Germany's leading economists and industrial leaders are urging a major shift in economic policy to address the nation's growing challenges.

Economist Monika Schnitzer and Enzo Weber advocate for a focus on innovation rather than preserving outdated systems.

Meanwhile, the Federation of German Industries (BDI) warns of a "free fall" in competitiveness, calling for deep structural reforms to prevent deindustrialization and economic decline.

BDI President Siegfried Russwurm criticized the current government for two "lost years" and emphasized the need for immediate action to attract investments and revitalize the economy.

As Germany prepares for upcoming elections, these voices highlight the urgency of a new economic direction.