Mr Klaus also addressed the euro zone crisis on Wednesday, saying it is a
mistake to blame the problem on Greece alone. Europe, he said, was
responsible for its financial management and decision to live beyond its
means. The president said that it was not only irresponsible of Greece to
accept exorbitant loans but for the EU to provide them. The crisis in
Greece will be probably the main issue of the G20 summit starting in
Cannes, France, today, with Greek Prime Minister Georgios Papandreou
attending. German Chancellor Angela Merkel and French President Nicolas
Sarkozy are to have separate talks with representatives of the
International Monetary Fund (IMF) and the EU and of Greece at the summit to
calm down the tension on financial markets provoked by Papandreou´s
statement that he would call a referendum on the euro zone´s new financial
aid to Greece.