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126 new news items in the last 24 hours
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  2. International

Pope Leo has canceled the exclusive control of the Vatican Bank over investments, granting departments the freedom to use foreign banks.

Miruna Brosban
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6 October 2025, 15:37
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International
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Through a recent decree, Pope Leo has revoked the exclusive authority of the Vatican Bank over investments, a reform implemented by his predecessor, Francis. This decision allows Vatican departments to collaborate with foreign banks, but obliges them to adhere to the investment policies established by a committee created by Francis. The financial reputation of the Vatican has been affected by scandals, and previous reforms aimed at increasing transparency.

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Papa Leon reduce puterile Băncii Vaticanului și anulează astfel una dintre reformele predecesorului său, Papa Francisc

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