“Guns and butter’: Ifo boss believes cuts in social benefits are inevitable. “But cannons without butter, without butter doesn't work”: Clemens Fuest, president of the Ifo economic research institute.
Ifo president assumes a narrower welfare state. There is no avoiding savings when it comes to financing the Bundeswehr. German family business files for bankruptcy - 150 employees affected. Thousands of employees can look forward to a special payment for February's payroll.