Vatican's Financial Struggles Unveiled: Pope Francis Faces Resistance

Pope Francis encounters resistance from cardinals over financial reforms aimed at addressing the Vatican's growing budget deficit. Amid pneumonia hospitalization, a new commission is created to foster donations. The Vatican grapples with pension fund liabilities and declining tourism income, exploring external funding to mitigate budget shortfalls.

Pope Francis is grappling with mounting financial challenges within the Vatican, as firm opposition from some cardinals highlights resistance to his economic strategies.

During his battle with double pneumonia, Pope Francis established a high-level commission to galvanize donations to the Vatican. This move comes amid pushback against the pope's budget cuts, revealing a significant gap in the Vatican's finances.

The Vatican's deficit, exacerbated by declining tourism income and growing pension liabilities, has led Pope Francis to consider seeking external funding sources and restructuring its financial framework. The creation of this new commission reflects a critical effort to stabilize and sustain the Vatican's economic health.

(With inputs from agencies.)