Galantino, head of the Vatican’s de-facto central bank, told Avvenire newspaper that a current deficit stemmed from one-off expenses to avert the closure of a Vatican hospital and the potential loss of employees’ jobs. He also denied the existence of “ghost” accounts, warning in Avvenire, issued by the Italian bishops’ conference, against “fictionalized” depictions akin to the thriller “Da Vinci Code.” Read more: German Catholic bishops struggle with women and power “There’s no bankruptcy or default here. There’s only a need for a spending review,” insisted Galantino, who heads the Vatican’s bank-like entity APSA (Administration of the Patrimony of the Apostolic See). “In fact, the ordinary management of the APSA in 2018 closed with a profit of over €22 million,” said Galatino,quoted by the Vatican News. ‘No bankruptcy here,’ says Nunzio Galatino Speculating that the Vatican administrative body, the Curia, was against the pope, he added, was “a worn-out journalistic cliché.” Rome properties He confirmed that in Rome alone as well as nearby the Vatican owned 2,400 apartments and 600 commercial spaces, 60% of which are being let at reduced rates to its employees. Cardinal Oscar Rodriguez Maradiaga, who chairs Pope Francis’ reform panel for the Curia administration, also denied Nuzzi’s claims, telling… Read full this story
- New Jersey Devils strongly deny report in New York Post of organization being near bankruptcy
- Vatican denies report pope has curable brain tumor: 'His head is absolutely perfect'
- Despite bankruptcy claim, 50 Cent will face punitive damages in New York for posting sex tape online, Conn. judge rules
- Famke Janssen claims intruder broke into her NYC home, left creepy children's book near bed
- Emma Acosta denied filing equal opportunity claim
- 'TOTAL FABRICATION': Trump denies multiple accusers' abuse claims
- University of Tennessee student denies 'butt chugging' reports, claiming he's a Christian who would never 'desecrate his body'
- Lindsay Lohan denies hit-and-run claim: 'These false accusations are absurd'
- San Francisco 49ers CEO Jed York denies team nearly traded Jim Harbaugh to Browns
- Iraq denies fugitive VP’s claim that his body guards were tortured to death
Vatican denies book's near-bankruptcy claim have 340 words, post on www.dw.com at October 22, 2019. This is cached page on Europe Breaking News. If you want remove this page, please contact us.