He's embarrassed by other Americans who go to Europe and all they can say is "Merci beaucoup", which he probably thinks is Canadian for "Where's the bathroom?"
You know, its embarrassing its embarrassing when Europeans come over here, they all speak English, they speak French, they speak German. And then we go over to Europe, and all we can say, Merci beaucoup. Right?--Barack Hussein Obama
Excellent context to put Obama's comments about speaking Austrian in Austria.