effects of the seven years war on france
France in the Seven Years' War While the first few years of war proved successful for the French, in 1759 the situation reversed and they suffered defeats on several continents. In an effort to reverse their losses, France concluded an alliance with their neighbor, Spain, in 1761. In spite of this the French continued to suffer defeats throughout 1762 eventually forcing them to sue for peace. The 1763 Treaty of Paris confirmed the loss of French possessions in North America and Asia to the British. France also finished the war with very heavy debts, which they struggled to repay for the remainder of the 18th century.