WB sets $27bn for countries hurt by euro crisis

WASHINGTON: The World Bank said Wednesday it was making $27 billion available for countries in central and eastern Europe and Central Asia impacted hard by the eurozone crisis.

"While the effects of the Eurozone crisis on the largest economies of Western Europe receive most of the world's attention, the crisis is also hurting people in emerging Eastern European countries, particularly the poorest in central and southeastern Europe," World Bank President Robert Zoellick said.