MondayVatican
How much money is there in the so-called «Vatican bank», the Institute for Religious Works (IOR) and how is it invested and used? Soon, this information will be in the public domain. The IOR will have an internet website, where its annual balance sheet will be posted. Although the IOR is a [...]
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 [...]
René Bruelhart is the new director of the Authority for Financial Information (AIF). It is a significant appointment –it shows that the Holy See is moving towards full adherence to international transparency standards. MONEYVAL’s Plenary Assembly – the body of the Council of Europe that evaluates if its member states are meeting [...]
In order to understand the path the Holy See began and is staying on to achieve full -international financial transparency, one should look beyond the seven negative ratings (out of 16 core and key recommendations to combat money laundering) and beyond the 23 negative ratings on the general recommendations (out of 45, [...]
Will Ettore Gotti Tedeschi have to stand trial before a Vatican court? The possibility is rather remote. If he will, it would be because of the documents the former president of the IOR. Board of Superintendence took from his office in Torrione Niccolò IV. Gotti Tedeschi probably is not in possession of [...]
It was with a short, stick to the point, ten lines and three paragraphs press release from the Holy See to clarify its position regarding Ettore Gotti Tedeschi’s case. Gotti Tedeschi had been president of the Board of Superintendence of the I.O.R. (Institute for Religious Works) until May 24th, when he got an [...]
«All you need to say is simply ‘Yes’ or ‘No’; anything beyond this comes from the evil one». In Benedict XVI’s Church, this passage from Matthew’s Gospel is ever more being followed. Proof of it is the release of the no confidence resolution of the Board of Superintendence of the IOR (Institute for [...]
Benedict XVI had been defined «the last of Benedictins». As Saint Benedict, who in 529 founds the monastery of Montecassino and from there – with the ora et labora, the collections and copy of texts, founds a new civilizations, so Benedict XVI goes over the scandals and the human problems 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 [...]
James and John pursue dreams of glory beside Jesus. Jesus says: «Are you able to drink the cup that I drink?» And disciples demonstrate that they do not understand the logic of the life to which Jesus witnesses. It is not easy to understand the logic of Gospel. It is not easy for priests, [...]
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