In a searing attack, Lorenzo Fontana said Brussels finance chiefs had prioritised the EU’s economy over citizens by pushing for a federalist eurozone.
He claimed this has given Italy a clear “disadvantage” while other EU nations have benefitted from the adoption of the euro.
The politician made the comments after Lega Nord and other Eurosceptic parties made huge gains in Sunday’s shock Italian election.
The centre-right bloc of Lega Nord and Forza Italia sent shockwaves through the EU by winning a combined 37 percent of the vote share.
Mr Fontana told MSNBC: “Our view is that the euro is a currency that was created incorrectly.
“It is a hybrid created to give certain countries an advantage and others, such as Italy, a disadvantage.
“Mainly it is a currency, that unlike the United States, where you have a central bank with a single public debt.
“It is a currency that has various public debts, meaning it becomes an issue whenever the EU says that public debt levels are too high.
“We have a spread that is currently too high, mainly due to certain populations that don’t want to manage their finances, which ultimately ended up with the formation of a European currency.”
Mr Fontana denied Lega Nord wanted Italy to leave the EU, saying it was “not against Europe” but did want the bloc to be reformed.
He said: “Our position remains that the European Union has enforced economic boundaries for our citizens and people.
“Europe can be strong if it remembers that there are a vast amount of populations with different identities, traditions, cultures.
“There isn’t an issue with creating a deal between the various people, but pushing forward the economy ahead of the people is incorrect.
“We have seen in the past this hasn’t worked; we want to change Europe’s perspective, we aren’t against Europe.”
Despite the huge support for anti-EU parties, the election results did not provide a clear view of who become Italy’s next Prime Minister.
As it stands, no party or coalition reached the 40 per cent majority needed to win the election and form a government.
This means Italian President Sergio Mattarella will decide which newly formed coalition should run the country.
At a press conference yesterday, Lega Nord leader Matteo Salvini said his party had earned the right to form the next government.