Treaty of Passarowitz

The Treaty of Passarowitz, signed in 1718, was a peace agreement ending the Ottoman Empire's wars with Austria and Venice. It resulted in Austria gaining control of parts of Serbia and Bosnia, and Venice securing territories in Greece and Montenegro. The treaty helped to stabilize the region temporarily by clearly defining territorial boundaries and reducing hostilities. It marked a significant shift in power, weakening the Ottomans and strengthening Austria and Venice. Overall, it was a diplomatic effort to establish peace and create a balance of power in Southeastern Europe after years of conflict.