1.
In a Dutch oven, heat olive oil and butter.
2.
Add coarsely chopped onion and crushed garlic and saute on medium heat for about 5 minutes until turning golden brown.
3.
Add stew meat and continue cooking for 10 minutes or so until evenly colored and partially cooked.
4.
Add wine, water, tomato paste, oregano, basil, cloves, salt and pepper.
5.
Bring to a boil, reduce heat to low and simmer, covered, for 30 minutes, stirring occasionally.
6.
Add carrots, cut into large pieces and continue cooking for another 20 minutes.
7.
Finally, add the potatoes, cut into large bite sized pieces, and continue to cook, stirring occasionally, for another 30 minutes or so.
8.
When done, the potatoes should be soft enough to thicken the stock somewhat but not yet mushy.
9.
Remove the cloves before serving.