The treaty that ended World War I is known as the Treaty of Versailles. Signed on June 28, 1919, it officially concluded hostilities between Germany and the Allied powers. The treaty imposed severe reparations and territorial losses on Germany, significantly reshaping the political landscape of Europe. Its terms contributed to economic hardship and political instability in Germany, which later paved the way for World War II. The Treaty of Versailles is often criticized for its harshness and the unintended consequences it had for the global order in the interwar years.