The influential Federation of German Industries (BDI) has amped up its demands for government action to halt the economic downturn, warning that Chancellor Olaf Scholz is running out of time. “It is high time for the government to flip the switch if anything is to improve significantly in the one and a half years until the next general election,” BDI chief Siegfried Russwurm told the t-online website in an interview published on Friday. The government must “take bold and united action,” said Russwurm, who recently met Scholz again to try to resolve their differences about the situation. “We no…