Boeuf Bourguignon

Name: Boeuf Bourguignon
Ingredients: 2 lbs beef, cut into chunks (can use stew meat, chuck or top sirloin); 1 (750 ml) bottle red wine (use a reasonable quality full-bodied wine); 1 onion, chopped finely; 5 garlic cloves, chopped; 3 bay leaves; 10 green peppercorns (if you don't have fresh green peppercorns, ground black pepper can be used instead); 3 tablespoons olive oil; 8 ounces bacon, in strips; 20 white pearl onions; 5 medium carrots, peeled and cubed; 1⁄4 cup all-purpose flour; 1 tablespoon tomato paste; 1 1⁄2 cups beef broth (or stock)