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I am playing Byzantium and the event for the loss of Greek fire just fired ; ok what exactly has changed? I mean is this just stating a historical fact? :unsure:
afaik it's just another of the entertaining Byzantine flavor event series that might give you random traits, piety prestige, and gold gain/loss. There isn't even navel combat for it to affect.
There is an ending were you capture the pirate king and he appears in your court. (Though, not in chains. Bug?) I normally put him in charge of some newly conquered area, as he has always had good stats for me.