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The Vatican Financial Mess Pope Francis Couldn’t Fix

Since Pope Francis' election in 2013, the Vatican's budget deficit has tripled, creating a serious financial crisis by 2025.
This financial crisis stems from years of deficits, mismanagement, secrecy, and governance challenges that undermined reform efforts.
Pope Francis worked to address this crisis by implementing anti-corruption measures and increasing Curia transparency during his tenure.
A Vatican financial adviser cautioned that the incoming Pope will face not only the traditional spiritual responsibilities but also a significant financial crisis, including up to $2 billion in unfunded pension obligations.
The next pope will face urgent decisions on financial reforms, which could reshape the Vatican's global influence on sustainability and human rights.

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Il Post

Lean Left

Vatican accounts are a disaster

The new pope will have to handle chronic losses and serious problems of transparency: and before Bergoglio things went even worse

9 days ago·Italy

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La Tercera

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Vatican economic crisis and drop in donations: the other factor that will affect the conclave - La Tercera

“This room could be filled with billions to help the Church, to the extent that we have the right Pope.” The comment of a prominent member of the Papal Foundation, a well-known American organization that collects donations for the Catholic Church, and quoted by the British daily The Times, reports another of the issues that for these days has been turning in the Vatican on the eve of the election of Francis’ successor. The economic situation of …

9 days ago·Chile

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Schweizer Radio und Fernsehen (SRF)

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Vatican in financial needs: the new Pope will have to manage better

The Vatican has financial problems, but it would actually have sufficient assets to generate sufficient returns.

10 days ago·Zürich, Switzerland

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Sueddeutsche Zeitung

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Vatican Bank: The next Pope must be a financial expert and crisis manager

A historic tower full of billions, scandals with a fatal outcome and a pope who wanted to clean up: The history of the Vatican Bank is one of the most miraculous – and darkest – in the financial world.

10 days ago·Munich, Germany

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