NEWS: Europe's Vatican finance report to laud reform, call for more action

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MONDAY, JUL 16, 2012| 1 comments

Europe's Vatican finance report to laud reform, call for more action

A European report on efforts by the Vatican to embrace financial transparency after a series of scandals involving its bank will laud recent reforms but also underscore what remains to be done to reach international standards in all areas.

According to people familiar with the still-secret report, due to be issued on Wednesday by a department of the Council of Europe, the eagerly anticipated evaluation will give the Vatican an overall passing grade in key areas but criticize others.

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7/19/12 3:03 PM

Jim Lincoln

| Nebraska

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I see an emphasis on more reform needs to be done, Vatican bank 'needs more reform', report says, but then that's just the Vatican Bank, the whole church needs to be reformed, Is the One True Church Roman Catholic?

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