VATICAN CITY
National Catholic Reporter
by John L. Allen Jr. | Feb. 14, 2013
Rome
Conventional wisdom about Benedict XVI holds that he’s a strong teaching pope but weak on the business management side, reflected in the “Vati-leaks” mess and other internal breakdowns. Yet defenders argue he’s actually been a reformer, perhaps nowhere more so than on Vatican finances.
The next few days seem likely to bring one final twist to the story, with the naming of a new president for the embattled Vatican Bank.
On Tuesday, Italian Cardinal Tarcisio Bertone, the Vatican’s Secretary of State, announced during a reception for the 84th anniversary of the Lateran Pacts that a new president of the Institute for the Works of Religion, better known as the “Vatican Bank,” would be named shortly. Yesterday that was confirmed by Jesuit Fr. Federico Lombardi, the Vatican spokesperson.
“It’s plausible that the appointment could come in the next few days,” Lombardi said. “It’s a process that’s been underway for a long time, and I don’t see why it should stop because of the pope’s resignation.”
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