DAILY CATHOLIC     FRI-SAT-SUN     January 8-10, 1999     vol. 10, no. 5

NEWS & VIEWS
from a CATHOLIC perspective

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VATICAN OFFICIAL HAS HIGH HOPES FOR EURO

          VATICAN (CWNews.com) -- In a sweeping statement issued on the feast of the Epiphany, Archbishop Sergio Sebastiani, the president of the Prefecture of Economic Affairs for the Holy See, expressed the hope that the introduction of the Euro would be "like the star of Christmas which alerted the Three Kings to birth of the Infant Jesus, and guided them to his crib."

          Explaining his high hopes, the archbishop told the Italian daily Avvenire that the new European currency might be "a sort of star for Europe, since it surpasses all the barriers and divisions of the past, and it could be a stimulant for greater unity among the peoples."

          However, the Vatican official cautioned that European union could not and should not be based on economic concerns alone. Rather, he said, the unity should be based on "the fundamental values of men, whose basis is found in Christianity."

          He said that the Vatican had decided to adopt the Euro because it is in Europe, and its economic conventions allow the use of the same currency as Italy. But he added that the Vatican has never renounced the right to mint its own currency-- "one of the classic roles of an independent state."


Articles provided through Catholic World News and Church News at Noticias Eclesiales. Both CWN and NE are not affiliated with the Daily CATHOLIC but provides this service via e-mail to the Daily CATHOLIC Monday through Friday.

January 8-10, 1999       volume 10, no. 5
NEWS & VIEWS

DAILY CATHOLIC

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