On 3 July 2020, the Finance Ministry and the Ministry of Labor & Social Affairs announced the progress of additional measures to support employees and companies for the period July to September 2020. The relief measures include:

• Granting of the 3^rd cycle of Refundable Advance payment in the month of August, taking into account the fall of the turnover of the companies in the months of June and July. This cycle will also include sole proprietorships without employees and without a cash register, which belong to the tourism sector.
• Extension of the provision for subsidizing 60% of the employers’ insurance contributions in the SYN-ERGASIA program for the months of August to October.
• Coverage of State Budget of employer contributions during the months of July, August and September 2020 for companies that have the highest percentage of their turnover by 3 the quarter. More specifically, for businesses in the tertiary sector subject to VAT, which at 3 the quarter of 2019 (July to September) received over 50% of their annual turnover, employers’ social security contributions will not be paid by businesses and will be covered by the State Budget. The same applies to companies operating in the aviation and shipping sectors.
• For the employees of all the above companies that are part of the COOPERATION program, the total of the employers’ insurance contributions will also be covered.
• Extension of the possibility of suspending the employment contract of the employees in enterprises of the tourism sector (hotels, seasonal accommodation, tourist offices), retail trade of tourist goods, shops and enterprises of all kinds operating within hotel units, as well as enterprises in the aviation sector and shipping for the months of August and September.
• Businesses and individuals who are subject to VAT will receive a reduction in the tax advance, depending on the drop in turnover they had in the first half of 2020 compared to the first half of 2019, based on the following scale: advance tax payment reduced by 30% in where turnover decreases of 5% to 15%; advance tax payment reduced by 50% in where turnover decreases of 15.1% to 25%; advance tax payment reduced by 70% in where turnover decreases of 25.1% to 35% and exempted from advance tax payment in where turnover decreases more than 35%.
• The reduction of the tax advance is set at 50% for businesses and individuals who are not subject to VAT.