March’s general election in Italy poses a threat to stability at a time when the economy is performing well, according to the country’s economic development minister.Carlo Calenda told CNBC on Monday that the prospect of a hung parliament following the March 4 election, when it is expected that no one party will gain an absolute majority allowing it to govern alone, was a risk.”It’s a threat and it’s clear that once we have a system that is based on three pillars (political parties) that this is very difficult to find a majority,” he said. “Although, I have to say that there is a government today that is in place, that has the trust of the Italian citizen, and I think that this is a positive backstop.”
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