Vatican Posts 2.2 Million-Euro Profit While Contributions Fall
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The Holy See, the Vatican’s central administration, generated a profit of 2.19 million euros ($2.83 million) last year even as donations from Catholics throughout the world declined.
Last year’s earnings compare with a 14.9 million-euro deficit in 2011, the Holy See said today in a statement. Contributions from Catholic individuals, institutes and foundations fell 7.5 percent.