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Vassilopita (New Year’s Cake)


Vassilopita is a traditional Greek cake or bread with a coin inside, named after St. Basil, which is made for New Year’s Day.  Vassilopita can be made in two ways: one is a sweet kind of brioche bread called “tsoureki” and the other an orange flavoured  cake.

Icing sugar is usually dusted on top but this year’s cake was decorated by my daughter, who is 13 years old, who made the decoration with Royal Icing.

According to the tradition, whoever finds the coin is considered to be the lucky person in the family. 

Traditionally, the cake is cut by the head of the household and the first piece is allocated to the church (Holy Trinity and Virgin Mary), to the poor, to the seamen of the family and to family members who live abroad by degree of relatedness, then to the head of the household (male), his wife, their children (oldest to youngest), then to guests.

The coin or small medallion, called flouri, is a tradition symbolizing an extra measure of good fortune for whoever gets the piece where it has been hidden during or after baking.

In order to give more joy to the children some families also place a prize to the coin, so apart from a Christmas present the “lucky one” always gets an extra present as well during New Year.




Let’s see how this tradition started!

Two Saints for Christmas:  St. Nicholas or St. Basil?

Two saints are involved in giving presents to the children, two different persons, both of Greek origin and who were both bishops. One is St. Nicholas or Santa Claus for the West and the other is St. Basil, (in Greek Aghios Vassilios) or as he is also called Basil the Great, for the Orthodox.

Whoever Father Christmas you choose, St. Basil, from Caesarea or St. Nicholas, from Patara, they will live forever in our hearts to remind us of the great things they did.

St. Nicholas, was born at Patara, Lykia around 250AD, and became Archbishop in the city of Myra, in what is now Turkey, near Attalia, but which used to be part of Greece.

He loved the poor and helpless.  He helped the poor by building shelters, poor houses, hospitals as well as other philanthropic institutions in his parish. We celebrate St. Nicholas Day on the 6th of December, the day of his death, and  he is the patron of the children, the poor and of the seamen.See the whole story of St. Nicholas here.

The first Europeans who arrived in the New World brought St. Nicholas with them. They mixed various ancient myths and surrounded him by elves, fairies, a sleigh pulled by reindeers etc., and have set his home in the North Pole, a fascinating story which even the grown ups like.

His image as a fat man with white beard, round glasses and red clothes was created by a Coca Cola advertisement back in 1931.

Saint Basil
St. Basil, on the other hand (in Greek Aghios Vassilios) lived in Caesarea, the capital of Kappadokia, which again was part of Greece.  He came from a family who were also very religious.  His father, who was also named Vassilios, was a rhetor and a lawyer and his mother was a very wise woman.His grandfather was a martyr, his brothers Gregorios and Peter were Bishops of Nyssa and of Sevasteia, respectively, his sister were dedicated to God and his sister Makrina is also a saint and who is the one who convinced him to devote himself to the Christian faith.  One of his other brothers was a hermit in the dessert of Pontus.

St. Basil was born in 330 A.D. and studied philosophy in Athens, Greece.  During his short lifetime he gave away all his property to the poor and did not keep anything for himself. The greatest of the things he did was to organize charity in his district.  He would distribute clothes, food, money and any other help to those who needed it. He built close to Caesarea a city full of charitable institutions, hospitals, orphanages, hostels, homes for the elderly people etc., and he was named Vassilios the Great from the time he was alive. He died in December 378 (48 years old) and was buried on the 1stJanuary 379. It is said that people loved him so much that during his funeral apart from others fainting, some people died as well. The city he built was named after him, Vassiliada.

We commemorate his death on the 1st of January and we bake a cake which we call Vassilopita (the pie of Basil) in which a coin is placed inside.This tradition has to do with the following story:

During his lifetime, St. Basil was not afraid to confront even the emperor.  Although Ioulianos, the emperor of Byzantium studied philosophy together with Vassilios in Greece, he worshipped the ancient Gods and hated Christians and was always trying to find ways to humiliate Vassilios.  When the Byzantium declared war against the Persians he passed with his army from Caesarea.  He ordered his men to impose taxes on the people, which he would collect after returning from the war.  People were forced to give away money and jewellery.  Ioulianos, however, never returned because he was killed in the war so whatever coins and jewellery were gathered, Vassilios distributed the half to the poor, some were kept for the institutions at Vassiliada and the remaining he ordered to bake breads for all the citizens.  In each loaf he would place either a coin or a piece of jewellery inside the loaves of bread, for the people to find something in their bread and also to be fair with the distribution.  The bread was then distributed to everyone in the area and to remember this we place a coin in the Vassilopita.

It is a tradition on New Year’s Eve for the children to go from house to house and sing Greek New Year’s Carols, called “Kalanta”.

Collage Vassilopita

Vassilopita (New Year’s Cake)

Preparation time: 30 minutes

Baking time about 1 hour


  • ½ cup of almonds blanched, toasted and ground
  • 5 cups  self raising flour
  • 1 tsp orange zest
  • 2 cups sugar
  • 1 cup butter
  • 5 eggs, separated
  • 1 cup orange juice
  • 1 tsp baking soda
  • 1/3 cup  brandy
  •  Icing sugar for decoration or Royal icing (optional), see recipe here 


  1. Preheat oven and toast almonds for about 15 minutes.
  2. Grind the almonds with some of the flour.  Mix with remaining flour and orange zest.
  3. Beat egg whites into meringue.
  4. Beat butter with sugar until smooth.
  5. Add egg yolks, brandy and dissolve the baking soda in the orange juice.
  6. Add flour and mix. Stop whisking with mixer and gently fold in egg whites with a spatula.
  7. Grease or line a 28 – 30 cm spring form pan  with parchment paper and insert the batter.
  8. Wash a coin and fold into a small piece of aluminum foil.
  9. Place it in the batter.
  10. Bake in a preheated, oven to 180 degrees C, for about 1 hour or until a knife inserted into the centre comes out clean.
  11. Decorate with Royal Icing or just sprinkle icing sugar on top.


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Other related Recipes:

Almond Vassilopita

Vassilopita (Lemon or Orange Flavoured)

Vassilopita Tsoureki

Kopiaste and Kali Orexi,

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11 Responses

  1. Peter M

    Good to see you’re already preparing for New Year’s celebrations. I was hoping your Vassilopita would have a Gold Cypriot pound in there!

  2. Ivy

    Actually this one was baked early December for the post and was consumed in no time.
    As for the gold Cypriot pound, I won one back lot’s of years ago at our office party.

  3. 'Chef'

    What an interesting, informative post, Ivy! You have me thinking about making my own New Year’s cake now. I learned a lot from this!

  4. Ivy

    It’s a nice tradition and children love the part when they find the coin. The cake is very tasteful as well. Another friend of mine in the USA liked the story and said she would make it as well.

  5. eva

    Hi Ivy,
    i made this cake today…
    it raised very well…too well.:)
    i was not allowed to cut it yet but i managed to get a small crumb and it tasted divine..i can not wait for tomorrow to cut it…
    i wanted to ask u what do u mean by soda in your main list of ingredients? and later on in proces making u refer to soda and baking powder in two separate places…question is..do we need to put baking powder and soda bicarbonate too? just wonder….thanks

  6. Ivy

    Sorry about this mistake Eva. If you use self raising flour, baking powder is not absolutely necessary. This recipe I’ve had it for many years and it gave this explanation which I did not mention as I used self raising flour. But I forgot to correct it in the instructions. So I will correct it now. Thanks for spotting it out.

  7. Ivy

    Happy New Year to you and your family as well Eva. I do this cake over and over all year round and of course you can cut almonds or omit them, if you like.

  8. Eva

    Happy New Year to you Ivy!!!! many happy hours of baking and cooking:)

    the cake was delicious…i made it with orange juice and rind of orange..it was ever so nice….today is the second of january and i have only two portions left..it was very nice….i would make it again but i think with chopped rather then ground nuts…just for a change..:)

  9. Nickolas

    Thank you for keeping our traditions alive. I will surely make this.

  10. Jane

    Ill have to try this recipe soon, thanks for sharing.

  11. What a lovely and delicious recipe. Thank you for sharing it with us. I can’t wait to try it.