A peace settlement is reached in 1763…
1763 CE
This ends the war in central Europe.
The Treaty of Hubertusburg, though it restores the prewar status quo, marks the ascendancy of Prussia as a leading European power.
Through the Treaty of Paris, Great Britain emerges as the world’s chief colonial empire, which is its primary goal in the war, and France loses most of its overseas possessions.
The phrase "Hubertsburg Peace" is sometimes used as a description for any Treaty that restores the situation existing before conflict broke out.