The action concerns the second cycle to support businesses regardless of the sector affected by the pandemic in the form of a repayable advance. The final beneficiaries will be Small and Medium-sized Enterprises, regardless of their legal form, legally operating in the country and which have been affected by the COVID-19 pandemic. Undertakings active in the primary production of agricultural products and in the fisheries and aquaculture sector shall not be eligible.For the period until 31 December 2021 an interest-free grace period shall be provided during which the beneficiary undertaking shall not be obliged to repay any portion of capital or interest. At the end of the grace period, the amount of aid received shall be repaid in 40 equal monthly instalments, each of which will be paid on the last day of the month. The aid amount is subject to a reference rate of 0.94 % corresponding to the base rate set by the European Commission for Greece and in force on the date of entry into force of Joint Ministerial Decision No 148 (GG II 2729/3.7.2020), in accordance with the Commission’s Communication 2008/C 14/02 (C 14/6 of 19.1.2008), i.e. -0.15, plus 109 basis points. It should also be noted that the aided undertaking is obliged to maintain until 31 October 2020 the number of employees it employed on 1 June 2020 on the basis of the data of the ERGANI system. Finally, only 70 % of the aid may be reimbursed if the company’s turnover, one year after receipt of the aid, is reduced by 70 % or more in relation to the level of reference turnover or gross reference income as defined in Article 2(10) and (11) of Joint Ministerial Decision No 148 (GG II 2729/3.7.2020)b) of reimbursement of only 60 % of the aid; for enterprises employing more than 20 employees on 1 June 2020, provided that they maintain on average the number of employees employed on 1 June 2020 on the basis of the data of the ERGANI system, up to and including 1 June 2021.For undertakings receiving aid under the Temporary Framework, the total amount of aid received from any programme under Section 3.1 of the Temporary Framework may not exceed EUR 8 hundred thousand (800 000). The maximum amount of aid from the action concerned per undertaking may not exceed EUR 300 000 for enterprises employing up to 250 persons and EUR 500 000 for enterprises employing more than 250 persons. The action is included in the list of measures to the EU until 31/12/2020, namely under schemes approved under 19.3.2020/C(2020) 1863 Commission Communication on the Temporary Framework for State aid measures, as in force, to support the economy during the current COVID-19 outbreak and the approved EU scheme SA of 7 April 2020. 56815 (2020/N) as amended by No 58047(2020/N) Greece, Communication C(2020) 5404 final/31.7.2020.The aid granted to the undertakings of the operation concerns only the Temporary Framework Scheme C(2020)1863/19-03-2020.