VATICAN CITY
Headlines from the Catholic World
February 14, 2014 By CNA Daily News
Vatican City, Feb 14, 2014 / 04:06 pm (CNA/EWTN News).- Earlier this week reports of a potential new president of the “Vatican bank” were leaked to Italian media, suggesting the possibility of a greater Italian influence in Vatican finances.
“Italia Oggi,” a Milan-based daily specializing in politics, economics, and law, wrote Feb. 11 that Carlo Salvatori could soon be chosen as the new president of the board of directors of the Institute for Religious Works. The Italian banker is currently director of SeaChange and chairman of Lazard Italy.
The Vatican bank board is composed of five bankers and experts, and is currently chaired by Ernst von Freyberg, who undertook the position near the end of Benedict XVI’s papacy.
A source familiar with Vatican finances could not confirm that Salvatori would be appointed, but did tell CNA Feb. 12 that “there is indeed an internal discussion about the opportunities offered by an increasing ‘internationalization’ of Vatican finances, but also about the possibility of returning again to a greater ‘Italian presence’ in finances.”
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