National Catholic Reporter

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Council of Cardinals

Vatican names committee to help revamp communications, media outreach

Seven months after hiring a consulting firm to study the Vatican's communications structures, the Vatican has set up an 11-member committee -- which includes Our Sunday Visitor's Greg Erlandson -- to suggest ways to increase collaboration and cut costs.

Australian Cardinal George Pell, prefect of the Vatican Secretariat for the Economy and a member of Pope Francis' Council of Cardinals, announced the formation of the committee at a news conference Wednesday.

Pope Francis confirms continuing existence of Vatican bank

Pope Francis, accepting the recommendations of his international Council of Cardinals and other advisory groups, has decided the Vatican bank will continue to exist and has approved a plan to increase its transparency and accountability.

The Vatican press office issued a statement Monday saying the pope "has approved a proposal on the future" of the Institute for the Works of Religion, the formal title of the bank. The Vatican, however, did not release details of the proposal.

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October 24-November 6, 2014

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