“Guns and butter”: Ifo boss believes cuts in social benefits are inevitable. Finance Minister calls for a multi-year moratorium on social spending and subsidies.

Green Party leader Ricarda Lang: “We must not play external security off against social security within the country.” “If we could manage to get by with what we have for three years, then that would be a really big step towards consolidation,” says FDP leader Christian Lindner. “This is a land of milk and honey. But this would be nice if that were possible,’ says Ifo president.