Paraskeva fled to Chalcedon in Asia Minor, and afterwards lived at the church of the Most Holy Theotokos in Heraclea Pontica in Bithynia.

She returned to Constantinople and then settled down a short distance west, living the last two years of her life in the village of Kallikrateia, in the church of the Holy Apostles, where she died age 27.

[citation needed] As one scholar asked: Was Parasceve, or Paraskeva, an early Christian maiden named in honor of the day of the Crucifixion?

[5]The cults of the 3rd-century virgin martyr, Paraskevi of Iconium (Paraskeva-Pyatnitsa), and the 10th-century Paraskeva of the Balkans, were conflated with that of a Slavic deity associated with Friday, alternatively known as Petka, Pyatnitsa, or Zhiva.

[citation needed] Any confusion was clarified once the Romanian Orthodox Church decided on 28 February 1950 to generalise the cult of Saint Parascheva the New.

The relics winded their way through the drought-deserted villages of Iaşi, Vaslui, Roman, Bacău, Putna, Neamţ, Baia and Botoşani County|Botoşani Counties.

The offerings collected on this occasion were distributed, based on Metropolitan Justinian's decisions, to orphans, widows, invalids, school cafeterias, churches under construction, and to monasteries in order to feed the sick, and old or feeble monks.

Hundreds of thousands of pilgrims gather each year in Iași in the second weekend of October to commemorate Saint Parascheva, while the city itself established its Celebration Days at the same time.

[10] The bishop's work was inspired from the Greek vita of Saint Paraskeva of the Balkans, written by deacon Basilikos in 1150 on the request of the Patriarch of Constantinople, Nicholas IV Mouzelon.

[11] Some modern Romanian theologians published studies about Paraskeva: Gheorghe Păvăloiu (1935), Arhimandrite Varahil Jitaru (1942), D. Stănescu (1938), M. Țesan (1955), Scarlat Porcescu, and Mircea Păcurariu.

[citation needed] A church dedicated to her was built in Epivates (present-day Selimpaşa) on the spot where her house of birth once stood.

In August 1817 a great fire completely destroyed the church; it was rebuilt in 1820 with the financial support of the citizens of Constantinople and of the former Prince of Moldo-Wallahia, Alexander Kallimachi.