From European Economic Forecast, Autumn 2019, European Commission
Economic growth slowed in the first half of the year but is expected to remain resilient, against the headwinds of a weaker external environment. The ongoing recovery is likely to be supported by gains in export market shares and fiscal policy measures aiming to stimulate investment and reduce labour costs. The general government balance is projected to record a surplus in 2019 for the fourth year in a row, which should facilitate a rapid reduction in public debt. Greece is projected to achieve its agreed fiscal targets, while at the same time improving the quality of its public finances.