Cardinal Parolin says he arranged controversial hospital loan, Papal Foundation grant

Vatican City, Nov 20, 2019 / 10:26 am (CNA).- The Vatican Secretary of State told CNA this week that he is responsible for arranging a controversial loan for the purchase of a bankrupt Italian hospital, and that he arranged with Cardinal Donald Wuerl a grant from the U.S.-based Papal Foundation to cover the loan when it could not be repaid.