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Cardinals give Pope recommendations on Vatican bank

By on Wednesday, 19 February 2014

The Institute for the Works of Religion, popularly known as the Vatican bank (CNS)

The Institute for the Works of Religion, popularly known as the Vatican bank (CNS)

Pope Francis has met with his international Council of Cardinals, an eight-member group advising him on the reform of the Vatican bureaucracy and other issues.

The February 17-19 meetings focused on financial and bureaucratic matters even as the council was rumoured to be working on a draft of an apostolic constitution that would reorganise the Church’s central administration, the Roman Curia.

Jesuit Father Federico Lombardi, Vatican spokesman, told reporters that the council members had followed up their discussions earlier in the week by giving the Pope a set of recommendations regarding Vatican financial management and the future of the so-called Vatican bank. He did not provide any detail on the content of those recommendations.

Father Lombardi also announced that the Pope would meet with the council again on April 28-30 and July 1-4, maintaining a pattern of gathering roughly every two months.

For an earlier Catholic Herald report on the Council of Cardinals’ meeting with Pope Francis, go here.