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Northwest of the village of Gerakini on two hills is the ancient site of Olynthus that dates to the 7th century BC. According to mythology Olynthus was the son of the king Strymonas of Thrace, and he was killed during a lion hunt.
Olynthos would then be built in his honor by his brother Vraggas. Another myth is that Olynthos was the son of Hercules.
Whatever may be true of these stories, the city of Olynthos was originally founded by people who were expelled from Macedonia and settled in Halkidiki. Little is known about Olynthos in the period before the Persian wars. In 480 BC the city supplied troops and ships to the Persian king Xerxes, but when the Persian army withdrew in 479 BC, the Persian army commander suspected treason, besieged and conquered the city, and had the inhabitants slaughtered. Olynthos was then given to the city of Torone.
In 432 BC in view of the aggression from Athens King Perdiccas II of Macedon commanded to merge a number of cities in Halkidiki and make Olynthos into one large, better defensible capital of Halkidiki. Thus Olynthos became one of the major military powers in Greece. Over the years the town became increasingly powerful and constantly appropriated more acreage. This resulted in 382 BC in a war with Sparta which lasted three years.
In 357 BC, when many Greek states were at war with Athens, Olynthos sided with King Phillip II of Macedonia (the father of Alexander the Great). Phillip II conquered all the towns in the area and Olythos became increasingly fearful for the growth of his power. They asked Athens for help, after which Phillip II in 348 BC besieged the city. He killed his two half-brothers (and also pretenders to the throne) Arrhidaeus and Menelaus who lived in Olynthos and destroyed the city completely. Olynthos never recovered anymore and was more or less forgotten.
However the sudden destruction of the city has ensured that many objects from that period have been preserved on the site. These are now exhibited in the Archaeological Museum of Olynthos. The site itself is located just northeast of the present village Olynthos and can only be reached with own transport, because there are no buses go to it.
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