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In a large mixing bowl, combine water and yeast.
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Add 1 cup of flour and salt; stir with a wooden spoon until combined.
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Stir in olives, herbs, garlic and garlic powder.
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Add remaining flour, one cup at a time, stirring until thoroughly combined.
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Cover with plastic wrap and set in a warm spot to rise for 1 hour.
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Add a tablespoon of olive oil in an 8-inch cast iron skillet; using a napkin or your fingers, coat bottom and sides of skillet with the olive oil.
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Flour your hands; remove plastic wrap and using your hands, transfer dough to prepared skillet and shape into a disk.**
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Cover with a kitchen towel and let stand for 30 minutes.
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Preheat oven to 400 Fahrenheit.
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Drizzle remaining olive oil over the top and sprinkle with salt and parsley.
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Score the top of the loaf with a knife.
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Bake for 30 to 35 minutes, or until top is nicely browned.
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Remove from oven and turn the bread out onto a wire cooling rack.***
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Leave to cool.