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Pope Francis

Pope Francis' complete schedule for Colombia trip

June 23, 2017. He will go to Colombia September 6-11.
Vatican

Bruno Marie Duffé, new secretary of the Department for Integral Development

June 16, 2017. Thepope has named French priest Bruno Marie Duffé, from Lyon, number two of the Dicastery for Promoting Integral Human Development. He will be in charge of one of the key offices in the Vatican Curia.
Pope Francis

Angela Merkel to meet with pope on June 17

June 9, 2017. The Vatican has confirmed that on Saturday, June 17, German Chancellor Angela Merkel will meet with Pope Francis. Both have previously met in Rome in May 2016, February 2015 and May 2013, two months after Pope Francis was elected pontiff.
Pope Francis

Pope Francis to meet with Venezuelan bishops on June 8

June 5, 2017. Pope Francis will meet with Venezuelan bishops next Thursday to discuss the situation their country is facing.
Vatican

New secretary of the Dicastery for Laity, Family and Life

May 31, 2017. The Brazilian priest Alexandre Awi Mello, the National Director of Brazil's Schönstatt Movement, will serve as the new secretary. He was born Rio de Janeiro in 1971, and ordained a priest in 2001.
Pope Francis

Pope sends condolences and solidarity to Cairo after bus attack

May 26, 2017. Secretary of State, Pietro Parolin, wrote a letter to His Excellency Abdel Fattah Al Sisi after the bus attack Friday in Cairo, which left close to 30 Coptic Christians dead, including children, and many others injured.

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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