Europe's Debt Crisis, Greece, Italy, Markets

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Nov. 7 (Bloomberg) -- Kumar Palghat, a managing director at Kapstream Capital Pty in Sydney, talks about the outlook for Europe's debt crisis and its implications for global financial markets. Greek Prime Minister George Papandreou agreed to step down to allow the creation of a national unity government that will secure international financing and avert a collapse of the country’s economy.Palghat speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

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