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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.

Council for the Economy: Pensions for Vatican employees are safe

2014-07-09

The Vatican's supreme authority on economic affairs, the Council for the Economy, cleared up any doubts about the soundness of the Pension Fund for workers of the Holy See and the Vatican City State.

JOSEPH ZAHRA
Vice-Coordinator, Council for the Economy
"The Council recognized and acknowledged that the pensions, which are being paid today to all the employees of the Holy See, as well as the Governatorato, as well as all the pensioners, and also for the next generation are safe.”

Italian press had speculated about the existence of a "black hole” in the pension fund, worth an estimated 800 million euros. The Vatican referenced the uncertainty surrounding pension funds in many Western countries, due to the economic crisis. But, it dispelled any cause for concern.

However, to avoid headaches and to guarantee the system's solvency in the future, the Council created a technical committee to analyze the state of the Pension Fund, and adapt it to the new economic-administrative structure of the Holy See.

The Council for the Economy established the committee on Saturday, during their second meeting at the Vatican. Msgr. Brian Ferme, the Council's prelate secretary, will lead the group, which also includes four lay experts. 


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