Königsfrieden
In 387 BC, an edict was promulgated by the Persian king, preserving the Greek cities of Asia Minor and Cyprus as well as the independence of the Greek Aegean cities, except for Lymnos, Imbros and Skyros, which were given over to Athens. It dissolved existing alliances and federations and forbade the formation of new ones. This is an ultimatum that benefited Athens only to the extent that Athens held onto three islands. While the "Great King," Artaxerxes, was the guarantor of the peace, Sparta was to act as Persia's agent in enforcing the Peace. To the Persians this document is known as the "King's Peace." To the Greeks, this document is known as the Peace of Antalcidas, after the Spartan diplomat Antalcidas who was sent to Persia as negotiator. Sparta had been worried about the developing closer ties between Athens and Persia. Accordingly, Antalcidas was directed to get whatever agreement he could from the "Great King". Accordingly, the "Peace of Antalcidas" is not a negotiated peace at all. Rather it is a surrender to the interests of Persia, drafted entirely for its benefit.