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With papacy, Leo XIV inherits Vatican money troubles

IndiaTimes Saturday, 10 May 2025
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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Video Credit: euronews (in English) - Published
News video: Pope Leo XIV addresses Vatican crowd as new leader of the Catholic Church

Pope Leo XIV addresses Vatican crowd as new leader of the Catholic Church 01:10

 Pope Leo XIV addresses Vatican crowd as new leader of the Catholic Church Cardinals from around the world have elected the next pontiff, following the late Pope Francis' passing on 21 April. Follow Euronews' live blog for the latest updates. READ MORE :...

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