Cardinal George named to Vatican finance council

by Dennis Coday

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Pope names US cardinal to council studying Vatican's economic problems

By Carol Glatz Catholic News Service

VATICAN CITY (CNS) -- Pope Benedict XVI named Cardinal Francis E. George of Chicago to the international Council of Cardinals for the Study of the Organizational and Economic Problems of the Holy See.

The Vatican announced the appointment Oct. 23.

The cardinal-members of the council meet regularly with the pope to help oversee the economic management of the Vatican.

The special council was established by Pope John Paul II in 1981 to advise him on the Vatican's ailing finances and organizational problems that he inherited from his predecessors.

The council is presided over by Vatican Secretary of State Cardinal Tarcisio Bertone, and members include Cardinals Roger M. Mahony of Los Angeles, George Pell of Sydney and Marc Ouellet of Quebec.

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