"I would think about a double currency, why not to use the Euro along with other currencies, meant as commodities, and have a local currency, for local business, as in many countries of the world," Paolo Bernadini, founding member of the Independence Veneta party, said on Friday.
According to Bernadini, giving up the Euro altogether is not necessary if Italy decides to leave the Eurozone, as the country could continue using the currency for a short while afterwards.
According to the Veneta party member, Italy could adopt a multiple currency system, or even introduce the virtual Bitcoin currency.
"All central banks should be closed. So we might even think of a double currency, or multiple currency, keeping the Euro for a number of transactions," Bernadini told Sputnik.
He stressed, however, that Europe's major problem is not the Euro, but the "monstrous fiscality" that is having a dramatic effect on Italy.
In November 2014, the Italian Eurosceptic Five Star Movement (M5S), Italy's largest opposition party, launched a petition supporting a referendum on Italy's exit from the Eurozone.