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VATICAN CITY (AFP) – 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 dollars) and had been affected "like other states, by the economic and financial crisis", a statement said. Gifts from churches to the head of the Roman Catholic Church had gone down, particularly at the festivals of Saint Peter and Saint Paul, and came to around 54 million euros (76 million dollars), the Vatican said This represented "a small drop due to the economic situation," it... [read full story]
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