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The German army gets rid of Hitler and the Nazis (at least the most extreme supporters of Hitler) and his racist policies. The invasion of Poland never happens so World War 2 never happens instead Germany intervenes in the Baltic states and Finland “saving” then from the Soviet Union.
The Soviet Union on the other hand gets cheeked in Finland and the Baltic so never gets Moldavia and Besarabia at all.
Hungary and Rumania go to war over their border disputes in Transylvania. Germany stays neutral and so does Italy. Rumania gets most of the support from Yugoslavia and France. The border remains the same (same small changes).
Italy invades Albania and then Greece. Albania capitulates easily but Greece is able to resist to a certain point, Germany helps Italy with 1 division of mountain troops and the German Air force gives air support. Italy gets northern Greece and attaches it to the Albanian Kingdom who is an Italian protectorate. France and Great Brittan support Greece but short of sending troops. A referendum organized by the Italians and observed by France, Great Britain and Germany shows that a majority of the population in northern Greece supports “unification” with Albania (there was a substantial Albania minority in northern Greece at this time). Italy guarantees Greece that there will be no more territorial demand on Greece and the Albanian problem have been resolved.
Now Italy turns it eye on Yugoslavia and together with Hungary, Bulgaria, and Germany to a small extent and of course the Kingdom of Albania ( which is an Italian protectorate) dismembers Yugoslavia.
Again a referendum is held and the territories of Kosovo, northern and southern Macedonia, and Montenegro decide to unite with the Kingdom of Albania.
The eastern part of Macedonia and Serbia go to Bulgaria. Vojvodina goes to Hungary. Dalmatia becomes an Italian province and Germany gets most of Slovenia, the rest of the country is divided between Croatia and Serbia (2 puppet states under the influence of both Rome and Berlin).
All this is archived through small wars and diplomacy, France and Great Brittan never go to war against Germany and Italy because they see the Soviet Union of the biggest threat to their security. Also the Italian propaganda machine uses the fact that both Greece and Yugoslavia have Albania minorities in abundance to keep the international public opinion who is “outraged by the Greek and Serb atrocities towards the Albanians” (some of which in reality really happened) neutral and in some cases even sympathetic to the case of small nations “the Kingdom of Albania”.
The Italians and the Germans came out of this small wars and intervention stronger and as the defender of freedom. With their appetite for conquest and wars satisfied Germany and Italy feel that the wrong done by the Versailles Treaty has been reversed and now they are ready to join the rest of the great powers as equals.
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