Analysis: Down the Barrel of $158 Million Gun, Vatican Reform Is Coming … But What Kind?

According to an internal Vatican analysis recently presented to Pope Francis for a meeting with his department heads, declines in revenue due to the coronavirus pandemic will cause the Vatican’s annual deficit to balloon somewhere between 30 and 175 percent, depending on which of three scenarios, ranging from best to worst case, is realized.

Analysis: Italy’s Church Going Back to Business, But Not Business as Usual

As if Italy hasn’t been through enough since a sweeping national lockdown was imposed March 8, and with more than 30,000 Italians dead from the coronavirus, Romans awoke around 5:00 a.m. May 11 to an earthquake. A loud boom sent people into the streets in their pajamas under an early morning rain, temporarily forgetting their masks and gloves.