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.
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 September expenses ($13,733 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!