“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.” “This is a land of milk and honey. That doesn't also work,” says Clemens Fuest, President of the Ifo economic research institute. “But cannons without butter, without butter,.” he adds.