What is "panarea"

Panarea (Euonymos in Greek) is the second smallest (after Basiluzzo) of the eight Aeolian Islands, a volcanic island chain north of Sicily, southern Italy. It is a frazione of the comune of Lipari. There are currently about 280 residents living on the island year-round; however the population increases dramatically in summer with the influx of tourists. In recent years, the island has become known internationally for its celebrity visitors.