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Pope and G8 meet with commission overseeing the Vatican bank

2014-02-18

The second day of talks between the Pope and the Council of Cardinals began on Tuesday morning with Mass at Santa Marta, also the site for their meetings. This time around, the Council turned it's attention to the Vatican bank.

On Tuesday morning, they welcomed cardinals and experts from the supervisory commission of the Institute for the Works of Religion, or IOR. The commission members presented a report and answered questions from the Council, in particular about the internal state of affairs.

FR. FEDERICO LOMBARDI
Vatican Spokesperson
"One of the points the commission developed, and that the cardinals reflected on for quite a bit, was the mission of the IOR. They looked into the matters regarding this institution and how they pertain to the mission of the Church, and not just it's economic procedures.” 

In addition to the mission, the cardinals also began talking about the future of the institution, although the Vatican said they had made no decisions so far.

Fr. Lombardi also added that Secretary of State Pietro Parolin has been present and has participated during all of the sessions to date. For the third and last day of talks on Wednesday, the Council of Cardinals will meet with the 15 cardinals that oversee the Vatican's balance sheets.


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