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Events on Saturday 8 June 1867 2
1867Austro-Hungarian CompromiseThe AusgleichThe agreement that re-established the sovereignty of the Kingdom of Hungary, creating the Dual Monarchy.
1867Austro-Hungarian Compromise creates dual monarchyAustria and Hungary unite under Franz JosephThe Ausgleich transformed the Austrian Empire into the dual monarchy of Austria-Hungary, granting Hungary its own parliament and administration while sharing a monarch, foreign policy, and military with Austria. Franz Joseph I was crowned King of Hungary in Budapest on June 8. The arrangement lasted until the empire's collapse in 1918.