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He promised further "decisive steps" to restructure the company, including the spinoff of failed units in Britain, where it paid 7 billion Australian dollars ($4.6 billion) to expand insurance operations.
Olli Rehn, the European commissioner for economic and monetary affairs, said that although Athens had made budgetary adjustments in the last 12 months, further "decisive steps by the Greek authorities are indispensable".
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It represents a further decisive step away from that phase of the struggle which was dominated by... the armed struggle of the IRA..
With a common European currency, Europe has taken a further decisive step in integration.
The commission failed to call for an international protection force to separate the two sides, however, underscoring an unwillingness to support the decisive steps necessary to curb further bloodshed.
"President Mohamed Morsi needs to acknowledge the deep and longstanding problem of sectarian violence in Egypt and take decisive steps to address it before it escalates further," said Nadim Houry, deputy director for the North Africa and Middle East program at Human Rights Watch.
It calls for immediate, decisive steps.
Butler took decisive steps in 1931 to restore the school's reputation.
That means they could risk decisive steps if they had the internal motivation to do so.
"We will continue to watch currency market moves and take decisive steps if necessary, including intervention".
Decisive steps by world leaders to right Europe's teetering economy sent stocks soaring on Wednesday.
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