Information, Vatican: Current Crisis Calls for World Financial Reorganisation

In the Vatican’s Clementine Hall the Holy Father Benedict XVI received members of the Union of Industrialists and Businesses of Rome. Opening his remarks to them with a reference to the current economic crisis, the Pope noted how it has sorely tried the economic and productive systems of various countries. Nonetheless, it should be faced with trust because it can be considered as an opportunity for the revision of development models and the reorganisation of global finance, a ‘new time’ – as it has been described – of profound reflection.

Benedict XVI concluded his remarks by saying that development, in whatever sector of human existence, also means openness to the transcendent, to the spiritual dimension of life, to trust in God, to love, to fraternity, to acceptance, to justice and to peace.