The traditional Greek New Year’s cake containing a hidden coin is called vasilopita.
Vasilopita is served on New Year’s Day in Greece and in Greek communities around the world. A coin, known as the 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.
The cake is named for Saint Basil, or Agios Vasileios, whose feast day is celebrated on January 1 in the Greek Orthodox tradition. Families often make a ceremonial first slice for Christ, Saint Basil, or the household before distributing slices to individuals. Recipes vary: some versions resemble a sweet bread, while others are closer to a citrus-flavored cake. The hidden coin makes vasilopita distinct from baklava and other Greek festive desserts.