The Trokia mission, the EU, IMF and ECB to Greece provided their final recommendations for the situation on ground and judged that the debt-laden nation should be handed the sixth tranche as soon as possible.

According to the draft of the report obtained by Reuters on Thursday, the mission judged that Greece should be given the funds despite finding extremely worrying government debt dynamics.

The draft also assessed that the economic slowdown was much more than expected and further downside revisions to medium term growth expectations could be warranted. Nevertheless, the outlook for additional government austerity measures could help Greece reach the deficit target for next year, yet still will miss the 2011 target.