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Doing business & staying in touch

Economy: 

The Vatican has three main sources of income: the Instituto per le Opere di Religione (IOR, Institute of Religious Works), voluntary contributions known as 'Peter's Pence' and the interest on the Vatican's investments. The IOR (the Vatican Bank) has attracted some controversy in recent years through the emergence of huge debts and allegations of corruption. Nonetheless, as the heart of a worldwide entity with millions of adherents, the Vatican continues to wield immense financial influence. The Vatican produces little other than religious artefacts, and its material requirements are largely met from Italian sources.

Staying in touch in Vatican City

Post: 

Stamps issued in the Vatican City are valid only within its boundaries.

Media: 

Press: 

• The daily newspaper published in the Vatican City is L'Osservatore Romano, with weekly editions in English and other international languages.

Television: 

• Vatican Radio broadcasts worldwide on a daily basis. Programmes are offered in 34 languages and are sent out from the Vatican on short wave, medium wave, FM, and satellite.

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