Commentators have marveled at his mischaracterization of the gold standard and his defensiveness at the suggestion that loose Fed monetary policy of the early and mid-2000s played a role in causing the housing bubble and thus the Great Recession.
"In view of the fact that many of the proposals for Greece have not been implemented, the suggestion for more control and supervision goes in the right direction, " Norbert Barthle, a budget policy leader for the centre-right CDU party of Chancellor Angela Merkel, told Reuters.