Margarita Karapanou (Μαργαρίτα Καραπάνου) was a Greek novelist. She was born in Athens in 1946, the daughter of Greek novelist Margarita Liberaki. She was raised and educated in Greece and France.
Her novels have been translated into several European languages. Her 1976 novel Η Κασσάνδρα και ο Λύκος (Cassandra and the Wolf) was awarded in the year 1988 in France as the best translated work of fiction.