- Battle lines drawn
This week produced the clearest evidence yet that the Synod Fathers are sharply divided between those who are supporting Pope Francis in his efforts to present a more pastoral vision of the Church and those determined first and foremost to emphasise its moral teaching
- Home News
- World News
- Parish Practice
- Letters Extra
- The living Spirit
- Pope Francis invokes Paul VI's call for the Church to adapt to respond to changing 'needs of our time'
- Bishops pass synod document but fail to agree on three measures for care of remarried or gay Catholics
- Politicians and policy makers back Catholic Social Teaching as solution to economic crisis
- Francis picks Brentwood priest for biblical commission
The German Church's Weltbild publishing house, which was suspended two years ago for selling pornographic books, said it had staved off insolvency by obtaining a new €60 million (£50.3m) investment from Catholic dioceses.
Germany's Frankfurter Allgemeine Zeitung (FAZ) said the money had been put up by 12 share-holding dioceses, as well as the Church's Berlin-based military chaplaincy and Association of German Dioceses.
The daily added that the investment would enable the Augsburg-based company to close a "liquidity gap" in time for the Christmas season and return to profitability after further restructuring by 2015. Employing 6,800, Weltbild enjoyed annual sales of €1.6 billion (£1.3bn) until it was exposed in 2011 for selling pornographic books alongside its religious titles. Its chairman, Carel Halff, later apologised for "mistakes and oversights" by the firm, Germany's third largest book retailer.
In its report, FAZ said Bavaria's Munich-Freising Archdiocese had put up half the latest investment, while two other dioceses, Mainz and Hildesheim, had bought shares for the first time.