So Serbia and the Balkans is out...
Austria-Hungary will do better (one less theater)
Though I think the War against Italy and Russia will be "roughly" the same.
Spain - don't know much about their capabilities during this period, but I would think they would NOT be able to provide more than Britain.
Britain outr is the most important fact I think...
No Blockade of Germany will do much good for the CPs as Germany can import much more than OTL (still there will be a lot of commerce raiding on both side, but NO unrestricted sub warfare.
I also noticed Japan is not mentioned being against the Cps - so the German colonies in the pacific are secure (as is Deutsch Südwest and Deutsch Ostafrika). You can bet Scharnhorst and Gneisenau will do a bit of raiding French Indochina ...
Togo might fall early, but Kamerun is probably holding out - Germany might be able to ship goodies and troops there.
Even if we assume Spain compensates for the lack of Commonwealth troops initially (spain has not the broad industrial capacity of Britain) the supply advantage will go to Germany this time...
So even if you assume the Eastern front goes EXACTLY as OTL by 1917/1918 Germany will have the numerical superiority on the Westen front
(after Russia collapsed they even had this IOTL until the Yanks came in force).
So in 1918 we will see an CP victory.
Would Germany impose a Versailles style treaty - or would it restrain itself (IIRC the Germans did not hate the French as much as the French did the Germans).
For Germany I think:
Reparations from France (mainly)
Expand Kamerun with French Central and Spanish Territory
Maybe Spanish Sahara/morocco to Germany (UK might have to say a word about Morocco)
Finland and Batics independent but in Germanys Sphere of influence
A Free Polish state...
(might Germany be bold enough to take Libya - maybe connecting it through Chad with Kamerun?)
Austria-Hungary - can't imagine that it actually "Expands" but It might force restrictions on Italy (especially the Fleet)
but It gets reparations from Italy
Overall the breakup will be delayed (if not prevented - but I will NOT insist on this) but for a time the Balkans will become Austrias backyard - with russia out of the game.
(I interpreted around 1910 as 1914

- but it will not change much if you push the dates to 1909... Though Austria might be even better off comparably

)