Activate the Yeast: Mix warm milk, yeast, and a teaspoon of sugar in a bowl. Let it stand for 5–10 minutes until foamy.
Prepare the Dough: Add flour, sugar, eggs, and softened butter. Mix thoroughly to form a soft dough.
Knead: Knead the dough for 10–15 minutes until smooth and elastic.
Add Fruits: Fold in raisins and candied orange peel until evenly distributed.
First Rise: Cover the dough and leave it in a warm place for 2–3 hours, or until doubled in size.
Shape: Form the dough into a ball and place it in a Panettone mold or a deep, round baking tin.
Second Rise: Allow the dough to rise for 1–2 hours, until it approaches the top of the mold.
Bake: Preheat the oven to 180°C (350°F). Bake for 35–45 minutes until golden brown and cooked through.
Cool and Serve: Cool completely before slicing. Enjoy with coffee, tea, or hot chocolate.