European leaders make a toast during a conference, 1908. (litho).

The Bosnian crisis of 1908–09, also known as the Annexation crisis or the First Balkan Crisis, erupted when on 8 October 1908, Austria-Hungary announced the annexation of Bosnia and Herzegovina, territories formerly within the sovereignty of the Ottoman Empire. This unilateral action—timed to coincide with Bulgaria's declaration of independence (5 October) from the Ottoman Empire—sparked protestations from all the Great Powers and Austria-Hungary's Balkan neighbours, Serbia and Montenegro. In April 1909 the Treaty of Berlin was amended to reflect the fait accompli and bring the crisis to an end. The crisis permanently damaged relations between Austria-Hungary on one hand and Serbia, Italy and the Russian Empire on the other. Although the crisis ended with what appeared to be a total Austro-Hungarian diplomatic victory, Russia became determined not to back down again and hastened its military build-up. Austrian–Serbian relations became permanently stressed; Published in L'Assiette au Beurre - No. 395 Oct 1908;