Can an American pope apply US-style fundraising and requirements to repair troubled Vatican funds?
Business The Holy See’s chronic, 50 million to 60 million euro ($57-68 million) structural deficit, 1 billion euro ($1.14 billion) pension fund shortfall and declining donations present a challenge for the new pope. A view of the empty St. Peter’s Square as Pope Francis is delivering the Angelus noon prayer from his studio, at the … Read more