Greece’s traditional New Year cake containing a hidden coin is called vasilopita.
Vasilopita is served around New Year’s Day in Greek homes, workplaces, clubs, and community groups. A coin, known as the flouri, is baked into the cake, and the person who receives the slice containing it is traditionally believed to have good luck for the coming year.
The custom is associated with Saint Basil the Great, whose feast day is celebrated on January 1 in Greek tradition. Some versions are sweet cakes, while others resemble enriched breads or regional pastries.
The cake is often cut ceremonially, with slices assigned to religious figures, the household, family members, or an organization before individual portions are distributed. Because the coin is hidden, celebrants should cut and eat it carefully.