German Catholic archdiocese reveals it's richer than Vatican

February 19, 2015 3:49 PM

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PARIS Feb 19 (Reuters) - The Roman Catholic archdiocese of Cologne in Germany has disclosed it is worth 3.35 billion euros ($3.82 billion), making it richer than the Vatican.

Publication of the first full report of its wealth reflects greater financial transparency within the German Church since Pope Francis removed a bishop in Limburg, near Frankfurt, last year for spending 31 million euros from secret funds on a new luxury residence.

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