Does the Vatican invest in weapons?
A few years ago the internet spread a rumor that the Vatican was a shareholder of one of the main arms companies, Beretta, but there is no support for this statement and, in fact, the company itself has denied it, reports the EFE news agency. .
What has happened is that with the cleaning up of finances, in addition to the fact that the administration is carried out by the APSA, the pope announced that, since September 2022, the investment and share accounts that the Vatican had in banks in the abroad would be centralized in the Vatican Bank. According to Reuters, the total investment amounts to around 2 billion euros.
In addition, it published a policy to ensure that investments made are ethical, green, low-risk, and avoid the arms and defense industries, pornography, gambling, and pharmaceutical companies that produce contraceptives, related products abortion or embryonic stem cells.