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Yes, the Roman Catholic Church does recognize the Eastern Orthodox Churches as having valid Sacraments (see the document "Dominus Iesus" (link below), approved by Popes John Paul II and Benedict XVI).
The Orthodox (Eastern) Church and the Roman (Western) Church split in 1054 AD over various disputes of doctrine and authority between the Patriarch of Constantinople and the Pope of Rome.
The Orthodox view of the Blessed Virgin Mary is much the same as that of the Roman Church. In the Eastern Rites, she is called the THEOTOKOS ("God-bearer").
Orthodox Priests are allowed to marry, but bishops are always chosen from among the celeb ate clergy (monks).
Religious orders are not formalized as they are among Roman Catholics, but there are various monasteries with variations of Rule, etc.
Father Daniel
St. Andrew the First-Called Orthodox Church of Baltimore, MD
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