Loss of "AAA" rating, the maximum possible by France would increase the country's difficulties, but not insurmountable, said French President Nicolas Sarkozy, in an interview with Le Monde newspaper.
Credit rating agencies consider the French banking sector as a country risk rating, but the European Banking Authority announced that it need less capital than the big German banks, he said.



News from the banking authority are "good", and the state will not contribute to any raising capital cent to 7.7 billion required banks, Sarkozy added.



If credit rating agencies will downgrade France, the government will remain "calm" the French president said.



"It would be an additional difficulty, but not insurmountable," said Sarkozy for Le Monde.



Banking Authority announced last week, adding that the amount on French bank capital is 7.3 billion euros, 1.5 billion euros the previous estimate. Societe Generale has to increase its capital by 2.1 billion euros, while BNP Paribas to 1.47 billion euros.



Data on German banks are over two times higher compared with baseline of 5.2 billion estimated by the European authorities in October. Deutsche Bank needs 3.2 billion euros and Commerzbank 5.3 billion euros.



S & P warned last week that could reduce the ratings of the 15 euro area countries, including six AAA qualified countries, among which France, in the absence of decisive and credible decisions to tackle the debt crisis of the state. Communication S & P projected stage demotion to AAA five countries, but France's rating could be lowered by two notches.