The heir to the billionaire family that owns Italian clothing company Benetton has said Europe will improve if Brussels can be more sensitive to local needs.
On Sunday, the Italian election failed to throw up a clear winner, although anti-establishment parties who have shown ambivalence toward the European Union (EU) performed well.
The result showed a shift in the country's political identity and Alessandro Benetton, who manages the private equity firm, 21 Investimenti, told CNBC on Tuesday that political classes must listen to such signals.
"If we are saying that Europe is not providing the sort of guidance that we have been waiting for then that is something we need to work around," he said.
"We have seen it in the Italian banking system. If you want to be global you need local knowledge so Europe needs to make more of a step in this direction."
The investor said that the future of Europe was not in question, but there was definitely an opportunity for the EU to listen in order to make the continent work better.