über den Wolken von Khaza

hEHUGHQ:RONHQYRQ.KD]D M $WODQ 8626SH]LDOLVWHQ7HNHQHUXQG.HQQRQ LP5DWRV(ERU6\VWHP²LQGHU%RPEHU6FKXOH ...

Author: Ewers H G

10 downloads 284 Views 245KB 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

DOWNLOAD PDF

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

8626SH]LDOLVWHQ7HNHQHUXQG.HQQRQ LP5DWRV(ERU6\VWHP²LQGHU%RPEHU6FKXOH 1U hEHUGHQ:RONHQYRQ.KD]D YRQ+*(ZHUV

$XI 7HUUD GHQ :HOWHQ GHV 6RODUHQ ,PSHULXPV XQG GHQ 6WW]SXQNWHQ GHU 862 VFKUHLEWPDQ0LWWH6HSWHPEHUGHV-DKUHV6WDQGDUG]HLW 'LH&RQGRV9DVDFGDVJDOD[LVZHLWH9HUEUHFKHUV\QGLNDWGDVGHU862XQGGHP 6RODUHQ ,PSHULXP IU ODQJH =HLW HLQHQ HUELWWHUWHQ .DPSI OLHIHUWH LVW QLFKW PHKU 'LH 2UJDQLVDWLRQZXUGHYRUEHUHLQHPKDOEHQ-DKUHQGJOWLJ]HUVFKODJHQDOV0lQQHUGHU 862 ³GDV OHW]WH 9HUVWHFN´ DXVILQGLJ PDFKWHQ XQG 5DXPVFKLIIH GHU 862 GHV 6RODUHQ ,PSHULXPVXQGGHU0DDKNVLQGDV=HQWUDOV\VWHPGHU*URVVDUWVHLQGUDQJHQ $EHUGDV(QGHGHU&9EHGHXWHWHNHLQHVZHJVGDLQGHU*DOD[LV5XKHKHUUVFKW XQG GD /RUGDGPLUDO $WODQ XQG VHLQH 0LWDUEHLWHU LKUH 7lWLJNHLW HLQVWHOOHQ N|QQHQ ,P *HJHQWHLO²GLH 862 ZLUG QDFK ZLH YRU GULQJHQG EHQ|WLJW 8QG 5RQDOG 7HNHQHU XQG 6LQFODLU 0 .HQQRQ GHU 0DQQ PLW GHU ³9ROOSURWKHVH´ EHILQGHQ VLFK OlQJVW ZLHGHU LP JHIlKUOLFKHQ(LQVDW] 8P DXI .KD]D HLQHP 3ODQHWHQ GHV 5DWRV(ERU6\VWHPV GLH 6SXU GHVVHQ ]X YHUIROJHQ GHU IU HLQH 5HLKH YRQ 0RUGHQ DQ SURPLQHQWHQ %UJHUQ GHV 6RODUHQ ,PSHULXPV YHUDQWZRUWOLFK LVW OHJHQ 7HNHQHU XQG .HQQRQ GLH 0DVNH YRQ %DUEDUHQ DQ XQGJHEHQVLFKDOV%RPEHUSLORWHQDXV 8QGGDPLWOLHJWLKU2SHUDWLRQVJHELHWh%(5'(1:2/.(1921.+$=$ 'LH+DXSWSHUVRQHQGHV5RPDQV $WODQ²'HU/RUGDGPLUDOVFKLFNWVHLQHEHVWHQ/HXWHQDFK.KD]D 7¶DEDQ 7HQWKUHGR XQG 6FXVRQ +RWNXU²5RQDOG 7HNHQHU XQG 6LQFODLU 0 .HQQRQLQGHU0DVNHYRQ%DUEDUHQ 5RQQLH.DSXUDW².RPPDQGDQWHLQHU.RUYHWWHGHU862 ,PLUDO GHU %HREDFKWHU²)UHXQG XQG 9HUWUDXWHU HLQHV YHUVWRUEHQHQ 862 $JHQWHQ -LOOL6HDF7XQ²(LQ0lGFKHQYHUOLHEWVLFKLQHLQHQ5RERWHU %LJ%HQ6SHFLDO²(LQ³VFKUHFNOLFKHU´6LJDQHVH ³:DVKDOWHQ6LHYRQ.KD]D0DMRU"´HUVFKROOGLHHOHNWURQLVFKYHUVWlUNWH6WLPPH 0DMRU &HUNXVK 5\QNLZDO EOLFNWH QDFK UHFKWV ZR VHLQ (UVWHU 2IIL]LHU LQ HLQHP 6SH]LDOVHVVHOVDGHUZLHGHUXPDXIHLQHPQRUPDOHQ.RQWXUVHVVHOPRQWLHUWZDU 6LJDQHVHQSDWHQLQNHLQHQQRUPDOHQ6HVVHO ³.KD]DLVWHLQHVFK|QH:HOW&DSWDLQ´JDEGHU.RPPDQGDQWGHV8626FKLIIHV ]XUFN ³'DV EH]ZHLIOH LFK QLFKW¶ HUZLGHUWH GHU 6LJDQHVH ³$EHU LFK KDWWH PHLQH )UDJH RIIHQJHVWDQGHQDQGHUVJHPHLQW

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

³:DUXP VDJHQ 6LH GDQQ QLFKW ZDV 6LH PHLQHQ"´ HQWJHJQHWH 5\QNLZDO XQIUHXQGOLFK &DSWDLQ1DWVL9HQLFHGUFNWHDXIHLQHQZLQ]LJHQ.QRSIXQGVHLQ6SH]LDOVHVVHO VFKZHQNWH LQ GHU +DOWHUXQJ KHUXP VR GD GHU 6LJDQHVH VHLQHP 9RUJHVHW]WHQ LQV *HVLFKWVHKHQNRQQWH ³:DUXP"´ZLHGHUKROWHHU³1XQLFKKDWWH6LHIUHLQHQLQWHOOLJHQWHQ0HQVFKHQ JHKDOWHQPLW,KUHPJURHQ.RSI9HU]HLKXQJ0DMRU´ ³(LQV ]X QXOO IU 6LH´ HUNOlUWH GHU 3ORSKRVHU JULQVHQG 'HUDUWLJH )URW]HOHLHQ ZDUHQ]ZLVFKHQLKPXQGGHP6LJDQHVHQDQGHU7DJHVRUGQXQJ(UOHKQWHVLFK]XUFN XQG EHWUDFKWHWH GLH EODJHOEH 6RQQH GLH LP HOHNWURQLVFKHQ =LHONUHLV GHV 5HOLHIVFKLUPHVOHXFKWHWH³,FKSHUV|QOLFKJODXEHQLFKWGDZLUDXVJHUHFKQHWDXI.KD]D HLQH6SXUILQGHQGLH]XGHQ+LQWHUPlQQHUQGHU0RUGVHULHIKUW'HU)OXJ]XP5DWHV (ERU6\VWHPLVWHLQUHLQHV5RXWLQH8QWHUQHKPHQ´ ³'DV EHIUFKWH LFK DXFK´ JDE GHU ZLQ]LJH 6LJDQHVH ]XUFN XQG ULHE VLFK QDFKGHQNOLFK GHQ 1DVHQUFNHQ ³2EZRKO GDV &\VWRERUV6\VWHP QXU /LFKWMDKUH YRQ5DWHV(ERUHQWIHUQWLVW´ 0DMRU5\QNLZDOVFKWWHOWHGHQ.RSI ³6LHEUDXFKHQGLHJHULQJH'LVWDQ]JDUQLFKW]XEHWRQHQ&DSWDLQ0HLQHU$QVLFKW QDFK JDUDQWLHUW VLH GD ZLU DXI GHP HLQ]LJHQ EHZRKQWHQ 3ODQHWHQ YRQ 5DWHV(ERU QLFKWVILQGHQZHUGHQ1LHPDQGNDQQVRGXPPVHLQHLQH0RUGVHULH]XYHUEHQGLHPLW HWZDV]XVDPPHQKlQJWGDVGLUHNWYRUVHLQHU+DXVWUOLHJW´ 9HQLFH]XFNWHGLH6FKXOWHUQ ³)U GLH %HZRKQHU YRQ .KD]D LVW HV HJDO RE &\VWRERUV QXU RGHU /LFKWMDKUHYRQLKUHU:HOWHQWIHUQWLVW6LHKDEHQQRFKQLFKWHLQPDOVWHOODUH5DXPIDKUW´ ³'DEHL VLQG VLH LQGLUHNWH1DFKNRPPHQ GHU /HPXUHU GLH HLQVW HLQ ULHVLJHV 6WHUQHQLPSHULXPEHVDHQ(VLVWHUVFKWWHUQGZLHZHQLJGLH.KD]DHUKHXW]XWDJHYRQ 7HFKQLN YHUVWHKHQ ,FK EHJUHLIH QLFKW GD VLH VHLW ]ZHLKXQGHUW -DKUHQ DOV PDQ VLH HQWGHFNWHMHGHV(QWZLFNOXQJVSURJUDPPDEOHKQHQ6LHN|QQWHQKHXWHVR]LYLOLVLHUWVHLQ ZLHZLUDXI3ORSKRVRGHUDXIDQGHUHQ]LYLOLVLHUWHQ3ODQHWHQ´ ³6LH VLQG ]LYLOLVLHUW¶ ZLGHUVSUDFK GHU 6LJDQHVH ³0DQ EUDXFKW NHLQH KRFKHQWZLFNHOWH7HFKQLNXPHLQHKRFKVWHKHQGH=LYLOLVDWLRQDXI]XEDXHQ%HGHQNHQ6LH ELWWHZLHEHUDXVUHLQOLFKGLH%HZRKQHUYRQ.KD]DVLQG0DMRU´ ³6LHKDEHQHLQHQ%DGHILPPHO´HUZLGHUWH5\QNLZDOJHULQJVFKlW]LJ³:HQQLFKPLU YRUVWHOOH GD LFK LQ PHLQHP +DXV DXI 3ORSKRV HLQH :DVVHUVFKOHXVH EHVlH LQ GHU MHGHU%HVXFKHUQDFNWKLQGXUFKJHKHQPWH´ 3O|W]OLFKOlFKHOWHHU ³+P 'DV HU|IIQHW DOOHUGLQJV DXFK DQJHQHKPH 3HUVSHNWLYHQ :HQQ EHLVSLHOVZHLVH´ ³%LWWH 0DMRU´ VDJWH &DSWDLQ 1DWVL 9HQLFH HPS|UW ³%LWWH MD .RPPHQ 6LH LQ PHLQHU *HJHQZDUW QLFKW DXI VFKOSIULJH 7KHPHQ $XFK ZHQQ 6LH PHLQ 9RUJHVHW]WHU VLQGUHLQPHQVFKOLFKJHVHKHQEHUHFKWLJW6LHGDVNHLQHVZHJV]X9HUVW|HQJHJHQGLH JXWHQ6LWWHQ´ ³$EHU LFK KDWWH GRFK QRFK JDU QLFKWV JHVDJW´ SURWHVWLHUWH GHU 3ORSKRVHU VFKZDFK ³1HLQDEHULFKNHQQHGLHVFKPXW]LJH3KDQWDVLHYRQ7HUUDQHUQ3ORSKRVHUQXQG lKQOLFKHQ]XJURJHUDWHQHQµ3ULPDWHQ¶´

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

&HUNXVK 5\QNLZDO OlFKHOWH NDXP PHUNOLFK XQG ]RJ VHLQ =LJDUUHQHWXL DXV GHU %UXVWWDVFKH VHLQHU %RUGNRPELQDWLRQ (U QDKP HLQH VFKZDU]H =LJDUUH KHUDXV EL GLH 6SLW]HDEXQGVSXFNWHVLH]LHOVLFKHULQGHQ$EIDOOYHUQLFKWHU ³)DOOVGHU5DXFK6LHVW|UHQVROOWHVFKOLHHQ6LHELWWH,KUHQ'UXFNKHOP&DSWDLQ´ VDJWHHU]X9HQLFH ³0VVHQ6LHGHQQXQEHGLQJWUDXFKHQ"´IUDJWHGHU6LJDQHVHYRUZXUIVYROO ³1HLQ DEHU LFK P|FKWH UDXFKHQ²XQG MHGHU 0HQVFK KDW $QVSUXFK DXI IUHLH (QWIDOWXQJVHLQHU3HUV|QOLFKNHLW´ 1DWVL9HQLFHPXUPHOWHHWZDVYRQ/HXWHQGLHHLQH$QVDPPOXQJYRQVFKOHFKWHQ *HZRKQKHLWHQPLW³3HUV|QOLFKNHLW´YHUZHFKVHOWHQXQGVFKORVHLQHQ'UXFNKHOP 5\QNLZDO]QGHWHVHLQH=LJDUUHDQXQGEOLHVGHQ5DXFKJHJHQGLHGXUFKVLFKWLJH .DQ]HOZDQGXQJGHU8ZLHGLH6SDFH-HWKLHGLHHUNRPPDQGLHUWH 1DFKGHQNOLFK PXVWHUWH GHU 3ORSKRVHU GLH EODJHOEH 6RQQH GLH QRFK LPPHU LP HOHNWURQLVFKHQ=LHONUHLVGHV5HOLHIVFKLUPHVOHXFKWHWH'HU6WHUQ5DWRV(ERUZXUGHYRQ IQI 3ODQHWHQ XPNUHLVW GLH DOOHUGLQJV ZlKUHQG GHV /LQHDUPDQ|YHUV QLFKW ]X VHKHQ ZDUHQ (LQHU GHU IQI 3ODQHWHQ KLH .KD]D XQG .KD]D ZDU HLQH GHU GUHL :HOWHQ DXI GHQHQHLQEHVWLPPWHVRUJDQLVFKHV*LIWYRUNDP (LQ *LIW PLW GHP DXI HLQHP 3ODQHWHQ GHV &\VWRERUV6\VWHPV HLQ KDUPORVHU SORSKRVLVFKHU 3URVSHNWRU HUPRUGHW ZRUGHQ ZDU²VR ZLH YLHOH 0HQVFKHQ HUPRUGHW ZRUGHQ ZDUHQ ZHLO VLH LUJHQGZLH ]XU .RORQLVLHUXQJ GHV &\VWRERUV6\VWHPV EHLJHWUDJHQKDWWHQRGHUEHLWUDJHQZROOWHQ 5\QNLZDOUROOWHGLH=LJDUUH]ZLVFKHQVHLQHQ/LSSHQLQGHQDQGHUHQ0XQGZLQNHO GDQQQDKPHUVLHLQGLH+DQGXQGVSLHHLQSDDU7DEDNNUPHODXV 1HLQ DXI .KD]D ZUGH PDQ NHLQH 6SXU GHU JHKHLPQLVYROOHQ 0|UGHU ILQGHQ (UVWHQVNDQQWHQGLH9|ONHUGLHVHV3ODQHWHQEHUKDXSWNHLQH5DXPIDKUWXQG]ZHLWHQV ODJ GDV &\VWRERUV6\VWHP YLHO ]X QDKH DQ 5DWRV(ERU 'LH 9HUEUHFKHU GLH VLFK GHV W|GOLFKHQ *LIWHV EHGLHQWHQ ZUGHQ HV YRQ HLQHU GHU EHLGHQ DQGHUHQ²ZHLW YRQ &\VWRERUVHQWIHUQWHQ:HOWHQJHKROWKDEHQGDPLWPDQLKQHQQLFKWVROHLFKWDXIGLH6SXU NDP /RUGDGPLUDO$WODQKDWWHDXVGLHVHQhEHUOHJXQJHQKHUDXV]XGHQEHLGHQDQGHUHQ *LIWZHOWHQ VWlUNHUH 6RQGHUNRPPDQGRV JHVFKLFNW DOV QDFK .KD]D GDV QXU GHU 9ROOVWlQGLJNHLWKDOEHUDXIJHVXFKWZHUGHQVROOWH 'HU0DMRU]RJKHIWLJDQVHLQHU=LJDUUHXQGKOOWHVLFKLQJUDXH5DXFKZRONHQ $EUXSW VFKOHXGHUWH HU GLH =LJDUUH LQ GHQ $EIDOOYHUQLFKWHU VFKDOWHWH VHLQHQ $UPEDQG7HOHNRPDXIGLH%RUG+HOPIXQNIUHTXHQ]XQGVDJWH ³hEHUQHKPHQ 6LH GDV 6FKLII &DSWDLQ 9HQLFH LFK PX PLW GHU +DXSWSRVLWURQLN HLQLJH %HVSUHFKXQJHQ DQVWHOOHQ $EHU YHUJHVVHQ 6LH QLFKW GD ZLU LQ HWZD ]HKQ 0LQXWHQLQGHQ1RUPDOUDXP]XUFNJHKHQPVVHQ´ ³:RIUKDOWHQ6LHPLFK´VFKLPSIWHGHU6LJDQHVH ³.HLQ.RPPHQWDU´JDE&HUNXVK5\QNLZDONXU]DQJHEXQGHQ]XUFN(UVFKQDOOWH VLFK ORV JLQJ ]XP (LQJDEHSXOW GHU +DXSWSRVLWURQLN VHW]WH VLFK GDYRU XQG EHUOHJWH 'DQQJOLWWHQVHLQH)LQJHUEHUGLH6HQVRU7DVWDWXU $OV GLH 8 LQ GHQ 1RUPDOUDXP ]XUFNVWU]WH ZDU 0DMRU 5\QNLZDO VHKU QDFKGHQNOLFK JHZRUGHQ (U VFKRE GLH OHW]WH $QWZRUWIROLH GHU 3RVLWURQLN LQ VHLQH %UXVWWDVFKH VHW]WH VLFK LQ VHLQHQ 6HVVHO ]XUFN XQG EHREDFKWHWH HLQH =HLW ODQJ GHQ 6LJDQHVHQGHUGLH6FKLIIVNRQWUROOHQPLW+LOIHHLQHVVSH]LHOOHQ.RPPDQGRLPSXOVJHEHUV

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

EHGLHQWH 'DQDFK ZDQGWH GHU 3ORSKRVHU VLFK GHQ 'DWHQDXI]HLFKQXQJHQ ]X (U VDK GD VHLQH 6SDFH-HW ZLH JHSODQW LQQHUKDOE GHV 5DWRV(ERU6\VWHPV XQG ]ZDU ]ZLVFKHQ GHQ%DKQHEHQHQGHVIQIWHQXQGYLHUWHQ3ODQHWHQLQGHQ(LQVWHLQ5DXP]XUFNJHNHKUW ZDU 1DWVL 9HQLFH VWHXHUWH GDV 6FKLII LQ ZHLWHP %|JHQ LQ GLH %DKQHEHQH GHV YLHUWHQ 3ODQHWHQ KLQHLQ 'HU YLHUWH 3ODQHW VHOEVW HQW]RJ VLFK GHU GLUHNWHQ %HREDFKWXQJ HU VWDQG LQ 2SSRVLWLRQ ]XU 6SDFH-HW $EHU HU ZDU DXFK QLFKW LQWHUHVVDQW 'LH 862 LQWHUHVVLHUWHVLFKQXUIUGHQ]ZHLWHQ3ODQHWHQ &HUNXVK5\QNLZDOULHIVLFKGLH'DWHQEHU.KD]DLQV*HGlFKWQLV:lKUHQGHLQHU +\SQRVFKXOXQJZDUHQLKPXQGVHLQHQIQI0lQQHUQGLHZLFKWLJVWHQ,QIRUPDWLRQHQEHU GLHVH :HOW JHJHEHQ ZRUGHQ GLH YRQ GHU (UGH XQG YRQ 4XLQWR&HQWHU /LFKWMDKUHHQWIHUQWZDU .KD]D ZlUH ZLH NDXP HLQH DQGHUH :HOW IU GLH %HVLHGOXQJ GXUFK 0HQVFKHQ JHHLJQHW JHZHVHQ²ZHQQ GLH WHUUDQLVFKHQ )RUVFKXQJVNRPPDQGRV YRU UXQG ]ZHLKXQGHUW -DKUHQ QLFKW HLQH NXOWXUHOO NRFKHQWZLFNHOWH HLQJHERUHQH %HY|ONHUXQJ YRUJHIXQGHQKlWWH (LJHQWOLFKJDEHVQLFKWQXUHLQH%HY|ONHUXQJDXI.KD]DVRQGHUQGHUHQYLHUGLH JURHQ EHUZLHJHQG VFKODQNHQ %HZRKQHU GHV .RQWLQHQWV 1LJKPDQ GLH NOHLQHUHQ YLHUVFKU|WLJHQ %HZRKQHU GHV .RQWLQHQWV =DNRW GLH VFKZDU]KlXWLJHQ :LOGHQ GHU 1RUGUHJLRQXQGGLHDIIHQDUWLJEHKDDUWHQ³0XVNHO]ZHUJH´GHU6GUHJLRQ .DXP ]X JODXEHQ GD DOOH YLHU 6SLHODUWHQ GLH LQGLUHNWHQ 1DFKNRPPHQ OHUQXULVFKHU0HQVFKHQZDUHQ 5\QNLZDOVHXI]WHXQGPXVWHUWHGLHOHXFKWHQGHQ)HOGHUGHU2UWXQJVDQ]HLJHQ ³:LUVLQGGDVHLQ]LJH6FKLIIKLHU´VDJWHHU ³'DV 5DWRV(ERU6\VWHP LVW VR OHHU ZLH HLQ YRQ (UWUXVHUQ JHSOQGHUWHU .KOVFKUDQN´ZDUI/HXWQDQW.ZLFKGHU)XQNHUHLQ ³+P´PDFKWH5\QNLZDOQXU 1DWVL9HQLFHEOLFNWHVHLQHQ9RUJHVHW]WHQYRQGHU6HLWHDQ ³6LH VLQG UHFKW HLQVLOELJ 0DMRU JDU QLFKW ZLH 6LH VHOEHU 6LH EUWHQ GRFK HWZDV DXVQLFKWZDKU"+lQJWHVPLWGHQ%HUHFKQXQJHQ]XVDPPHQGLH6LHPLWGHU3RVLWURQLN GXUFKIKUWHQ"´ 0DMRU 5\QNLZDO JLQJ QLFKW GDUDXI HLQ VRQGHUQ DNWLYLHUWH GDV HOHNWURQLVFKH /RJEXFKXQGVDJWHODQJVDPXQGGHXWOLFK ³(LQWUDJXQJ (V VSULFKW 0DMRU 5\QNLZDO 1DFK 6WDQGDUG]HLW LVW HV 8KU DP6HSWHPEHU'LH8EHILQGHWVLFKZHLVXQJVJHPlLQQHUKDOEGHV5DWR (ERU6\VWHPV XQG QlKHUW VLFK HLQHU :DUWHEDKQ GLH LGHQWLVFK PLW GHP LQ 2SSRVLWLRQ VWHKHQGHQ YLHUWHQ 3ODQHWHQ LVW 'LH (QWIHUQXQJ ]XP 3ODQHWHQ .KD]D EHWUlJW ´ HU EHXJWH VLFK YRU XP GLH HQWVSUHFKHQGH $QJDEH DEOHVHQ ]X N|QQHQ ³ 0LOOLRQHQ .LORPHWHU´ (UVFKZLHJXQGVFKDOWHWHGDV/RJEXFKDE ,PQlFKVWHQ0RPHQW]XFNWHHUNDXPPHUNOLFK]XVDPPHQ'LH2UWXQJVDXWRPDWLN KDWWHHLQDNXVWLVFKHV3RVLWLY6LJQDOJHJHEHQ &HUNXVK 5\QNLZDO VDK EHU GHP +\SHUNRP HLQH /HXFKWSODWWH LQ NXU]HQ ,QWHUYDOOHQEOLQNHQ /HXWQDQW 3URQN GHU YRU GHP +\SHUNRPJHUlW VD GUFNWH DXI YHUVFKLHGHQH 7DVWHQ .RQWUROODPSHQ EOLW]WHQ DXI GDQQ VXUUWH GLH $XVZXUIDXWRPDWLN GHV

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

'HNRUGLHUVHNWRUV(LQH)ROLHJOLWWKHUDXV ³/HVHQ6LHYRU/HXWQDQW´EHIDKO0DMRU5\QNLZDO ³(V KDQGHOW VLFK XP GHQ YRUVFKULIWVPlLJ NRGLHUWHQ XQG JHUDIIWHQ +\SHUNRPVSUXFK HLQHV 8626SH]LDOLVWHQ 6LU´ HUZLGHUWH /HXWQDQW 3URQN DXIJHUHJW ³$EHUGHU.RGHLVWGUHLXQGGUHLLJ-DKUHDOW'HU'HNRGLHUVHNWRU³ ³.HLQH ODQJDWPLJHQ (UNOlUXQJHQ´ VDJWH 5\QNLZDO VFKDUI ³:LH KHLW GHU $EVHQGHUXQGZLHODXWHWVHLQH0HOGXQJ"´ ³'HU $EVHQGHU LVW 6SH]LDOLVW
hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

4XLQWR&HQWHUZHQQZLUGHQ=ZLVFKHQUDXP]ZHFNV2ULHQWLHUXQJVPDQ|YHUYHUODVVHQ´ ³:LUGJHPDFKW6LU´VDJWH3URQN 5\QNLZDOQLFNWHZDQGWHVLFKVHLQHQ.RQWUROOHQ]XXQGPXUPHOWH ³-HW]W JHKW HV GHQ 9HUEUHFKHUQ DQ GHQ .UDJHQ 1XU VFKDGH GD ZLU QLFKW GHQ (LQVDW]DXI.KD]DGXUFKIKUHQZHUGHQ´ ³:DUXP QLFKW 0DMRU"´ IUDJWH 1DWVL 9HQLFH ³(V N|QQWH GRFK VHLQ GD GHU /RUGDGPLUDOXQVGDPLWEHDXIWUDJWZHLOZLUGLHHQWVFKHLGHQGH,QIRUPDWLRQPLWEULQJHQ´ &HUNXVK5\QNLZDOVFKWWHOWHGHQ.RSI ³'DYRQ OlW VLFK $WODQ QLFKW EHHLQIOXVVHQ LFK ZHWWH HU VFKLFNW 7HNHQHU XQG .HQQRQQDFK.KD]DVHLQHEHLGHQ6XSHUGHWHNWLYH´ ³1HLGLVFK"´IUDJWH9HQLFH ³1HLQ´DQWZRUWHWH5\QNLZDODXIULFKWLJ³:HQQ3DWVHUV0|UGHUPLWGHQ&\VWRERUV 0RUGHQ]XWXQKDEHQZUGHQZLUEHLGHXQVDXI.KD]DQXUGLH)LQJHUYHUEUHQQHQ´

0HLQ )UHXQG 5RQDOG 7HNHQHU NQDOOWH GLH .DUWHQ DXI GHQ 7LVFK XQG VDJWH YHUlUJHUW ³0LWGLUVSLHOHLFKQLFKWPHKU6LQFODLU'XEHQXW]WMDGHLQH+LOIVSRVLWURQLN ,FKZ|OEWHGLH%UDXHQ ³,VW HV HWZD YHUERWHQ VHLQHQ .|USHU EHLP 3RNHUQ ]X EHQXW]HQ² EH]LHKXQJVZHLVHHLQH3URWKHVHGLHGHQ.|USHUHUVHW]W"´ ³1DWUOLFK QLFKW´ 5RQDOG ZLUNWH DXVJHVSURFKHQ EHOODXQLJ ³$EHU GHU (LQVDW] HLQHU3RVLWURQLNYHUVFKDIIWGHP%HQXW]HUXQDQJHPHVVHQH9RUWHLOH´ ,FKJULQVWHXQGZDUIPHLQH.DUWHQHEHQIDOOVDXIGHQ7LVFK ³1LHPDQG YHUELHWHW GLU HLQH 0LNUR3RVLWURQLN LQ GHLQHQ +LUQNDVWHQ HLQVHW]HQ ]X ODVVHQ3ODW]KDVWGXHEHQIDOOVJHQJHQGGDULQ$OVR´ 0HLQ)UHXQGXQG3DUWQHUOlFKHOWHZLHGHU ³'DQNH GDQNH DEHU VWDWW HLQHU 0LNUR3RVLWURQLN ZHUGH LFK PLU OLHEHU HLQHQ 3RVLWURQIHOG'HIRUPDWRUHLQVHW]HQODVVHQXQGLKQMHGHVPDOGDQQHLQVFKDOWHQZHQQLFK PLWGLUSRNHUH´ ,FKVHXI]WHXQGHUZLGHUWHVFKHLQKHLOLJ ³6FKDGH GDQQ ZHUGHQ ZLU NQIWLJ ZRKO EHLGH DXVVFKOLHOLFK XQVHUHQ HLJHQHQ ,QWHOOHNWHLQVHW]HQPVVHQ=ZDUZUGHVWGXGDQQMHGHVPDOYHUOLHUHQDEHU´ ,FK VFKZLHJ DOV GHU ,QWHUNRPPHOGHU LQ 5RQDOGV 8QWHUNXQIW VXPPWH 0HLQ 3DUWQHUZDQGWHVLFK]XGHP*HUlWXQGDNWLYLHUWHHVPLWWHOV%OLFNVFKDOWXQJ ,P7ULYLGHRNXEXVHUVFKLHQ$WODQV2EHUN|USHU'HU$UNRQLGHZLUNWHHUQVW ³:LH LFK VHKH LVW ,KU 3DUWQHU EHL ,KQHQ 6SH]LDOLVW 7HNHQHU´ VDJWH XQVHU &KHI ³%LWWH NRPPHQ 6LH EHLGH JOHLFK ]X PLU LQ GHQ *HKHLPVHNWRU ,FK PX HLQHQ (LQVDW] SODQHQIUGHQ6LHEHLGHJHQDXGLHULFKWLJHQ6SH]LDOLVWHQVLQGZLHLFKHVVHKH´ ³:LUNRPPHQVRIRUW/RUGDGPLUDO´YHUVLFKHUWH5RQDOG 'HU 7ULYLGHRNXEXV HUORVFK 0HLQ )UHXQG ZDQGWH VLFK XP XQG ZLU VDKHQ XQV EHGHXWVDPDQ ³'DKDWHVZLHGHUHLQPDOLUJHQGZRODXWJHNOLQJHO´PHLQWH5RQDOG³6DJWGLUGHLQH 0L3RQLFKWZRUXPHVJHKW"´ ³:LH NRPPVW GX GDUDXI GD VLH HV PLU QLFKW VDJWH´ PHLQWH LFK PLW JHVSLHOWHU

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

9HUZXQGHUXQJ ³6HOEVWYHUVWlQGOLFK VDJW VLH HV PLU (V NDQQ VLFK QXU XP HLQH $QJHOHJHQKHLW YRQ JU|WHU %HGHXWXQJ KDQGHOQ²XQG GDV LVW ]XU =HLW GLH &\VWRERUV 0RUGVHULH'DLQGLHVHU6DFKHLQGUHL6RQQHQV\VWHPHQHUPLWWHOWZLUGLVWDQ]XQHKPHQ GDHLQHVXQVHUHU(UNXQGXQJVNRPPDQGRVHLQHKHLH6SXUJHIXQGHQKDW´ :lKUHQG LFK VSUDFK ZDU LFK DXIJHVWDQGHQ 5RQDOG VDJWH QLFKWV ]X PHLQHQ hEHUOHJXQJHQ (U ZXWH VLFKHU UHFKW JXW GD LFK GHUDUWLJH *HGDQNHQDUEHLW QLFKW PHLQHU 0LNUR3RVLWURQLN EHUODVVHQ ZUGH 6FKOLHOLFK ZDU LFK QRFK LPPHU GHU EHVWH .RVPR.ULPLQDOLVWGHU862 :LU EHJDEHQ XQV GXUFK GHQ UHJHQ %HWULHE GHU LP :RKQWUDNW YRQ 4XLQWR&HQWHU KHUUVFKWH ]X MHQHP 6HNWRU GHU QXU YRQ HLQHP EHJUHQ]WHQ .UHLV YRQ 6SH]LDOLVWHQ EHWUHWHQ ZHUGHQ GXUIWH +LHU ZXUGHQ 'LQJH YRQ K|FKVWHU *HKHLPKDOWXQJVVWXIH EHVSURFKHQ JHSODQW XQG DXVJHZHUWHW XQG SRVLWURQLVFK JHVWHXHUWH $QODJHQ VRUJWHQ GDUGDNHLQ8QEHIXJWHUGLHVHQ6HNWRUEHWUDW $XHUGHP ZXUGH MHGHU 6FKULWW MHGHV %HIXJWHQ ]X MHGHU =HLW EHUZDFKW 5RQDOG XQGLFKZXWHQ%HVFKHLGREZRKOQXUGLHVSH]LHOOHQ0HJHUlWHPHLQHU9ROOSURWKHVHKLQ XQGZLHGHUYHUUlWHULVFKH,PSXOVHUHJLVWULHUWHQ 'HU&KHIGHU8QLWHG6WDUV2UJDQLVDWLRQYHUWUDXWHXQV²MHGHQIDOOVZHLWJHKHQG $OV ZLU GLH *UHQ]H GHV *HKHLPVHNWRUV EHUVFKULWWHQ HUW|QWH HLQ PHORGLVFKHU *RQJ XQG HLQH ³ZHLEOLFKH´ 5RERWHUVWLPPH HUNOlUWH XQV LQ ZHOFKHP 5DXP $WODQ XQV HUZDUWHWH .XU]GDUDXIVWDQGHQZLUGHP8QVWHUEOLFKHQJHJHQEHU ³9HUIJHQ 6LH ELWWH EHU GLH 6HUYRURERWHU GLHVHV 5DXPHV PHLQH +HUUHQ´ HUNOlUWH GHU /RUGDGPLUDO OLHEHQVZUGLJ ³7ULQNHQ 6LH UDXFKHQ 6LH RGHU EHVWHOOHQ 6LH HLQHQNXU]HQ,PEL´ ³,FK EUDXFKH QXU HLQ .lQQFKHQ *HOHQNVFKPLHUPLWWHO IU PHLQH 9ROOSURWKHVH´ VDJWHLFK³6HLWNXU]HPTXLHWVFKWPHLQOLQNHV%HLQZHQQLFKPLFKVFKQHOOEHZHJH´ $WODQVDKPLFKSUIHQGDQGDQQODFKWHHU$QVFKHLQHQGZDUHUVLFKEHLPLUQLH YRQYRUQKHUHLQVLFKHURELFKHLQH%HPHUNXQJHUQVWPHLQWHRGHUQLFKW 0HLQ 3DUWQHU EHVWHOOWH VLFK HLQHQ %HFKHU .DIIHH XQG HLQH =LJDUUH 'DQQ VDHQ ZLU$WODQLQEHTXHPHQ6HVVHOQJHJHQEHU ³,FKIDVVHPLFKNXU]´HUNOlUWHGHU$UNRQLGH³GHQQZLUVWHKHQXQWHU=HLWGUXFN6LH ZLVVHQ GD GUHL (UNXQGXQJVNRPPDQGRV QDFK GHQ GUHL 6RQQHQV\VWHPHQ JHVFKLFNW ZXUGHQ LQ GHQHQ GDV *LIW YRUNRPPW GXUFK GDV GHU 3URVSHNWRU DXI +HPDOV JHW|WHW ZXUGH 9RU GUHL 6WXQGHQ HUKLHOW LFK GLH 1DFKULFKW GD LQ HLQHP GHU IUDJOLFKHQ 6RQQHQV\VWHPHHLQHKHLH6SXUJHIXQGHQZXUGH´¶ ³9RUGUHL6WXQGHQ"´IUDJWH5RQDOG(UOHJWHQLFKWGHQJHULQJVWHQ9RUZXUILQVHLQH 6WLPPHDEHUGLH:RUWHJHQJWHQ ³5LFKWLJ´ HUZLGHUWH $WODQ ³,FK LQIRUPLHUH 6LH GHVKDOE MHW]W HUVW ZHLO LFK GLH 0HOGXQJ HLQGHXWLJ DXVJHZHUWHW VHKHQ ZROOWH 'D]X PXWH LFK GDV OXQDUH *URJHKLUQ 1$7+$1HLQVFKDOWHQ´ ³8P GLH 0HOGXQJ HLQHV 6SH]LDOLVWHQ.RPPDQGRV DXV]XZHUWHQ"´ IUDJWH LFK JHGHKQW (LQIOFKWLJHV/lFKHOQ]XFNWHXP$WODQV0XQGZLQNHO ³1DWUOLFK QLFKW 2EZRKO ZHQQ PDQ HV JHQDX EHWUDFKWHW GLH EHWUHIIHQGH

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

0HOGXQJ DXFK YRQ HLQHP 8626SH]LDOLVWHQ VWDPPW $OOHUGLQJV VWDQGHQ ZLU HLQLJH -DKU]HKQWHQLFKWPHKULQ9HUELQGXQJPLWLKP´ ³'DQQ KDQGHOW HV VLFK XP GHQ JHVFKXOWHQ (LQJHERUHQHQ HLQHU WHFKQLVFK NDXP HQWZLFNHOWHQ:HOWDQGHUGDV,QWHUHVVHYRUOlQJHUHU=HLWHUORVFK"´HUNXQGLJWHLFKPLFK ³-D´DQWZRUWHWHGHU/RUGDGPLUDO³'HU0DQQKHLW
hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

HEHQ²YHUJOLFKHQPLWGHP'XUFKVFKQLWWV6LJDQHVHQ²HLQULFKWLJHU6DWDQVEUDWHQ 'HU /RUGDGPLUDO DNWLYLHUWH GLH $EVSLHODQODJH XQG ZLU K|UWHQ GLH YRQ .HXFKHQ XQWHUEURFKHQH6WLPPH
hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

5RQDOGVHXI]WH ³9LHOLVWMDDQGHP%XUVFKHQQLFKWGUDQ´EHUOHJWHHUODXW³DEHULQGHU1RWIULW GHU7HXIHO)OLHJHQZDUXPGDQQQLFKWDXFK6LJDQHVHQ´ %LJ%HQZDUQDKHGDUDQLQGLH/XIW]XJHKHQ 'RFK $WODQV VDFKOLFKH $UW EUDFKWH XQV VFKQHOO ZLHGHU ]XP HLJHQWOLFKHQ *UXQG XQVHUHV+LHUVHLQV]XUFN'HU862&KHIHUWHLOWHNQDSSHXQGSUl]LVH,QVWUXNWLRQHQ²XQG ZHQLJH 0LQXWHQ VSlWHU ODJ LFK EHUHLWV DXI GHP 2SHUDWLRQVWLVFK XQVHUHU 0DVNHQWHFKQLNHU

1DFKHLQHUIDVWGUHL7DJH6WDQGDUG]HLWGDXHUQGHQ3UR]HGXUJHVWDWWHWHPDQPLU HQGOLFKZLHGHUPLFKLQHLQHP)HOGVSLHJHO]XEHWUDFKWHQ 'XUFKHLQH9HUOlQJHUXQJGHU%HLQHPHLQHU9ROOSURWKHVHXP]ZDQ]LJ=HQWLPHWHU ZDULFK0HWHUJUR=XVlW]OLFKHV=XFKWSODVPDXQG%LRPROSODVWKDWWHGLHRUJDQLVFK OHEHQGH9HUNOHLGXQJHEHQIDOOV YHUlQGHUW0HLQH+DXWZDUMHW]WVFKZDU]ZLH(EHQKRO] GLH6FKXOWHUQZDUHQEUHLWXQGGLHVWDUNHQ0XVNHOEQGHOVSLHOWHQEHLMHGHU%HZHJXQJ ,FK WUXJ QXU HLQHQ OHGHUQHQ PLW )DUEHQ DXV 3IODQ]HQVlIWHQ EHPDOWHQ /HQGHQVFKXU] 8QVHU &KHI 0DVNHQWHFKQR HLQ GUHLHLQKDOE 0HWHU ODQJHU YRJHOJHVLFKWLJHU ;\KDUHWUDWKLQWHUPLFKVRGDLFKLKQLP)HOGVSLHJHOVHKHQNRQQWH ³:LHJHIlOOW,KQHQ,KUHQHXH.|USHUPDVNH6SH]LDOLVW.HQQRQ"´IUDJWHHUPLWGHP OHLFKW ]ZLWVFKHUQGHQ %HLNODQJ VHLQHU 6WLPPH DQVRQVWHQ DEHU LQ HLQZDQGIUHLHP ,QWHUNRVPR ³1XQLFKKDEHVFKRQ6FKOLPPHUHVJHWUDJHQ´HUZLGHUWHLFK'DEHLPXWHLFKDQ GLHVFKDXGHUKDIWH0DVNHGHV:LVVHQVFKDIWOHUV/RUE:H\WFKHQGHQNHQGLHLFKZlKUHQG XQVHUHU$NWLRQJHJHQGLH&RQGRV9DVDFHLQPDOJHWUDJHQKDWWH'DJHJHQZDUGLHGHV NKD]DLVFKHQ1RUGODQGZLOGHQVXSHUE ³$XI .KD]D ZHUGHQ 6LH 6FXVRQ 1RWNXU KHLHQ´ HUNOlUWH GHU ;\KDUH ³(LQ VHKU NXU]HU1DPHDEHUHUOlWVLFKZHQLJVWHQVJXWPHUNHQ´ ³-HGHQIDOOVEHVVHUDOV,KUHU´HQWJHJQHWHLFK6HLQ1DPHZDUHLQHPLQXWHQODQJH )ROJH YRQ ]ZLWVFKHUQGHQ JXUUHQGHQ XQG VFKQDO]HQGHQ 7|QHQ GLH NHLQ QRUPDOHU 0HQVFKVLFKPHUNHQRGHUJDUQDFKDKPHQNRQQWH ³6FXVRQ+RWNXU´ZLHGHUKROWHLFK³:HQLJVWHQVEULFKWPDQVLFKGDEHLQLFKWGLH *HKLUQZLQGXQJHQ:HOFKHQ1DPHQKDWGHQQPHLQ3DUWQHU7HNHQHUHUKDOWHQ"´ ³(UZLUG7¶DEDQ7HQWKUHGRKHLHQ6SH]LDOLVW.HQQRQ´ ³6FKLFN´ ³$EHU DXFK QLFKW YLHO OlQJHU DOV ,KU 1DPH 'DV LVW GDV¶ 5lWVHOKDIWH DQ GHQ =LYLOLVDWLRQHQGLHLKUHQ8UVSUXQJLQGHUOHPXULVFKHQ0HQVFKKHLWKDEHQ'LH3HUVRQHQ WUDJHQ VR NXU]H 1DPHQ GD PDQ VLH DXI NXOWXUHOO KRFKVWHKHQGHQ 3ODQHWHQ Y|OOLJ LJQRULHUHQ ZUGH +DOWHQ 6LH PLFK ELWWH QLFKW IU NRQVHUYDWLY 6SH]LDOLVW .HQQRQ ,FK KDEH9HUVWlQGQLVIUGLH$QJHK|ULJHQGHUZHQLJHQWZLNNHOWHQ9|ONHUDEHU´ (U ]XFNWH JHNRQQW GLH 6FKXOWHUQ REZRKO GDV HLQH DXI ;\KDUH XQJHEUlXFKOLFKH *HVWH ZDU 1DWUOLFK ZROOWH HU QXU SURYR]LHUHQ GHQQ VHLQ 9RON ZDU GXUFKDXV QLFKW ZHLWHU HQWZLFNHOW DOV EHLVSLHOVZHLVH GDV WHUUDQLVFKH 7DWVDFKH ZDU DOOHUGLQJV GD DXI ;\KDUH HLQH 3HUVRQ HUVW PLW HLQHP PLQGHVWHQV ]HKQ 6HNXQGHQ ODQJHQ 1DPHQ

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

JHVHOOVFKDIWVIlKLJZXUGH 5RQDOGV $XIWULWW YHUKLQGHUWH GD LFK XQVHUHP &KHI0DVNHQWHFKQR HLQH GHSULPLHUHQGH$QWZRUWHUWHLOWH0HLQ)UHXQGXQG3DUWQHUNDPGXUFKHLQH1HEHQWUXQG ZLQNWHPLU]X (UKDWWHVHLQH*U|HYRQ0HWHUQEHLEHKDOWHQGUIHQ$OOHUGLQJVZlUHHVEHL LKP DXFK HLQ ZHQLJ NRPSOL]LHUWHU JHZHVHQ DOV EHL PLU GLH .|USHUJU|H XP ]ZDQ]LJ =HQWLPHWHU]XYHUlQGHUQ$QVRQVWHQJOLFKHUPLUZLHHLQ%UXGHU ³:LHJHKWHVGLU"´ULHIHU ³:LH HLQHP 8626SH]LDOLVWHQ NXU] YRU HLQHP VFKZLHULJHQ (LQVDW]´ DQWZRUWHWH LFK 'HU;\KDUHODFKWHREZRKOLFKOHGLJOLFKGLHUHLQH:DKUKHLWJHVDJWKDWWH (V NQDFNWH DOV GLH /DXWVSUHFKHU GHU 5XQGUXIDQODJH VLFK HLQVFKDOWHWHQ $WODQV 6WLPPHVDJWH ³'LH 6SH]LDOLVWHQ 7HNHQHU .HQQRQ XQG %LJ %HQ 6SHFLDO ZHUGHQ JHEHWHQ XPJHKHQGGLH0HPR5lXPHDXI]XVXFKHQ´ ³'D NDQQ PDQ QLFKWV PDFKHQ´ PHLQWH 5RQDOG ³*HKHQ ZLU DOVR´ (U PXVWHUWH PLFKYRQ.RSIELV]XGHQ)HQ³*URELVWGXJHZRUGHQ6LQFODLU´ ,FK ODFKWH XQG VHW]WH LKP VFKHU]KDIW GLH )DXVW DXI GLH 5LSSHQ GDQQ ZLQNWH LFK GHP&KHI0DVNHQWHFKQR]XXQGJLQJ 'HU /RUGDGPLUDO HUZDUWHWH XQV LQ GHP 9RUUDXP YRQ GHP DXV PDQ ]X GHQ 0HPR5lXPHQJHODQJWH%LJ%HQ6SHFLDOZDUEHUHLWVGD(UWUXJNHLQH0DVNHVRQGHUQ VDKDXVZLHLPPHU ³(VLVWDOOHVEHUHLWIUGHQhEHUWUDJGHU(LQVDW],QVWUXNWLRQHQ´VDJWH$WODQHUQVW ³:HQQ6LHDXVGHQ0HPR5lXPHQNRPPHQZLUGDOOHVLQ,KUHP*HGlFKWQLVYHUDQNHUW VHLQZDV6LHDXI.KD]D²XQGVSH]LHOODXIGHP.RQWLQHQW1LJKPDQ²EUDXFKHQN|QQHQ HLQVFKOLHOLFKGHU6SUDFKHQ 'D GLH %HZRKQHU .KD]DV YRQ DNRQLVFKHQ 6LHGOHUQ DEVWDPPHQ OHKQHQ VLFK EHLGH+DXSWVSUDFKHQGHV3ODQHWHQDQGLH DNRQLVFKH $EDUW GHV /HPXULVFKHQDQDEHU GLH6SUDFKHQGHUEHLGHQ%DUEDUHQY|ONHUKDEHQVLFKGRFK]LHPOLFKZHLWGDYRQHQWIHUQW 6LH ZHUGHQ LQ HUVWHU /LQLH GLH 6SUDFKH GHU 1LJKPDQHQ XQG GHU 1RUGODQG %DUEDUHQEHQ|WLJHQXQGGDV:LVVHQEHUWUDJHQEHNRPPHQGDVHLQVWUHEVDPHU:LOGHU EUDXFKWZHQQHULP5HLFKGHU1LJKPDQHQVHLQ%URWYHUGLHQHQZLOO´ 5RQDOGGHXWHWHPLWGHP'DXPHQDXIGHQ6LJDQHVHQGHUDXIHLQHP6FKDOWWLVFK VWDQGXQGXQVKHUDXVIRUGHUQGPXVWHUWH ³8QG ZDV LVW PLW GHP .QLUSV /RUGDGPLUDO" 6ROO HU VLFK HEHQIDOOV DOV .ULHJHU YHUGLQJHQ"´ ³6SH]LDOLVW %LJ %HQ ZLUG YRUHUVW ZLHGHU PLW VHLQHU (LQVDW]EDVLV LQ .HQQRQV 9ROOSURWKHVH YRUOLHE QHKPHQ PVVHQ´ DQWZRUWHWH $WODQ ³$EHU VHOEVWYHUVWlQOLFK HUKlOW HUHEHQIDOOVPHPRWHFKQLVFKDOOHV:LVVHQVZHUWHEHUWUDJHQ%LWWHVXFKHQ6LHMHW]W,KUH 5lXPHDXI%LVVSlWHU´ :lKUHQG LFK GHQ IU PLFK YRUJHVHKHQHQ 5DXP DXIVXFKWH XQG PLFK XQWHU GLH hEHUWUDJXQJVKDXEH GHU 0HPR$SSDUDWXU OHJW GDFKWH LFK DQ GHQ (LQVDW] DXI +HPDOV ]XUFN 'HU ]ZHLWH 3ODQHW GHV &\VWRERUV6\VWHPV ZDU HLQ µ3DUDGLHV JHZHVHQ EHYRU GLH 0|UGHU2UJDQLVDWLRQ ]XJHVFKODJHQ KDWWH -HW]W ZDU HU HLQH 6HXFKHQK|OOH 'LH VRJHQDQQWH+HPDOV6HXFKHKDWWHGUHL6SH]LDOLVWHQGDV/HEHQJHNRVWHWXQGLQ]ZLVFKHQ ZDKUVFKHLQOLFKGHQJU|WHQ7HLOGHU7LHUZHOWGDKLQJHUDIIW

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

:HQQ LFK GLH 9HUEUHFKHU IDQG GLH GDIU YHUDQWZRUWOLFK ZDUHQ GDQQ ZUGH LFK QLFKWHKHUUXKHQDOVELVLFKVLHLQVLFKHUHQ*HZDKUVDPJHEUDFKWKDWWH 0LWWHQ LQ GLHVH hEHUOHJXQJHQ KLQHLQ VSUDFK HLQH PHORGLVFK JHIlUEWH 5RERWVWLPPH GLH $XIIRUGHUXQJ PLFK ]X HQWVSDQQHQ XQG PLFK DXI GLH ,QIRUPDWLRQV hEHUWUDJXQJYRU]XEHUHLWHQ $OVLFKPHLQHQ0HPR5DXPYHUOLHZXWHLFKHLQHHUKHEOLFKH0HQJHPHKUDOV ]XYRU,FKZDUVLFKHUGDLFKPHLQH5ROOHDOV1RUGODQGZLOGHU.KD]DVJODXEKDIWZUGH VSLHOHQN|QQHQ 'HU /RUGDGPLUDO EDW XQV5RQDOG %LJ %HQ XQG PLFK²DEHUPDOV LQ HLQHQ %HVSUHFKXQJVUDXP 'RUW PDFKWH HU XQV PLW HLQHP TXDGUDWLVFK JHEDXWHQ HSVDOLVFKHQ 6SH]LDOLVWHQEHNDQQWGHP0DMRUGHU862)ORWWH5RQQL].DSXUDW ³0DMRU .DSXUDW LVW .RPPDQGDQW GHU .RUYHWWH 8. HUOlXWHUWH $WODQ ³(U ZLUG 6LHPLWVHLQHP6FKLIILQV5DWRV(ERU6\VWHPEULQJHQ´ 'HU 8PZHOWDQJHSDWH YRQ (SVDO QLFNWH HLIULJ 6HLQ EUHLWHV *HVLFKW JOlQ]WH DOV ZlUHHVHLQJH|OW ³$OOHUGLQJVVROOGLH8.QLFKWDXI.KD]DODQGHQ´IXKU$WODQIRUW³6LHZLUG²XQG ]ZDU QXU IU ZHQLJH 6HNXQGHQ 'DXHU²EHU GHP 3ODQHWHQ LP 1RUPDOUDXP YHUKDUUHQ XQG GDQQ ZLHGHU YHUVFKZLQGHQ :lKUHQG GHU =HLW PX GDV (LQVDW]NRPPDQGR DEJHVHW]WZHUGHQ´ ³0LWHLQHU$WPR/LQVH´ZDUI5RQQL].DSXUDWHLQ ³'lPSIHQ 6LH JHIlOOLJVW ,KUH 6WLPPH´ VFKULH %LJ %HQ LKQ PLWWHOV 9HUVWlUNHU DQ ³6LH]HUUHLHQMDPHLQH]DUWHQ7URPPHOIHOOH6LH8UPHQVFK´ ³'DJHJHQ OlW VLFK HWZDV WXQ´ PHLQWH .DSXUDW IUHXQGOLFK²XQG VWOSWH HLQHQ *ODVVLWEHFKHUEHUGHQ6LJDQHVHQ +lWWH GHU /RUGDGPLUDO QLFKW EHJWLJHQG HLQJHJULIIHQ ZHU ZHL ZDV XQVHU UDFKVFKWLJHU%LJ%HQJHWDQKlWWH0DMRU.DSXUDWPHUNWHRIIHQEDUJDUQLFKWLQZHOFKHU *HIDKUHUJHVFKZHEWKDWWH $WODQZDUIGHQ*ODVVLWEHFKHULQGHQQlFKVWHQ$EIDOOYHUQLFKWHUXQGVDJWH ³%LWWH NRQ]HQWULHUHQ ZLU XQV QXU DXI GHQ (LQVDW] .KD]D 6LH 0DMRU .DSXUDW GlPSIHQELWWH,KUH6WLPPHXQG6LH6SH]LDOLVW%LJ%HQGHQNHQELWWHJHQDXQDFKREZLU QLFKWQRFKHWZDVYHUJHVVHQKDEHQ´ (UOlFKHOWHIOFKWLJ ³'LH6SH]LDODXVUVWXQJZXUGHEHUHLWV]XVDPPHQJHVWHOOW:LUJHKHQVLHQDFKKHU JHPHLQVDP GXUFK ,FK KDEH GDIU JHVRUJW GD VLH PLW GHQ $XVUVWXQJHQ LQ 3DWVHUV +DXSWVWW]SXQNWHUZHLWHUWZHUGHQNDQQ,QHLQH$WPR/LQVHEHNRPPWPDQEHNDQQWOLFK QXUHLQHHQJEHJUHQ]WH0HQJH0DWHULDOKLQHLQ´ ,FKUlXVSHUWHPLFK 6RYLHO LFK VDK ZDUHQ GLH 9RUEHUHLWXQJHQ IU GHQ (LQVDW] DEJHVFKORVVHQ ,Q HLQHP VROFKHQ 6WDGLXP DEHU EUDFKWH LFK NHLQH *HGXOG PHKU IU HYHQWXHOOH 9HU]|JHUXQJHQDXI ³:DQQVWDUWHQZLU6LU"´IUDJWHLFKGHQ/RUGDGPLUDO $WODQVDKDXIVHLQHQ$UPEDQG&KURQRJUDSKHQ ³,QJHQDXHOI6WXQGHQJHKWHVORV´YHUVLFKHUWHHU

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

³(VLVWDOOHVLQ2UGQXQJVRZHLWVLFKGDVYRQKLHUDXVIHVWVWHOOHQOl´YHUVLFKHUWH 0DMRU.DSXUDW :LU ZDUHQ PLW PHKUHUHQ /LQHDUPDQ|YHUQ LQ GHU 1lKH GHV 5DWRV(ERU6\VWHPV DQJHNRPPHQ'DVQlFKVWH/LQHDUPDQ|YHUVROOWHXQVELVGLFKWDQGLH$WPRVSKlUHGHV 3ODQHWHQ .KD]D EULQJHQ XQG GHU $EVWLHJ ZUGH PLW HLQHU VRJHQDQQWHQ $WPR/LQVH HUIROJHQ %LJ %HQ 6SHFLDO EHIDQG VLFK EHUHLWV LQ VHLQHP 9HUVWHFN LP 8QWHUOHLE PHLQHU 9ROOSURWKHVH ³'DQQ ZHUGHQ ZLU MHW]W GLH /LQVH EHVWHLJHQ´ PHLQWH 5RQDOG ³%ULQJHQ 6LH XQV QLFKW]XZHLWDQGLH/XIWKOOHKHUDQGDPLWHVNHLQHVWDUNHQ7XUEXOHQ]HQJLEW´ 5RQQL].DSXUDWODFKWH ³,FK ZHUGH 6LH JHQDX ULFKWLJ DEVHW]HQ´ 6HLQ *HVLFKW ZXUGH HUQVW ³$EHU VHLHQ 6LH YRUVLFKWLJ DXI .KD]D :HQQ VLFK GRUW GLH 'UDKW]LHKHU GHU &\VWRERUV0RUGH DXIKDOWHQZHUGHQVLH0DQDKPHQJHJHQP|JOLFKH$JHQWHQJHWURIIHQKDEHQ´ ,FKZLQNWHLKP]X ³:LUVHKHQXQVVSlWHUZLHGHU´ 'DPLW YHUOLHHQ 5RQDOG XQG LFK GLH .RPPDQGR]HQWUDOH GHU .RUYHWWH XQG EHJDEHQXQVLQGHQ6FKOHXVHQKDQJDULQGHPXQVHUH$WPR/LQVHVWDQG 'HU $XVGUXFN ³/LQVH´ ZDU QLFKW JDQ] NRUUHNW GHQQ GHU )OXJN|USHU KDWWH NDXP bKQOLFKNHLW PLW HLQHU /LQVH RGHU HLQHP 'LVNXV (U ZDU XQJHIlKU VR JHIRUPW ZLH GLH WHUUDQLVFKHQ 5DXPJOHLWHU GHU SUlNRVPLVFKHQ (SRFKH 0DQ KDWWH GLH *HUlWH DXFK 3DUDJOHLWHU JHQDQQW DEHU VLH ZDUHQ QLH ULFKWLJ ]XP =XJH JHNRPPHQ GD GLH $XVQXW]XQJGHUDUNRQLGLVFKHQ6XSHUWHFKQLNGLH9HUIROJXQJGLHVHU(QWZLFNOXQJVULFKWXQJ HUEULJWH 8QVHU $WPRVSKlUHQJOHLWHU ZDU DFKW 0HWHU ODQJ PD[LPDO GUHL 0HWHU EUHLW XQG PD[LPDO KRFK²GDV KRKH 6HLWHQOHLWZHUN QLFKW PLWJHUHFKQHW (U NRQQWH DXI GHPHQWVSUHFKHQGJHIRUPWHQ5XPSILQQHUKDOEHLQHUHUGlKQOLFKHQ$WPRVSKlUH³VHJHOQ´ RKQH GD UHJHOUHFKWH 7UDJIOlFKHQ QRWZHQGLJ JHZHVHQ ZlUHQ ,P 8QWHUVFKLHG ]X SUlNRVPLVFKHQ 5DXPJOHLWHUQ EHVD HU MHGRFK HLQ VRJHQDQQWHV $WPR 7XUERWKHUPWULHEZHUNGDVQDFKGHPDOWEHNDQQWHQ3XOVDWLRQVSULQ]LSDUEHLWHWH 5RQDOGXQGLFKVWLHJHQHLQXQGOLHHQGDV.DQ]HOGDFK]XIDKUHQGDQQVFKQDOOWHQ ZLUXQVDXI.RQWXUVLW]HQDQ'LHXPIDQJUHLFKH&KHFNOLVWHKDWWHQZLUVFKRQZlKUHQGGHV HUVWHQ /LQHDUPDQ|YHUV DEJHWDVWHW VR GD ZLU XQV GDUDXI NRQ]HQWULHUHQ NRQQWHQ GHQ *HUlXVFKHQLQQHUKDOEGHU.RUYHWWH]XODXVFKHQ 'HXWOLFK K|UWH LFK GDV NUDIWYROOH 'U|KQHQ GHV +DXSW$WRPNUDIWZHUNHV ]ZLVFKHQ GHQ DQGHUHQ $UEHLWVJHUlXVFKHQ KHUDXV 'DQQ NDP GDV MlKH $XIEUOOHQ GHV .DOXS .RQYHUWHUVGD]XGDVVLFKDEHUEDOG]XHLQHPJOHLFKPlLJHQ7RVHQYHUULQJHUWH :LUEHIDQGHQXQVLP=ZLVFKHQUDXP 5RQDOGXQGLFKEOLFNWHQXQVVWXPPDQGDQQVFKORVVHQZLUGLH'UXFNKHOPH,FK QDKPGHQ,PSXOVNQSSHOLQGLH+DQG $OVGDV7RVHQGHV/LQHDUWULHEZHUNVDEEUDFKZXUGHQZLUDXFKVFKRQGXUFKGDV EOLW]VFKQHOO JH|IIQHWH +DQJDUWRU JHVFKRVVHQ :LU UDVWHQ LQ JHQDX YRUEHUHFKQHWHP :LQNHO DXI GLH $WPRVSKlUH ]X WDXFKWHQ HLQ 6WFN HLQ XQG ZXUGHQ GDQQ YRQ GHU YRP 5XPSI NRPSULPLHUWHQ /XIW ZLHGHU HPSRUJHKREHQ *OHLFK HLQHP IODFK DXI HLQH :DVVHUREHUIOlFKHJHZRUIHQHQ6WHLQVFKQHOOWHQZLUPHKUPDOVLQGHQ:HOWUDXP]XUFN EHYRUZLUHQGJOWLJLQGLH$WPRVSKlUHVDQNHQ 1XQNDPHVGDUDXIDQVRJHQDXZLHP|JOLFKEHLP+DXSWVWW]SXQNW
hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

QLHGHU]XJHKHQ DOVR EHL GHU 3\UDPLGHQUXLQH DP )X GHU .LU]W%HUJH VG|VWOLFK GHU QLJKPDQVFKHQ+DXSWVWDGW9HUWRUR ,FKVDKEHUGLH6FKXOWHU]XUFNDEHUYRQGHU8.ZDUQDWUOLFKQLFKWVPHKU ]XVHKHQ6LHKDWWHXQVPLWWHOV$EVWRIHOGDXVGHP+DQJDUNDWDSXOWLHUWXQGZDUHUQHXW LQGHQ=ZLVFKHQUDXPJHJDQJHQXPLQXQPLWWHOEDUHU6RQQHQQlKHDXI:DUWHSRVLWLRQ]X JHKHQ6RZDUHVMHGHQIDOOVDEJHVSURFKHQZRUGHQXQGLFKNRQQWHQXUKRIIHQGDDOOHV SODQJHPlYHUOLHI 8QVHUH $WPR/LQVH EHZHJWH VLFK DQWULHEVORV LQ JURHU +|KH EHU GHQ 1RUGNRQWLQHQW .KD]DV GHQ HLQ]LJHQ .RQWLQHQW GHU Q|UGOLFKHQ +DOENXJHO 'LH EULJHQ GUHL.RQWLQHQWHODJHQDOOHDXIGHUVGOLFKHQ+DOENXJHO ,FK NRUULJLHUWH GHQ .XUV JDQ] OHLFKW EHQXW]WH GD]X DEHU QXU GDV 6HLWHQUXGHU GDPLW QLHPDQG DXI .KD]D XQV PLWWHOV (QHUJLHRUWXQJ DQPHVVHQ NRQQWH 6HNXQGHQODQJ VFKLHQVLFKGLH/DQGIOlFKHXQWHUXQVVFKQHOOZHJ]XGUHKHQGDQQVWDQGGDV%LOGZLHGHU UHODWLYVWLOO:LUEHUIORJHQGLH.VWHGHVYHUKlOWQLVPlLJNOHLQHQ1RUGNRQWLQHQWV8QWHU XQVODJHLQHJHZDOWLJH:DVVHUZVWHGHUHQWURVWORVHU$QEOLFNQXUGXUFKZHQLJHNOHLQH ,QVHOQDXIJHORFNHUWZXUGH 9RQXQVHUHP=LHOJHELHWZDUQRFKQLFKWV]XVHKHQ,FKEOLFNWHIUDJHQG]X5RQDOG KLQEHUDEHUPHLQ3DUWQHUVFKWWHOWHQXUPLWGHP.RSI $OVR ]HLJWH XQVHUH 3DVVLY2UWXQJ QLFKWV DQ ZDV DXI GLH $NWLYLWlW YRQ .HUQNUDIWPDVFKLQHQ KLQGHXWHWH 2IIHQEDU EHVFKUlQNWHQ VLFK GLH XQEHNDQQWHQ KHLPOLFKHQ +HUUVFKHU .KD]DV WDWVlFKOLFK DXI GDV *HELHW XP GHQ .UDWHU GHV GXQNOHQ 0RQGHV ZLH 3DWVHU EHULFKWHW KDWWH 0LW SDVVLYHQ 2UWXQJVPHWKRGHQ NRQQWHQ ZLU DOOHUGLQJVQLFKWEHUGHQ6LFKWKRUL]RQWEOLFNHQ 1DFKHLQLJHU=HLWNDPGHU6GNRQWLQHQWLQ6LFKWHLQH/DQGPDVVHYRQGHU*U|H GHV WHUUDQLVFKHQ *U|QODQGV GLH JOHLFK HLQHU HWZDV DXVJHIUDQVWHQ UXQGHQ .DSSH EHU GHP6GSROODJ :LU EHUIORJHQ GLHVHQ .RQWLQHQW QLFKW VRQGHUQ OLHHQ LKQ VHLWOLFK OLHJHQ XQG MDJWHQLQQXU]ZDQ]LJ.LORPHWHU+|KHDXIGHQVRJHQDQQWHQ2VWNRQWLQHQW]X ,P *UXQGH JHQRPPHQ PXWH EHL GHU HLJHQWPOLFKHQ *HRJUDSKLH .KD]DV HLQH 8QWHUVFKHLGXQJ LQ :HVW XQG 2VWNRQWLQHQW LPPHU ZLOONUOLFK HUIROJHQ 'LHVH EHLGHQ +DXSWNRQWLQHQWHWHLOWHQVLFKGDVJU|WH*HELHWGHUVGOLFKHQ+DOENXJHOLQGHPVLHVLH ZLH]ZHL+lQGHXPVFKORVVHQXQG]ZLVFKHQVLFKQXU]ZHL0HHUHVDUPHIUHLOLHHQ 8QVHUH2ULHQWLHUXQJZXUGHGXUFKGHQ8PVWDQGHUOHLFKWHUWGDXQVHU=LHOJHELHW DP VGOLFKHQ )X HLQHV VHKU KRKHQ *HELUJVPDVVLYV ODJ LQ GHU *HU|OOZVWH YRU GHQ .LU]W%HUJHQ 6FKRQ DXV JURHU (QWIHUQXQJ VDKHQ 5RQDOG XQG LFK GLH YRQ (LV XQG 6FKQHH EHGHFNWHQ *LSIHO GHV *HELUJHV 1RUGZHVWOLFK GDYRQ PXWH 9HUWRUR GLH +DXSWVWDGWGHV2VWNRQWLQHQWVOLHJHQ'RFKZLUZDUHQEHUHLWV]XWLHIXPVLHVHKHQ]X N|QQHQ :LHGHU HLQPDO ZXUGH PLU EHZXW ZLH VRUJIlOWLJ XQVHU &KHI VHLQH 6SH]LDOLVWHQ DXI HLQHQ (LQVDW] YRUEHUHLWHWH DOV LFK GLH VRJHQDQQWHQ %LVRQK|UQHU VDK (V KDQGHOWH VLFKXP]ZHLKRUQDUWLJQDFKREHQJHULFKWHWHUXQG]HKQ.LORPHWHUDXVHLQDQGHUVWHKHQGH )HOVHQWUPH GLH VLFK VFKZDU] YRU GHP :HL GHV *LSIHOPHHUHV GHU .LU]W%HUJH DEKREHQ :lKUHQG GHU +\SQRVFKXOXQJ ZDU PLU HLQJHSUlJW ZRUGHQ GD LFK GLH 2UWXQJVQDVHGHU$WPR/LQVHQXUJHQDX]ZLVFKHQGHQEHLGHQ³%LVRQK|UQHUQ´]XKDOWHQ EUDXFKWHXPGDVYRUJHVHKHQH/DQGHJHELHW]XHUUHLFKHQ

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

$OOHUGLQJVVWHOOWHLFKNXU]GDUDXIIHVWGDXQVHUH+|KH]XJHULQJZDU,FKZUGH VLHPLW+LOIHGHV$WPR7XUERWKHUPWULHEZHUNHVNRUULJLHUHQPVVHQ 1DFKGHP GLH 0LNURSRVLWURQLN PHLQHU 9ROOSURWKHVH GLH HUIRUGHUOLFKHQ 'DWHQ HUUHFKQHW KDWWH VFKDOWHWH LFK GDV NOHLQH )XVLRQVNUDIWZHUN GHV *OHLWHUV HLQ 'LHVH 6SH]LDODQIHUWLJXQJ HU]HXJWH HLQ VHNXQGlUHV $EVRUEHUIHOG GDV HLQH 6WUHXVWUDKOXQJ ZHLWJHKHQGYHUKLQGHUWHXQGGLH)UHPGRUWXQJGDGXUFKHUKHEOLFKHUVFKZHUWH $OV ZLU LQ QXU QRFK GUHLKXQGHUW 0HWHUQ +|KH EHU GLH *HU|OOZVWH IORJHQ DNWLYLHUWHLFKGDV$77ULHEZHUN 'HU *OHLWHU ZXUGH LQ GHP $XJHQEOLFN YRQ HLQHU LPDJLQlUHQ )DXVW QDFK YRUQ JHVWRHQLQGHPLFKGDVKHOOH=LUSHQGHV)UHPGRUWXQJVPHOGHUVYHUQDKP :LUZDUHQYRQIUHPGHQ2UWXQJVLPSXOVHQJHWURIIHQZRUGHQ 'RFK LP JOHLFKHQ 0RPHQW YHUVWXPPWH GDV EHGURKOLFKH =LUSHQ ZLHGHU ,QIROJH GHUMlKHQ%HVFKOHXQLJXQJZDUGHU*OHLWHUGHP(UIDVVXQJVEHUHLFKGHU2UWXQJIDVWVRIRUW ZLHGHUHQWNRPPHQ ,FK GUFNWH GDV )DKU]HXJ WLHIHU XP HLQH QHXHUOLFKH $QPHVVXQJ P|JOLFKVW ]X YHUKLQGHUQ9RUXQVVFKLHQGDV*HELUJHI|UPOLFKLQGHQ+LPPHO]XZDFKVHQ *HJHQEHU GHP JHZDOWLJHQ *HELUJVPDVVLY QDKP VLFK GLH ]HUIDOOHQH 3\UDPLGH ZLH HLQ JUDXEUDXQHV +lXIFKHQ 6FKPXW] DXV 'LH 5XLQH ZDU K|FKVWHQV QRFK DFKW]LJ 0HWHUKRFKHLQYHUZDKUORVWHU6WHLQKDXIHQXPGHQJUDXZHLJHILHGHUWH9|JHONUHLVWHQ 'HU 9RJHOVFKZDUP VWRE DXIJHVFKHXFKW GDYRQ DOV LFK PLW GHP $77ULHEZHUN DEEUHPVWH XQG GLH 6WLOOH EHU GHU :VWH GXUFK ODXWHV 3IHLIHQ +HXOHQ XQG 5|KUHQ ]HUUL ,FKVHW]WHXQVHU)DKU]HXJ]ZHLGUHLYLHUWHO0HWHUYRUGHU6GNDQWHGHV]HUIDOOHQHQ %DXZHUNVDXIVFKDOWHWHGLH%RUGV\VWHPHDXVXQGVDJWH ³:LU VLQG JHQDX DXI GHP EHZXWHQ 3XQNW JHODQGHW PHLQ +HUU 6LH GUIHQ VLFK ORVVFKQDOOHQXQGUDXFKHQVRZLH,KUµ6HVDP|IIQHGLFK¶JHEUDXFKHQ´ 5RQDOG ODFKWH O|VWH VHLQH +DOWHJXUWH XQG ]RJ HLQHQ VWDEI|UPLJHQ ,PSXOVVFKOVVHOKHUYRU ³,FKKRIIHGDV,PSXOVVFKORGHV6WW]SXQNWHVIXQNWLRQLHUWQRFKPLW+LOIHGHVYRU VHFK]LJ-DKUHQHLQJHJHEHQHQ.RGHV´ ³/DXW
hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

³:HQQ,PLUDOVRNOXJLVWZLH3DWVHULKQEHVFKULHEHQKDWZLUGHUVLFKNDXPRIIHQ ]HLJHQ=XPLQGHVWZLUGHUDEZDUWHQXQGEHREDFKWHQ:LUVLQGIULKQ)UHPGHGHQHQHU QLFKWRKQHZHLWHUHVYHUWUDXHQGDUI6LQFODLU´PHLQWH5RQDOG 'DVZDUPLUDOOHUGLQJVDXFKNODU'DHVRKQH:LEHJLHUNHLQHHFKWH,QWHOOLJHQ] JDE ZUGH HU GDIU JHVRUJW KDEHQ GD HU GHQ YRQ VHLQHP +HUUQ DQJHIRUGHUWHQ ³)UHPGHQDXVGHP:HOWDOO´LUJHQGZDQQEHJHJQHWH ³$OVR VWHLJHQ ZLU DXV XQG VHKHQ ZLU XQV XP´ HUNOlUWH LFK ³9LHOOHLFKW KDW ,PLUDO HLQH1DFKULFKWKLQWHUODVVHQ´ ³2GHUXQVHLQH)DOOHJHVWHOOW¶PHLQWH5RQDOGPLWUDXLVFK ,FKOlFKHOWH ³:HVKDOE VROOWH HU" $EHU YRUVLFKWVKDOEHU NDQQVW GX MD GHQ *OHLWHU EHZDFKHQ ZlKUHQG LFK PLFK LP 6WW]SXQNW XPVHKH GDQQ JHUlW GHU QHXJLHULJH %XUVFKH QLFKW LQ 9HUVXFKXQJGDVµ6WHUQHQVFKLII¶DXV]XSURELHUHQ9RUDXVJHVHW]WHUKlOWVLFKEHUKDXSW LP6WW]SXQNWDXI´ ³(LQYHUVWDQGHQ´HUZLGHUWH5RQDOG ,FKVWLHJDXV9RUOlXILJEHKLHOWLFKPHLQHQ862.DPSIDQ]XJQRFKDQ (LQH6WHOOHGHU+DQJDUZDQGZDUPLWHLQHPEXQWHQ7HSSLFKYHUKDQJHQGHU]ZHL 9|JHOPLW$QWLORSHQN|SIHQGDUVWHOOWH0HLQHQ,QIRUPDWLRQHQ]XIROJHKDQGHOWHHVVLFKXP =RRQ,FKRUWHWHPLWGHQ*HUlWHQPHLQHU9ROOSURWKHVHHLQHQ*DQJKLQWHUGHP7HSSLFK XQGDOVLFKLKQ]XU6HLWHVFKREIDQGLFKGDV0HHUJHEQLVEHVWlWLJW ,FKIROJWHGHPVFKPDOHQ7XQQHODXV*ODVIDVHUEHWRQELV]XHLQHP3DQ]HUVFKRWW (V |IIQHWH VLFK DXI GLH ,PSXOVH PHLQHV .RGHJHEHUV KLQ 'DKLQWHU ODJ HLQH 6FKOHXVHQNDPPHU ,FK VXFKWH LQ PHLQHQ ,QIRUPDWLRQHQ IDQG DEHU NHLQH EHU GLHVH 6FKOHXVH 0LU ZDU QLFKW NODU ZR]X VLH EHUKDXSW GLHQWH GHQQ GLH /XIWKOOH GHV 3ODQHWHQ .KD]D XQWHUVFKLHGVLFKQLFKWYRQGHUDQGHUHUYRQ0HQVFKHQEHZRKQWHQ3ODQHWHQ 6FKXOWHU]XFNHQG ZDUWHWH LFK DE GD GDV $XHQVFKRWW VLFK VFKOR XQG GDV ,QQHQVFKRWWVLFK|IIQHWH'DV$XHQVFKRWWVFKORVLFKQDFKNQDSSHLQHUKDOEHQ0LQXWH DEHUGDV,QQHQVFKRWWEOLHEZHLWHUKLQJHVFKORVVHQ .XU]GDUDXIVFKRJHOEOLFKJHIlUEWHVVFKlXPHQGHVXQGGXIWHQGHV:DVVHUDXV ]DKOORVHQNOHLQHQgIIQXQJHQLQGHQ:lQGHQ(VVWLHJUDVFKXQGXPVSOWHEDOGPHLQH :DGHQ ,FKEHJULII 'DV ZDU NHLQH /XIW EH]LHKXQJVZHLVH *DVVFKOHXVH VRQGHUQ HLQH :DVVHUVFKOHXVH RKQH GLH VHOEVW GLH lUPOLFKVWH %HKDXVXQJ DXI .KD]D QLFKW GHQNEDU ZDUMHGHQIDOOVQLFKWEHLGHQ1LJKPDQHQXQG=DNRWHUQ'LH$QJHK|ULJHQGLHVHU9|ONHU EDGHWHQEHLMHGHUVLFKELHWHQGHQ*HOHJHQKHLWXQGEHLGHQZRKOKDEHQGHQ.ODVVHQJLQJ GDVVRZHLWGDPDQVFKRQYRQHLQHPEHUVSLW]WHQ5HLQOLFKNHLWVNXOWVSUHFKHQNRQQWH 6R PXWH EHLVSLHOVZHLVH MHGHU GHU HLQ +DXV EHWUDW Y|OOLJ QDFNW HLQH NDQDODUWLJH :DVVHUVFKOHXVHSDVVLHUHQ $OOHUGLQJV KlWWH LFK QLH GDUDQ JHGDFKW GD DXFK GHU 8626WW]SXQNW
hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

QLFKWGHU0DQQGHUXQVHLQH,QIRUPDWLRQYHUVHKHQWOLFKYRUHQWKLHOWH 'RFKGDQQVWXW]WHLFK 'HU $UNRQLGH ZDU DXFK QLFKW GHU 0DQQ GHU VLFK DOEHUQH 6SlH PLW VHLQHQ 6SH]LDOLVWHQ HUODXEWH²VFKRQ JDU QLFKW ZHQQ HV XP VR HUQVWH 'LQJH JLQJ ZLH DXI .KD]D (UKDWWHXQVGLHVHhEHUUDVFKXQJEHUHLWHWZHLOHUGDPLWHLQVHKUHUQVWHV$QOLHJHQ YHUIROJWH(UZROOWHXQVNODUPDFKHQGDZLUMHGHU]HLWDXIhEHUUDVFKXQJHQJHIDWVHLQ VROOWHQ XQG QLHPDOV GHQNHQ GXUIWHQ DXI .KD]D IXQNWLRQLHUH DOOHV JHQDXVR ZLH EHLVSLHOVZHLVHDXIGHU(UGH ³9LHOHQ 'DQN´ PXUPHOWH LFK VFKOR GHQ .DPSIDQ]XJ XQG OLH GDV 5HLQLJXQJVEDGEHUPLFKHUJHKHQ

1DFKGHP LFK GLH :DVVHUVFKOHXVH SDVVLHUW KDWWH JHODQJWH LFK ]X HLQHP PHFKDQLVFKHQ/LIWGHUPLFKUXQGKXQGHUW0HWHUDEZlUWVEHI|UGHUWH ,FKZDUIURKGDGLH6FKOHXVHHLQH+HLOXIWGVHHQWKLHOWXQGIUDJWHPLFKZLHGLH 1LJKPDQHQ VLFK WURFNQHWHQ ZHQQ VLH GXUFK HLQH :DVVHUVFKOHXVH JHJDQJHQ ZDUHQ :DKUVFKHLQOLFKEHQXW]WHQVLHVRXQK\JLHQLVFKH9RUULFKWXQJHQZLH+DQGWFKHU $OVLFKDXVGHU/LIWNDELQHVWLHJPDLFKPLWPHLQHQ2UWXQJVJHUlWHQ7DVWLPSXOVH DQ'DVZDUHLQNULWLVFKHU$XJHQEOLFNDEHULFKZDUGDUDXIYRUEHUHLWHW 'LHVH 862*HKHLPVWW]SXQNWH YRP 7\S 1XOO ZlUHQ DXVJHNOJHOWH 6WDQGDUGIDEULNDWH XQG ZXUGHQ VFKRQ VHLW PHKU DOV KXQGHUW -DKUHQ YHUZHQGHW (V JDE LP/DXIHGHU=HLWNDXP9HUEHVVHUXQJHQDEHUGLHQHXHQ$XVIKUXQJHQHQWKLHOWHQHLQH IUPLFKZHVHQWOLFKHbQGHUXQJ,KUH:DFKSRVLWURQLNHQZDUHQGDUEHULQIRUPLHUWGDHV HLQHQ6SH]LDOLVWHQPLWHLQHU9ROOSURWKHVHDXVWHLOZHLVHDQRUJDQLVFKHQ6XEVWDQ]HQJDE 1DWUOLFK HQWKLHOWHQ VLH GLHVH ,QIRUPDWLRQ QLFKW Z|UWOLFK VRQGHUQ LQ )RUP EHVWLPPWHU 5HDNWLRQVHLQVFKUlQNXQJHQ VR GD LFK GLH EHWUHIIHQGHQ 6WW]SXQNWH PLW DNWLYLHUWHU 0LNUR3RVLWURQLNXQGlKQOLFKHQYHUUlWHULVFKHQ'LQJHQEHWUHWHQGXUIWHRKQHDUUHWLHUW]X ZHUGHQ 'LHVHU6WW]SXQNWEHVDGLHEHWUHIIHQGHQ5HDNWLRQVHLQVFKUlQNXQJHQQLFKWZHLO HUYRUPHLQHU=HLWDOV9ROOSURWKHVHQWUlJHUHUEDXWXQGVSlWHUQLFKWEHQ|WLJWZRUGHQZDU %HYRU GLH :DFKSRVLWURQLN PLFK LQ HLQ )HVVHOIHOG KOOHQ RGHU HWZD JDU ZHLO VLH PLFKIUHLQHQJHWDUQWHQ5RERWHUKLHOWDXIO|VHQNRQQWHVDQGWHLFKHLQHQEHIHKOVPlLJ EHUJHRUGQHWHQ ,PSXOV DXV GHU GLH :DFKSRVLWURQLN YHUDQODWH PLFK DOV LKUHQ .RPPDQGHXUDQ]XHUNHQQHQ ,P QlFKVWHQ 0RPHQW |IIQHWH VLFK LQ GHU PLU JHJHQEHUOLHJHQGHQ :DQG HLQ 6FKRWWXQGLFKEOLFNWHLQGHQ6FKDFKWHLQHUJHUDGHQQXUVFKZDFKJHQHLJWHQ7UHSSH 1DFKGHP LFK GLHVH 7UHSSH VRZLH QRFK PHKUHUH DEJHVLFKHUWH *lQJH SDVVLHUW KDWWHJHODQJWHLFKLQGLH]HQWUDOH$QODJHGHV*HKHLPVWW]SXQNWHV ,Q]ZLVFKHQ KDWWH LFK PLW PHLQHP ,QGLYLGXDOVSUHU GLH JHVDPWH 8PJHEXQJ DEJHWDVWHW XQG ZDU ]X GHU hEHU]HXJXQJ JHODQJW GD ZHGHU ,PLUDO QRFK HLQ DQGHUHV LQWHOOLJHQWHV/HEHZHVHQVLFKLQGHU6WDWLRQEHIDQGHQ ,FKXQWHUULFKWHWHPHLQHQ3DUWQHUGDUEHU ³*XW¶ HUZLGHUWH 5RQDOG ³,FK NRPPH QDFK 6LQFODLU 'HQ *OHLWHU ZHUGH LFK DEHU GHQQRFKDEVLFKHUQ´

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

³,Q2UGQXQJ*XW6FKDXP´ 5RQDOGV*HVLFKWDXIGHPNOHLQHQ%LOGVFKLUPEOLHEVRXQEHZHJWZLHPHLVWDEHU HLQNDXPPHUNOLFKHV+HEHQGHU%UDXHQYHUULHWPLUZDVKLQWHUVHLQHU6WLUQYRUJLQJ ³:LHELWWH"´ ³$FKQLFKWVYRQ%HGHXWXQJ3DUWQHU´VJWHLFKJOHLFKJOWLJ³:LUWUHIIHQXQVLQGHU =HQWUDOH,FKZHUGHQDFKHLQHU1DFKULFKW,PLUDOVVXFKHQ´ 5RQDOGPXUPHOWHHWZDV8QIUHXQGOLFKHVXQGVFKDOWHWHDE 'RFKNXU]GDUDXIPHOGHWHHUVLFKZLHGHU ³'DV]DKOHLFKGLUKHLP´YHUVSUDFKHU ,FKJULQVWH ³$EHU SDVVHQG ELWWH LFK NDQQ QLFKW ZHFKVHOQ´ 'DPLW GHVDNWLYLHUWH LFK PHLQHQ 7HOHNRP $QVFKOLHHQGVXFKWHLFKGHQ0HGRUDXPDXI,FKIDQGJHQXJ%HZHLVHGDIUGD KLHUYRUHLQLJHQ7DJHQMHPDQGVHLQHVFKZHUHQ9HUOHW]XQJHQEHKDQGHOWKDWWH 0HLQH $FKWXQJ YRU
hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

HQWGHFNHQN|QQHQ+RIIHQWOLFKLVWGHU:LOGHQLFKWVSXUORVYHUVFKZXQGHQ´ 5RQDOGNUDW]WHVLFKQDFKGHQNOLFKDP+LQWHUNRSI ³'DV NDQQ LFK PLU QXU VFKZHU YRUVWHOOHQ 3DWVHU EHVFKULHE LKQ DOV LQWHOOLJHQW NDOWEOWLJJHULVVHQXQG]XYHUOlVVLJ´ (UVHXI]WH ³,FK EUDXFKH GULQJHQG HWZDV ]XU (QWNUDPSIXQJ 9LHOOHLFKW IlOOW PLU GDQQ HLQ ZR ,PLUDOGLH1DFKULFKWKLQWHUODVVHQKDEHQN|QQWH³ 5RQDOGEOLFNWHVLFKVXFKHQGXP ³2E3DWVHUGHQ]XU*UXQGDXVVWDWWXQJJHK|UHQGHQ:KLVN\VHOEHUJHWUXQNHQRGHU HLQ SDDU )ODVFKHQ EULJJHODVVHQ KDW" =XP 7\S 1XOO JHK|UW GRFK HLQ :RKQUDXP PLWYHUJODVWHP(LQEDXZDQGVFKUlQNFKHQIU$ONRKROLNDRGHU"´ ³6WLPPW´DQWZRUWHWHLFK 5RQDOG GUHKWH VLFK HLQPDO LP .UHLV XP VLFK ]X RULHQWLHUHQ GDQQ JLQJ HU ]LHOVLFKHULQGHQ:RKQUDXPGHU=HQWUDOH'LH(LQULFKWXQJEHVWDQGDXVHLQHU0LVFKXQJ WHUUDQLVFKHUXQGQLJKPDQLVFKHU(OHPHQWHDEHUGLHWHUUDQLVFKHQ(OHPHQWHEHUZRJHQ 8QGGDVYHUJODVWH(LQEDXVFKUlQNFKHQIHKOWHWDWVlFKOLFKQLFKW 5RQDOG |IIQHWH HV XQG VWLH HLQHQ IURKORFNHQGHQ 3ILII DXV DOV HU GLH %DWWHULH YHUVFKLHGHQHU )ODVFKHQ XQG *OlVHU VDK ,FK HUNDQQWH GDV DXHU PHKUHUHQ DQJHEURFKHQHQ )ODVFKHQ QRFK HLQH YHUVLHJHOWH )ODVFKH RULJLQDO WHUUDQLVFKHQ :KLVN\V YRUKDQGHQZDU 0HLQ)UHXQGJULII]XHUVWQDFKHLQHUKDOEYROOHQ:KLVN\IODVFKHGDQQVFKWWHOWHHU GHQ.RSIXQGQDKPGLHXQDQJHEURFKHQH)ODVFKHKHUDXV ³6LFKHULVWVLFKHU,FKZLOOOLHEHUQLFKWULVNLHUHQGDLFKHLQHQPLW*LIWYHUVHW]WHQ :KLVN\HUZLVFKH´ (UQDKPPLWGHUIUHLHQ+DQGGHQDXWRPDWLVFKHQgIIQHUDXVGHP:DQGVFKUDQN² XQGKLHOWSO|W]OLFKLQQH ³'DVROOGRFK´PXUPHOWHHUXQGODFKWHNXU] ³:DVLVW"´IUDJWHLFK 5RQDOGKLHOWPLUGLH)ODVFKHHQWJHJHQ ,FKYHUVWHOOWHGDV/LQVHQV\VWHPPHLQHUNQVWOLFKHQ$XJHQXQGVDKLPQlFKVWHQ $XJHQEOLFNGDVLFKDXIGHP2EHUWHLOGHU6LHJHONDSVHOHLQHZLQ]LJH(UK|KXQJEHIDQG 0HLQ3DUWQHUO|VWHVLHPLWGHP'DXPHQQDJHODE ³(LQH JHWDUQWH 0LNUR,QIRUPDWLRQVNDSVHO ,FK PX VDJHQ GLHVHU 1RUGODQGZLOGH ZLUGPLUDOOPlKOLFKV\PSDWKLVFK´ ³(UKDW0HQVFKHQNHQQWQLV´JDELFK]XUFN³'DHUQDFK3DWVHUV)XQNVSUXFKGLH $QNXQIW YRQ 6SH]LDOLVWHQ GHU 862 HUZDUWHWH YHUVWHFNWH HU GLH ,QIRUPDWLRQVNDSVHO DQ GHU HLQ]LJHQ 6WHOOH GLH YRQ 8626SH]LDOLVWHQ DXI NHLQHQ )DOO EHUVHKHQ ZHUGHQ ZUGH´ ³'XPHLQVW,PLUDOJODXEWDOOH8626SH]LDOLVWHQLQWHUHVVLHUWHQVLFKDQMHGHP2UW GHV8QLYHUVXPVLQHUVWHU/LQLHIU:DQGVFKUlQNFKHQPLW6FKQDSVIODVFKHQ"´ ,FKQLFNWH ³$EHUGDVVWLPPWGRFKJDUQLFKW´HPS|UWHHUVLFK ³:LHVRQLFKW"´IUDJWHLFKYHUZXQGHUW³'XELVW8626SH]LDOLVW²XQGGXKDVWGLFK JOHLFK QDFK GHLQHU $QNXQIW IU GDV :DQGVFKUlQNFKHQ PLW GHQ 6FKQDSVIODVFKHQ LQWHUHVVLHUW´ 5RQDOGVFKQDSSWHQDFK/XIWGDQQJULQVWHHU|IIQHWHGLH)ODVFKHXQGVHW]WHVLH

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

DQGLH/LSSHQ(UWUDQN]ZHL'DXPHQEUHLWHQXQGVWHOOWHGLH)ODVFKHZLHGHUZHJ ³:DV VROO GDV HLJHQWOLFK"´ YHUQDKP LFK EHU GHQ ,QWHUNRP GHU 9ROOSURWKHVH %LJ %HQV XQYHUVWlUNWHV 6WLPPFKHQ ³6LQG ZLU DXI .KD]D JHODQGHW RGHU QLFKW" :DUXP HUKDOWHLFKNHLQH,QIRUPDWLRQHQ",FKELQY|OOLJYRQGHU8PZHOWLVROLHUW´ ³*OHLFK GUIHQ 6LH KHUDXVNRPPHQ %LJ %HQ´ DQWZRUWHW LFK ³0|FKWHQ 6LH HLQHQ :KLVN\"´ ³(LQHQ "´ HUZLGHUWH GHU 6LJDQHVH JHGHKQW ³:ROOHQ 6LH PLU YRUVFKUHLEHQ ZLHYLHOLFKWULQNHQGDUI6SH]LDOLVW.HQQRQ"´ ,FKODFKWHVFKDOWHWHGHQ,QWHUNRPZLHGHUDEXQGVDJWH]XPHLQHP3DUWQHU ³2IIHQEDU KDW ,PLUDO GLH 8626SH]LDOLVWHQ GRFK ULFKWLJ HLQJHVFKlW]W %LJ %HQ VFKUHLWQDFK:KLVN\´ *HPHLQVDPKROWHQZLUGHQ6LJDQHVHQDXVVHLQHP9HUVWHFNLP8QWHUOHLEPHLQHU 9ROOSURWQHVH%LJ%HQ6SHFLDOEOLFNWHVLFKPLWZHLWDXIJHULVVHQHQ$XJHQXPXQGGHXWHW DXIGDV:DQGVFKUlQNFKHQ ³'RUW PWH GHU :KLVN\ VHLQ ZHQQ PHLQ SKlQRPHQDOHV *HGlFKWQLV QLFKW LUUW´ VFKULH HU²XQG GLHVPDO EHQXW]WH HU VHLQHQ HOHNWURQLVFKHQ 6WLPPYHUVWlUNHU ³%LWWH JLHHQ6LHPLUGRFKHLQ*OlVFKHQ:KLVN\HLQZHQQZHOFKHUYRUKDQGHQLVW6SH]LDOLVW .HQQRQ´ (U ]RJ HLQHQ )DOWEHFKHU DXV VHLQHP $XVUVWXQJVEHXWHO XQG KLHOW LKQ PLU HQWJHJHQ ³0XGDVVHLQ"´IUDJWHLFK 'HUZLQ]LJH.HUOUROOWHGLH$XJHQ ³,FKP|FKWHGRFKHLQPDONODUVWHOOHQGDLFKGHQ$ONRKROQXUDOVHQHUJLHUHLFKHV 1DKUXQJVPLWWHO EHWUDFKWH GDV ZHJHQ VHLQHU JQVWLJHQ $XIEHZDKUXQJV XQG 'DUUHLFKXQJVIRUPDOOJHPHLQEHOLHEWLVW´ ,FKJRLKPGHQ%HFKHUYROO:KLVN\ ³*XWHQ $SSHWLW %LJ %HQ $QVFKOLHHQG PVVHQ ZLU XQV DEHU XQVHUHU +DXSWDXIJDEHZLGPHQ´ 'HU6LJDQHVHOHHUWHVHLQHQ%HFKHUPLWHLQHP=XJGDQQHUNOlUWHHU ³$P EHVWHQ EHUODVVHQ 6LH DOOHV :HLWHUH PLU :lKUHQG LFK (UNXQGXQJ IOLHJH N|QQWHQ6LHKLHUHLQZHQLJDXIUlXPHQXQGVDXEHUPDFKHQ´ ,FKQLFNWHQDKP%LJ%HQXQGWUXJLKQ]XP:DQGVFKUlQNFKHQ ³'DV PLW GHP 6DXEHUPDFKHQ LVW HLQ JXWHU *HGDQNH +HUU .ROOHJH ,FK P|FKWH MHGRFKQLFKWGD6LHYHUVHKHQWOLFKPLWGHPEULJHQ6FKPXW]DXIJHVDXJWZHUGHQ$P EHVWHQZDUWHQ6LHKLHUGDQQNDQQ,KQHQQLFKWVSDVVLHUHQ´ 'DPLWVWHOOWHLFKLKQ]ZLVFKHQGLH)ODVFKHQXQGVFKORGDV6FKUlQNFKHQ 5RQDOGOlFKHOWHYHUVWRKOHQ ³6R´ VDJWH HU ³QXQ ZROOHQ ZLU PDO VHKHQ ZHOFKH 1DFKULFKWHQ ,PLUDO IU XQV KLQWHUODVVHQKDW´

,P7ULYLGHRNXEXVGHV$EVSLHOJHUlWHVELOGHWHVLFKGUHLGLPHQVLRQDOXQGIDUELJGHU 2EHUN|USHUHLQHVKQHQKDIWJHEDXWHQ0DQQHVDE8QWHUGHUHEHQKRO]VFKZDU]HQ+DXW VSLHOWHQGLH0XVNHOQ 'HU0DQQYHU]RJGDVNDQWLJH*HVLFKW]XHLQHPIUHXQGOLFKHQ/lFKHOQ ³,FK KRIIH GLH YRQ PLU KLQWHUODVVHQH ,QIRUPDWLRQVVSXOH ZLUG YRQ GHQ 862

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

6SH]LDOLVWHQ DEJHK|UW GLH PHLQ +HUU LQ VHLQHP OHW]WHQ %HULFKW EHU +\SHUNRP DQIRUGHUWH 0HLQ 1DPH LVW ,PLUDO GHU %HREDFKWHU XQG LFK EHJUH GLH )UHPGHQ DXV GHP$OO´ %HLQDKHKlWWHLFKJHDQWZRUWHW,PLUDOZLUNWHVRDOVVWQGHHUSHUV|QOLFKYRUPLU (UVSUDFK1LJKPDQLVFKPLWJXWWXUDOHP1RUGODQGDN]HQW ³$OV HUVWHV P|FKWH LFK´ IXKU GHU (LQJHERUHQH IRUW ³,KQHQ *HZLKHLW EHU
hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

%LJ%HQV*HVLFKWOLHIGXQNHOJUQDQ ³/DVVHQZLUGDV7KHPDIDOOHQMD"´VDJWHHUHUVFKWWHUW³,FKZHLJDUQLFKWPHKU ZRYRQZLUJHVSURFKHQKDWWHQ´ ³:LU XQWHUKLHOWHQ XQV EHU GLH :DQGHUXQJHQ GHU HFK]HWLVFKHQ .RQRV´ VDJWH 5RQDOG ³'DYRQYHUVWHKHLFKQLFKWV´PXUPHOWHGHU6LJDQHVH ³(EHQ´ HUZLGHUWH PHLQ 3DUWQHU ³:HFKVHOQ ZLU DOVR GDV 7KHPD :LU ZROOWHQ JHUDGHHLQH$QZHLVXQJ,PLUDOVHUIOOHQ:HQQ6LHXQVEHJOHLWHQP|FKWHQ%LJ%HQ"´ ³6HOEVWYHUVWlQGOLFK´ EHHLOWH VLFK %LJ %HQ ]X VDJHQ (U XPIORJ 5RQDOGV UHFKWH 6FKXOWHU GUHKWH VLFK XP XQG VDK PLFK PLW HLQHP *HVLFKWVDXVGUXFN DQ GHU HLQH 0LVFKXQJXQWHUVFKLHGOLFKVWHU*HIKOHZLGHUVSLHJHOWH ,FKNQLIIHLQ$XJH]XXQGJULQVWH 'DKROWHHUWLHI/XIWXQGVWUDKOWH $OVZLUGDV%DGEHWUDWHQPXVWHUWHQZLUDQHUNHQQHQGGLH(LQULFKWXQJ'LH862 KDWWH HV VLFK HLQLJHV NRVWHQ ODVVHQ GLH VSH]LHOOHQ %DGZQVFKH
hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

GHQQHLQQHXHU.ULHJPLW=DNRWVWHKWXQPLWWHOEDUEHYRU :LU ZHUGHQ DOVR QXU LQQHUKDOE GHU VWUHQJ EHZDFKWHQ XQG JHJHQ GLH $XHQZHOW DEJHVFKLUPWHQ%RPEHUVFKXOH.RQWDNWDXIQHKPHQN|QQHQ'HVKDOEHPSIHKOHLFK,KQHQ VLFKLQGLH1lKHGHU.VWHQVWDGW7UDYWRQ]XEHJHEHQZRVLFKGLH6FKXOHGHU%RPEHU EHILQGHW´ 'DV*HVLFKW,PLUDOVYHU]RJVLFK]XHLQHPUlWVHOKDIWHQ/lFKHOQ(VHULQQHUWHXQV GDUDQ GD ZLU HV EHL GHP (LQJHERUHQHQ QLFKW PLW HLQHP 7HUUDQHU VRQGHUQ GHP $QJHK|ULJHQHLQHUIUHPGDUWLJHQ.XOWXU]XWXQKDWWHQ ³6ROOWHQ6LHPLWPHLQHP3ODQHLQYHUVWDQGHQVHLQ´IXKU,PLUDOIRUW³GDQQULFKWHQ 6LHVLFKELWWHJHQDXHVWHQVQDFKGHQIROJHQGHQGHWDLOOLHUWHQ$QZHLVXQJHQ´ 'DV *HVLFKW YHUVFKZDQG 'DIU WDXFKWH HLQ HOHNWURQLVFKHV 6FKULIWELOG DXI 'LHVPDOKDWWH,PLUDOQLFKW1LJKPDQLVFKVRQGHUQ,QWHUNRVPRYHUZHQGHW 'LH $QZHLVXQJHQ ZDUHQ ZLUNOLFK VHKU GHWDLOOLHUW XQG VHKU JHQDX ,PLUDO KDWWH WDWVlFKOLFKDQDOOHVJHGDFKW,FKZDUVLFKHUGDVHLQ,QWHOOLJHQ]TXRWLHQWEHUGHPGHV WHUUDQLVFKHQ'XUFKVFKQLWWVODJ :LU ODVHQ GLH $QZHLVXQJHQ DXIPHUNVDP GXUFK 'DQDFK JLQJHQ ZLU GDUDQ VLH 3XQNWIU3XQNW]XHUIOOHQ'D%LJ%HQ6SHFLDOGDEHLEHUIOVVLJZDUHQWVFKLHGHQZLU QDFK NXU]HU 'LVNXVVLRQ GD HU VLFK YRUVLFKWLJ LQ GHU 1lKH GHV *HKHLPVWW]SXQNWHV XPVHKHQVROOWH,QHUVWHU/LQLHLQWHUHVVLHUWHXQVQDWUOLFKREMHPDQGQDFKXQVVXFKWH :LUKDWWHQQLFKWYHUJHVVHQGDXQVHU*OHLWHUNXU]YRUGHU/DQGXQJVHNXQGHQODQJYRQ IUHPGHQ2UWXQJVLPSXOVHQJHWURIIHQZRUGHQZDU 1DFKGHP%LJ%HQGHQ6WW]SXQNWYHUODVVHQKDWWHEHJDEHQ5RQDOGXQGLFKXQV LQ GLH $XVUVWXQJVNDPPHU 'RUW ODJHUWHQ :DIIHQ XQG 5VWXQJHQ ZLH VLH YRQ 1RUGOlQGHUQJHWUDJHQZXUGHQGLHVLFKEHLP³*URHQ,PSHULXP1LJKPDQ´DOV6|OGQHU YHUGLQJWHQ hEHU JUREJHZHEWHV JHOEOLFKZHLHV 8QWHU]HXJ VWUHLIWHQ ZLU XQV VDFNDUWLJH 3DQ]HUKHPGHQGLHDXFKGDV*HVlEHGHFNWHQ(VKDQGHOWHVLFKXP6FKXSSHQSDQ]HU DXV VLFK GDFK]LHJHODUWLJ EHUODSSHQGHQ VHFKVHFNLJHQ 6WDKOVFKXSSHQ 6LH YHUKOOWHQ GLH2EHUDUPHQXU]XU+lOIWH 'D]X JHK|UWHQ UXQGH +HOPH PLW 1DVHQ XQG 1DFNHQVFKXW] ZREHL GHU 1DNNHQVFKXW] DXV HLQHP .HWWHQJHIOHFKW EHVWDQG 'LH %HLQH EOLHEHQ XQJHVFKW]W $Q GLH )H VFKQDOOWHQ ZLU XQV /HGHUVDQGDOHQ GHUHQ 5LHPHQ ELV ]X KDOEHU :DGHQK|KH UHLFKWHQ $OV ZLU HLQJHNOHLGHW ZDUHQ ]XFNWH PHLQ )UHXQG UHVLJQLHUHQG GLH 6FKXOWHUQ XQG PHLQWH ³'DVZlUHGDV:HOFKH:DIIHQKDW,PLUDOXQVKDOEQDFNWHQ5LWWHUQYHUVFKULHEHQ 6LQFODLU" ³/DQJVFKZHUW .UXPPGROFK XQG 6FKOHXGHU´ DQWZRUWHWH LFK XQG ]HLJWH DXI GLH *HVWHOOHPLWGHQ:DIIHQ 5RQDOGQDKPHLQ6FKZHUWPLWVDPW*HKlQJHDEXQG]RJHVDXVGHU6FKHLGH ³=ZHLVFKQHLGLJ´PXUPHOWHHU³XQGVFKDUIJHVFKOLIIHQZLHHLQ5DVLHUPHVVHU´ (UVWLHHVLQGLH6FKHLGH]XUFN ,FKSUIWHXQWHUGHVVHQGLH.UXPPGROFKHXQGVXFKWHPLUHLQHQDXV'DQQZDQGWH LFKPLFKGHQ6FKOHXGHUQ]X (VZDUHQ.OHWWHQVFKOHXGHUQPLWHLQHU=XJNUDIWYRQHWZDKXQGHUW7HUUD3IXQGHQ GLH QXU YRQ VHKU VWDUNHQ 0lQQHUQ JHVSDQQW ZHUGHQ NRQQWHQ 'D]X JHK|UWHQ MHQH

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

VWlKOHUQHQ .OHWWHQJHVFKRVVH YRQ GHQHQ HLQHV EHQXW]W ZRUGHQ ZDU XP DXI +HPDOV HLQHQKDUPORVHQDOWHQ3URVSHNWRU]XHUPRUGHQ ³(V JHIlOOW PLU QLFKW GD ZLU MHGHU HLQHQ %HXWHO PLW XQJHIlKU IQIKXQGHUW YHUJLIWHWHQ .OHWWHQJHVFKRVVHQ PLW XQV KHUXPVFKOHSSHQ VROOHQ´ HUNOlUWH PHLQ 3DUWQHU PLPXWLJ ³%HL GLHVHP *LIW JHQJW GHU NOHLQVWH +DXWULW]HU XQG PDQ¶ LVW LQQHUKDOE ZHQLJHU6HNXQGHQWRW,FKZUGHQXUVHKUXQJHUQGDPLWDXIHLQHQ0HQVFKHQVFKLHHQ´ ³,FK DXFK´ HUZLGHUWH LFK XQG EOLFNWH DXI GLH VWlKOHUQHQ .OHWWHQJHVFKRVVH LQ PHLQHP%HXWHOPLWJHPLVFKWHQ*HIKOHQ :LU YHUYROOVWlQGLJWHQ XQVHUH $XVUVWXQJ XQG LQIRUPLHUWHQ DQVFKOLHHQG GHQ 6LJDQHVHQ GD ZLU EHUHLW ]XP $XIEUXFK VHLHQ %LJ %HQ 6SHFLDO NHKUWH LQ GHQ *HKHLPVWW]SXQNW]XUFN ³'UDXHQLVWDOOHVUXKLJ´EHULFKWHWHHU³.HLQH6SXUYRQ6XFKNRPPDQGRV´ ³9LHOOHLFKW KDW PDQ GLH SDDU 2UWXQJVWUHIIHU JDU QLFKW EHPHUNW´ PHLQWH 5RQDOG ³RGHUIUHLQHQ*HUlWHIHKOHUJHKDOWHQ´ 'RFK YLHOOHLFKW KDWWHQ ZLU ZLUNOLFK *OFN JHKDEW XQG GLH 2UWXQJVWUHIIHU ZDUHQ QLFKWDXIJH]HLFKQHWZRUGHQ ,FK KDEH HLQH .DUDZDQH HQWGHFNW´ VDJWH GHU VLJDQHVLVFKH 6SH]LDOLVW ³6LH ZLUG VLFK XQJHIlKU DFKW 6WXQGHQ HLQHP 3XQNW LP *HOlQGH JHQlKHUW KDEHQ GHU QXU IQIXQGGUHLLJ.LORPHWHUYRQ1RWDXVJDQJ6GHQWIHUQWLVW'DQDFKZLUGGLH(QWIHUQXQJ VLFK ZLHGHU YHUJU|HUQ 'DV =LHO GHU .DUDZDQH VFKHLQW GLH .VWHQVWDGW 7UDYWRQ ]X VHLQ´ (UEOLFNWHDXIPHUNVDPYRQHLQHP]XPDQGHUHQ 5RQDOGOlFKHOWH ³,FKYHUVWHKH%LJ%HQ6LHPHLQHQZLUVROOWHQXQVGHU.DUDZDQHDQVFKOLHHQ´ 'HU6LJDQHVHQLFNWHHLIULJ ³(LQHDXVJH]HLFKQHWH,GHH´ZDUILFKHLQ³:HQQZLUGLH=RRQGHV6WW]SXQNWHV EHQXW]HQ ZUGHQ ZLU HYHQWXHOO YHUERUJHQHQ 6SlKHLQULFKWXQJHQ DXIIDOOHQ 6WHLJHQ ZLU DEHUDXVGHP1RWDXVJDQJ6GXQGJHKHQ]X)XELV]XP.DUDZDQHQZHJGDQQQLPPW PDQVLFKHUNHLQH1RWL]YRQXQV´ ³(LQYHUVWDQGHQ´ HUNOlUWH 5RQDOG ³6LH KDEHQ VLFK HLQHQ :KLVN\ YHUGLHQW %LJ %HQ'DUILFK,KQHQGHQ%HFKHUIOOHQ"´ 'HUNOHLQH%XUVFKHVWUDKOWH ³'DQNH7HNHQHU´ (VZDU$EHQGDOVZLUGHQIQI.LORPHWHUYRP6WW]SXQNWHQWIHUQWHQ1RWDXVJDQJ 6G HUUHLFKWHQ²XQG HV ZXUGH LP 2VWHQ DOOPlKOLFK ZLHGHU KHOO DOV ZLU GLH IQIXQGGUHLLJ.LORPHWHUELV]XU.DUDZDQHQVWUDH]XUFNJHOHJWKDWWHQ (LJHQWOLFKNRQQWHPDQNDXPYRQHLQHU6WUDHVSUHFKHQ(VZDUJDQ]HLQIDFKHLQ YRQXQ]lKOLJHQ)HQXQG.DUUHQUlGHUQJHVFKDIIHQHU3IDGGHUDQGLHVHU6WHOOHGXUFK HLQHQ&DxRQIKUWH :LU UDVWHWHQ QHEHQ HLQHP HWZD YLHU]LJ 0HWHU DXIUDJHQGHQ ]ZHLJHWHLOWHQ VFKURIIHQ )HOVWXUP 'HU %RGHQ ZDU VSlUOLFK YRQ NDUJHU 9HJHWDWLRQ EHGHFNW ,FK VDPPHOWHGUUH=ZHLJHHQWIDFKWHHLQQLHGULJHV)HXHUXQGVHW]WHPLFKGDQQVRKLQGD

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

LFKPHLQHQ5FNHQDQGHQ)HOVHQOHKQHQNRQQWH 5RQDOG SDFNWH VHLQHQ 3URYLDQWVDFN DXV (U VWHOOWH HLQ 'UDKWJHVWHOO EHU GDV )HXHUXQGVWHFNWHHLQ6WFN6DO]IOHLVFKDXVGHQ7DUQYRUUlWHQGHV6WW]SXQNWHVGDUDXI 1DFK HLQLJHU =HLW QDKPHQ PHLQH 5H]HSWRUHQ %UDWHQJHUXFK ZDKU ,Q UHJHOPlLJHQ $EVWlQGHQWURSIWHGHU)OHLVFKVDIWLQV)HXHUXQG]LVFKWHDXI ³9RQZDVIUHLQHP7LHUVWDPPWGHQQGDV)OHLVFKHLJHQWOLFK5RQDOG"´IUDJWHLFK ³.HLQH $KQXQJ´ DQWZRUWHWH PHLQ 3DUWQHU ³(V JLEW DXI .KD]D YHUVFKLHGHQH +DXVWLHUHGLHDOV)OHLVFKOLHIHUDQWHQLQ)UDJHNRPPHQ´ ³+RIIHQWOLFK VWDPPW GHLQ %UDWHQVWFN YRQ HLQHP 7LHU´ VWLFKHOWH LFK ³:HQQ DOOH 1RUGODQGZLOGHQVRLQWHOOLJHQWVLQGZLH,PLUDOGDQQOLHJWGRFKGLH9HUPXWXQJQDKHGD GLHVH%DUEDUHQLKUHKRKH,QWHOOLJHQ]GXUFKUHJHOPlLJHQ*HQXYRQ0HQVFKHQIOHLVFK YRU]XJVZHLVHDXVGHU=HUHEUDOVHNWLRQHUZRUEHQKDEHQ´ 5RQDOGJULQVWHXQHUVFKWWHUOLFK ³0HLQ%UDWHQVWDPPWJDQ]VLFKHUQLFKWYRQHLQHP*HKLUQ6LQFODLU$EHUGXKDVW PLFKDXIHLQHQ*HGDQNHQJHEUDFKW+P:HQQHVPLUJHOLQJWGLHVWlKOHUQH+LUQVFKDOH GHLQHU9ROOSURWKHVH]XEHUZLQGHQN|QQWHLFKLQWHOOLJHQWHUZHUGHQDOVLFKHVVFKRQELQ :DVKlOWVWGXGDYRQ"´ ³1LFKWYLHO´,FKVWDQGDXI³,FKZHUGH$XVVFKDXQDFKGHU.DUDZDQHKDOWHQ6LH PXLQGHU1lKHJHUDVWHWKDEHQXQGZLUGVLFKHUEDOGDXIWDXFKHQ´ ³,Q 2UGQXQJ´ HUZLGHUWH PHLQ 3DUWQHU ³(V WXW PLU MD OHLG GD GX NHLQHQ %UDWHQ PHKUJHQLHHQNDQQVW)UHXQGDEHUGHVKDOEEUDXFKVWGXQLFKW]XYHUVXFKHQPLUGHQ $SSHWLW]XYHUGHUEHQ´ ,FKPXUPHOWHHLQH(QWVFKXOGLJXQJXQGJLQJGDYRQ(VZDUPLUSHLQOLFKGDLFK YHUVXFKWKDWWHPLFKDQPHLQHP)UHXQGIUHWZDV]XUlFKHQDQGHPHUNHLQH6FKXOG WUXJ²XQGGDHUPLFKGXUFKVFKDXWKDWWH 5RQDOG NRQQWH ZLUNOLFK QLFKWV GDIU GD LFK²GDV *HKLUQ²PHLQHQ .|USHU YHUORUHQ KDWWH XQG GHVKDOE XQWHU DQGHUHP NHLQHU NXOLQDULVFKHQ *HQVVH PHKU IlKLJ ZDU=ZDUNRQQWHLFKPLW+LOIHGHU9ROOSURWKHVHHVVHQXQGWULQNHQZLHHLQ0HQVFKPLW VHLQHP (UVWN|USHU DEHU LFK KDWWH QLFKWV GDYRQ $OOHV PXWH EHL *HOHJHQKHLW PLWWHOV $XVVWRU|KUHDXVGHP.|USHUHQWIHUQWZHUGHQ ,FK NOHWWHUWH HLQHQ NPPHUOLFK EHZDFKVHQHQ +DQJ KLQDXI XQG VHW]WH PLFK (V ZXUGHQXQUDVFKKHOOHU $OV GLH 6RQQH EHU GHP 2VWUDQG GHV &DxRQV HUVFKLHQ K|UWH LFK GLH YRQ GHU .DUDZDQH HU]HXJWHQ /DXWH GDV .QDOOHQ YRQ 3HLWVFKHQ 6FKUHLH 7LHUJHEUOO XQG GDV QHUYW|WHQGH.QDUUHQYRQ+RO]UlGHUQ (LQH 9LHUWHOVWXQGH VSlWHU ERJHQ ]ZHL EHZDIIQHWH 1RUGOlQGHU XP GLH QlFKVWH )HOVZDQG +LQWHU LKQHQ NDPHQ JURH 3ODQZDJHQ GLH YRQ DFKW ELV YLHUXQG]ZDQ]LJ *RUVFKDV JH]RJHQ ZXUGHQ *RUVFKDV ZDUHQ NKD]DLVFKH =XJWLHUH YRQ GHU .|USHUIDUP WHUUDQLVFKHU:DVVHUEIIHOXQGPLWURWHP)HOO 'LH PlFKWLJHQ 7LHUH VWUHQJWHQ VLFK DQ XQG GLH 3HLWVFKHQ GHU :DJHQOHQNHU IXKUHQ ]LHOVLFKHU ]X GHQ *RUVFKDV GLH LQ LKUHU /HLVWXQJ QDFKOLHHQ $EHU GLHVH 7LHUH ZDUHQ ]X VFKZHUIlOOLJ XP HLQH PLW WHUUDQLVFKHQ 3IHUGHQ YHUJOHLFKEDUH /HLVWXQJ ]X EULQJHQ $OV GLH EHLGHQ YRUDQJHKHQGHQ 1RUGOlQGHU VLFK PHLQHP 6LW] ELV DXI HWZD ]ZHLKXQGHUW0HWHUJHQlKHUWKDWWHQHUKRELFKPLFK ,P QlFKVWHQ $XJHQEOLFN KDWWHQ VLH LKUH .OHWWHQVFKOHXGHUQ JHVSDQQW XQG ]LHOWHQ

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

DXIPLFK,FKZDUVLFKHUGDVLHWUHIIHQZUGHQZHQQLFKLKQHQGHQJHULQJVWHQ$QVD ]XP6FKLHHQJDE$OVREHZHJWHLFKPLFKQLFKW (LQ KRFKJHZDFKVHQHU 1LJKPDQH VSUDQJ YRQ HLQHP GHU :DJHQ XQG ULHI GHQ EHLGHQ%HJOHLWVROGDWHQHWZDV]X(LQHUGHU1RUGOlQGHUJLQJLQIODFKHP%RJHQDXIPLFK ]X ,Q KDOEHU (QWIHUQXQJ EOLHE HU VWHKHQ XQG IRUGHUWH PLFK GXUFK HLQH +DQGEHZHJXQJ DXIDQLKPYRUEHL]XU.DUDZDQH]XJHKHQ ,FK JLQJ GLUHNW ]X GHP 1LJKPDQHQ YHUVFKUlQNWH GLH $UPH YRU GHU %UXVW XQG OHJWHGLH6WLUQDXIGDV6LHJHO]HLFKHQ ³%LWWHQHKPWGHQ*UXYRQ6FXVRQ+RWNXUGHP%RPEHUSLORWHQDQ+HUU´VDJWH LFKDXIQLJKPDQLVFK 'HU ]ZHLWH 1RUGOlQGHU XPIDWH PHLQ OLQNHV +DQGJHOHQN XQG ]RJ GHQ $UP ]X VLFKKHUDQ'HU1LJKPDQHPXVWHUWHGHQ6WHUQPLWGHP6\PEROGDQQVDJWHHU ³,FKQHKPHGHLQHQ*UXDQ6FXVRQ+RWNXU(UKHEHGHLQ*HVLFKW´ (UVWµMHW]WVDKLFKLKQYROODQ'HU0DQQPRFKWHVHFK]LJ-DKUHDOWVHLQZDUHWZD 0HWHU JUR XQG IU HLQHQ 1LJKPDQHQ UHFKW KHOOKlXWLJ 'LH PHLVWHQ 1LJKPDQHQ KDWWHQPLWWHOEUDXQH+DXWVHLQHVDKDXVZLHYLHO0LOFKPLWZHQLJ.DIIHH ³'X ELVW VHKU NUlIWLJ´ VDJWH GHU 0DQQ DQHUNHQQHQG ³0|FKWHVW GX LQ PHLQH 'LHQVWHWUHWHQ"´ ³(V ZlUH PLU HLQH (KUH´ DQWZRUWHWH LFK ³DEHU DOV DXVJHELOGHWHU %RPEHUSLORW KDEH LFK GLH 3IOLFKW PHLQH VFKZDFKHQ .UlIWH GHP /DQG ]XU 9HUIJXQJ ]X VWHOOHQ GHVVHQ*DVWUHFKWLFKJHQLHH0HLQ.DPHUDGXQGLFKVLQGDXIGHP:HJH]XU6FKXOH GHU=RRQ%RPEHU+HUU´ ³:RLVWGHLQ.DPHUDG6FXVRQ"´ ,FKGHXWHWHLQGLH5LFKWXQJDXVGHULFKJHNRPPHQZDU ³7¶DEDQ 7HQWKUHGR ZDUWHW DQ XQVHUHP /DJHUIHXHU +HUU ,FK ZROOWH PLU HWZDV %HZHJXQJYHUVFKDIIHQXPGLH1DFKWNlOWHDXVPHLQHQ*OLHGHUQ]XYHUWUHLEHQGDK|UWH LFKGLH*HUlXVFKHGHU.DUDZDQH:LHHVGHU$QVWDQGJHELHWHW]RJLFKPLFKDXIHLQHQ 3ODW]DEVHLWVGHV:HJHV]XUFNXQGZDUWHWH´ 'HU1LJKPDQHEHUOHJWH ,Q]ZLVFKHQ KDWWH GLH .DUDZDQH DQJHKDOWHQ XQG HLQH 0HQJH 0HQVFKHQ VDPPHOWHQVLFKXPXQVDQQRUGOlQGLVFKH.ULHJHUXQG6NODYHQQLJKPDQLVFKH.DXIOHXWH XQGPHKUHUHQLJKPDQLVFKH)UDXHQ ³:LUVLQGDXIGHP:HJQDFK7UDYWRQXQGGLH6FKXOHGHU=RRQ%RPEHUEHILQGHW VLFKJDQ]LQGHU1lKHGLHVHUVFK|QHQ6WDGW¶VDJWHGHU1LJKPDQHVFKOLHOLFK³'XXQG GHLQ.DPHUDGLKUN|QQWPLWXQVNRPPHQZHQQLKUZROOW´ ,FKNUHX]WHDEHUPDOVGLH$UPHYRUGHU%UXVWOHJWHPHKUPDOVGLH6WLUQGDUDXIXQG PXUPHOWHHLQH'DQNHVIRUPHO $OVLFKIHUWLJZDUULHIGHU1LJKPDQH%HIHKOH'LH0HQJH]HUVWUHXWHVLFKVFKQHOO 3HLWVFKHQNQDOOWHQ7UHLEHUEUOOWHQPLWGHQ*RUVFKDVXPGLH:HWWHXQGDOOPlKOLFKNDP GLH.DUDZDQHZLHGHULQ%HZHJXQJ ,FKKLHOWPLFKQHEHQGHQDQGHU6SLW]HJHKHQGHQ%HJOHLWVROGDWHQXQGNDPEDOG LQ HLQ *HVSUlFK PLW LKQHQ 6LH KLHHQ 6KDP *RORO XQG 2UDPXQ 3¶LGHP XQG EHZXQGHUWHQPLFKRIIHQEDUZHJHQGHV6\PROVGDVPLFKDOVEHZlKUWHQ%RPEHUSLORWHQ DXVZLHV9RQLKQHQHUIXKULFKGDGHUWRQDQJHEHQGH1LJKPDQH<XURQ6ZDF7XQKLH HLQVFKZHUUHLFKHU.DXIPDQQGHUQRUPDOHUZHLVHNHLQH.DUDZDQHEHJOHLWHWH ³:DUXPLVWHUGLHVPDOPLWJHNRPPHQ"´IUDJWHLFK

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

³:HLOVLHE]HKQ:DJHQYRQXQV6F\EHI|UGHUQ´DQWZRUWHWH&UDPXQ %HLQDKHKlWWHLFKJHIUDJWZDV³6F\´GHQQVHLGRFKGLHK\SQRWLVFKHLQJHSUl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lKUHLQH6WXQGHVSlWHUHUUHLFKWHQZLUHLQHZHLWH(EHQHHLQH6DYDQQHPLW KRKHPJHOEHQ*UDVXQGYHUHLQ]HOWHQ%lXPHQ)UHPGDUWLJH7LHUHEHZHJWHQVLFKGXUFK GDV*UDV6LHKLHOWHQVLFKDXHUKDOEGHU5HLFKZHLWHXQVHUHU.OHWWHQVFKOHXGHUQKDWWHQ DOVRZRKOVFKRQE|VH(UIDKUXQJHQPLWGLHVHU:DIIHJHPDFKW 'LH 6RQQH 5DWRV(ERU YHUVWUDKOWH HLQH JDQ] VFK|QH +LW]H MH K|KHU VLH VWLHJ 0LFK VW|UWH GDV QLFKW ZHLWHU DEHU 5RQDOG VFKZLW]WH EDOG JDQ] JHK|ULJ XQWHU VHLQHP VFKZHUHQ6FKXSSHQSDQ]HU 6KDP *RORO XQG 2UDPXQ 3¶LGHP WUXJHQ HEHQIDOOV 6FKXSSHQSDQ]HU DEHU VLH ZDUHQ HV JHZRKQW XQG VFKZLW]WHQ QXU PlLJ 9HUZXQGHUW PXVWHUWHQ VLH PHLQHQ 3DUWQHUGHPGHU6FKZHLLQ6WU|PHQEHUGDV*HVLFKW+DOVXQG$UPHUDQQ *ULQVHQGVDJWHLFK ³7¶DEDQZDUYHUOHW]WXQGKDWVLFKODQJH =HLWVFKRQHQPVVHQ'DEHLKDWHUYLHO 6SHFNDQJHVHW]W´ 'LHEHLGHQ1RUGOlQGHUODFKWHQ ,FK KRIIWH GD VLH QLFKW ZHLWHU GDUEHU QDFKGDFKWHQ GHQQ ZHQQ VLH PHLQHQ 3DUWQHUJHQDXDQVDKHQZUGHQVLHPHUNHQGDHUQLUJHQGV)HWWDQJHVHW]WKDWWH *HJHQ0LWWDJOLH<XURQ6ZDF7XQGLH.DUDZDQHDQKDOWHQXQGEHIDKOHLQH5DVW 'LH :DJHQOHQNHU WULHEHQ LKUH *HVSDQQH XQWHU GLH YHUVWUHXW VWHKHQGHQ %lXPH XQG VFKLUPWHQ GLH *RUVFKDV DE =LHOVLFKHU VWUHEWHQ GLH 7LHUH HLQHP VFKODPPLJHQ :DVVHUORFK]X*ROROXQG3¶LGHPIROJWHQLKQHQXQGWUDQNHQDXVGHPJOHLFKHQ/RFK ³(LJHQWOLFK PWHQ ZLU DXFK YRQ GHU %UKH WULQNHQ´ VDJWH LFK ³GD GDV EHL 1RUGODQGZLOGHQ RIIHQEDU VR EOLFK LVW $EHU LFK GHQNH GDV N|UQHQ ZLU GHLQHP .|USHU QLFKW]XPXWHQ´ 5RQDOG VWHOOWH VLFK LQ GHQ 6FKDWWHQ HLQHV :DJHQV XQG ]RJ VHLQHQ 6FKXSSHQSDQ]HUDXV(UVW|KQWHYRU(UOHLFKWHUXQJDOVHUHVJHVFKDIIWKDWWH ³,FKELQEHLQDKHJHEUDWHQZRUGHQ´HUNOlUWHHU (UVWUHLIWHVLFKGDV8QWHUKHPGEHUGHQ.RSI(VZDUNODWVFKQD1DFKNXU]HP 5XQGEOLFN ]RJ 5RQDOG DXFK GLH 8QWHUKRVH DXV (U ZUDQJ EHLGH .OHLGXQJVVWFNH DXV XQGOHJWHVLHLQGLH6RQQHGDPLWVLHWURFNQHWHQ $OV HU VLFK HEHQ ZLHGHU DXIULFKWHWH NDP HLQ 0lGFKHQ XP GHQ :DJHQ KHUXP KLQWHU GHP ZLU VWDQGHQ (V ZDU HLQH 1LJKPDQLQ XQG VLH JHK|UWH²LKUHU .OHLGXQJ QDFK²HLQHUZRKOKDEHQGHQ.ODVVHDQ 6LHZDUHLQHZDKUH$XJHQZHLGHGHQQRFKZQVFKWHLFKVLHQLHPDOVJHVHKHQ]X KDEHQ 9RU DOOHP KlWWH VLH QLHPDOV 5RQDOG VHKHQ GUIHQ MHGHQIDOOV QLFKW XQEHNOHLGHW

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

:LUZXWHQZDVHLQHP6NODYHQRGHUHLQHPIUHPGOlQGLVFKHQ6|OGQHUGURKWHGHUVLFK HLQHU'DPHDXVJXWHU)DPLOLHXQ]LHPOLFKQlKHUWHRGHU]HLJWH 6LH|IIQHWHGHQ0XQG :HQQVLHVFKULHZUGHPDQ5RQDOGXQGPLFKMDJHQGDVNRQQWHXQVHUH3OlQH HPSILQGOLFKVW|UHQ ,FKZDUPLWHLQHPJHZDOWLJHQ6DW]EHLLKUKLHOWLKUGHQ0XQG]XXQGIOVWHUWH ³6WLOO(VKDQGHOWVLFKXPHLQ9HUVHKHQ:LUKDWWHQJHGDFKWGDQLHPDQGKLHUKHU NlPH´ 6LH ZROOWH VSUHFKHQ XQG LFK ORFNHUWH PHLQH +DQG KLHOW PLFK DEHU ]X QHXHP =XJUHLIHQEHUHLW ³:HQQ LKU PLFK W|WHW ZLUG PHLQ 9DWHU WDXVHQG .ULHJHU DXI HXUH 6SXU VHW]HQ´ VDJWHVLHGURKHQG'RFKLKUH6WLPPHYLEULHUWHXQGLFKVSUWHGDVLH]LWWHUWH ,FKJDELKUHWZDVPHKU6SLHOUDXP ³8QG ZHQQ ZLU 6LH QLFKW W|WHQ ZHUGHQ 6LH PHLQHQ .DPHUDGHQ DQ]HLJHQ QLFKW ZDKU" ³1HLQLFKZHUGHLKQQLFKWDQ]HLJHQ´VDJWHVLH³,FKYHUVSUHFKHHV1LPPPHLQ +HU]$PXOHWW:LHKHLWGX"´ 5RQDOG GHU ELVKHU EHU GLH 6FKXOWHU ]X XQV JHVHKHQ KDWWH ZDQGWH GHQ .RSI ZHJ 0LUZXUGHEHLQDKHVFKZLQGOLJDOVLFKLKUGDV+HU]$PXOHWWDEQDKP,FKNRQQWH LKU GLH %LWWH VFKOHFKW DEVFKODJHQ DQGHUHUVHLWV ZUGH GDV DXI .KD]D .RQVHTXHQ]HQ KDEHQGHQHQHLQ8626SH]LDOLVWLP,QWHUHVVHVHLQHU$UEHLWOLHEHUDXVGHP:HJJHKHQ VROOWH ³,FKKHLH6FXVRQ+RWNXU´VDJWHLFKXQGEHXJWHPLFK]XLKUKLQDE ³8QGLFKELQ-LOOL6ZDF7XQ´VDJWHGDV0lGFKHQ 6LHOHJWHGLH$UPHXPPHLQHQ+DOVXQGLFKNWHVLH'DPLWZXUGHLFK]XLKUHP %HVFKW]HU GDV KHLW LFK PXWH DOOHV YRQ LKU IHUQKDIWHQ ZDV LKU VFKDGHQ NRQQWH *OFNOLFKHUZHLVH EHGHXWHWH GDV QLFKW GD LFK VLH ]XU )UDX QHKPHQ PXWH $EHU GLH 6LWXDWLRQ ZDU JHUHWWHW GHQQ HLQ 0lGFKHQ PXWH KDOWHQ ZDV VLH LKUHP %HVFKW]HU YHUVSUDFK $OVVLHJHJDQJHQZDUVDJWH5RQDOG ³:LHODQJHZLUVWGXLKU+HU]$PXOHWWWUDJHQ6LQFODLU"´ ,FKKlQJWHHVPLUXPXQGVDJWH ³%LV]XPHLQHP7RG´ ³'XZLUVWGRFKQLFKWHWZD"´ ,FKVDKLKQZWHQGDQ ³1HLQLP*HJHQWHLOLFKZHUGH-LOOLV1lKHPHLGHQXQGPLFKVREDOGZLHP|JOLFK ]XU 6FKXOH GHU %RPEHU DEVHW]HQ $EHU GDV EHGHXWHW QLFKW GD PLU LKU +HU]$PXOHWW QLFKWVEHGHXWHW´ (UOlFKHOWH ³$EHUYHUJLQLHGDGXHVQXUPLUYHUGDQNVW´

'UHL 6WXQGHQ VSlWHU EUDFK GLH .DUDZDQH ZLHGHU DXI ,FK PHUNWH GD <XURQ 6ZDF7XQ PLFK YRQ HLQHP :DJHQ DXV EHREDFKWHWH 'HPQDFK ZXWH HU LQ]ZLVFKHQ

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

GD LFK GHU %HVFKW]HU VHLQHU 7RFKWHU JHZRUGHQ ZDU XQG VLFKHU IUDJWH HU VLFK ZDV VLFK]ZLVFKHQXQVDEJHVSLHOWKDWWH ,FKKlWWHLKQEHUXKLJHQN|QQHQ²XQGGDPLW-LOOLV*HIKOHYHUOHW]W(VZDUVFKRQ HLQHNRPSOL]LHUWH6LWXDWLRQLQGHULFKPLFKEHIDQG 0HLQHKRFKHPSILQGOLFKH2SWLNHQWGHFNWHGLH9|JHODOVVLHQRFKLQJURHU+|KH ODXWORV EHU XQV KLQZHJVWULFKHQ ,FK VSlKWH QDFK REHQ (V KDQGHOWH VLFK XP QHXQ JURH=RRQPLW6lWWHOQLP1DFNHQDXIGHQHQJHSDQ]HUWH.ULHJHUVDHQ 3O|W]OLFKOHJWHQGLH9|JHOLKUH6FKZLQJHQDQXQGJLQJHQ]XP6WXU]IOXJEHU 'DVEHJULIILFK ³$ODUP´VFKULH LFK ³=DNRWLVFKH =RRQ JUHLIHQ DQ´ ,FK GHXWHWH QDFK REHQ 'LH 5LHVHQY|JHONDPHQVFKQHOOQlKHU 9RQHLQHP$XJHQEOLFN]XPDQGHUHQYHUZDQGHOWHVLFKGLHIULHGOLFKH.DUDZDQHLQ HLQ7ROOKDXV0lQQHUXQG)UDXHQVSUDQJHQDXVLKUHQ:DJHQXQGUDQQWHQLQGLH(EHQH KLQDXVGLH.ULHJHUYHUWHLOWHQVLFKXQGVSDQQWHQLKUH.OHWWHQVFKOHXGHUQ ,FK OLHI ]X -LOOLV :DJHQ 6LH VSUDQJ JHUDGH DXI GHQ %RGHQ ,KUH $XJHQ ZDUHQ VFKUHFNJHZHLWHW ,FK QDKP VLH DXI GLH $UPH XQG UDQQWH PLW LKU LQ GLH 6DYDQQH ZREHL LFKGLH*HVFKZLQGLJNHLWHLQHVJXWHQWHUUDQLVFKHQ5HQQSIHUGHVHQWZLFNHOWH $OVLFKGLHHUVWHQGXPSIHQ'HWRQDWLRQHQK|UWHZDUILFKPLFKKLQXQGGHFNWH-LOOL PLWPHLQHP.|USHU'RFKZLUZDUHQZRKOEHUVHKHQZRUGHQGHQQEHLXQV]HLJWHVLFK NHLQ=RRQ ,FK KRE GHQ .RSI XQG ULFKWHWH PLFK GDQQ YRUVLFKWLJ DXI %HL GHU .DUDZDQH ORGHUWHQKHOOH)ODPPHQ6RHEHQVHW]WHQGLH=RRQ]XP]ZHLWHQ$QJULIIDQ(LQHVVDFNWH SO|W]OLFK GXUFK ZDKUVFKHLQOLFK YRQ HLQHP YHUJLIWHWHQ .OHWWHQJHVFKR JHWURIIHQ 'LH DQGHUHQDFKW%RPEHUZDUIHQ%HKlOWHUDEXQG]RJHQZLHGHUKRFK:RGLH%RPEHQPLW GXPSIHP .QDOO ]HUEDUVWHQ VFKRVVHQ )ODPPHQVlXOHQ LQ GHQ +LPPHO (LQLJH GHU 3ODQZDJHQEUDQQWHQ'LH*RUVFKDVEUOOWHQIUFKWHUOLFKVLHNRQQWHQGHQ)ODPPHQQLFKW HQWULQQHQ $XIHLQPDOWDXFKWHQGUHLGHUULHVLJHQOHEHQGHQ%RPEHQIOXJ]HXJHKLQWHUPLUDXI 6LHIORJHQGLFKWEHUGHP*UDVDXIGLH.DUDZDQH]X$XVGHQ$XJHQZLQNHOQHQWGHFNWH LFK GD GLH DQGHUHQ %RPEHU VLFK GHU .DUDZDQH YRQ ]ZHL DQGHUHQ 6HLWHQ DXI GLH JOHLFKH:HLVHQlKHUWHQ (UVW ZROOWH LFK PLFK ZLHGHU LQV *UDV ZHUIHQ DEHU GDQQ PHUNWH LFK GD GLH IHLQGOLFKHQ%RPEHUSLORWHQPLFKHQWGHFNWKDWWHQ6LHVSDQQWHQLKUH.OHWWHQVFKOHXGHUQ ,QIROJH GHU SKDQWDVWLVFKHQ 5HDNWLRQVIlKLJNHLW PHLQHU 9ROOSURWKHVH NRQQWH LFK GHQ*HVFKRVVHQHOHJDQWDXVZHLFKHQ'DQQHUZLGHUWHLFKGDV)HXHU (LQHUGHUGUHL3LORWHQEUDFKLP6DWWHO]XVDPPHQ6HLQ=RRQVFKZHQNWHDEXQG IORJVFKUHLHQGGDYRQ'LHEHLGHQDQGHUHQUDVWHQJHQDXDXIPLFK]X ,FK GXUIWH QLFKW VWHKHQEOHLEHQ %LVKHU KDWWHQ GLH 3LORWHQ RIIHQEDU QXU PLFK JHVHKHQQLFKWDEHUGDV0lGFKHQ ,FK UDQQWH DXI GLH =RRQ ]X²XQG VFKZHQNWH YRU LKQHQ QDFK UHFKWV DE =ZHL .OHWWHQJHVFKRVVH YHUIHKOWHQ PLFK XP HLQLJH =HQWLPHWHU ,FK ZROOWH KHUXPZLUEHOQ XQG DEHUPDOVPHLQH6FKOHXGHUVSDQQHQGDEOLHEPHLQOLQNHU)XLQHLQHP(UGORFKKlQJHQ XQGLFKVWU]WH 1DWUOLFK KLHOW PLFK HLQ VROFKHU 6WXU] QLFKW ODQJH DXI DEHU GLH 9HU]|JHUXQJ JHQJWHGHQEHLGHQ%RPEHUSLORWHQ:lKUHQGGHUHLQHPLFKHUQHXWDQIORJODQGHWHGHU ]ZHLWHLQGHU'HFNXQJVHLQHV.DPHUDGHQQHEHQ-LOOL

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

'LH$QJVWXPGDV0lGFKHQGDVVLFKPHLQHP6FKXW]DQYHUWUDXWKDWWHOLHPLFK DOOH9RUVLFKWYHUJHVVHQ0LWGUHL6lW]HQZDULFKEHLGHPDQIOLHJHQGHQ=RRQ'HU3LORW VWDUEEHYRUHUEHJULIIZDVJHVFKDK :HLWHU KLQWHQ ZROOWH GHU ]ZHLWH =RRQ JHUDGH ZLHGHU VWDUWHQ 'HU 3LORW KDWWH YRU VLFK EHU GHP NUlIWLJHQ +DOV GHV 7LHUHV -LOOLV UHJORVH *HVWDOW OLHJHQ XQG WULHE GHQ UHQQHQGHQ9RJHODQ 'DGXUFKGDLFKNXU]PHLQHQ$QWLJUDYDNWLYLHUWHNRQQWHLFKGLH(QWIHUQXQJYRQ HWZDDFKW]LJ0HWHUQPLWHLQHPHLQ]LJHQ6SUXQJEHUZLQGHQ ,FK ODQGHWH KLQWHU GHP 3LORWHQ XQG GHVDNWLYLHUWH GHQ $QWLJUDY 'HU 0DQQ IXKU KHUXP (V ZDU HEHQIDOOV HLQ VFKZDU]KlXWLJHU 1RUGODQGZLOGHU 6HLQ *HVLFKW ZDU YRQ ODQJHQURWHQ1DUEHQEHGHFNW0DQFKH6|OGQHUNHQQ]HLFKQHWHQVRGLH$Q]DKOGHUYRQ LKQHQJHW|WHWHQ)HLQGH0HLQ*HJQHUKDWWHPLQGHVWHQVGUHLLJ1DUEHQ (U ]RJ VHLQHQ .UXPPGROFK XQG VWLH ]X ,FK GUHKWH GHQ 2EHUN|USHU HLQ ZHQLJ VR GD GLH .OLQJH ZLUNXQJVORV EHU GHQ 6FKXSSHQSDQ]HU JOLWW 'DQQ VHW]WH LFK HLQHQ 'DJRUJULIIDQ 0HLQ *HJQHU VWU]WH YRQ VHLQHP =RRQ (UVW LQ GLHVHP 0RPHQW EHPHUNWH LFK GDGHU9RJHOLQ]ZLVFKHQPLQGHVWHQVIQI]LJ0HWHU+|KHJHZRQQHQKDWWH ,FK EHXJWH PLFK YRU XQG JULII QDFK -LOOL GDPLW VLH QLFKW YRP +DOV GHV =RRQ UXWVFKHQNRQQWH'DQQ]RJLFKPLFKDXIGHQ6DWWHO 'LH +S\QRVFKXOXQJ KDWWH PLFK DXFK DXI GLHVH 6LWXDWLRQ YRUEHUHLWHW ,FK ZXWH ZLHPDQHLQHQ=RRQOHQNHQPXWHDEHULFKKDWWHHVURFKQLHLQGHU3UD[LVSURELHUW 'LHVH9|JHOZXUGHQPLWGUHL=JHOQJHOHQNW=ZHLHQGHWHQ]XEHLGHQ6HLWHQGHV ³$QWLORSHQPDXOV´ GHU =JH IU ³+|KHQVWHXHUXQJ´ ZDU LQ GHU GXUFKO|FKHUWHQ 1DVHQZXU]HOEHIHVWLJW 'DGHU=RRQVLFKYRQGHUEUHQQHQGHQ.DUDZDQHHQWIHUQWHPXWHLFKVRVFKQHOO ZLHP|JOLFKODQGHQ,FKEHZHJWHGHQ+|KHQ]JHO'DV7LHUJHKRUFKWHVRIRUW(VVWHOOWH VHLQHQ)OJHOVFKODJHLQXQGVHQNWHVLFKODQJVDPKLQDE $OVHVJHODQGHWZDUKRELFK-LOOLEHKXWVDPKHUDEXQGOHJWHVLHLQV*UDV,KU.RSI ZLHV HLQH NOHLQH 6FKZHOOXQJ DXI 6LH ZDU QRFK EHZXWORV DWPHWH DEHU WLHI XQG JOHLFKPlLJ$XFKLKU3XOVZDUNUlIWLJ ,FK QDKP GHP JHGXOGLJ ZDUWHQGHQ =RRQ 6DWWHO XQG =JHO GLH EHLGHQ 6DWWHOWDVFKHQ XQG GLH +DOWHYRUULFKWXQJ IU GLH %RPEHQ DE (U KLHOW VWLOO HQJ DQ GHQ %RGHQJHNDXHUWXQGGHQ.RSIYRUJHVWUHFNW$OVLFKLQGLH+lQGHNODWVFKWHVWDQGHUDXI XQGWUDEWHORV(UZXUGHVFKQHOOHUXQGVFKQHOOHUGDQQEUHLWHWHHUGLHPlFKWLJHQ)OJHO DXVXQGVFKZDQJVLFKHPSRU ,FK ZDQGWH PHLQH $XIPHUNVDPNHLW ZLHGHU -LOOL ]X HQWQDKP HLQHP +RKOUDXP PHLQHU9ROOSURWKHVHHLQKRFKZLUNVDPHV0HGLNDPHQWXQGLQML]LHUWHHVGHP0lGFKHQLQ GLH+DOVYHQH 1DFKNQDSSHLQHU0LQXWHVFKOXJ-LOOLGLH$XJHQDXI,KU*HVLFKWYHU]HUUWHVLFKLP HUVWHQ6FKUHFN'RFKGDQQVDKVLHPLFK²XQGVLHOlFKHOWHHUOHLFKWHUW ³:LHIKOVWGXGLFK"´IUDJWHLFK ³*XW(LQ]DNRWLVFKHU%RPEHUSLORWZROOWHPLFKHQWIKUHQ:R,VWHU"´ ³,P7RWHQUHLFK´ 6LH VWUHFNWH GLH +DQG DXV XQG LFK QDKP VLH XQG KDOI -LOOL KRFK 2IIHQVLFKWOLFK HUZDUWHWH VLH GD LFK VLH MHW]W NWH GHQQ VLH VWDQG JDQ] VWLOO XQG VDK PLFK UHLW JOlQ]HQGHQ$XJHQDQ,KUH3XSLOOHQZDUHQJHZHLWHW,FKPDWHDOOPHLQH:LOOHQVHQHUJLH

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

]XVDPPHQQHKPHQXPPLFK]XEHKHUUVFKHQ ³'LH =RRQ VLQG DEJHIORJHQ´ VDJWH LFK ³:LU VROOWHQ ]XVHKHQ GD ZLU VR VFKQHOO ZLHP|JOLFK]XU.DUDZDQH]XUFNNHKUHQ+RIIHQWOLFKOHEWGRUWQRFKMHPDQG´ 'LHOHW]WH%HPHUNXQJOHQNWHLKUH*HGDQNHQLQHLQHDQGHUH5LFKWXQJ6LHEOLFNWH GRUWKLQ ZR VLFK GLH .DUDZDQH EHIDQG $Q VHFKV 6WHOOHQ EUDQQWH HV QRFK XQG GLFKW EHUGHP6DYDQQHQJUDVVFKZDPPHLQKHOOJUQHU1HEHOVFKOHLHU ³'DV 6F\´ VDJWH -LOOL DWHPORV ³'LH )ODPPHQ PVVHQ HLQLJH 6F\%HKlOWHU ]HUVW|UWKDEHQ:LUGUIHQQLFKWKLQEHYRUGDV*DVVLFKDXIJHO|VWKDW´ ³*LEWHVKLHU7LHUHGLHGLUJHIlKUOLFKZHUGHQN|QQWHQ"´IUDJWHLFK $OV-LOOLYHUQHLQWHHUNOlUWHLFK ³'X ZDUWHVW KLHU 0LU PDFKW GDV 6F\ QLFKW YLHO DXV ,FK ZLOO VFKQHOO HLQPDO QDFKVHKHQZDVDXVPHLQHP.DPHUDGHQJHZRUGHQLVW´,FKKWHWHPLFKLKUHQ9DWHU]X HUZlKQHQ 'LH 1LJKPDQHQ XQG =DNRWHU NPPHUWHQ VLFK JUXQGVlW]OLFK QLFKW XP (OWHUQ RGHU*URHOWHUQVREDOGVLHVHOEHUHUZDFKVHQZDUHQXQGVLHQLFKWPHKUEUDXFKWHQ9RQ GHP =HLWSXQNW DQ GXUIWHQ VLH LKQHQ DXFK DXV JU|WHU *HIDKU QXU DXI DXVGUFNOLFKHQ :XQVFKKLQKHOIHQ ,FKGUFNWHLKUPHLQHQ.UXPPGROFKLQGLH+DQGXQGOLHIORV8QWHUZHJVVFKDOWHWH LFK GDV $XHQOXIW$WPXQJVV\VWHP DE ZRGXUFK VLFK DXWRPDWLVFK GLH LQWHUQH 9HUVRUJXQJVVWDWLRQDNWLYLHUWH1XQNRQQWHLFKGDV1HUYHQJDVQLFKWHLQDWPHQ$OOHUGLQJV ZDU HV LPPHU QRFK P|JOLFK GD GHU JDVI|UPLJH :LUNVWRII GXUFK GLH +DXW LQ PHLQ NQVWOLFKHV %OXWYHUVRUJXQJVV\VWHP HLQGUDQJ GHVKDOE VFKDOWHWH LFK HLQH 6SHUUH ]ZLVFKHQGLH6\VWHPHYRQ*HKLUQXQG.XQVWN|USHUYHUVRUJXQJ $OV LFK GLH .DUDZDQH HUUHLFKWH VDK LFK GD QXU GLH +lOIWH GHU :DJHQ ]HUVW|UW ZRUGHQ ZDU hEHUDOO ZDQNWHQ EHUOHEHQGH 1LJKPDQHQ XQG QRUGOlQGLVFKH 6|OGQHU KHUXP 2UDPXQ 3¶LGHP ODJ YHUNUPPW LQ HLQHU IODFKHQ 0XOGH GLH .OHWWHQVFKOHXGHU LQ GHU +DQG (LQ *LIWJHVFKR KDWWH VHLQH UHFKWH :DQJH JHVWUHLIW XQG VLFK LQ GHQ %RGHQ JHERKUW,FKOHJWHVHLQHQ+HOPEHUGDVYHU]HUUWH*HVLFKW $OV LFK PLFK ZLHGHU DXIULFKWHWH VDK LFK PHLQHQ )UHXQG XQG 3DUWQHU 5RQDOG WRUNHOWH ZLH EHWUXQNHQ XPKHU (U OLHI JHJHQ HLQHQ *RUVFKD GHU LKQ QXU VWXPSIVLQQLJ DQJORW]WH ,FKJLQJKLQXQGJULIIQDFK5RQDOGV$UP ³:R ELVW GX"´ IUDJWH HU PLW JlQ]OLFK YHUlQGHUWHU 6WLPPH 6HLQ .RSI GUHKWH VLFK UXFNDUWLJGDQQVWDUUWHQVHLQHXQQDWUOLFKZLUNHQGHQ$XJHQPLFKDQ 3O|W]OLFKILQJHUDQ]XODFKHQ ,FKVDJWHQLFKWVVRQGHUQ]RJPHLQHQ3DUWQHUPLWPLU(UVWUlXEWHVLFKXQGUHGHWH DOOHUOHLXQVLQQLJHV=HXJDEHUJHJHQGLH.UlIWHPHLQHU9ROOSURWKHVHNDPHUQLFKWDQ $XHUKDOE GHU *DV]RQH OLH LFK LKQ ORV (U EOLHE EUHLWEHLQLJ VWHKHQ GHQ 2EHUN|USHU PLW KlQJHQGHQ 6FKXOWHUQ OHLFKW QDFK YRUQ JHQHLJW XQG VFKZDQNWH 6HLQH $UPHKLQJHQNUDIWORVKHUDEXQGGLH3XSLOOHQZDUHQQDFKREHQYHUGUHKW ,FK EHUOHJWH ZDV LFK XQWHUQHKPHQ N|QQWH XP LKP VFKQHOO ]X KHOIHQ %HL LKP ZLUNWH GDV 1HUYHQJDV DXJHQVFKHLQOLFK YLHO KHIWLJHU DOV EHL GHQ (LQJHERUHQHQ 0|JOLFKHUZHLVH KLQWHUOLH HV VRJDU 'DXHUVFKlGHQ ZHQQ 5RQDOG QLFKW EDOG EHKDQGHOW ZXUGH(LQ0LWWHOJHJHQ6F\EHVDHQZLUQLFKWQLHPDQGLQ4XLQWR&HQWHUKDWWHGDUDQ JHGDFKWGD5RQDOGHLQHP*DVDQJULIIDXVJHVHW]WZHUGHQN|QQWH 6ROOWHLFKPLUGHQ)UHXQGDXIGHQ5FNHQODGHQXQGPLW+LOIHGHU)OXJDJJUHJDWH PHLQHU9ROOSURWKHVH]XP*HKHLPVWW]SXQNWIOLHJHQ"

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

'RUW IDQGHQ VLFK VLFKHU 0HGLNDPHQWH GLH ZHQLJVWHQV HLQH %HNlPSIXQJ GHU 6\PSWRPHHUODXEWHQ $EHU GDQQ ZUGH -LOOL QRFK VWXQGHQODQJ DOOHLQ LQ GHU 6DYDQQH VHLQ 5DXEWLHUH PRFKWHQLQGLHVHP*HELHWVHOWHQVHLQDEHUVLFKHUZDUVLFKHU .XU]HQWVFKORVVHQRKUIHLJWHLFK5RQDOG (U]XFNWHKHIWLJ]XVDPPHQ6HLQH+DOWXQJVWUDIIWHVLFK(UVDKPLULQGLH$XJHQ VHLQ%OLFNKDWWHVLFKZLHGHUQRUPDOLVLHUW ³+DOOR+DOEURERWHU´VDJWHHUOHLVH %HLQDKH KlWWH LFK PLW DOOHU .UDIW ]XJHVFKODJHQ ,P OHW]WHQ 0RPHQW EHKHUUVFKWH LFKPLFK ³+DOOR5RQDOG´HUZLGHUWHLFK³)KOVWGXGLFKEHVVHU"´ ³:LHVRGHQQ",QGLHVHPJOXWKHLHQ3DQ]HUKHPGVFKZLW]WPDQVLFKMDGLH6HHOH DXV GHP /HLE 'LU PDFKW HV QDWUOLFK QLFKWV DXV 'X ELVW MD QXU HLQ *HKLUQ LQ HLQHP 7UDQVSRUWEHKlOWHU´ ,FKULPHLQ6FKZHUWDXVGHU6FKHLGH 5RQDOGODFKWH ³6FKODJ GRFK ]X GX 6XSHUKHOG *LE UXKLJ PLW GHLQHQ JHERUJWHQ .UlIWHQ DQ ,FK ZHUGH PLFK QLFKW ZHKUHQ +HUUOLFK VLHKVW GX DXV (LQ VWUDKOHQGHU +HOG 0LW HLQHP VR YROOHQGHWHQ.|USHUEDXZDUHVOHLFKWGHUNOHLQHQ-LOOLGHQ.RSI]XYHUGUHKHQ$EHUZHQQ VLH ZWH ZDV YRQ GHP .USSHO 6LQFODLU 0DURXW .HQQRQ EULJJHEOLHEHQ LVW ZHQ YRQ XQVEHLGHQZUGHVLHGDQQZRKOEHYRU]XJHQ"´ (VZDUXQVHU*OFNGD5RQDOGVLFKGHUDUWLJVWHLJHUWH'DGXUFKZXUGHPLUWURW] GHU LQ PLU NRFKHQGHQ :XW NODU GD GDV 1HUYHQJDV IU GLH $XVEUFKH YHUDQWZRUWOLFK ZDU²XQGDOVLFKHUVWVRZHLWZDUNRQQWHLFKPLFKZLHGHUEHKHUUVFKHQ ³'XELVWMDQXUHLIHUVFKWLJ´HQWJHJQHWHLFKXQGVWHFNWHGDV6FKZHUWOlFKHOQGLQ GLH 6FKHLGH ]XUFN ³$XHUGHP VFKHLQW GHU YLHOH :KLVN\ GHQ GX LQ GHLQHP /HEHQ JHWUXQNHQKDVWGHLQ*HKLUQDXIJHZHLFKW]XKDEHQ´ ,FKVFKOXJLKPDXIGLH6FKXOWHU ³9RQ PLU DXV NDQQVW GX KLHU :XU]HOQ VFKODJHQ 5RQDOG ,FK JHKH ]X -LOOL XQG ZDUWHGRUWELVVLFKGHU*DVQHEHOYHU]RJHQKDW:HQQGXZLOOVWNDQQVWGXPLWNRPPHQ´ ,FKKREGLH6WLPPH ³8QG ZHQQ GX GHQNVW LFK ZUGH ZlKUHQG HLQHV ZLFKWLJHQ XQG JHIlKUOLFKHQ (LQVDW]HVDQHLQHQ)OLUWGHQNHQGDQQELVWGXµ 0HLQ)UHXQGKREDEZHKUHQGGLH+DQG ³1LFKW,FKVFKHLQHYHUZLUUWJHZHVHQ]XVHLQ6LQFODLU+DEHLFK8QVLQQJHUHGHW"´ ³'XKDVWPHLQH9ROOSURWKHVHHLQHQ7UDQVSRUWEHKlOWHUJHQDQQW´ (UHUVFKUDN ,FKJULQVWH ³$EHU PLFK NDQQVW GX GDPLW QLFKW NUlQNHQ K|FKVWHQV GLH /HXWH GLH GDV *HUlW KHUJHVWHOOWKDEHQ².RPPVWGXPLW]X-LOOL"´ 5RQDOGDWHPHWHDXI ³6HOEVWYHUVWlQGOLFK6LQFODLU,FKGHQNHGDLFKHLQLJHVJXW]XPDFKHQKDEH´

-LOOL6ZDF7XQNDPXQVDXIKDOEHP:HJHHQWJHJHQ8QWHUGHVVHQKDWWHVLFKHLQ IULVFKHU:LQGHUKREHQGHUGHQ*DVQHEHO]HUWHLOWHXQGYRQXQVZHJWULHE

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

'LHEHUOHEHQGHQNDPHQQDFKDQGHUWKDOE6WXQGHQZLHGHU]XVLFK6LHEHJUXEHQ GLH 7RWHQ UlXPWHQ DXI ZDV YRQ LKUHU :DUH HUKDOWHQ JHEOLHEHQ ZDU XQG ]RJHQ ZHLWHU JHQ:HVWHQ-LOOLV9DWHUZDUXQYHUVHKUWJHEOLHEHQ $P$EHQGOLHHUDQKDOWHQYHUERWDEHU)HXHUDQ]X]QGHQ5RQDOG-LOOLXQGLFK ODJHUWHQ LP QLHGHUJHWUDPSHOWHQ *UDV DHQ 7URFNHQIOHLVFK %URW XQG WUDQNHQ HLQHQ OHLFKWHQU|WOLFKHQ:HLQ <XURQ6ZDF7XQNDP]XXQVXQGIUDJWHREHUVLFKVHW]HQGUIH ,FKPDFKWHHLQHHLQODGHQGH*HVWHXQGVDJWH ³6LH VLQG XQV LPPHU ZLOONRPPHQ +HUU'DUI LFK 6LH ]X XQVHUHP EHVFKHLGHQHQ 0DKOHLQODGHQ"´ ³,FK ZUGH JHUQ HLQHQ 6FKOXFN :HLQ WULQNHQ 6FXVRQ 8QG ELWWH QHQQH PLFK <XURQ´ ³6HKUJHUQ´HUZLGHUWHLFK³'DQNH<XURQ´,FKJRLKP:HLQHLQ (UQLSSWHDQVHLQHP+RO]EHFKHUXQGVDJWHLQGHPHUPLFKDQVDK ³,FKGDQNHGLUGDIUGDGXGLH(QWIKUXQJPHLQHU7RFKWHU-LOOLYHUKLQGHUWKDVW 6FXVRQ:HQQGXP|FKWHVWJHEHLFKVLHGLU]XU)UDX'XN|QQWHVWLQPHLQHP*HVFKlIW DUEHLWHQXQGHVVSlWHUZHQQLFK]XDOWELQEHUQHKPHQ´ ,FK EHUOHJWH ILHEHUKDIW ZLH LFK PLFK DXV GLHVHU 6DFKH KHUDXVUHGHQ NRQQWH .HLQHVIDOOVGXUIWHLFKGHQHLQIOXUHLFKHQ1LJKPDQHQGLUHNWDEZHLVHQ$XHUGHPZROOWH LFKVHLQH7RFKWHUQLFKWNUlQNHQ ³,KU$QJHERWLVWHLQHVHKUJURH(KUHIUPLFK¶VDJWHLFKEHGlFKWLJ³,FKZROOWH HVJlEHHLQH0|JOLFKNHLWHVDQ]XQHKPHQ´,FKVHXI]WHVFKZHU <XURQEOLFNWHPLFKDXIPHUNVDPDQVDJWHDEHUQLFKWV 1DFKHLQHU:HLOHIXKULFKIRUW ³,FK YHUWUDXH HXFK DOOHQ GHVKDOE ZLOO LFK YHUUDWHQ GD LFK LQ :LUNOLFKNHLW QLFKW 6FXVRQ+RWNXUKHLH0HLQULFKWLJHU1DPHLVW%RURWLP7RQN´ ,FK VDK ZLH VLFK <XURQV XQG -LOOLV $XJHQ ZHLWHWHQ 1LFKW RKQH WULIWLJHQ *UXQG KDWWH LFK GHQ 1DPHQ GHV 6RKQHV YRQ .ODVWLFK 7RQN JHQDQQW HLQHV OHJHQGlUHQ 1RUGOlQGHUV GHU *HUFKWHQ ]XIROJH KHLPOLFK HLQ VWDUNHV +HHU DXI GHP 1RUGNRQWLQHQW VDPPHOWHXPDOOH9|ONHUYRQ.KD]D]XXQWHUZHUIHQ,Q3DWVHUVOHW]WHP%HULFKWJDEHV HLQHQ+LQZHLVGDUDXIGHU6SH]LDOLVWKDWWHDQJHQRPPHQZLUN|QQWHQGLHVH,QIRUPDWLRQ JHEUDXFKHQ²XQGHUKDWWHUHFKWEHKDOWHQ ³'X ELVW GHU 6RKQ YRQ .ODVWLFK 7RQN"´ IUDJWH <XURQ 6ZDF7XQ PLW EHOHJWHU 6WLPPH ³6HLQ lOWHVWHU 6RKQ ,FK VROO VHLQH %RPEHUZDIIH NRPPDQGLHUHQ ZHQQ GHU 7DJ JHNRPPHQLVW´ 'HU +lQGOHU ZLUNWH lXHUVW YHUOHJHQ (U NRQQWH QLFKW GDUDQ LQWHUHVVLHUW VHLQ HQJHQ .RQWDNW PLW GHP 6RKQ GHV VFKUHFNOLFKHQ .ODVWLFK 7RQN ]X SIOHJHQ (U ZUGH VLFKHUIURKVHLQZHQQXQVHUH:HJHVLFKWUHQQWHQ ³-DLQGLHVHP)DOO´VDJWHHU³NDQQLFK GLFKQDWUOLFKQLFKWKDOWHQ,FKVHKHHLQ GDGXGLFKQLFKWKLHUELQGHQGDUIVWZHQQGXGHPQlFKVWLQV1RUGODQG]XUFNNHKUVW´ -LOOLVSUDQJDXI ³1LPPPLFKPLW%RURWLP0LULVWHVJDQ]HJDOREGXGHU6RKQYRQ.ODVWLFK7RQN ELVW :DKUVFKHLQOLFK EHUWUHLEHQ GLH /HXWH VRZLHVR ZHQQ VLH .ODVWLFK QDFKVDJHQ HU ZROOHGLH:HOWHUREHUQ´ 5RQDOGV/LSSHQ]XFNWHQ(VIHKOWHQLFKWYLHOXQGHUKlWWHYRU6FKDGHQIUHXGHODXW

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

JHODFKW 'D ZDU LFK LQ HLQH NRPSOL]LHUWH /DJH JHUDWHQ *HJHQ /LHEH KDOIHQ DXFK GLH EHVWHQ3V\FKRWULFNVHLQHV8626SH]LDOLVWHQQLFKWV ³,FK NDQQ GLFK QLFKW PLWQHKPHQ -LOOL´ VDJWH LFK OHLVH ZREHL LFK PHLQH 6WLPPH ZHKPWLJ NOLQJHQ OLH ³%HYRU LFK QDFK 1LJKPDQ UHLVWH XP PLFK DOV %RPEHURLORW DXVELOGHQ ]X ODVVHQ PXWH LFK VFKZ|UHQ PLFK LP IUHPGHQ /DQG QLFKW ]X ELQGHQ $XHUGHP ZlUH GDV LQ XQVHUHP UDXKHQ .OLPD NHLQ /HEHQ²IU HLQH ]DUWH OLHEOLFKH %OXPHZLHGLFK-LOOL´ ,KU*HVLFKW]XFNWHVRVFKPHU]OLFKGDLFKDXIVWDQGGHQ$UPXPVLHOHJWHXQG WU|VWHQGDXIVLHHLQVSUDFKZlKUHQGLFKVLH]XGHP3ODQZDJHQEUDFKWHLQGHPLKU9DWHU LKUHLQ/DJHUKDWWHEHUHLWHQODVVHQ $OV LFK JLQJ NRQQWH LFK KRIIHQ GD -LOOL VLFK GDPLW DEJHIXQGHQ KDWWH QLHPDOV PHLQH)UDX]XZHUGHQ 'RFK LFK NRQQWH ODQJH QLFKW HLQVFKODIHQ 8QUXKLJ ZDQGHUWH LFK GXUFK GLH QlFKWOLFKH6DYDQQHODXVFKWHGHQ/DXWHQGHU7LHUZHOWXQGGHP5DXVFKHQGHV:LQGHV 2EZRKO GHU +LPPHO VLFK EHZ|ONW KDWWH ZDU HV KHOOHU DOV LQ HLQHU NODUHQ WHUUDQLVFKHQ 9ROOPRQGQDFKW'DIUZDUGLH1lKHGHVJDODNWLVFKHQ=HQWUXPVJHELHWHVYHUDQWZRUWOLFK (LQPDO IORJ HLQ 6FKZDUP ZLOGHU =RRQ EHU PLFK KLQZHJ (V VDK DXV DOV JOLWWHQ GLH 6FKDWWHQXUZHOWOLFKHU)OXJVDXULHUODXWORVDQHLQHUEHOHXFKWHWHQ:DQGYRUEHL .XU]YRUGHP0RUJHQJUDXHQQLFNWHLFKHLQ,FKHUZDFKWHDOVHLQH+HUGHJURHU 'LFNKlXWHU DQ PLU YRUEHL]RJ 'LH 7LHUH lVWHQ IULHGOLFK DEHU GD VLH VWlQGLJ %lXPH XPOHJWHQXPGLHEXQWVFKLOOHUQGHQ)UFKWHIUHVVHQ]XN|QQHQYHUXUVDFKWHQVLHHLQHQ EHWUlFKWOLFKHQ/lUP ,FKVWDQGDXIXQGOLHI]XU.DUDZDQH]XUFN <XURQ 6ZDF7XQ ZLQNWH PLU ]XUFNKDOWHQG ]X DOV LFK DQ VHLQHP :DJHQ YRUEHL JLQJ 9RQ -LOOL ZDU QLFKWV ]X VHKHQ 8QWHU GHP *HVFKUHL GHU :DJHQOHQNHU VHW]WH VLFK GLH.DUDZDQHLQ%HZHJXQJ ³'X KDVW GLFK VHKU ]DUWIKOHQG¶ DXV GHU $IIlUH JH]RJHQ %RURWLP´ IOVWHUWH 5RQDOG³'DV0lGFKHQLVWWRGXQJOFNOLFK´ ³6LH ZLUG GDUEHU KLQZHJNRPPHQ +lWWHVW GX GLFK QLFKW XQEHNOHLGHW YRQ LKU VHKHQODVVHQZlUHLKUGLH(QWWlXVFKXQJHUVSDUWJHEOLHEHQ´ 'DVKDOI0HLQ3DUWQHUVFKZLHJVLFKGHQJDQ]HQ7DJEHUGLH³$IIlUH´DXVXQG LFK EUDFKWH GLH 6SUDFKH DXFK QLFKW ZLHGHU GDUDXI -LOOL EOLHE LQ LKUHP :DJHQ (V ZDU ZRKODPEHVWHQVR (UVWDPIQIWHQ7DJXQVHUHU5HLVHVDKLFKVLHZLHGHU :LU ZDUHQ GHQ JDQ]HQ 9RUPLWWDJ DQ ZHLW DXVHLQDQGHUJH]RJHQHQ 3RVWHQNHWWHQ YRUEHLJHJDQJHQ XQG KDWWHQ JURH +HUGHQ YRQ =RRQ ZHLGHQ VHKHQ .XU] QDFK GHU 0LWWDJVUDVWVDKHQZLUDP+RUL]RQWHLQDXV6WHLQEO|FNHQHUULFKWHWHVV\PEROLVFKHV7RU² V\PEROLVFKGHVKDOEZHLOHVHLQVDPLP)UHLHQVWDQG7UXSSV%HZDIIQHWHUEHZHJWHQVLFK LQGHU1lKHXQGEHUGHP*HOlQGHNUHLVWHQ3DWURXLOOHQDXILKUHQ=RRQ ³:HQQ LKU ]XU 6FKXOH GHU =RRQ%RPEHU ZROOW PW LKU GLHVHV 7RU SDVVLHUHQ´ VDJWH6KDP*RORO ³'DQQEUHFKHQZLUDPEHVWHQJOHLFKDXI´PHLQWH5RQDOG :LU YHUDEVFKLHGHWHQ XQV YRQ DOOHQ GLH ZLU QlKHU NHQQHQJHOHUQW KDWWHQ <XURQ 6ZDF7XQ ZQVFKWH XQV YLHO *OFN (U VFKLHQ JHUKUW ]X VHLQ VLFKHU DEHU DXFK IURK XQVORV]XZHUGHQ ,FK IUDJWH QLFKW QDFK -LOOL DEHU DOV ZLU HWZD KXQGHUW 0HWHU YRQ GHU .DUDZDQH

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

HQWIHUQW ZDUHQ VFKOXJ VLH HLQHQ 7HLO GHU 3ODQH LKUHV :DJHQV ]XUFN XQG EOLFNWH XQV QDFK ,FK ZLQNWH DEHU VLH ZLQNWH QLFKW ]XUFN 1DFK HLQLJHQ 0LQXWHQ VFKOR VLFK GLH 3ODQHZLHGHU-LOOL6ZDF7XQZDUDXVPHLQHP/HEHQYHUVFKZXQGHQ ,FK GUHKWH PLFK XP XQG JLQJ QHEHQ 5RQDOG ]XP 7RU GHU %RPEHUVFKXOH (LQ7UXSS YRQ ]ZDQ]LJ VFKZHUEHZDIIQHWHQ 1RUGODQGV|OGQHUQ YHUVSHUUWH XQV GHQ :HJ ,KUQLJKPDQLVFKHU$QIKUHUWUDWDXIXQV]X ³:ROOWLKU]XU6FKXOHGHU=RRQ%RPEHU6|KQHGHVHLVLJHQ1RUGHQV"´IUDJWHGHU 1LJKPDQHIUHXQGOLFK :LUZLHVHQXQVHUH8QWHUDUPVLHJHOYRU ³:LUVLQGHUIDKUHQH%RPEHUSLORWHQ´HUNOlUWHLFK³:HQQPDQXQVEUDXFKWZROOHQ ZLUXQV]XU9HUIJXQJVWHOOHQ´ ³'DV *URH ,PSHULXP 1LJKPDQ LVW UHLFK ZHLO HV YLHOH WDSIHUH 3LORWHQ KDW´ HUZLGHUWH GHU $QIKUHU ³8QG HV KDW YLHOH WDSIHUH 3LORWHQ ZHLO HV VR JXW IU VLH VRUJW 6HLGZLOONRPPHQEHLGHQZRONHQEHVFKZLQJWHQ6WXUPY|JHOQLKU1RUGO$QGUpFNHQ´ (UZDQGWHVLFKDQVHLQHQ7UXSSXQGULHIHLQHQ6ROGDWHQ]XVLFKKHUDQ ³'DV LVW ,WLSRV 7XUS´ VDJWH HU ³(U ZLUG HXFK ]XP +DXV GHU ZHLVHQ (LQWHLOXQJ EULQJHQ,FKZQVFKHHXFKYLHO*OFN´ ³3XK´ PDFKWH 5RQDOG DOV ZLU DXHU +|UZHLWH ZDUHQ ³'HU %XUVFKH KDW HLQH $XVGUXFNVZHLVHGLHDQHLQHQJDQ]HQ%OXPHQJDUWHQHULQQHUW´ ³'LH /HXWH KLHU VROOHQ DOOH VR lKQOLFK VSUHFKHQ´ HUZLGHUWH LFK ³2IIHQEDU ZDU <XURQHLQHXQUKPOLFKH$XVQDKPH,FKQHKPHDQEHLGHP+DXVGHUZHLVHQ(LQWHLOXQJ KDQGHOWHVVLFKXPGDV9HUZDOWXQJVJHElXGHGHU%RPEHUVFKXOH´ (VVWHOOWHVLFKKHUDXVGDLFKULFKWLJYHUPXWHWKDWWH'DV9HUZDOWXQJVJHElXGH EH]LHKXQJVZHLVH GDV %HIHKOV]HQWUXP GHU %RPEHUVFKXOH EHVWDQG DXV HLQHP JURHQ .RPSOH[ HLQVW|FNLJHU 6WHLQKlXVHU GLH VWHUQI|UPLJ XP HLQH JHPDXHUWH .XSSHO DQJHRUGQHWZDUHQ ,WLSRV 7XUS IKUWH XQV ]XU 6FKPDOVHLWH HLQHV GHU +lXVHU EOLHE YRU HLQHU PHWDOOEHVFKODJHQHQ+RO]WUVWHKHQXQGEHJDQQVLFKDXV]X]LHKHQ 5RQDOG XQG LFK IROJWHQ QDFK NXU]HP =|JHUQ VHLQHP %HLVSLHO GHQQ ZLU NRQQWHQ XQV GHQNHQ GD ZLU HLQH :DVVHUVFKOHXVH ]X SDVVLHUHQ KDWWHQ EHYRU ZLU GHQ 9HUZDOWXQJVEDXEHWUHWHQGXUIWHQ 0LW GHU .OHLGXQJ XQWHU GHQ $UPHQ WUDWHQ ZLU GDQQ GXUFK GLH 7U :LU EHIDQGHQ XQV LQ HLQHP )OXU PLW JOlVHUQHU 'HFNH VR GD JHQJHQG 7DJHVOLFKW KHUHLQILHO ,Q GHU 0LWWH GHV )OXUHV EHIDQG VLFK HLQ XQJHIlKU IQI 0HWHU ODQJHV XQG ]ZHL 0HWHU EUHLWHV JHNDFKHOWHV %HFNHQ GDV ELV IDVW ]XP 5DQG PLW :DVVHU JHIOOW ZDU 'DV :DVVHU IOR WUlJHYRQOLQNVQDFKUHFKWV 7XUSGUHKWHDQHLQHPEURQ]HQHQ5DG]XU/LQNHQ'HU:DVVHUIOXVWRFNWH=XXQG $EIOX ZDUHQ JHVSHUUW 'HU (LQJHERUHQH QDKP HLQHQ 7RQNUXJ DXV HLQHU :DQGQLVFKH XQGJRGHQ,QKDOWLQV:DVVHU'DQDFKOHJWHQZLUXQVHUH.OHLGXQJDXIHLQ*HVWHOOXQG VWLHJHQLQGLH:DVVHUVFKOHXVH ,FK ZXWH GD 7XUS HLQH UHLQLJHQGH XQG GHVLQIL]LHUHQGH (VVHQ] LQV :DVVHU JHVFKWWHW KDWWH HLQH (VVHQ] GLH DXV GHP +RO] GHU *DVFKND\%lXPH JHZRQQHQ ZXUGH'RFKLFKZXWHQLFKWGDVLHHLQHQGHUDUWVFKDUIHQ*HUXFKHQWIDOWHWH :LU ULHEHQ XQV DE NOHWWHUWHQ DXV GHU :DVVHUVFKOHXVH XQG WURFNQHWHQ XQV PLW JURHQ EXQWHQ 7FKHUQ GLH RIIHQEDU DXV 3IODQ]HQIDVHUQ KHUJHVWHOOW ZDUHQ 'DQDFK

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

UHLFKWH,WLSRV7XUSXQVIULVFKH8QWHUNOHLGXQJGLHHUHLQHP:DQGVFKUDQNHQWQDKP 5RQDOGDWPHWHYHUVWRKOHQDXIDOVHULQGLHIULVFKH8QWHUZlVFKHVWLHJ6HLQHDOWH 8QWHUZlVFKH ZDU WRWDO YHUVFKZLW]W XQG YRQ GHQ 6WDKOVFKXSSHQ VHLQHV 3DQ]HUKHPGHV WHLOZHLVH]HUULHEHQZRUGHQ'LHELRFKHPLVFKLQVFKZDU]HP)DUEWRQJHKDOWHQH+DXWZDU YRQ3LFNHOQEHUVlWXQGDQPHKUHUHQ6WHOOHQDXIJHVFKHXHUW 8QVHUH5VWXQJHQPXWHQZLUDOOHUGLQJVZLHGHUDQ]LHKHQDEHUZHQLJVWHQVZDU HVJHVWDWWHWLQ*HElXGHQEDUIX]XJHKHQIU5RQDOGVJHVFKXQGHQH)HHLQHZDKUH :RKOWDW $QVFKOLHHQG IKUWH XQV GHU (LQJHERUHQH GXUFK PHKUHUH 5lXPH LQ GHQHQ QLJKPDQLVFKH2IIL]LHUHXQVUHJLVWULHUWHQXQGDOOHVRQVWLJHQ)RUPDOLWlWHQHUOHGLJWHQGLH PLWGHU(LQJOLHGHUXQJLQHLQH.DPSIWUXSSHYHUEXQGHQZDUHQ=XP6FKOXOLHIHUWHXQVHU )KUHU5RQDOGXQGPLFKEHLP6WDOOPHLVWHUHLQHVVFKZHUHQ%RPEHUYHUEDQGHVDEGHP ZLU]XJHWHLOWZRUGHQZDUHQ :LUHUNDQQWHQ,PLUDOGHQ%HREDFKWHUVRIRUWOLHHQXQVDEHUQLFKWVDQPHUNHQ 1DFKGHP,WLSRV7XUSJHJDQJHQZDUVDJWH,PLUDO ³6LH VLQG DOVR EHZlKUWH %RPEHUSLORWHQ :DV KDEHQ 6LH GHQQ JHWDQ EHYRU 6LH KLHUKHUNDPHQ"´ ³,QHLQHP:DQGVFKUlQNFKHQQDFK$ONRKROLNDJHVXFKW´DQWZRUWHWHPHLQ3DUWQHU RKQHHLQH0LHQH]XYHU]LHKHQ ,PLUDOV%UDXHQZ|OEWHQVLFKHWZDVDQVRQVWHQOLHHUVLFKQLFKWDQPHUNHQREHU EHJULIIHQKDWWH ³$KD8QGZDVIDQGHQ6LHLQGHPEHZXWHQ:DQGVFKUlQNFKHQ"´ ³(LQH 0LNUR,QIRUPDWLRQVNDSVHO´ VDJWH LFK ³9LHOHQ 'DQN ,PLUDO 6LH KDEHQ DXVJH]HLFKQHWH$UEHLWJHOHLVWHW:LUVLQGGLH0lQQHUGLHZHJHQ
hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

³:HLWHU´IRUGHUWH5RQDOGGHQ1RUGOlQGHUDXI ³(VJLEWQLFKWVZHLWHU]XVDJHQ´HUNOlUWH,PLUDO 5RQDOGUXQ]HOWHGLH6WLUQ ³6ROOGDVKHLHQGD]ZHL*URUHLFKHQXUZHJHQHLQLJHU%lXPH.ULHJIKUHQ"´ ³(VWXWPLUOHLG´VDJWH,PLUDOYHUOHJHQ³'LH9|ONHUYRQ.KD]DKDEHQQRFKQLFKW GLHJHLVWLJH5HLIHGHU5DXPIDKUWWUHLEHQGHQ9|ONHUHUUHLFKW1LJKPDQXQG=DNRWIKUHQ WDWVlFKOLFKQXUZHJHQGHU*DVFKND\%lXPH.ULHJ´ 'LHVPDO ZDUHQ 5RQDOG XQG LFK YHUOHJHQ
hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

1DFK GHP )UKVWFN PDUVFKLHUWHQ GLH %RPEHUSLORWHQ LQ NOHLQHQ 7UXSSV DE :HQLJVSlWHUVDKHQZLUGLHHUVWHQ=RRQEHUGDV/DJHUIOLHJHQ(VZDUHQGLHJU|WHQ ([HPSODUH GLH LFK MHPDOV JHVHKHQ KDWWH 6LH KDWWHQ DOOHUGLQJV DXHU LKUHQ 3LORWHQ VFKZHUH%RPEHQ]XWUDJHQW|QHUQH%HKlOWHUGLHXQWHULKQHQDXIJHKlQJWZDUHQ ³6RHLQLGLRWLVFKHU.ULHJ´VFKLPSIWH5RQDOG ³MHGHU.ULHJLVWLGLRWLVFK´HUZLGHUWHLFK ³1LFKW MHGHU´ ZLGHUVSUDFK PHLQ 3DUWQHU ³0DQFKPDO PX HLQ 9RON VLFK JHJHQ $QJULIIHZHKUHQGLHHVQLFKWSURYR]LHUWH´ ,FKOlFKHOWH ³,FK ZHL 'HVKDOE ZLUG GHU .ULHJ QLFKW ZHQLJHU LGLRWLVFK $EHU ODVVHQ ZLU GDV 'RUWNRPPWXQVHU6WDOOPHLVWHU´ ,PLUDO GHU %HREDFKWHU ULWW DXI HLQHP =RRQ LQV /DJHU HLQ 'DV 7LHU EHZHJWH VLFK DP %RGHQ VR VHOEVWYHUVWlQGOLFK ZLH LQ GHU /XIW 'LH KRKHQ NUlIWLJHQ %HLQH XQG GLH VWDUNHQ/DXI]HKHQEHIlKLJWHQHVGD]X 9RUXQVKLHOW,PLUDOVHLQ7LHUDQ ³,KUVHLG6FXVRQ+RWNXUXQG7¶DEDQ7HQWKUHGR"´IUDJWHHUXQGPXVWHUWHXQVPLW ILQVWHUHP%OLFN ,FKVDKLKQYHUZXQGHUWDQ1DWUOLFKPXWHHUXQVLQ*HJHQZDUWDQGHUHU3LORWHQ GX]HQDEHUZDUXPIUDJWHHUQDFKXQVHUHQ1DPHQ" ³6RLVWHV´DQWZRUWHWHPHLQ3DUWQHU ³'DQQ EHJHEW HXFK ]X GHP .UHLV GHU 9|JHO GHV *UDXHQV´ VDJWH ,PLUDO LP %HIHKOVWRQ³,KUZHUGHWGRUWHXUH%RPEHUXQGGHQ(LQVDW]EHIHKOHUKDOWHQ´ (UVFKQDO]WHPLWGHU=XQJH6HLQ=RRQWUDEWHORV5RQDOGXQGLFKPXWHQVFKQHOO ]XU6HLWHVSULQJHQXPQLFKWEHUUDQQW]XZHUGHQ ³,VWGHU.HUOYHUUFNW"´VFKLPSIWHLFK 5RQDOGOlFKHOWH ³,P *HJHQWHLO ,PLUDO LVW GDUDXI EHGDFKW NHLQHQ $UJZRKQ DXI XQV ]X OHQNHQ (U KDW VRHEHQ EHU]HXJHQG GHPRQVWULHUW GD ZLU QLFKWV DQGHUHV VLQG DOV QRUGOlQGLVFKH 6|OGQHU´ ,FK HUZLGHUWH QLFKWV GDUDXI VRQGHUQ JLQJ ]X HLQHP GLFKW EHL XQV VWHKHQGHQ 0XVNHO]ZHUJXQGIUDJWHLKQQDFKGHP:HJ]XP.UHLVGHU9|JHOGHV*UDXHQV(UJDE EHUHLWZLOOLJ$XVNXQIW (LQH KDOEH 6WXQGH VSlWHU HUUHLFKWHQ ZLU GHQ GXUFK 0DUNLHUXQJVVWHLQH JHNHQQ]HLFKQHWHQ 2UW HLQHQ UHFKWHFNLJHQ 3ODW] YRQ GHU *U|H YRQ PLQGHVWHQV ]HKQ )XEDOOIHOGHUQ (LQH +HUGH YRQ HWZD IQI]LJ =RRQ ZXUGH LP .UHLV XP GHQ 3ODW] KHUXPJHWULHEHQ 6FKlW]XQJVZHLVH GLH JOHLFKH $Q]DKO 3LORWHQ ZDUWHWH QHEHQ HLQHU $QVDPPOXQJ*RUVFKDZDJHQ $OVZLUGLH*UXSSHHUUHLFKWHQKROWH,PLUDOXQVDXIVHLQHP5HLWYRJHOHLQ1HEHQ LKPULWWDXIHLQHP=RRQPLWEHVRQGHUVVFK|QHP)HGHUNOHLGHLQ1LJKPDQH 'LH EHLGHQ 0lQQHU ]JHOWHQ LKUH 7LHUH YRU XQV :LU XQG GLH DQGHUHQ 3LORWHQ ZDQGWHQLKQHQGLH*HVLFKWHU]X ³6|KQHGHV+LPPHOV´ULHIGHU1LJKPDQH³GLH6WXQGHGHUUDXVFKHQGHQ)OJHOLVW JHNRPPHQ,KUZHUGHWDXIHXUH=RRQVWHLJHQXQGGLH:RONHQZHVHQQDFK=DNRWOHQNHQ XPGHQIHLJHQ*HJQHUQGDV)UFKWHQ]XOHKUHQ´ ,P JOHLFKHQ 6WLO JLQJ HV QRFK HLQLJH 0LQXWHQ ODQJ ZHLWHU GDQQ YHUDEVFKLHGHWH VLFKGHU1LJKPDQHXQGEHUOLH HVGHP6WDOOPHLVWHU,PLUDOGLH(LQVDW]YRUEHUHLWXQJHQ

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

]XRUJDQLVLHUHQ,PLUDOJDENQDSSHSUl]LVH%HIHKOH :LU KDOIHQ PLW GLH /DVWHQ ]XUHFKW]XOHJHQ 'DQDFK ZXUGHQ GLH =RRQ YRQ LKUHQ %HWUHXHUQKHUDQJHIKUWXQGEHODGHQ'LH7LHUHHUZLHVHQVLFKDOVYROONRPPHQ]DKPXQG VHKUZLOOLJ ,PLUDOZLHVXQV]ZHLVHKUNUlIWLJH7LHUH]X ³,KUVHLGOlQJHUH=HLWQLFKWJHIORJHQ´VDJWHHU]XXQV³GHVKDOEEHNRPPWLKUGLH EHLGHQLQWHOOLJHQWHVWHQ7LHUH´ (U]HLJWHDXIGDVHUVWH ³'DV KHLW )ODE XQG ZLUG 7HQWKUHGRV %RPEHU VHLQ +RWNXUV 7LHU K|UW DXI GHQ 1DPHQ6ORGDL,KUIOLHJWKHXWHEHZDIIQHWH$XINOlUXQJLQJURHU+|KH².RPPWQlKHU´ (U NQLHWH VLFK KLQ XQG EUHLWHWH HLQH SULPLWLYH .DUWH DXI GHP %RGHQ DXV 5RQDOG XQG LFK UFNWHQ GLFKW KHUDQ ,FK VDK GHQ ZHVWOLFKHQ .VWHQVWUHLIHQ GHV .RQWLQHQWV 1LJKPDQXQGZHVWOLFKHLQHVJUWHODUWLJJHIRUPWHQ0HHUHVGHQ]DNRWLVFKHQ.RQWLQHQW ³+|UHQ 6LH ELWWH JHQDX ]X´ IOVWHUWH ,PLUDO ³6LH ZHUGHQ GDV VRJHQDQQWH *UWHOPHHUEHUIOLHJHQHWZD]ZDQ]LJ.LORPHWHUQDFK=DNRWHLQGULQJHQXQGGDQQQDFK 1RUGHQDEVFKZHQNHQ$XIGLHVH:HLVHEHZHJHQ6LHVLFKLQGHUXQJHIlKUHQ5LFKWXQJ MHQHU,QVHODXIGHUVLFKGHU.UDWHUGHVGXQNOHQ0RQGHVEHILQGHW´ ³$EHUGDGLH5HLFKZHLWHHLQHV=RRQQLFKWJHQJWXPGLH,QVHODQ]XIOLHJHQ´ILHO 5RQDOG HLQ ³PVVHQ ZLU XQWHUZHJV YRQ GHQ 6lWWHOQ GHU 7LHUH ZHJ PLW HLQHP )OXJDJJUHJDWVWDUWHQ´ ³'DV VROOHQ 6LH HEHQ QLFKW WXQ´ ZLGHUVSUDFK ,PLUDO ³
hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

6ORGDL WUDEWH ODQJVDP ORV ZXUGH VFKQHOOHU XQG LPPHU VFKQHOOHU EUHLWHWH GLH )OJHO DXV XQG KRE PLW NUDIWYROOHQ 6FKOlJHQ DE 6REDOG VLFK VHLQH )H YRP %RGHQ O|VWHQ ]RJ HU GLH %HLQH DQ 'LH EHLP /DXIHQ HQWVWHKHQGHQ 6W|H K|UWHQ DXI (UVFKWWHUXQJVIUHLVFKZDQJPHLQ=RRQVLFKHPSRU ,FKVWHXHUWHPHLQHQ%RPEHUELVDXIGUHL.LORPHWHU+|KH0LW+LOIHGHU0HJHUlWH PHLQHU 9ROOSURWKHVH NRQQWH LFK GLH +|KH H[DNW EHVWLPPHQ 'DQQ VDK LFK PLFK QDFK 5RQDOGXP 0HLQ)UHXQGIORJDXIVHLQHP=RRQHWZDKXQGHUW0HWHUKLQWHUPLU(UZLQNWHPLU ]XXQGULHIHWZDVGRFKGHU)DKUWZLQGOLHNHLQH9HUVWlQGLJXQJ]X ,FK]RJEHLGH5LFKWXQJV]JHOJOHLFKPlLJDQXQGPHLQ9RJHOYHUULQJHUWHVHLQH *HVFKZLQGLJNHLW5RQDOGKROWHXQVHLQ ³1XQZLHJHIlOOWGLUGDV"´ULHILFK ³9RUOlXILJ QRFK UHFKW JXW´ DQWZRUWHWH HU ³+RIIHQWOLFK JHUDWHQ ZLU QLFKW LQ HLQ *HZLWWHU8QVHUH6FKXSSHQSDQ]HUZUGHQGLH%OLW]HDQ]LHKHQµ ³'DQQ ]LHKHQ ZLU GLH %OHFKKHPGHQ DXV VREDOG ZLU LQ HLQ *HZLWWHU JHUDWHQ hEULJHQV ZUGH LFK EHLP hEHUIOLHJHQ GHV *UWHOPHHUHV JHUQ KHUXQWHU JHKHQ XQG PLU GLH6FKLIIHGHU=DNRWHUDQVHKHQ:DVKlOWVWGXYRQHLQHP7LHIIOXJ"´ ³,FKKDEHQLFKWVGDJHJHQQXUEHU=DNRWJHKHQZLUOLHEHUVRKRFKZLHP|JOLFK GDPLWPDQXQVQLFKWPLW.OHWWHQJHVFKRVVHQVSLFNW´ ,FK QLFNWH XQG VSlKWH QDFK XQWHQ 6RHEHQ EHUIORJHQ ZLU GLH QLJKPDQLVFKH .VWH/LQNVXQWHUXQVODJGLH+DIHQVWDGW7UDYWRQ,FKEHZHJWHGHQ+|KHQ]JHO 6ORGDLYHUlQGHUWHGLH)OJHOVWHOOXQJXQGVFKOXJQLFKWPHKU'LH/XIWUDXVFKWHDOV ZLU LQ VWHLOHP :LQNHO KLQDEVWLHHQ ,Q IQIKXQGHUW 0HWHUQ +|KH ]RJ LFK PHLQHQ =RRQ ZLHGHUKRFK'HU$EVWLHJVZLQNHOIODFKWHDEXQGZHQLJVSlWHUIORJLFKLQKXQGHUW0HWHUQ +|KHEHUGHUVFKZDFKEHZHJWHQ6HH 5RQDOGKDWWHGDV0DQ|YHUDXI)ODEPLWYROO]RJHQXQGZLQNWHPLU]X(UVDVWDUN YRUQEHUJHQHLJW DXI VHLQHP 7LHU ZDKUVFKHLQOLFK XP GLH :LUNXQJ GHV )DKUWZLQGHV DE]XPLOGHUQ 'DV EHZLHV PLU ZLHGHU HLQPDO GLH hEHUOHJHQKHLW PHLQHU 9ROOSURWKHVH JHJHQEHUMHGHPQDWUOLFKJHZDFKVHQHQ.|USHU $QQlKHUQG ]ZHL 6WXQGHQ ODQJ MDJWHQ ZLU PLW +|FKVWJHVFKZLQGLJNHLW GDKLQ 8QVHUH =RRQ ZDUHQ ZLUNOLFK HLQH .ODVVH IU VLFK 'LH DQGHUHQ VFKZHUHQ %RPEHU HUUHLFKWHQ PLW /DVW HLQH 5HLVHJHVFKZLQGLJNHLW YRQ K|FKVWHQV KXQGHUW]ZDQ]LJ 6WXQGHQNLORPHWHUXQVHUH9|JHOIORJHQKXQGHUWDFKW]LJ 'DGDV*UWHOPHHUDQGLHVHU6WHOOHQXU.LORPHWHUEUHLWZDUKDWWHQZLULQGHQ ]ZHL 6WXQGHQ EHU GLH +lOIWH GHU (QWIHUQXQJ KLQWHU XQV JHEUDFKW DOV ZLU DP +RUL]RQW SO|W]OLFK0DVWVSLW]HQHUVSlKWHQ ,FK]lKOWHVLHE]HKQ0DVWVSLW]HQ%DOGGDUDXINRQQWHQZLUDXFKGLH6FKLIIHVHOEVW VHKHQ (VKDQGHOWHVLFKXP]ZHLYHUVFKLHGHQDUWLJH7\SHQ=Z|OIZDUHQODQJHXQGEUHLWH /DVWVFKLIIHPLWMHHLQHP0DVWDQGHPVWDWW6HJHOQDEHUQXUVWHLIH6WDQGDUWHQEHIHVWLJW ZDUHQ6LHlKQHOWHQWHUUDQLVFKHQ*DOHHUHQVFKLIIHQGHV-DKUKXQGHUWVZDUHQDEHU SULPLWLYHUJHEDXW,KUH/DGXQJEHVWDQGDXV%DXPVWlPPHQ 'LH DQGHUHQ IQI 6FKLIIH ZDUHQ NOHLQHU XQG RIIHQVLFKWOLFK QXU IU .ULHJV]ZHFNH JHEDXW 6LH EHVDHQ MH GUHL 5XGHUUHLKHQ XQG ZDUHQ PLW VWDKOEHVFKODJHQHQ 5DPPE|FNHQ (QWHUEDONHQ XQG LP 9RUVFKLII MHZHLOV PLW HLQHP PDVVLYHQ +RO]WXUP DXVJHUVWHWDXIGHP%HZDIIQHWHVWDQGHQ

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

$OV PDQ XQV HQWGHFNWH HUVFKLHQHQ QRFK PHKU %HZDIIQHWH DXI GHQ 6FKLIIVWUPHQ XQG GLH 6FKLIIH IXKUHQ NUHX] XQG TXHU GXUFKHLQDQGHU =DKOUHLFKH .OHWWHQVFKOHXGHUQZXUGHQJHVSDQQW 5RQDOG XQG LFK YHUVWlQGLJWHQ XQV PLW %OLFNHQ 'HU .ULHJ ]ZLVFKHQ GHQ EHLGHQ NKD]DLVFKHQ *URPlFKWHQ JLQJ XQV QLFKWV DQ XQG ZLU ZROOWHQ XQV QLFKW PXWZLOOLJ HLQPLVFKHQ:LUVFKZHQNWHQVFKDUIDEXQGOLHHQXQVHUH=RRQZLHGHUDXIGUHLWDXVHQG 0HWHU+|KHVWHLJHQ +RFKEHUGHQ:RONHQIORJHQZLUDXIGLH2VWNVWH=DNRWV]X

:LH,PLUDOXQVJHUDWHQKDWWHGUDQJHQZLUQXU]ZDQ]LJ.LORPHWHUQDFK=DNRWHLQ XQGVFKZHQNWHQGDQQLPUHFKWHQ:LQNHOQDFK1RUGHQDE 8QWHUXQVODJHQULHVLJH:HLGHIOlFKHQDXIGHQHQ7DXVHQGHXQGDEHU7DXVHQGH ]DNRWLVFKHU =RRQ JUDVWHQ (LJHQWOLFK KlWWHQ ZLU²DOV 6|OGQHU 1LJKPDQV²GLH 3IOLFKW JHKDEWXQVHUH%RPEHQDXIHLQHVROFKH+HUGH]XZHUIHQDEHUZLUGDFKWHQQLFKWGDUDQ $OOHUGLQJV KlWWHQ ZLU GDUDQ GHQNHQ VROOHQ GD GLH =DNRWHU GDV MD QLFKW DKQHQ NRQQWHQ :LU PHUNWHQ HV HUVW DOV SO|W]OLFK YLHU SIHLOVFKQHOOH IHLQGOLFKH -DJG=RRQ DXV EHUK|KWHU3RVLWLRQDXIXQVKHUDEVWLHHQ 8QVHUH=RRQUHDJLHUWHQVHOEVWlQGLJ6LHOHJWHQGLH)OJHODQXQGJLQJHQLQHLQHQ ZDKQZLW]LJHQ 6WXU]IOXJ EHU (LQ .OHWWHQJHVFKR SUDOOWH NUDIWORV JHJHQ PHLQHQ (LVHQKHOP)UGXUFKVFKODJHQGH7UHIIHUZDUGLH(QWIHUQXQJ]XJUR 1DFK NXU]HU =HLW ZXUGH PLU MHGRFK NODU GD ZLU XQV WURW] GHU NOXJHQ 5HDNWLRQ XQVHUHU7LHUHGHP.DPSIQLFKWZUGHQHQW]LHKHQN|QQHQ'LHJHJQHULVFKHQ-DJG=RRQ ZDUHQ HUKHEOLFK VFKQHOOHU XQG LKUH 3LORWHQ VFKLHQHQ DXI HLQHQ .DPSI YHUVHVVHQ ]X VHLQ(VKDQGHOWHVLFKXP]ZHL1RUGOlQGHUHLQHQ=DNRWHUXQGHLQHQ0XVNHO]ZHUJDEHU VLHIORJHQDOOHJOHLFKJHVFKLFNW=ZHLEHUKROWHQXQVXQGVHW]WHQ]XP$EIDQJPDQ|YHU DQ .OHWWHQJHVFKRVVHSILIIHQGXUFKGLH/XIW6HNXQGHQVSlWHUIORKHQ]ZHL-DJG=RRQ PLW LKUHQ OHEORVHQ 3LORWHQ 5RQDOG XQG LFK ZDUHQ QLFKW JHWURIIHQ ZRUGHQ 'LH EHLGHQ DQGHUHQ-DJGSLORWHQVWU]WHQVLFKLQEOLQGHU:XWDXIXQV'DVUHWWHWHLKQHQGDV/HEHQ GHQQ ZLU NRQQWHQ LKQHQ DXVZHLFKHQ ELV HV XQV JHODQJ LQ HLQHU DXVJHGHKQWHQ :RONHQVFKLFKWXQWHU]XWDXFKHQ 'DPHLQ3DUWQHUNHLQH0|JOLFKNHLWEHVDPLFK]XRUWHQIROJWHLFKLKPPLW+LOIH PHLQHU ,QIUDURW2SWLN =HKQ 0LQXWHQ ODQJ NXUYWHQ XQVHUH 9HUIROJHU ]LHOORV LP :RONHQPHHU KHUXP GDQQ JDEHQ VLH HV DXI ,KUH 7KHUPRNRQWXUHQ VFKZHQNWHQ QDFK 6GRVWHQDE ,FK ORWVWH PHLQHQ 3DUWQHU GXUFK 3ILIIH DXV GHQ :RONHQ KLQDXV GDQDFK VHW]WHQ ZLUGHQ)OXJQDFK1RUGHQIRUW ,FK EHREDFKWHWH DXIPHUNVDP GDV /DQG XQWHU XQV ,Q .VWHQQlKH ZDU HV IU NKD]DLVFKH%HJULIIHVWDUNEHVLHGHOW:LUEHUIORJHQLPPHUZLHGHU'|UIHUXQGYHUHLQ]HOWH 6WlGWHVDKHQ:LHVHQXQG)HOGHUXQGVRJXWZLHNHLQH6SXUHQGHV.ULHJHV 1DFK HLQLJHU =HLW DEHU HQWGHFNWH LFK VWDUNH :lUPHVWUDKOXQJ DP QRUG|VWOLFKHQ +RUL]RQW ,FK XQWHUULFKWHWH 5RQDOG GDYRQ :LU VFKZHQNWHQ LQ GLHVH 5LFKWXQJ XQG EDOG GDUDXIVDKHQZLUGLFKWH5DXFKZRONHQDXIVWHLJHQ ,FKZDUIHLQHQ%OLFNDXIGLH.DUWHGLH,PLUDOXQVPLWJHJHEHQKDWWH

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

³'RUW OLHJW 3DS\ORV HLQH ]DNRWLVFKH +DIHQVWDGW´ ULHI LFK PHLQHP )UHXQG ]X ³$QVFKHLQHQGKDEHQQLJKPDQLVFKH%RPEHUVLHDQJHJULIIHQµ ³'DQQ PDFKHQ ZLU DP EHVWHQ HLQHQ JURHQ %RJHQ XP 3DS\ORV´ ULHI 5RQDOG ]XUFN ,FK QLFNWH XQG GHXWHWH QDFK 1RUGZHVWHQ hEHU GHP 0HHU PRFKWH LFK ]XU =HLW 3DS\ORVQLFKWXPJHKHQGHQQGRUWVSLHOWHQVLFKEHVWLPPW]DKOUHLFKH/XIWNlPSIHDE ³(LQYHUVWDQGHQ´ULHI5RQDOG (LQHJXWH6WXQGHODQJIORJHQZLULQQRUGZHVWOLFKHU5LFKWXQJXQGEHUTXHUWHQGDV 9RUODQG HLQHV KRKHQ *HELUJV]XJHV 'RUW IDQGHQ ZLU QXU ZHQLJH =HLFKHQ HLQHU =LYLOLVDWLRQ 'DIU WDXFKWHQ LPPHU ZLHGHU ZLOGH =RRQ DXI VLH EHJOHLWHWHQ XQV MHZHLOV HLQLJH=HLWGDQQEOLHEHQVLH]XUFN $OVZLUHLQ*HELUJVWDOGXUFKIORJHQULHI5RQDOG ³:LUVROOWHQODQGHQXQGXQVHUHQ9|JHOFKHQHLQZHQLJ5XKHJ|QQHQ$XHUGHP KDEHQVLHEHVWLPPW+XQJHU ,FKVDKPLFKXP'LHVH*HJHQGZDUY|OOLJPHQVFKHQOHHU ³(LQYHUVWDQGHQ´HUZLGHUWHLFKXQGEHZHJWHGHQ+|KHQ]JHO *HKRUVDP ODQGHWH 6ORGDL QHEHQ GHP VFKPDOHQ %DFK GHU GDV JUQH 7DO GXUFKIOR8QVHUH7LHUHWUDQNHQHWZDVYRQGHPNODUHQ:DVVHUGDQQEHJDQQHQVLH]X JUDVHQ (V ZDU HLQ IULHGOLFKHV %LOG 1XU GLH LQ GHQ $XIKlQJHUQ EDXPHOQGHQ %RPEHQ VW|UWHQ ,FKVDKPHLQHP)UHXQGHLQH:HLOHEHLP(VVHQ]XGDQQVWLHJLFKGHQ6GKDQJ KLQDXI XQG VDK PLFK XP 1LUJHQGV ZDUHQ $Q]HLFKHQ PHQVFKOLFKHU %HVLHGOXQJ ]X HUNHQQHQ6RWLHILP*HELUJHVFKLHQHVQLFKWHLQPDO+LUWHQ]XJHEHQ ,FK VHW]WH PLFK DXI HLQHQ )HOVEORFN XQG ULHI PLU GLH ,QIRUPDWLRQHQ EHU GHQ 8UVSUXQJ GHU .KD]HU LQV *HGlFKWQLV 2EZRKO HV GDUEHU NHLQH $XI]HLFKQXQJHQ JDE KDWWH PDQ DXI *UXQG YHUVFKLHGHQHU )XQGH JHVFKORVVHQ GD YRU HWZD GUHLLJWDXVHQG -DKUHQ $NRQHQ DOVR LQ GLUHNWHU /LQLH YRQ GHU (UVWHQ 0HQVFKKHLW DEVWDPPHQGH 0HQVFKHQDXI.KD]DJHODQGHWZDUHQ$XVXQHUILQGOLFKHQ*UQGHQZDULKUHQVSlWHUHQ 1DFKNRPPHQ GDV KRKH WHFKQLVFKH :LVVHQ GHU $NRQHQ YHUORUHQJHJDQJHQ 9LHOOHLFKW KDWWHQVLHDXFKIUHLZLOOLJEHVFKORVVHQGHUDNRQLVFKHQ6XSHUWHFKQLN]XHQWVDJHQ 'RFKLKU,QWHOOLJHQ]TXRWLHQWKDWWHVLFKQLFKWYHUULQJHUWXQGVLHOHEWHQZHQQPDQ HLQPDOYRQGHUIHKOHQGHQ6XSHUWHFKQLNDEVDKGXUFKDXV]LYLOLVLHUW6REHWUDFKWHWZDUHQ GLH.KD]DHUHLQ3KlQRPHQ =XPLQGHVW GLH 1LJKPDQHQ XQG =DNRWHU GHQQ GLH 1RUG XQG 6GOlQGHU IKUWHQ DXI LKUHQ +HLPDWNRQWLQHQWHQ HLQ EDUEDULVFKHV /HEHQ 'LH :LVVHQVFKDIWOHU VWULWWHQ VLFK DXHUGHPQRFKGDUXPREGLH1RUGODQGULHVHQXQG0XVNHO]ZHUJHGXUFK0XWDWLRQHQYRQ DNRQLVFKHQ 6LHGOHUQ HQWVWDQGHQ ZDUHQ RGHU RE VLH VLFK VHOEVWlQGLJ DXI GLHVHP 3ODQHWHQHQWZLFNHOWKDWWHQ ³:DQQ GDUI LFK PLU HLJHQWOLFK HLQPDO GLH %HLQH YHUWUHWHQ .HQQRQ"´ IUDJWH %LJ %HQ6SHFLDOEHUGLH,QWHUNRPDQODJHPHLQHU9ROOSURWKHVH ,FK KDWWH GHQ 6LJDQHVHQ Y|OOLJ YHUJHVVHQ ZDKUVFKHLQOLFK ZHLO HU VLFK VR UXKLJ YHUKDOWHQKDWWH'DVZDULFKYRQLKPQLFKWJHZ|KQW ³6RIRUW´DQWZRUWHWHLFK 'XUFK $NWLYLHUXQJ HLQHV ,QQHQVFKDOWNUHLVHV |IIQHWH VLFK HLQ /RFK LQ GHU NQVWOLFKHQ %DXFKPXVNXODWXU ,FK VWUHLIWH PHLQ 3DQ]HUKHPG KRFK XQG IXKU PLW GHP 'DXPHQ EHU GHQ 6HQVRU GHU GLH gIIQXQJVDXWRPDWLN YRQ %HQV 9HUVWHFN EHWlWLJWH

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

(LQH .ODSSH VFKZDQJ YRU XQG GHU 6LJDQHVH DWPHWH LQ WLHIHQ =JHQ GLH UHLQH *HELUJVOXIWHLQ 'DQQVDKHUVLFKXPXQGVHLQ*HVLFKWYHUULHW(QWUVWXQJ ³:DVLVWGDVIUHLQ9HUKDOWHQ6SH]LDOLVW.HQQRQ"´IUDJWHHUJLIWLJ´6LHVLW]HQLQ HLQHUPHQVFKHQOHHUHQ*HJHQGKDOWHQ0DXODIIHQIHLOXQGODVVHQPLFKLQ,KUHPVWLFNLJHQ %DXFKYHUVWHFNOLHJHQµ ³7XW PLU OHLG %LJ %HQ´ JDE LFK ]XUFN ³,FK ZDU LQ *HGDQNHQ YHUVXQNHQ KDWWH JHUDGH EHUOHJW ZDUXP GLH 1LJKPDQHQ XQG =DNRWHU LKU WHFKQLVFKHV :LVVHQ JU|WHQWHLOVYHUORUHQKDEHQ´ ³'DUEHUKDEHLFKDXFKVFKRQJHJUEHOW´PHLQWH%LJ%HQ´0HLQHU$QVLFKWQDFK PVVHQGLH(LQJHERUHQHQHLQHSV\FKLVFKH6SHUUHEHVLW]HQGLHVLHGDUDQKLQGHUWVLFK HLQJHKHQG PLW HLQHU :HLWHUHQWZLFNOXQJ LKUHU SULPLWLYHQ 7HFKQLN ]X EHIDVVHQ $OV VLH QRFK PLW GHQ 6SULQJHUQ +DQGHO WULHEHQ KDWWHQ VLH GRFK HLQH JQVWLJH *HOHJHQKHLW IUHPGHVWHFKQLVFKHV:LVVHQ]XHUZHUEHQ´ ³0RPHQW´ VDJWH LFK ³'LH 6SULQJHU YHUNDXIWHQ GHQ 1LJKPDQHQ XQG =DNRWHUQ LQ HUVWHU/LQLH5RKVWDKOXQG(GHOPHWDOOH6SlWHUDEHUHQWZLFNHOWHQGLH(LQJHERUHQHQLKUH PHWDOOXUJLVFKH 7HFKQRORJLH VR ZHLW GD VLH DXI GLHVH ,PSRUWH YHU]LFKWHQ NRQQWHQ $XHUGHP EDXWHQ VLH ZHQQ DXFK LQ JHULQJHP 8PIDQJ HLQH HLJHQH PHWDOOYHUDUEHLWHQGH ,QGXVWULH DXI 6LH HQWZLFNHOQ LKUH 7HFKQLN DOVR ZRKO ZHLWHU²DEHU QXUDXIGHQ*HELHWHQDXIGHQHQVLHGDVZROOHQ´ ³*HVWHXHUWH(QWZLFNOXQJPHLQHQ6LH"´IUDJWH%LJ%HQ ,FKQLFNWH ³'LHXQEHNDQQWHU)UHPGHQN|QQWHQHWZDVGDPLW]XWXQKDEHQ9LHOOHLFKWIKOWHQ VLH VLFK GXUFK GLH *DODNWLVFKHQ +lQGOHU JHVW|UW XQG IUFKWHWHQ HQWGHFNW ]X ZHUGHQ $OVR EHHLQIOXWHQ VLH GLH (LQJHERUHQHQ PLW GHP =LHO GHQ +DQGHO PLW GHQ 6SULQJHUQ HLQVFKODIHQ]XODVVHQ´ ³:HQQGDVLKUH$EVLFKWZDULVWHVLKQHQKXQGHUWSUR]HQWLJJHOXQJHQ´HUZLGHUWH GHU6LJDQHVH³:DVLFKQLFKWYHUVWHKHLVWGDGLH6SULQJHUHLQIDFKZHJEOLHEHQDQVWDWW ]XYHUVXFKHQDQGHUH$UWLNHODXI.KD]DDE]XVHW]HQ´ ³-DGDVVLHKWGHQ6SULQJHUQJDUQLFKWlKQOLFK´PXUPHOWHLFK³6LHVLQGDXFKQLFKW GXUFK LUJHQGZHOFKHQ +RNXVSRNXV GHV 6FKHLQJRWWHV .5$7$ ]X EHHLQIOXHQ ZLH YLHOOHLFKW GLH (LQJHERUHQHQ 0DQ PX VLH HQWZHGHU SDUDPHFKDQLVFK EHHLQIOXW RGHU EHVWRFKHQKDEHQ´ ³6ROOWH LFK QLFKW ]XP .UDWHU GHV GXQNOHQ 0RQGHV IOLHJHQ XQG PLFK GRUW XPVHKHQ"´IUDJWHGHU6LJDQHVHXQGUHFNWHVLFK ,FKVDJWH ³9LHOOHLFKW ZlUH HV EHVVHU 6LH VDPPHOWHQ HUVW ,QIRUPDWLRQHQ EHU GLH %HHLQIOXVVXQJVPHWKRGHQ YRQ .5$7$ XQG VHLQHQ 'LHQHUQ .RPPHQ 6LH GDUEHU PVVHQZLUXQVPLW5RQDOGXQWHUKDOWHQ´ ,FK KRE GHQ .OHLQHQ DXI PHLQH OLQNH 6FKXOWHU XQG VWLHJ GHQ +DQJ KLQDE 0HLQ 3DUWQHU KDWWH VRHEHQ VHLQH 0DKO]HLW EHHQGHW (U WUDQN HLQ SDDU 6FKOXFNH YRQ GHP NODUHQ *HELUJVEDFK VFKWWHOWH GLH :DVVHUWURSIHQ YRQ GHQ +lQGHQ XQG EOLFNWH PLFK IUDJHQGDQ ,FKHUNOlUWHLKPZRUEHU%LJ%HQ6SHFLDOXQGLFKJHVSURFKHQKDWWHQXQGVDJWH ³,FK GHQNH HV ZlUH JXW ZHQQ XQVHU .ROOHJH VLFK LQ GLH 1lKH YRQ 5HJLHUXQJVPLWJOLHGHUQ 1LJKPDQV EHJHEHQ N|QQWH XP GLH %HHLQIOXVVXQJVPHWKRGHQ

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

GHV.5$7$]XHUIRUVFKHQ´ ³+P´PDFKWH5RQDOG³1LJKPDQZLUGYRQKXQGHUWHOI$GOLJHQUHJLHUW0DQQHQQW VLH GLH :HLVHQ +WHU¶ 6LH EHVWLPPHQ GLH 3ROLWLN IROJOLFK PX .5$7$ VLFK DQ VLH KDOWHQZHQQHUGLH0DFKWLP+LQWHUJUXQGVHLQZLOO´ (UUXQ]HOWHGLH6WLUQ ³:REHL LFK DEHU QLFKW YHUVWHKH ZDUXP GLHVHU .5$7$ 0DFKW EHU GLH (LQJHERUHQHQKDEHQP|FKWH:DVJHZLQQWHUGDEHL"´ ³0DQFKHPJHQJWGLH0DFKWDQVLFK´ZDUI%LJ%HQHLQ ³'DV VWLPPW ]ZDU´ VDJWH LFK ³DEHU LQ GLHVHP )DOO EHIULHGLJW PLFK HLQH VROFKH $QWZRUWQLFKW'XUFK5DWHQILQGHQZLUMHGRFKGLH/|VXQJQLFKWDOVRPVVHQZLUVFKRQ HWZDV WXQ ,FK VFKODJH YRU ZLU PDQ|YULHUHQ XQV LQ GLH 1lKH GHV QLJKPDQLVFKHQ +DXSWTXDUWLHUV XQG VFKLNNHQ %LJ %HQ YRU :lKUHQG GHV .ULHJHV KDOWHQ VLFK EHVWLPPW YLHOH5HJLHUXQJVPLWJOLHGHULP+DXSWTXDUWLHUDXI´ ³(LQYHUVWDQGHQ´ PHLQWH 5RQDOG ³(V LVW QXU VFKDGH GD ZLU HUVW ]XU %RPEHUVFKXOH ]XUFNIOLHJHQ PVVHQ XP ]X HUIDKUHQ ZR VLFK GDV QLJKPDQVFKH +DXSWTXDUWLHUEHILQGHW´ ³8QV EOHLEW ZHLWHU QLFKWV EULJ´ HUZLGHUWH LFK ³$EHU GLHVPDO IOLHJHQ ZLU QLFKW ZLHGHU GLH JDQ]H 6WUHFNH EHU ]DNRWLVFKHV *HELHW VRQGHUQ VWRHQ GLUHNW EHU GDV *UWHOPHHU]XP.RQWLQHQW1LJKPDQYRU´ 5RQDOGQLFNWH 1DFKGHP LFK GHQ 6LJDQHVHQ ZLHGHU LQ VHLQHP 9HUVWHFN XQWHUJHEUDFKW KDWWH ULHIHQZLUXQVHUH=RRQ'LH7LHUHNDPHQVRIRUWKHUEHL:LUVFKZDQJHQXQVLQGLH6lWWHO UXFNWHQDQGHQ+|KHQ]JHOQ²XQGEHIDQGHQXQVNXU]GDUDXIZLHGHULQGHU/XIW

8QJHKLQGHUW IORJHQ ZLU LQ JURHU +|KH ELV ]XU .VWH hEHU GHP *UWHOPHHU OLHHQZLUXQVHUH%RPEHQODVWLQV:DVVHUIDOOHQGRUWZXUGHZHQLJVWHQVNHLQ6FKDGHQ DQJHULFKWHW 8QGDOVZLUXQVGDQQEHUHLWVLQ6LFKHUKHLWZLHJWHQNDPXQVHLQ3XON]DNRWLVFKHU -DJG=RRQHQWJHJHQ :DKUVFKHLQOLFK KDWWHQ GLH -DJG=RRQ QLJKPDQVFKH =RRQ%RPEHU ELV GLFKW DQ GLH.VWH1LJKPDQVYHUIROJWXQGNHKUWHQQXQ]XLKUHQ%DVHQ]XUFN 5RQDOG XQG LFK YHUVWlQGLJWHQ XQV GXUFK +DQG]HLFKHQ 'D ZLU DXV GHP ]DNRWLVFKHQ+LQWHUODQGNDPHQKLHOWHQGLH]DNRWLVFKHQ3LORWHQXQVYLHOOHLFKWIUHLJHQH /HXWH :LU PXWHQ DOOHUGLQJV YHUKLQGHUQ GD VLH GLH (UNHQQXQJVV\PEROH VDKHQ GLH DXI GLH JURHQ 6DWWHOWDVFKHQ JHPDOW ZDUHQ XQG GXUFK GLH VLFK )UHXQG XQG )HLQG XQWHUVFKLHGHQ :LU EHKLHOWHQ XQVHUHQ .XUV EHL XQG GUHKWHQ GLH YRU GHQ )OJHOZXU]HOQ KlQJHQGHQ 6DWWHOWDVFKHQ XP :HQQ GLH -DJG=RRQ LKUHQ .XUV HEHQIDOOV EHLEHKLHOWHQ ZUGHGHU3XONLQJHULQJHU(QWIHUQXQJDQ%DFNERUGYRUEHUIOLHJHQ 'RFKNXU]YRUKHUVFKZHQNWHQYLHUGHUVFKQHOOHQ9|JHODEXQGKLHOWHQDXIXQV]X (LQHU GHU 3LORWHQ JHVWLNXOLHUWH PLW GHQ $UPHQ ZREHL HU LPPHU ZLHGHU DXI VHLQH 6DWWHOWDVFKHQ]HLJWH :LU ZLQNWHQ IUHXQGOLFK XQG VWHOOWHQ XQV GXPP 6FKOLHOLFK NRQQWHQ ZLU VR QDKH EHL HLQHP ]DNRWLVFKHQ -DJGYHUEDQG QLFKW XQVHUH QLJKPDQVFKHQ (UNHQQXQJVV\PEROH

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

YRU]HLJHQ *DQ] GDYRQ DEJHVHKHQ GD GLH -DJG=RRQ HUKHEOLFK VFKQHOOHU XQG ZHQGLJHU DOV GLH VFKZHUHQ %RPEHU=RRQ ZDUHQ IORJHQ LQ GHP 3XON PLQGHVWHQV KXQGHUW]ZDQ]LJ7LHUHPLWLKUHQ3LORWHQ $EHU GLH =DNRWHU JDEHQ VLFK QLFKW ]XIULHGHQ 9LHU ZHLWHUH =RRQ YHUOLHHQ GHQ 9HUEDQG XQG KLHOWHQ DXI XQV ]X GLH EULJHQ 7LHUH XPNUHLVWHQ XQV PLW VSDUVDPHQ )OJHOVFKOlJHQ 'DZDUJXWHU5DWWHXHU ,FKKlWWHDXIMHGHQ)DOOHQWNRPPHQN|QQHQDXFKZHQQ+XQGHUWHYRQYHUJLIWHWHQ .OHWWHQJHVFKRVVHQ PLFK WUDIHQ 'DV *LIW NRQQWH ]ZDU GLH NQVWOLFKH %LRKDXW XQG GDV 5HWRUWHQIOHLVFK PHLQHU 9ROOSURWKHVH ]HUVW|UHQ DEHU QLFKW PLFK VHOEHU GDV *HKLUQ ZHQQLFKGDV1RWYHUVRUJXQJVV\VWHPEHQXW]WH 5RQDOGDEHUZlUHEHLHLQHP.DPSIXPJHNRPPHQ $OV HLQLJH GHU -DJGSLORWHQ LKUH .OHWWHQVFKOHXGHUQ VSDQQWHQ ZDUI LFK PHLQH 6FKOHXGHU VRZLH GHQ .UXPPGROFK XQG GDV 6FKZHUW LQV 0HHU 5RQDOG ]|JHUWH NXU] GDQQWDWHUHVPLUJOHLFK (LQHUGHU=DNRWHUVHW]WHVLFKPLWVHLQHP7LHUYRUXQVXQGEHGHXWHWHXQVGXUFK +DQG]HLFKHQ LKP ]X IROJHQ (U VFKZHQNWH LQ 5LFKWXQJ =DNRW DE XQG ZLU IORJHQ JHKRUVDPKLQWHUKHU 0HLQ3DUWQHUVDKPLFKIUDJHQGDQ ,FKEOLQ]HOWHLKP]X +DXSWVDFKH ZLU OHEWHQ QRFK 'LH =DNRWHU KlWWHQ MD XQVHUH .DSLWXODWLRQ DXFK QLFKW DQQHKPHQ N|QQHQ GD ZLU XQVHUH (UNHQQXQJVV\PEROH QLFKW JH]HLJW KDWWHQ ,UJHQGZLH ZUGHQ ZLU XQV VFKRQ ZLHGHU EHIUHLHQ²XQG QRWIDOOV PXWH LFK HEHQ HLQH 2UWXQJULVNLHUHQXQGGLH)OXJDJJUHJDWHPHLQHU9ROOSURWKHVHHLQVHW]HQ 0DQ ORWVWH XQV ]X HLQHU -lJHUEDVLV QDKH GHU .VWH 'RUW ODQGHWHQ ZLU (LQ URWKlXWLJHU=DNRWHUGUHKWHGLH6DWWHOWDVFKHQXQVHUHU7LHUHXPXQGVFKOXJPLWGHU)DXVW JHJHQGLH6\PEROH1LJKPDQV ³,KUKDEWHXUH=XJHK|ULJNHLWYHUKHLPOLFKW´HUNOlUWHHU5RQDOGXQGPLU³'DVLVWHLQ JUREHU9HUVWRJHJHQGLHJXWHQ6LWWHQ,KUVHLG%DUEDUHQDXVGHP1RUGHQDOVRZLUGHLQ DXV ]DNRWLVFKHQ 1RUGODQGVROGDWHQ EHVWHKHQGHV *HULFKW GDUEHU HQWVFKHLGHQ ZHOFKH 6WUDIHHXFKWUHIIHQVROO´(UVSUDFK1LJKPDQLVFK ³:DV KlWWHQ ZLU WXQ VROOHQ"´ HQWJHJQHWH LFK 8QV NDP HLQH JHZDOWLJH hEHUPDFKWHQWJHJHQ´ 'HU =DNRWHU ZLUNWH HUVWDXQW (U EOLFNWH ]X PLU DXI GHQQ HU ZDU K|FKVWHQ 0HWHUJURDEHUEUHLWHUXQGJUREHUJHEDXWDOVHLQ1LJKPDQH ³6LHKlWWHQNlPSIHQN|QQHQ´HUZLGHUWHHU ³'DQQKlWWHQZLUW|WHQPVVHQ´ (LQULHVLJHU1RUGODQGZLOGHUWUDWDQPLFKKHUDQPXVWHUWHPLFKYRQREHQELVXQWHQ XQGVDJWHYHUlFKWOLFK ³'HU 6LQQ GHV .DPSIHV LVW HV GHQ *HJQHU ]X W|WHQ $EHU PDQ PX DXFK HUKREHQHQ +DXSWHV VWHUEHQ N|QQHQ ZHQQ GDV 6FKLFNVDO HV VR ZLOO :HU VHLQ 6\PERO YHUVWHFNWLVWIHLJH´ ,FK]HLJWHLKPHLQNDOWHV/lFKHOQ ³'XKlOWVWGLFKZRKOIUHLQHQJURHQ+HOGHQZHLOGXEHUHLWELVWIUGLH=DNRWHU ]XVWHUEHQGLHZHJHQHLQHU%DGH(VVHQ]HLQHQ.ULHJDQJHIDQJHQKDEHQ´ 'HU1RUGOlQGHUUHFNWHVLFK

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

³(V LVW GRFK Y|OOLJ HJDO DXV ZHOFKHP *UXQG GHU .ULHJ JHIKUW ZLUG :LFKWLJ LVW QXUGDHUXQV1RUGOlQGHUQHUP|JOLFKWIUHLH.ULHJHU]XVHLQ´ 5RQDOGVHXI]WH ³:DV LVW GDV IU HLQH )UHLKHLW GLH MHPDQGHP HUODXEW GLH HLJHQHQ %UGHU ]X W|WHQZHQQVLH]XIlOOLJDXIGHUDQGHUHQ6HLWHNlPSIHQ"´ (V ZDU VLQQORV :HGHU GHU =DNRWHU QRFK GLH 1RUGOlQGHU XQG 0XVNHO]ZHUJH EHJULIIHQ ZDV ZLU LKQHQ NODU]XPDFKHQ YHUVXFKWHQ 6LH ZDUHQ LQ HLQHU XQKHLOYROOHQ 7UDGLWLRQYHUIDQJHQGLHLKQHQHLQUHGHWHHVVHLHKUHQKDIWLQGHQ.ULHJ]X]LHKHQ $OVPDQXQVLQHLQH=HOOHJHVSHUUWKDWWHVDJWH5RQDOG ³,FK ZHWWH GD PDQ XQV ]XP 7RGH YHUXUWHLOW 3DUWQHU 'X NDQQVW MHGHU]HLW IOLHKHQ DEHU ZLH LVW GDV PLW PLU" ,FK ELQ QLFKW EHJLHULJ GDUDXI YRU HLQ ([HNXWLRQVNRPPDQGR]XWUHWHQ´ ³,Q=DNRWZLUGGLH7RGHVVWUDIHPLWWHOV*LIWYROOVWUHFNW+DVWGXGDVYHUJHVVHQ"´ ³+PDEHUGDVPDFKWPLFKDXFKQLFKWJOFNOLFKHU,FKKDEHVFKRQEHUOHJWZLH ZLU PLW +LOIH GHLQHU 3URWKHVHQDJJUHJDWH IOLHKHQ N|QQWHQ RKQH .5$7$ DXI XQV DXIPHUNVDP]XPDFKHQDEHUPLUZLOOQLFKWV%UDXFKEDUHVHLQIDOOHQ´ ³'LH )OXJDJJUHJDWH P|FKWH LFK YRUOlXILJ DXFK QLFKW EHQXW]HQ´ HUZLGHUWH LFK ³)ROJOLFK PVVHQ ZLU ]ZHL VFKQHOOH -DJG=RRQ UHTXLULHUHQ XQG GDIU VRUJHQ GD PDQ XQVHUH)OXFKWQLFKW]XIUKHQWGHFNW´µ ,FKNQLHWHQLHGHUXQGOHJWHHLQ2KUDXIGHQVWHLQHUQHQ=HOOHQERGHQ ³'DFKWH LFK HV PLU GRFK´ PXUPHOWH LFK ³8QWHU XQVHUHU =HOOH IOLHW :DVVHU ZDKUVFKHLQOLFK HLQ .DQDO ]XU 9HUVRUJXQJ GHU :DVVHUVFKOHXVHQ GLHVHU %DVLV ,FK EUDXFKWH QXU HLQ /RFK LQ GHQ %RGHQ ]X VFKODJHQ GDQQ N|QQWHQ ZLU XQV YRQ GHP :DVVHUIRUWWUDJHQODVVHQ´ ³,FKZHLGDGXGDVN|QQWHVW´JDEPHLQ3DUWQHU]XUFN³$EHUNDQQVWGXGDV /RFKODXWORVLQGHQ%RGHQVFKODJHQ"´ ,FK ZROOWH YHUQHLQHQ GD EOLW]WH HV *UHOOHV EODXZHLHV /LFKW ZDEHUWH EHU GHP NOHLQHQ2EHUOLFKWIHQVWHUGHU=HOOH'DQQNUDFKWHGHU'RQQHU $OVHVZLHGHUVWLOOZXUGHVDJWHLFK ³-HW]WEUDXFKHLFKQLFKWPHKUODXWORV]XDUEHLWHQ,FKPXQXUGLH'RQQHUVFKOlJH DXVQXW]HQ 'X VWHOOVW GLFK YRU GDV *XFNORFK GHU =HOOHQWU XQG OlW GLFK QLFKW EHLUUHQ ZHQQGHU:lFKWHUGLFKVLHKWXQG]XU6HLWHZLQNW:HQQHU¶ ³ VRODQJH UHGHW ZLH GX´XQWHUEUDFK 5RQDOG PLFK ³NDQQVW GX GLU YLHO =HLW ODVVHQ´ ,FK ZROOWH HWZDV GDUDXI HUZLGHUQ DEHU GD NUDFKWH GHU QlFKVWH 'RQQHUVFKODJ² XQG LP QlFKVWHQ 0RPHQW VWLH LFK GHQ UHFKWHQ )X PLW DOOHU .UDIW JHJHQ GHQ %RGHQ (LQNRSIJURHV/RFK]HLJWHVLFK,QQHUKDOEGHUQlFKVWHQ]HKQ0LQXWHQYHUVWlUNWHVLFK GDV*HZLWWHUVRGDLFKVFKQHOOIHUWLJZXUGH,FKVSUDQJLQGDVGLFKWXQWHUGHUgIIQXQJ IOLHHQGH:DVVHUXQGKLHOWPLFKDQGHQ5lQGHUQIHVW ³8QJHIlKU IQI]HKQ =HQWLPHWHU $EVWDQG ]ZLVFKHQ :DVVHUREHUIOlFKH XQG .DQDOGHFNH´HUNOlUWHLFK³3ODW]JHQXJ]XP/XIWKROHQIUGLFK´ 5RQDOG UKUWH VLFK QLFKW YRQ GHU =HOOHQWU ZHJ $QVFKHLQHQG ZDU GHU :lFKWHU JHNRPPHQXPVLFKGXUFKHLQHQ%OLFN]XEHU]HXJHQGDEHLXQVDOOHVLQ2UGQXQJVHL ,PQlFKVWHQ$XJHQEOLFNK|UWHLFKVHLQH6WLPPH ³'UHL6FKULWWH]XUFNWUHWHQ´KHUUVFKWHHU5RQDOGDQ ³:DVKDVWGXJHVDJW"´VFKULHPHLQ)UHXQG]XUFN

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

³%LVWGXWDXE"´EUOOWHGHU:lFKWHU ³-D´DQWZRUWHWH5RQDOG 'DPLW HUUHLFKWH HU JHQDX GDV ZDV HU EHDEVLFKWLJW KDWWH (U YHUVHW]WH GHQ :lFKWHU LQ EOLQGH :XW 'LH =HOOHQWU IORJ DXIXQG HLQ EDXPODQJHU 1RUGOlQGHU VWUPWH PLWJHIlOOWHU/DQ]HKHUHLQ 5RQDOG VSUDQJ ]XUFN XQG GUHKWH VLFK GLFKW YRU GHU VWlKOHUQHQ /DQ]HQVSLW]H ZHJ6HLQH+lQGHHUJULIIHQGHQ6FKDIWGHU:DIIHXQG]RJHQUXFNDUWLJGDUDQ 8QVHU:lFKWHUIORJKHUHLQXQGSUDOOWHPLWPHLQHU)DXVW]XVDPPHQ,FKILQJLKQ DXIXQGIOVWHUWH ³6FKOLHHGLH7U5RQDOGXQGGDQQNRPPQDFK´ ,FK VSUDQJ PLWVDPW GHP 1RUGOlQGHU LQ GHQ .DQDO XQG KLHOW GHQ .RSI GHV %HZXWORVHQEHU:DVVHU.XU]GDUDXINDPPHLQ3DUWQHUQDFK ³$PEHVWHQOHJVWGXGLFKDXIGHQ5FNHQXQGQLPPVWGLHVHQ%XUVFKHQEHUGLH 6FKXOWHU´ULHWLFKLKP³'DQQYHUOLHUHQZLUGHQ.RQWDNWQLFKW´ ³,Q2UGQXQJ´HUZLGHUWH5RQDOG ,FK JULII GHP %HZXWORVHQ XQWHU GLH 6FKXOWHUQ OHJWH PLFK DXI GHQ 5FNHQ XQG OLH PLFK WUHLEHQ 1DFK HLQLJHU =HLW VWLH LFK PLW GHP .RSI JHJHQ HLQ +LQGHUQLV (V NUDFKWHJHK|ULJGDQQSUDOOWHQGHU:lFKWHUXQGVFKOLHOLFK5RQDOGDXIPLFK ³:DKUVFKHLQOLFK GDV YHUVWHOOEDUH *LWWHU HLQHU :DVVHUVFKOHXVH´ HUNOlUWH LFK GUHKWHPLFKXQGULGLH(LVHQVWlEHQDFKHLQDQGHUKHUDXV :LU PXWHQ WDXFKHQ XP LQ GDV %DGHEHFNHQ ]X JHODQJHQ 'RUW VDKHQ ZLU XQV XP 'XUFK GDV 2EHUOLFKW HUNDQQWHQ ZLU GD HV LQ]ZLVFKHQ 1DFKW JHZRUGHQ ZDU XQG GDV *HZLWWHU QRFK DQKLHOW ,FK KRE GHQ %HZXWORVHQ KLQDXV XQG NOHWWHUWH KLQWHUKHU 5RQDOG IROJWH PLU XQG |IIQHWH YRUVLFKWLJ GLH $XHQWU ZlKUHQG LFK GHQ :lFKWHU DXI PHLQH$UPHOHJWH :LU VDKHQ YRU XQV HLQHQ PLW JURHQ 6WHLQSODWWHQ EHIHVWLJWHQ +RI GHU LPPHU ZLHGHUYRQ%OLW]HQHUKHOOWZXUGH3O|W]OLFKILQJHVDQ]XWU|SIHOQXQGGDQQEUDFKHLQH ZDKUH6LQWIOXWORV ³'DVLVWQLFKWJHUDGHLGHDOHV)OXJZHWWHU6LQFODLU´VWHOOWHPHLQ3DUWQHUIHVW ³=XPLQGHVW QLFKW IU 9|JHO´ JDE LFK ]XUFN ³$EHU KLHU GUIHQ ZLU QLFKW EOHLEHQ ,FK ULVNLHUH HV :LU IOLHJHQ YRQ KLHU ELV ]X GHQ =RRQ+HUGHQ XQG ZDUWHQ GRUW ELV GHU 5HJHQQDFKOlWµ 6FKZHLJHQGWUDW5RQDOGKLQWHUPLFKXQGOHJWHGLH$UPHXPPHLQH6FKXOWHUQ,FK VFKLFNWH HLQHQ LQWHUQHQ $NWLYLHUXQJVLPSXOV ]X PHLQHP )OXJDJJUHJDW XQG VWDUWHWH :HQLJH 0HWHU EHU GHP %RGHQ IORJHQ ZLU GXUFK KHUDEVWU]HQGH :DVVHUPDVVHQ 'HU +RIYHUZDQGHOWHVLFKLQHLQHQ6HH 8QWHUZHJV NDP GHU :lFKWHU ]X VLFK (U VDK PLFK DQ XQG LFK VSUWH ZLH VHLQ .|USHU VLFK DQVSDQQWH 'DQQ OHJWH HU VHLQH NUlIWLJHQ +lQGH XP PHLQHQ +DOV XQG GUFNWH]X,FKPXWHLKQPLWHLQHP.RSIVWRLQV7UDXPUHLFK]XUFNVFKLFNHQ (QGOLFK HUUHLFKWHQ ZLU HLQH .RSSHO DXI GHU VLFK HLQLJH KXQGHUW VFKODQNH -DJG =RRQGUlQJWHQ2KQHPHLQH,QIUDURW2SWLNKlWWHLFKVLHDOOHUGLQJVNDXPJHIXQGHQ ,FKOHJWHGHQ:lFKWHUDXHUKDOEGHV=DXQHVQLHGHUXQGGUHKWHLKQDXIGLH6HLWH GDPLW HU EHL GHP :RONHQEUXFK QLFKW HUWUDQN $OV HU QDFK HLQLJHU =HLW ZLHGHU ]X VLFK NDPVDJWHLFK ³6HL IULHGOLFK VRQVW PX LFK GLFK ZLHGHU EHZXWORV VFKODJHQ XQG GDV ZUGH GHP*HKLUQDXIGLH'DXHUQLFKWEHNRPPHQ´

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

(UGUHKWHVLFKXPXQGVFKQDXIWHZHLOLKPGDV5HJHQZDVVHULQ0XQGXQG1DVH VWU]WH0LWJHQHLJWHP.RSIVWDQGHUDXI(UVWUHFNWHGLH+lQGHDXVXQGWDVWHWHXPKHU ³/D GDV VHLQ´ HUPDKQWH 5RQDOG LKQ ³*HJHQ ]ZHL 0lQQHU KDVW GX NHLQH &KDQFH´ ³,FKPXHXFK]XUFNEULQJHQRGHUPLFKW|WHQ´VDJWHGHU0DQQGXPSI 6R SO|W]OLFK ZLH HU DQJHIDQJHQ KDWWHK|UWH GHU 5HJHQ ZLHGHU DXI ,FK VSDQQWH GLH +DQGJHOHQNH GHV :lFKWHUV XQG YHUHLWHOWH PKHORV VHLQH 9HUVXFKH VLFK ORV]XUHLHQXQGDEHUPDOVDQ]XJUHLIHQ ³+|U ]X´ VDJWH LFK HLQGULQJOLFK ³:LU KDEHQ QLFKW PHKU YLHO =HLW (QWZHGHU NRPPVWGXIUHLZLOOLJPLWRGHULFKPXGLFKQRFKHLQPDOEHZXWORVVFKODJHQ$OVR"´ ,Q GLHVHP 0RPHQW HUVFKROOHQ YRQ GHP *HElXGHNRPSOH[ DXV GHP ZLU JHNRPPHQ ZDUHQ VFKULOOH 7URPSHWHQVW|H 2IIHQEDU KDWWH PDQ XQVHUH )OXFKW HQWGHFNW 'HU1RUGOlQGHUVFKLHQGDVHEHQIDOOV]XEHJUHLIHQGHQQHUVDJWHKDVWLJ ³,FKNRPPHPLWHXFK'RUWLQGHU+WWHOLHJHQ.OHWWHQVFKOHXGHUQ´ ³'DUDXIYHU]LFKWHQZLU´HQWJHJQHWHLFK :LU VXFKWHQ XQV VR VFKQHOO ZLH P|JOLFK GUHL =RRQ DXV GLH GLH EHVWHQ )OXJOHLVWXQJHQYHUVSUDFKHQ'LH7LHUHZDUHQJHVDWWHOWWUXJHQDEHUNHLQH6DWWHOWDVFKHQ 'DVNPPHUWHXQVQLFKW9RQGHQ*HElXGHQKHUHUW|QWHQODXWH5XIH ³/RV´ULHI5RQDOG³(LQSDDU0LQXWHQ9RUVSUXQJKDEHQZLU'DVPWHJHQJHQ´ :LU ]RJHQ DQ GHQ +|KHQ]JHOQ 8QVHUH 7LHUH UDQQWHQ ORV VFKZDQJHQ VLFK HPSRU XQG VWLHJHQ K|KHU XQG K|KHU hEHU XQV ULVVHQ GLH :RONHQ DXVHLQDQGHU XQG JDEHQGHQ%OLFNDXIGLH6WHUQHIUHL ,PLUDOIOOWHGLH%HFKHUPLWKHLHP:U]ZHLQXQGVFKREXQVMHHLQHQ]X ³7ULQNHQ6LH´IRUGHUWHHUXQVDXI³6LHPVVHQMDYROONRPPHQGXUFKJHIURUHQVHLQ QDFKGLHVHP1DFKWIOXJ´ :LU KREHQ GLH %HFKHU ,FK WUDQN HEHQIDOOV REZRKO LFK ZHGHU HLQH $XIZlUPXQJ EUDXFKWHQRFKHWZDVPLWGHP:HLQDQIDQJHQNRQQWH ³:DVZLUGDXVXQVHUHP*HIDQJHQHQ"´IUDJWH5RQDOG ³,FK ZHUGH LKQ DQ HLQHQ (GOHQ YHUNDXIHQ GHQ LFK NHQQH´ DQWZRUWHWH GHU HLQJHERUHQH ³,QGLH6NODYHUHL"´IUDJWHPHLQ3DUWQHU ,PLUODOlFKHOWH ³,FKZHLZDUXP6LHGLH6NODYHUHLYHUDEVFKHXHQ
hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

6NODYH]XGLHQHQZLHN|QQHQ6LHGDQQXQVHUHQ*HIDQJHQHQHLQIDFKYHUNDXIHQ"´ ³(U LVW HLQYHUVWDQGHQ 6HLQ QHXHU +HUU VFKUHLEW LKP GLH +lOIWH GHV 3UHLVHV JXW GHQLFKIULKQHU]LHOHXQGHUZLUGHVLKPPLW=LQVHQ]XUFN]DKOHQZHQQHUQDFKGHU 0LQGHVW'LHQVW]HLWYRQIQI-DKUHQGLH)UHLODVVXQJEHDQWUDJW´ ³*XW´ VDJWH 5RQDOG ³:LU ZROOWHQ QXU VLFKHUJHKHQ GD ZLU GHQ 0DQQ QLFKW LQV 8QJOFNJHVWU]WKDEHQDOVZLULKQPLWEUDFKWHQ´ ³,Q=DNRWKlWWHQVHLQH.DPHUDGHQLKQJHW|WHWRGHU]XP6HOEVWPRUGJH]ZXQJHQ´ HUZLGHUWH,PLUDO(UOHHUWHVHLQHQ%HFKHU³:DVKDEHQ6LHQXQYRU"´ ³$XI NHLQHQ )DOO ODVVHQ ZLU XQV QRFK HLQPDO DOV %RPEHUSLORWHQ QDFK =DNRW VFKLFNHQ´HUNOlUWHPHLQ)UHXQGNDWHJRULVFK 'HU1RUGOlQGHUJULQVWH ³-DHLQ6SD]LHUJDQJLVWVRHLQ(LQVDW]QLFKW´ ³5HGHQ 6LH NHLQHQ 8QVLQQ´ VDJWH LFK ³:LU IUFKWHQ GHQ .DPSI QLFKW $EHU GHU .ULHJ]ZLVFKHQ1LJKPDQXQG=DNRWJHKWXQVQLFKWVDQXQGHVYHUVW|WJHJHQXQVHUH (WKLN XQV PXWYYLOOLJ LQ 6LWXDWLRQHQ ]X EULQJHQ LQ GHQHQ ZLU JH]ZXQJHQ ZHUGHQ N|QQWHQDQGHUH0HQVFKHQ]XW|WHQ'HVKDOEKDEHQZLUXQVHUH%RPEHQDXFKLQV0HHU JHZRUIHQ´ ,PLUDOZXUGHHUQVW ³,FK YHUVWHKH´ VDJWH HU OHLVH ³(QWVFKXOGLJHQ 6LH ELWWH .HQQRQ´ (U IOOWH GLH %HFKHUQHX³:DVZROOHQ6LHXQWHUQHKPHQ"´ ³:LU KDEHQ GDUDQ JHGDFKW HLQH %HUDWXQJ GHU :HLVHQ +WHU ]X EHODXVFKHQ´ HUNOlUWHLFK ,PLUDOUXQ]HOWHGLH6WLUQ ³'LH ZHLVHQ +WHU +P $EHU 6LH PVVHQ VLFK PLWWHOV 'HIOHNWRUHQ XQVLFKWEDU PDFKHQZHQQ6LHGDVZROOHQ,QGHP)DOOHDEHUZUGHQ6LHK|FKVWZDKUVFKHLQOLFKYRQ GHQ)UHPGHQJHRUWHW´ 5RQDOGQLFNWH ³:HQQ QXQ MHPDQG VR NOHLQ LVW GD VHLQ 'HIOHNWRU QXU PLW K|FKVWHQV HLQHP =HKQWHO1RUPDOOHLVWXQJ]XDUEHLWHQEUDXFKW"´ ³'DQQ N|QQWH HU GHU JHJQHULVFKHQ (QHUJLHRUWXQJ HQWJHKHQ´ PHLQWH ,PLUDO QDFKGHQNOLFK³%HVLW]HQ6LHGHQQGLH0|JOLFKNHLWVLFK]XYHUNOHLQHUQ"´ ,FKODFKWH ³1HLQDOOHVN|QQHQZLUGHQQQXQGRFKQLFKWPHLQ)UHXQG:LUKDEHQQRFKHLQHQ 3DUWQHUGHUGLHJHQDQQWHQ%HGLQJXQJHQHUIOOW´ 'HU6LJDQHVHKDWWHVHLQ9HUVWHFNLQPHLQHU9ROOSURWKHVHYRUGHU=XVDPPHQNXQIW PLW ,PLUDO YHUODVVHQ XQG ZDUWHWH LP )OXU GHV NOHLQHQ +DXVHV GDV GHU 1RUGOlQGHU EHZRKQWH,FK|IIQHWHGLH7U 8QVHU.ROOHJHVFKZHEWHPLW+LOIHVHLQHV)OXJDJJUHJDWVKHUHLQODQGHWHDXIGHP +RO]WLVFKXQGNODSSWHGHQ'UXFNKHOPVHLQHV.DPSIDQ]XJHV]XUFN ³*HVWDWWHQPHLQ1DPHLVW%LJ%HQ6SHFLDO´GU|KQWHHVDXVGHPEHUVWHXHUWHQ 6WLPPYHUVWlUNHU(UVWHPPWHGLH)lXVWHLQGLH6HLWHQXQGPXVWHUWHGHQ(LQJHERUHQHQ ³6R6LHVLQGDOVRGLHVHU,PLUDOGHU%HREDFKWHU+RIIHQWOLFKODVVHQ6LHVLFKYRQPHLQHU N|USHUOLFKHQ.OHLQKHLWQLFKWWlXVFKHQ,FKWUDJH:DIIHQPLWPLUPLWGHQHQLFKPKHORV )HOVEURFNHQ]HUWUPPHUQNDQQ$XHUGHPELQLFKHLQ*HLVWHVULHVH´ ,PLUDOZLFKHLQHQ6FKULWW]XUFN ³(LQ)ODVFKHQJHLVW´IOVWHUWHHU

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

0LWXQZDKUVFKHLQOLFKHU6FKQHOOLJNHLWULHUVHLQ6FKZHUWYRQGHU:DQGXQGIKUWH HLQHQIXUFKWEDUHQ+LHEJHJHQ%LJ%HQ'LH.OLQJHVFKOXJGHQ7LVFKLQ]ZHL7HLOH $EHUGHU6LJDQHVHKDWWHQRFKVFKQHOOHUUHDJLHUW(UZDUJHVWDUWHWXQGUDVWHPLW DNWLYLHUWHP(QHUJLHVFKLUPDXI,PLUDOORV,PQlFKVWHQ0RPHQWSUDOOWHHUJHJHQGDV.LQQ GHV(LQJHERUHQHQ ,PLUDOOLHVHLQ6FKZHUWIDOOHQXQGWDXPHOWHEHQRPPHQPLWGHP5FNHQDQGLH :DQG %LJ %HQ VFKDOWHWH VHLQHQ 3UDOOIHOGVFKLUP DXV XQG ODQGHWH XQYHUVHKUW DXI 5RQDOGV6FKXOWHU ³1D´ULHIHUVWUHLWOXVWLJ³ZDUGDVHLQ6FKODJRGHUQLFKW"9HUVXFKHHVQLFKWQRFK HLQPDO´ ,PLUDOVFKWWHOWHGHQ.RSIXQGEHWDVWHWHVHLQ.LQQDQGHPVLFKHLQH6FKZHOOXQJ ELOGHWH ³(V WXW PLU VHKU OHLG´ VDJWH HU UDXK ³DEHU LFK HUOLWW HLQHQ 5FNIDOO LQ PHLQH IUKHUH 9RUVWHOOXQJVZHOW 9RUKLQ JODXEWH LFK WDWVlFKOLFK HV JlEH )ODVFKHQJHLVWHU REZRKOPLU
hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

,FKOHJWHGHPHUUHJWHQ(LQJHERUHQHQGLH +DQGDXIGLH6FKXOWHU'HU0DQQZDU WURW]DOOHU,QWHOOLJHQ]XQG6FKXOXQJXQYHUELOGHWJHEOLHEHQXQGYHUHKUWHRIIHQVLFKWOLFKGLH ZLVVHQVFKDIWOLFKHQ (UNHQQWQLVVH GLH 3DWVHU LKP YHUPLWWHOW KDWWH DOV XQXPVW|OLFKH :HLVKHLWHQ ³/DVVHQ 6LH VLFK YRQ %LJ %HQ QLFKW EHLUUHQ ,PLUDO´ VDJWH LFK ³'HU %XUVFKH LVW QLFKWQXUHLQ*URPDXOVRQGHUQDXFKHLQ/JQHUDEHUWURW]GHPHLQ3UDFKWNHUODXIGHQ PDQ VLFK YHUODVVHQ NDQQ 0DQ GDUI QXU QLFKW DOOHV JODXEHQ ZDV HU VDJW 2E GDV 8QLYHUVXPQXQXQHQGOLFKLVWRGHUQLFKW%LJ%HQN|QQWHHVDXINHLQHQ)DOOPLWVHLQHP )OXJDQ]XJGXUFKTXHUHQ(UVFKDIIWQLFKWHLQPDOHLQ/LFKWMDKU´ ,PLUDOPXVWHUWHXQVQDFKHLQDQGHUGDQQODFKWHHUVFKDOOHQG ³$OVR JXW LFK ZHL MHW]W GD PDQ NOHLQH 8626SH]LDOLVWHQ QLFKW HUQVWQHKPHQ GDUI´ ³'HQQRFKZDU,KU(LQZDQGYRQYRUKLQJXW´HUNOlUWHLFK³(VZLUGEHVVHUVHLQLFK EULQJH %LJ %HQ DXI HLQHP =RRQ LQV +DXSWTXDUWLHU GDPLW LFK HLQJUHLIHQ NDQQ IDOOV HV QRWZHQGLJZHUGHQVROOWH´ ³9LHOOHLFKWVROOWHLFKPLWNRPPHQ´EHUOHJWH,PLUDO ³$OOHLQ NRPPHQ .HQQRQ XQG %LJ %HQ EHVVHU ]XUHFKW¶ ZDUI 5RQDOG HLQ ³0HLQ 3DUWQHU EHVLW]W ]XGHP )lKLJNHLWHQ GLH XQVHUH EHL ZHLWHP EHUVWHLJHQ :HQQ HU DXI WHFKQLVFKKRFKVWHKHQGH/HEHZHVHQVW|WEOHLEWHUEHLHLQHP.DPSIEHVWLPPW6LHJHU´ ,PLUDOVDKPLFKODQJHXQGQDFKGHQNOLFKDQ ³-DGDVJODXEHLFKDXFK´VDJWHHUOHLVH³,FKKDEHJOHLFKHUNDQQWGD.HQQRQ NHLQ JHZ|KQOLFKHU 0HQVFK LVW 6FKRQ DOV 6LH EHLGH LQ GHU %RPEHUVFKXOH HLQWUDIHQ ZXQGHUWHHVPLFKGDPDQ7HNHQHUGLH$QVWUHQJXQJHQGHV0DUVFKHVDQVDK.HQQRQ DEHUVRDXVJHUXKWZLUNWHDOVZlUHHUHEHQQDFKOlQJHUHP6FKODIDXIJHVWDQGHQ ,FKOlFKHOWH ,PLUDOYHUGLHQWHWDWVlFKOLFKGHQ%HLQDPHQGHQ
(V ZDU 0LWWDJ DOV %LJ %HQ XQG LFK GDV +DXSWTXDUWLHU GHU QLJKPDQLVFKHQ 7UXSSHQ HUUHLFKWHQ :LU ZDUHQ DXI HLQHP VFKQHOOHQ .XULHU=RRQ JHIORJHQ XQG IKUWHQ HLQHZLFKWLJH0HOGXQJGHV&KHIVGHU%RPEHUVFKXOHIUGHQ&KHIGHU/DQGWUXSSHQEHL XQV,PLUDOKDWWHXQVHUHQ$XIWUDJJHVFKLFNWLQV]HQLHUW 'DV +DXSWTXDUWLHU ODJ PLWWHQ LQ HLQHP ULHVLJHQ +HHUODJHU LQ GHP HWZD KXQGHUWWDXVHQG 6ROGDWHQ²1RUGOlQGHU 0XVNHO]ZHUJH XQG 1LJKPDQHQ² ]XVDPPHQJH]RJHQZRUGHQZDUHQ 'LH7LHIHEHQHZDUDQGLHVHU6WHOOHDQGHUGHU7KUXJR)OXHLQHQZHLWHQ%RJHQ EHVFKULHE YRQ GHQ EXQWHQ )DUENOHFNVHQ ]DKOORVHU =HOWH EHGHFNW $Q YLHOHQ 6WHOOHQ VWLHJHQGLH5DXFKXQG'DPSIZRONHQYRQ .RFKIHXHUQLQGHQ+LPPHONOHLQH*UXSSHQ *HSDQ]HUWHUSDWURXLOOLHUWHQULQJVXPGDV$UHDOXQGDP+LPPHONUHLVWHQ-DJG=RRQXP HYHQWXHOODQIOLHJHQGHJHJQHULVFKH9HUElQGHUHFKW]HLWLJDE]XIDQJHQ =ZHL-DJG=RRQHVNRUWLHUWHQXQV]XHLQHP/DQGHSODW]DP5DQGGHV+HHUODJHUV %LJ %HQ 6SHFLDO ZDU QDWUOLFK QLFKW ]X VHKHQ GHQQ LKQ KDWWH LFK ZLHGHU LQ PHLQHU

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

9ROOSURWKHVHYHUZDKUW :lKUHQG HLQHU GHU -DJGSLORWHQ IRUWJLQJ XP HLQHQ 2IIL]LHU ]X KROHQ EOLHE GHU DQGHUH EHL PLU 2IIHQEDU VROOWH HU GDUEHU ZDFKHQ GD LFK QLFKW RKQH %HJOHLWXQJ LQV /DJHUJLQJ ,FKKROWHPHLQHQ:HLQVFKODXFKDXVGHUOLQNHQ6DWWHOWDVFKHXQGERWGHP3LORWHQ HWZDVDQ 'HUVFKZDU]KlXWLJH5LHVHVWUDKOWH ³'DQNH .DPHUDG GD VDJH LFK QLFKW QHLQ 8QV LP /DJHU LVW YRU YLHU 7DJHQ GHU :HLQ DXVJHJDQJHQ 6HLWGHP JLEW HV QXU GQQHV ELWWHUHV %LHU´ (U QDKP HLQHQ JURHQ 6FKOXFNXQGVWLHDXI³'HLQ:HLQLVWJXW´ ³%H]LHKXQJHQ PX PDQ KDEHQ´ VDJWH LFK ³:DQQ VROO HV GHQQ HLJHQWOLFK ORVJHKHQ"´ ³.HLQH$KQXQJ$EHUHVEUDXWVLFKHWZDV]XVDPPHQ.DPHUDG6HLWJHVWHUQVLQG DOOH KXQGHUWHOI :HLVHQ +WHU YHUVDPPHOW XQG EHUDWHQ +RIIHQWOLFK ZDUWHQ VLH QLFKW ]X ODQJH´ (U VHQNWH GLH 6WLPPH ³(V JLEW *HUFKWH GHQHQ ]XIROJH ZLU GLH ]DNRWLVFKH +DQGHOVVWDGW 8ILP HUREHUQ VROOHQ´ 6HLQH $XJHQ JOlQ]WHQ ³,FK ZROOWH GLH *HUFKWH WUlIHQ]X8ILPVROOELVXQWHUGLH'lFKHUPLWNRVWEDUHQ:DUHQYROOJHVWRSIWVHLQXQGLQ GHQ.HOOHUQVROOHQXQ]lKOLJH)lVVHUEHVWHQ:HLQHVODJHUQ´ ³'DV KDEH LFK DXFK JHK|UW¶ HUZLGHUWH LFK ³.RPP .DPHUDG WULQN QDFK HLQHQ 6FKOXFN¶ 9HUVWRKOHQPXVWHUWHLFKGDV*HVLFKWGHV1RUGOlQGHUV(VZDURIIHQXQGHKUOLFK .ULHJ XQG 3OQGHUXQJ JHK|UWHQ HEHQ ]XP /HEHQ GLHVHV 9RONHV²XQG HLJHQWOLFK EHUOHJWHLFKPLUZDUHQZLU7HUUDQHUQXUVFKHLQEDUEHVVHU$XFKEHLXQVHUQWHWHQYLHOH GLH QLFKW JHVlW KDWWHQ XQG 5DXE %UDQGVFKDW]XQJ XQG 9HUJHZDOWLJXQJ ZDUHQ QXU GHVKDOEQLFKWRIIHQVLFKWOLFKZHLOVLHLQ³NXOWLYLHUWHUHU)RUP´YHUEWZXUGHQ 'HU ]ZHLWH 3LORW NHKUWH ]XUFN XQG VDJWH PLU LFK VROOWH LKP PHLQHQ =RRQ EHUJHEHQ XQG PLFK DP =HOW YRQ -DVKDW .DLODPDQ GHV 6WHOOYHUWUHWHUV GHV &KHIV GHU /DQGWUXSSHQPHOGHQ(UEHVFKULHEPLUGHQ:HJ ,FK VWHOOWH EHLGHQ 0lQQHUQ PHLQHQ :HLQVFKODXFK ]XU 9HUIJXQJ XQG EDW VLH GDIU PHLQHQ =RRQ JXW ]X YHUVRUJHQ XQG LPPHU VWDUWEHUHLW ]X KDOWHQ GD LFK P|JOLFKHUZHLVHVHKUSO|W]OLFKZLHGHUDXIEUHFKHQPVVH6LHYHUVSUDFKHQHVPLU 1DFK HLQHU 9LHUWHOVWXQGH KDWWH LFK .DLODPDQV =HOW JHIXQGHQ =ZHL YRQ .RSI ELV )XJHSDQ]HUWH1RUGOlQGHUEHZDFKWHQGHQ(LQJDQJ ,FK ZLHV PLFK DXV ZRUDXIKLQ HLQHU GHU +QHQ GHQ .RSI ZDQGWH XQG LQV =HOW KLQHLQEUOOWH ³'HUDQJHPHOGHWH.XULHUGHV&KHIVGHU%RPEHUVFKXOH7UDYWRQ*HQHUDO´ ,FKUXQ]HOWHGLH6WLUQ'HUUDXKHXQGODXWH7RQEHUUDVFKWHPLFK(UZLGHUVSUDFK GHQ8PJDQJVIRUPHQGLHHLQ1LJKPDQHVHLQHQ8QWHUJHEHQHQJHVWDWWHWKlWWH 'RFK DOV -DVKDW .DLODPDQ LQV )UHLH WUDW YHUVWDQG LFK 'HU 6WHOOYHUWUHWHU GHV &KHIV GHU /DQGWUXSSHQ ZDU NHLQ 1LJKPDQH VRQGHUQ HLQ KQHQKDIWHU 1RUGOlQGHU (U ZDU PLQGHVWHQV VR JUR ZLH LFK XQG QRFK HWZDV EUHLWHU 6HLQH .OHLGXQJ EHVWDQG DXV VHLGHQHQURWHQ3OXGHUKRVHQXQGVFKZDU]HQ/DFNVWLHIHOQHLQHPZHLHQ5VFKHQKHPG XQGHLQHUPLW0HWDOOSODWWHQYHU]LHUWHQ/HGHUZHVWH 6HLQH$XJHQPXVWHUWHQPLFKGXUFKGULQJHQG ³'XELVWGHU.XULHUGHU%RPEHUVFKXOH"´ ³-DZRKO*HQHUDODQWZRUWHWHLFKODXWVWDUN³0HLQ1DPHLVW6FXVRQ+RWNXU´

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

(UJULQVWH ³*LEPLUGHLQH1DFKULFKW6FXVRQ´ ,FK UHLFKWH LKP GLH LQ HLQHU %DPEXVKOVH EHILQGOLFKH 0HOGXQJ (U QDKP VLH KHUDXVXQGODVVLHDXIPHUNVDPGXUFKGDQQEOLFNWHHUPLFKDEHUPDOVDQ ³'X EOHLEVW YRUOlXILJ LP /DJHU´ HQWVFKLHG HU PLW EHIHKOVJHZRKQWHU 6WLPPH ³:DKUVFKHLQOLFK ZHUGH LFK GLFK PRUJHQ PLW HLQHU 1DFKULFKW ]XUFNVFKLFNHQ DEHU HUVW PXLFKDEZDUWHQZLHGLH:HLVHQ+WHUHQWVFKHLGHQ´ (UZDQGWHVLFKDQHLQHQGHU:lFKWHU ³=LJJRWGXEHVRUJVW6FXVRQHLQHDQVWlQGLJH8QWHUNXQIWXQGVRUJVWGDIUGDHV LKPDQQLFKWVIHKOW.ODU"´ ³-DZRKO *HQHUDO´EUOOWH =LJJRW JULQVHQG GDQQ ZDQGWH HU VLFK DQ PLFK XQG VFKULH´)ROJHPLU6FXVRQ´ ,FKVHXI]WHXQGVDJWH ³6HKHLFKVRDXVZLHPHLQH*URPXWWHUGDGXPLFKVRDQVFKUHLVW=LJJRW"'LH K|UWQlPOLFKVHKUVFKOHFKWDEHUPHLQH2KUHQVLQGQRFKUHFKWJXW´ .DLODPDQ VFKOXJ VLFK DXI GLH 6FKHQNHO XQG EUOOWH YRU /DFKHQ 'DQQ NORSIWH HU PLUDXIGLH6FKXOWHUXQGVDJWH ³'DV ZDU YRUWUHIIOLFK 6FXVRQ ,FK PDJ 0lQQHU GLH LKUHQ 0XQG QLFKW QXU ]XP (VVHQ XQG 7ULQNHQ ]X JHEUDXFKHQ ZLVVHQ +P LFK ODGH GLFK ]X HLQHU NOHLQHQ )HVWOLFKNHLW KHXWH DEHQG HLQ 6FXVRQ 0HOGH GLFK EHL =LJJRW ZHQQ GLH 6RQQH HLQH 'DXPHQEUHLWHEHUGHP+RUL]RQWVWHKW´ ³-DZRKO*HQHUDO´HUZLGHUWHLFKXQGQLFNWH=LJJRW]X 'HU:lFKWHUEHVRUJWHPLUHLQNOHLQHV=HOWDXVEXQWHP/HLQHQOLH'HFNHQXQG .LVVHQEULQJHQXQGVDJWHDEVFKOLHHQG ³,FKVFKLFNHGLUHWZDV]X(VVHQ.DPHUDG.DQQVWGXHLJHQWOLFKPLWGHQ)lXVWHQ HEHQVRJXWXPJHKHQZLHPLWGHP0XQG"´ ,FKOlFKHOWHLKQDQ ³0|FKWHVWGXHVDXVSURELHUHQ=LJJRW"´ (UOlFKHOWH]XUFN ³9LHOOHLFKWVSlWHU0LWGLUZUGHLFKPLFKJHUQPHVVHQGXELVWPLUV\PSDWKLVFK´ ³'XPLUDXFK´YHUVLFKHUWHLFK :HQLJH 0LQXWHQ QDFKGHP HU JHJDQJHQ ZDU EUDFKWHQ ]ZHL NRVWEDU JHNOHLGHWH 'LHQHU PLU 6SHLVHQ XQG *HWUlQNH PHKUHUH 6RUWHQ %UDWHQ GD]X %URWIODGHQ 2EVW XQG :HLQ ,FK ZXQGHUWH PLFK QRFK GDUEHU GD PDQ PLU ]X GHP .UXJ PLW :HLQ ]ZHL %HFKHU JHEUDFKW KDWWH GD HUKLHOW LFK %HVXFK (LQH LQ 6HLGH JHKOOWH EOXWMXQJH 1RUGOlQGHULQ ³,FK ELQ .KL]D´ VDJWH VLH PLW KHOOHU NLQGOLFKHU 6WLPPH ³XQG LFK ZHUGH GLU *HVHOOVFKDIWOHLVWHQ´ ,FKOlFKHOWHXQGERWLKUHLQHQ6LW]SODW]DQREZRKOVLHPLUK|FKVWXQJHOHJHQNDP 8QWHU DQGHUHQ 8PVWlQGHQ ZlUH PLU LKUH *HVHOOVFKDIW DOV *OFNVIDOO HUVFKLHQHQ GRFK LFKKlWWHHLQHKHLNOHXQGJHIlKUOLFKH$XIJDEH]XO|VHQ$XHUGHPPXWHLFKPLFKYRU HPRWLRQHOOHQ%LQGXQJHQKWHQ $EHU LFK NRQQWH GDV 0lGFKHQ QLFKW JOHLFK ZLHGHU IRUWVFKLFNHQ RKQH YLHOOHLFKW HLQHQHLQIOXUHLFKHQ2IIL]LHU]XEHOHLGLJHQ,FKQDKPDQGD*HQHUDO.DLODPDQVLHPLU VFKLFNWH

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

.KL]D VWUDKOWH PLFK DQ XQG IUDJWH RE VLH XQV :HLQ HLQVFKHQNHQ GUIH ,FK EHMDKWH 6RIRUW UFNWH VLH QlKHU XQG JR XQVHUH %HFKHU YROO JROGJHOEHQ :HLQ :LU WUDQNHQ XQV ]X ZlKUHQG LFK ILHEHUKDIW EHUOHJWH ZLH LFK VLH DXI GLSORPDWLVFKH :HLVH ORVZXUGH ³+DVWGX9HUZDQGWHKLHULP/DJHU"´IUDJWHLFK ³1HLQPHLQH(OWHUQVLQGWRW.UDWDPRQHQIDQGHQPLFKDOVLFKQHXQ-DKUHDOWZDU DOOHLQLQGHU:LOGQLV6LHQDKPHQPLFKPLWXQGEHUJDEHQPLFKGHU0XWWHUGHV8UEDWK 2UGHQV'HU2UGHQYHUVRUJWHPLFKXQGELOGHWHPLFKDXV´ %HL (UZlKQXQJ GHU .UDWDPRQHQ KRUFKWH LFK DXI .UDWDPRQHQ QDQQWHQ PDQ GLH 'LHQHUGHUJHKHLPQLVYROOHQ*RWWKHLW.5$7$(VZDUHQ.XOWSULHVWHUXQGHVJDEVLHDXI .KD]DVFKRQVRODQJHVLFKGLH9HUJDQJHQKHLWEHUEOLFNHQOLH,FKIUDJWHPLFKREGLH .UDWDPRQHQ QRFK GLH JOHLFKHQ ZDUHQ ZLH YRU VHFK]LJ -DKUHQ RGHU RE GLHVH KDOEZLVVHQGHQ (LQJHERUHQHQ YRQ 9HUWUHWHUQ GHU IUHPGHQ 0DFKW DEJHO|VW ZRUGHQ ZDUHQGLHVLFKGHV.5$7$.XOWVEHPlFKWLJWKDWWHQ $XHUGHP PDFKWH HV PLFK VWXW]LJ GD PDQ PLU DXVJHUHFKQHW HLQ 0lGFKHQ VFKLFNWHGDVLQGLUHNWQRFKLQ9HUELQGXQJPLWGHQ.UDWDPRQHQVWDQG +DWWH GLH IUHPGH 0DFKW HWZD VFKRU 9HUGDFKW JHVFK|SIW" /LH VLH 5RQDOG XQG PLFKLQVJHKHLPEHUZDFKHQ" ,FKEHVFKORQRFKYRUVLFKWLJHUDOVELVKHU]XVHLQ ³'DQQ EHILQGHW VLFK GLH 0XWWHU GHV 8UEDWK2UGHQV DOVR HEHQIDOOV LP /DJHU"´ HUNXQGLJWHLFKPLFK ³6HOEVWYHUVWlQGOLFK´ ,Q .KL]DV 6WLPPH VFKZDQJ 9HUZXQGHUXQJ PLW $QVFKHLQHQG ZXWH MHGHU (LQJHERUHQH GDUEHU %HVFKHLG XQG GLH 862 KDWWH HLQH ,QIRUPDWLRQVOFNH ,FK WlXVFKWH HLQ *lKQHQ YRU XQG OLH GLH /LGHU KHUDEVLQNHQ ,P QlFKVWHQ 0RPHQWULLFKGLH$XJHQZLHGHUDXIOlFKHOWHYHUOHJHQXQGVDJWH ³(QWVFKXOGLJHELWWH.KL]DDEHULFKKDEHVHLW]ZHL7DJHQQLFKWPHKUJHVFKODIHQ %RPEHUHLQVlW]HJHJHQ=DNRWµ ³,FKZHUGHXQVHLQ/DJHUEHUHLWHQ´VDJWH.KL]DHLIULJXQGZROOWHVLFKHUKHEHQ ,FKJULIIQDFKLKUHU+DQG ³'X ELVW ZXQGHUYROO 0lGFKHQ´ VDJWH LFK VFKOlIULJ ³9HUVWHKH PLFK ELWWH QLFKW IDOVFKDEHULFKNDQQGLH$XJHQNDXPQRFKRIIHQKDOWHQ6REDOGLFKPLFKKLQOHJHZHUGH LFK IHVW VFKODIHQ (V ZlUH PLU OLHE ZHQQ GX PLFK KHXWH QDFKPLWWDJ DOOHLQ OLHHVW $EHQGVELQLFKEHL-VKDW.DLODPDQHLQJHODGHQZDUWHKLHUDXIPLFKMD"´ .KL]DVWULFKPLUPLWGHU)LQJHUNXSSHEHU6WLUQXQG1DVHQUFNHQ ³,FKZHUGHDP$EHQG]XUFNNRPPHQXQGDXIGLFKZDUWHQMHW]WEHUHLWHLFKGLUQXU QRFKGHLQ/DJHUGDQQJHKHLFK´ ³'DVLVWQHWWYRQGLU´PXUPHOWHLFK 1DFKGHP.KL]DPLFKQRFK]XPHLQHP/DJHUJHEUDFKWXQGHLQH'HFNHEHUPLFK JHOHJW KDWWH VFKOSIWH VLH DXV GHP =HOW ,FK ZDUWHWH HLQH KDOEH 0LQXWH GDQQ ZDUI LFK GLH'HFNH]XUFNXQGVWDQGDXI ,FK VFKRE GHQ YRU GHP (LQJDQJ KlQJHQGHQ :ROOWHSSLFK ]XU 6HLWH XQG VSlKWH KLQDXV9RQ.KL]DNHLQH6SXU$XFKVRQVWHQWGHFNWHLFKQLFKWV9HUGlFKWLJHV (QGOLFKNRQQWHLFKGHQ6LJDQHVHQDXVVHLQHP9HUVWHFNKROHQ,FKEHULFKWHWHLKP NXU]ZDVLFKHUIDKUHQKDWWHXQGVDJWHDEVFKOLHHQG ³$P EHVWHQ IOLHJHQ 6LH JOHLFK ORV XQG VWHOOHQ IHVW LQ ZHOFKHP =HOW GLH :HLVHQ

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

+WHU EHUDWHQ ,FK GHQNH GD VLH XP GLHVH =HLW ]XVDPPHQ VLW]HQ 1HKPHQ 6LH VLFK DEHU ELWWH LQ DFKW :DKUVFKHLQOLFK EHILQGHQ VLFK .UDWDPRQHQ LP /DJHU XQG LFK ELQ GDYRQ EHU]HXJW GD VLFK KLQWHU LKQHQ²RGHU KLQWHU HLQLJHQ YRQ LKQHQ²9HUWUHWHU GHU IUHPGHQ0DFKWYHUEHUJHQ´ ³,FK ZHUGH VFKRQ DXISDVVHQ´ HUNOlUWH %LJ %HQ ZHJZHUIHQG ³0LW HLQHP 0LQLPHQVFKHQZLHPLUUHFKQHQGLH%XUVFKHQVLFKHUQLFKW3DVVHQ6LHQXUDXIGDPDQ 6LHQLFKWGXUFKVFKDXW.HQQRQ´ ³$XI:LHGHUVHKHQ´VDJWHLFK³6WRHQ6LHQLFKWPLWHLQHP=RRQ]XVDPPHQXQG PHOGHQ6LHVLFKEHU)XQNZHQQ6LHHWZDV$XHUJHZ|KQOLFKHVEHPHUNHQ´ 'HU 6LJDQHVH VFK|SIWH PLW VHLQHP )DOWEHFKHU HWZDV :HLQ DXV PHLQHP 7ULQNJHIl VWRSIWH VLFK HLQ SDDU %UDWHQNUXPHQ LQ GHQ 0XQG XQG DNWLYLHUWH VHLQHQ 'HIOHNWRU*HQHUDWRU 'DPLW YHUVFKZDQG HU IU GLH $XJHQ JHZ|KQOLFKHU 0HQVFKHQ ,FK VDKLKQDOOHUGLQJVQRFKLPPHUGDLFKGDV$QWLIOH[6\VWHPLQPHLQH2SWLNHLQJHVFKDOWHW KDWWH .XU]GDUDXIDNWLYLHUWH%LJ%HQVHLQ$QWLJUDYWULHEZHUNXQGHQWVFKZHEWHGXUFKGDV /IWXQJVORFKLP=HOWGDFK ,FKVWUHFNWHPLFKDXIPHLQHP/DJHUDXVGDPLWHYHQWXHOOH%HVXFKHUVLFKGDYRQ EHU]HXJHQNRQQWHQGDLFKIHVWVFKOLHI8PHVJDQ]HFKWZLUNHQ]XODVVHQHU]HXJWH LFKVRJDU6FKQDUFKJHUlXVFKHPLWWOHUHU6WlUNH ,Q :LUNOLFKNHLW VFKOLHI LFK DEHU ZHGHU QRFK UXKWH LFK ,FK DNWLYLHUWH DOOH hEHUZDFKXQJV XQG 2UWXQJVV\VWHPH PHLQHU 9ROOSURWKHVH ZREHL LFK DOOHUGLQJV GLH DNWLYH +\SHURUWXQJ VHKU VSDUVDP HLQVHW]WH XP GDV 5LVLNR HLQHU $QPHVVXQJ JHULQJ]XKDOWHQ 'RFK HV KHUUVFKWH HLQH ZHLW JHULQJHUH $NWLYLWlW DOV LFK HUZDUWHW KDWWH (LQPDO HUIDWH LFK NXU]]HLWLJ GLH (QHUJLH(PLVVLRQHQ HLQHV /XIWIDKU]HXJV ZDKUµ VFKHLQOLFK HLQHV $QWLJUDY*OHLWHUV GDQQ VDQGWH MHPDQG HLQHQ JHUDIIWHQ .RGHLPSXOV DXV GHQ LFK QLFKW]XHQWVFKOVVHOQYHUPRFKWH $EHU SO|W]OLFK NDP HLQ VR FKDUDNWHULVWLVFKHU +\SHULPSXOV EHL PLU DQ GD LFK VRIRUW ZXWH ZRKHU HU VWDPPWH 0HLQ 6XFKJHUlW KLHOW DXWRPDWLVFK )UHTXHQ] XQG :HOOHQOlQJH IHVW 'HXWOLFK YHUQDKP LFK DXV GHP 7RQHPSIlQJHUWHLO HLQ VFKDOOHQGHV VFKDGHQIURKHV*HOlFKWHU (LQ *HOlFKWHU ZLH HV W\SLVFK ZDU IU GDV .ROOHNWLYOHEHZHVHQ YRQ :DQGHUHU DXFK(6JHQDQQW 8QG GLH EHJOHLWHQGHQ ,PSXOVH VWDPPWHQ HLQZDQGIUHL YRQ HLQHP GHU IQIXQG]ZDQ]LJ=HOODNWLYDWRUHQGLH(6LQGHU*DOD[LVDXVJHVWUHXWKDWWH ,FK VFKDOWHWH PHLQHQ $XWRPDWSHLOHU DXI K|FKVWH /HLVWXQJ :HQLJH 6HNXQGHQ VSlWHU KDWWH LFK GHQ 6WDQGRUW GHV =HOODNWLYDWRUV HUPLWWHOW (U ODJ JHQDX DXI GHP 6FKQLWWSXQNW GHV KXQGHUW]ZDQ]LJVWHQ /lQJHQ XQG GHV VLHE]LJVWHQ %UHLWHQJUDGHV ZHVWOLFKHU/lQJHXQGVGOLFKHU%UHLWH 0LWHLQHP5XFNULFKWHWHLFKPLFKDXI 0LU ZDU HLQLJHV NODU JHZRUGHQ YRU DOOHP DEHU ZDU PLU NODU GD LFK GHQ =HOODNWLYDWRUXQYHU]JOLFKKROHQPXWH 6FKRQ ZROOWH LFK EHU 7HOHNRP GHQ 6LJDQHVHQ EHQDFKULFKWLJHQ GD lQGHUWH GHU 6HQGHUUDVHQGVFKQHOOVHLQHQ6WDQGRUWHUHLOWH]XPbTXDWRUXQGNUHLVWHHLQPDOXPGHQ 3ODQHWHQEHYRUHUZLHGHU]XP$XVJDQJVSXQNW]XUFNNHKUWH'DV*HOlFKWHUEUDFKDE 'RFK GRUW EOLHE HU QXU ZHQLJH 6HNXQGHQ GDQQ HQWIHUQWH HU VLFK LQ 5LFKWXQJ

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

1RUGKDOENXJHO 6HLQH +\SHULPSXOVH ZXUGHQ VFKZlFKHU XQG YHUVWXPPWHQ VFKOLHOLFK JDQ] ,FKZDUWHWHIDVWHLQH0LQXWHODQJZlKUHQGVLFKGLH*HGDQNHQLQPHLQHP*HKLUQ MDJWHQ$EHUGHU=HOODNWLYDWRUPHOGHWHVLFKQLFKWZLHGHU 'HVKDOEDNWLYLHUWHLFKPHLQHQ7HOHNRPZDUWHWHELVGHU6LJDQHVHVLFKJHPHOGHW KDWWHXQGVDJWH ³.RPPHQ 6LH VRIRUW ]XUFN %LJ %HQ(V KDW VLFK HWZDV HUHLJQHW GDV DOOHV LQ JlQ]OLFKDQGHUHP/LFKWHUVFKHLQHQOlW´ $OV %LJ %HQ NXU] GDUDXI ]XUFNNHKUWH EHULFKWHWH LFK LKP LQ 6WLFKZRUWHQ XQG VFKOR ³8QWHU GLHVHQ 8PVWlQGHQ VFKODJH LFK YRU XQYHU]JOLFK LQ GLH 3\UDPLGHQEDVLV ]XUFN]XNHKUHQXQG9HUELQGXQJPLWGHU8.DXI]XQHKPHQ'HU/RUGDGPLUDOPXVR VFKQHOOZLHP|JOLFKEHQDFKULFKWLJWZHUGHQ´ ³'DV LVW DXFK PHLQH 0HLQXQJ´ HUZLGHUWH GHU 6LJDQHVH HUQVW ³$EHU ZDV ZLUG -DVKDW.DLODPDQVDJHQZHQQZLURKQHVHLQH=XVWLPPXQJDEIOLHJHQZROOHQ"´ ³:LU ZHUGHQ LKQ QLFKW QDFK VHLQHU 0HLQXQJ IUDJHQ´ HUNOlUWH LFK ³'LH EHLGHQ =RRQODVVHQZLUKLHU:LUIOLHJHQPLWPHLQHP)OXJDJJUHJDW´

:LUKDWWHQ*OFN 1LHPDQG KLHOW PLFK DXI DOV LFK %LJ %HQ ZLHGHU LQ VHLQHP 9HUVWHFN GDV =HOW YHUOLH XQG GXUFK GDV /DJHU JLQJ $Q HLQHU 6WHOOH GLH GXUFK =HOWH JHJHQ (LQVLFKW JHVFKW]WZDUDNWLYLHUWHLFKGDV'HIOHNWRUXQGGDV)OXJDJJUHJDWXQGVWDUWHWH ,Q JHULQJHU +|KH VFKZHEWH LFK LQ ³6FKOHLFKIDKUW´ GDYRQ (LQLJH .LORPHWHU YRP /DJHU HQWIHUQW EHVFKOHXQLJWH LFK PLW 0D[LPDOZHUWHQ XQG IORJ ]XHUVW LQ 5LFKWXQJ 0HHU XQGGDQQEHUGHU6HHQDFK6GHQ 8QWHUZHJV EHULFKWHWH PLU GHU 6LJDQHVH GD HU HLQH JHKHLPH %HVSUHFKXQJ GHU KXQGHUWHOI 5HJLHUXQJVPLWJOLHGHU EHODXVFKW KlWWH $OOHUGLQJV KDEH HU ZHJHQ PHLQHV $QUXIHVQLFKWYLHOPLWEHNRPPHQ'RFKVHLHVLKPJHOXQJHQPLW+LOIHVHLQHU0HJHUlWH IHVW]XVWHOOHQ GD GLH YLHU HEHQIDOOV DQZHVHQGHQ 'LHQHU GHU *RWWKHLW .5$7$ PLW WHFKQLVFKHQ*HUlWHQDUEHLWHWHQ ³6LH YHUZDQGWHQ VSH]LILVFK PRGLIL]LHUWH +RFKHQHUJLH XP GLH :HLVHQ +WHU K\SQRVXJJHVWLY ]X EHHLQIOXVVHQ´ HUNOlUWH HU ³,KUH 7HFKQLN HQWVSULFKW DQVFKHLQHQG XQVHUHPHLJHQHQ6WDQG´ ,FK VFKZLHJ GD]X GHQQ LFK ZROOWH HUVW GLH ELVKHU EHNDQQWHQ )DNWHQ JHLVWLJ YHUDUEHLWHQXQGVRUWLHUHQEHYRULFK+\SRWKHVHQRGHU7KHRULHQDXIVWHOOWH $QGHUWKDOE 6WXQGHQ QDFK PHLQHP 6WDUW EHIDQG LFK PLFK DXI JOHLFKHU +|KH PLW GHU6WDGW7UDYWRQ,FKIORJDQGHUPDOHULVFKDQHLQHUEUHLWHQ%XFKWOLHJHQGHQ+DIHQVWDGW YRUEHLXQGVFKZHQNWHGDQDFKLQ5LFKWXQJ2VWHQDE =HKQ 0LQXWHQ VSlWHU VFKZHEWH LFK XQVLFKWEDU EHU HLQHU ULHVLJHQ +HUGH =RRQ (LQ 7HLO VHW]WH VLFK DXV GHQ VFKQHOOHQ 5LHVHQY|JHOQ ]XVDPPHQ GLH ]XU -DJG DXI IHLQGOLFKH%RPEHURGHU]X.XULHUGLHQVWHQYHUZHQGHWZXUGHQ ,FK ODQGHWH DXI GHP 'DFK HLQHV 6FKXSSHQV YHUJHZLVVHUWH PLFK GD QLHPDQG ]XVHKHQNRQQWHXQGVFKDOWHWHGHQ'HIOHNWRUXQGGDV)OXJDJJUHJDWDE'DQQVWLHJLFK GXUFKGLH'DFKOXNHLQGHQ6FKXSSHQ+LHUODJHQLQODQJHQ5HJDOHQ6lWWHOIUMHGH$UW

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

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²HV VHL GHQQ HU EHVD )OXJDJJUHJDWH ,FK ]RJ DP +|KHQ]JHO VFKQDO]WH PLW GHU =XQJH 0HLQ 7LHU VFKLHQ VLFK ]X IUHXHQ GD HV VHLQH .UlIWH HQWIDOWHQ GXUIWH (V UDVWH ORV XQG VFKZDQJ VLFK JHUDGH]X EHUPWLJHPSRU ,Q NXU]HU =HLW ZDUHQ ZLU EHU GHP DXVJHGHKQWHQ 9HUZDOWXQJVEDX ,FK ODQGHWH QHEHQ GHP *HElXGH LQ GHP ,PLUDOV 'LHQVW]LPPHU ZDU XQG EHUJDE PHLQHQ =RRQ HLQHP$UEHLWVVNODYHQ *HGXOGLJDEVROYLHUWHLFKGLH%DGH]HUHPRQLHRKQHGLHQLHPDQGLQHLQ*HElXGH JHNRPPHQZlUH(LQ1RWIDOOHUODXEWHQDWUOLFKGLH8PJHKXQJGHU9RUVFKULIWHQGRFKLFK ZROOWH NHLQ $XIVHKHQ HUUHJHQ VRQGHUQ JDQ] QRUPDO YRQ PHLQHU .XULHUUHLVH ]XUFNNRPPHQ ,PLUDOVDKEHUUDVFKWDXIDOVLFKVHLQ'LHQVW]LPPHUEHWUDW(UZDUDOOHLQVRGD LFKRIIHQVSUHFKHQNRQQWH ³,FK KDEH ZLFKWLJH ,QIRUPDWLRQHQ´ VDJWH LFK ³:DQQ N|QQHQ 6LH HLQ 7UHIIHQ DUUDQJLHUHQ EHL GHP PHLQ 3DUWQHU XQG 6LH GDEHL VLQG" (V PX HQWZHGHU VWUHQJ JHKHLPRGHUXQWHUGHP9RUZDQGGLHQVWOLFKHU$QJHOHJHQKHLWHQGXUFKJHIKUWZHUGHQ´ $OV,PLUDOEHUOHJHQGGLH6WLUQUXQ]HOWHIJWHLFKKLQ]X ³$XHUGHP PX LFK QDFK GHU 8QWHUUHGXQJ IU HLQLJH =HLW YRQ KLHU YHUVFKZLQGHQ´ ³6LHZROOHQLQGHQ3\UDPLGHQVWW]SXQNW"´(VZDUHKHUHLQH)HVWVWHOOXQJDOVHLQH )UDJH ³-DYLHOOHLFKWVRJDULQGHQ:HOWUDXP9HUPXWOLFKIUHLQLJH7DJH´ ³.|QQHQ 6LH PLFK PLWQHKPHQ" ,FK P|FKWH DXFK JHUQ HLQPDO LQ GHQ :HOWUDXP
hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

VFKLFNHQ GDPLW 6LH +HUGHQ YRQ ZLOGHQ =RRQ VXFKHQ GLH GDQQ VSlWHU YRQ 7UHLEHUNRPPDQGRV HLQJHIDQJHQ ZHUGHQ VROOHQ 'DV LVW HLQH 'HJUDGLHUXQJ GLH JOHLFK]HLWLJ ,KU 9HUVFKZLQGHQ HUNOlUW 6REDOG 6LH ]XUFNNRPPHQ NDQQ LFK 6LH ZHJHQ %HZlKUXQJZLHGHUIU³JHKREHQH´$XIJDEHQYHUZHQGHQ´ 'DVZDUVRKHUYRUUDJHQGGXUFKGDFKWGDHVGDUDXIQLFKWV]XHUZLGHUQJDE:LU YHUOLHHQ GDV 'LHQVW]LPPHU 'UDXHQ ULHI ,PLUDO HLQHQ $UEHLWVVNODYHQ ]X VLFK XQG EHIDKO LKP GHQ %RPEHUSLORWHQ 7¶DEDQ 7HQWKUHGR ]X VXFKHQ XQG LKP DXV]XULFKWHQ HU P|JHXQYHU]JOLFKLQVHLQ+DXVNRPPHQ $OVHUGLH7UVHLQHV+DXVHVKLQWHUXQVHLQVFKQDSSHQOLHGHXWHWH,PLUDODXIGLH :DVVHUVFKOHXVHXQGIUDJWH ³6LHP|FKWHQGRFKVLFKHUHLQ%DGQHKPHQ6FXVRQ+RWNXUQLFKWZDKU"´ ³'DQNH´ HQWJHJQHWH LFK ³DEHU LFK ELQ VFKRQ IUKHU ]X KHL JHEDGHW ZRUGHQ *HKHQ6LHYRUDXVLFKZDUWHKLHUDXI7HNHQHU´ ,FKKROWHGHQ6LJDQHVHQDXVPHLQHP9HUVWHFNXQGHUNXQGLJWHPLFKGDQDFKRE HUQLFKW/XVW]XHLQHPGHVLQIL]LHUHQGHQ%DGKlWWH ³,FK KDEH GRFK NHLQH /lXVH 6LH 9HUOHXPGHU´ ]HWHUWH %LJ %HQ 6SHFLDO ³8QG ZHQQGDQQVLQGVLHDXV,KUHU9ROOSURWKHVH´ %HYRU LFK HWZDV HUZLGHUQ NRQQWH EHWUDW PHLQ 3DUWQHU GHQ 5DXP PLW GHU :DVVHUVFKOHXVH (UZ|OEWHGLH%UDXHQDOVHUPLFKVDK ³1DQX"6FKRQZLHGHU]XUFN"´ ³:LH GX VLHKVW 5RQDOG .RPP LFK GHQNH ,PLUDO VROOWH UXKLJ DOOHV PLWDQK|UHQ ZDVLFK]XEHULFKWHQKDEH´ :LUJLQJHQLQGHQJURHQJHPWOLFKDXVJHVWDWWHWHQ:RKQUDXPGHV6WDOOPHLVWHUV XQG VHW]WHQ XQV DXI IHOOEHVSDQQWH *HVWHOOH ,FK ILQJ HLQHQ VHOWVDPHQ %OLFN ,PLUDOV DXI XQG IUDJWH PLFK RE HU HWZD EHREDFKWHW KDWWH ZLH LFK GHQ 6LJDQHVHQ DXV PHLQHU 9ROOSURWKHVH KROWH 'RFK GDV ZlUH DXFK QLFKW VFKOLPP ,PLUDO KDWWH VLFK DOV DEVROXW ]XYHUOlVVLJHUZLHVHQ,FKYHUWUDXWHLKP ³=XHUVWHLQHZHQLJHUZLFKWLJH)HVWVWHOOXQJ´VDJWHLFKZlKUHQGGHU(LQJHERUHQH :HLQ HLQVFKHQNWH ³'LH .UDWDPRQHQ EHQXW]HQ +RFKHQHUJLHJHUlWH XP GLH :HLVHQ +WHU K\SQRVXJJHVWLY ]X EHHLQIOXVVHQ ,FK QHKPH DQ GD VLH DXFK GLH 5HJLHUXQJ =DNRWVQDFKLKUHP:LOOHQ²EH]LHKXQJVZHLVHQDFKGHP:LOOHQ.5$7$6²OHQNHQ´ ,FK OHJWH HLQH 3DXVH HLQ XQG VSUWH GLH 6SDQQXQJ LQ 5RQDOG XQG ,PLUDO DQVWHLJHQ ³$XI.KD]DEHILQGHWVLFKHLQ=HOODNWLYDWRU´VDJWHLFKLQGLH6WLOOHKLQHLQ 5RQDOGV*HVLFKWZXUGHXQGXUFKGULQJOLFKDEHUGLH$XJHQVDKHQPLFKJHUDGH]X GXUFKERKUHQGDQ ³(LQ =HOODNWLYDWRU"´ IUDJWH ,PLUDO UXKLJ ³'DV LVW GRFK HLQ *HUlW PLW GHP GHU $OWHUXQJVSUR]HYRQ/HEHZHVHQDXIJHKDOWHQZHUGHQNDQQ"´ ³5LFKWLJ´DQWZRUWHWHLFK ³:RUDXVVFKOLHWGXGDV6LQFODLU"´IUDJWH5RQDOGPLWURERWHUKDIWHU6WLPPH6HLQ %OLFNZDULPPHUQRFKVWDUUDXIPLFKJHULFKWHW ³:LU DOOH ZXUGHQ GDUDXI JHVFKXOW GLH FKDUDNWHULVWLVFKHQ 6HQGHLPSXOVH YRQ =HOODNWLYDWRUHQ ]X LGHQWLIL]LHUHQ´ HUNOlUWH LFK ³,FK KDEH HLQZDQGIUHL VROFKH ,PSXOVH DXIJHIDQJHQGD]XGDVDNXVWLVFKH*HOlFKWHUGHV)LNWLYLHEHZHVHQV(6*HQJWGDV"´ ³)DVW.RQQWHVWGXHLQH6WDQGRUWSHLOXQJYRUQHKPHQ3DUWQHU"´'HQOHW]WHQ6DW]

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

VSUDFK5RQDOGLQOLHEHQVZUGLJHP7RQIDOO ³1LFKW QXU HLQH´ HUZLGHUWH LFK ³0HKUHUH 'HU 6HQGHU ZHFKVHOWH VHKU VFKQHOO PHKUPDOV GHQ 6WDQGRUW XQG YHUVWXPPWH ZlKUHQG HU VLFK DXV GHU bTXDWRUJHJHQG LQ 5LFKWXQJ1RUGHQHQWIHUQWH´ 5RQDOGVFKORGLH$XJHQ (LQLJH 0LQXWHQ ODQJ VDHQ ZLU VFKZHLJHQG GD ,PLUDO XQG LFK PXVWHUWHQ XQV JHJHQVHLWLJ $OV 5RQDOG GLH $XJHQ ZLHGHU DXIVFKOXJ OlFKHOWH HU HLJHQWPOLFK XQG VDJWH ODQJVDP ³'DQDFKJHOVWHWPLFK ,FK VDJWH QLFKWV GD]X QLFKW VRIRUW GHQQ LFK KDWWH PLU EHUHLWV JHGDFKW GD 5RQDOG7HNHQHUGHUJDODNWLVFKH6SLHOHUXQG$EHQWHXUHUVRUHDJLHUHQZUGH (UWUDQNVHLQHQ%HFKHUDXVVFKHQNWHQDFKXQGOHHUWHDXFKGLHVHQ%HFKHUGDQQ VFKOHXGHUWHHUGDV*HIlDQGLHJHJHQEHUOLHJHQGH:DQGXQGODFKWHYROOHU:LOGKHLW ,P QlFKVWHQ 0RPHQW KDWWH HU VLFK ZLHGHU XQWHU .RQWUROOH (U HQWVFKXOGLJWH VLFK EHL,PLUDOGDQQEOLFNWHHUPLFKDQXQGIUDJWH ³'XKDVWGLUVLFKHUVFKRQHLQHQ3ODQ]XUHFKWJHOHJW3DUWQHU1XQ"´ ³-D´ DQWZRUWHWH LFK ³,FK ZHUGH ]XP 3\UDPLGHQVWW]SXQNW IOLHJHQ XQG 9HUELQGXQJ PLW GHU 8. DXIQHKPHQ 9LHOOHLFKW IOLHJH LFK VRJDU PLW GHU $WPR/LQVH KLQDXI XQG VWHOOH HLQH 5HODLVYHUELQGXQJ PLW $WODQ KHU 'DV KlQJW GDYRQ DE RE GLH YHUVSURFKHQH5HODLVNHWWH]ZLVFKHQGLHVHP6\VWHPXQG4XLQWR&HQWHUVFKRQVWHKWµ ³:DUXPZLOOVWGXGHQ/RUGDGPLUDOVFKRQMHW]WDQUXIHQ"´IUDJWH5RQDOG³+DWGDV QLFKW QRFK =HLW" :LU VROOWHQ HUVW HLQPDO YHUVXFKHQ HLQH ]ZHLWH ,PSXOVIROJH GHV =HOODNWLYDWRUVDE]XK|UHQ´ ,FKVFKWWHOWHGHQ.RSI ³6HLW GDV :DQGHUHUZHVHQ LP 0lU] IQIXQG]ZDQ]LJ =HOODNWLYDWRUHQ DXVVWUHXWHLVWMHGHU+LQZHLVDXIHLQHQ$NWLYDWRUHLQ(UHLJQLVYRQ$OSKD5DQJGDVKHLW GLH JHULQJVWH ,QIRUPDWLRQ PX YRQ 8626SH]LDOLVWHQ XQG 6RO$E$JHQWHQ DXI GHP VFKQHOOVWHQXQGGLUHNWHVWHQ:HJDQGDVMHZHLOLJH+DXSWTXDUWLHUZHLWHUJHOHLWHWZHUGHQ 'XZLOOVWGLFKKRIIHQWOLFKNHLQHV'LHQVWYHUVWRHVVFKXOGLJPDFKHQ´ 5RQDOGJULQVWHGQQ ³1DWUOLFK QLFKW GX 6FKODXEHUJHU )OLHJH GX UXKLJ ]XU .RUYHWWH KLQDXI XQG WHLOH GLH1HXLJNHLWGHP/RUGDGPLUDOPLW,FKZHUGHKLHUXQWHQGLH6WHOOXQJKDOWHQ´ (UZDQGWHVLFKDQGHQ6LJDQHVHQXQGVDJWH ³%LJ%HQLFKGHQNHHVZLUGDPEHVWHQVHLQZHQQ6LH6LQFODLULQGHQ6WW]SXQNW EHJOHLWHQ XQG YRQ GRUW DXV 9HUELQGXQJ PLW LKP KDOWHQ 9HUVXFKHQ 6LH DXHUGHP ZHLWHUH6LJQDOHGHV$NWLYDWRUVDXI]XIDQJHQXQGXQWHUULFKWHQ6LHPLFKZHQQ6LHHWZDV :LFKWLJHVIHVWVWHOOHQ´ ³,FKYHUVWHKH´HUZLGHUWH%LJ%HQPLWVFKLHIHP*ULQVHQ(UZDQGWHVLFKDQPLFK ³:DQQJHGHQNHQ6LHDXI]XEUHFKHQ.HQQRQ"´ ,FKHUKREPLFK ³6RIRUW²,PLUDO ELWWH VWHOOHQ 6LH PLU HLQHQ =RRQ ]XU 9HUIJXQJ GDPLW PHLQ µ$EJDQJ¶ HFKW ZLUNW ,FK ZHUGH HV DXHUKDOE GHV 6FKXOJHELHWHV DE]lXPHQ XQG IUHLODVVHQ´ 'HU (LQJHERUHQH VDK PHLQH DXVJHVWUHFNWH +DQG ]|JHUQG DQ GDQQ VFKOXJ HU KHU]KDIWHLQ

hEHUGHQ:RONHQYRQ.KD]D

³$XI:LHGHUVHKHQ.HQQRQ´VDJWHHU

M

$WODQ

(V ZDU 1DFKW DOV LFK PLW GHP VFKQHOOHQ =RRQ VWDUWHWH XQG GDV /DQG ZXUGH LQ EOHLFKHV /LFKW JHWDXFKW 'HU 6FKDWWHQ GHV =RRQ KXVFKWH JHLVWHUKDIW EHU GHQ %RGHQ HKHZLU]XKRFKGDIUZDUHQ %LJ %HQ 6SHFLDO EHIDQG VLFK ZLHGHU LQ VHLQHP 9HUVWHFN :LU KDWWHQ QLFKWV ULVNLHUHQZROOHQ ,FKJHQRGHQEHLQDKHODXWORVHQ)OXJ:lKUHQGGHUNXU]HQ=HLWDXI.KD]DKDWWH LFK PLFK DQ GDV ³5HLWHQ´ DXI 5LHVHQY|JHOQ JHZ|KQW XQG IDQG HV DXI XQYHUJOHLFKOLFKH $UWHOHJDQW 0HLQH *HGDQNHQ ZDUHQ DOOHUGLQJV QLFKW EHL GLHVHP )OXJ 6LH NUHLVWHQ XP GHQ =HOODNWLYDWRU 1LFKW GD HV PLFK GDQDFK JHOVWHWH ZLH 5RQDOG GHQQ PLW PHLQHU 9ROOSURWKHVHNRQQWHLFKVHKUODQJHOHEHQDEHULFKIUDJWHPLFKREGLHVHU$NWLYDWRUDXFK VFKRQ LP 0lU] DEJHVHW]W ZRUGHQ ZDU ZLH GLH *HUlWH GLH PDQ LQ]ZLVFKHQ JHIXQGHQKDWWH :HQQHVVLFKVRYHUKLHOWGDQQODJGHU=HOODNWLYDWRUVHLWEHLQDKHGUHLXQGDFKW]LJ -DKUHQDXI.KD]D :DUXPZDUHUGDQQQLFKWIUKHUHQWGHFNWZRUGHQ"µ =HOODNWLYDWRUHQ VDQGWHQ GRFK LQ EHVWLPPWHQ $EVWlQGHQ +\SHUNRQLVLJQDOH DXV GLHQRFKLQPHKUHUHQ/LFKWMDKUHQ(QWIHUQXQJHPSIDQJHQZHUGHQNRQQWHQ :LH YHUKLHOW HV VLFK PLW GHU IUHPGHQ 0DFKW GLH VLFK KLQWHU GHU LPDJLQlUHQ *RWWKHLW .5$7$ YHUEDUJ" +DWWH VLH GLH ,PSXOVH JHDUWHW XQG VLFK GHVKDOE DXI .KD]D HWDEOLHUW" 8QZDKUVFKHLQOLFK HQWVFKLHG PHLQH 0LNUR3RVLWURQLN :HU QXU DXI GHQ $NWLYDWRU DXV lVW EUDXFKW VLFK QLFKW ]XP KHLPOLFKHQ +HUUVFKHU HLQHV 3ODQHWHQ ]X PDFKHQ XP LKQ]XILQGHQ 'DV ZDU ]ZHLIHOORV ORJLVFK 0|JOLFKHUZHLVH KDWWH GLH IUHPGH 0DFKW NHLQH $KQXQJ YRQ GHP $NWLYDWRU JHKDEW DOV VLH VLFK DXI .KD]D IHVWVHW]WH ,KUH 9HUWUHWHU O|VWHQGLHUHFKWPlLJHQ.UDWDPRQHQDEZDKUVFKHLQOLFKLQGHPVLHVLHHUPRUGHWHQ0LW LKUHQ KHUYRUUDJHQGHQ WHFKQLVFKHQ +LOIVPLWWHOQ NRQQWHQ VLH GDQDFK (LQIOX DXI GDV *HVFKHKHQGLHVHU:HOWQHKPHQ 'DQQ ILQJHQ VLH HLQH 6HQGXQJ GHV =HOODNWLYDWRUV DXI 6LH NDQQWHQ DOVR GLH VSH]LHOOHQ 6HQGHLPSXOVH GLHVHU *HUlWH 'DV ZDU KHXW]XWDJH QLFKW PHKU VHOEVWYHUVWlQGOLFK ZLH LQ GHQ -DKUHQ QDFK GHU $XVVWUHXXQJ GHU $NWLYDWRUHQ DOV 0LOOLRQHQ GDUDXI -DJG PDFKWHQ XQG +XQGHUWH DXI GHU -DJG QDFK GHP HZLJHQ /HEHQ HLQHQIUKHQ7RGIDQGHQ .5$7$ZXWHDOVRGDHVDXI³VHLQHP´3ODQHWHQHLQHQ=HOODNWLYDWRUJDE²DEHU HUKDWWHLKQELVKHUQLFKWILQGHQN|QQHQ :LH VWDUN PXWHQ VHLQH %HIUFKWXQJHQ VHLQ GD" DQGHUH GLH ,PSXOVH HEHQIDOOV DXIILQJHQXQGDQSHLOWHQ" 6HKUVWDUNGHVVHQZDULFKVLFKHU.5$7$ZHURGHUZDVLPPHUVLFKKLQWHUGHP %HJULII YHUEDUJ ZXWH GD VHLIWH &KDQFHQ GDV HZLJH /HEHQ ]X JHZLQQHQ GHVWR VWlUNHUVLQNHQPXWHQMHPHKU3HUVRQHQYRQGHP$NWLYDWRUDXI.KD]DZXWHQXQGVLFK DQGHU6XFKHEHWHLOLJWHQ

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

)ROJOLFK YHUVXFKWH HU ]X YHUKLQGHUQ GD MHPDQG GLHVHP 3ODQHWHQ QDKH JHQXJ NDPXP]XIlOOLJGLH6HQGHLPSXOVH]XHPSIDQJHQ 'DVHUNOlUWHUHLQHU$QVLFKWQDFKVHKUYLHO ,FKVSlKWHQDFKXQWHQXQGVDKGDLFKGDV*HELHWGHU%RPEHUVFKXOHYHUODVVHQ KDWWH 8QJHGXOGLJ OHQNWH LFK PHLQHQ =RRQ QDFK XQWHQ QDKP LKP =JHO XQG 6DWWHO DE XQGJDELKPHLQHQDXIPXQWHUQGHQ.ODSVDXIGHQ+DOV 'DV7LHUULFKWHWHVLFKDXIXQGWUDEWHGDYRQ ,FKDNWLYLHUWHPHLQH2UWXQJVJHUlWHXQGWDVWHWHGLH8PJHEXQJDE1LUJHQGZDUHQ $Q]HLFKHQYRQ*HJQHUQ]XHUNHQQHQ1DWUOLFKNRQQWHQVLFK.UDWDPRQHQLQGHU1lKH EHILQGHQGHQQZHQQVLHZHGHU.HUQNUDIWDJJUHJDWHQRFK$NWLY2UWXQJEHWULHEHQZDUHQ VLHQLFKWYRQ(LQJHERUHQHQ]XXQWHUVFKHLGHQ'RFKGDVPXWHLFKULVNLHUHQ ,FK VWDUWHWH XQG IORJ LQ JHULQJHU +|KH LQ 5LFKWXQJ GHU .LU]W%HUJH DQ GHUHQ VGOLFKHP5DQGGHUJHKHLPH6WW]SXQNWODJ'DEHLGDFKWHLFKGDUDQZLHPKVHOLJIU 5RQDOGXQGPLFKGHU)XPDUVFK]XU6FKXOHGHU=RRQ%RPEHUJHZHVHQZDU-HW]WOHJWH LFKGLH(QWIHUQXQJVFKQHOOXQGPKHORV]XUFN =ZHL'ULWWHOGHU6WUHFNHZDUHQEHUHLWVKLQWHUPLUXQGLFKZROOWHJHUDGHDXIHLQHP HLQVDPHQ9XONDQNHJHOODQGHQ XPHYHQWXHOOH9HUIROJHUYRQPHLQHU6SXUDE]XEULQJHQ DOVPHLQH3DVVLY2UWXQJKHIWLJDXVVFKOXJ *HZDOWLJH 0HQJHQ WKHUPLVFKHU (QHUJLH HQWOXGHQ VLFK ZHLW LP 1RUGHQ ,FK DNWLYLHUWHQDFKNXU]HP=|JHUQGLH$NWLY2UWXQJXQGVWHOOWHIHVWGDGHU²YRQKLHUDXV XQVLFKWEDUH²(QHUJLHDXVEUXFK GXUFK GLH /DQGXQJ HLQHV UHODWLY JURHQ 5DXPVFKLIIHV KHUYRUJHUXIHQ ZRUGHQ VHLQ PXWH HLQHV 5DXPVFKLIIHV GDV ,PSXOVWULHEZHUNH EHVD XQGIROJOLFKLQWHUVWHOODUH*HVFKZLQGLJNHLWHQHUUHLFKWH 'LH $XWRPDWSHLOXQJ HUJDE GD GDV 6FKLII DXI GHU Q|UGOLFKHQ +DOENXJHO QLHGHUJHJDQJHQZDUZDKUVFKHLQOLFKDXIHLQHU1RUGPHHU,QVHO 'DV ZDU HLQ ZHLWHUHU %HZHLV GDIU GD .5$7$ VLFK QLFKW DXI GHP 3ODQHWHQ HQWZLFNHOWKDWWHVRQGHUQYRQDXHUKDOEQDFK.KD]DJHNRPPHQZDU6LFKHUODJHQGHU /DQGHSODW]GHV5DXPVFKLIIHVXQGGHU.UDWHUGHVGXQNOHQ0RQGHVQDKHEHLHLQDQGHU (EHQ ZROOWH LFK ZLHGHU VWDUWHQ GD ]LUSWH GHU +\SHUNRP DXI²XQG YHUVWXPPWH ZLHGHU2KQHGLH+LOIVRUJDQHGHU9ROOSURWKHVHKl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lUHGDEHLVFKZHUYHUOHW]WZRUGHQ ,FK VSUWH 7UDXHU QLFKW QXU ZHLO LFK HUVW YRU NXU]HU =HLW GLH 5ROOH YRQ .DQJRV 5DL]6HODVHJHVSLHOWKDWWHVRQGHUQZHLOPLUGLHVHUJURH-XQJHV\PSDWKLVFKJHZHVHQ ZDU 8QZLOONUOLFK VFKWWHOWH LFK GLH )DXVW LQ GLH 5LFKWXQJ LQ GHU GDV IUHPGH 5DXPVFKLIIJHODQGHWZDUXQGVDJWH

hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

³(XFK0RUGJHVLQGHOVROOGHU7HXIHOKROHQ´

,P3\UDPLGHQVWW]SXQNWDQJHNRPPHQIRUVFKWHLFKPLW+LOIHGHU+DXSWSRVLWURQLN QDFKHLQHU0|JOLFKNHLWLUJHQGHLQ1DWXUHUHLJQLV]XEHQXW]HQXP.KD]DXQEHPHUNWPLW GHU$WPR/LQVHYHUODVVHQ]XN|QQHQ 'DEHL VWLHJ PHLQH $FKWXQJ YRU GHP WRWHQ
hEHUGHQ:RONHQYRQ.KD]D

M

$WODQ

+\SHUIXQNHPSIlQJHU 'DQQ ZUGH PDQ GRUW GLH 6HQGHLPSXOVH GHV $NWLYDWRUV HPSIDQJHQXQGDXFKHLQSHLOHQ'DPLWKlWWHQZLUGDV0RWLYIUGLH0RUGH ³+LQWHU.5$7$PXVLFKHLQ8QJHKHXHUYHUEHUJHQ´VWLHLFKKHUYRU $WODQOlFKHOWHZLVVHQG ³6LH OHEWHQ QRFK QLFKW DOV GLH =HOODNWLYDWRUHQ DXVJHVWUHXW ZXUGHQ 6SH]LDOLVW .HQQRQVRQVWZWHQ6LHGDGLHPHLVWHQ0HQVFKHQIUHLQVFKHLQEDUHZLJHV/HEHQ EHLQDKHDOOHVWXQZUGHQ´ 6HLQ%OLFNYHUGXQNHOWHVLFK ³(VZXUGHVFKRQZHJHQJHULQJHUHU'LQJHJHPRUGHW´ hEHUJDQJVORVILHOHULQHLQHQVDFKOLFKNKOHQ7RQIDOO]XUFN ³6LHEOHLEHQELWWHDXIGHU.RUYHWWH6SH]LDOLVW.HQQRQ5LFKWHQ6LH0DMRU.DSXUDW YRQ PLU DXV HU P|FKWH GDV 6FKLII ZLHGHU LQ GHQ 2UWXQJVVHKXW] GHU 6RQQH ]XUFNVWHXHUQ6REDOGLFK,KUHQ%HULFKWDXVJHZHUWHWKDEHODVVHLFKYRQPLUK|UHQ%LV GDKLQ²YLHOHQ'DQNXQGDOOHV*XWH´ ³'DQNH6LU´HUZLGHUWHLFKDXWRPDWLVFK ,FK VFKDOWHWH GHQ +\SHUNRP DXV XQG VDK DXI GLH %LOGVFKLUPH GHU 5XQGVLFKWDQODJH'LH6WHUQHGDGUDXHQKDWWHQHVEHVVHUDOVZLU0HQVFKHQ6LHMDJWHQ NHLQHQ:XQVFKWUlXPHQQDFK (1'( /HVHQ6LHLQ7DJHQ$7/$11UPLWGHP7LWHO

'LH,QVHOGHVGXQNOHQ0RQGHV

YRQ+DQV.QHLIHO 6LHNlPSIWHQLQGHU0DVNHYRQ%DUEDUHQ²XQG HUUHLFKWHQGDV9HUVWHFNGHV*RWWHV

Über den Wolken von Khaza

Über den Wolken von Khaza

Über den Wolken von Khaza

Über den Wolken von Khaza

Palast hinter den Wolken

Palast hinter den Wolken

Tod in den Wolken

Tod in den Wolken

Palast hinter den Wolken

Palast hinter den Wolken

Tod in den Wolken

Tod in den Wolken

Geistertreffen über den Wolken

Geistertreffen über den Wolken

SOS ueber den Wolken

SOS ueber den Wolken

SOS über den Wolken

SOS über den Wolken

Entscheidung über den Wolken

Entscheidung über den Wolken

Tod in den Wolken

Tod in den Wolken

Tod in den Wolken

Tod in den Wolken

Spion über den Wolken

Spion über den Wolken

Tod in den Wolken

Tod in den Wolken

Tod in den Wolken

Tod in den Wolken

Tod in den Wolken

Tod in den Wolken

Tod in den Wolken

Tod in den Wolken

Tod in den Wolken

Tod in den Wolken

Spion über den Wolken

Spion über den Wolken

Tod in den Wolken

Tod in den Wolken

Front in den Wolken

Front in den Wolken

SOS über den Wolken

SOS über den Wolken

Welt über den Wolken

Welt über den Wolken

Entscheidung über den Wolken

Entscheidung über den Wolken

Tod in den Wolken

Tod in den Wolken

Tod in den Wolken

Tod in den Wolken

Tod in den Wolken

Tod in den Wolken

Entscheidung über den Wolken

Entscheidung über den Wolken

Die Brücke in den Wolken

Die Brücke in den Wolken

Unter Den Wolken Der Venus

Unter Den Wolken Der Venus

Our partners will collect data and use cookies for ad personalization and measurement. Learn how we and our ad partner Google, collect and use data. Agree & close