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Ambitions for the Secretary of State position, behind pressures to abolish the IOR

By Andrea Gagliarducci On 7 aprile 2013 · 1 Comment · In Holy See

It seems certain that Cardinal Tarcisio Bertone will remain Secretary of State until April 27. That is the day when new papal nuncio Ettore Balestrero – previously Undersecretary for Relations with States, heading to the important nunciature of Colombia– will be ordained bishops. In the past, the Pope himself would conduct these ordinations [...]

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A new Vatican financial controversy?

By Andrea Gagliarducci On 7 gennaio 2013 · Leave a Comment · In Vatican finances

With two changes to the anti-money laundering law, the Holy See has made its financial system even more open and transparent. The changes – approved by the Pontifical Commission of Vatican City State on December 14 and in effect since December 17 – allow the Vatican Authority for Financial Information to reach Memorandums [...]

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The Vatican is steadily becoming more and more transparent. Proof of it is the appointment of an international expert to head its Authority for Financial Information.

By Andrea Gagliarducci On 12 novembre 2012 · Leave a Comment · In Holy See

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 [...]

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Holy See and financial transparency. The path to the white list

By Andrea Gagliarducci On 25 giugno 2012 · 1 Comment · In Vatican finances

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  [...]

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Are the attacks on the Vatican anti money-laundering law attacks against Holy See sovereignty?

By Andrea Gagliarducci On 30 aprile 2012 · 5 Comments · In Vatican finances

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 [...]

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Holy See makes one more step toward financial transparency. While a subtle battle is fought behind the curtains.

By Andrea Gagliarducci On 19 marzo 2012 · Leave a Comment · In Holy See

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 [...]

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Financial transparency and Holy See. Chronicles of an anniversary

By Andrea Gagliarducci On 2 gennaio 2012 · 1 Comment · In Vatican

One year ago – it was the 30th of December 2010 – the publication of the Benedict XVI’s Motu Proprio for the prevention and countering of illegal activities in the area of monetary and financial dealings was considered one of the most important news. The Motu Proprio extended to the Holy See the [...]

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From Finland with love. Is Catholic thought going to be a minority to protect?

By Andrea Gagliarducci On 4 luglio 2011 · Leave a Comment · In international affairs

«Kyllä kansa tietää», «Yes the people know». This sentence has marked the history of Finnish politics. His author, Veikko Vennamo, was a talented orator. He shocked the Finnish political establishment by founding a populist party at the end of Sixties. It was called “Landsbygdspartiet” (the Party of the Countries) and it gained the [...]

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World imbalances: the challenge of the Church

By Andrea Gagliarducci On 23 maggio 2011 · Leave a Comment · In Holy See

«G20 can be considered a club of friends. On the other hand, Holy See proposes a new world authority, in order to consider all the countries, the developing ones as well as the developed ones». Mons. Mario Toso, secretary of the Pontifical Council for Justice and Peace, underlines the doubts the Holy See [...]

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