Sunday, May 03, 2026

Cardinal Marx: The Vatican is not poor

The Munich Cardinal Reinhard Marx considers the financial problems of the Holy See to be solvable. 

In an interview with the magazine Herder Korrespondenz, he said the gains of the Vatican Bank and the Vatican State could be used "to remain reliable in the black numbers with the Holy See."

The Holy See is the central management of the universal Catholic Church and has high expenses annually as the bearer of the Curia personnel, the expensive diplomatic service and the also costly Vatican media. 

Without transfers from the profits of the Vatican Bank and the Vatican State, which also includes the Vatican Museums, he would not be viable. 

The worldwide annual collection of the Peterspfennig is not enough to finance these costs.

'This has to get better'

According to Marx, despite the cross-financing from the profits of the Vatican Bank and Vatican State, the financing of the pension fund of the employees remains a problem. This is “like almost all institutions worldwide.” 

However, there can be no talk of an existential financial crisis. In this context, Marx complained that there are several economic units in the Holy See and the Vatican, each presenting and communicating their own balance sheets separately. 

"This needs to get better," said the cardinal, who has headed the Economic Council for the Vatican and the Holy See since 2014. The cardinal also referred to plans to establish his own Vatican fundraising department. "I think that's right, too," Marx said.

The Marx interview is published in the new special issue of the Herder correspondence "Pope Leo XIV and the Future of the Papal Office". 

Experts examine the personality and the first decisions of Leo XIV, ask about political and theological goals or about his program in conversation with Judaism and Islam. 

Contributions also deal with papal style and staging or with the music of the popes.