VEN5027221: Declin (crisis) of the Ottoman Empire and the Peace of Carlowitz: Austria, Russia and Poland coaliate and, joined by the Papaute and the Venitians, attack the Balkans. The Turkish debacle was sealed in 1699 by the Carlowitz Treaty, where the empire bought peace by ceding to Austria the beautiful province of Hungary. Oil on anonymous canvas. Palazzo Poggi, Bologna. / Bridgeman Images