Vatican Runs Deficit Amid Global Economic Crisis
Author: The Huffington Post News Editors
VATICAN CITY — The Vatican said Saturday it ran a deficit in 2008 as its finances and donations from across the world were hit by the global economic crisis. The Vatican posted a budget deficit for a second straight year, though the figures improved strongly from 2007. The Holy See’s 2008 deficit was around euro0.9 million ($1.28 million), compared with a loss of euro9.06 million a year earlier
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Vatican Runs Deficit Amid Global Economic Crisis
Tags: a-year-earlier, activities, city, debunk-the-idea, euro0-9-million, left-the-tiny, listed-revenues, Media, media-divisions, news, saturday-it-ran, TED, United States
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