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The Vatican on the Brink of Bankruptcy
Due to declining donations and reduced tourist numbers, the Vatican's finances are in dire straits. The state budget deficit has reached €83 million, while the negative balance of the Vatican Pension Fund stands at €631 million.
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Due to declining donations and reduced tourist numbers, the Vatican's finances are in dire straits. The state budget deficit has reached €83 million, while the negative balance of the Vatican Pension Fund stands at €631 million.
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