The Holy See had a deficit of 22 million euros in after extraordinary expenses, down from a 50 million euro deficit in The deficit is expected to grow this year because the coronavirus pandemic has drained income, particularly from the museums. The Vatican has been caught up in a scandal involving the purchase by its Secretariat of State of a luxury building in London through various players it has accused of being unscrupulous. One of the key figures involved in the London deal, Italian Cardinal Angelo Becciu, until the number two in the Secretariat of State, was fired by Pope Francis last week under separate accusations of embezzlement and nepotism.
Becciu, 72, denies all wrongdoing. While the disclosures were extensive, they failed to include budgets for Vatican City and the Vatican Bank, as well as museums in the city state. The Catholic Church manages religious affairs of 1. Visit the new DW website Take a look at the beta version of dw. Go to the new dw. More info OK. Wrong language? Change it here DW.
COM has chosen English as your language setting. The Holy See. Los Angeles Times. Wall Street Journal. Institute for the Works of Religion. Income Tax. Actively scan device characteristics for identification. Use precise geolocation data. Select personalised content. Create a personalised content profile. Measure ad performance. Select basic ads. Create a personalised ads profile.
Select personalised ads. Apply market research to generate audience insights. Measure content performance. Develop and improve products. List of Partners vendors. Your Money. Personal Finance. Your Practice. And those figures don't even include the attendance for Pope Francis events that were held outside of the Vatican -- that tacks on another nearly 13 million visitors.
Pope Benedict received some We're no longer maintaining this page. The role of Pope Francis in politics. Personal Finance. CNNMoney Sponsors.
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