New World Bank Chief Jim Yong Kim has warned that the eurozone financial crisis poses a deep risk for the global economy and said it was urgent that European countries act to restore stability. In a statement marking his first day on the job, Kim yesterday said, the world's economy remains highly vulnerable. He said that the World Bank has an economic and moral imperative to help address risks to global growth. Kim, a physician and global health specialist who was chosen over two respected economists for the position, said his immediate priority would be to help developing countries maintain progress against poverty in these volatile times. His focus on threats spilling out of the eurozone echoed his predecessor, Robert Zoellick, who repeatedly in recent months stressed the danger posed by the euro crisis and indecisiveness by European leaders to the rest of the world