Avgenakis: VAT Reduction to Be Introduced on Sports Contracts and Venue Tickets

August 23, 2019

ATHENS – Deputy Sports Minister Lefteris Avgenakis on Thursday announced the reduction of VAT on athletes’ contracts and on tickets for the public.

Avgenakis announced the new measures at a meeting with officials from the field of football adding that he will table it in parliament next week.

“Tax on contacts will be reduced, as will the tax on tickets,” Avgenakis said. “I can tell you, with reservations, that it will be reduced to the lowest VAT level because I expect the approval from the General Accounting Office. But it will certainly not remain at 24 pct, which was very high and did not follow the spirit of other sports and cultural activities. This means that you will see more liquidity in your coffers and there will be more incentives for donations and sponsorships to the sports clubs and associations,” Avgenakis said.


BARCELONA - Stefanos Tsitsipas encountered a significant challenge in his match against Facundo Diaz Acosta during the Barcelona Open Banc Sabadell on Friday.

Top Stories


A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.


Indians Vote in the First Phase of the World’s Largest Election as Modi Seeks a Third Term

NEW DELHI (AP) — Millions of Indians began voting Friday in a six-week election that's a referendum on Narendra Modi, the populist prime minister who has championed an assertive brand of Hindu nationalist politics and is seeking a rare third term as the country's leader.

NEW YORK – The iconic Greek singer Haris Alexiou appeared on a billboard at the famous ‘Crossroads of the World,’ Times Square in New York on April 18 as the face of a global campaign for equality in the music industry, Athens Voice reported.

ATHENS - The ballot paper for the upcoming European elections was presented by the leader of SYRIZA - Progressive Alliance Stefanos Kasselakis, on Friday night at the 'Hellenic Cosmos' Cultural Center.

ATHENS - The Prime Minister Kyriakos Mitsotakis visited the upgraded port of Sigri in Lesvos as part of his tour of the island on Friday.

ASTORIA – Danae and Hellenic Aesthetic announced the launch of their collaboration ‘Dressing the Table’ on the Hellenic Aesthetic blog on April 17, noting that “the inspiration behind this project is to bring new life into our forgotten family heirlooms, like hand-embroidered tablecloths, so we can enjoy them in a modern way.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.