Australian Cardinal George Pell arrives for a meeting at the Synod Hall in the Vatican March 6, 2013. REUTERS/Tony Gentile
VATICAN CITY (Reuters) - Pope Francis has taken his boldest step yet to overhaul the Vatican's scandal-plagued finances, creating a new department with broad powers to oversee all of its economic and administrative affairs, the Vatican said on Monday.
The Secretariat for the Economy will answer directly to the pope and will be headed by Australian Cardinal George Pell, currently the archbishop of Sydney.
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