Vatican Hit By Economic Downturn-Report - Congoo

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Vatican hit by economic downturn-report

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Philippine Daily Inquirer | July 05, 2009

VATICAN CITY - Pope Benedict XVI has not escaped the economic downturn, with donations hit by the global financial storm, official figures showed Saturday. The Vatican City ended 2008 with a deficit of 15 million euros ($21 million) and had been affected 'like other states, by the economic and finan...

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