking possession as Secretary of State was certainly not a good thing. Struck by gallstone (or appendicitis according to other sources), Msgr. Parolin had to undergo an urgent, albeit not grave, surgery operation. During the ceremony, Pope Francis, after thanking the outgoing Secretary [...]
The informal Papacy and the risk of a lack of institutionality
Pope Francis has underscored in Assisi his idea of «a poor Church for poor.» It is part of the «reform of attitudes» that Pope Francis considers more important than the Curia reform, i.e. a reform of the organizational structure. During this week, a certain lack of institutionality has been felt. At first [...]
Benedict XVI wants to leave the house in good order
Benedict XVI will be like a Moses for the Church. Moses went to a mountain and interceded for the People of Israel while the latter were combating against Amalek. So will the Pope do after his retirement – the President of Pontifical Council for Culture, Card. Gianfranco Ravasi, said in a Lent meditation [...]
Vatican Finances. How the story began
Just one day after the death of Pope Pius XI, on February 10, 1939, Msgr. Angelo Pomata stood in front of a cahier’s window at Religious Works (the “ancestor” of the Institute for Religious Works). The cashier was Massimo Spada. Pomata was dispatched there by Eugenio Pacelli – who, after the death of the [...]
Just when the Vatican Secretary of State seems to be the only mark for a series of attacks, two news show that the Holy See is making important steps toward a reform intended to bring the Vatican City State to be a fully modern State with full financial transparency. The steps are [...]