Partition of Austria-Hungary mid WW1

What if Germany mid WW1 came to the concluison that Austria-Hungary was more of a liability than a benefit to their war effort?

In secret they propose a deal to the Italian and Hungarian governments in which Austria-Hungary would be partitioned. Germany would annex Austria proper and Bohemia, Italy would get Dalmatia, Istria and south Tyrol in return for a seperate peace, Hungary would recieve full independence. What would happen to Bosnia I'm unsure of, perhaps becoming a protectorate under Hungary with the intent of merging it with Serbia once conquered. Galicia-Volhynia might be split between Ukraine and Poland to motivate coorporation between them and Germany (if this is post Brest-Litovsk).

Would Italy and Hungary accept such a deal under any circumstance? Would the partition succeed or could AH fight back? How would the war and eventual peace be affected?
 
Mid WW1? What about the Russians? If AH is besieged like this then Russia will have time to recover and Germany will be in deep trouble next year.
 
Oh well, then it would require a white peace with the Entente, which is pretty much impossible once the US gets into the war. The Entente is never going to allow Germany to become stronger by annexing Austria and fulfilling Mittleeuropa. Plus Italy is already getting whatever it wants. For this to work you'd need a POD where AH is devastated by Russia but Italy remains neutral, plus the US never joining.
 
Top