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Vatican

Holy See confirms investigation of Order of Malta

January 17, 2017. The Holy See has issued a statement Tuesday in response to "attempts by the Order of Malta to discredit” the new group established by the Vatican to conduct the investigation of why the Chancellor of the Order of Malta was asked to step down.
World

Pope sends condolences for victims of Turkish cargo jet crash

January 16, 2017. On Monday morning, a Turkish cargo plane has tragically crashed in Kyrgyzstan, killing dozens and hospitalizing many others. Many homes and vehicles in the small village are also destroyed. As a result, Vatican Secretary of State, Pietro Parolin has sent a message of condolences to the victims of the disaster on behalf of Pope Francis.
Vatican

Pope Francis to meet with Palestinian president on Saturday

January 11, 2017. Pope Francis will meet with Palestinian president, Mahmud Abbas on Saturday, January 14, at the Vatican to inaugurate the new Palestinian embassy to the Holy See.
Vatican

Former Director of the Vatican's school for diplomats, Justo Mullor dies

December 30, 2016. The smiling archbishop Justo Mullor died this morning in Rome, at the Pío XI Clinic. He was 84 years old.
Pope Francis

Pope approves new decrees for the Causes of Saints

December 22, 2016. On Wednesday, December 21, Pope Francis authorized the following decrees for the Causes of Saints:

The Vatican's pension system is extremely solid

2014-06-27

The world's smallest state is maintained by donations from Catholics and episcopal conferences. Around June 29th, dioceses from all over the world hold the "Peter's Pence” collection, an economical aid for the works of charity of the Pope and for the financing of the Holy See.

The latest figures reflect the consequences of the economic crisis: in 2012, the collection received $66 million, $3.5 million less than the prior year.

However, the economic reforms of Pope Francis are underway and the economy of the Holy See is sufficiently healthy enough to guarantee its independence. For example, Vatican sources confirm the absolute strength of the pension fund of its former employees, a problem suffered by many other countries in this field. 

The Vatican's economic reform gives a hand to the reform of the Curia. In order to streamline their agencies, their slogan is transparency, efficiency and savings. 

The Council of 8 cardinals will continue to work in its next meeting from July 1st - 4th to design a more efficient Curia, with less departments, which would allow for a better collaboration with the dioceses and ensure a more direct contact with the Pope. 


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