In a small bowl, combine warm water and sugar. Sprinkle the yeast over the water and let it sit for 5-10 minutes until foamy.
In a large mixing bowl, combine flour and salt. Add the yeast mixture and 2 tablespoons olive oil. Stir until a dough forms.
Turn the dough onto a floured surface and knead for about 8-10 minutes until smooth and elastic.
Place the dough in a lightly oiled bowl, cover with a clean kitchen towel, and let it rise in a warm place for about 1 hour or until doubled in size.
Preheat the oven to 375°F (190°C). Lightly grease a baking sheet or line it with parchment paper.
In a small bowl, mix softened butter, minced garlic, chopped parsley, salt, and black pepper until well combined.
Punch down the risen dough and roll it out into a 12-inch circle on a floured surface.
Spread the garlic butter mixture evenly over the dough circle.
Cut the dough into 16 equal strips by making cuts from the center to the edge, like slicing a pizza, but do not cut all the way through the center.
Carefully twist each strip twice and then pinch the ends together to form a ring shape, creating a wreath.
Place the wreath on the prepared baking sheet and bake for 20-25 minutes or until golden brown.
Remove from the oven and let cool for 5 minutes before serving.