PARIS: The uncertainties threatening the global economy are not coming from the eurozone, where growth is essentially due to stimulus and cheap oil, a European Central Bank (ECB) official said on Monday. “The eurozone is not part of the problem,” Benoit Coeure, ECB executive board member told French broadcaster BFM. “The problems are questions, anxieties, and those about big emerging countries, about China and the United States,” he said after another day of sharp losses on European and US equities markets. “Our diagnosis today is that there are no bubbles in the eurozone,” Coeure said when questioned about the ECB’s ultra-low interest rate policy.