“Guns and butter”: Ifo boss believes cuts in social benefits are inevitable. German family business files for bankruptcy - 150 employees affected.

German Chancellor Olaf Scholz made people sit up and take notice at the Munich Security Conference. Green Party leader Ricarda Lang said Germany must invest more money to support Ukraine. But: “We must not play external security off against social security within the country.” It will not be possible to finance these tasks from the current budget.