Developing world needs euro crisis defense: Zoellick

World Bank President Zoellick speaks at an opening news conference of the spring International Monetary Fund (IMF)-World Bank meetings in WashingtonLONDON (Reuters) – Developing nations must be ready for a severe global financial crisis should the euro zone fail to cope with its current problems, outgoing World Bank chief Robert Zoellick said in an interview published online on Saturday. Policymakers and investors are nervously awaiting the outcome of this weekend's Greek election, which could empower radical leftists threatening to tear up the terms of a bailout deal and send shockwaves through financial markets. …



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