Crumble the yeast into the lukewarm milk, add a little sugar and a tablespoon of flour. Stir and let it rest in a warm place for about 10 minutes, until foamy. TIP: The milk should not be warmer than 99°F (37 °C), otherwise the yeast may die.
In a large bowl, mix together the flour, remaining sugar, salt, and vanilla sugar. This forms the dry base of the dough.
Add the yeast mixture, egg, and melted butter. Knead into a smooth, medium-soft dough. TIP: If it's too sticky, don't add flour right away; instead, wait 2-3 minutes while kneading – often it will become manageable then.
Cover the dough and let it rise in a warm place for 45-60 minutes, or until doubled in size. Meanwhile, prepare the filling.
Coarsely chop the smoked almonds and shape the marzipan paste into a log. TIP: Smoked almonds add an intense flavor – it's worth not chopping them too finely so they remain crunchy.
Roll out the risen dough into a rectangle. Sprinkle with the almonds, then place the marzipan log in the center.
Fold the dough lengthwise in half, so that one side slightly covers the other. This gives it the characteristic stollen shape.
Place the stollen on a baking sheet lined with parchment paper, cover, and let it rest for another 15 minutes. Meanwhile, preheat the oven to 350°F (180°C).
Bake for 35-40 minutes, until golden brown. If the top browns too quickly, cover it with parchment paper.
Let it cool slightly, then sift powdered sugar over it. TIP: If you brush it with melted butter beforehand, the powdered sugar will adhere better.
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