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Pope Francis

Complete program of pope's trip to Fatima on May 12-13

March 20, 2017. The Vatican has published Pope Francis' program for his upcoming trip to Fatima.
Pope Francis

Pope Francis will travel to Egypt from 28 to 29 April 2017

March 18, 2017. In response to the invitation from the President of the Republic, the Bishops of the Catholic Church, His Holiness Pope Tawadros II and the Grand Imam of the Mosque of Al Azhar, Sheikh Ahmed Mohamed el-Tayyib, Pope Francis will make an Apostolic trip to the Arab Republic of Egypt from 28 to 29 April 2017, visiting the city of Cairo. The programme of the trip will be published shortly.
Pope Francis

Pope to meet with most powerful European leaders on March 24

March 3, 2017. On March 24 a historic meeting will take place between the pope and many of the most powerful heads of government throughout Europe. The meeting was announced by the Director of the Press Office of the Holy See, Greg Burke and will begin at 6 p.m. in the Sala Regia of the Apostolic Palace in the Vatican.

Vatican Bank is here to stay

2014-04-07

In the past few years, the purpose and livelihood of the Vatican Bank has been questioned by people in and outside the Catholic Church. Some recommended it be shut down all together, others that it change its regulations. 

On Monday, April 7th,  the Holy See's press office announced that the Vatican Bank is here to stay. Pope Francis approved the future of the Bank, which is officially known as the Institute for the Works of Religion (IOR)

In a press release, it states that the IOR will continue to 'serve with prudence and provide specialized financial services to the Catholic Church worldwide.' 

After a series of economic scandals, the Vatican approved new financial structures to regulate its activities. They include aligning its accounts, transactions and otherwise with international standards and promoting transparency. 

The decision was approved jointly, by different Holy See entities, but the process isn't done just yet. To finalize the plan and to make sure the IOR fulfills its mission, the plan will be presented to the Pope's advisory council, which includes eight cardinals, among them is George Pell, who was recently appointed  Secretariat for the Economy

The activities of the IOR will continue to fall under the supervision of the AIF or the Financial Information Authority, which is an institution that is connected to both the Vatican and the Holy See. 


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