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Oliebollen, small round Dutch doughnuts, are a traditional food to serve on New Year's Eve in Holland. The name of these tasty treats literally translates to "oil balls." Don't let this unappetizing name fool you, Oliebollen are delicious. The Dutch regularly stud their Oliebollen dough with raisins, currants or even finely diced apples. Why not use all three?