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Combine ground veal, Italian sausage,parsley, allspice, nutmeg, onion, garlic powder, onion powder, white pepper, salt and beaten egg in a large bowl and mix well.
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Place the panko in a large bowl and pour the milk over the breadcrumbs and stir to make a thick paste.
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Add the meat mixture to the panko mixture and mix well.
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Prepare meatballs by rolling them into 24 medium sized meatballs.
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Heat canola oil and 1 tablespoon butter in a large skillet and add the meatballs turning them on each size until brown and cooked throughout. Transfer to a plate, cover and set aside.
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Add 4 tablespoons butter and flour to skillet and whisk until it turns brown. Slowly stir in beef broth and heavy cream. Add worchestershire sauce and dijon mustard and bring to a simmer until sauce begins to thicken. Salt and pepper to taste.
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Add the meatballs back to the skillet and simmer for another 2-3 minutes.
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Serve over mashed potatoes, egg noodles, rice or tagliatelle pasta garnish with parsley and serve with lingonberry jam, if desired.