Cut the beef shank into medium-sized cubes. Finely chop the onions and garlic.
Heat the lard in a large pot or Dutch oven over medium heat. Sauté the onions until translucent. Add the garlic and cook, stirring constantly, until fragrant.
Remove the pot from the heat. Sprinkle in the Hungarian sweet paprika and stir well to prevent it from burning.
Add the cubed beef, salt, black pepper, caraway seeds, and bay leaves.
Add the diced tomatoes and bell pepper. Pour in the red wine and enough water to cover the meat.
Bring to a simmer, then reduce the heat to low, cover, and cook for 2-2.5 hours, stirring occasionally, until the beef is very tender and the sauce has thickened.
Before serving, remove the bay leaves. Adjust the seasoning with salt and pepper to taste if needed.
Serve hot with fresh bread, dumplings (nokedli), or boiled potatoes.
To provide the best experiences, we and our partners use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us and our partners to process personal data such as browsing behavior or unique IDs on this site and show (non-) personalized ads. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Click below to consent to the above or make granular choices. Your choices will be applied to this site only. You can change your settings at any time, including withdrawing your consent, by using the toggles on the Cookie Policy, or by clicking on the manage consent button at the bottom of the screen.