terms of 1940 peace treaty

Say the UK makes peace after Dunkirk

What would be the peace terms

How much of Western Europe would Germany annex

Would Germany annex any colonies

What would be Italy's gains
 

FBKampfer

Banned
Germany gets Alsace and Lorain as well as more of Northern France, Poland, no more naval limitations or at the very least a renegotiated AGN. Probably takes chucks of everything else as well.
 
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