Peace of Knäred

…conflict that ended with the Peace of Knäred in 1613. By the terms of the peace, Sweden had to renounce its claim on the territories in the far north of Scandinavia and pay a new large ransom for the fortress of Älvsborg, taken by the Danes during the war. Charles…

By the Peace of Knäred (1613) Sweden was forced to leave its only North Sea port, Älvsborg, in Danish hands as security for the payment of an enormous war indemnity. That indemnity entailed crushing taxation and, even with the aid of last-minute loans by the Dutch, was…

…with the signing of the Peace of Knäred in January 1613. By this treaty, Danish-Norwegian sovereignty over Finnmark was recognized, and Älvsborg was to be held by the Danes pending payment of a Swedish tribute, which was paid four years later.