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The Feast of the True Cross, known as Meskel in Ethiopia, is a significant religious and public holiday commemorating the discovery of the True Cross by Empress Helena. It is celebrated annually on September 27 (or September 28 in leap years) according to the Ethiopian calendar. As a national holiday, government offices, financial institutions, and most businesses across Ethiopia are closed. The festival is characterized by the burning of a large bonfire, known as a Demera, and is recognized by UNESCO as an intangible cultural heritage.
This event is a fixed-date public holiday based on the Ethiopian Orthodox Tewahedo Church calendar. It does not involve statistical calculation but results in a scheduled closure of the Ethiopian financial markets and banking systems.
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