Wars, politics & history

Paris Peace Treaties

10 February 1947

The Paris Peace Treaties of 1947 were the settlements concluded between the Allied powers and five countries that had fought on the side of Germany in the Second World War: Italy, Romania, Hungary, Bulgaria and Finland. They fixed new borders, set reparations and limited the size of armed forces. Italy lost its colonies and gave up Istria and parts of the Julian March to Yugoslavia, while the Dodecanese Islands went to Greece and Trieste was made a free territory. Romania returned northern Transylvania from Hungary and ceded Bessarabia and northern Bukovina to the Soviet Union, and Finland paid reparations to the Soviets and ceded territory. The negotiations, which had started in 1946, showed the growing division between the Soviet Union and the Western Allies.

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