%DLNXODU²:HOWGHV7HUURV
M
(LQ)DOOIUGLHNRVPLVFKH%HGUlQJWHQKLOIH² HLQ3ODQHWZLUGYRQ7HUURULVWHQEHGURKW 1...
18 downloads
737 Views
252KB Size
Report
This content was uploaded by our users and we assume good faith they have the permission to share this book. If you own the copyright to this book and it is wrongfully on our website, we offer a simple DMCA procedure to remove your content from our site. Start by pressing the button below!
Report copyright / DMCA form
%DLNXODU²:HOWGHV7HUURV
M
(LQ)DOOIUGLHNRVPLVFKH%HGUlQJWHQKLOIH² HLQ3ODQHWZLUGYRQ7HUURULVWHQEHGURKW 1U %DLNXODU²:HOWGHV7HUURUV YRQ(UQVW9OFHN
$WODQ
$XI 7HUUD GHQ :HOWHQ GHV 6RODUHQ ,PSHULXPV XQG GHQ 6WW]SXQNWHQ GHU 862 VFKUHLEWPDQ$QIDQJ1RYHPEHUGHV-DKUHV6WDQGDUG]HLW6RPLWVLQGVHLWGHQLP YRUDQJHJDQJHQHQ %DQG JHVFKLOGHUWHQ (UHLJQLVVHQ IDVW DXI GHQ 7DJ JHQDX -DKUH YHUJDQJHQ 5RQDOG 7HNHQHU MHW]W 2EHUVW XQG 6LQFODLU 0 .HQQRQ MHW]W LP 5DQJH HLQHV 2EHUVWOHXWQDQWVGLHEHLGHQ$VVHGHU862VLQGQRFKLPPHUDP/HEHQ²XQGQHKPHQ QDFKZLHYRUDQJHIlKUOLFKHQ(LQVlW]HQWHLO 7HNHQHUGHUVLFKHLQHQOHEHQVHUKDOWHQGHQ=HOODNWLYDWRUDQHLJQHWHXQG.HQQRQ GHVVHQ RUJDQLVFKHV *HKLUQ DXIJUXQG GHU ZHLW IRUWJHVFKULWWHQHQ %LRFKHPLH HLQH /HEHQVHUZDUWXQJ YRQ YLHOHQ -DKUKXQGHUWHQ EHVLW]W RSHULHUHQ MHW]W XQWHU HLQHU QHXHQ 7DUQXQJRGHU'HFNDGUHVVH 6HLW -DKUHQ EHVLW]HQ VLH HLQ DXWRQRPHV 3ODQHWRLGHQV\VWHP DXI GHVVHQ JU|WHP +LPPHOVN|USHU VLH GLH =HQWUDOH GHU ³8QDEKlQJLJHQ +LOIVLQVWLWXWLRQ IU %HGUlQJWH´HWDEOLHUWKDEHQ 7HNHQHU XQG .HQQRQ VLQG &KHIV GHU 8+% XQG VLH JUHLIHQ²VHOEVWYHUVWlQGOLFK JHJHQDQJHPHVVHQHV+RQRUDU²EHUDOOGRUWLQGHU*DOD[LVHLQZRGDV(LQJUHLIHQYRQ *URPlFKWHQDXVSROLWLVFKHQ*UQGHQQLFKWP|JOLFKRGHURSSRUWXQLVW (LQW\SLVFKHU)DOOIUGLH8+%LVW%$,.8/$5²:(/7'(67(55256 'LH+DXSWSHUVRQHQGHV5RPDQV 5RQDOG 7HNHQHU XQG 6LQFODLU 0 .HQQRQ²/HLWHU GHU ³8QDEKlQJLJHQ +LOIVLQVWLWXWLRQIU%HGUlQJWH´ 2WWDFGHU&DOXULHU²(LQJDODNWLVFKHU7UDPS /DG\&KDPlO\²(LQH5LHVHQVLJDQHVLQ 5RJHU&KDSPDQ²(LQ(V]LDOLVWGHUDXVGHP7LHIVFKODIJHZHFNWZLUG .KDQ(ONR1KRU²&KHIGHV$EZHKUGLHQVWHVYRQ%DLNXODU (VZDUEHVFKORVVHQ6DPRV5LGJRODUVROOWHHLQHQ0RUGEHJHKHQ (U ]HLJWH NHLQH 1HUYRVLWlW (U ZDU EDU MHJOLFKHU (PRWLRQHQ 'HU JHSODQWH 0RUG OLHLKQY|OOLJNDOW 9RQ HLQHP )HQVWHU GHU WHUUDQLVFKHQ $GPLQLVWUDWLRQ DXV EHREDFKWHWH HU GHQ 3UDFKWJDUWHQ (U EUDXFKWH QLFKW ODQJH DXI GDV (LQWUHIIHQ GHU YLHU .RQIHUHQ]WHLOQHKPHU ]XZDUWHQ =XHUVW ODQGHWH *XDODSD 5XQGD LQ VHLQHP /X[XVVFKZHEHU =ZHL DOV 'LHQHU YHUNOHLGHWH /HLEZlFKWHU YHUOLHHQ PLW LKP GHQ 6FKZHEHU XQG EHJOHLWHWHQ LKQ ELV ]XP (LQJDQJ GHV *HElXGHV 2EZRKO *XDODSD 5XQGD DOV GHU JU|WH 5HHGHU XQG
%DLNXODU²:HOWGHV7HUURV
M
$WODQ
5DXPVFKLIIEDXHUYRQ%DLNXODUMHGHP(LQKHLPLVFKHQHLQ%HJULIIZDUPXWHHUVLFKEHL GHQ 7RUSRVWHQ DXVZHLVHQ 'DQQ HUVW GXUIWH HU GDV *HElXGH GHU WHUUDQLVFKHQ $GPLQLVWUDWLRQEHWUHWHQ6HLQHEHLGHQ/HLEZl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lWH´ JHK|UWH DXI %DLNXODU ]X GHQ EHOLHEWHVWHQ SROLWLVFKHQ 3HUV|QOLFKNHLWHQ 'HVKDOE NRQQWH HU HV VLFK OHLVWHQ DXI HLQHQ %HJOHLWVFKXW] ]X YHU]LFKWHQ 1DFKGHPDXFKHULQGHUWHUUDQLVFKHQ$GPLQLVWUDWLRQYHUVFKZXQGHQZDUZDQGWH VLFK 6DPRV 5LGJRODU YRP )HQVWHU DE XQG VHW]WH VLFK DXI HLQHQ GHU N|USHUJHUHFKWHQ 3ROVWHUVHVVHOGHV:DUWH]LPPHUV 6HLQ*HVLFKWZDULPPHUQRFKDXVGUXFNVORV(UOLHVLFKGXUFKQLFKWVDQPHUNHQ GDHUHEHQGLH$QNXQIWVHLQHV2SIHUVEHREDFKWHWKDWWH
$GPLQLVWUDWRU 5RQRU 8WKHVNH ZDUWHWH ELV GLH YLHU 0lQQHU DP 7LVFK 3ODW] JHQRPPHQKDWWHQGDQQVDKHUVLHHLQHQQDFKGHPDQGHUHQODQJHDQ6LHHUZLGHUWHQ VHLQH%OLFNHNKONHLQHU]HLJWH:RKOZROOHQRGHUJDU6\PSDWKLH 'HU$IUR7HUUDQHUGHUGLHVFKZHUH$XIJDEHHLQHV$GPLQLVWUDWRUVYRQ%DLNXODU]X EHZlOWLJHQKDWWHQHLJWHGHQ.RSIOHLFKWQDFKYRUQHXQGHU|IIQHWHGLH*HKHLPNRQIHUHQ] PLWGHQ:RUWHQ ³0HLQH +HUUHQ ZLU KDEHQ XQV KLHU LQ GHU WHUUDQLVFKHQ $GPLQLVWUDWLRQ ]XVDPPHQJHIXQGHQ XP HLQHQ $XVZHJ DXV GHP SROLWLVFKHQ 'LOHPPD ]X ILQGHQ 'LH 3ROLWLN DXI %DLNXODU PDFKW LP $XJHQEOLFN HLQH VFKZHUH .ULVH GXUFK XQG HV EHGDUI YLHO JXWHQ:LOOHQVDOOHU%HWHLOLJWHQXPGLHGURKHQGH*HIDKU]XEHVHLWLJHQ'LHVHU5DXPLVW DEK|UVLFKHU HV ZLUG NHLQ 3URWRNROO YRQ XQVHUHP *HVSUlFK JHPDFKW 6LH N|QQHQ DOVR IUHL,KUH0HLQXQJVDJHQXQG,KUH9RUVFKOlJHXQWHUEUHLWHQ´ .KDQ (ONR1KRU ODFKWH ODXW XQG K|KQLVFK DXI 'HU &KHI GHU 26 ZDU HLQ VWlPPLJHU 0RQJROLGH PLW Y|OOLJ NDKOHP 6FKlGHO XQG HLQHP NDQWLJHQ *HVLFKW GHVVHQ =JHYRQ+lUWHXQG8QQDFKJLHELJNHLWJHSUlJWZDU ³,FKEUDXFKHPLFKZRKOIUPHLQHQ+HLWHUNHLWVDXVEUXFKQLFKW]XHQWVFKXOGLJHQ´ VDJWH HU PLW VHLQHU UDXKHQ EHOOHQGHQ 6WLPPH ³6LH VSUHFKHQ YRQ JXWHP :LOOHQ $GPLQLVWUDWRU 8WKHVNH REZRKO 7HUUD VLFK LQ GLHVHU %H]LHKXQJ QRFK QLFKW EHPHUNEDU JHPDFKW KDW :LU KDEHQ GLH SROLWLVFKHQ :LUUHQ DXI %DLNXODU DXVVFKOLHOLFK GHU VWXUHQ +DOWXQJGHV6RODUHQ,PSHULXPV]XYHUGDQNHQ´ ³%DLNXODUNDQQQLFKWXQP|JOLFKH)RUGHUXQJHQVWHOOHQXQGQDFKGHUHQ$EOHKQXQJ GHU 6RODUHQ 5HJLHUXQJ 6WXUKHLW XQG JDU :LOONU YRUZHUIHQ´ HQWJHJQHWH $GPLQLVWUDWRU 8WKHVNH(UEHXJWHVLFKQRFKZHLWHUYRUXQGVDKGHP&KHIGHU26IHVWLQGLH$XJHQ ³:HQQ VLFK MHPDQG GHU :LOONU VFKXOGLJ PDFKW GDQQ LVW HV ,KUH $EZHKURUJDQLVDWLRQ (ONR1KRU ,FK PX VFKlUIVWHQ 3URWHVW GDJHJHQ HLQOHJHQ ZLH GLH WHUUDQLVFKHQ
%DLNXODU²:HOWGHV7HUURV
M
$WODQ
'LSORPDWHQ XQG *HVFKlIWVOHXWH YRQ ,KUHQ $JHQWHQ EHKDQGHOW ZHUGHQ :LU KDEHQ HLQH JDQ]H SRVLWURQLVFKH 6SHLFKHUEDQN YROO PLW 'DWHQ YRQ hEHUJULIIHQ LKUHU /HXWH JHJHQ XQVHUH%HDPWHQ8QGGLHVH9RUNRPPQLVVHEHVFKUlQNHQVLFKDOOHDXIGHQ=HLWUDXPGHV OHW]WHQKDOEHQ-DKUHV´ (ONR1KRUYHU]RJVHLQHQVFKPDOHQ0XQG]XHLQHPVS|WWLVFKHQ/lFKHOQ ³6LHN|QQHQPHLQHQ/HXWHQQLFKWVYRUZHUIHQ$GPLQLVWUDWRUGHQQVLHKDEHQQXU LP,QWHUHVVHGHUSODQHWDUHQ6LFKHUKHLWJHKDQGHOW,FKELQ,KQHQGDQNEDUGDIUGD6LH GLHDQJHEOLFKHQhEHUJULIIHGHVOHW]WHQKDOEHQ-DKUHV]XU6SUDFKHEULQJHQ'HQQJHUDGH LQ GHQ YHUJDQJHQHQ VHFKV 0RQDWHQ KDEHQ GLH 6DERWDJHDNWH GHU WHUUDQLVFKHQ 7HUURULVWHQ]XJHQRPPHQ'HVKDOEXQGQXUGHVKDOEXQWHU]LHKHQZLUDQNRPPHQGHXQG DEUHLVHQGH7HUUDQHUYHUVFKlUIWHQ.RQWUROOHQ´ ³6LHZLVVHQGD7HUUDQLFKWVPLWGLHVHQ6DERWDJHDNWHQ]XWXQKDW´HQWJHJQHWH 5RQRU8WKHVNH ³,FKZHLQXUGDVLHYRQ7HUUDQHUQGXUFKJHIKUWZXUGHQ´ULHI(ONR1KRUKHIWLJ ³:LU KDEHQ 7HUUDQHU DXI IULVFKHU 7DW HUWDSSW ZLU KDEHQ *HVWlQGQLVVH QRFK XQG QRFK 7HUUDQHU KDEHQ GLH )KUHU YRQ 8QDEKlQJLJNHLWVRUJDQLVDWLRQHQ HUPRUGHW VLH KDEHQ 0LOLWlUGHSRWV XQG ,QGXVWULHDQODJHQ JHVSUHQJW KDEHQ GLH %HY|ONHUXQJ YRQ %DLNXODU WHUURULVLHUW 8QG GDQQ ZDJHQ 6LH HV GLH OlFKHUOLFKH %HKDXSWXQJ DE]XJHEHQ GD GDV 6RODUH ,PSHULXP PLW DOO GHP QLFKWV ]X WXQ KDW ,KU :RUW JHQJW XQV QLFKW PHKU +HUU $GPLQLVWUDWRUEULQJHQ6LHXQV%HZHLVH´ .KDQ(ONR1KRUOHKQWHVLFKPLWHLQHPVLHJHVVLFKHUHQ/lFKHOQLQVHLQHP6HVVHO ]XUFN ³6LH KDEHQ QRFK QLH YHUKHKOW HLQ IDQDWLVFKHU 7HUUD+DVVHU ]X VHLQ´ PHLQWH 8WKHVNHELWWHU³,FKPHLQHDEHUGD6LH,KUHU+HLPDWPLWGLHVHU+DOWXQJPHKUVFKDGHQ DOVQW]HQ´ :DQJXU 'RVLQLG UlXVSHUWH VLFK XQG VDJWH PLW OHLVHU 6WLPPH ³,FK ILQGH GLH 7DWVDFKH GD YRQ GLHVHU .RQIHUHQ] NHLQ 3URWRNROO DQJHIHUWLJW ZLUG VROOWH XQV QLFKW GD]XYHUOHLWHQXQVLQ*HKlVVLJNHLWHQ]XYHUOLHUHQ´ $OOHU $XJHQ ZDQGWHQ VLFK GHP 6SUHFKHU GHU 3ODQHWDUHQ 5lWH ]X GHU DOV 9HUWUHWHUGHUEDLNXODULVFKHQ5HJLHUXQJHUVFKLHQHQZDU (UNRQQWHQLFKWYHUKHLPOLFKHQGDVHLQH9RUIDKUHQDXVGHPHKHPDOLJHQ,QGLHQ 7HUUDV VWDPPWHQ (U EHVD GXQNOHV OHLFKW ZHOOLJHV +DDU GXQNOH $XJHQ YROOH /LSSHQ XQGHLQHQEUlXQOLFKHQ7HLQW (U VHW]WH VLFK IU HLQH JHPlLJWH 3ROLWLN HLQ VWHOOWH VLFK MHGRFK YROO XQG JDQ] KLQWHUGLH$XWDUNLHEHVWUHEXQJHQGHU%DLNXODUHQ ³'LHVH .RQIHUHQ] ZLUG ZLH DOOH DQGHUHQ ]X HLQHU )DUFH ZHQQ ZLU XQV QLFKW DXI GLH9RUEULQJXQJYRQ)DNWHQEHVFKUlQNHQGLHXQVHUHU6DFKHGLHQHQ´HUNOlUWHHU ³*DQ] PHLQHU 0HLQXQJ´ VWLPPWH *XDODSD 5XQGD ]X GHU ZLH 'RVLQLG LQGLVFKH 9RUIDKUHQKDWWH1LHPDQGEHDFKWHWHLKQ 'HU 6SUHFKHU GHU 3ODQHWDUHQ 5lWH IXKU IRUW ³'HVKDOE VFKODJH LFK YRU GD ZLU VRJOHLFKGHQZLFKWLJVWHQ3XQNWEHKDQGHOQ,FKPHLQHXQVHUHQ$QWUDJ]XU(UODQJXQJGHU $XWDUNLH :HQQ %DLNXODU YRQ 7HUUD DOV VRXYHUlQHU 3ODQHW DQHUNDQQW ZHUGHQ ZUGH GDQQ JlEH HV NHLQH 3UREOHPH PHKU 'LH %DLNXODUHQ ZROOHQ QLFKW PHKU XQG QLFKW ZHQLJHUDOVLKUH8QDEKlQJLJNHLW,FKKDEH,KQHQLQGLHVHP=XVDPPHQKDQJVFKRQYLHOH 3HWLWLRQHQ PHLQHU 5HJLHUXQJ EHUJHEHQ +HUU $GPLQLVWUDWRU $OOH ZXUGHQ LQ VFKDUIHU )RUP YRQ GHU 6RODUHQ 5HJLHUXQJ ]XUFNJHZLHVHQ 'D 6LH YRUKLQ GHQ JXWHQ :LOOHQ
%DLNXODU²:HOWGHV7HUURV
M
$WODQ
7HUUDV HUZlKQW KDEHQ KRIIH LFK GD XQVHUH OHW]WH (LQJDEH SRVLWLYHU DXIJHQRPPHQ ZXUGH´ 'RVLQLGEOLFNWHGHQ$GPLQLVWUDWRUKHUDXVIRUGHUQGDQ 5RQRU8WKHVNHPDFKWHHLQH*HVWHGHV%HGDXHUQV ³/HLGHU ZXUGH DXFK GLHVH 3HWLWLRQ ]XUFNJHZLHVHQ 2EZRKO LFK PLFK IU GLH :QVFKHGHU%DLNXODUHQSHUV|QOLFKHQJDJLHUW KDEHEOLHE7HUUDDEZHLVHQG0DQLVWLQ GHU 6RODUHQ 5HJLHUXQJ GHU $XIIDVVXQJ GD GLH %DLNXODUHQ QLFKW GLH Q|WLJH 5HLIH EHVLW]HQ XP LKUH :HOW VHOEVW UHJLHUHQ ]X N|QQHQ 'DUEHU KLQDXV VLQG HV VHOEVWYHUVWlQGOLFK DXFK ZLUWVFKDIWOLFKH (UZlJXQJHQ GLH 7HUUD ]X GLHVHU DEOHKQHQGHQ +DOWXQJYHUDQODVVHQ$EHUVLHVLQGQXUYRQ]ZHLWUDQJLJHU%HGHXWXQJ´ ³'DV LVW HLQ NODUHV 1HLQ´ VDJWH :DQJXU 'RVLQLG ³'DPLW EHWUDFKWH LFK GLHVH .RQIHUHQ]DOVEHHQGHW´ 0LW GLHVHQ :RUWHQ PDFKWH HU $QVWDOWHQ GHQ 5DXP ]X YHUODVVHQ $GPLQLVWUDWRU 8WKHVNHNRQQWHLKQQLFKW]XP%OHLEHQEHZHJHQ 1DFKGHP'RVLQLGJHJDQJHQZDUZHFKVHOWHQ.KDQ(ONR1KRUXQG0DQHLQ+RQJ HLQHQNXU]HQ%OLFNXQGHUKREHQVLFKHEHQIDOOV $GPLQLVWUDWRU 8WKHVNH ZDUI GHP )KUHU GHU $QWLWHUUDQLVFKHQ %HIUZRUWXQJVOLJD HLQHQYRUZXUIVYROOHQ%OLFN]XXQGVDJWH ³6LHKDEHQZlKUHQGGHUJDQ]HQ.RQIHUHQ]QLFKWHLQHLQ]LJHV0DO,KUH0HLQXQJ JHlXHUW0DQFLQ+RQJ´ 'HU$QJHVSURFKHQHKDWWHGLH$UPHEHUGHU%UXVWYHUVFKUlQNW:LHGLHPHLVWHQ %DLNXODUHQ ZDU DXFK HU PRQJROLVFKHU $EVWDPPXQJ 6HLQ VRQVW VR DXVGUXFNVVWDUNHV *HVLFKW]HLJWHNHLQH5HJXQJ $OV HU VSUDFK ZDUHQ VHLQH $XJHQ LQ XQEHVWLPPEDUH )HUQHQ JHULFKWHW VHLQH 6WLPPHNODQJGHVLQWHUHVVLHUW ³:DV LFK ]X VDJHQ KDEH N|QQHQ 6LH LQ ZHQLJHU DOV YLHU 6WXQGHQ EHU DOOH )HUQVHKXQG5XQGIXQNVWDWLRQHQK|UHQ,FK ZHUGH]XIQIKXQGHUW0LOOLRQHQ%DLNXODUHQ VSUHFKHQ GLH PLW PLU HLQHU 0HLQXQJ VLQG 'DV LVW GLH +lOIWH GHU *HVDPWEHY|ONHUXQJ 6LH WlWHQ JXW GDUDQ XQG PLW ,KQHQ PHLQH LFK 7HUUD PHLQHU 6WLPPH PHKU *HZLFKW EHL]XPHVVHQGHQQLFKYHUWUHWHGLHZDKUH9RONVPHLQXQJ´ 'HU$GPLQLVWUDWRUYRQ%DLNXODUEOLHEXQEHHLQGUXFNW ³6LH VLQG NHLQHVZHJV GLH 6WLPPH GHV 9RONHV 0DQFLQ+RQJ VRQGHUQ GHU W\SLVFKHFKDULVPDWLVFKH)KUHU6LHVLQGQXUEHOLHEWVRODQJH6LHGLH0DVVHQEOHQGHQ N|QQHQ$EHUZHQQ6LHQXUHLQHQHLQ]LJHQ)HKOHUEHJHKHQZHQQ6LHHLQPDOYHUVDJHQ GDQQNDQQVLFKGLH6WLPPXQJGHU0DVVHQOHLFKWLQ+DJHJHQ6LHZDQGHOQ*HKHQ6LH DOVRQLFKW]XZHLW0DQFLQ+RQJ´ .KDQ (ONR1KRUV $UP VFKQHOOWH KRFK XQG GHXWHWH DQNODJHQG DXI GHQ $GPLQLVWUDWRU ³'LHVH'URKXQJZLUG,KQHQQRFKWHXHU]XVWHKHQNRPPHQ´ULHIHUHUUHJW 5RQRU 8WKHVNH VFKWWHOWH GHQ .RSI ³(V ZDU NHLQH 'URKXQJ VRQGHUQ HLQ JXWJHPHLQWHU5DWVFKODJ´ ³6LH VROOWHQ GLHVHQ 5DWVFKODJ EHKHU]LJHQ´ ULHW *XDODSD 5XQGD GHU EHL GLHVHU .RQIHUHQ]GLH,QWHUHVVHQGHUEDLNXODULVFKHQ*URXQWHUQHKPHUXQG.RQ]HUQJHZDOWLJHQ YHUWUDW³,FKELQHLQ%DLNXODUHZLH6LH0DQFLQ+RQJ ,FKOLHEHPHLQH+HLPDW]XPLQGHVW HEHQVR ZLH 6LH 8QG LFK ZUGH HV QLFKW PLQGHU EHJUHQ ZHQQ ZLU GLH $XWDUNLH HUKLHOWHQ $EHU ZLU VROOWHQ VLH QLFKW HU]ZLQJHQ (V JHKW KLHU XP PHKU DOV XP GLH
%DLNXODU²:HOWGHV7HUURV
M
$WODQ
%HIULHGLJXQJGHVSHUV|QOLFKHQ(KUJHL]HV´ ³,FKZHL´HUZLGHUWH0DQFLQ+DQJUXKLJ³(VJHKW,KQHQXQG,KUHQ.RQVRUWHQQXU XP GHQ 3URILW ,FK HULQQHUH PLFK DQ HLQH =HLW GD XQWHUVWW]WHQ 6LH GLH $QWLWHUUDQLVFKH %HIUZRUWXQJVOLJD ILQDQ]LHOO XQG GXUFK SHUV|QOLFKHQ (LQVDW] 5XQGD $EHU GDQQ ]RJHQ 6LH VLFK SO|W]OLFK ]XUFN XQG PLPWHQ GHQ 1HXWUDOHQ 6HLW GDPDOV PXQNHOW PDQ 7HUUD KlWWH 6LH XQWHU $QGURKXQJ HLQHV %R\NRWWV JHJHQ ,KUH :HUIW DXVJHVFKDOWHW 'DUDQ LVW EHVWLPPWHWZDV:DKUHV´ ³,FK]RJPLFKDXVGHU$%/]XUFNDOV6LHGDPLWEHJDQQHQGLHVH2UJDQLVDWLRQ PLW,KUHQ+DSDUROHQ]XYHUJLIWHQ´HUNOlUWH*XDODSD5XQGD ³,FK KDEH GLH $%/ ]X HLQHP XQEHUVHKEDUHQ 0DFKWIDNWRU JHPDFKW´ KLHOW 0DQFLQ+RQJ GDJHJHQ ³8QG LFK ZHUGH HV DXFK HUUHLFKHQ GD 7HUUD XQVHUH )|UGHUXQJHQHUIOOW´ 'DPLWZDQGWHHUVLFKDE1DFK]ZHL6FKULWWHQEOLHEHUMHGRFKVWHKHQXQGGUHKWH VLFKQRFKHLQPDOXP ³,FKKDEHQXUQRFKHLQH)UDJHDQ6LH5XQGD´VDJWHHU³:LHVRVLQG6LHXQGGHU &ODQGHU0LOOLDUGlUHGHP6RODUHQ,PSHULXPQRFKK|ULJREZRKOWHUUDQLVFKH7HUURULVWHQ HXUH:HUIWHQ'HSRWVXQG)DEULNHQ]HUVW|UHQXQGHXFK0LOOLRQHQYHUOXVWH]XIJHQ"´ *XDODSD5XQGDDQWZRUWHWH ³(VVLQG7HUUDQHUGLHGLH6DERWDJHDNWHDXVIKUHQ DEHUGDVLVWIUPLFKNHLQ%HZHLVGDVLHLP$XIWUDJGHV6RODUHQ,PSHULXPVKDQGHOQ´ 6DPRV 5LGJRODU VDK YRP )HQVWHU GHV :DUWH]LPPHUV GHQ 6FKZHEHU GHU 2UGQXQJVVRQGHUWUXSSH VWDUWHQ $OV HU KLQWHU VLFK HLQ *HUlXVFK K|UWH GUHKWH HU VLFK RKQH+DVWXP(VZDUGHU6HNUHWlUGHV$GPLQLVWUDWRUVGHULKQEDWLKP]XIROJHQ 6DPRV5LGJRODUQDKPVHLQHQ'LSORPDWHQNRIIHUDXIXQGYHUOLHPLWGHP6HNUHWlU GDV:DUWH]LPPHU.XU]GDUDXIVDHU5RQRU8WKHVNHJHJHQEHU 'HU $GPLQLVWUDWRU EHIDQG VLFK LQ JHGUFNWHU 6WLPPXQJ 'DUDXV VFKOR 6DPRV 5LGJRODUGDGLH*HKHLPNRQIHUHQ]QHJDWLYYHUODXIHQZDU(UKLHOWVLFKQLFKWODQJHPLW 9RUUHGHQDXIVRQGHUQNDPVRIRUWDXIGHQ*UXQGVHLQHV%HVXFKHV]XVSUHFKHQ ³,Q ]HKQ 7DJHQ DOVR DP 1RYHPEHU ZHUGHQ VLHEHQ 6FKLIIH GHU *&& PLW ZLFKWLJHQ+DOEIHUWLJWHLOHQDXI%DLNXODUHLQWUHIIHQ´IKUWHHUDXV³(VKDQGHOWVLFKGDEHL XP WHUUDQLVFKH )DEULNDWH GLH YRP 'LHX.RQ]HUQ GULQJHQG IU GLH (U]HXJXQJ YRQ .OHLQVW+\SHUNRPJHUlWHQ EHQ|WLJW ZHUGHQ :DQJ 'LHX LVW QXQ DQ XQVHUH +DQGHOVPLVVLRQPLWGHU%LWWHKHUDQJHWUHWHQGLHVLHEHQ5DXPVFKLIIHHQWJHJHQXQVHUHU XUVSUQJOLFKHQ $EPDFKXQJ QLFKW DXI GHP 5DXPKDIHQ YRQ %DLNXODU&LW\ ODQGHQ ]X ODVVHQVRQGHUQGLUHNWDXIGHQ/DQGHSOlW]HQGHU3URGXNWLRQVVWlWWHQ´ $GPLQLVWUDWRU 8WKHVNH QLFNWH ]XP =HLFKHQ GD HU YHUVWDQGHQ KDWWH ³'LH *HQHUDO &RVPL[ &RPSDQ\ P|FKWH QXQ GD GLH WHUUDQLVFKH $GPLQLVWUDWLRQ GLH (UODXEQLV IU HLQH JHVRQGHUWH /DQGXQJ GHU VLHEHQ 5DXPVFKLIIH EHVRUJW +DEH LFK UHFKW"´ 6DPRV 5LGJRODU EHVWlWLJWH GLHV (U KROWH HLQLJH 'RNXPHQWH DXV VHLQHP 'LSORPDWHQNRIIHUXQGEHUUHLFKWHVLHGHP$GPLQLVWUDWRU ³:LUKDEHQEHUHLWVDOOH8QWHUODJHQYRUEHUHLWHW'LH/DQGXQJGHU5DXPVFKLIIHEHL GHQ3URGXNWLRQVVWlWWHQEHGHXWHWQLFKWQXUHLQH.RVWHQHUVSDUQLVIUGHQ'LHX.RQ]HUQ
%DLNXODU²:HOWGHV7HUURV
M
$WODQ
VRQGHUQ DXFK HLQHQ =HLWJHZLQQ IU GLH *&& .|QQHQ ZLU GDPLW UHFKQHQ GD XQV GLH $GPLQLVWUDWLRQGLHVHNOHLQH*HIlOOLJNHLWHUZHLVW"´ ³:DUXP QLFKW´ VDJWH 8WKHVNH ³,FK ZXQGHUH PLFK MHGRFK HLQ ZHQLJ GD :DQJ 'LHXGLH6DFKHQLFKWSHUV|QOLFKLQGLH+DQGQLPPW6RYLHOLFKJHK|UWKDEHKDWHUJXWH %H]LHKXQJHQ]XUEDLNXODULVFKHQ5HJLHUXQJ´ ³,FKKDEHPLFKHUERWHQGHQ3DSLHUNUDP]XHUOHGLJHQ´DQWZRUWHWH5LGJRODU0LW HLQHP VFKZDFKHQ /lFKHOQ IJWH HU KLQ]X ³6R]XVDJHQ DOV .XQGHQGLHQVWOHLVWXQJ GHU *&&´ 1DFKGHP VLFK 6DPRV 5LGJRODU GLHVHU $XIJDEH HQWOHGLJW KDWWH YHUOLH HU GDV $GPLQLVWUDWLRQVJHElXGH'LH7RUSRVWHQEHUSUIWHQVHLQH3DSLHUHQXUREHUIOlFKOLFK$OV 0LWJOLHG GHU WHUUDQLVFKHQ +DQGHOVPLVVLRQ ZDU HU HLQ VWlQGLJHU %HVXFKHU GHU $GPLQLVWUDWLRQXQGNRQQWHXQJHKLQGHUWHLQXQGDXVJHKHQ 'DVEUDFKWHYLHOH9RUWHLOHPLWVLFK 6DPRV 5LGJRODU PLHWHWH HLQ 6FKZHEHUWD[L OLH GHQ 5RERWSLORWHQ HLQLJH =HLW LP /XIWUDXPYRQ%DLNXODU&LW\NUHX]HQXQGODQGHWHHUVWDXIGHP'DFKHLQHV*HElXGHVLQ GHU'DODL/DPD$YHQXHDOVHUVLFKHUZDUQLFKWYHUIROJW]XZHUGHQ 9RP3DUNGDFKIXKUHULP$QWLJUDYOLIWLQGDV]HKQWH6WRFNZHUNKLQXQWHUXQGEHWUDW GRUWHLQ%URGDVGLH$XIVFKULIW:(//,7$12,03257(;3257WUXJ :HOO,WDQRZDUZLHDEJHPDFKWDOOHLQLQVHLQHP%UR%HL5LGJRODUV(UVFKHLQHQ ]HLJWHHUVLFKQHUY|VXQGXQVLFKHU(UZDUHLQNOHLQHUUXQGOLFKHU0DQQGHUYRU]ZDQ]LJ -DKUHQ YRP VGDPHULNDQLVFKHQ .RQWLQHQW 7HUUDV QDFK %DLNXODU DXVJHZDQGHUW ZDU $QIDQJVKDWWHHUPLWYLHOHQ6FKZLHULJNHLWHQ]XNlPSIHQJHKDEWGDDXI%DLNXODUIDVWQXU 1DFKNRPPHQ YRQ DVLDWLVFKHQ 7HUUDQHUQ OHEWHQ $EHU VFKOLHOLFK KDWWH HU VLFK GXUFKJHVHW]W $OOHUGLQJV ZDU LKP GDV QXU PLWWHOV DQUFKLJHU *HVFKlIWVPHWKRGHQ JHOXQJHQ ³+DEHQ6LHGLH:DIIHYRUEHUHLWHW"´IUDJWH6DPRV5LGJRODU ,WDQRQLFNWHHLIULJ ³-D QDWUOLFK´ YHUVLFKHUWH HU ]|JHUWH DEHU EHYRU HU XQVLFKHU IRUWIXKU ³'D LVW QRFK HWZDV GDV PLU ]X GHQNHQ JLEW ,FK JODXEH ]X ZLVVHQ ZRIU 6LH GLH :DIIH EUDXFKHQ:HQQLFKUHFKWKDEH´ ³*HEHQ6LHPLUGLH:DIIH´XQWHUEUDFK5LGJRODULKQ ,WDQRV +lQGH ]LWWHUWHQ DOV HU HLQHQ :DQGVFKUDQN |IIQHWH XQG HLQHQ 'LSORPDWHQNRIIHUKHUDXVKROWHGHUGHP5LGJRODUVELVLQVOHW]WH'HWDLOJOLFK %HYRUHUGHQNOHLQHQ.RIIHUDXVKlQGLJWHVDJWHHU ³%LVKHU ZDU HV PLU HJDO IU ZHOFKHQ =ZHFN LFK ,KQHQ GLH :DIIHQ DXVKlQGLJWH ,FK NPPHUWH PLFK QLH GDUXP ZHQ 6LH XPOHJHQ ZROOWHQ ,KUH 2UJDQLVDWLRQ KDW PLFK LPPHU DQVWlQGLJ EH]DKOW XQG GDV ZDU DXVVFKODJJHEHQG $EHU GDV OHW]WH 0DO DOV LFK ,KQHQ GLH 3\UlSKRULW3KLROH JDE YHUEUDQQWH NXU] GDUDXI HLQ 0DQQ MHQHU SROLWLVFKHQ )UDNWLRQGHUDXFKLFKDQJHK|UH´ 5LGJRODU HQWUL LKP GHQ .RIIHU 'DEHL VDJWH HU ³.HLQH 6HQWLPHQWDOLWlWHQ:HOO GDVSDWQLFKW]X,KQHQ´ 5LGJRODU OLH GHQ .RIIHU DXIVFKQDSSHQ 'DULQ EHIDQG VLFK HLQ VFKZHUHU ]HUOHJEDUHU7R[L1DGOHUQHXHVWHU%DXDUW ,WDQR IXKU XQEHLUUEDU IRUW ³$OV 6LH PLFK YRU ]HKQ 7DJHQ DQULHIHQ XQG GHQ 7R[L 1DGOHUDQIRUGHUWHQKDEHLFKPLFKHLQZHQLJXPJHK|UW´ ³'DVZDUHLQ)HKOHU´VDJWH5LGJRODUZlKUHQGHUGLH(LQ]HOWHLOHGHV7R[L1DGOHUV
%DLNXODU²:HOWGHV7HUURV
M
$WODQ
]XVDPPHQEDXWHXQG]XIULHGHQIHVWVWHOOWHGDGLH:DIIHQQXPPHUKHUDXVJHVFKPRO]HQ ZDU ³:LVVHQ6LHZDVLFKKHUDXVIDQG"´VDJWH,WDQRDQJULIIVOXVWLJ ³.HLQH1DPHQ´KHUUVFKWH5LGJRODULKQDQ ,WDQRDWPHWHVFKZHUDXV ³,FKPDFKHQLFKWPHKUPLW´ 5LGJRODU PRQWLHUWH GHQ DOV .DPHUD JHWDUQWHQ 7R[L1DGOHU DXI GDV 'UHLEHLQ XQG WUXJLKQDXIGLH7HUUDVVHKLQDXV ³9HUGDPPWZDVPDFKHQ6LHGD´ULHI,WDQRHUVFKURFNHQ ³(VVROOQXUHLQNOHLQHU7HVWZHUGHQ6LHKDEHQGRFKHLQUHLQHV*HZLVVHQRGHU"´ ,WDQR IROJWH 5LGJRODU DXI GLH 7HUUDVVH (U ]LWWHUWH DP JDQ]HQ .|USHU ³'HU 7R[L 1DGOHU PX HUVW HLQJHVWHOOW ZHUGHQ 'LH 3DUDOOD[H VWLPPW QLFKW GHU 6XFKHU JLEW HLQ YHU]HUUWHV%LOGGDGXUFKLVWGLH=LHOJHQDXLJNHLWEHHLQWUlFKWLJW´ 5LGJRODUSDFNWH,WDQRDP+DOV³:DUXPKDEHQ6LHPLUGDVYHUVFKZLHJHQ"´ ³,FKKlWWHHV,KQHQJHVDJW(KUHQZRUW5LG´ ³.HLQH 1DPHQ´ 5LGJRODU OLH GHQ DQGHUHQ ORV XQG VDJWH PLW JHIlKUOLFK OHLVHU 6WLPPH ³1HKPHQ 6LH MHW]W GLH )HLQMXVWLHUXQJ YRU DEHU VFKQHOO ,FK JHEH ,KQHQ GUHL 0LQXWHQ8QGGDQQKROHQ6LHGLH0DVNHQELOGQHULQDXVGHP6FK|QKHLWVVDORQ,FKPX LQVSlWHVWHQVGUHLLJ0LQXWHQDXIEUHFKHQ´ 1DFKGHP ,WDQR GHQ 3DUDOOD[HQDXVJOHLFK GHV 6XFKHUV HLQMXVWLHUW KDWWH XQG GLH RSWLPDOH=LHOJHQDXLJNHLWJHJHEHQZDUSURELHUWH5LGJRODUGHQ7R[L1DGOHUDXV(UQDKP HLQHQ6FKZHEHUDXIV.RUQGHU]Z|OIKXQGHUW0HWHUHQWIHUQWZDUXQGLQVHLQH5LFKWXQJ IORJ(UVWHOOWHGLH%LOGYHUJU|HUXQJDXIPD[LPDOH/HLVWXQJVRGDGHU%XJGHQJDQ]HQ 6XFKHUDXVIOOWH'DQQGUFNWHHUDE(UPXWHVHLQH$XJHQDQVWUHQJHQXPWURW]GHU LPPHQVHQ 9HUJU|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|QQH (LQH 9LHUWHOVWXQGH VSlWHU EOLFNWH 5LGJRODU HLQ 0RQJROLGH DXV GHP 6SLHJHO HQWJHJHQ6HLQH0DVNHZDUSHUIHNW ³6LHKDEHQEHJQDGHWH+lQGH´VWHOOWH5LGJRODUIHVW 'DV 0lGFKHQ OlFKHOWH ³:HQQ LFK PRGHOOLHUH EUDXFKH LFK NHLQH $XJHQ ]XP 6HKHQ´ 5LGJRODUV*HVLFKWVDXVGUXFNZXUGHKDUW(UJULIILQGLH7DVFKHXQGVDJWH ³-DLFK KDEH JHPHUNW GD GHU 7DVWVLQQ ,KUHU +lQGH DXHUJHZ|KQOLFK DXVJHSUlJW LVW +DOWHQ 6LHVLHHLQPDODXI´ 'DV 0lGFKHQ IRUPWH GLH +lQGH ]X HLQHU 6FKDOH 5LGJRODU KDWWH HLQH ZLQ]LJH GXUFKVFKHLQHQGH3KLROHDXVGHU7DVFKHJHKROW(UODQJWHQDFKHLQHU3LQ]HWWHNOHPPWH GLH 3KLROH GDULQ HLQ KLHOW VLH EHU GLH +lQGH GHV 0lGFKHQV XQG GUFNWH ]XVDPPHQ
%DLNXODU²:HOWGHV7HUURV
M
$WODQ
=ZHL7URSIHQHLQHUJODVNODUHQ)OVVLJNHLWWURSIWHQDXIGLH+DQGIOlFKHQGHV0lGFKHQV 6LHVFKULHDXIDOVGLH6lXUHLKUH+DQGIOlFKHQWUDI6LHVWROSHUWHGDYRQVLFKGLH +lQGHDP*HZDQGUHLEHQG 5LGJRODUHUKREVLFKXQGJULIIQDFKGHP'LSORPDWHQNRIIHUPLWGHP7R[L1DGOHU ³6LHHUElUPOLFKHU+DOXQNH´VFKQH,WDQRLKQDQ ³,FKZHUGH6LHPHOGHQPVVHQ´VDJWH5LGJRODUNDOWXQGYHUOLHGDV%UR 'LH 0DVVHQSURWHVWNXQGJHEXQJ IDQG LP ³7DO GHU )UHLKHLW´ VWDWW HLQHP ]ZHL .LORPHWHUGXUFKPHVVHQGHQ7DONHVVHODP5DQGHYRQ%DLNXODU&LW\ 0LOOLRQHQ ZDUHQ JHNRPPHQ XP 0DQFLQ+RQJ ]X VHKHQ ]X K|UHQ XQG LKP ]X]XMXEHOQ+XQGHUWH0LOOLRQHQ%DLNXODUHQVDHQYRUGHQ%LOGVFKLUPHQXPGHUJU|WHQ .XQGJHEXQJLQGHU*HVFKLFKWHGHU3LRQLHUZHOWEHL]XZRKQHQ $OV 0DQFLQ+RQJ DXI GHP 3RGLXP LQ GHU 0LWWH GHV 7DONHVVHOV LQ HLQHP 6HKZHEHUGHU26ODQGHWHNRFKWHGLH9RONVVHHOHEHUHLWV 6SUHFKFK|UHZXUGHQDQJHVWLPPW .DPSIOLHGHUZXUGHQJHVXQJHQ /HXFKWVFKULIWUDNHWHQZXUGHQDEJHVFKRVVHQ hEHUDOOZDUHQKDHUIOOWH*HVLFKWHU]XVHKHQXQGHUKREHQH)lXVWH 'LHIOLHJHQGHQ.DPHUDVQDKPHQGLHVH%LOGHUDXIGLH0LNURSKRQHEHUWUXJHQGLH +DSDUROHQGXUFKGLH/DXWVSUHFKHU ³%HHQGHWGLHWHUUDQLVFKH:LOONU´VFKULHGLH0DVVHLP&KRU 81$%+b1*,*.(,7)h5%$,.8/$5²)5(,+(,7'(1%$,.8/$5(1VFKULHEHQ GLH/HXFKWVFKULIWUDNHWHQLQGHQ+LPPHO 0LOOLRQHQ MXEHOWHQ DOV 0DQFLQ+RQJ DXV GHP 6HKZHEHU VWLHJ XQG YRU GLH 0LNURSKRQH WUDW 26$JHQWHQ VLFKHUWHQ GLH 6SUHFKHUWULEQH DE 8QLIRUPLHUWH (LQKHLWHQ GHU3ROL]HLXQGGHU$UPHHGUlQJWHQGLH0HQJHYRP3RGLXP]XUFN0DQFKPDOZDUHQ GLHIDQDWLVLHUWHQ%DLNXODUHQQLFKWPHKUPLWKHUN|PPOLFKHQ0LWWHOQ]XElQGLJHQXQGVR WUDWHQGDXQGGRUWGLH(OHNWURVFKRFN.QSSHOLQ$NWLRQ -HGHU 7HUUDQHU GHU VLFK LK GLHVHP $XJHQEOLFN LK GDV ³7DO GHU )UHLKHLW´ YHULUUW KlWWHZlUHLQ6WFNHJHULVVHQZRUGHQ (LQH 3XSSH GLH HLQH¶ 8QLIRUP GHU 6RODUHQ )ORWWH WUXJ ZXUGH DQJH]QGHW XQG PLWWHOVHLQHV$QWLJUDYSURMHNWRUVDXIGLH5HLVHJHVFKLFNW,QHLQHU+|KHYRQGUHLKXQGHUW 0HWHUQ H[SORGLHUWH VLH 8QG GLH 0HQJH VWU]WH VLFK DXI GLH KHUDEIDOOHQGHQ 7UPPHU WUDPSHOWHDXILKQHQKHUXPXQGVSLHDXIVLH ³-DZRKO]HUUHLWGLH:|OIH´KDOOWHHVSO|W]OLFKDXVDOOHQ/DXWVSUHFKHUQ 0LW GLHVHQ :RUWHQ EHJDQQ 0DQFLQ+RQJ VHLKH +DWLUDGH JHJHQ GDV 6RODUH ,PSHULXP 'LH IOLHJHQGHQ )HUQVHKNDPHUDV IORJHQ DK GHQ )KUHU GHU $QWLWHUUDQLVFKHQ %HIUZRUWXQJVOLJD KHUDQ XP LKQ DXV QlFKVWHU 1lKH XQG RKQH 7HOHREMHNWH GHQ 0LOOLRQHQXQGDEHU0LOOLRQHQ=XVFKDXHUQSUlVHQWLHUHQ]XN|QQHQ 0DQFLQ+RQJ KDWWH VHLKH =XK|UHU LPPHU LK GHU *HZDOW (U YHUVHW]WH VLH LK 6WDXQHQ LK HKUIUFKWLJHV 6FKZHLJHQ EUDFKWH VLH ]XU 5DVHUHL VWDFKHOWH VLH ELV ]XU :HLJOXWDXIJDQ]ZLHHVLKPEHOLHEWH
%DLNXODU²:HOWGHV7HUURV
M
$WODQ
(UGLULJLHUWHVLHOLHVLHDJLHUHQZLHHLQ5HJLVVHXUVHLQH6FKDXVSLHOHU 8QG GLH IOLHJHQGHQ .DPHUDV ]HLFKQHWHQ DOOHV DXI 6LH ]HLJWHQ GLH YHU]HUUWHQ *HVLFKWHU GLH JHUHFNWHQ )lXVWH GLH ZRJHQGHQ /HLEHU XQG VWDPSIHQGHQ %HLQH²XQG VLH ]HLJWHQ DXFK HLQHQ HLQ]HOQHQ 0DKQ LK GH]HQWHU .OHLGXQJ GHU DP 5DQGH GHV 7DONHVVHOV HLQH YHUDOWHWH )LOPNDPHUD DXV HLQHP VFKZDU]HQ .|IIHUFKHQ KROWH XQG DXI HLQ7HOHVNRS'UHLEHLQPRQWLHUWH
³:DV KDW 6DPRV 5LGJRODU EHL GLHVHU .XQGJHEXQJ ]X VXFKHQ"´ ZXQGHUWH VLFK $GPLQLVWUDWRU 8WKHVNH DOV HU GLH 5NNHQDQVLFKW GHV 0DQQHV PLW GHU DQWLTXLHUWHQ )LOPNDPHUDDXIGHU3URMHNWLRQVZDQGVDK ³0HLQHQ6LH5LGJRODUYRQGHU*&&"´HUNXQGLJWHVLFK0DMRU6SOLQG:DLNRY&KHI GHV8626WW]SXQNWHVDXI%DLNXODU 'HU 0DQQ PLW GHU .DPHUD GUHKWH VLFK XP XQG ]HLJWH VHLQ *HVLFKW (V KDWWH PRQJRORLGH=JH ³,FKKDEHPLFKJHLUUW´JHVWDQG8WKHVNH³:DKUVFKHLQOLFKKDEHLFKPLFKYRQGHU 7DWVDFKH WlXVFKHQ ODVVHQ GD GHU .DPHUDPDQQ GHQ JOHLFKHQ .RIIHU ZLH 5LGJRODU EHVLW]W´ ³0DQFLQ+RQJNRPPWODQJVDPLQ)DKUW´VDJWH2EHUVW&DQJRU5DWLHIIGHU6RO$E &KHI YRQ %DLNXODU ³(V LVW XQZDKUVFKHLQOLFK ZDV GLHVHU 0DKQ DQ *LIW XQG *DOOH YHUVSULW]W (V ZlUH GRFK HLQH LQWHUHVVDQWH $XIJDEH IU GLH 862 LKQ XQVFKlGOLFK ]X PDFKHQ0HLQHQ6LHQLFKWDXFK0DMRU:DLNRY"´ ³:HQQ ZLU 0DQFLQ+RQJ DXHU *HIHFKW VHW]HQ GDQQ PDFKHQ ZLU LKQ ]XP 0lUW\UHU´VDJWHGHU8620DMRU³1HLQVRJHKWGDVQLFKW,FKELQGHU0HLQXQJGDGLH 6RO$E VFKRQ YRU -DKUHQ YHUVDJW KDW DOV VLH QLFKWV JHJHQ GLH *UQGXQJ GHU $%/ XQWHUQRPPHQ KDW 'LHVH (QWZLFNOXQJ ZDU VFKRQ ODQJH YRUDXV]XVHKHQ :DUXP VROOHQ MHW]WZLUGLH.DVWDQLHQIU6LHDXVGHP)HXHUKROHQ"´ ³'LHVH (QWZLFNOXQJ ZDU QLFKW YRUDXV]XVHKHQ´ EHKDXSWHWH 2EHUVW 5DWLHII ³'HQNHQ 6LH GDUDQ GD HLQ JlQ]OLFK KHXHU )DNWRU +LQ]XJHNRPPHQ LVW QlPOLFK GLH 6DERWDJHDNWH GLH YRQ 7HUUDQHUQ DXVJHIKUW ZHUGHQ :LH VWHOOW VLFK 4XLQWR&HQWHU GD]X"´ ³/RUGDGPLUDO$WODQZLUGXQVJUQHV/LFKWJHEHQZHQQHUGLH+RIIQXQJDXIHLQHQ (UIROJGHU6RO$EHQGJOWLJ DXIJHJHEHQKDW´PHLQWH0DMRU:DLNRYXQGIJWHODNRQLVFK KLQ]X ³,FKQHKPHDQGDVZLUGVHKUEDOGVHLQ´ 8WKHVNHPLVFKWHVLFKHLQ³0HLQH+HUUHQLFKPXVFKRQELWWHQ,FKOLH6LHQLFKW NRPPHQ GDPLW 6LH .RPSHWHQ]VWUHLWLJNHLWHQ DXVWUDJHQ :LU ZROOHQ QDFK %HHQGLJXQJ GHU 3URWHVWNXQGJHEXQJ 0DQDKPHQ ]XU .OlUXQJ GHU /DJH GLVNXWLHUHQ 6WUHQJHQ 6LH VLFK DQ GHQQ ZLU VLW]HQ DOOH DXI HLQHU $WRPERPEH GLH MHGHQ $XJHQEOLFN JH]QGHW ZHUGHQNDQQ´ $GPLQLVWUDWRU 8WKHVNH KDWWH GLH IKUHQGHQ 2IIL]LHUH GHU 862 XQG GHU 6RODUHQ $EZHKULQGLH)XQNVWDWLRQGHUWHUUDQLVFKHQ$GPLQLVWUDWLRQJHUXIHQXPVLFKYRQLKQHQ /|VXQJVYRUVFKOlJH XQWHUEUHLWHQ ]X ODVVHQ 'DV 6WDPPSHUVRQDO DQ GHQ +\SHUNRPHQ XQG GHQ 1RUPDOIXQNJHUlWHQ ZDU YRQ 8626SH]LDOLVWHQ DEJHO|VW ZRUGHQ ,QVJHVDPW EHIDQGHQ VLFK GUHLLJ 3HUVRQHQ LQ GHP YLHO ]X NOHLQHQ 5DXP XQG YHUIROJWHQ GLH )HUQVHKEHUWUDJXQJ YRQ 0DQFLQ+RQJV 3URWHVWNXQGJHEXQJ DXI GHU JURHQ
%DLNXODU²:HOWGHV7HUURV
M
$WODQ
3URMHNWLRQVZDQG 'LHKHLVHUH6WLPPHGHV$%/)KUHUVGU|KQWHDXVGHQ/DXWVSUHFKHUQ ³ YHUODQJHQ ZLU GLH /RVO|VXQJ YRP 6RODUHQ ,PSHULXP 9LHUXQGQHXQ]LJ -DKUH KLQGXUFK OLWWHQ ZLU XQWHU GHQ WHUUDQLVFKHQ $XVEHXWHUQ -D LKU VWDPPW GRFK VHOEVW YRQ 7HUUD DE KlOW PDQ XQV LQ GHU $GPLQLVWUDWLRQ YRU 8QG GLH IQIKXQGHUWWDXVHQG 0HQVFKHQGLHLP-DKUH%DLNXODUEHVLHGHOWHQZDUHQ7HUUDQHU 'DVPDJVFKRQVHLQGDVVWLPPWVFKRQDEHUHVLVWDXFK7DWVDFKHGDZLUGLH ]ZHLWH XQG GULWWH *HQHUDWLRQ %DLNXODUHQ VLQG :LU IKOHQ XQV 7HUUD QLFKW PHKU YHUSIOLFKWHW 0DQWU|VWHWXQVGDPLWGDZLULQVHFKV-DKUHQDXWRPDWLVFKDXWDUNZHUGHQ$EHU PDQYHUVFKZHLJWGDVHOEVWGDQQXQVHUH$XHQSROLWLNYRP6RODUHQ,PSHULXPJHVWDOWHW ZHUGHQVROO :LU ZROOHQ QLFKW VHFKV -DKUH ZDUWHQ XQG ZLU ZROOHQ GLH DEVROXWH 8QDEKlQJLJNHLW :LU %DLNXODUHQ N|QQHQ DXI 7HUUD DOV 9RUPXQG YHU]LFKWHQ +HXWH VFKUHLEHQZLUGHQ1RYHPEHU²XQGQRFKHKHGDVKHXH-DKUEHJLQQWHUZDUWHQ ZLU7HUUDV=XVLFKHUXQJXQVHUH8QDEKlQJLJNHLWVEHVWUHEXQJHQ]XEHUFNVLFKWLJHQ :HQQGDVQLFKWJHVFKLHKWGDQQZLUGDXI%DLNXODUHLQ6WXUPORVEUHFKHQ´ 8QGGHU6WXUPEUDFKLP³7DOGHU)UHLKHLW´ORV'LHIOLHJHQGHQ.DPHUDVILQJHQGLH WREHQGH 0HQJH HLQ XQG VLH SUlVHQWLHUWHQ VLH GHQ =XVFKDXHUQ LQ GHU 7RWDOH LQ +DOEQDK1DKXQGLQ*URDXIQDKPHQ ³hEHUDOOLP,PSHULXPEUHQQWHV´PXUPHOWH8620DMRU:DLNRY $GPLQLVWUDWRU 8WKHVNH ]XFNWH XQZLOONUOLFK ]XVDPPHQ DOV DXI GHU 3URMHNWLRQVZDQG NXU] GHU GH]HQW JHNOHLGHWH 0DQQ PLW GHU YHUDOWHWHQ 6WDWLYNDPHUD HUVFKLHQ 9RQKLQWHQZDUGLHbKQOLFKNHLWPLW6DPRV5LGJRODUYHUEOIIHQG (UKDWWHHEHQ]XILOPHQEHJRQQHQ
.KDQ (ONR1KRU NRQQWH VHLQHU 1HUYRVLWlW QLFKW PHKU +HUU ZHUGHQ 2EZRKO 0DQFLQ+RQJ KHXWH EHVRQGHUV JXW ZDU K|UWH HU LKP NDXP ]X (U ZDU ]X VHKU GDPLW EHVFKlIWLJW VHLQH /HXWH ]X NRQWUROOLHUHQ GLH EHU GHQ JHVDPWHQ 7DONHVVHO YHUWHLOW ZDUHQ 0HKUDOV]HKQWDXVHQG6SH]LDODJHQWHQZDUHQDXIJHERWHQ'LH26EHIDQGVLFKLQ K|FKVWHU $ODUPEHUHLWVFKDIW KDWWH DQ GLHVHP 7DJ GHQ VWlUNVWHQ XQG DXIZHQGLJVWHQ (LQVDW]VHLWLKUHU*UQGXQJ 7URW]GHP NRQQWH VLFK .KDQ(ONR1KRU HLQHU E|VHQ $KQXQJ QLFKW HUZHKUHQ $OV &KHI GHV $EZHKUGLHQVWHV ZXWH HU DXV (UIDKUXQJ GD PDQFKPDO GLH VWUHQJVWHQ 6LFKHUKHLWVPDQDKPHQQLFKWVQW]WHQZHQQPDQQLFKWGLH$UWGHU%HGURKXQJNDQQWH 'LHWHUUDQLVFKHQ7HUURULVWHQZXUGHQLPPHUGUHLVWHU +DWWHQ VLH VLFK IUKHU GDUDXI EHVFKUlQNW XQEHPDQQWH $UPHHGHSRWV ]X YHUQLFKWHQ VR JULIIHQ VLH MHW]W EHZDFKWH $UPHHVWW]SXQNWH DQ 'HQ YHUHLQ]HOWHQ $NWLRQHQJHJHQNOHLQHUH3ULYDWXQWHUQHKPHUZDUHQJURDQJHOHJWH6DERWDJHDNWHJHJHQ .RQ]HUQHXQG5HJLHUXQJVLQGXVWULHDQODJHQJHIROJW $XIGDV.RQWRDHUWHUUDQLVFKHQ7HUURULVWHQJLQJHQ+XQGHUWHYRQ0HQVFKHQOHEHQ XQGGLH=HUVW|UXQJYRQ*WHUQLP:HUWHYRQ0LOOLDUGHQ6RODU
%DLNXODU²:HOWGHV7HUURV
M
$WODQ
(ONR1KRU OLH VHLQH $XJHQ ZDFKVDP XQG XQUXKLJ EHU GLH 0HQJH VFKZHLIHQ ZlKUHQG HU PLW VHLQHQ $JHQWHQ LQ VWlQGLJHP 6SUHFKIXQNNRQWDNW VWDQG +LQWHU LKP LP 6FKZHEHQ VDHQ GUHL ZHLWHUH 0lQQHU DQ KRFKHPSILQGOLFKHQ 2UWXQJVJHUlWHQ 6LH NRQQWHQ MHGH 6WUDKOHQZDIIH ELV LQ HLQH (QWIHUQXQJ YRQ VLHEHQKXQGHUW 0HWHUQ H[DNW RUWHQ$OOHUGLQJVKDOIGDVQLFKWYLHOGHQQHVEHIDQGHQVLFK]XYLHOHEHZDIIQHWH6ROGDWHQ XQG6LFKHUKHLWVEHDPWHLP7DO (UPXWH0DQFLQ+RQJPLWDOOHQ0LWWHOQEHVFKW]HQ XQGDOOH*HIDKUHQYRQLKP IHUQKDOWHQ 'HQQ 0DQFLQ+RQJ KDWWH GLH )lKLJNHLWHQ GD]X XP GHQ %DLNXODUHQ GLH HUVHKQWH)UHLKHLW]XEULQJHQ'LH5HJLHUXQJVFKZDPPDXIHLQHU]XZHLFKHQ:HOOHXQG ZDU GHPQDFK XQIlKLJ (U DOV &KHI GHU VFKODJNUlIWLJHQ 2UGQXQJVVRQGHUWUXSSH XQG 0DQFLQ+RQJ PLW VHLQHQ IQIKXQGHUW 0LOOLRQHQ IDQDWLVFKHQ $QKlQJHUQ NRQQWHQ HV VFKDIIHQ 6LHZDUHQGLHVWDUNHQ0lQQHUYRQ%DLNXODU .KDQ (ONR1KRU KRIIWH QXU GD HU EDOG GLH +LQWHUPlQQHU GHU 7HURULVWHQ ILQGHQ ZUGH GHQQ QXU VR NRQQWH HV LKP JHOLQJHQ GDV 6RODUH ,PSHULXP YRU GHU JDQ]HQ *DOD[LV ]X HQWODUYHQ 8QG GDQQ ZUGHQ VLFK DXFK GLH 3LRQLHUZHOWHQ GLH MHW]W QRFK ]|JHUWHQJHJHQ7HUUDHUKHEHQ ³8QGZLUZHUGHQVLHXQVYHUVFKDIIHQ´VFKULH0DQFLQ+RQJKHLVHU(UKDWWHGLH $UPH DEJHZLQNHOW XQG GLH +lQGH YRU GHU %UXVW ]X )lXVWHQ JHEDOOW ³'LH )UHLKHLW 'LH 8QDEKlQJLJNHLW8QGGLH6HOEVWEHVWLPPXQJXQVHUHU$XHQSROL´ (U EUDFK SO|W]OLFK DE XQG NUPPWH VLFK 6HLQH )lXVWH |IIQHWHQ VLFK GLH +lQGH YHUNUDOOWHQVLFKLQGHU%UXVW(UZDQGWHVLFKYRQGHQ0LNURSKRQHQDEXQGNDPZDQNHQG DXI(ONR1KRU]X 'HU26&KHIKDWWHVHLQH6WUDKOHQZDIIHJH]RJHQDEHUHUNRQQWHGHQ$WWHQWlWHU LQGHUZRJHQGHQXQEHUVHKEDUHQ0HQJHQLFKWILQGHQ,QRKQPlFKWLJHU:XWVFKRHU ]ZHL IOLHJHQGH .DPHUDV DE GLH 0DQFLQ+RQJ DXI ZHQLJH 0HWHU QDKH JHNRPPHQ ZDUHQXPGLHOHW]WHQ6HNXQGHQVHLQHV/HEHQVDXI]X]HLFKQHQ (ONR1KRU EUDFKWH GHQ NUDIWORVHQ 0DQFLQ+RQJ DQ %RUG GHV 6FKZHEHUV =ZHL $JHQWHQZDUHQLKPGDEHLEHKLOIOLFK6LHZDUHQUDWORV'LH0HQJHWREWHXQGVWUPWHGDV 3RGLXP ³6WDUWHQ´ EHIDKO (ONR1KRU GHP 3LORWHQ 8QG ]X GHQ 2UWXQJVVSH]LDOLVWHQ VDJWH HU ³6XFKW PLW HXUHQ *HUlWHQ GLH ZHVWOLFKH 7DOK|KH DE 9RQ GRUW PX GHU 6FKX JHNRPPHQVHLQ´ $OVHUVLFK0DQFLQ+RQJ]XZDQGWHZDUGLHVHUWRW 6DPRV5LGJRODUJDEGHQW|GOLFKHQ6FKXDXVGHPDOV .DPHUD JHWDUQWHQ 7R[L 1DGOHUDEVDKGXUFKGHQ6XFKHUQRFKZLH0DQFLQ+RQJ]XVDPPHQEUDFKXQGZDQGWH VLFK]XU)OXFKW %HYRU GLH 0LOOLRQHQ QRFK EHJULIIHQ ZDV SDVVLHUW ZDU EHYRU QRFK GLH 5LFKWXQJ EHVWLPPW ZHUGHQ NRQQWH DXV GHU GHU 6FKX NDP ZDU 5LGJRODU EHUHLWV LQ GHU 0HQJH XQWHUJHWDXFKW 1DFKKXQGHUW0HWHUQYHUODQJVDPWHHUVHLQHQ6FKULWWXQGVFKOHQGHUWHLQ5LFKWXQJ GHV*OHLWHUODQGHSODW]HV
%DLNXODU²:HOWGHV7HUURV
M
$WODQ
,Q]ZLVFKHQ KDWWH VLFK GLH 1DFKULFKW YRQ GHP $WWHQWDW DXI 0DQFLQ+RQJ KHUXPJHVSURFKHQXQGEUHLWHWHVLFKZHLWHUZLHHLQ/DXIIHXHUDXV hEHUDOO VFKDUWHQ VLFK GLVNXWLHUHQGH *UXSSHQ ]XVDPPHQ 26$JHQWHQ LQ =LYLO HLOWHQ PLW JH]FNWHQ :DIIHQ XPKHU QDKPHQ ZDKOORV 9HUKDIWXQJHQ XQG 'XUFKVXFKXQJHQYRQ9HUGlFKWLJHQYRU 5LGJRODUOLHVLFKQLFKWGDYRQHLQVFKFKWHUQXQGVHW]WHVHLQHQ:HJXQDXIIlOOLJ DEHU]LHOVWUHELJIRUW 3O|W]OLFK PHUNWH HU GD LKQ HLQLJH GHU 8PVWHKHQGHQ EHREDFKWHWHQ XQG DEZHFKVHOQGLQGHQ+LPPHOEHULKPVWDUUWHQ(UKREGHQ.RSIXQGVDKHLQHIOLHJHQGH )HUQVHKNDPHUDEHUVLFK 9HUGDPPW (U KDWWH GLHHV 6SUDXJH VFKRQ EHPHUNW DOV HU GHQ 7R[L1DGOHU PRQWLHUWHGHPDEHUNHLQH%HGHXWXQJEHLJHPHVVHQ -HW]W NRQQWH LKP GLHVHV YHUGDPPWH 'LQJ GDV LKP KDUWQlFNLJ DXI GHQ )HUVHQ EOLHE]XP9HUKlQJQLVZHUGHQ (U EHVFKOHXQLJWH VHLQHQ 6FKULWW 'LH )HUQVHKNDPHUD SDWH VLFK VHLQHU *HVFKZLQGLJNHLWDQ -HPDQG YRQ GHQ 8PVWHKHQGHQ PDFKWH HLQHQ 26$JHQWHQ DXI 5LGJRODU DXIPHUNVDP5LGJRODUEHJDQQ]XODXIHQ ³+DOW6WHKHQEOHLEHQ´ 5LGJRODU OLHI ZHLWHU .QDSS EHU VHLQHP .RSI KLQZHJ IDXFKWH HLQ (QHUJLHVWUDKO XQGYHUORUVLFKLQGHU)HUQH (UHUUHLFKWHGHQ3DUNSODW]6HLQ*OHLWHUZDUQXUQRFKKXQGHUW0HWHUHQWIHUQW(U PXWHLKQHUUHLFKHQRGHUDEHU/HEHQGGXUIWHHUVHLQHQ9HUIROJHUQQLFKWLQGLH+lQGH IDOOHQ (U ZXWH ]XYLHO (U ZDU QLFKW HLQHU YRQ MHQHQ XQ]lKOLJHQ 7HUURULVWHQ GLH PDQ DQZDUE HLQVHW]WH XQG GDQQ IDOOHQOLH (U ZDU HLQ ZLFKWLJHV %LQGHJOLHG ]XU $XIUXKU]HQWUDOH :HQQ HU (ONR1KRUV /HXWHQ LQ GLH +lQGH ILHO ZUGHQ VLH YLHOOHLFKW 0LWWHOXQG:HJHILQGHQDOOHV:LVVHQDXVLKPKHUDXV]XSUHVVHQ 5LGJRODUVFKOXJHLQLJH+DNHQUDQQWHNUHX]XQGTXHU]ZLVFKHQGHQDEJHVWHOOWHQ *OHLWHUQKLQGXUFK*OHLFKKDWWHHUHVJHVFKDIIW (LQ %OLFN ]XUFN 1XQ ZDUHQ LKP EHUHLWV GUHL 26$JHQWHQ DXI GHQ )HUVHQ 6LH ZDUHQLKPEHGURKOLFKQDKHJHNRPPHQDEHUHUERWLKQHQNHLQVLFKHUHV=LHO (UZUGHHVVFKDIIHQ (UEOLFNWHKLQDXV'LHIOLHJHQGH.DPHUDZDULPPHUQRFKEHULKP:HQQHUQXU HLQH ]ZHLWH :DIIH EHL VLFK JHKDEW KlWWH GDQQ KlWWH HU GDV 'LQJ DEVFKLHHQ N|QQHQ $EHUHUKDWWHGDUDXIYHU]LFKWHW(UZDU]XVHOEVWVLFKHUJHZHVHQ'DVUlFKWHVLFKMHW]W 1HLQHUKDWWHHVJHVFKDIIW (U UL GLH 7U VHLQHV *OHLWHUV DXI VWDUWHWH UROOWH HLQ 6WFN EHU GDV NXU]H /DQGHIHOGXQGKREVWHLOYRP%RGHQDE'HU*OHLWHUVFKRPLW+|FKVWEHVFKOHXQLJXQJLQ GLH+|KH'LH9HUIROJHUIHXHUWHQLKPQDFKWUDIHQ7HLOHGHU.DURVVHULHRKQHMHGRFKGHQ 0RWRURGHUZLFKWLJH6WHXHUHOHPHQWHGHV*OHLWHUV]XEHVFKlGLJHQ (UKlWWHGHQ*OHLWHU$EVWHOOSODW]HLQLJHKXQGHUW0HWHUKLQWHUVLFKJHODVVHQDOVHU PHUNWH GD LKP GUHL 26*OHLWHU IROJWHQ *OHLFK GDUDXI VDK HU HV LP +HFNELOGVFKLUP GUHLPDODXIEOLW]HQXQGYHUULJOHLFK]HLWLJGHQ*OHLWHU 'RFK VHOEVW GDV EOLW]VFKQHOOH $XVZHLFKPDQ|YHU UHWWHWH LKQ QLFKW PHKU 'LH 3DWURXLOOHQVFKLIIH GHFNWHQ LKQ I|UPOLFK PLW (QHUJLHVWUDKOHQ DXV LKUHQ VFKZHUHQ %RUGJHVFKW]HQHLQ(LQLJH6HNXQGHQODQJZDUGHU*OHLWHUYRQHLQHPJUHOOHQ)HXHUEDOO
%DLNXODU²:HOWGHV7HUURV
M
$WODQ
HLQJHKOOW$OVHULQVLFK]XVDPPHQILHO ZDUGHU*OHLWHUQXUQRFKHLQPDQ|YULHUXQIlKLJHV :UDFN 5LGJRODU KDWWH QXU QRFK HLQH 0|JOLFKNHLW XP GHP $EVWXU] XQG GDPLW GHP VLFKHUHQ 7RG ]X HQWJHKHQ 'D GDV +HFN GHV *OHLWHUV DOOH (QHUJLHWUHIIHU DEJHIDQJHQ KDWWH ZDU GHU %XJ SUDNWLVFK XQYHUVHKUW 8QG GRUW EHIDQGHQ VLFK GLH %UHPVGVHQ :HQQ VLH QRFK IXQNWLRQLHUWHQ GDQQ NRQQWH 5LGJRODU PLW LKQHQ GLH )OXJ XQG )DOOJHVFKZLQGLJNHLWGURVVHOQXQGHLQH1RWODQGXQJYHUVXFKHQ (UDNWLYLHUWHGLH%UHPVGVHQYLHO]XDEUXSW²XQGZXUGHPLWGHP.RSIJHJHQGLH %XJVFKHLEH JHVFKOHXGHUW 'HU $XISUDOO ZDU VR KHIWLJ GD HU EHLQDKH GLH %HVLQQXQJ YHUORU 7URW] VHLQHU %HQRPPHQKHLW ZDU 5LGJRODU JHLVWHVJHJHQZlUWLJ JHQXJ XP ZHLWHUKLQGLH%UHPVGVHQ]XEHWlWLJHQ(UNRQQWHVRJDUGLH%UHPVNUDIWGRVLHUHQGD GHU *OHLWHU DXI HLQH )HUQYHUNHKUVWUDH ]XIORJ GLH VLFK XQWHU LKP DOV EUHLWHV VFKQXUJHUDGHV%DQGGDKLQ]RJ 'HU *OHLWHU SUDOOWH ZXFKWLJ DXI GHP .XQVWVWRIIEHODJ DXI 5LGJRODU ZXUGH LQ GLH +|KH JHKREHQ YHUORU GHQ +DOW XQG ZXUGH DXV GHU .DELQH JHVFKOHXGHUW (U UROOWH GHQ 6WUDHQKDQJ KLQXQWHU XQG EOLHE DP 5DQGH HLQHV ]ZHL 0HWHU KRKHQ *HWUHLGHIHOGHV OLHJHQ (UZDUQRFKLPPHUEHL%HZXWVHLQ8QGHUHUNDQQWHVHLQH&KDQFH (U VFKOHSSWH VLFK ]ZDQ]LJ 0HWHU WLHI LQ GDV )HOG KLQHLQ GDQQ EUDFK HU ]XVDPPHQ $OV HU QDFK HLQLJHU =HLW GLH $XJHQ |IIQHWH VDK HU GLH IOLHJHQGH .DPHUD EHU VLFK VFKZHEHQ (U ZXWH +XQGHUWH 0LOOLRQHQ =XVFKDXHU VDKHQ LKQ LQ GLHVHP $XJHQEOLFNDXILKUHQ)HUQVHKVFKLUPHQ 8QGGDQQWDXFKWHHLQ]ZHLWHU)OXJN|USHUDXIGHUXPYLHOHVJU|HUZDU$QGHU $XIVFKULIW HUNDQQWH 5LGJRODU GD HV VLFK XP HLQHQ 6FKZHEHU GHU 2UGQXQJVVRQGHUWUXSSHKDQGHOWH 'HU 6FKZHEHU VHQNWH VLFK ODQJVDP KHUDE XQG EOLHE HLQHQ 0HWHU EHU GHP %RGHQLQGHU6FKZHEH'HU$XVVWLHJ|IIQHWHVLFKXQG26$JHQWHQVSUDQJHQKHUDXV .KDQ(ONR1KRUEHIDQGVLFKXQWHULKQHQ 5LGJRODUElXPWHVLFKQRFKHLQOHW]WHV0DODXI(UYHUVXFKWHVHLQHQ+lVFKHUQ]X HQWNRPPHQZHKUWHGLH+lQGHDEGLHVLFKLKPHQWJHJHQVWUHFNWHQVFKOXJXPVLFKXQG NRQQWH]ZHLGHU:LGHUVDFKHUQLHGHUVWUHFNHQ $EHUSO|W]OLFKULFKWHWHVLFKHLQVFKZHUHU7KHUPRVWUDKOHUDXILKQ(ONR1KRUKLHOW GLH:DIIH 5LGJRODU HUNDQQWH GD VHLQH OHW]WH 6WXQGH JHVFKODJHQ KDWWH QRFK EHYRU GLH W|GOLFKHQ6WUDKOHQGHQ/DXIYHUOLHHQXQGGDV/HEHQDXVVHLQHP.|USHUEUDQQWHQ 5LGJRODUZDUVFKRQWRWDOVVLFK.KDQ(ONR1KRUEHULKQEHXJWHXQGLKPGLH%LR 0DVNHYRP*HVLFKWUL 'HU26&KHIEOLFNWHLQGLH)HUQVHKNDPHUDXQGVDJWH ³(VZDUHLQ7HUUDQHUGHUGLHVHVDEVFKHXOLFKH9HUEUHFKHQEHJDQJHQKDW´
³$OVR GRFK 5LGJRODU´ VWHOOWH $GPLQLVWUDWRU 8WKHVNH GVWHU IHVW ³:DUXP VLQG HV LPPHUGLHEHVWHQXQGYHUWUDXHQVZUGLJVWHQ0lQQHUGLHDEWUQQLJZHUGHQ"´ ³+\SQRVH´ VWHOOWH 8620DMRU :DLNRY ODNRQLVFK IHVW $XI GHQ IUDJHQGHQ %OLFN GHV$GPLQLVWUDWRUVKLQIKUWHHUDXV
%DLNXODU²:HOWGHV7HUURV
M
$WODQ
³:LU KDEHQ YRQ GHU *&& HUIDKUHQ GD 5LGJRODU YRU GUHL 7DJHQ VSXUORV YHUVFKZDQG (U WDXFKWH HUVW KHXWH ZLHGHU DXI EUDFKWH HLQH IDGHQVFKHLQLJH (QWVFKXOGLJXQJ YRU XQG PHOGHWH VLFK ]XP 'LHQVW (V ZDU PLW DOOHQ 0lQQHUQ VR GLH VSlWHU DOV 6DERWHXUH RGHU $WWHQWlWHU HQWODUYW ZXUGHQ 6LH YHUVFKZDQGHQ IU ]ZHL ELV GUHL7DJHXQGZDUHQEHLLKUHU5FNNHKUYHUlQGHUW´ ³,FKNRQQWHEHL5LGJRODUNHLQH9HUlQGHUXQJIHVWVWHOOHQ´EHPHUNWH8WKHVNHGD]X ³(U ZDU QRFK YRU IQI 6WXQGHQ EHL PLU XQG EDW PLFK GLH /DQGHIRUPDOLWlWHQ IU VLHEHQ 7UDQVSRUWUDXPHU]XUHJHOQ(UKDWVLFKQLFKWDQGHUVYHUKDOWHQDOVVRQVW´ ³6DPRV5LGJRODUZDUHLQ6RQGHUIDOO´VDJWH0DMRU:DLNRY³:LUEHUSUIHQQRFK VHLQ9RUOHEHQ$EHUHVVFKHLQWGDHUVFKRQOlQJHUH=HLWIUGLH7HUURULVWHQJHDUEHLWHW KDWGLHLKUH9HUEUHFKHQGHP6RODUHQ,PSHULXPLQGLH6FKXKHVFKLHEHQZROOHQ(UKDWWH .RQWDNW]XHLQHP.DXIPDQQQDPHQV:HOO,WDQRGHUGHV:DIIHQVFKPXJJHOVYHUGlFKWLJW ZLUG/HLGHULVWHUIOFKWLJDEHUZLUVXFKHQQDFKLKP´ 2EHUVW5DWLHIIYHU]RJVS|WWLVFKGHQ0XQG(UKDWWHELVKHUVFKZHLJHQG]XJHK|UW MHW]WVDJWHHU ³:HQQ ,KUH 7KHRULH VWLPPW GD 5LGJRODU GHQ 7HUURULVWHQRUJDQLVDWLRQHQ VFKRQ ODQJH DQJHK|UWH GDQQ PXWH HU VFKRQ IUKHU K\SQRPHFKDQLVFK EHHLQIOXW VHLQ :LH HUNOlUHQ6LHVLFKGDQQDEHUVHLQ9HUVFKZLQGHQIUGUHL7DJH"´ ³*DQ] HLQIDFK´ DQWZRUWHWH 0DMRU :DLNRY ³(U PXWH VLFK QHXH ,QVWUXNWLRQHQ KROHQ ,FK ZHL GUHL 7DJH VLQG GDIU HLQH ODQJH =HLWVSDQQH GRFK OlW VLFK GDUDXV VFKOLHHQGDVLFKGLH=HQWUDOHGHU7HUURULVWHQQLFKWLQ%DLNXODU&LW\EHILQGHW6LHNDQQ DQ MHGHP EHOLHELJHQ 2UW YRQ %DLNXODU VHLQ ZDKUVFKHLQOLFK DEHU DXI GHU DQGHUHQ 6HLWH GHV3ODQHWHQ'DIUVSULFKWGDVGUHLWlJLJH9HUVFKZLQGHQ5LGJRODUVµ $GPLQLVWUDWRU 8WKHVNH VHXI]WH ³'HU QHXHVWH 9RUIDOO YHUVFKlUIW GLH /DJH 9RQ KHXWHDQNDQQNHLQ7HUUDQHUPHKUDXI%DLNXODUVHLQHV/HEHQVVLFKHUVHLQ,FKKRIIHGLH 6RODUH $EZHKU XQG GLH 862 WUHIIHQ HQWVSUHFKHQGH 6FKXW]PDQDKPHQ IU GLH EHWURIIHQHQ 3ULYDWSHUVRQHQ 8QG ZHOFKH 6FKULWWH KDEHQ 6LH XQWHUQRPPHQ XP GDV *UXQGEHOGLH7HUURUDNWLRQHQ]XEHVHLWLJHQ"´ ³:LU KDEHQ JHKDQGHOW´ VDJWHQ 0DMRU :DLNRY XQG 2EHUVW 5DWLHII ZLH DXV HLQHP 0XQG6LHVDKHQHLQDQGHUDQXQGOlFKHOWHQ:DLNRYGHXWHWH PLWHLQHU*HVWHDQGDHU VHLQHPUDQJK|KHUHQ.ROOHJHQYRQGHU6RO$EGDV:RUWEHUOLH 2EHUVW5DWLHIIHUNOlUWH ³,FKKDEHPLFKVRIRUWQDFKGHP$WWHQWDWDXI0DQFLQ+RQJ PLW 6RODUPDUVFKDOO $OODQ ' 0HUFDQW LQ 9HUELQGXQJ JHVHW]W (U JDE PLU YROONRPPHQH +DQGOXQJVIUHLKHLW XQG VWHOOWH LQ $XVVLFKW EHL HLQHU ZHLWHUHQ =XVSLW]XQJ GHU /DJH GDV 0XWDQWHQNRUSVDQ]XIRUGHUQ'RFKGDVNDQQQRFK:RFKHQGDXHUQGHQQGLH0XWDQWHQ VLQGRKQHKLQEHUODVWHW$XIYLHOHQ6LHGOXQJVZHOWHQGHV,PSHULXPVLVWGLH/DJHlKQOLFK ZLHDXI%DLNXODU(EHQVRZLHGLH0XWDQWHQVLQGDXFKGLH9HUElQGHGHU6RO$EXQGGHU 6RODUHQ )ORWWH XQDEN|PPOLFK :LU ZHUGHQ GDV 3UREOHP VFKRQ PLW MHQHQ .UlIWHQ LQ $QJULIIQHKPHQPVVHQGLHXQVKLHU]XU9HUIJXQJVWHKHQ´ ³'DPLW KDEHQ 6LH ELVKHU NHLQHQ (UIROJ HU]LHOW XQG ZHUGHQ HV DXFK LQ =XNXQIW QLFKWN|QQHQ´PHLQWH$GPLQLVWUDWRU8WKHVNH ³-HW]W EHVLW]H LFK DOOH 9ROOPDFKWHQ´ JDE 2EHUVW 5DWLHII ]X EHGHQNHQ ³$EHU YLHOOHLFKW KDEHQ 6LH QLFKW VR XQUHFKW +HUU $GPLQLVWUDWRU 8QVHU YRUGULQJOLFKVWHV 3UREOHP LVW HV GLH 7HUURULVWHQRUJDQLVDWLRQ DXV]XKHEHQ²XQG GDIU NRQQWHQ XQVHUH .UlIWHQLFKWDXVUHLFKHQ'HVKDOEZXUGHDXFKHLQ.XULHUVFKLIIPLWVlPWOLFKHQ8QWHUODJHQ ]XU(UGHJHVFKLFNW9LHOOHLFKWEHNRPPHQZLUGRFKQRFK9HUVWlUNXQJ$EHUHVJLEWDXFK
%DLNXODU²:HOWGHV7HUURV
M
$WODQ
QRFKHLQHDQGHUH0|JOLFKNHLW0DMRU:DLNRY"´ 'HU8620DMRUUlXVSHUWHVLFK´6HOEVWYHUVWlQGOLFKVHW]WHLFKPLFKQDFK0DQFLQ +RQJV (UPRUGXQJ VRIRUW PLW 4XLQWR&HQWHU LQ 9HUELQGXQJ ,FK KDEH YRQ /RUGDGPLUDO $WODQ HLQH lKQOLFKH $QWZRUW ZLH 2EHUVW 5DWLHII HUKDOWHQ (V EUHQQW EHUDOO LQ GHU *DOD[LV XQG GLH 862 GLH PDQ JHUQH DOV *DODNWLVFKH )HXHUZHKU EH]HLFKQHW KDW DOOH +lQGH YROO ]X WXQ XP GLH %UlQGH ]X O|VFKHQ $EHU LPPHUKLQ KDW /RUGDGPLUDO $WODQ HUNDQQWGDGLH%HGURKXQJGLHYRQ%DLNXODUDXVJHKWODQJVDP$OSKD6WXIHDQQLPPW -HGRFKZlUHHVQLFKWNOXJGLH862RIIL]LHOOXP+LOIH]XELWWHQ'DVN|QQWHGLH/DJHDXI %DLNXODU QXU QRFK YHUVFKlUIHQ 'HVKDOE KDW /RUGDGPLUDO $WODQ YRUJHVFKODJHQ HLQH QHXWUDOH0DFKWXP8QWHUVWW]XQJ]XELWWHQ´ $GPLQLVWUDWRU8WKHVNHPDFKWHHLQHZHJZHUIHQGH+DQGEHZHJXQJ³(VJLEWNHLQH QHXWUDOHQ 0lFKWH LQ GHU *DOD[LV $OOH 9|ONHU VLQG XQWHUHLQDQGHU GXUFK %QGQLVVH ]XVDPPHQJHVFKORVVHQ XQG LKUH (LQPLVFKXQJ LQ GLH 3ROLWLN YRQ¶ %DLNXODU ZUGH GLH 6LWXDWLRQQXUQRFKNRPSOL]LHUHQ$QZHOFKHV9RONKDEHQ6LHGHQQJHGDFKW"´ 0DMRU :DLNRY OlFKHOWH JHGXOGLJ ³,FK VSUDFK YRQ HLQHU 0DFKW QLFKW YRQ HLQHP 9RON (V JLEW HLQH SULYDWH ,QVWLWXWLRQ GLH VLFK GHU 9RUIlOOH DXI %DLNXODU DQQHKPHQ N|QQWHRKQHGDGXUFKSROLWLVFKH.RPSOLNDWLRQHQKHUEHL]XIKUHQ´ 8WKHVNHV$XJHQZXUGHQJUR ³6LH GHQNHQ GRFK QLFKW HWZD DQ GLH 8QDEKlQJLJH +LOIVLQVWLWXWLRQ IU %HGUlQJWH 'LHVH 2UJDQLVDWLRQ KDW HLQHQ PHKU DOV ]ZHLIHOKDIWHQ 5XI (V N|QQWH PLFK PHLQH GLSORPDWLVFKH /DXIEDKQ NRVWHQ ZHQQ LFK GLHVHQ +DXIHQ YRQ $EHQWHXUHUQ QDFK %DLNXODUULHIH6LHZLVVHUQZHUVLHOHLWHW´ ³,FK ZHL QXU GD GLH 8+% GDV HUIROJUHLFKVWH 3ULYDWXQWHUQHKPHQ IU GLH $XINOlUXQJ YRQ 9HUEUHFKHQ MHGHU *U|HQRUGQXQJ LVW¶ HQWJHJQHWH 0DMRU :DLNRY ³hEULJHQVVWDPPWGHU9RUVFKODJQLFKWYRQPLUVRQGHUQYRP&KHIGHU862VHOEVW8QG QLHPDQG VDJW GD 6LH GLH 8+% ]X +LOIH UXIHQ VROOHQ LP *HJHQWHLO GDYRQ ZLUG VRJDU GULQJHQG DEJHUDWHQ 'LH %DLNXODUHQ VHOEVW VROOHQ HV WXQ XQG HV PVVHQ VFKRQ ]DKOXQJVNUlIWLJH/HXWHVHLQGHQQGLH8+%VWHOOWKRUUHQGH+RQRUDUIRUGHUXQJHQ´ ³:HUZLUGVLFKVFKRQYRQGHU8+%PHONHQODVVHQ"´ ³:HU IRUGHUW YRQ ,KQHQ DP KDUWQlFNLJVWHQ 6FKXW] +HUU $GPLQLVWUDWRU" :HU HUOHLGHWGXUFKGLH7HUURULVWHQGHQJU|WHQ6FKDGHQ"´ ³8PQXUHLQHQ1DPHQ]XQHQQHQ²*XDODSD5XQGD´DQWZRUWHWH8WKHVNH³$EHU VHOEVWYHUVWlQGOLFK VLQG DOOH *URLQGXVWULHOOHQ XQG .RQ]HUQERVVH JOHLFKHUPDHQ EHWURIIHQ´ ³(EHQ´ VWLPPWH 0DMRU :DLNRY ]X ³'DQQ OHJHQ 6LH GHP &ODQ GHU 0LOOLDUGlUH QDKHGDKLHUQXUGLH8+%KHOIHQNDQQ´
*XDODSD 5XQGDV +lQGH ]LWWHUWHQ DOV HU GHQ %HULFKW EHU GLH OHW]WHQ 6DERWDJHDNWHEHLVHLWHOHJWH 'HU 5DQD6KLND.RQ]HUQ PXWH KXQGHUW %DXPDVFKLQHQ YHUVFKURWWHQ ZHLO VLFK EHLPOHW]WHQHQWVFKHLGHQGHQ7HVWYRU9HUODVVHQGHV)OLHEDQGHVKHUDXVVWHOOWHGDIU GLH ZLFKWLJVWHQ )XQNWLRQVWHLOH HLQH PLQGHUZHUWLJH 0HWDOOHJLHUXQJ YHUZHQGHW ZRUGHQ ZDU 'HU /HLWHQGH ,QJHQLHXU HLQ 7HUUDQHU ZDU YHUKDIWHW ZRUGHQ XQG KDWWH EHUHLWV HLQ YROOHV*HVWlQGQLVDEJHOHJW'DUDXVJLQJKHUYRUGDGLH7HUURULVWHQIUGLHVH6DERWDJH
%DLNXODU²:HOWGHV7HUURV
M
$WODQ
YHUDQWZRUWOLFKZDUHQ 'LH+LXQJ3RVLWURQLF&RPSDQ\KDWWHEHLHLQHP%RPEHQDQVFKODJGHU7HUURULVWHQ HLQ/DJHUPLWGUHLKXQGHUWKDOEIHUWLJHQ$UEHLWVURERWHUQYHUORUHQ'UHLGHU7lWHUHEHQIDOOV 7HUUDQHUZDUHQDXIGHU)OXFKWHUVFKRVVHQZRUGHQ 8QGHUVHOEVW*XDODSD5XQGDKDWWHYRUZHQLJHQ6WXQGHQHLQH:HUIWYHUORUHQ DOV SO|W]OLFK GLH 0RWRUHQ YRQ GUHL IHUWLJJHVWHOOWHQ /X[XVUDXPHUQ H[SORGLHUWHQ 'HU 6FKDGHQ ZXUGH DXI PLQGHVWHQV KXQGHUW 0LOOLRQHQ JHVFKlW]W )QI KRFKTXDOLIL]LHUWH 7HFKQLNHUKDWWHQGDV/HEHQYHUORUHQ 'LHVHU9HUOXVWWUDI5XQGDGHVKDOEVRKDUWZHLOJXWH7HFKQLNHUDXI%DLNXODUNDXP PHKU]XEHVFKDIIHQZDUHQ=XPDQGHUHQZDUGHUHQWVWDQGHQH6FKlGHQQLFKWJHGHFNW 'LH 9HUVLFKHUXQJ KDWWH GHQ 9HUWUDJ VFKRQ YRU HLQHP 0RQDW JHNQGLJW DOV VLFK GLH $QVFKOlJHDXIGLH5XQGD5HHGHUHLLPPHUPHKUKlXIWHQ :HQQGDVVRZHLWHUJLQJVWDQG*XDODSD5XQGDEDOGYRUGHP5XLQ (VPXWHHWZDVJHVFKHKHQ8QG]ZDUVFKQHOOVWHQV 5XQGD OLH VLFK PLW GHU WHUUDQLVFKHQ $GPLQLVWUDWLRQ YHUELQGHQ XQG YHUODQJWH 5RQRU 8WKHVNH ]X VSUHFKHQ (U WUXJ GHP $GPLQLVWUDWRU GLH MQJVWHQ 9RUIlOOH YRU XQG VFKORPLWVFKQHLGHQGHU6WLPPH ³6LH PVVHQ VRIRUW HWZDV ]XP 6FKXW] GHU ,QGXVWULH XQWHUQHKPHQ :HQQ GLH 6DERWDJHDNWH LQ GLHVHU )RUP ZHLWHUJHKHQ GDQQ EHGHXWHW GDV GDV (QGH IU GLH :LUWVFKDIW YRQ %DLNXODU )RUGHUQ 6LH PHLQHWZHJHQ 7UXSSHQ GHU 6RODUHQ $EZHKU DQ DEHU WXQ 6LH HWZDV :LU %DLNXODUHQ VLQG 6WHXHU]DKOHU XQG %UJHU GHV 6RODUHQ ,PSHULXPV:HQQPDQXQVVFKRQVWlQGLJDQXQVHUH3IOLFKWHQHULQQHUWSRFKHQZLUDXFK DXIXQVHUH5HFKWH7XQ6LHHQGOLFKHWZDVVRQVWJUHLIHQZLU]XU6HOEVWKLOIH´ ³'DVVROOWHQ6LHWXQ´ULHW5RQRU8WKHVNH ³:DV"´ 'DV *HVLFKW GHV $GPLQLVWUDWRUV EOLFNWH EHGDXHUQG YRP %LOGVFKLUP GHV 9LVLSKRQV ³%HLGHUDXJHQEOLFNOLFKHQSROLWLVFKHQ6SDQQXQJNDQQGDV6RODUH,PSHULXPQLFKW PLWPLOLWlULVFKHQ0LWWHOQLQWHUYHQLHUHQ´HUNOlUWHHU³-HGHPLOLWlULVFKH$NWLRQYRQXQVHUHU 6HLWHN|QQWHHLQHQ%UJHUNULHJDXVO|VHQ8QVVLQGGLH+lQGHJHEXQGHQ'HVKDOEZlUH HV YLHOOHLFKW ZLUNOLFK GDV .OJVWH ZHQQ 6LH ]XU 6HOEVWKLOIH JULIIHQ =LHKHQ 6LH HLQH QHXWUDOH SULYDWH ,QVWLWXWLRQ ]XU 8QWHUVWW]XQJ KHUDQ 'DV HUVSDUW XQV SROLWLVFKH 9HUZLFNOXQJHQXQGZUGHXQZDKUVFKHLQOLFKUDVFKHU]XHLQHP(UIROJIKUHQ´ ³6LHJHVWHKHQGDPLWHLQGD6LHQLFKWLQGHU/DJHVLQGGLH6LWXDWLRQLQGHQ*ULII ]XEHNRPPHQ´ULHI5XQGDXQEHKHUUVFKW ³,FK VDJH GDPLW QXU GD GLH %DLNXODUHQ VHOEVW XQV GDUDQ KLQGHUQ LKQHQ ]X KHOIHQ´ EHULFKWLJWH GHU $GPLQLVWUDWRU 0LW IHVWHU 6WLPPH IJWH HU KLQ]X ³$EHU VHOEVWYHUVWlQGOLFK ZHUGHQ ZLU YHUVXFKHQ GLH ,QGXVWULH YRQ %DLNXODU PLW DOOHQ XQV ]XU 9HUIJXQJ VWHKHQGHQ .UlIWHQ ]X VFKW]HQ 'DUDXI JHEH LFK ,KQHQ PHLQ :RUW 9HUJHVVHQ 6LH EHVVHU PHLQHQ DQGHUHQ 9RUVFKODJ HU IKUW ZDKUVFKHLQOLFK GRFK ]X QLFKWV 'LH 8+% KDW ]ZDU VFKRQ HLQLJH EHDFKWHQVZHUWH (UIROJH HU]LHOW DEHU GDV KLHU GUIWHHLQ]XKDUWHU%URFNHQIUVLHVHLQ´ 1DFKGHPGDV*HVSUlFKEHHQGHWZDUEUWHWH*XDODSD5XQGDODQJH=HLWYRUVLFK KLQ,QVHLQHP*HKLUQQDKPHLQH,GHHLPPHUPHKU*HVWDOWDQ6LHUHVXOWLHUWHDXVHLQHU VLPSOHQ*HGDQNHQDVVR]LDWLRQ 6HOEVWKLOIH²8QDEKlQJLJH+LOIVLQVWLWXWLRQIU%HGUlQJWH
%DLNXODU²:HOWGHV7HUURV
M
$WODQ
$OV VHLQ (QWVFKOX VFKOLHOLFK IHVWVWDQG KDWWH HU VFKRQ YHUJHVVHQ GD $GPLQLVWUDWRU5RQRU8WKHVNHGHQ$QVWRGDIUJHJHEHQKDWWH *XDODSD 5XQGD VHW]WH VLFK XPJHKHQG PLW GHQ DQGHUHQ 0LWJOLHGHUQ GHV &ODQV GHU0LOOLDUGlUHLQ9HUELQGXQJ 'LH NOHLQH URWH 6RQQH GLH DQ GHU *UHQ]H GHV LQQHUHQ =HQWUXPVULQJHV GHU *DOD[LV ODJ ZXUGH LQ DOOHQ 6WDQGDUG6WHUQNDWDORJHQ XQWHU HLQHU 1XPPHU JHIKUW 1XU (LQJHZHLKWH ZXWHQ GD VLH GHQ 1DPHQ 6WDUWHN WUXJ XQG YRQ PHKU RGHU ZHQLJHU JURHQ 3ODQHWRLGHQ XPNUHLVW ZXUGH GLH LP /DXIH GHU -DKUPLOOLRQHQ HLQJHIDQJHQ ZXUGHQXQGGDGHUJU|WHGHU3ODQHWRLGHQGLH%H]HLFKQXQJ6DWLVI\WUXJ 8QG GRUW DXI 6DWLVI\ ODJ GLH =HQWUDOH GHU 8QDEKlQJLJHQ +LOIVLQVWLWXWLRQ IU %HGUlQJWH 'LH *5$&()8/ )$7 6+(%$ KDWWH GLH /LFKWMDKUH YRP 2IIURQQHU6\VWHP GHVVHQYLHUWHU3ODQHW%DLNXODUZDULQLQVJHVDPWGUHL/LQHDUHWDSSHQ]XUFNJHOHJW-HW]W VXFKWHVLHVLFKLKUHQ:HJ]ZLVFKHQGHQ3ODQHWRLGHQ]X6DWLVI\ $OV VLH QXU QRFK .LORPHWHU YRQ GHP HLI|UPLJHQ +LPPHOVN|USHU HQWIHUQW ZDU GHVVHQ JU|WHU 'XUFKPHVVHU .LORPHWHU EHWUXJ HQWVSDQQ VLFK HLQ NXU]HU )XQNYHUNHKU *XDODSD 5XQGD GHU .RPPDQGDQW GHU 6+(%$ HUVXFKWH XP /DQGHHUODXEQLV² XQG EHNDP VLH SURPSW .HLQH )UDJHQ QDFK GHU +HUNXQIW GHV 6FKLIIHV XQG GHP *UXQG GHV%HVXFKHVZXUGHQJHVWHOOW'DVLUULWLHUWH5XQGDXQGHUIUDJWHVLFKHUKHLWVKDOEHUQRFK HLQPDO EHL GHU %RGHQVWDWLRQ YRQ 6DWLVI\ DQ RE GLH =ROOIRUPDOLWlWHQ XQG 3DNRQWUROOHQ QRFKLPIUHLHQ5DXPRGHUHUVWQDFKGHU/DQGXQJYRUJHQRPPHQZUGHQ 'LH$QWZRUWODXWHWH ³9RUHUVWLVWMHGHUPDQQDXI6DWLVI\ZLOONRPPHQ:LUKDQGHOQ QDFK GHP 0RWWR 9HUWUDXHQ JHJHQ 9HUWUDXHQ¶ XQG YHU]LFKWHQ GHVKDOE DXI MHGH $UW YRQ .RQWUROOHQ´ 'LH *5$&()8/ )$7 6+(%$ IROJWH GHP )XQNIHXHU GHU %RGHQVWDWLRQ XQG JLQJ VFKOLHOLFK DXI HLQHU ZHLWHQ *HU|OOHEHQH DP )XH HLQHU 0HWHU KRKHQ %HUJNHWWH KLQXQWHU ,Q GHU *HU|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|W]OLFK DXIWDXFKHQGH 5RERWHU EUDFKWHQ HQWVSUHFKHQGH $GDSWLRQVULQJH DQ XQG YHUEDQGHQ GLH *DQJZD\ PLW GHU 6FKOHXVH GHU 6+(%$ $OV*XDODSD5XQGDGDV6FKLIIPLWVHLQHQEHLGHQ%HJOHLWHUQ'H+LQQJXQG5DQD 6KLND GXUFK GHQ 9HUELQGXQJVVFKODXFK YHUOLH XQG LQ HLQHQ XQWHU GHP 5DXPKDIHQ OLHJHQGHQ.RUULGRUNDPZXUGHQVLHYRQHLQHP(SVDOHUHUZDUWHW
%DLNXODU²:HOWGHV7HUURV
M
$WODQ
(UKDWWHHLQHQ.DKONRSIXQGHLQHQURVWURWHQ%DUWGHU]XYLHU=|SIHQJHIORFKWHQ ZDUXQGLKPELVLQ1DEHOK|KHKLQXQWHUUHLFKWH ³0HLQ 1DPH LVW +DWNRU 0RURPDW´ VWHOOWH HU VLFK PLW YHUEOIIHQG ZRKONOLQJHQGHU 6WLPPHYRU6HLQH$XJHQPXVWHUWHQGDEHLGLHGUHL0lQQHUXQDXIIlOOLJ³,FKP|FKWH6LH LQPHLQHU(LJHQVFKDIWDOV3ROL]HLFKHIDXI6DWLVI\ZLOONRPPHQKHLHQ´ 'H+LQQJHLQNOHLQHU]LHUOLFKHU0DQQGHUYRQGHQ6GLQVHOQ7HUUDVDEVWDPPWH UXQ]HOWHGLH6WLUQ ³(LQ3ROL]HLFKHIRKQH8QLIRUP"´ZXQGHUWHHUVLFK 'HU (SVDOHU OlFKHOWH ³$XI 6DWLVI\ NHQQHQ ZLU NHLQH 8QLIRUPHQ :LU KDEHQ EHUKDXSWLQYHUVFKLHGHQHQ'LQJHQHLJHQH$QVLFKWHQXQGVHOEVWGHU%HJULII3ROL]HLKDW EHLXQVHLQHDQGHUH%HGHXWXQJDOVVRQVWZR´(U]ZLQNHUWH'H+LQQJ]X³:LUVLQGQLFKW GD]XGD9HUEUHFKHQ]XDKQGHQGLHLQGHU*DOD[LVEHJDQJHQZRUGHQVLQG´ 'H +LQQJ YHUVWHLIWH VLFK ³:LU EHILQGHQ XQV QLFKW DXI GHU )OXFKW VRQGHUQ VLQG JHNRPPHQ XP GLH 'LHQVWH GHU 8QDEKlQJLJHQ +LOIVLQVWLWXWLRQ IU %HGUlQJWH LQ $QVSUXFK]XQHKPHQ²YLHOOHLFKW´ ³'DV IUHXW PLFK´ VDJWH GHU (SVDOHU ³6HLHQ 6LH JHZL GD 6LH GLHVHQ 3ODQHWRLGHQ HUOHLFKWHUW YHUODVVHQ ZHUGHQ²XQG ZHQQ ZLU 6LH XP HLQLJH 0LOOLRQHQ HUOHLFKWHUQ´ ³'DVLVWDEHUHLQHVHOWVDPH$UWYRQ+XPRU´PXUPHOWH5DQD6KLNDEHWURIIHQ ³6WLPPW ZLU VLQG VHOEVW LQ 6DFKHQ +XPRU HWZDV HLJHQ´ EHVWlWLJWH GHU (SVDOHU ³$EHUGDVVROOWH6LHQLFKWGDYRQDEKDOWHQ,KUHQ$XIHQWKDOWDXI6DWLVI\]XJHQLHHQ:LU ELHWHQHLQH9LHO]DKOYRQ0|JOLFKNHLWHQGHV$PVHPHQWV)ROJHQ6LHPLUMHW]WELWWH´ 6LH EHVWLHJHQ HLQ KRUL]RQWDO YHUODXIHQGHV )|UGHUEDQG GDV GXUFK HLQHQ EUHLWHQ .RUULGRU YHUOLHI 2EZRKO LQ GHQ VXESODQHWDUHQ $QODJHQ QLFKW YLHO %HWULHE KHUUVFKWH EHJHJQHWHQVLHHLQLJHQ9HUWUHWHUQQLFKWPHQVFKOLFKHU9|ONHU 'DV)|UGHUEDQGIROJWHHLQHP5LFKWXQJVSIHLOPLWGHU$XIVFKULIW.833(/,, ³,FKQHKPHDQLQ.XSSHO]ZHLEHILQGHQVLFKGLH+RWHOV´VDJWH*XDODSD5XQGD 'HU(SVDOHUQLFNWH³8QGGLH9HUJQJXQJVVWlWWHQ´ ³:DVEHILQGHWVLFKGDQQLQ.XSSHOHLQVXQGGUHL"´IUDJWH5XQGD ³'HU 9HUZDOWXQJVDSSDUDW GLH /DJHUUlXPH HLQHVWHLOV XQG ]XP DQGHUHQ 6DQDWRULHQXQGDQGHUH(UKROXQJVVWlWWHQ´DQWZRUWHWH+DWNRU0RURPDW³6LHEHNRPPHQ QRFKHLQHQ3ODQLQGHPDOOH$QODJHQGHUGUHL.XSSHOQJHQDXHLQJH]HLFKQHWVLQG´ ³$OOH"´IUDJWH'H+LQQJ ³$XI6DWLVI\JLEWHVNHLQH*HKHLPVWDWLRQHQZHQQ6LHGDVPHLQHQ´VDJWH+DWNRU 0RURPDW 'LH GUHL %DLNXODUHQ ZDUIHQ VLFK EH]HLFKQHQGH %OLFNH ]X %HYRU VLH DP 1RYHPEHU QDFK 6DWLVI\ DXIJHEURFKHQ ZDUHQ KDWWHQ VLH YRUKHU QRFK (UNXQGLJXQJHQ EHU GLH 8+% HLQJHKROW $XHU HLQHU HOOHQODQJHQ (UIROJVOLVWH KDWWHQ VLH DXFK QRFK HLQLJH*HKHLPWLSVHUKDOWHQ6R]XP%HLVSLHOGDHVJHKHLPH5RERW$EZHKUIRUWVJDE $P(QGHGHV.RUULGRUVDQJHODQJWIXKUHQVLHLQHLQHP$QWLJUDYOLIW]XU2EHUIOlFKH KLQDXI 6LH NDPHQ LP 0LWWHOSXQNW GHV .XSSHOEDXHV KHUDXV XQG IDQGHQ VLFK LQ HLQHP JUR]JLJ DQJHOHJWHQ 3DUN ZLHGHU GHU YRQ HLQHU 5HLKH YRQ 3UDFKWEDXWHQ GHU YHUVFKLHGHQVWHQ 6WLOULFKWXQJHQ XPJHEHQ ZDU (LQLJH +RFKKlXVHU UHLFKWHQ ELV NQDSS XQWHU GLH IQIKXQGHUW 0HWHU KRKH .XSSHO KLQDXI DQGHUH VWUHFNWHQ VLFK ]ZLVFKHQ GHQ 3DUNDQODJHQGDKLQ
%DLNXODU²:HOWGHV7HUURV
M
$WODQ
(V JDE DXFK HLQHQ NQVWOLFK DQJHOHJWHQ 7HLFK DXV GHP ]XU +lOIWH +lXVHU IU $PSKLELRVUDJWHQ)UGLH3HUVRQHQEHI|UGHUXQJZDUHQ7UDQVSRUWElQGHUXQG6FKZHEHU YHUVFKLHGHQVWHU *U|HQ XQG $XVVWDWWXQJ YRUJHVHKHQ $EHU DXI EHVRQGHUHQ :XQVFK ZXUGHQHLQHPDXFKH[RWLVFKH5HLWWLHUHXQGDOWHUWPOLFKH.DURVVHQPLWYRUJHVSDQQWHQ =XJWLHUHQ]XU9HUIJXQJJHVWHOOW ,Q .XSSHO ]ZHL KHUUVFKWH HLQ EXQWHV 7UHLEHQ GLH 0|JOLFKNHLWHQ VFKLHQHQ XQEHJUHQ]WXQGGLH(UIOOXQJDOOHU:QVFKHJDUDQWLHUW]XVHLQ 'LHGUHL%DLNXODUHQOLHHQVLFK]XLKUHP+RWHOEULQJHQ(VKLH³$SKURGLWH´ODJ DP 5DQGH GHV SSLJHQ 3DUNV XQG ZDU PLW VHLQHQ KXQGHUW (WDJHQ GDV K|FKVWH *HElXGHLQ.XSSHO]ZHL 1DFKGHP GHU 3ROL]HLFKHI YHUVLFKHUW KDWWH GD PDQ GDV *HSlFN VFKQHOOVWHQV QDFKEULQJHQ ZUGH ZROOWH HU VLH GHP +RWHOSHUVRQDO EHUODVVHQ XQG VLFK VHOEVW ]XUFN]LHKHQ *XDODSD5XQGDKLHOWGHQ(SVDOHU]XUFN ³:LUKDEHQQLFKWYRUXQVHUHZHUWYROOH=HLWPLW1LFKWVWXQ]XYHUJHXGHQVRQGHUQ HUZDUWHQLQVDJHQZLUYLHU6WXQGHQHLQHQ%HYROOPlFKWLJWHQGHU8+%:LUKDEHQHLQHQ $XIWUDJEHLGHPHVXP/HEHQXQG7RGJHKWMHGH6WXQGHLVWZHUWYROO'HVKDOEZROOHQ ZLU VFKQHOO ]X HLQHP (UJHEQLV NRPPHQ 9LHOOHLFKW JHODQJHQ ZLU DXFK ]X GHP 6FKOX GDGLH8+%IUGLHVHQ$XIWUDJQLFKWLQ)UDJHNRPPWXQGZLUXQVQDFKHLQHUDQGHUHQ 2UJDQLVDWLRQ XPVFKDXHQ PVVHQ $OVR LQ YLHU 6WXQGHQ DXI PHLQHP =LPPHU ,VW GDV NOlU"´ ³1HLQ´ VDJWH GHU (SVDOHU ³'HU 7HUPLQ GUIWH LQ 2UGQXQJ JHKHQ DEHU GHU 7UHIISXQNWQLFKW:HQQHVVLFKWDWVlFKOLFKXPHLQHQGLFNHQ%URFNHQKDQGHOWGDQQZLUG HU SHUV|QOLFK PLW ,KQHQ YHUKDQGHOQ $EHU GDQQ PVVHQ 6LH VFKRQ ]X LKP NRPPHQ $QGHUQIDOOVN|QQHQ6LHJOHLFKZLHGHUDEUHLVHQ´ *XDODSD5XQGDVFKQDSSWHQDFK/XIW(UUDQJHLQH:HLOHPLWVLFKGRFKGDQQJDE HU VFKOLHOLFK QDFK ,KP EOLHE NHLQH DQGHUH :DKO GHQQ LPPHUKLQ ZROOWH HU QLFKW IDVW YLHUWDXVHQG/LFKWMDKUHYROONRPPHQXPVRQVW]XUFNJHOHJWKDEHQ ³(LQHUPHLQHU/HXWHZLUG6LHUHFKW]HLWLJYRP+RWHODEKROHQ´YHUVLFKHUWH+DWNRU 0RURPDWXQGYHUDEVFKLHGHWHVLFK
'HU 7UHIISXQNW ZDU HLQ ULHVLJHV %UR LQ GHQ 8+%9HUZDOWXQJVJHElXGHQ GHU .XSSHO , 'HU 5DXP ZDU K\SHUPRGHUQ HLQJHULFKWHW XQG PLW DOOHQ WHFKQLVFKHQ 5DIILQHVVHQ DXVJHVWDWWHW JHVFKLFNW DQJHRUGQHWH SHUV|QOLFKH *HJHQVWlQGH YHUOLHKHQ LKPMHQH:lUPHGLHPDQVRQVWLQ%URVYHUPLWH 'HU 6FKUHLEWLVFK KLQWHU GHP HU VD lKQHOWH HLQHP .RPPDQGRSXOW 'LH %HVXFKHUVHVVHO ZDUHQ IOXRUHV]LHUHQGH .OXPSHQ GLH VLFK MHGHU .|USHUIRUP DQSDWHQ XQG HLQ DQJHQHKPHV 6LW]JHIKO YHUPLWWHOWHQ 9RU MHGHP GHU ]HKQ 6HVVHO ZDU HLQH .RQVROH PLW HLQHU 6FKUHLEIOlFKH HLQHP 1DKUXQJV XQG *HWUlQNHVSHQGHU PLW HLQJHEDXWHP/HVHJHUlW.OHLQFRPSXWHUXQG%LOGVSUHFKJHUlW'DV9LHO]ZHFNSXOWNRQQWH EHL%HGDUILP%RGHQYHUVHQNWZHUGHQ 1DFKGHPVLHHLQDQGHUYRUJHVWHOOWKDWWHQVDJWH*XDODSD5XQGD ³6LHVHKHQLKP WDWVlFKOLFKYHUEOIIHQGlKQOLFK´ ³:HP"´IUDJWHGHU&KHIGHU8+%
%DLNXODU²:HOWGHV7HUURV
M
$WODQ
³5RQDOG7HNHQHU´ 'HU&KHIGHU8+%]HLJWHVLFKDPVLHUW ³,FKELQ5RQDOG7HNHQHU´ *XDODSD 5XQGD OlFKHOWH HEHQIDOOV ³5RQDOG 7HNHQHU ZDU YRU HWZD YLHUKXQGHUWXQGGUHLLJ -DKUHQ HLQH EHNDQQWH *HVWDOW ,Q]ZLVFKHQ GUIWH HU ZRKO JHVWRUEHQ VHLQ ,FK KDEH )RWRV DXV GLHVHU =HLW JHVHKHQ :LH JHVDJW 6LH VHKHQ LKP YHUEOIIHQGlKQOLFK´ ³'DQNH´VDJWHGHU&KHIGHU8+%QRFKLPPHUDPVLHUW³$EHULVWGDVIUXQVHUH %HVSUHFKXQJWDWVlFKOLFKYRQ%HGHXWXQJ",FKKRUWHGD6LHLQHLQHU$QJHOHJHQKHLWDXI /HEHQXQG7RGJHNRPPHQVLQG´ *XDODSD5XQGDPDFKWHHLQHEHVFKZLFKWLJHQGH+DQGEHZHJXQJ ³*HVWDWWHQ 6LH PLU GLHVH NOHLQH (LQOHLWXQJ 6LH VROO ,KQHQ ]HLJHQ GD ZLU QLFKW XQYRUEHUHLWHWJHNRPPHQVLQG´ (UEHXJWHVLFKEHUGDV9LHO]ZHFNSXOWXQGEOlWWHUWHLQVHLQHQ8QWHUODJHQ'DQQ ]lKOWHHUDXI ³6LHVLQGHLQ8UHQNHOGHVOHJHQGlUHQ5RQDOG7HNHQHUXQGKDEHQLKQVFKRQYRQ -XJHQG DQ DOV ,KU ,GRO EHWUDFKWHW ,KUH 9HUHKUXQJ XQG GHU :XQVFK LKP QDFK]XHLIHUQ JLQJHQVRZHLWGDVLHGHQ3ODQHWHQ/DVKDWDXIVXFKWHQ6LHKDEHQGLH/DVKDW3RFNHQ EHUOHEWXQGVLFKDXI/DVKDW,KU9HUP|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lQJHUWXP XQWHU %HZHLV ]X VWHOOHQ XQG QRFK 8QVXPPHQ GDIU ]X NDVVLHUHQ:LH,KUEHUKPWHU9RUIDKU´ ³,FK ZHUGH LKQ DQ %HUKPWKHLW EHUWUHIIHQ´ EHKDXSWHWH GHU 0DQQ PLW GHQ /DVKDW3RFNHQ GHU VLFK 5RQDOG 7HNHQHU QDQQWH (U KRE IUDJHQG GLH $XJHQEUDXHQ ³6LQG6LHIHUWLJ" *XDODSD 5XQGD QLFNWH ³,FK P|FKWH QXU QRFK GHQ 9HUVXFK HLQHU $QDO\VH XQWHUQHKPHQ0HLQH)UDJH :DUXPWXQ6LHDOOGDV"1XUZHLO6LH,KUHPJURHQ$KQHQ QDFKHLIHUQZROOHQZHLOGDV6SLHOPLWGHU*HIDKU6LHUHL]WRGHUHLQIDFKXPYLHO*HOG]X PDFKHQ"´ ³9LHOOHLFKWVWLPPWDOOHV]XVDPPHQYLHOOHLFKWKDEHLFKQRFKHLQLJH*UQGHPHKU´ VDJWHGHU&KHIGHU8+%DXVZHLFKHQG³:DVNPPHUW6LHGDV"´ ³:HLOHVYRQ,KUHU$QWZRUWDEKlQJWREZLU,KQHQGHQ$XIWUDJJHEHQ´DQWZRUWHWH *XDODSD5XQGD³'HQQZHQQ6LHQXUDXI3URILWDXVVLQGXQGQLFKWDXVPRUDOLVFKHQXQG HWKLVFKHQ*UQGHQGHQ%HGUlQJWHQKHOIHQZROOHQVLQG6LHQLFKWXQVHU0DQQ´ ³6LH VROOWHQ VLFK DQ GLH +HLOVDUPHH ZHQGHQ QLFKW DQ HLQ NRPPHU]LHOOHV 8QWHUQHKPHQ ZLH GLH 8+%´ VDJWH GHU 0DQQ GHU VLFK 5RQDOG 7HNHQHU QDQQWH ³$EHU EHYRU6LHJHKHQZLOOLFK,KQHQQRFKHWZDV]HLJHQXQG,KQHQGDQQHLQ$EVFKOXZRUWPLW DXIGHQ:HJJHEHQ´ 'HU &KHI GHU 8+% GUFNWH HLQLJH 7DVWHQ DQ VHLQHP 3XOW 'LH JURHQ 3DQRUDPDVFKHLEHQ GHU )HQVWHU YHUGXQNHOWHQ VLFK $XI GHU GHP 6FKUHLEWLVFK JHJHQEHUOLHJHQGHQ:DQGHUKHOOWHVLFKHLQGUHLPDOYLHU0HWHUJURHV9LHUHFN
%DLNXODU²:HOWGHV7HUURV
M
$WODQ
'LHGUHL%DLNXODUHQZDQGWHQVLFKPLWVDPWLKUHQGUHKEDUHQ6HVVHOQXP ³3DVVHQ 6LH DXI PHLQH +HUUHQ LFK ZHUGH ,KQHQ HLQHQ 4XHUVFKQLWW YRQ GHP 0DWHULDO]HLJHQGDVLFKLQGHQOHW]WHQ0RQDWHQ]XP6SDJHVDPPHOWKDEH´VDJWHGHU 0DQQPLWGHQ/DVKDW3RFNHQ 'DQQ OLH HU GHQ )LOP DEODXIHQ $XI GHU GUHL PDO YLHU 0HWHU JURHQ 3URMHNWLRQVIOlFKHZDUHQDXVVFKOLHOLFK6]HQHQYRQ%DLNXODU]XVHKHQ²XQGQXUVROFKH GLH PLW GHQ 7HUURUDNWLRQHQ ]XVDPPHQKLQJHQ (V ZXUGHQ 9HUK|UH PLW EHVFKXOGLJWHQ 7HUUDQHUQ JH]HLJW²GHUHQ *HVWlQGQLVVH ZDUHQ ]X K|UHQ $XVVFKQLWWH DXV 5HJLHUXQJVUHGHQ LQ GHQHQ GLH )RUGHUXQJ QDFK $XWDUNLH YRUJHEUDFKW ZXUGH (LQEOHQGXQJHQLQGLHOHW]WH3URWHVWNXQGJHEXQJ0DQFLQ+RQJVXQGGHVVHQ(UPRUGXQJ ZXUGHQ JH]HLJW =XP $EVFKOX ZDU ]X VHKHQ ZLH GHU $WWHQWlWHU YRQ .KDQ (ONR1KRU HUVFKRVVHQZXUGH 'D]XVDJWHGHU&KHIGHU8+% ³6LHVHKHQLFKELQEHUGLH6LWXDWLRQDXI%DLNXODU LQIRUPLHUW 8QG LFKZHL DXFK GD 6LH QLFKW ]X PLU JHNRPPHQ VLQG GDPLW LFK IU 6LH HLQHQ )DOO YRQ :LUWVFKDIWVVSLRQDJH O|VH 1HLQ 6LH YHUODQJHQ GD LFK GLH 'UDKW]LHKHU GHU 7HUURULVWHQRUJDQLVDWLRQ ILQGH 'DV ZXWH LFK VFKRQ DOV PLU PHLQH ,LQIRUPDQWHQ ,KUHQ6WDUWYRQ%DLNXODUPHOGHWHQ´ ,Q]ZLVFKHQ ZDUHQ GLH 3DQRUDPDVFKHLEHQ GHU )HQVWHU ZLHGHU WUDQVSDUHQW JHZRUGHQGHU0LNURSURMHNWRUKDWWHVLFKDXWRPDWLVFKLP6FKUHLEWLVFKYHUVHQNW 1DFKGHP GHU &KHI GHU 8+% JHHQGHW XQG VHLQHQ 3ODW] KLQWHU GHP 6FKUHLEWLVFK ZLHGHUHLQJHQRPPHQKDWWHKHUUVFKWHHLQH:HLOH6FKZHLJHQ 6FKOLHOLFK VDJWH 'H +LQQJ ³,FK PX JHVWHKHQ 7HNHQHU 6LH KDEHQ XQV EHHLQGUXFNW 0LW DOOHP KDEHQ ZLU JHUHFKQHW QXU QLFKW GDPLW GD 6LH VLFK EHUHLWV PLW GHQ 9RUIlOOHQ DXI %DLNXODU DXVHLQDQGHUJHVHW]W KDEHQ -HW]W HUNHQQH LFK HUVW GD ,KUH (UIROJHQLFKWYRQXQJHIlKUNRPPHQ´ ³:HQQLFKLPPHUHUVWGDQQ]XUHFKHUFKLHUHQEHJlQQHZHQQHLQH*HIDKUEHUHLWV NRVPLVFKH*U|HDQJHQRPPHQKDWGDQQN|QQWHLFKGHQ/DGHQJOHLFKGLFKWPDFKHQ´ HUNOlUWH GHU 0DQQ PLW GHQ /DVKDW3RFNHQ ³=XJHJHEHQ LFK KDEH PLFK IU %DLNXODU LQWHUHVVLHUWZHLOLFKGDFKWHGDVN|QQWHHWZDVIUGLH8+%VHLQ'RFKMHW]WHUNHQQHLFK GDGLH$QJHOHJHQKHLWQLFKWLQXQVHU)DFKVFKOlJWZHLOVLHSROLWLVFK]XEULVDQWLVW´ ³$EHU HLQPDO DQJHQRPPHQ 6LH ZUGHQ GHQ )DOO GRFK EHUQHKPHQ²ZHOFKH 6XPPHZUGHQ6LHQHQQHQ"´ ³)QI]LJ0LOOLRQHQ6RODU´ *XDODSD5XQGDIXKUDXVVHLQHP6HVVHOKRFK ³'DVN|QQHQ6LHQLFKWHUQVWPHLQHQ´ 'HU 8+%&KHI OlFKHOWH ³1DWUOLFK QLFKW (V LVW RKQHKLQ DOOHV QXU UKHWRULVFK JHPHLQW=X,KUHU,QIRUPDWLRQ ,FKZUGHQLFKWPLWPLUKDQGHOQODVVHQ)QI]LJ0LOOLRQHQ 6RODUXQGNHLQHQ6ROLZHQLJHU´ ³$EJHPDFKW´VDJWH5DQD6KLNDGHUELVKHUQRFKNHLQ:RUWJHVSURFKHQKDWWH(U IJWH VFKQHOO KLQ]X ³6LH QHQQHQ ,KUH 2UJDQLVDWLRQ HLQH +LOIVLQVWLWXWLRQ IU %HGUlQJWH 'LH%DLNXOlUHQVLQG%HGUlQJWH+HOIHQ6LHLKQHQ0DFKHQ6LHGHP7HUURUDXI%DLNXODU HLQ(QGH´ 'HU0DQQPLWGHQ/DVKDW3RFNHQJDEVLFKHLQH:HLOHQDFKGHQNOLFKGDQQIUDJWH HU ³+DEHQ6LHEHPHUNWGDHVDXI6DWLVI\=ZHLJVWHOOHQHLQLJHU*UREDQNHQJLEW"´ ³:LU GHQNHQ QLFKW GDUDQ 6LH IU QRFK QLFKW HUEUDFKWH /HLVWXQJHQ ]X EH]DKOHQ´ HPS|UWHVLFK*XDODSD5XQGD
%DLNXODU²:HOWGHV7HUURV
M
$WODQ
³,FKODVVHPLFKQXUIUHUIROJUHLFKDEJHVFKORVVHQH$XIWUlJHEH]DKOHQ´VDJWHGHU &KHIGHU8+%NKO³$EHUDQGHUHUVHLWVP|FKWHLFKDXFKQLFKWGXUFKGLH)LQJHUVHKHQ (V N|QQWH HLQHP YRQ ,KQHQ HWZDV ]XVWRHQ XQG GDQQ PWH LFK PLFK PLW GHQ (UEHQ KHUXPVFKODJHQ 'HVKDOE VROOHQ 6LH HLQHQ 6FKHFN EHL HLQHU %DQN KLQWHUOHJHQ GHU HUVW ]XGHP=HLWSXQNWHLQHU(UIROJVPHOGXQJIlOOLJZLUG(LQYHUVWDQGHQ"´ 'LHGUHL%DLNXODUHQVWLPPWHQ]X $OVVLHJHJDQJHQZDUHQ|IIQHWHGHU0DQQPLWGHQ/DVKDW3RFNHQGLH*HKHLPWU ]XHLQHP1HEHQUDXP'RUWVDHLQDQGHUHU0DQQDQHLQHP$EK|UJHUlW ³+DVWGXDOOHVPLWEHNRPPHQ.HQ"´HUNXQGLJWHVLFK5RQDOG7HNHQHUXQGVSLHOWH PLWGHP=HOODNWLYDWRUXQWHUVHLQHU%OXVH ³-HGHV :RUW´ YHUVLFKHUWH 6LQFODLU 0 .HQQRQ JULQVHQG ³'HU )LVFK KDW DQJHELVVHQ´ ³'DQQZROOHQZLUPDOGLH%HGUlQJWHQKHOIHU]XVDPPHQWURPPHOQ´ (UKDWWHYLHOH-DKUHKLQGXUFKJHVFKODIHQ -HW]WZHFNWHQVLHLKQ (U |IIQHWH ]XHUVW ]DJKDIW GLH $XJHQ $OV HU IHVWVWHOOWH GD GHU 5DXP LQ HLQHP DQJHQHKPHQ'lPPHUOLFKWODJ|IIQHWHHUGLH$XJHQJDQ](UPXWHVLFKHUVWODQJVDP DQGDV/LFKWJHZ|KQHQ 'HU 5DXP ZDU IUHPG hEHU LKQ JHEHXJW ZDUHQ ]ZHL +XPDQRLGH GLH DQ LUJHQGZHOFKHQ ,QVWUXPHQWHQ KDQWLHUWHQ $Q LKUHQ VFKODQNHQ KRFKDXIUDJHQGHQ *HVWDOWHQXQGGHUOlQJOLFKHQ6FKlGHOIRUPHUNDQQWHHUGDHVVLFKXP$UDVKDQGHOWH (UHULQQHUWHVLFKQLFKWLP(ZLJNHLWVLQVWLWXWMHPDOV$UDVJHVHKHQ]XKDEHQ$OVR EHIDQG HU VLFK ZRDQGHUV )U HLQHQ $XJHQEOLFN EHUNDP LKQ 3DQLN DEHU HU EHUXKLJWH VLFKVFKQHOOZLHGHU =ZHL)UDJHQEHVFKlIWLJWHQLKQ ³:RELQLFK"´IUDJWHHUPLWVFKZHUHU=XQJHXQG ³:HOFKHV-DKUVFKUHLEHQZLU"´ ³+HXWH LVW GHU 1RYHPEHU DQWZRUWHWH HLQHU GHU EHLGHQ $UDV PLW JHGlPSIWHU6WLPPH³$OOHVDULGHUHZLUGHU,KQHQVDJHQ´ $WODQ GXUFK]XFNWH HV LKQ $OVR KDWWH PDQ LKQ JHZHFNW ZHLO LKQ GLH 862 EUDXFKWH 'LH$UDVVFKREHQHLQH6FKZHEHEDKUHKHUDQXQGKREHQLKQDXVGHP6FKODIWDQN (UQHXWEHILHOLKQ3DQLN ³:LHYLHOKDEHLFKZlKUHQGGHV7LHIVFKODIV]XJHQRPPHQ"´ ³(WZDVPHKUDOVVHFKV3IXQG´DQWZRUWHWHHLQ$UD ³9HUGDPPW´ -HGHVPDO ZHQQ HU HLQLJH -DKUH RGHU -DKU]HKQWH 7LHIVFKODI KLQWHU VLFKKDWWHZDUHUXPHLQLJH3IXQGHVFKZHUHU:RKLQZUGHGDVQRFKIKUHQ" 'LH$UDVEUDFKWHQLKQLQHLQHQ0DVVDJHUDXP ³6WLPPWHVGD6LHNHLQH5RERWHUEHKDQGOXQJZQVFKHQ"´HUNXQGLJWHVLFKHLQHU GHU$UDV ³1DFK GHU YLHU]HKQWHQ (UZHFNXQJ N|QQWHW LKU GDV VFKRQ ZLVVHQ´ VDJWH HU XQJHKDOWHQ 6LH OHJWHQ LKQ ElXFKOLQJV DXI HLQHQ 0DVVDJHWLVFK :DUPH ]DUWH +lQGH OHJWHQ
%DLNXODU²:HOWGHV7HUURV
M
$WODQ
VLFKDXIVHLQH6FKXOWHUEOlWWHUXQGEHJDQQHQVLHVDQIW]XPDVVLHUHQ ³,VWHVVRJXW0U&KDSPDQ"´IUDJWHHLQHDQJHQHKPH)UDXHQVWLPPH (UGUHKWHGHQ.RSIKHUXPXQGEOLFNWHLQHLQVDJHQKDIWVFK|QHV0lGFKHQJHVLFKW ³6LHGUIHQPLFK5RJHUQHQQHQ´VDJWHHUPLWUDXKHU6WLPPH ³6LHZHUGHQVLFKQRFKGHQ+DOVYHUUHQNHQ´VDJWHVLH (UZDQGWHVLFKVFKXOGEHZXWDEXQGOHJWHGDV.LQQDXIGDVZHLFKH.LVVHQ ³(QWVFKXOGLJHQ 6LH DEHU LFK KDEH VFKRQ VHLW EHU IQI]LJ -DKUHQ NHLQH )UDX PHKUJHVHKHQ´ 6LHNLFKHUWH³:lKUHQGGHV7LHIVFKODIVGHQNHQ6LHGRFKQLFKWDQVROFKH6DFKHQ 5RJHU´ ³6WLPPW´EHVWlWLJWHHU³$EHULFKKDEH$QJVWGDYRUGDPDQPLFKHLQHV7DJHV LQGHQ6FKODIWDQNOHJWPLFKXQWHUNKOWDOOHPHLQH.|USHUIXQNWLRQHQDXVVFKDOWHWPHLQH *HGDQNHQDEHUZDFKEOHLEHQ'DYRUIUFKWHLFKPLFK6WHOOHQ6LHVLFKYRUHLQLJH-DKUH RGHU -DKU]HKQWH ZDFK ]X VHLQ XQG VLFK QLFKW EHZHJHQ ]X N|QQHQ $Q )UDXHQ ]X GHQNHQXQGQLFKW´ ³5RJHU´ ³(V KDW VLFK QLFKWV JHlQGHUW LQ GHQ IQI]LJ -DKUHQ´ VHXI]WH HU ³0DQ LVW LPPHU QRFKSXULWDQLVFK´ (UJULIIVLFKDQGLHNDKOH6WHOOHDQVHLQHP.RSI ³'LH *ODW]H KDW VLFK YHUJU|HUW¶ VWHOOWH HU ELWWHU IHVW ³:LVVHQ 6LH GLH ZDKUHQ 3UREOHPH GHV 7LHIVFKODIV VLQG IU PLFK JDQ] DQGHUHU 1DWXU ,FK YHUOLHUH LP 6FKODIWDQN +DDUHXQGVHW]H)HWWDQ'DJHJHQKDEHQGLHEHVWHQbU]WHQRFKNHLQH0LWWHOJHIXQGHQ´ ³*HJHQGLH*HZLFKWV]XQDKPHN|QQHQZLUVLFKHUHWZDVXQWHUQHKPHQZHQQ6LH UHJHOPlLJ]XPLULQGLH.OLQLNNRPPHQ´YHUVLFKHUWHGDV0lGFKHQ ³-D JODXEHQ 6LH LP (UQVW GLH KlWWHQ PLFK QXU ZHJHQ HLQHU 6FKODQNKHLWVNXU JHZHFNW"´ 6LHODFKWH (U OLH VLFK YRQ GHU ZRKOLJHQ 0GLJNHLW EHUPDQQHQ XQG G|VWH ]XIULHGHQ YRU VLFKKLQ(UKlWWHVWXQGHQODQJVRGDOLHJHQN|QQHQXQG]XFNWHHUVFKURNNHQ]XVDPPHQ DOVVLHYHUVLFKHUWHGDVLHLKUH.QHW7KHUDSLHEHHQGHWKDWWH ³+LHUOLHJHQ6DFKHQ]XP$Q]LHKHQ´VDJWHVLHXQGZROOWHGHQ5DXPYHUODVVHQ ³:ROOHQ6LHPLU]XP$EVFKLHGQLFKWZHQLJVWHQVVDJHQZLH6LHKHLHQXQGZLH ,KUH9LVLSKRQQXPPHUODXWHW"´ ³(OLDQD $EHU PHLQH 1XPPHU ZHUGHQ 6LH QLFKW EUDXFKHQ $OV .RVPLVFKHU %HGUlQJWHQKHOIHU ZHUGHQ 6LH VRIRUW LQ GHQ (LQVDW] JHVFKLFNW 8QG ZHQQ PDQ 6LH GDV QlFKVWHPDOZHFNWELQLFKVLFKHUVFKRQHLQH*UHLVLQ´ 'DPLWYHUVFKZDQGVLH .RVPLVFKHU %HGUlQJWHQKHOIHU (U ]XFNWH GLH $FKVHOQ 6R NRQQWH PDQ VHLQH 7lWLJNHLWDXFKXPVFKUHLEHQZHQQPDQZROOWH (U VFKOSIWH LQ GLH EHUHLWOLHJHQGHQ .OHLGHU :LH LPPHU KDWWH PDQ VLFK DXFK GLHVPDO EHPKW VHLQHQ *HVFKPDFN ]X WUHIIHQ +RVH XQG %OXVH ZDUHQ DXV HLQHP ZHLFKHQN|USHUIUHXQGOLFKHQ0DWHULDOQLFKW]XEXQWQLFKW]XVHUL|VZDKUVFKHLQOLFKGHU DXJHQEOLFNOLFKHQ 0RGH DQJHSDW 0DQ KDWWH DXFK QLFKW GDV )HVVHOIHOG0LHGHU YHUJHVVHQ 1DFKGHPVLFK5RJHU&KDSPDQDQJHNOHLGHWXQGVLFKLP6SLHJHOEHWUDFKWHWKDWWH ZDUHUPLWVHLQHU(UVFKHLQXQJGXUFKDXV]XIULHGHQ'LHUDIILQLHUWJHVFKQHLGHUWHQ.OHLGHU
%DLNXODU²:HOWGHV7HUURV
M
$WODQ
OLHHQLKQJU|HUXQGVFKODQNHUHUVFKHLQHQ $OVHUGHQ0DVVDJHUDXPYHUOLHZXUGHHUYRQHLQHP(SVDOHUPLWY|OOLJNDKOHP 6FKlGHOXQGURWHP]XYLHU=|SIHQJHIORFKWHQHP%DUWHPSIDQJHQ (UVWHOOWHVLFKDOV+DWNRU0RURPDWXQGDOV&KHIGHU,QWHUQ3ROL]HLYRQ6DWLVI\YRU ³,VWGDVKLHUQLFKW4XLQWR&HQWHU"´IUDJWH&KDSPDQHUVWDXQW ³*OFNOLFKHUZHLVHQLFKW´VDJWHGHU(SVDOHU(UIJWHVFKQHOOKLQ]X ³,FKELQEHU ,KUH 7lWLJNHLW DOV 8626SH]LDOLVW LQIRUPLHUW $EHU 6LH EUDXFKHQ VLFK ZHJHQ GLHVHV GXQNOHQ3XQNWHVLQ,KUHU9HUJDQJHQKHLWQLFKW]XVFKlPHQ´ ³/DQJVDPNRPPWPLUGHU9HUGDFKWGDLFKZlKUHQGGHV7LHIVFKODIVYRQ3LUDWHQ JHNLGQDSSWZRUGHQELQ´YHUPXWHWH&KDSPDQ 'HU(SVDOHUODFKWHVFKDOOHQG ³.RPPHQ6LH0U&KDSPDQLFKEULQJH6LH]XLKP´ :lKUHQG VLH GDV 6DQDWRULXP LQ .XSSHO ,,, YHUOLHHQ XQG VLFK DXI GHQ :HJ ]XU DQJUHQ]HQGHQ .XSSHO , PDFKWHQ EHDQWZRUWHWH LKP GHU (SVDOHU EHUHLWZLOOLJ DOOH )UDJHQ²DEJHVHKHQMHQHGLHVLFKPLWGHU2UJDQLVDWLRQEHIDWHQLQGLH&KDSPDQJDQ] XQVFKXOGLJJHUDWHQZDU (UHUIXKUGDHUVLFKLP6\VWHPGHU6RQQH6WDUWHNEHIDQGGHPNHLQH3ODQHWHQ DEHU GDIU YLHUXQGGUHLLJ 3ODQHWRLGHQ DQJHK|UWHQ GD DXI 6DWLVI\ MHGHUPDQQ ZLOONRPPHQ ZDU XQG IU HQWVSUHFKHQGH +RQRUDUH GLH +LOIH GHU .RVPLVFKHQ %HGUlQJWHQKHOIHULQ$QVSUXFKQHKPHQNRQQWH +DWNRU 0RURPDW VSUDFK GDUEHU GD DXI 6DWLVI\ GLH *HVHW]H GHU JDODNWLVFKHQ 6WHUQHQUHLFKH HLQVFKOLHOLFK GHV 6RODUHQ ,PSHULXPV NHLQH *OWLJNHLW KDWWHQ XQG GD PDQ QLFKW GDUDQ GlFKWH 6FKZLQGOHU %HWUJHU 'LHEH XQG 6WHXHUKLQWHU]LHKHU DXV]XOLHIHUQ ³6DWLVI\LVWDOVRHLQH$UW/HSVR´VWHOOWH&KDSPDQEHNPPHUWIHVW ³6LH ZHUGHQ QRFK VHKHQ GD GHP QLFKW VR LVW¶ HQWJHJQHWH GHU &KHI GHU ,QWHUQ3ROL]HL ³%HL XQV JLEW HV NHLQH 3DUDJUDSKHQ DEHU VR HWZDV ZLH HLQH DXVJOHLFKHQGH*HUHFKWLJNHLW´ ³8QGZHULVWGHU%RLQGLHVHP(OGRUDGR"´ &KDSPDQ OHUQWH LKQ JOHLFK GDUDXI NHQQHQ EHVVHU JHVDJW HU OHUQWH GLH EHLGHQ &KHIVGHU8+%NHQQHQ $OV HU LQ GDV K\SHUPRGHUQH %UR LQ GHP 9HUZDOWXQJVJHElXGH GHU .XSSHO , JHIKUW ZXUGH XQG VLFK GHQ EHLGHQ¶ 0lQQHUQ JHJHQEHUVDK VWDKO VLFK HLQ YHUVWlQGQLVYROOHV/lFKHOQXPVHLQH0XQGZLQNHO ³+DEHLFKPLUGRFKJOHLFKJHGDFKWGD6DWLVI\HLQH=ZHLJVWHOOHGHU862LVW´ULHI HU QDFKGHP VLFK GLH 7U KLQWHU LKP JHVFKORVVHQ KDWWH ³5RQDOG 7HNHQHU XQG 6LQFODLU 0DURXW.HQQRQGLHEHLGHQ3DUDGHSIHUGHGHU862-HW]WZLUGPLUDOOHVNODU´ (UJLQJ]XGHQEHLGHQKLQXQGVFKWWHOWHLKQHQGLH+lQGH 5RQDOG7HNHQHUVDK]XLKPZLHDXIHLQVFKZDFKVLQQLJHV.LQGKLQXQWHU ³6LH VHKHQ JDQ] XQG JDU QLFKW NODU 0U &KDSPDQ´ VDJWH HU PLOGH ³,FK ZHUGH ,KQHQHLQLJH(UNOlUXQJHQJHEHQPVVHQ$EHUQHKPHQ6LHGRFKHUVWHLQPDO3ODW]´ 1DFKGHPVLFK&KDSPDQQHEHQ.HQQRQLQ HLQHQ%HVXFKHUVHVVHOJHVHW]WKDWWH IXKU 7HNHQHU IRUW ³'HU 5RQDOG 7HNHQHU GHQ 6LH PHLQHQ LVW VFKRQ VHLW YLHOHQ -DKU]HKQWHQWRW(UVWDUEZDVPDQQXUYRQZHQLJHQ8626SH]LDOLVWHQVDJHQNDQQDQ $OWHUVVFKZlFKH LFK ELQ VHLQ 8UHQNHO 'DV $XVVHKHQ KDW HU PLU YHUHUEW GLH *HVLFKWVQDUEHQKDEHLFKPLUDXI/DVKDWJHKROW9RQGRUWVWDPPWDXFKPHLQ9HUP|JHQ
%DLNXODU²:HOWGHV7HUURV
M
$WODQ
9RU QHXQ]HKQ -DKUHQ JUQGHWH LFK ]XVDPPHQ PLW PHLQHP 3DUWQHU GLH 8+% 'LHVH 2UJDQLVDWLRQ GLHQW GD]X PHLQHQ 5HLFKWXP ]X YHUJU|HUQ XQG XQWHU 8PJHKXQJ GHU *HVHW]H%HGUlQJWHQHFKWH+LOIHOHLVWHQ]XN|QQHQ :DV 6LH EHWULIIW 0U &KDSPDQ VR KDEH LFK 6LH EHL *UQGXQJ GLHVHU 2UJDQLVDWLRQ XP 0LOOLRQHQ 6RODU YRQ GHU 862 ORVJHNDXIW 6LH EUDXFKHQ VLFK GHU 8QLWHG6WDUV2UJDQLVDWLRQQLFKWPHKUYHUSIOLFKWHW]XIKOHQGHQQ6LHZXUGHQYRQ,KUHP (LGEHIUHLW,FKELQLP%HVLW]GLHVHV'RNXPHQWV6LHN|QQWHQMHW]WQDWUOLFKPRUDOLVFKH %HGHQNHQ KDEHQ XQG PLU GHQ 'LHQVW YHUZHLJHUQ 'DV ZDU PLU VFKRQ NODU DOV LFK GLH ]ZDQ]LJ 0LOOLRQHQ DXI GHQ 7LVFK EOlWWHUWH $EHU GD]X KDEHQ 6LH JODXEH LFK NHLQH 9HUDQODVVXQJ ,Q ,KUHP µ7HVWDPHQW¶ GDV 6LH LP (ZLJNHLWV]HQWUXP KLQWHUOHJWHQ VWHKW NOLSS XQG NODUGDPDQ6LHDXFKIUDQGHUH(LQVlW]HDOVIU862$XIWUlJHZHFNHQN|QQHZHQQ ,KUH +LOIH IU GHQ .DPSI JHJHQ 8QJHUHFKWLJNHLW 9HUEUHFKHUWXP 0HQVFKHQUHFKWVYHUOHW]HUXQGVRZHLWHUEHQ|WLJWZUGH1XQXQGJHQDXGDIUEUDXFKH LFK6LH´ 5RJHU&KDSPDQKDWWHGLHJDQ]H=HLWEHUVWLOOYRUVLFKKLQJHOlFKHOW -HW]WVlJWHHU ³'DVLVWDOOHVUDIILQLHUWHLQJHIlGHOWXQGLFK]ZHLIOHQLFKWGDUDQGD HV MHGHU 8QHLQJHZHLKWH VFKOXFNHQ ZLUG $EHU PLU N|QQHQ 6LH QLFKWV YRUPDFKHQ ,FK JHK|UHQlPOLFK]XIlOOLJ]XGHQ(LQJHZHLKWHQ´ ³:HUKDW6LHLQZDVHLQJHZHLKW"´HUNXQGLJWHVLFK7HNHQHU ³$WODQ LQ ,KU NOHLQHV *HKHLPQLV´ DQWZRUWHWH &KDSPDQ ³6LH N|QQHQ UXKLJ GLH .DUWHQ YRU PLU DXI GHQ 7LVFK OHJHQ ,FK ZHL GD 6LH 7HNHQHU LP -DKUH HLQHQ =HOODNWLYDWRUHUJDWWHUWHQ6LHVLQGDOVRXQVWHUEOLFK0LULVWDXFKEHNDQQWGDGHU0DQQ PLWGHU9ROOSURWKHVH²6LH0U.HQQRQ²YRUIQI]LJ-DKUHQQRFKHLQH/HEHQVHUZDUWXQJ YRQ VLHEHQ ELV DFKWKXQGHUW -DKUHQ EHVD 8QG QRFK HWZDV 6LH ZXUGHQ EHLGH EHI|UGHUW 6LH 0U 7HNHQHU VLQG MHW]W 2EHUVW 0U .HQQRQ LVW 2EHUVWOHXWQDQW ,VW HV ,KQHQOLHEHUZHQQLFKGDVLQPHLQHU$QUHGHEHUFNVLFKWLJH"´ ³8P+LPPHOVZLOOHQQHLQ´VW|KQWH7HNHQHU(UVFKWWHOWHIDVVXQJVORVGHQ.RSI ³$WODQKDWPLWNHLQHP:RUWDQJHGHXWHWGDHUXQVPLW,KQHQHLQ.XNNXFNVHLLQV1HVW JHOHJWKDW´ ³,FKKDEHDOVRULFKWLJNRPELQLHUW´PHLQWH&KDSPDQ(VZDUNHLQH)UDJHVRQGHUQ HLQH)HVWVWHOOXQJ³:LHOlXIWGLHVH7DUQRUJDQLVDWLRQ"´ .HQQRQ HUNOlUWH HV LKP 2IIL]LHOO ZDU GLH 8QDEKlQJLJH +LOIVLQVWLWXWLRQ IU %HGUl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lQGLJ ]ZLVFKHQ 4XLQWR&HQWHU XQG GHQ (LQVDW]RUWHQ KLQ XQG KHUSHQGHOWHQ 'DV ZDU MHW]W DQGHUV 7HNHQHU XQG .HQQRQ EUDXFKWHQ QLFKW PHKU 9HUVWHFN ]X VSLHOHQ ,KUH 5ROOHQ ZDUHQ ]ZDU LPPHU QRFK PHKU DOV XQGXUFKVLFKWLJ DEHU VLH NRQQWHQ $XIWUlJH JDQ]RIIL]LHOOEHUQHKPHQGLH3ULYDWSHUVRQHQLKQHQEHUWUXJHQ'DPDQFKPDOGLHVH
%DLNXODU²:HOWGHV7HUURV
M
$WODQ
3ULYDWSHUVRQHQ QXU YRQ GHU 862 YRUJHVFKREHQH 6WURKPlQQHU ZDUHQ GDV VWDQG DXI HLQHPDQGHUHQ%ODWW 'LH JHPlLJWH $QDUFKLH GLH DXI 6DWLVI\ KHUUVFKWH ZDU HLQ ZHLWHUHU 3OXVSXQNW 'LH *HVHW]ORVHQ GLH QDFK 6DWLVI\ NDPHQ ZDUHQ RIW ZHUWYROOH ,QIRUPDQWHQ XQG 'HYLVHQEULQJHU$XHUGHPZDUHV.XULHUHQGHU862XQGGHU6RODUHQ$EZHKUP|JOLFK 6DWLVI\ DXI]XVXFKHQ RKQH $XIVHKHQ ]X HUUHJHQ GD KLHU MHGHUPDQQ NRPPHQ XQG JHKHQNRQQWHZLHHUZROOWH 'D HV LQ HLQHU VROFKHQ =XVDPPHQEDOOXQJ YRQ $XHQVHLWHUQ GHU *HVHOOVFKDIW LPPHU]X5HLEHUHLHQNDPZDU7HNHQHUQLFKWGDUXPKHUXPJHNRPPHQHLQH3ROL]HL]X JUQGHQ ,KU JHK|UWHQ IQI]LJ 0lQQHU XQG )UDXHQ DQ GLH IU 2UGQXQJ DXI 6DWLVI\ ]X VRUJHQKDWWHQ )U GHQ $XHQGLHQVW VWDQGHQ ELV GLH =DKO VFKZDQNWH ZHLO HV VWlQGLJ $XVIlOOH XQG 1HX]XJlQJH JDE²VRJHQDQQWH ³.RVPLVFKH %HGUlQJWHQKHOIHU´ ]XU 9HUIJXQJ 6LH ZDUHQ DXVJHVXFKWH 6SH]LDOLVWHQ DOOHU 9|ONHU VWHOOWHQ LQ MHGHU 6LWXDWLRQ LKUHQ0DQQXQGZDUHQQDFKGHP0XVWHUGHU([SORUHUIORWWHDXFKDXIZLVVHQVFKDIWOLFKHP XQGWHFKQLVFKHP*HELHWYHUVLHUW ,KUH $UEHLW ZXUGH GDGXUFK HUOHLFKWHUW ZHLO GLH 862 VWlQGLJ ,QIRUPDWLRQHQ EHU DOOH .ULVHQKHUGH LQ GHU *DOD[LV DQ GLH 8+% VFKLFNWH 6R ILHO LQ IDVW DOOHQ )lOOHQ GLH PKHYROOH9RUDUEHLWGHV5HFKHUFKLHUHQVZHJ ³8QGZLHVFKW]HQ6LH6DWLVI\YRU$QJULIIHQ"´ZROOWH&KDSPDQZLVVHQ ³:LU KDEHQ NHLQH :DFK RGHU .DPSIIORWWH´ DQWZRUWHWH 7HNHQHU ³'DV LVW DXFK QLFKW Q|WLJ GHQQ KLQWHU XQV VWHKHQ GLH $NRQHQ :LU OLHIHUQ LKQHQ JHOHJHQWOLFK 6FKZHUYHUEUHFKHUDXVXQGDOV*HJHQOHLVWXQJJHEHQVLHVLFKDOVXQVHUH6FKXW]SDWURQH DXV 7URW]GHP VLQG ZLU YROONRPPHQ DXWDUN :LU EHVLW]HQ QXU GLH (LQVDW]VFKLIIH IU GLH .RVPLVFKHQ %HGUlQJWHQKHOIHU GLH QDWXUJHPl VFKZHUH %HZDIIQXQJ EHVLW]HQ (V JLEW DXI 6DWLVI\ HLQH 5HLKH YRQ JHKHLPHQ $EZHKUIRUWV GHUHQ ([LVWHQ] MHGRFK DOOJHPHLQ EHNDQQWLVW'DVLVW$EVLFKW0DQVFKPXQ]HOWGHVKDOEEHUXQVXQGXQWHUVFKlW]WXQV´ ³:DV LFK JHK|UW KDEH JHIlOOW PLU´ VWHOOWH &KDSPDQ IHVW ³,FK ZHL QLFKW RE LFK XQWHU GLHVHQ 8PVWlQGHQ QRFK PDO LQ GHQ 6FKODIWDQN ]XUFN P|FKWH $XV ZHOFKHP *UXQGKDEHQ6LHPLFKJHZHFNW"´ ³$XI HLQHU 6LHGOHUZHOW QDPHQV %DLNXODU LVW GLH +|OOH ORV´ HUNOlUWH 7HNHQHU ³(V JHKW XP GLH $XWDUNLH GLHVHU :HOW ,UJHQGHLQH XQEHNDQQWH 0DFKW VFKUW GHQ +D GHU %HY|ONHUXQJ JHJHQ GDV 6RODUH ,PSHULXP XQG VFKLHEW K\SQRPHFKDQLVFK EHHLQIOXWH 7HUUDQHUDOV7HUURULVWHQYRU6LHHUKDOWHQQRFKJHQDXH8QWHUODJHQ.HQXQGLFKZHUGHQ GHQ (LQVDW] OHLWHQ 6LH XQG YLHU ZHLWHUH %HGUlQJWHQKHOIHU VROOHQ ]X XQVHUHU 8QWHUVWW]XQJ HLQJHVHW]W ZHUGHQ ,FK P|FKWH 6LH QRFK ELWWHQ GD 6LH ]X QLHPDQGHP EHU XQVHUH ZDKUH ,GHQWLWlW RGHU EHU GLH ZLUNOLFKH $XIJDEH XQVHUHU 2UJDQLVDWLRQ VSUHFKHQ 1LFKW HLQPDO +DWNRU 0RURPDW ZHL %HVFKLHG /DG\ &KDPlO\ LVW DOOHUGLQJV HLQJHZHLKW6LHLVW(PSDWKLQXQGNDPYRQVHOEVWKLQWHUXQVHU*HKHLPQLV´ ³/DG\&KDPlO\"´ ³6LHLVWHLQH5LHVHQVLJDQHVLQXQGJHK|UW,KUHP7HDPDQ´ ³1RFK HLQ 5DW &KDSPDQ´ PLVFKWH VLFK .HQQRQ HLQ ³:LU ZLVVHQ GD 6LH HLQ IDQDWLVFKHU 9HUIHFKWHU GHU ([WUD =HUHEUDOHQ ,QWHJUDWLRQ VLQG 6LH KDWWHQ PLW ,KUHQ H]LDOLVWLVFKHQ 0HWKRGHQ (UIROJ GDV VWHKW DXHU )UDJH XQG 6LH N|QQHQ VLH QDFK %HOLHEHQ HLQVHW]HQ $EHU YHUVXFKHQ 6LH QLFKW GLH DQGHUHQ %HGUlQJWHQKHOIHU ]XP (]LDOLVPXV]XEHNHKUHQ´
%DLNXODU²:HOWGHV7HUURV
M
$WODQ
³'HU(]LDOLVPXVKDWVLFKDOVRLPPHUQRFKQLFKWGXUFKJHVHW]W´VHXI]WH&KDSPDQ EHNPPHUW³8QGLFKKRIIWHLFKZUGHHLQHV7DJHVDXVGHP7LHIVFKODIHUZDFKHQXQG HQWGHFNHQGDDOOH0HQVFKHQ(]LDOLVWHQVLQG´ ³(LQ *OFN IU GLH 0HQVFKKHLW GD VLFK ,KUH +RIIQXQJ QLFKW HUIOOW KDW´ VDJWH 7HNHQHUWURFNHQ /DG\&KDPlO\VSUWHGHQVDQIWHQ'UXFNDXILKUHU6WLUQK|UWHGDV6XPPHQGHV %LOG6SUHFKJHUlWHVXQGDOVVLHGLH$XJHQDXIVFKOXJVDKVLHLKUH'RSSHOJlQJHULQEHU VLFKJHEHXJW ³:LH RIW VROO LFK GLU GHQQ QRFK VDJHQ GD LFK HV QLFKW PDJ ZHQQ GX PLFK ZDFKNW0XWWHU´VDJWHVLHlUJHUOLFK ,KUH'RSSHOJlQJHULQPDFKWHHLQEHWURIIHQHV*HVLFKWXQG]RJVLFKHLQLJH6FKULWWH ]XUFN ³8QGEHUKDXSWZDUXPOlXIVWGXQDFNWKHUXP´UJWH/DG\&KDPlO\³'XZHLW GDVLFKGDVQLFKWJH]LHPW´ ,KUH'RSSHOJlQJHULQUHFNWHWURW]LJGDV.LQQ /DG\ &KDPlO\ PDFKWH HLQH %HZHJXQJ GHU 5HVLJQDWLRQ ³6FKRQ JXW GX lIIVW PLFKHEHQQDFK$EHUQDFNWVFKODIHQLVWHWZDVDQGHUHVDOVQDFNWKHUXPODXIHQ´ 6LHVFKOSIWHLQGHQ0RUJHQPDQWHO,KUH'RSSHOJlQJHULQWDWHVLKUJOHLFK (UVWMHW]WZXUGH/DG\&KDPlO\EHZXWGDGDV9LVLSKRQLPPHUQRFKVXPPWH 6LHJLQJKLQXQGWDVWHWHHLQ,KUH'RSSHOJlQJHULQVWHOOWHVLFKQHEHQVLH $XIGHP%LOGVFKLUPZXUGH5RQDOG7HNHQHUVLFKWEDU/DG\&KDPlO\ZXUGHVRIRUW KHOOZDFK DOV VLH VHLQHQ *HVLFKWVDXVGUXFN VDK -HGHU DQGHUH KlWWH VLFK YRQ VHLQHP QLFKWVVDJHQGHQ/lFKHOQWlXVFKHQODVVHQDEHUVLHNDQQWHLKUHQ&KHIJXWJHQXJXP]X PHUNHQGDHUVLFKLQ$ODUPVWLPPXQJEHIDQG ³*XWJHVFKODIHQ"´ ³1HLQVFKOHFKW,FKKDEHYRQ,KQHQJHWUlXPW7HN´ ³0HLQHQ $QJHVWHOOWHQ LVW HV YHUERWHQ YRQ PLU ]X WUlXPHQ´ HUZLGHUWH HU 2KQH GHQ7RQIDOOVHLQHU6WLPPH]XlQGHUQIXKUHUIRUW ³,KU7\SZLUGZLHGHUHLQPDOYHUODQJW &KDPlO\ %ULVDQWH $QJHOHJHQKHLW $OSKD6WXIH $EUHLVH PLW GHU +$33
