(Irish Times) Vatican in profit but donations fall

While the Holy See ended three years of losses, returning a €9.85 million profit, worldwide donations from the faithful, traditionally known as “Peter’s Pence”, were down by almost $15 million (€10.3 million) at $67.7 million.

In a statement, the economic affairs department of the Holy See, headed by Cardinal Velasio De Paolis, suggested the upturn in Vatican finances was largely explained by a slow, steady recovery in the wake of the 2008 global economic crisis.

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Posted in * Culture-Watch, * Economics, Politics, * Religion News & Commentary, Economy, Other Churches, Pope Benedict XVI, Religion & Culture, Roman Catholic

3 comments on “(Irish Times) Vatican in profit but donations fall

  1. Archer_of_the_Forest says:

    Eh, they can take another priceless work of art out of petty cash.

  2. Pageantmaster Ù† says:

    Never mind, they have come up with some innovative solutions albeit somewhat at the expense of the eighth commandment.

  3. Pageantmaster Ù† says:

    Actually that would be the seventh commandment according to the Roman Catholics. Anglicans follow the Orthodox numbering it appears.