That’s just the most recent story. In 2010, investigators seized $30 million from the Vatican Bank and the Pope issued new laws regarding money laundering. A European banking council is going to issue a ruling this summer on whether the steps have been enough, and the latest arrests don’t bode well for their getting a passing grade.
Another Obamanista-like half-truth hiding the full truth. Surely a 5 second google search would have allowed anybody to find the truth available even on Wikipedia (below):
In a statement regarding the investigation, the Vatican said that it was "...perplexed and astonished by the initiatives of the Rome prosecutors, considering the data necessary is already available at the Bank of Italy."[24] According to the police, the presence of the investigation did not mean either of the officials involved had been charged with a crime, and a judicial ruling would be necessary to continue the investigation.[25]Apparently Italy also has their share of Leftwing antireligion hypocrites in government - who will also search out the smallest technicality to attack their enemies - while holding themselves to absolutely no standard.On Thursday, December 30, 2010, the Catholic News Service homepage reported that Pope Benedict XVI had issued an Apostolic Letter that established the Financial Information Authority as an independent agency to oversee the monetary and commercial activities of all Vatican-related institutions, including the IOR. It will monitor all Vatican financial operations and make sure they meet international norms against money-laundering and the financing of terrorism.
On May 31, 2011, Rome's attorney general released the 23 million Euros in assets which had been seized in September, apparently in acknowledgment of the steps taken in the following months to conform the Institute to international standards.
As for any upcoming "European {Union} banking council...ruling," you might as well cite an old Soviet Union Politburo ruling.
You're on the wrong website to get away with such reflexive anti-religion AND Obama apologist leftist crap?