In Greece, the traditional New Year’s cake containing a hidden coin is called vasilopita.
Vasilopita is served around New Year’s Day in Greek households and communities. A coin, known as a flouri, is baked into the cake before it is served. The person who receives the slice containing the coin is traditionally considered lucky for the coming year. Families often cut symbolic slices first for religious figures, the household or the business before serving individuals.
The name means “Saint Basil’s pie,” linking the custom with Saint Basil’s feast day on January 1 in the Greek tradition. Recipes vary by region and may resemble a sweet bread, cake or citrus-flavored loaf. The coin is hidden carefully, so diners are warned to eat with attention.