Something simple like

@{ var myMessage="Hello World";}

does not work.

I want to do something like this:

<!-- Multi-statement block -->
@{
var greeting = "Welcome to our site!";
var weekDay = DateTime.Now.DayOfWeek;
var greetingMessage = greeting + " Here in Huston it is: " + weekDay;
}
<p>The greeting is: @greetingMessage</p>