The Corfiots attributed the Ottoman withdrawal to the intervention of their patron saint, Saint Spyridon, and the "miraculous" storm, while Venice celebrated the last major battlefield success in its history, heaping honours on Schulenburg similar to those enjoyed by Francesco Morosini after his conquest of the Morea a generation earlier.
He received a lifelong stipend of 5,000 ducats and a sword of honour, as well as a monument erected in his honour in front of the gateway to the Old Fortress in Corfu.
The defence of Corfu was also commemorated in Venice with the erection of a fourth stone lion at the entrance of the Venetian Arsenal, with the inscription "anno Corcyrae liberatae".

As the Ottoman troops withdrew into the Balkan hinterland, Schulenburg and Loredan led 2,000 men to the mainland coast, and on 2 September recaptured the town of Butrint, one of the mainland exclaves of the Ionian Islands.
Two months later, the Venetian fleet recaptured Lefkada.
The arrival of naval reinforcements allowed the Venetian navy to engage the Ottoman fleet with more confidence.
Christian victories in the Battle of Imbros (16 June 1717) and the Battle of Matapan (19 July 1717) removed the danger of a new Ottoman expedition in the Ionian Sea, and allowed the recovery of the two last mainland exclaves, Preveza and Vonitsa, on 19 October 1717 and 4 November 1717 respectively.

Despite the successes, Venice was exhausted.
The Austrians, buoyed by their victories, were unwilling to discuss terms, until the Spanish launched an attack on the Habsburg possessions in Italy by sending the very fleet ostensibly being prepared to aid Venice to capture Sardinia in July 1717, and another to invade Sicily a year later.
Faced with this stab in the back, the Austrians agreed to negotiations with the Ottomans, leading to the Treaty of Passarowitz (21 July 1718), in which Austria made considerable gains.
Venice had to acknowledge the loss of the Morea, Tinos, and Aigina, but managed to retain the Ionian Islands and their mainland exclaves.
The Corfiots attributed the Ottoman withdrawal to the intervention of their patron saint, Saint Spyridon, and the "miraculous" storm, while Venice celebrated the last major battlefield success in its history, heaping honours on Schulenburg similar to those enjoyed by Francesco Morosini after his conquest of the Morea a generation earlier. He received a lifelong stipend of 5,000 ducats and a sword of honour, as well as a monument erected in his honour in front of the gateway to the Old Fortress in Corfu. The defence of Corfu was also commemorated in Venice with the erection of a fourth stone lion at the entrance of the Venetian Arsenal, with the inscription "anno Corcyrae liberatae".
As the Ottoman troops withdrew into the Balkan hinterland, Schulenburg and Loredan led 2,000 men to the mainland coast, and on 2 September recaptured the town of Butrint, one of the mainland exclaves of the Ionian Islands. Two months later, the Venetian fleet recaptured Lefkada. The arrival of naval reinforcements allowed the Venetian navy to engage the Ottoman fleet with more confidence. Christian victories in the Battle of Imbros (16 June 1717) and the Battle of Matapan (19 July 1717) removed the danger of a new Ottoman expedition in the Ionian Sea, and allowed the recovery of the two last mainland exclaves, Preveza and Vonitsa, on 19 October 1717 and 4 November 1717 respectively.
Despite the successes, Venice was exhausted. The Austrians, buoyed by their victories, were unwilling to discuss terms, until the Spanish launched an attack on the Habsburg possessions in Italy by sending the very fleet ostensibly being prepared to aid Venice to capture Sardinia in July 1717, and another to invade Sicily a year later. Faced with this stab in the back, the Austrians agreed to negotiations with the Ottomans, leading to the Treaty of Passarowitz (21 July 1718), in which Austria made considerable gains. Venice had to acknowledge the loss of the Morea, Tinos, and Aigina, but managed to retain the Ionian Islands and their mainland exclaves.
Siege of Corfu (1716)