IfW President Criticizes Pistorius Over Outdated Defense Investments

German defense modernization efforts face mounting friction as Moritz Schularick, president of the Kiel Institute for the World Economy (IfW), has criticized Federal Defense Minister Boris Pistorius over funding allocation strategies. According to reporting from the Süddeutsche Zeitung and br.de, the economic analyst argues that the €700 billion overhaul of the Bundeswehr risks missing its … Read more