The Panathenaic Stadium (Greek: Παναθηναϊκό στάδιο), also known as the Kallimármaro (Καλλιμάρμαρο, meaning the "beautifully marbled"), is a multi-purpose stadium used for several events and athletics in Athens. The Stadium hosted the first modern Olympic Games in 1896. Reconstructed from the remains of an ancient Greek stadium, the Panathenaic is the only stadium in the world built entirely by marble (from Mount Penteli) and is one of the oldest in the world.
The stadium is located in the central Athens district of Pangrati, to the east of the National Gardens and the Zappeion Exhibition Hall, to the west of the Pangrati residential district and between the twin pine-covered hills of Ardettos and Agra. Up to the 1950s, the Ilissos River (now covered by, and flowing underneath, Vasileos Konstantinou Avenue) ran in front of the stadium's entrance, and the spring of Kallirrhoe, the sanctuary of Pankrates (a local hero) and the Cynosarges public gymnasium were nearby.
The Fokianos sports facility lies across Vasileos Konstantinou Avenue, and adjacent to it are located the Athens tennis club, the Ethnikos athletics track, the Federation swimming pool, the remnants of the Temple of Olympian Zeus, and Hadrian's Gate. Until the late 19th century and the containment of the Ilissos riverbed, the area was reedy and often flooded, and was called the "Vatrahonisi" (Frog Island).
In more recent years, the stadium has been often used to honour the homecoming of victorious Greek athletes, most notably the Greek national football team after its victory at the 2004 European Football Championship as well as winners and medallists in the recent Olympic Games.
The stadium also hosted the opening ceremony of the World Athletics Championships in 1997 on a concept by composer Vangelis Papathanasiou and along with the performance of soprano Montserrat Caballé. The Panathenaic Stadium is the venue where the Olympic flame handover ceremony takes place before every Olympic Games.
On rare occasions, the stadium has also been used as a venue for selected musical and dance performances. Among those include Plácido Domingo, Joaquín Cortés, Depeche Mode, The Cure, The Stranglers, Run–D.M.C., Culture Club, Bonnie Tyler, Joan Jett and Sakis Rouvas.
On September 2008, the stadium hosted the MTV Greece launch party, with guests R.E.M., Kaiser Chiefs, C：Real and Gabriella Cilmi.
On July 1, 2009, recording artist Sakis Rouvas made history, with a sold-out benefit concert, for the environment (coinciding with the first day of the Greek public ban on smoking), with an audience of 50,000–the largest audience ever at the stadium, for a musical event and among the largest concerts of all time, by a Greek artist.