With papacy, Leo XIV inherits Vatican money troubles

Pope Leo XIV inherits the Vatican's troubled finances and his predecessor's reform efforts. The Holy See faces financial challenges, including past scandals and ongoing issues like declining donations and a fragile pension system. Pope Francis initiated reforms to combat corruption and improve transparency, but problems persist, as highlighted by a recent embezzlement trial involving a former advisor.

May 10, 2025 - 04:30
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With papacy, Leo XIV inherits Vatican money troubles
Pope Leo XIV inherits the Vatican's troubled finances and his predecessor's reform efforts. The Holy See faces financial challenges, including past scandals and ongoing issues like declining donations and a fragile pension system. Pope Francis initiated reforms to combat corruption and improve transparency, but problems persist, as highlighted by a recent embezzlement trial involving a former advisor.

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