Financial Reform at the Holy See and Vatican City State

The reform of the Vatican continued apace with some major announcements yesterday in Rome. Continuing on the trail of reform initiated by Pope Benedict XVI, Pope Francis has made some major changes to the financial set up of the Holy See and Vatican City State.

"Journalists from across the globe crowded into the Vatican Press Office on Wednesday morning to hear, first-hand, of a series of new initiatives geared to improve the economic and administrative management of the Holy See and Vatican City State. Listen to Linda Bordoni's report HERE"

As always John Allen has good coverage and explanation HERE with an interview with the new economic czar Cardinal Pell HERE.