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Pope Francis: Build an economy based on honesty. Encouraging the growth of cooperatives, and favouring the participation of associates in a sign of subsidiarity: Those were some of the indications …More
Pope Francis: Build an economy based on honesty.

Encouraging the growth of cooperatives, and favouring the participation of associates in a sign of subsidiarity: Those were some of the indications given by Pope Francis to the directors and employees of the Banca di Credito Cooperativo of Rome, who, along with their families, were received Saturday morning in an audience in the Vatican. The Italian credit union was celebrating the sixtieth anniversary of its foundation. “The Church knows well the value of cooperatives,” the Pope said, which were often founded by priests and members of the lay faithful. In his discourse, the Holy Father encouraged them in several fields, including calling on them to help find new solutions in aiding the weakest member ...