Catholic cardinals gathered in Rome voted Friday to begin the conclave, to elect a new pope next Tuesday afternoon, the Vatican said. The 115 cardinal-electors taking part in the conclave will enter the closed-door process after a morning Mass and only cardinals younger than 80 are eligible to vote.
European Central Bank President Mario Draghi urged indebted governments to move beyond spending cuts and tax hikes and introduce reforms that would boost growth and reduce the “tragedy” of unemployment.