1. Preheat the oven to 350 degrees F. and prepare round cake pan with oil.
2. In a large bowl, beat the eggs with sugar at high speeds.
3. Pour olive oil into the mixture at low speed, then add milk, then extracts.
4. In a separate bowl, combine flour, salt and baking powder and sift into a bowl with batter. Mix by periodically cleaning the walls of the bowl from the dough.
5. Pour the dough into a cake pan and bake for 30-40 minutes. Check the readiness of the cake with a bamboo skewer.
6. Cool the cake, remove from the cake pan, grease with oil, put on a dish and serve.