Pope Francis: Catholics in Korea called ‘to a burning faith’

Pope Francis and Armida Barelli. / Mazur/catholicnews.org.uk/Archdiocese of Milan.

Vatican City, Mar 31, 2022 / 11:30 am (CNA).
Pope Francis has written a new book preface commending the example of Venerable Armida Barelli, a lay leader who for… […]

Vatican City, Oct 1, 2020 / 07:00 am (CNA).- The Vatican’s Secretariat for the Economy released the 2019 balance sheet for the Roman Curia Thursday.

Fr. Juan A. Guerrero, S.J., the department’s prefect, told Vatican News Oct. 1 “the economy of the Holy See should be a house of glass.”

“We want the budget to explain how the Holy See uses its resources to carry out its mission,” he said.

The report comes a week after the resignation of Cardinal Angelo Becciu from the Roman Curia, which followed more than a year of reporting by CNA and other news outlets on various financial scandals involving Becciu and the Holy See’s Secretariat of State.

Guerrero told Vatican News he “reads the newspapers” and that “it is possible that, in some cases, the Holy See was not only badly advised but also cheated.”

“I believe we are learning from past mistakes or recklessness,” he said.

The Holy See balance sheet was also published as the Holy See undergoes an onsite financial inspection by Moneyval, the Council of Europe’s anti-money laundering watchdog.

The evaluation will likely include looking at the role of the Administration of the Patrimony of the Apostolic See (APSA), which functions as the Holy See treasury, sovereign wealth manager, and administers payroll and operating expenses for Vatican City.

In 2018, Pope Francis asked for Vatican investments to be centralized under APSA’s management.  

Guerrero said that the project of centralizing investments in APSA was advancing “little by little.”

The prefect also acknowledged that he made a request in April that all dicasteries transfer their liquid assets to APSA, saying he did it in anticipation of revenue loss due to Italy’s coronavirus lockdown. 

In May, Guerrero said that in the wake of the coronavirus pandemic, the Vatican is forecasting a reduction in income of between 30% and 80% for the next fiscal year.  

The Oct. 1 Holy See financial report for 2019 showed that the expenditure of the 60 curial offices for 2019 totaled 318 million euros (around $374 million) out of an income of 307 million euros.

The deficit of 11 million euros was smaller than the 2018 deficit due to 68 million euros in investment returns, the report showed. It said that the increase was “mostly attributable to the effect of the recovery of share prices in 2019.”

The report did not include financial statements for other Vatican entities which collaborate with the Holy See, such as the governorate of Vatican City State, the IOR, or Peter’s Pence, the pope’s charitable fund which comes from an annual Church-wide collection.

These institutions and others “present their results, and report to the corresponding authorities,” Guerrero said.

Despite not being part of the report, Guerrero said that Peter’s Pence covered 32% of the expenses “for the mission of the Holy See.”

The prefect said that Peter’s Pence in 2019 “collaborated with the mission of the Holy Father” for a total of 66 million euros, with 23 million coming from reserve funds in addition to what was donated in 2019.

Guerrero noted that this shortage has happened in the last few years, lowering the capital of Peter’s Pence overall.

The balance sheet showed overall income and expenditure figures for 2019 and a breakdown of how much went to each curial department.

Expense categories were listed as apostolic mission, assets management, and services and administration.

Under apostolic mission, the largest expense went to “message diffusion” at 22% and apostolic nunciatures — the Holy See’s embassies abroad — at 21%.

Supporting local churches in difficulty and mission territories accounted for 16%. Donations made up 12%, and 9% was spent on maintaining the Curia’s historic assets.

APSA had the largest expenditure at over 66 million euros toward asset management, followed by the Secretariat of State with more than 65 million in expenses, over 22 million attributed to administration costs.

The Dicastery for Communication, the department which employs the greatest number of lay people in the Holy See, spent almost 46 million euros.

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Vatican City, Jul 12, 2017 / 09:01 am (CNA/EWTN News).- Cardinal Gerhard Müller has strenuously denied media reports alleging Pope Francis asked the German prelate five pointed questions before informing him that his term as prefect of the Congregation for the Doctrine of the Faith was not being renewed.

The claims have been widely reported on social media.

Citing an unnamed German source, who in turn claims to have received the information from another person, the US-based news site One Peter Five and Italian Vaticanista Marco Tosatti have reported that Pope Francis, when meeting Cardinal Müller June 30, allegedly asked the then-prefect five questions about his views on a range of topics, including the introduction of a female diaconate and priesthood, the abolition of clerical continence, his stance regarding Amoris laetitia, and his stance on Francis sacking three members of staff in the congregation.

According to these reports, after hearing the German cardinal’s answers, Francis then informed him his mandate was ending and left the room, leaving behind a patiently waiting Cardinal Müller, who was expecting the Holy Father to be retrieving a token of gratitude, until an embarrassed Archbishop Georg Gänswein, prefect of the Papal Household, told the stumped cardinal that the meeting was in fact over.

Now Cardinal Müller has told Vaticanista Guido Horst that none of these claims are true. Writing in a guest editorial published at CNA Deutsch, Horst describes personally meeting the German clergyman the morning of July 11 in Rome.

The journalist, chief correspondent of the “Tagespost” newspaper, describes showing a surprised cardinal a printout of the reports: Müller himself had not seen the reporting on the Internet (his secretary, who provides the 69-year-old with online access, is on leave).

The cardinal was “flabbergasted to read this description of his meeting with the Pope”, Horst writes, quoting Cardinal Müller as stating: “This is incorrect”.

In fact, the whole meeting had run very differently Cardinal Müller asserted, and the claims made by the “anonymous German source” were quite false.

The comments echo a brief email sent by the Director of the Holy See Press Office, to both One Peter Five and Marco Tosatti yesterday. In it, Burke states that the claimed “reconstruction is totally false” and requests that the story be updated.

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