Wednesday, October 27, 2010

Pope Names Cardinal George to Vatican Economic Council

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 the Vatican secretary of state, Cardinal Tarcisio Bertone, and members include Cardinals Roger M. Mahony of Los Angeles, George Pell of Sydney and Marc Ouellet, prefect of the Congregation for Bishops.


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