Vatican City, Oct 22, 2019 / 10:00 am (CNA).- The head of the Vatican’s sovereign asset management body has insisted that the Holy See is not headed for financial “collapse.”

Bishop Nunzio Galantino made the comments in response to a book published on Monday by Italian journalist Gianluigi Nuzzi, which claims that the Holy See is facing a serious cash shortage, and may soon be unable to meet its ordinary operating expenses.