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November 19, 2014

Italy promises to return 23 million euros to Vatican bank

The Institute for the Works of Religion, popularly known as the Vatican bank, is seen in a 2009 photo.

VATICAN CITY - In what the Vatican bank described as recognition that it has established serious measures to prevent money laundering, it announced the Italian government has promised to return 23 million euros (U.S. $29 million) that had been blocked for more than three years.

Published in Vatican