New head for Vatican Prefecture for Economic Affairs
Catholic World News - September 21, 2011
Archbishop Giuseppe Versaldi of Alessandria, Italy, has been named by Pope Benedict XVI to become the new president of the Vatican’s Prefecture for Economic Affairs.
Archbishop Versaldi replaces Cardinal Velasio De Paolis, who is retiring at the age of 76. Cardinal De Paolis will continue his work as the Pope’s special delegate to oversee reforms within the Legion of Christ.
Archbishop Versaldi is seen as a close ally of Cardinal Tarcisio Bertone, the Vatican Secretary of State. Since every previous president of the Prefecture for Economic Affairs has been a cardinal, it seems likely that the Italian archbishop will be raised to that rank at the next consistory.
An appeal from our founder, Dr. Jeffrey Mirus:
Dear reader: If you found the information on this page helpful in your pursuit of a better Catholic life, please support our work with a donation. Your donation will help us reach seven million Truth-seeking readers worldwide this year. Thank you!
Progress toward our March expenses ($30,754 to go):
All comments are moderated. To lighten our editing burden, only current donors are allowed to Sound Off. If you are a donor, log in to see the comment form; otherwise please support our work, and Sound Off!