Reports in Le Figaro suggest that the Society of St. Pius X and Rome may sign an accord of understanding. Various reports also carried by the blog, Rorate Caeli suggest a possible positive outcome. Louie Verecchio has some interesting reflections on the recent negotiations.
Personally, this would be a great day for the Church. The Society has a great many things to offer the Church. The personal involvement of Pope Benedict to remove unnecessary obstacles speaks to this offering that the Society could bring.
It is not just a question of "beautiful" liturgy; but of correct doctrine - in full union with Rome, without ambiguity - being available to the faithful. It would be an understatement to say that correct doctrine is needed in parish life.
|Pope Benedict meeting SSPX Superior, Bp. Bernard Fellay|
Suggested Further reading: DICI (SSPX news service)
Bishop Fellay's Letter's, Sermons and interviews