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Vatican finances

What if the Vatican actually goes broke?

The Holy See is still operating with a runaway budget deficit, but there's no big idea to bring it under control

Ed. Condon
Feb 15, 2024
∙ Paid

The Holy See is, by its own accounting, in serious financial straits. 

While some curial asset managers have begun to show modest-to-moderate returns in recent years, donations remain down and the Vatican is still operating with a runaway budget deficit. 

The Apostolic Palace within the Vatican City State. Credit: Pillar Media

So how bad is the financial w…

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