What Would Happen If the Vatican Sold Its Hidden Assets Overnight - Veja Store Site

May 9, 2025 · The Vatican’s growing financial problems have been attributed to rising operational costs, including salaries, security and building upkeep. May 10, 2025 · The Vatican fills its coffers by running hospitals, museums, and owning a vast real estate portfolio, together with donations from the faithful. Yet, its finances regularly are in the red. Witness the Vatican announcement in 2021 that the cash-strapped Fatebenefratelli Catholic hospital in Rome, run by a religious order, would not be sold. Pope Francis simultaneously created a Vatican fundraising foundation to keep it and other Catholic hospitals afloat. May 8, 2025 · Scandals over a $400 million real-estate investment ended with a cardinal being convicted of embezzlement and fraud in 2023. The problems will now fall to Francis’ successor, who will be elected by... May 12, 2025 · Last week, The Wall Street Journal published a rare investigation into the Vatican’sfinances. The three journalists behind it encountered extreme difficulty penetrating the institution’s... Jun 7, 2025 · However, in recent years, revenue has fallen short of covering expenses. Pope Leo XIV now faces the challenge of securing the necessary funds to steer the Vatican out of its financial... Feb 16, 2024 · While some curial asset managers have begun to show modest-to-moderate returns in recent years, donations remain down and theVatican is still operating with a runaway budget deficit. So how bad is the financial weather over Rome and what, if anything, is being done to turn things around?