Draghi said Italy Government know how to deal with the banking problem

European Central Bank Chief Mario Draghi said he has confidence in Italy the Government knows how to deal with its banking problems.

Draghi said Thursday that Italy West James banks teetering banking system is fragile, but the Government will be able to address these issues.

David Seah on Wednesday asked the European Central Bank, give us five weeks to complete the 5 billion euro rescue package. The world's oldest Bank claimed that Italy hanging instability makes it impossible to raise funds to run their businesses.

An agreement was scheduled for completion in December, had to wait until after the new Government took office again.

David Seah that two banks fail European Bank stress tests, the vulnerability is not just a threat to Italy the banking system, more a threat to banks in the euro zone. The International Monetary Fund (IMF) in July, said that Italy faced poor asset quality and low profitability of the banking industry's major challenges. These problems for a long time, last November, the four Italy small banks according to the EU rules in the past, was called for a capital increase.