The Dormition of the Holy Virgin, observed on August 15th, is one of the most important religious holidays in Greece, often referred to as the 'Summer Easter.' It commemorates the assumption of the Virgin Mary and is a day of national pilgrimage and celebration. All public services, financial markets, and most private businesses across the country remain closed.
This event is a fixed public holiday in the Hellenic Republic. Its primary economic impact is the suspension of all trading activities on the Athens Stock Exchange and the cessation of banking operations.
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