Treaty of Hubertusburg where the war had never been popular. After protracted negotiations between the war-weary powers, peace was made among Prussia, Austria, and Saxony at Hubertusburg, and among Great Britain, France, and Spain at Paris. The Treaty of Hubertusburg, though it restored the prewar status quo, marked the ascendancy of Prussia as a leading European power. Through the Treaty of Paris, Great Britain emerged as the world's chief colonial empire, which was its primary goal in the war, and France lost most of its overseas possessions. The phrase "Hubertsburg Peace" is sometimes used as a description for any Treaty which restores the
Budgetary treaties of the European Communities Budgetary treaties of the European Communities The Budgetary treaties of the European Communities were two treaties in the 1970s amending the Treaty of Rome in respects to powers over the Community budget. The first treaty, signed in 1970, gave the European Parliament the last word on what is known as "non-compulsory expenditure" (compulsory spending is that resulting from EC treaties (including agriculture) and international agreements; the rest is non-compulsory). The second treaty, signed in 1975, gave Parliament the power to reject the budget as a whole and created the European Court of Auditors. However, the Council still has the last