Austro-Italian ironclad arms race
Austria's defeat in the Seven Weeks War forced Austria to determine a new set of foreign and domestic policies for the future, as Austria's interests since the days of the Holy Roman Empire had primarily been found in Italy and Germany. The Empire thus reformed itself into the Austria-Hungarian Empire following the adoption of the Austro-Hungarian Compromise of 1867 (German: "Ausgleich"), which re-established the sovereignty of the Kingdom of Hungary and placed Hungarians within the Empire on an equal footing with Austrians. Under the "Ausgleich", Emperor Franz Joseph I would be crowned as King of Hungary, while a separate parliament at Pest with powers to enact laws for the lands of the Holy Crown of Hungary would be established.
Henry (VII) of Germany
Henry (VII) (1211 – 12 February ? 1242), a member of the Hohenstaufen dynasty, was King of Sicily from 1212 until 1217 and King of Germany (formally "Rex Romanorum") from 1220 until 1235, as son and co-ruler of Emperor Frederick II. He was the seventh Henry to rule Germany, but in order to avoid confusion with the Luxembourg emperor Henry VII, he is usually numbered Henry (VII).