<\/a>The Vatican City State budget, which includes the Vatican Museums and post office, is supported financially by the sale of stamps, coins, medals, by fees for admission to museums, and by publications sales. Vatican’s other “industries” include printing and production of mosaics. On the other hand, the Holy See is supported by investments, real estate and donations from Catholic individuals, dioceses and various institutions. Even though is not part of the European Union, Vatican City has used the euro as its currency since 1 January 1999, based on a special agreement with the European Union.<\/p>\nThe state does not issue euro banknotes, but issues its own Vatican Euro coins, which are rare and highly sought by collectors. The 15 million euro budget deficit recorded in 2011 prompted the Vatican to start a spending review in 2012 to determine where to cut costs. The country’s most public 2018 expenditures go to wages and other personnel costs. Despite running budget deficits and obtaining much of its money from international donations, the Vatican has often been accused of being excessively wealthy.<\/p>\n