Stimulus and oil responsible for eurozone growth: ECB

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 official said Monday. "The eurozone is not part of the problem," ECB executive board member Benoit Coeure told French broadcaster BFM. "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.