Challenge Grant: Our Boosters will match donations up to $45,000. We have $38,368 to go. Please donate!
Click here to advertise on CatholicCulture.org

Vatican likely to pass Euro financial-transparency test

Catholic World News - June 22, 2012

Some Italian newspapers report that the Vatican will pass a new European test of transparency in financial transfers; others say that the "Moneyval" test will find fault with the Vatican's safeguards. Who is right? Probably both, reports John Allen of the National Catholic Reporter.

The Moneyval tests include several different criteria, and the will probably call upon the Vatican to clear up some lingering questions, Allen writes. But the overall assessment is likely to lift the Vatican off the list of "trouble" states.

Additional sources for this story
Some links will take you to other sites, in a new window.

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!

Our Fall Campaign
Progress toward our year-end goal ($125,746 to go):
$150,000.00 $24,253.70
84% 16%
Sound Off! CatholicCulture.org supporters weigh in.

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!

There are no comments yet for this item.

Fall 2014 Campaign
Subscribe for free
Shop Amazon
Click here to advertise on CatholicCulture.org

Recent Catholic Commentary

Ignatius Press into the Breach: Trumping the Kasper Proposal 8 hours ago
Has the Vatican finally discovered how to avoid inaccurate English translations? 12 hours ago
The Synod: It's a Wrap! October 21
A chaotic synod? Not in its results October 21
Cardinal Kasper's unsubtle threat October 21

Top Catholic News

Most Important Stories of the Last 30 Days
Key synod report calls for 'gradualism' in Church response to irregular family situations CWN - October 13
As synod concludes, bishops issue message, approve document; Pope weighs in CWN - October 20
Cardinal Parolin: UN must protect innocents from Islamic State CWN - September 30
Synod of Bishops opens with Mass in St. Peter’s Basilica CWN - October 6