NEW PANEL: Pope Francis on Friday created another commission of inquiry into the Vatican's troubled finances.
REFORM MANDATE: The eight-member committee will recommend ways to cut waste, improve transparency and fix the Holy See's administrative shortcomings. It is the third such commission Francis has named in his four months as pope.
HOLY SEE'S PROBLEMS: Documents have exposed the petty turf battles among Vatican bureaucrats, allegations of corruption in the awarding of Vatican contracts and enormous fiscal waste, including the 550,000 euro ($720,115) the Holy See spent in 2009 for its Christmas Nativity scene in St. Peter's Square.
Source: http://news.yahoo.com/news-summary-pope-creates-finance-164835925.html
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