Panettone is a type of sweet bread loaf which originated in Milan, Italy. It’s often found at Christmas, New Year and other celebrations in Southern Europe and Latin America.
It’s pictured on the left above, with stollen on the right.
Panettone takes a long time to make as the dough is cured, in a process similar to that for making sourdough bread. The proving takes several days. Traditionally, the cake contains contains candied citrus fruit such as oranges and lemons as well as dry (not soaked) raisins.
It’s typically served in wedges with a sweet hot drink or a sweet wine or liqueur, eg amaretto.