Volos is a coastal port city situated at the center of the Greek mainland, about 326 km north from Athens and 215 km south from Thessaloniki. It is the capital of the Magnesia prefecture. Built at the innermost point of the Pagasetic Gulf and at the foot of Mount Pilio or Pelion (the land of the Centaurs), Volos is the only outlet towards the sea from Thessaly, the country’s largest agricultural region. With a population of around 200,000, it is an important industrial centre, while its port provides a bridge between Europe, the Middle East and Asia. Volos is the third of Greece's major commercial ports, but also gains significant traffic because of its connection by ferry and hydrofoil with the nearby Sporades Islands, which include Skiathos, Skopelos and Alonissos. There are also connections to Limnos, Lesvos, Chios and Skyros. Volos is the newest of the Greek port cities, with a remarkably large proportion of modern buildings, erected in the wake of the catastrophic earthquakes of 1955, and including the municipalities of Volos, Nea Ionia and Iolkos, as well as smaller suburban communities. The economy of the city is based on manufacturing, trade, services and tourism, and with its improved infrastructure the city is increasingly dynamic. Home to the University of Thessaly, one of the most important in country, the city also offers a wide range of facilities for the organisation of conferences, exhibitions and major cultural and scientific events, together with international-standard sporting amenities. Volos participated in the Olympic Games, and as an Olympic City it helped to present a new face of contemporary Greece to a world audience. The city has also since played host to a succession of athletic events, such as the European Athletic Championships. It will host the 2013 Mediterranean Games. Modern Volos is built on the area of the ancient cities of Demetrias, Pagasae and Iolkos. Demetrias was established by Demetrius Poliorcetes, King of Macedonia. Iol...