If archdiocese goes bankrupt, parishes may have to close
Published 19/08/2011 | 05:00
THE news that the Dublin archdiocese is in severe financial difficulties should not come as a surprise.
Over €13m has been paid out in the last few years as a result of the abuse scandals.
The investments of the archdiocese have taken a huge hit as a result of the economic recession, and the recession has also badly hit the collection plate.