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VATICAN CITY (AP) - The Vatican said Saturday it ran a deficit in 2008 as its finances and donations from across the world were hit by the global economic crisis.
The Vatican posted a budget deficit for a second straight year, though the figures improved strongly from 2007. The Holy See's 2008 deficit was around euro0.9 million ($1.28 million), compared with a loss of euro9.06 million a year earlier.
The financial report released Saturday by the Holy See's press office listed revenues of euro253.9 million and expenses for euro254.8 million.
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