Vatican City, May 13, 2020 / 02:30 pm (CNA).- The new head of the Holy See’s financial office said Wednesday the Vatican is not at risk of fiscal default, even while reports in the Italian media indicate dire deficit projections for the Holy See.  

Speaking to Vatican Media May 13, Jesuit Fr. Juan Antonio Guerrero Alves said the Holy See is sure to see its deficit grow due to the coronavirus pandemic, but is not in danger of default.