The Vatican has disclosed that it has €1.1 billion ($1.2 billion, £750 million) previously unrecorded on its overall balance sheet (John Allen). Cardinal Reinhard Marx has congratulated EU leaders for finding a "European solution" to the Greek crisis. Lord Patten has said he will "watch with interest" to see if the Vatican carries out his proposed media reforms. Francis has marked the bicentenary of St John Bosco's birth by hailing the saint's commitment to "love in action". The Pope now has 22 million Twitter followers. Sébastien Maillard explores the thinking behind "Francisnomics". And Rome Reports profiles the businessman whose Cause Francis is promoting. Follow me on Twitter @lukecoppen for updates throughout the day.
8:22 AM
Morning Catholic must-reads: 17/07/15
A daily guide to what's happening in the Catholic Church
Luke Coppen

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