Silvia's Feed
Jun 1, 2012

Heavy security for Milan visit by scandal-hit pope

MILAN (Reuters) – Some 15,000 policemen deployed in Milan on Friday to keep protesters at bay during a visit by Pope Benedict which is unlikely to provide much respite from the worst crisis of his papacy.

The pope, who has expressed sadness and pain over a scandal which exploded last week when his butler was arrested for stealing his private documents, will begin a three-day visit to Italy’s financial capital on Friday evening.

May 31, 2012

Pope’s tiny police force hunts the enemy within

VATICAN CITY (Reuters) – They are the pope’s shadow, his bodyguards both within the borders of the Vatican and during trips abroad. They are the police of the world’s smallest state.

But while the Vatican’s gendarmes are trained to protect Benedict XVI from external threats, this time they are hunting people who may be hiding within his inner circle.

May 31, 2012

Vatican justice medieval: French lawyer

VATICAN CITY (Reuters) – The Vatican’s justice system harks back to medieval times and is unlikely to provide the pope’s butler with fair treatment after his arrest for leaking confidential documents, according to a French lawyer involved in a previous case in the Holy See.

Luc Brossollet is not involved in the so-called “Vatileaks” case shaking the papacy but he said his personal experience suggested the Vatican’s judiciary is under the thumb of the Holy See and allows scant regard for the rights of defendants.

May 31, 2012
via FaithWorld

Italian journalist defends his book on leaked Vatican documents

Photo

(Gianluigi Nuzzi, May 11, 2011/RanZag)

An Italian journalist behind a leaks scandal shaking the Roman Catholic Church denies Vatican accusations he is a criminal and says he was only doing his duty to uncover the truth.

Gianluigi Nuzzi’s book, alleging corruption and conspiracies among cardinals in a Vatican struggle for power, has led to a hunt for informants in the Holy See and the arrest of Pope Benedict XVI’s butler, one of the people closest to him.

May 30, 2012

Italian journalist defends Vatican leaks

ROME (Reuters) – An Italian journalist behind a leaks scandal shaking the Roman Catholic Church denies Vatican accusations he is a criminal and says he was only doing his duty to uncover the truth.

Gianluigi Nuzzi’s book, alleging corruption and conspiracies among cardinals in a Vatican struggle for power, has led to a hunt for informants in the Holy See and the arrest of Pope Benedict XVI’s butler, one of the people closest to him.

May 29, 2012
via FaithWorld

Catholics fear Vatican’s “Vatileaks” scandal will harm their Church

Photo

(Pilgrims and priests at the Vatican, 29 May 2012/Tom Heneghan)

Catholic clerics and pilgrims visiting St Peter’s basilica on Tuesday expressed shock over a scandal that has shaken the Vatican and led to the arrest of the pope’s butler, fearing it would hurt both the pontiff and the Church.

“It’s awful and very sad that something like that can happen right at the heart of the Vatican,” said David Kaberia, a priest from Meru in Kenya, standing under the sun in a queue snaking through half of St Peter’s Square to tour one of the holiest sites of Roman Catholicism.

May 29, 2012

Catholics fear Vatican scandal will harm Church

VATICAN CITY, May 29 (Reuters) – Clerics and pilgrims
visiting St Peter’s basilica on Tuesday expressed shock over a
scandal that has shaken the Vatican and led to the arrest of the
pope’s butler, fearing it would hurt both the pontiff and the
Church.

“It’s awful and very sad that something like that can happen
right at the heart of the Vatican,” said David Kaberia, a priest
from Meru in Kenya, standing under the sun in a queue snaking
through half of St Peter’s Square to tour one of the holiest
sites of Roman Catholicism.

May 27, 2012

Parma mayor becomes Italy’s most-watched politician

PARMA, Italy (Reuters) – Federico Pizzarotti was an unknown, 38-year-old computer technician at a bank until a few weeks ago. Just four days after being elected the mayor of Parma, he has become the most-watched political figure in Italy.

Pizzarotti’s leap to fame comes thanks to the grassroots Five-Star Movement, led by comedian Beppe Grillo, which dealt a stunning blow to the parties that have governed Italy for the past two decades in this month’s local elections.

May 25, 2012

Euro zone must head toward banking union: ECB’s Praet

MILAN (Reuters) – The euro zone needs to push ahead with its financial sector reform plans and create a centrally managed and funded body to handle troubled banks, a European Central Bank policymaker said on Friday.

“Europe needs to move towards a ‘financial union’, with a single euro area authority responsible for the supervision and resolution of large and complex cross-border banks,” ECB Executive Board member Peter Praet said.

May 23, 2012

UniCredit, Intesa sold LSE stakes at 960p a share

MILAN, May 23 (Reuters) – Italian banks UniCredit
and Intesa Sanpaolo said on Wednesday they had sold
their combined 11.5 percent stake in the London Stock Exchange
for 960 pence per share, raising 370 million euros.

The price was at the bottom end of the 960-1,000 pence range
provided by the offer terms sheet on Tuesday, valuing
UniCredit’s 6.1 percent stake at 197.6 million euros ($252
million) and Intesa’s 5.4 percent holding at 172.5 million
euros.