'LH1DFKWGHU9XONDQH
M 1U 'LH1DFKWGHU9XONDQH YRQ+DQV.QHLIHO
$WODQ
$XI 7HUUD GHQ :HOWHQ GHV...
9 downloads
548 Views
241KB 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
'LH1DFKWGHU9XONDQH
M 1U 'LH1DFKWGHU9XONDQH YRQ+DQV.QHLIHO
$WODQ
$XI 7HUUD GHQ :HOWHQ GHV 6RODUHQ ,PSHULXPV XQG GHQ 6WW]SXQNWHQ GHU 862 VFKUHLEWPDQ(QGH-XQLGHV-DKUHV 'LHVHV -DKUKXQGHUW LVW HLQH =HLW LQ GHU GLH VRODUH 0HQVFKKHLW RGHU GLH 0HQVFKKHLWYRQGHQ:HOWHQGHUHUVWHQ6LHGOXQJVZHOOHZLHGHUQDFKGHQ6WHUQHQJUHLIW XQGVLFKZHLWHULP$OODXVEUHLWHW (VLVWHLQH=HLWGHUJURHQ(UIROJHXQGJURHU/HLVWXQJHQ²HVLVWDEHUDXFKHLQH =HLWGHU*HIDKUHQXQGHLQH=HLWLQGHU5FNVFKOl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²XQGLQ',(1$&+7'(598/.$1( 'LH+DXSWSHUVRQHQGHV5RPDQV 5RQDOG 7HNHQHU XQG 6LQFODLU 0 .HQQRQ²'LH NRVPLVFKHQ %HGUlQJWHQKHOIHU UHLVHQQDFK6LJD 7KXUW&DOYXQG0D\JDQ5ROXIH²=ZHL6LJD*DQJVWHUZHUGHQYHUK|UW /HP\'DQJHU²8626SH]LDOLVWYRQ6LJD %ROWVFKD5HJXU²(LQ3DUDELR.RQVWUXNWHXU 0DUNKD+RO²&KHIGHU³7ROHUDQ]WUXSSH´ *ROWXU0DUDV²(LQ0DQQGHUQLFKWDXIJLEW $QGLHVHP0RUJHQHUZDFKWHHUPLW.RSIVFKPHU]HQXQGVFKOHFKWHU/DXQH$OVHU GLH $XJHQ |IIQHWH VDK HU QXU GDV +DOEGXQNHO GHV =LPPHUV 6HLQH ODQJH +DQG PLW )LQJHUQGLHQHUY|V]LWWHUWHQWDVWHWHQDFKHLQHPVDQIWJOKHQGHQ6FKDOWHU ³9HUGDPPW´VDJWHHUXQGUlXVSHUWHVLFK $XV GHQ =ZLVFKHQUlXPHQ GHU 3DQRUDPDVFKHLEHQ ZLFK ODQJVDP GLH 9HUGXQNOXQJVIOVVLJNHLW 'LH %OLFNH GHV 0DQQHV GHU ZLH HLQ 'UHLLJMlKULJHU DXVVDK VFKZHLIWHQ QDFK GUDXHQ 'DV VFKOHFKWH *HIKO YHUVWlUNWH VLFK DOV HU GDV *UDX GHV +LPPHOVVDK (UKDWWHHLQHQVFKZHUHQ7DJYRUVLFK ³0DQFKPDO´ NQXUUWH HU ZlKUHQG HU VLFK ODQJVDP DXV GHP %HWW GUHKWH XQG GLH QDFNWHQ 6RKOHQ DXI GDV ZHLFKH 0DWHULDO GHV 7HSSLFKV VWHOOWH ³N|QQWH LFK DOOHV ]XP 6DWDQZQVFKHQ'HQ$UNRQLGHQ5KRGDQXQGGHQ:HJGHV0HQVFKHQLQGDV:HOWDOO :DVLVWGLH)ROJH"/DXWHU6FKHUHUHLHQ´
'LH1DFKWGHU9XONDQH
M
$WODQ
(UZDU0XWDQW'LH)UDXHQXQG0lQQHUGHVWHUUDQLVFKHQ0XWDQWHQNRUSVVWDQGHQ QRFK YLHO ZHLWHU UHLFKHQG XQWHU GHP 6WUH GLHVHU DXIUHJHQGHQ -DKUH DOV DOOH DQGHUHQ 0HQVFKHQ6LHZDUHQ6SH]LDOLVWHQGLHGXUFKQLFKWVXQGQLHPDQGHQ]XHUVHW]HQZDUHQ hEHUDOO GRUW ZR HV EUDQQWH ZR HLQ]LJDUWLJH 3UREOHPH DXIWDXFKWHQ ZXUGHQ VLH HLQJHVHW]W 6R ]XP %HLVSLHO M HW]W LQ ,PSHULXP$OSKD GLHVHP YHUERUJHQHQ 5LHVHQNRPSOH[ DXI 7HUUD LQ GHU 1lKH GHU +DXSWVWDGW WLHI LQ GHQ (LQJHZHLGHQ GHU (UGH 8QG QXU ZHQLJH 3UREOHPH GLH YRQ GHQ 0XWDQWHQ ELVKHU HUOHGLJW ZRUGHQ ZDUHQ HUUHLFKWHQ HLQH VROFKH *U|HQRUGQXQJ ZLH GDV DQOLHJHQGH GHP HU VHLQH VFKOHFKWH /DXQHXQGVFKOHFKWH9HUIDVVXQJYHUGDQNWH (UVFKDOWHWHGLHSRVLWURQLVFKH.DIIHHPDVFKLQHHLQWUDQNHLQKDOEHV*ODV6HNWPLW 2UDQJHQVDIWXQGWLSSWHGDQQ.DQDO(LQVGHV9LVLSKRQV /DXWVSUHFKHUHLQKHLWXQG%LOGVFKHLEHHUZDFKWHQ]XP/HEHQ (UVFKOXUIWHLQV%DG 'HU6XJJHVWRUZDUJURXQGKDJHUXQGJLQJVWHWVHWZDVYRUQEHUJHEHXJW'LHVH VFKOHFKWH .|USHUKDOWXQJ ZDU GDV (UJHE QLV HLQHV 8PVWDQGHV GHU YLHOH ODQJH 0HQVFKHQ EHWUDI (U ZDU JH]ZXQJHQ VLFK VFKLKlXILJ PLW NOHLQHUHQ 0HQVFKHQ ]X XQWHUKDOWHQ XQG GDKHU EHXJWH HU VLFK YRU $XV GHU 1RWZHQGLJNHLW ZDU HLQH $QJHZRKQKHLWJHZRUGHQGHUVLFKGLH:LUEHOVlXOH]XP7HLODQJHSDWKDWWH ³9HUGDPPWH 6LJD QHVHQ´ NQXUUWH HU DOV LKP GHU :HFKVHODXIVDW] GHU HOHNWULVFKHQ =DKQEUVWH ]XP ]ZHLWHQPDO DXV GHQ )LQJHUQ JHJOLWWHQ ZDU 6FKOLHOLFK K|UWH HU GXUFK GDV VXPPHQGH $UEHLWVJHUlXVFK GHU 0DVFKLQH GLH 6WLPPH GHU 1DFKULFKWHQVSUHFKHULQGLH]ZLVFKHQGHQHLQ]HOQHQ0XVLNJHUlXVFKHQHUNODQJ ³ ULFKWHWH GHU 9RUVLW]HQGH GHV 6R]LDODXVVFKXVVHV YRQ 7HUUDQ 6WHHO VFKZHUH 9RUZUIH JHJHQ GLH 5HJLHUXQJ =ZDU YHUPLHG HU HV 5KRGDQV 1DPHQ GLUHNW ]X HUZlKQHQ DEHU GDGXUFK GD GLH )XQGDPHQW RGHU %DVLVSURJUDPPH GHV 5HFKHQJHKLUQV 1$7+$1 ]XP 7HLO IDOVFKH 'DWHQ HQWKLHOWHQ VHL GHU :LUWVFKDIW VFKZHUVWHU6FKDGHQ]XJHIJWZRUGHQ 'DV$XVPHU]HQGHU)HKOHUKDEH]XODQJHJHGDXHUWMHGRFKVHLHVJUXQGVlW]OLFK P|JOLFK JHZHVHQ ,Q GHU =HLW LQ GHU GLH %DQGVWUDHQ XQG +RFK|IHQ DEJHVFKDOWHW ZDUHQVHLDEHUGHQHLQ]HOQHQ%HWULHEHQGHU:LUWVFKDIWDOOJHPHLQXQGGHUDUEHLWHQGHQ %HY|ONHUXQJ LP EHVRQGHUHQ HLQ JUHLIEDUHU XQG H[DNW EH]LIIHUEDUHU 6FKDGHQ ]XJHIJW ZRUGHQGHUEHUHLWVGLH0LOOLDUGHQJUHQ]HEHUVFKULWWHQKDEH´ .LWDL ,VKLEDVKL VFKWWHOWH GHQ .RSI 'DV DOOHV ZDU QLFKW JHUDGH QHX XQG GHU .ULVHQVWDE WDJWH XQXQWHUEURFKHQ :lKUHQG GLH 7HFKQLNHU 3URJUDPPLHUHU XQG ,QJHQLHXUH YHUVXFKWHQ GLH ULHVLJH ELRSRVLWURQLVFKH $QODJH ZLHGHU XQWHU .RQWUROOH ]X EHNRPPHQ YHUVXFKWHQ 5KRGDQ $WODQ XQG LKUH +HOIHU GHQ *UXQG GHU 6W|UXQJHQ ]X HUIDKUHQ (U ODJ XQ]ZHLGHXWLJ EHL GHQ JHIDQJHQJHQRPPHQHQ 6LJDQHVHQ²DEHU YLHO PHKUZXWHQVLHQRFKQLFKW 'D]XNDPGDHLQHODXWORVH*HIDKUGURKWH ³9HUGDPPWH 6LJDQHVHQ´ IOXFKWH ,VKLEDVKL ZlKUHQG HU VLFK XQWHU GLH 'XVFKH VWHOOWH +HLHV XQG NDOWHV :DVVHU WURPPHOWH DEZHFKVHOQG JHJHQ VHLQHQ .|USHU $XV ZLQ]LJHQ 'VHQ ZXUGH ZRKOULHFKHQGHU 5HLQLJXQJVVFKDXP YHUVSUKW XQG ZHLFKH 5RERWHUDUPHPDVVLHUWHQVHLQHQ.|USHU0LWHLQHP5XFNGHQGHU$U]WXQG3V\FKRORJH GHXWOLFK ZDKUQDKP HUZDFKWH VHLQ .UHLVODXI *ROGHQ VFKLPPHUWH GHU =HOODNWLYDWRU DXI GHU%UXVWGHV0DQQHV /DQJVDP ]RJ VLFK ,VKLEDVKL DQ (U K|UWH ]XHUVW GLH 0XVLNVWFNH DQ GDQQ
'LH1DFKWGHU9XONDQH
M
$WODQ
PHOGHWH VLFK GLH DXWRPDWLVFKH .FKH XQG HU SURJUDPPLHUWH HLQ OHLFKWHV QlKUVWRIIUHLFKHV )UKVWFN (U EHVD HLQHQ KDJHUHQ VHKQLJHQ .|USHU GHU YRQ GHQ 6FKZLQJXQJHQGHV$NWLYDWRUVJHVXQGJHKDOWHQZXUGH 6FKOLHOLFKVDHUYRUGHP)UKVWFNVWLVFK(UZDUKHXWHDXVQDKPVZHLVHDOOHLQ VHLQH )UHXQGLQ DUEHLWHWH YRUEHUJHKHQG LQ HLQHU DQGHUHQ 6WDGW =ZLVFKHQ HLQ]HOQHQ 0XVLNVWFNHQ ZXUGHQ GLH QHXHVWHQ 1DFKULFKWHQ YHUOHVHQ NRPPHQWLHUW XQG PLW )LOPDXIQDKPHQGRNXPHQWLHUW ³ KHXWH DP QHXQ]HKQWHQ -XQL MlKUW VLFK ZLHGHU GHU 7DJ DQ GHP GLH 67$5'867 VWDUWHWH 7URW] GHV 8PVWDQGHV GD 7HUUD XQG GLH DQGHUHQ 3ODQHWHQ GHQ 1DWLRQDOIHLHUWDJEHJHKHQOlWGLH8QUXKHZHJHQ1$7+$1QLFKWQDFK:LUEULQJHQLP $QVFKOX DQ GLHVH 1DFKULFKWHQVHQGXQJ HLQHQ .RPPHQWDU YRQ 9DOOLH /LRQ EHU GDV 9HUVDJHQXQGGLH)ROJHQ´ bUJHUOLFKZLQNWH.LWDLDE ³:LVVHQ ZLU DOOHV VFKRQ´ NQXUUWH HU 'DFKWH HU DQ GLH QlFKVWHQ 6WXQGHQ XQG ZRP|JOLFKDXFKQlFKVWHQ7DJHGDQQVDQNVHLQH/DXQHDXIHLQHQDEVROXWHQ1XOOSXQNW DE 'LHVH 6LJDQHVHQ ZDUHQ HLQH $QVDPPOXQJ VSU|GHU 8QWHUVXFKXQJVREMHNWH VHOEVW IU 0LWJOLHGHU GHV 0XWDQWHQNRUSV 'D]X NDP LKU HLJHQWPOLFKHU (KUHQNRGH[ GHU YLHOOHLFKW]XYHUJOHLFKHQZDUPLWGHU$XIIDVVXQJGHU6DPXUDLV 'LH6DPXUDLV.LWDLVDKVLFKXPXQGGDFKWHGDUDQGDGLH(LQULFKWXQJVHLQHU :RKQXQJHEHQVRGHQDOWHQ7UDGLWLRQHQHQWVSUDFKZLHMHQHU .RGH[DXVIHUQHQ=HLWHQ :HLOHUPLWGHQSRVLWLYHQ6WU|PXQJHQGHU.XOWXUVHLQHU$KQHQDXIJHZDFKVHQZDUILHO LKP GLH +DXSWDXIJDEH LQQHUKDOE HLQHV VFKDUI XPULVVHQHQ %H]LUNHV ]X 1XU HU ZDU JHGDQNOLFK LQ GHU /DJH HLQ 3V\FKRYHUK|U GXUFK]XIKUHQ RKQH GLH 6LJDQHVHQ LQ GHQ )UHLWRG]XWUHLEHQ6LHZDUHQGD]XEHUHLWHLQH$UW+DUDNLUL]XYROO]LHKHQZHQQPDQVLH ]XVWDUNEHODVWHWH9HUEUHFKHUPLW(KUJHIKO²GDVZDUQLFKWV1HXHVDEHUDXFKQLFKWV ZRUEHU PDQ VLFK ]X IUHXHQ KDWWH 'DKHU UHVXOWLHUWH HLQ 7HLO VHLQHU VFKOHFKWHQ /DXQH 8QWHUEURFKHQ YRQ 0XVLN XQG 'XUFKVDJHQ DXV GHP 9LVLSKRQ EHHQGHWH HU VHLQ )UKVWFN]QGHWHVLFKHLQHQVFKZDU]HQ=LJDULOORDQXQGVFKOSIWHLQGLH-DFNH 'DQQ YHUOLH HU VHLQH :RKQXQJ LQ GHU GLH 5HLQLJXQJVURERWV ]X VXPPHQ EHJDQQHQ *HQDX LQ GHP $XJHQEOLFN DOV HU GDV +DXV YHUOLH XQG DXI GLH 5DPSH GHU 0DJQHWNLVVHQEDKQ]XJLQJVXPPWHGHU,QWHUNRPDXI 1LHPDQGPHOGHWHVLFK
7KXUW &DOY ZDU GUHLKXQGHUWYLHUXQGDFKW]LJ -DKUH DOW XQG LQ GLHVHQ 0LQXWHQ EHUHLWHWHHUVLFKDXIGHQ7RGYRU (U KDWWH HLQH JURH ZLFKWLJH $XIJDEH JHVWHOOW EHNRPPHQ 1LHPDQG DOV QXU HU NRQQWHGLHVH$XIJDEHEHZlOWLJHQ 1DFKDQIlQJOLFKHQ(UIROJHQDEHUKDWWHHUYHUVDJW 'LH $XIJDEH ZDU QLFKW JHO|VW ZRUGHQ (U KDWWH VHLQHQ )UHXQG XQG 3DUWQHU LQ *HIDKUJHEUDFKWDOVRKDWWHHUYHUVDJW (LQGHXWOLFKHV*HIKOLQVHLQHP,QQHUQVDJWHLKPGDHUGLH.RQVHTXHQ]HQ]X ]LHKHQKDEH(UPXWHVLFKHQWOHLEHQ $OVKDEHPDQLKPGLHVHQ7RGHVZXQVFKHLQJHSIODQ]WEHJDQQHU]XUHDJLHUHQ(U
'LH1DFKWGHU9XONDQH
M
$WODQ
KRE GHQ .RSI XQG VDK VLFK XP (LQH HLVNlOWH )XUFKW YRU GHP 7RG EHVFKOLFK LKQ DEHU GDV%HZXWVHLQQLFKWQXUVHOEVWHQWHKUW]XVHLQVRQGHUQDXFKVHLQHQ)UHXQG5ROXIHLQ GLHVHOEH/DJHJHEUDFKW]XKDEHQIROWHUWHLKQQRFKYLHOPHKU 1DWUOLFKEHIDQGHQVLHVLFKLP*HIlQJQLV 'D LQQHUKDOE GHV JLJDQWLVFKHQ .RPSOH[HV YRQ 1$7+$1 HLQH 0HQJH VLJDQHVLVFKHU:DUWXQJVWHFKQLNHU6W|UXQJVPHFKDQLNHUXQG3URJUDPPLHUHUOHEWHQJDE HV HLQH NOHLQH 6LHGOXQJ 6LH HQWKLHOW IU GLH KLHUKHU YHUSIODQ]WHQ $QJHK|ULJHQ VHLQHV 9RONHV MHGHQ QXU HUGHQNOLFKHQ /X[XV XQG ZDU ]XGHP VR DQJHOHJW GD HLQH UHLEXQJVORVH .RPPXQLNDWLRQ PLW GHQ WHUUDQLVFKHQ ³5LHVHQ´ P|JOLFK ZDU 'LH (LQULFKWXQJHQ GLHVHU 6LHGOXQJ KDOIHQ MHW]W GHQ 7HUUDQHUQ EHL GHQ SDXVHQORVHQ 9HUK|UHQ $EHUDXIZHOFKH:HLVHNRQQWHVLFKGHU]ZHLXQG]ZDQ]LJ=HQWLPHWHUJURH0DQQ VHOEVWXPEULQJHQ" (UZXWHHVQRFKQLFKW -HGHQIDOOV ZLUNWH HLQ :HJ DXI NHLQHQ )DOO (U NRQQWH QLFKW IOLHKHQ XQG VHLQH JHULQJH .|USHUJU|H DOV 9RUWHLO EHQXW]HQ (U ZDU HLQ =ZHUJ XQWHU =ZHUJHQ HLQ 6LJDQHVH XQWHU $QJHK|ULJHQ VHLQHV 9RONHV )U VLH ZLH IU LKQ JDOWHQ GLHVHOEHQ %HGLQJXQJHQ 8QG LQ VHLQHP )DOO ZDUHQ VLH KDUW XQG NRPSURPLORV (U ZDU HLQ *HIDQJHQHU GHU LQ NXU]HU =HLW GHV 9HUVDJHQV XQG 9HUEUHFKHQV EHUIKUW ZHUGHQ ZUGH (UVWDQGDXIXQGJLQJODQJVDPLQGLH7RLOHWWH'RUWVHW]WHHUVLFKDXIGHQ5DQG GHU%DGHZDQQHXQGODFKWHK\VWHULVFKDXI ³(VLVWXQJODXEOLFK´VDJWHHUXQGVFKWWHOWHGHQ.RSI $OOH %HJHLVWHUXQJ XQG /HLGHQVFKDIW ZDU YRQ LKP DEJHIDOOHQ ZLH HLQ 6WFN VFKPXW]LJH .OHLGXQJ 6HLQ 6HOEVWEHZXWVHLQ ZDU ELV LQV ,QQHUVWH HUVFKWWHUW (U NUPPWHVLFKQDFKYRUQXQGYHUEDUJGDV*HVLFKWLQGHQ+lQGHQ$EVFKHXXQG(NHOYRU VLFKVHOEVWXQGVHLQHPHLJHQHQ9HUVDJHQPDUWHUWHQLKQ ³8QJODXEOLFK´VW|KQWHHUDXI(VNODQJZLHGHU7RGHVVFKUHLHLQHV7LHUHV +LHUVDHUDP(QGHVHLQHV/HEHQV(VKDWWHGUHLKXQGHUWYLHUXQGDFKW]LJ-DKUH JHGDXHUWELVHUGHQ(QGSXQNWDOOHU9HUVXFKHHUUHLFKWH(UKRFNWHDP5DQGGHU:DQQH LQPLWWHQHLQHVOX[XUL|VJHNDFKHOWHQ%DGHV1LFKWVIHKOWHKLHUGDV'HVLJQRUGQHWHVLFK GHU)RUGHUXQJQDFKXQDXIIlOOLJHPVWLOHFKWHP/X[XVXQWHU8QGLQGLHVHP5DXPZUGH HU VWHUEHQ (U EHVD NHLQH (KUH PHKU²HU NRQQWH VLFK VHOEVW QLFKW PHKU LP 6SLHJHO EHWUDFKWHQ RKQH GD HU VHLQH $XJHQ YHUIOXFKWH GLH LKP GLHVHV QLFKWVZUGLJH %LOG ZLHGHUJDEHQ ³'DV(QGHLVWQLFKWIHUQ´IOVWHUWHHUXQGIKOWHGDVHLQ+DOVUDXKZDU6HLQH 6WLPPHNODQJJHSUHW(UDWPHWHVFKZHU³:HQQHVPLUJHOLQJW´ 6LH ZDUHQ YRQ $QJHK|ULJHQ GHU 1$7+$10DQQVFKDIWHQ JHIDQJHQJHQRPPHQ ZRUGHQ1LFKWQXUGDVLHYHUVDJWKDWWHQVRQGHUQDXFKQRFK0HQVFKHQLKUHVHLJHQHQ 9RONHVKDWWHQVLHJHVWHOOW²QDWUOLFKPLW+LOIHGLHVHU7HUUDQHU ³,FKPXPLFKXPEULQJHQGHQQLFKKDEHYHUVDJW´PXUPHOWH7KXUW (U VWDQG DXI XQG EOLFNWH PLW YHUVWlQGQLVORVHQ $XJHQ XP VLFK (U EHPHUNWH GLH YHUVFKLHGHQHQ 8WHQVLOLHQ GLH LP %DG YRUKDQGHQ ZDUHQ (U VXFKWH ODQJVDP XQG JUQGOLFKPLWGHU9HUELVVHQKHLWHLQHV0HQVFKHQGHUJHZRKQWZDUDXFKGLHNOHLQVWHQ (LQ]HOKHLWHQIUVHKUZLFKWLJ]XKDOWHQ(QGOLFKHQWGHFNWHHULQHLQHPJURHQ6FKUDQN DXV DEJHUXQGHWHQ *ODVIOlFKHQ PHKUHUH IDUELJH %DGHPlQWHO 7KXUW &D,Y EHZHJWH VLFK
'LH1DFKWGHU9XONDQH
M
$WODQ
VFKOHSSHQG |IIQHWH GHQ 6FKUDQN XQG ]RJ PLW VFKQHOOHQ %HZHJXQJHQ GLH *UWHO DXV GHQ 6FKODXIHQ GHU 0lQWHO (U VWHOOWH HLQHQ )X DXI GDV (QGH HLQHV RUDQJHIDUEHQHQ *UWHOV]RJKHIWLJGDUDQXQGVSDQQWHVHLQH0XVNHOQ'HU6WRIINQLUVFKWHSURWHVWLHUHQG DEHUHUULQLFKW ³'DUDQZHUGHLFKPLFKHUKlQJHQ´VDJWH&DOY 1XU GXUFK VHLQHQ 7RG NRQQWH HU VHLQ 9HUVDJHQ VKQHQ 'HU (KUHQNRGH[ GHV VLJDQHVLVFKHQ 9RONHV OLH QXU GLHVH /|VXQJ ]X :DU HU WRW GDQQ ZDU GLH NRVPLVFKH 2UGQXQJGHU'LQJHZLHGHUKHUJHVWHOOW %HGlFKWLJ NQSIWH HU ]ZHL .QRWHQ XQG YHUEDQG GLH GUHL 6WRIIVFKOlXFKH PLWHLQDQGHU (U KRE GHQ .RSI XQG VDK GLH LQWHJULHUWH %HIHVWLJXQJ GHV URWLHUHQGHQ $UPHVGHU%UDXVH7KXUW&DOYGHU&KHIGHU*UXSSHGHUVDERWLHUHQGHQ6LJDQHVHQVWLHJ DXIGHQ5DQGGHU:DQQHXQGVFKODQJIDFKPlQQLVFKHLQHQ6FKLIIHUNQRWHQLQGHQ6WRII PLW GHP HU GLH 6FKOLQJH DQ GHP PDVVLYHQ %JHO EHIHVWLJWH 'DQQ YHUNU]WH HU GLH 6FKOLQJHVFKlW]WHGLH(QWIHUQXQJDEXQGEOLHEVWHKHQ ³0|JH0D\JDQPLUYHUJHEHQ´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
3HUU\5KRGDQVWDUUWHGHQ$UNRQLGHQDQ ³'DV NDQQ LFK QLFKW JODXEHQ´ EHKDUUWH HU 6HLQH )LQJHU YROOIKUWHQ HLQH %HZHJXQJDOVVWUHLFKHHUHLQHQLPDJLQlUHQ.LQQEDUW ³2E GX HV JODXEHQ NDQQVW RGHU QLFKW 7HUUDQHU LQWHUHVVLHUW PLFK LP $XJHQEOLFN QLFKW´DQWZRUWHWH$WODQXQGEHXJWHVLFKYRU'DVZHLH+DDUILHOLQVHLQ*HVLFKW ³'LH0XWDQWHQKDEHQHLQH0HQJHKHUDXVJHIXQGHQ´VDJWH5KRGDQ ³'DV ZDV VLH KHUDXVIDQGHQ LVW YHUGDPPW ZHQLJ :LU N|QQHQ GDUDXV HUVHKHQ ZDVLQ1$7,,$1VDERWLHUWZXUGH$EHUQLFKWZDUXPHVJHVFKDK´ 'LH 6LJD*DQJVWHU ZDUHQ HUWDSSW ZRUGHQ 6RZHLW VR JXW (WZD DFKWXQGYLHU]LJ GHU NOHLQHQ 0HQVFKHQ IORKHQ GXUFK HLQHQ 7UDQVPLWWHU XQG HQW]RJHQ VLFK GHU )HVWQDKPH ,Q]ZLVFKHQ²QLFKW HLQPDO GHU VNHSWLVFKH &KHI GHU 8QLWHG 6WDUV 2UJDQLVDWLRQ $WODQ ]ZHLIHOWH HUQVWKDIW GDUDQ²EHIDQGHQ VLH VLFK XQHUNDQQW XQG XQHQWGHFNW ZLHGHU DXI 6LJD GHP 3ODQHWHQ GHU GLH 6LHGOHU DXI VHLQHU 2EHUIOlFKH VFKUXPSIHQOLH=ZHLGHUNOHLQHQ0HQVFKHQZDUHQJHIDQJHQJHQRPPHQZRUGHQXQG VHLW GLHVHP $XJHQEOLFN YHUVXFKWH PDQ PLW DOOHU .UDIW ]X HUIDKUHQ ZDV VLH GD]X JHWULHEHQKDWWHGLHWHUUDQLVFKH3ODQXQJYRQ:LUWVFKDIW,QQHQSROLWLNXQG/RJLVWLNGHUDUW ]XUXLQLHUHQ ³:LUPVVHQ*HGXOGKDEHQ$WODQ´EHKDUUWH5KRGDQ ³*HGXOG´ $WODQ H[SORGLHUWH ³*HGXOG LVW HLQ =HLFKHQ HLQHV UHLIHQ 9RONHV 0|JOLFKHUZHLVH VLQG GLH 7HUUDQHU LQ]ZLVFKHQ UHLIHU JHZRUGHQ $EHU LFK DOV $UNRQLGH
'LH1DFKWGHU9XONDQH
M
$WODQ
EHVLW]HJHQDXLQGLHVHP)DOONHLQH*HGXOG´ ³,PPHUKLQNDQQVWDXFKGXNHLQH:XQGHUZLUNHQ´VFKUlQNWH5KRGDQHLQ ³5LFKWLJ $EHU LFK NDQQ KDUW GXUFKJUHLIHQ ,FK KDEH GDV JHVDPWH 7HDP DXIJHIRUGHUW PLWVDPW GHQ 0XWDQWHQ XQG GHQ 6LJDQHVHQ KLHUKHU QDFK ,PSHULXP$OSKD ]XNRPPHQ´ 5KRGDQ QDJWH DQ VHLQHU 8QWHUOLSSH (U ZDU KHXWH QLFKW LQ GHU 6WLPPXQJ ]X JURHQ 7DWHQ RGHU VFKZXQJYROOHQ 8QWHUQHKPXQJHQ 'UDXHQ EHU GHU ULHVLJHQ +DXSWVWDGWKLQJHLQJUDXHU+RFKQHEHOGHUGLH6RQQHZLHHLQHQULHVLJHQVFKLOOHUQGHQ /HXFKWNUHLVHUVFKHLQHQOLH ³8QGLFKKDEHDXFKYHUVXFKW.LWDL,VKLEDVKLKLQ]X]X]LHKHQ$EHUHUPHOGHWHVLFK QLFKW,Q]ZLVFKHQZHLLFKGD5HJLQDOG%XOOLKQJHEHWHQKDWXQV]XKHOIHQ´ ³-DMD´ PXUPHOWH 5KRGDQ ³'LH JXWHQ DOWHQ 0XWDQWHQ 8QVHUH )UHXQGH XQG +HOIHU´ $WODQEOLFNWHLKQDQXQGVFKWWHOWHGHQ.RSI ³:DVLVWHLJHQWOLFKO|VPLWGLU"´IUDJWHHU ³,FK ELQ LQ HLQHU EHVLQQOLFKHQ 6WLPPXQJ´JDE5KRGDQ]XUFN(UZXWHJHQDX GDHUVLFKGHQ/X[XVGLHVHU6WLPPXQJQLFKWODQJHOHLVWHQNRQQWHDEHULP$XJHQEOLFN ZHFKVHOWHQ VHLQH *HGDQNHQ ]ZLVFKHQ GHU 9HUJDQJHQKHLW XQG GHU 9HUVLRQ GHU P|JOLFKHQ=XNXQIWKLQXQGKHU ³'DQQVHLVRQHWWXQGEHIUHLHGLFKP|JOLFKVWVFKQHOODXVOHW]WHUHU´HPSIDKOLKP GHU$UNRQLGHXQGODFKWH³,FKJODXEHPDQZDUWHWDXIXQV´ ³:DQQ EHL DOOHQ 6WHUQHQ GLHVHU *DOD[LV ZDUWHW PDQ HLJHQWOLFK QLFKW DXI XQV"´ ZROOWH5KRGDQZLVVHQ ³6HOWHQ)UHXQG3HUU\´VDJWH$WODQ 'UDXHQ IHLHUWHQ VLH GHQ 7DJ DQ GHP GLH 67$5'867 JHVWDUWHW ZDU 5KRGDQ KDWWHDVVLVWLHUWYRQ%XOO7LIIORUXQGHLQLJHQDQGHUHQ0lQQHUQ³GHUHUVWHQ6WXQGH´HLQH 5HGHJHKDOWHQHVZDUIDVWHLQH5HJLHUXQJVHUNOlUXQJ(UKlWWH)HKOHU]XJHJHEHQXQG YHUVXFKWHLQHQNODUHQ:HJLQGLH=XNXQIWDXI]X]HLJHQ 'LH OHW]WHQ :RFKHQ XQG 0RQDWH ZDUHQ IU LKQ XQG GLH $GPLQLVWUDWLRQ QLFKW JHUDGH HUIUHXOLFK JHZHVHQ 'XUFK GDV 9HUVDJHQ GHV 5LHVHQJHKLUQV 1$7+$1 ZDU GLH 6LWXDWLRQ XQEHUVLFKWOLFK JHZRUGHQ 'LH ]DKOORVHQ )HKOHU GLH DOOHURUWHQ DXIWDXFKWHQ DEHU QXU PLW HLQHP JLJDQWLVFKHQ $XIZDQG DQ PHQVFKOLFKHU ,QWHOOLJHQ] (LQVDW] YRQ XQDEKlQJLJHQ &RPSXWHUQ XQG *HOGPLWWHOQ EHKREHQ ZHUGHQ 'LH 1DFKZHKHQ GLHVHU EHUUDVFKHQGHQXQGWHLOZHLVHGXUFKDXVYHUZHJHQHQ$NWLRQHQEHNDPHQVLHQRFKKHXWH ]X VSUHQ ZR PDQ GDUDQJLQJ GLH )XQNWLRQ 1$7+$16 LQ DOOHQ 7HLOHQ XQG 3XQNWHQ ZLHGHUKHU]XVWHOOHQ (LQH JURH =DKO YRQ )LUPHQ XQG %HWULHEHQ ZHLJHUWH VLFK WURW] JHVFKORVVHQHU 9HUWUlJH GLH ³)XQGDPHQWSURJUDPPH´ 1$7+$16 ]X EHUQHKPHQ XQG LKUHQHLJHQHQ)HUWLJXQJVFRPSXWHUQXQGDOSKDQXPHULVFKHQ*HUlWHQHLQ]XVSHLVHQ'DV 0LWUDXHQXQGGLH9RUZUIHZDUHQEHUHFKWLJWXQGWUDIHQZLHPHLVWGLH)DOVFKHQ6RJDU KHXWH DP 1DWLRQDOIHLHUWDJ GHV 6RQQHQV\VWHPV EOLHEHQ GLH 9RUZUIH JHJHQ 5KRGDQ XQGVHLQH3ROLWLNHUQLFKWDXV ³,FK ZHL GD PDQ QXU VHOWHQ QLFKW DXI XQV ZDUWHW´ VDJWH 5KRGDQ (U PDFKWH GHQ (LQGUXFN HLQHV 0DQQHV GHU VLFK VFKLODQJVDP ]XP +DQGHOQ GXUFKUDQJ $WODQ VHLQHUVHLWVZDUWHWHDXIGHQ$XJHQEOLFNDQGHP5KRGDQHQWVFKORVVHQZDU(UVFKlW]WH GD HU QLFKW PHKU ODQJH ]X ZDUWHQ KDWWH (LQH JHZLVVH 6SDQQXQJ HUIOOWH GHQ $UNRQLGHQDOVHUUXKLJGDVDXQGVHLQHQ)UHXQGEHREDFKWHWH(UGHUGLH*HVFKLFKWH
'LH1DFKWGHU9XONDQH
M
$WODQ
GLHVHV 3ODQHWHQ ]X HLQHP JXWHQ 7HLO PLWHUOHEW XQG ]X ZLHGHUKROWHQ 0DOHQ VHOEVW HLQGHXWLJ EHHLQIOXW KDWWH ZXWH JHQDX ZHOFKH 0DVVH YRQ 9HUDQWZRUWXQJ DXI 5KRGDQV6FKXOWHUQODJ8QGZHQQPDQDOOH7LWHODOOH'HNRUDWLRQHQXQGDOOHH[HNXWLYHQ 0|JOLFKNHLWHQZHJVWULFKEHUOHJWHHULPVWLOOHQZDVEOHLEWGDQQEULJ" 1LFKWV DQGHUHV DOV HLQ 0DQQ HLQ 0HQVFK GHU YHUVXFKWH DXV DOOHP GDV %HVWP|JOLFKHKHUDXV]XKROHQ ,P VHOEHQ 0RPHQW VXPPWH QHEHQ 5KRGDQV (OOHQERJHQ GHU PlFKWLJH ,QWHUNRP DXI 5KRGDQGUFNWHHLQH7DVWHGUHKWHGHQ.RSIKHUXPXQGVDJWH ³+LHU5KRGDQ:DVJLEWHV"´ (UVDKSO|W]OLFK/HP\'DQJHUYRUVLFKGHQ&KHIGHU³*UXSSH1$7+$1´ ³$OVPHLQH0lQQHU7KXUW&DOYDEKROHQZROOWHQIDQGHQVLHLKQHUKlQJWLQVHLQHP %DGDXI´ 5KRGDQIUDJWHHQWVHW]W ³:LHELWWH"´ (V KDWWH VLFK DXV WDNWLVFKHQ *UQGHQ IU QRWZHQGLJ HUZLHVHQ GLH 6LJDQHVHQ DXFK DXI GHP WHUUDQLVFKHQ 0RQG ]X YHUK|UHQ GHQQ GRUW ZDU MD LKU 2SHUDWLRQVJHELHW 'LHEHLGHQ*UXSSHQ²GLH]ZHLIHVWJHQRPPHQHQ6LJD*DQJVWHUXQGGLH0XWHQWHQXQG 'DQJHUV &UHZDUEHLWHWHQ HLQPDO KLHU LQ 7HUUDQLD &LW\ GDQQ ZLHGHU LP ,QQHUQ 1$7K$16 'DQJHUV VFKPDOHV *HVLFKW ZXUGH YRQ GHU 2SWLN YHUJU|HUW XQG LQ WHUUD DQWKURSRJUDSKH 'LPHQVLRQHQ JHEUDFKW -HW]W VDK HV DXV DOV VSUHFKH HLQ QRUPDOJHZDFKVHQHU7HUUDQHU]X5KRGDQ1XUGLHJUQH)DUEHGHU+DXWZLUNWHH[RWLVFK ³:LU IDQGHQ LKQ DQ GUHL ]XVDPPHQJHNQRWHWHQ %DGHPDQWHOJUWHOQ DQ GHU $XWRPDWLN GHU %UDXVH KlQJHQ :LU VFKQLWWHQ LKQ DE XQG PDFKWHQ HLQH 6HULH YRQ /HEHQVUHWWXQJVYHUVXFKHQ´ $WODQNQXUUWHODXW ³8QGGHU(UIROJ"´ /HP\'DQJHUOlFKHOWHJDQ]NXU]XQGHUZLGHUWH ³(UOHEW(VZDUYHUGDPPWNQDSS(UEHJDQQJHUDGHYLROHWW]XZHUGHQ´ 5KRGDQ ZDUI $WODQ HLQHQ HQWJHLVWHUWHQ %OLFN ]X XQG IUDJWH LQ ]XUFNKDOWHQGHP 7RQIDOO ³:RVLQG6LHMHW]W2EHUVW'DQJHU"´ ³,Q ,PSHULXP$OSKD 8QG ZLU ZDUWHQ QDFK GHQ HUIROJUHLFKHQ :LHGHUEHOHEXQJVDNWLRQHQ DXI 6LH /RUGDGPLUDO $WODQ XQG DXI .LWDL ,VKLEDVKL ,FK KDEH GHQ(LQGUXFNZLUNRPPHQMHW]WUHLW5LHVHQVFKULWWHQYRUZlUWV´ ³+RIIHQWOLFK LQ HLQHU DXVVLFKWVUHLFKHQ 5LFKWXQJ´ HQWJHJQHWH GHU *URDGPLQLVWUDWRU XQG VWUHFNWH VHLQH +DQG QDFK GHLQ $XV.QRSI DXV ³:LU VLQG LQ NXU]HU=HLWEHL,KQHQ2EHUVW´ ³:LUZHUGHQXQVIUHXHQ6LHEHJUHQ]XGUIHQ´VFKORGHU6LJDQHVH 5KRGDQVFKDOWHWHGHQ,ULWHUNRPDXVXQGVHXI]WHWLHI 6HLQH(UIDKUXQJVDJWHLKPGDGLHVHV 3UREOHPZHLWDXVJU|HUH.UHLVH]LHKHQ ZUGHDOVVLHMHW]WDQQDKPHQ'DDEHUZLHGHUXP2EHUVW'DQJHUGLH8QWHUVXFKXQJHQ OHLWHWH ZDU HV VLFKHU GDHU VLFK PLW MHGHU )DVHU GDIU HLQVHW]HQ ZUGH GD MHGHU 0DNHO YRQ 6LJD DEJHZDVFKHQ ZXUGH (U VHOEVW ZDU KRFKGHNRULHUWHU 6LJDQHVH XQG PLOLWlULVFKHU &KHI GHU 6LJDQHVHQ7UXSSH DXI 4XLQWR&HQWHU GHP +DXSWTXDUWLHU GHU
'LH1DFKWGHU9XONDQH
M
$WODQ
8QLWHG6WDUV2UJDQLVDWLRQ1LHPDQGZDUPHKUGDUDQLQWHUHVVLHUWGLH*HKHLPQLVVHXP 1$7+$1XQGGLH6LJDQHVHQDXI]XNOlUHQDOV2EHUVW/HP\'DQJHU :HQQHUHLQHQ%OLFNDXVGHU.XSSHOZDUIGHUHQ0DWHULDOMHW]WQLFKWDEJHEOHQGHW ZDUVDKHUGLH+DOEHUGH 9RU LKP EUHLWHWH VLFK ZLH HLQ EHUVlWHV 6FKODFKWIHOG HLQ ZDKUKDIW ULHVLJHU 6FKUHLEWLVFK DXV 5HFKWV XQG OLQNV VHLQHU (OOERJHQ VWDQGHQ GLH $UEHLWVSXOWH YRQ XQDEKlQJLJHQ 0DVFKLQHQ YRQ &RPSXWHUQ DOVR GLH QLFKW DQ 1$7+$1 DQJHVFKORVVHQ ZDUHQ6LHDUEHLWHWHQXQXQWHUEURFKHQ6RZLHHUDXFK ³9HUGDPPWH6LJDQHVHQ³PXUPHOWHHU $XVJHUHFKQHW DP 1DWLRQDOIHLHUWDJ ZR QLFKW HLQPDO GLH 5RERWHU DUEHLWHWHQ GLH GLH *OHLWHU VlXEHUWHQ $EHU HU QDWUOLFK PXWH KLHU KRFNHQ XQG YHUVXFKHQ GLH 6DERWDJHWlWLJNHLW GHU NOHLQHQ 0lQQHU YRQ 6LJD DE]XIDQJHQ HKH ZHLWHUHV 8QKHLO JHVFKDK (U GUFNWH GHQ .QRSI ZDUWHWH ELV VLFK HLQ YHUWUDXWHV *HVLFKW ]HLJWH XQG PXUPHOWHLP7RQHLQHV]XP7RGYHUXUWHLOWHQ0DQQHV ³+DEHQ6LHQRFK.DIIHH"´ ³,FK KDEH QRFK .DIIHH´ JDE GDV 0lGFKHQ DXV GHU .DQWLQH ]XUFN ³:LHYLHO +HNWROLWHUVROOHQHVGLHVPDOVHLQ"´ ³6RYLHO 6LH WUDJHQ N|QQHQ 8QG HLQH .OLQLNSDFNXQJ =LJDUHWWHQ ZHQQ¶V EHOLHEW MD"´ ³6HKUZRKO,FKEHGDXUH6LHEHUHLWVXQXQWHUEURFKHQ´ (UVDJWHJULPPLJ ³'LH EHLGHQ HLQ]LJ SRVLWLYHQ $XVEOLFNH VLQG ,KUH $XJHQ XQG GLH IDUEHQSUlFKWLJH +DOEHUGH6LQG6LHEDOGEHLPLU"´ ³1LFKWXQJHUQ´HUZLGHUWHGDV0lGFKHQDXVGHU.DQWLQH (UZDQGWHVLFKZLHGHUVHLQHQ3UREOHPHQ]X $QVLFKZDUGLH6DFKHHLQIDFK(UKDWWHKLHUHWZD]ZHLWDXVHQG%lQGHUOLHJHQGLH QLFKWVDQGHUHVDOV.RSLHQGHU)XQGDLQHQWSURJUDPPHYRQDOOHQP|JOLFKHQ:HUNHQXQG )DEULNDWLRQVEHWULHEHQZDUHQ (LQ ]ZHLWHU ULHVLJHU 6WDSHO EHKHUEHUJWH GLH 2ULJLQDOElQGHU YRQ 1$7+$1 GLH HLJHQWOLFKGDV(UJHEQLVODQJHUELVLQV'HWDLOJHKHQGHUhEHUOHJXQJHQXQG9HUVXFKHGHU 7HFKQLNHUJUXSSHQGDUVWHOOHQVROOWHQ 'LH %lQGHU GHU GLYHUVHQ )LUPHQ ZDUHQ LQ]ZLVFKHQ YRQ ILUPHQHLJHQHQ 6SH]LDOLVWHQDXI)HKOHUXQWHUVXFKWXQGQHXSURJUDPPLHUWZRUGHQ1HXLQGLHVHQ7HLOHQ LQ GHQHQ GHU XQYHUJOHLFKOLFKH 1$7+$1 IHKOHUKDIW JHDUEHLWHW KDWWH 9HUJOLFK PDQ QXQ GLH 2ULJLQDOElQGHU PLW GHQ EHUDUEHLWHWHQ VWHOOWH VLFK DOV 'LIIHUHQ] HLQ )HKOHUEHWUDJ KHUDXV'LHVHU%HWUDJZXUGHQDFK%HGHXWXQJ:HUWLJNHLWXQG$XVVDJHHLQ]ZHLWHVPDO EHUSUIWXQGDQGLHHLQ]HOQHQH[WHUQHQ(OHPHQWHYRQ1$7+$1ZHLWHUJHJHEHQ $XI GLHVH $UW XQG :HLVH OLHHQ VLFK GLH EHWURIIHQHQ *HELHWH OHLFKW ILQGHQ 'LH $UEHLWZDUQLFKWVFKZHUDEHUHVZDUYLHO$UEHLW 8QGGDQXULPPHUHLQHEHVWLPPWH0HQJHYRQ3HUVRQHQDQHLQHUHLQ]LJHQ6WHOOH DUEHLWHQNRQQWHYHUVFKOLPPHUWHVLHKGHU=XVWDQG6FKOLHOLFKZROOWHPDQDOV(UJHEQLV
'LH1DFKWGHU9XONDQH
M
$WODQ
GLHVHUZDKQVLQQLJHQ)OXWYRQ$UEHLWHQDXFKH[DNWHNRUUHNWEHVFKULIWHWH%lQGHUIUGLH %DVLVSURJUDPPH KDEHQ GHQQ GLHVH %DQGVSXOHQ ZXUGHQ YRQ GHQ :HUNHQ XP WHXUHV *HOGEHL1$7+$1EHVWHOOW $OVR KDWWHQ GLH .lXIHURGHU EHVVHU 0LHWHU HLQHQ UHXHQ $QVSUXFK DXI KXQGHUWSUR]HQWLJH6LFKHUKHLW ³7HUUD ZLUG YRQ HLQLJHQ .DQQHQ .DIIHH XQG HLQHP LQIDUNWJHIlKUGHWHQ 3URJUDPPLHUHUJHUHWWHW:LHUHL]HQG8QGPLWEH]DKOWHQhEHUVWXQGHQ´ 6HLW7DJHQWUlXPWHHUYRQQLFKWVDQGHUHPDOVYRQHLQHP6GVHHVWUDQGDQGHP HUODJXQGVLFKVRQQWHZlKUHQGVLFKEHULKPGLH3DOPHQZLHJWHQ (VZUGHZHQLJVWHQVIUGLHQlFKVWHQ7DJHXQG:RFKHQHLQ7UDXPEOHLEHQ 'HU.DIIHHNDP(UURFKLKQVFKRQHKHGLH6FKOHXVHQWUDXIJOLWW ³:LHUHL]HQGYRQ,KQHQ0lGFKHQZLHKHLHQ6LHHLJHQWOLFK"´IUDJWHHU 6LHVWHOOWHGLH.DQQHDXIGDV3URJUDPPLHUSXOWXQGHUZLGHUWH ³,FK ZHL QLFKW HLQPDO ,KUHQ 1DPHQ 6SH]LDOLVW 8QG KLHU DXI /XQD NHQQHQ ZLU XQVIDVWDOOH:LUVLQGDOOHNUDWHUJHVFKlGLJW´ 0LWGXPSIHU6WLPPHHUNOlUWHHU ³,FKELQ1$7+$1JHVFKlGLJW´ 1DFKHLQHU:HLOHVDJWHHU³,FKKHLH$QGR*U\ILXVXQGVROOQDFKPHLQHU$UEHLW HLQH 1DFKULFKW DQ GLH 3UHVVH XQG DQ GLH )HUQVHKDQVWDOWHQ KHUDXVJHEHQ 6LH VROOWH QDWUOLFKYRU2SWLPLVPXVI|UPOLFKVWUDKOHQ´ ³9LHO *OFN´ VDJWH GDV 0lGFKHQ ³,FK NRPPH ZLHGHU XQG KHOIH ,KQHQ EHLP )OFKHQZHQQPHLQ'LHQVW]X(QGHLVW´ ³(LQYHUVWDQGHQ´ VDJWH HU XQG GUFNWH JOHLFK]HLWLJ DFKW .Q|SIH GHV 3XOWHV ³,FK VSHQGLHUH,KQHQHLQHQNDOWHQ.DIIHH ³+DEHLFKVHOEHU´HUZLGHUWHVLHXQGJLQJ (UQLFNWHLKUOlFKHOQG]XXQGZLGPHWHVLHKZLHGHUVHLQHU$UEHLW 8QXQWHUEURFKHQ NRQWUROOLHUWHQ XQG YHUJOLFKHQ GLH XQDEKlQJLJHQ 0DVFKLQHQ GLH PDQ LQ DOOHU (LOH KLHUKHU LQ GLH .XSSHO JHVFKDIIW KDWWH GLH VRQVW OHHU ZDU XQG IU DOOH P|JOLFKHQ 9HUDQVWDOWXQJHQ EHQXW]W ZXUGH 'LH %lQGHU DUEHLWHWHQ VLFK UXNNHQG XQG VFKQHOO GXUFK GLH $QODJH XQG SDXVHQORV ZXUGHQ )HKOHU HQWGHFNW EHVHLWLJW XQG UHJLVWULHUW 0LW HLQHU 0HKUIDFKOHLWXQJ ZDU GHU 0DQQ KLHU²XQG HLQ 7HLO VHLQHU 3UIJHUlWH²PLW1$7+$1VHOEVWYHUEXQGHQ ,PPHUGDQQZHQQHLQHQHXH.ROOHNWLRQYRQIHVWJHVWHOOWHQ)HKOHUQGLHVHQ5DXP YHUOLHKDWWHGHU3UIHUGHQ(LQGUXFNGDVLFK1$7+$1EHUVHLQHLJHQHV9HUVDJHQ ELWWHUVFKlPWH ³9HUGDPPWH6LJDQHVHQ´PXUPHOWH$QGR*U\ILXV 6HLQH 3UHVVHPHOGXQJ ZUGH EHL DOOHP JHZROOWHQ 2SWLPLVPXV VHKU ]XUFNKDOWHQGDXVIDOOHQPVVHQ
$OV5KRGDQXQG$WODQHLQWUDIHQZDUVFKRQIDVWDOOHVYRUEHL (V VFKLHQ DOV KDEH GHU 6HOEVWPRUGYHUVXFK DXV JHNUlQNWHP (KUJHIKO DOOH 6FKOHXVHQ JH|IIQHW :lKUHQG GDV 1$7+$17HDP XQWHU /HP\ 'DQJHU GLH EHLGHQ 0lQQHU LQ HLQ VFKQHOOHV KDUWHV 9HUK|U YHUZLFNHOWH XQG XQXQWHUEURFKHQ EHVFKlIWLJWH DUEHLWHWHQ]ZHLDQGHUH)DNWRUHQXQEHPHUNWPLW
'LH1DFKWGHU9XONDQH
M
$WODQ
6LHKDWWHQGLH9RU]JHDEVROXWVFKPHU]ORV]XVHLQXQGGDIUVHKUZLUNVDP +\SQRVXJJHVWLYH9HUK|UPHWKRGHQ 8QGWHUUDQLVFKH0XWDQWHQ ,VKLEDVKL KRE JUHQG GLH +DQG XQG GHXWHWH DXI ]ZHL OHHUH 6HVVHO LQ VHLQHU 1lKH (U OHJWH GLH )LQJHU DQ GLH /LSSHQ ]XP =HLFKHQ GD HU VLFK NRQ]HQWULHUWH XQG QLFKW DEJHOHQNW ZHUGHQ GXUIWH (U ZDU 6XJJHVWRU XQG EHVFKlIWLJWH VLFK JHUDGH GDPLW GHQEHLGHQ*HIDQJHQHQDXV]XUHGHQGD6HOEVWPRUGGLHHLQ]LJH/|VXQJZDU)ULKQ EHVWDQG GDV 3UREOHP 6HOEVWPRUG XQG IUHLZLOOLJH $XVNQIWH ]X JOHLFK EHGHXWHQGHQ %HJULIIHQ]XPDFKHQ $WODQXQG5KRGDQVHW]WHQVLFKXQGK|UWHQ]XSDWHQDXIQDKPHQWHLO (VNRPPW]XGHQHUVWHQNODUHQ$XVVDJHQVFKULHEHLQHUGHU0XWDQWHQDXIHLQHQ =HWWHOXQGVFKRELKQRKQHGLHEHLGHQ0lQQHUDQ]XVHKHQDXILKU3XOW 6LHDOOHEHIDQGHQVLFKLUJHQGZRLQ,PSHULXP$OSKD ,QGLHVHPJHKHLPHQXQGVFKZHU]XJlQJOLFKHQ9HUVWHFNGDVQXUGDQQJHIlKUGHW ZDUZHQQGHU3ODQHW7HUUD]HUEDUVWJDEHVYLHOH5lXPHYRQGHUHQ([LVWHQ]NDXPHLQ 0HQVFKHWZDVDKQWH+LHUZDUGLHJHKHLPHXQGHQHUJLHDXWDUNH%DVLVYRQGHUDXVGDV 6RQQHQV\VWHP EHUZDFKW XQG JHVFKW]W ZHUGHQ NRQQWH (LQH +|KOH JLJDQWLVFKHQ $XVPDHVHLQ/DE\ULQWKDXV6WROOHQXQG*lQJHQDXV'HSRWVXQG/DJHUQDXV%URV XQG :RKQEDXWHQ *UR]JLJ JHEDXW XQG PLW JHQDX MHQHU 0HQJH XQDXIGULQJOLFKHU %HTXHPOLFKNHLW DXVJHUVWHW GLH 0HQVFKHQ EUDXFKWHQ XP VLFK VLFKHU XQG XQJHVW|UW JHZLVVHQ %HVFKlIWLJXQJHQ KLQJHEHQ ]X N|QQHQ ,UJHQGZR KDWWH QDWUOLFK EHL GHU .RQ]HSWLRQ GLHVHV %DXZHUNV LQ GLH 7LHIH GHU NLQGOLFKH XQG DUFKHW\SLVFKH :XQVFK GRNXPHQWLHUWLP6FKXW]GHU+|KOHGHV9HUVWHFNV]XOHEHQXQG]XDUEHLWHQ 'DQNHVFKULHE5KRGDQXQGVFKREGHQ=HWWHO]XUFN 6LHDOOHYHUIROJWHQGDV9HUK|UEHUHLQHQ%LOGVFKLUP 'LH YLHU 6LJDQHVHQ YHUK|UWHQ GLH ]ZHL *HIDQJHQHQ 7KXUW &DOY VFKLHQ VLFK JXW HUKROW ]XKDEHQ DEHU HU VWDQGVLFKWOLFK XQWHU HLQHP VFKZHUHQ 6FKRFN (U KDWWH DEJHVFKORVVHQJHKDEWXQGIDQGVLFKMHW]WOHEHQGZLHGHU )DVW DOOH 0XWDQWHQ GHV .RUSV ZXUGHQ HLQJHVHW]W ]XYLHO VWDQG DXI GHP 6SLHO 5KRGDQV *HGDQNHQ ZDUHQ QLFKWPHKUOlQJHULQGHU9HUJDQJHQKHLWVRQGHUQGXUFKDXV SUlVHQWXQGSUREOHPRULHQWLHUW ³$OOH6SXUHQ´PXUPHOWHHLQHUGHU0XWDQWHQ /HP\ 'DQJHU XQG VHLQH GUHL 3DUWQHU IUDJWHQ XQXQWHUEURFKHQ %HHLQIOXW GXUFK GLHPLOGH6WUDKOXQJGHU+\SQRVXJJHVWRUHQVDJWHQGLHEHLGHQ6LJD*DQJVWHUDXV$EHU HV ]HLJWH VLFK HLQ HLJHQWPOLFKHU (IIHNW 6LH VDJWHQ QLFKWV ZHQQ QLFKW GDQDFK JHIUDJW ZXUGH9RQVLFKDXVIKUWHQVLHQLFKWVDXVJDEHQNHLQH+LQZHLVH ³ VFKHLQHQ QDFK 6LJD ]X IKUHQ´ YROOHQGHWH HLQ DQGHUHU 0XWDQW (V ZDU YLHOOHLFKW,VKLEDVKL ³:LHQLFKWDQGHUV]XHUZDUWHQ´VDJWH$WODQOHLVHXPQLFKW]XVW|UHQ6LHZDUHQ EHLGHQXUSDVVLYH=XVFKDXHUGHQHQQDFK$EVFKOXGHU$NWLRQEHVWLPPWH+DQGOXQJHQ EULJEOLHEHQ 6LH PXWHQ HQWVFKHLGHQ ZDV JHVFKHKHQ VROOWH 6LH ZUGHQ HYHQWXHOO HLQHQ (LQVDW] DQRUGQHQ XQG GLH QRWZHQGLJHQ 9RUDXVVHW]XQJHQ GDIU LQ GLH :HJH OHLWHQ :lKUHQG 'DQJHU GLH +LQWHUJUQGH GHU 9HUEUHFKHQ ]X NOlUHQ YHUVXFKWH IDKQGHWHQGLH0XWDQWHQLP9HUERUJHQHQ 6LHXQWHUVXFKWHQGLH$XVVDJHQDXILKUHQ:DKUKHLWVJHKDOW
'LH1DFKWGHU9XONDQH
M
$WODQ
6LH IDQGHQ LQGHP VLH GLH *HGDQNHQ PLWODVHQ HLQ]HOQH %HJULIIH 'LHVH 6FKODJZ|UWHUPXWHQVSlWHUVLQQYROOHLQJHVHW]WXQGDXVJHZHUWHWZHUGHQ :DVZDU³8OWUD.KRRQ´" :DVEHGHXWHW³7R\NLVFKH:LOGQLV´" :LHNDPGHUVLJDQHVLVFKH(KUHQNRGH[LQV%LOG" %LVKHUZDUGDV9HUK|UQXULQHLQHPHQJXPJUHQ]WHQ%HUHLFKZLUNVDPJHZRUGHQ XQGKDWWHHFKWH(UJHEQLVVHJH]HLJW0DQZXWHMHW]WJDQ]JHQDXZLHMHPDQGYRQGHU JHULQJHQ N|USHUOLFKHQ *U|H HLQHV 6LJDQHVHQ HLQHQ 0HFKDQLVPXV ZLH 1$7+$1 ODKPOHJHQXQGPLW)HKOUHDNWLRQHQXQG)HKOVFKDOWXQJHQDXVVWDWWHQNRQQWH'DPDQGLHV ZXWH NRQQWHQ IU GLH =XNXQIW $EZHKUPDQDKPHQ JHWURIIHQ ZHUGHQ GLH KXQGHUWSUR]HQWLJZLUNVDPZDUHQ 'HU]ZHLWH7HLOEHVFKlIWLJWHVLFKPLWGHQ+LQWHUJUQGHQGHU7DW 6FKRQEDOGNDPHQ9HUK|UHQGHXQGIRUVFKHQGH0XWDQWHQ]XU(LQVLFKWGDHLQH *HUDGHQDFK6LJDGHXWHWH'LUHNWRKQHMHGHQ8PZHJ$XHUGHPZDUHQGLHVHEHLGHQ 6LJDQHVHQ HLQHU ODQJIULVWLJHQ 6SH]LDOVFKXOXQJ DXI K\SQRWLVFKHU %DVLV XQWHU]RJHQ ZRUGHQ $WODQPXUPHOWH ³$XFKGDVQRFK$XVJHUHFKQHWDXI6LJDHLQH9HUEUHFKHUEDQGHGLHVLFKVROFKHU 0HWKRGHQEHGLHQW´ 'HXWOLFKZXUGHMHGHP%HREDFKWHUGDEHLGH6LJDQHVHQXQWHUHLQHP(KUEHJULII VWDQGHQGHUMHGHVEHNDQQWH0DEHUVWLHJ ³'DV LVW HLQH FKDUDNWHULVWLVFKH (LJHQVFKDIW HLQHV MHGHQ YRQ XQVHUHP 9RON´ HUNOlUWH&RUWR3DGLOORLQHLQHUNXU]HQ3DXVH 2EZRKO GLH EHLGHQ *HIDQJHQHQ QRFK LPPHU XQWHU GHU GDXHUQGHQ 1DFKZLUNXQJ HLQHU XQJHZ|KQOLFK VWDUNHQ +\SQRVH DQWZRUWHWHQ NRQQWHQ VLH VLFK JHJHQ GLHVHQ (KUHQNRGH[ QLFKW ZHKUHQ :DQQ LPPHU HLQHU GHU )UDJHQGHQ GLH (KUH GHV 9HUK|UWHQ DQWDVWHWHHUKLHOWHUHLQHVFKDUIH$QWZRUW0DQFKPDOZHLJHUWHQVLFK0D\JDQ5ROXIHXQG 7KXUW&DOYVRJDUHLQH$QWZRUW]XJHEHQ6LHVFKZLHJHQEHKDUUOLFKDEHUGLH0XWDQWHQ NRQQWHQGLH*HGDQNHQOHVHQXQGHUNHQQHQ $XFK GHU 8PVWDQG GD GLHVHU (KUEHJULII GD]X DXVJHQXW]W XQG SHUYHUWLHUW ZRUGHQ ZDU DXV GLHVHQ EHLGHQ 6LJDQHVHQ 9HUEUHFKHU ]X PDFKHQ GLH LQQHUKDOE 1$7+$16DUEHLWHWHQXQG7HUUDKDOEZHJVLQGHQ5XLQVWU]HQNRQQWHQlQGHUWHQLFKWV DQGHPIDWDOHQ8PVWDQG ³(LQHLJHQWPOLFKHU=ZLHVSDOW´VDJWH5KRGDQ (U VWXGLHUWH ZlKUHQG GDV 9HUK|U ZHLWHUJLQJ GLH 1LHGHUVFKULIWHQ GHU HLQ]HOQHQ 0XWDQWHQ XQG GHQ :RUWODXW GHV 9HUK|UV )UDJHQ XQG $QWZRUWHQ *HGDQNHQ XQG hEHUOHJXQJHQGDVDOOHVZDUKLHUYHUPHUNW 'LH$XVVDJHQZDUHQELVKHU]|JHUQGXQGZLGHUVWUHEHQGJHNRPPHQ $EHU DOV VRZRKO GLH K\SQRVXJJHVWLYH 6WUDKOXQJ GHU 0DVFKLQHQ HLQH JHUDXPH :HLOH ODQJ JHZLUNW XQG DXFK GLH 0XWDQWHQ LKUH .UDIW JHQJHQG ODQJH XQG LQWHQVLY HLQJHVHW]W KDWWHQ ZXUGHQ GLH (UNOlUXQJHQ GLUHNW XQG H[DNW 'LH ZDFKVDPHQ XQG PLWUDXLVFKHQ 0XWDQWHQ VWXIWHQ VLH DOV HFKW XQG ZDKUKHLWVJHPl HLQ 'DV ZDU LPPHUKLQHLQGHXWOLFKHU9RUWHLOJHJHQEHUGHQ9HUVXFKHQGHUOHW]WHQ7DJH'HULQQHUH :LGHUVWDQG GHU QLFKW YRQ GHQ EHLGHQ *HIDQJHQHQ VHOEVW DXVJLQJ VRQGHUQ HLQ (UJHEQLVGHUVWDWWJHIXQGHQHQ+\SQRVHZDUVFKPRO]PHKUXQGPHKUGDKLQ ³8OWUD.KRRQ":DVLVWGDV"´
'LH1DFKWGHU9XONDQH
M
$WODQ
'LHQlFKVWHQGUHLLJ0LQXWHQPXWHQYRUEHUJHKHQHKHPDQLQGHU/DJHZDU HLQHHLQLJHUPDHQYHUQQIWLJH(UNOlUXQJ]XHUIDKUHQ 'HPQDFK ZDU 8OWUD.KRRQ GLH %H]HLFKQXQJ IU HLQHQ JDQ] EHVRQGHUHQ 7\SXV YRQ6LJDQHVHQ (LQ DXI GHP 3ODQHWHQ 6LJD JHERUHQHU 0HQVFK GHU XPZHOWDQJHSDW ZDU XQG RIIHQVLFKWOLFK EHU EHPHUNHQVZHUW JURH XQG HLQGUXFNVYROOH K\SQRVXJJHVWLYH %HHLQIOXVVXQJVIlKLJNHLWHQ YHUIJWH 0HKU NRQQWHQ VLH QLFKW HUIDKUHQ GHQQ PHKU ZXWHQ GLH EHLGHQ 6LJDQHVHQ DXFK QLFKW %H]LHKXQJVZHLVH ZDU GHU %ORFN XP LKUHQ 9HUVWDQGVRGLFKWXQGQLFKWGXUFKGULQJEDUGDZHGHU'DQJHUPLWVHLQHU&UHZQRFKGLH 0XWDQWHQPHKUHUIDKUHQNRQQWHQ $WODQGHUKRIIWHEDOG]XHQWVSUHFKHQGHQ(UJHEQLVVHQ]XNRPPHQZDQGWHVLFK DQ5KRGDQXQGVDJWH ³7HUUDQHU LFK JODXEH ZLU VROOWHQ HLQHQ )DFKPDQQ DXI 6LJD EHU GLHVHQ %HJULII EHIUDJHQ,FKVFKODJHYRU´ 5KRGDQ KRE DEZHKUHQG GLH +DQG XQG GHXWHWH DXI HLQH ZHLWHUH 0LWWHLOXQJ GLH HEHQDXIHLQHP%LOGVFKLUPHUVFKLHQ ³(V LVW Y|OOLJ NODU GD GLH 6LJD*DQJVWHU YRQ HLQHP VROFKHQ 0DQQ JHVFKXOW ZRUGHQ VLQG 8QWHU µ6FKXOXQJ¶ PX LQ GLHVHP )DOO HLQH %HHLQIOXVVXQJ YHUVWDQGHQ ZHUGHQ GLH XQWHU =ZDQJ VWDWWJHIXQGHQ KDW XQG HLQH :LUNVDPNHLW EHVLW]W GLH EHU GLH ELVKHULJHQ (UIDKUXQJVZHUWH ZHLW KLQDXVJHKW 8QWHU 8PVWlQGHQ UHDJLHUHQ DXFK 8PZHOWDQJHSDWH YRP 3ODQHWHQ 6LJD DXI K\SQRVXJJHVWLYH %HHLQIOXVVXQJ EHVRQGHUV VWDUN´ $WODQVDJWH ³(LQYHUVWDQGHQ:LUZLVVHQDOVRZDVJHVFKHKHQLVW6LJDLVWJUR:LUPVVHQ HUIDKUHQZRHVJHVFKHKHQLVWZRVLFKGLHVHU6XJJHVWRUDXIKlOW(VLVWZDKUVFKHLQOLFK GD HU HLQH JHKHLPH 2SHUDWLRQVEDVLV EHVLW]W XQG GRUW N|QQHQ lKQOLFKH 9HUEUHFKHQ YRUEHUHLWHWZHUGHQ :LUKDEHQVFKRQJHQJHQG9HUEUHFKHUGLHEHUKXQGHUWVHFK]LJ=HQWLPHWHUJUR VLQG :LU EUDXFKHQ QLFKW GD]X DXFK QRFK VROFKH GLH IQIXQG]ZDQ]LJ =HQWLPHWHU NOHLQ VLQGXQGZRP|JOLFKQRFKNOHLQHU´ /HP\'DQJHUPHOGHWHVLFK ³:LUKDEHQYHUVWDQGHQ/RUGDGPLUDO:LUWXQXQVHU%HVWHV´ $WODQQLFNWHLKPDXIPXQWHUQG]X 1DFKHLQLJHQZHLWHUHQ6WXQGHQVWDQGIHVWGDGHU%HJULII7R\NLVFKH:LOGQLVPLW GHP 2UW ]X WXQ KDWWH YRQ GHP DXV GLHVH EHLGHQ 0lQQHU PLW LKUHU UXQG DFKWXQGYLHU]LJN|SILJHQ8QWHUVWW]XQJJHVWDUWHWZRUGHQZDUHQ *HJHQ$EHQGEUDFKHQEHLGH6LJDQHVHQ]XVDPPHQ 'HU .DPSI GHU QXQ VFKRQ 7DJH GDXHUWH XQG DOOH %HWHLOLJWHQ PLW VWDUNHU 5HL]EDUNHLW HUIOOWH KLQWHUOLH QLFKW QXU EHL GHQ 0XWDQWHQ XQG 'DQJHUV 7HDP 6SXUHQ VRQGHUQ KDWWH DXFK GLH ]ZHL 0lQQHU DXI GLH VLFK ]DKOUHLFKH $QJULIIH NRQ]HQWULHUW KDWWHQ]XVDPPHQEUHFKHQODVVHQ 1RFKHLQHVZDU]XHUIDKUHQJHZHVHQHLQ%UXFKVWFNQXU 7R\NLVFKH :LOGQLV ZDU HLQ HLQGHXWLJ WHUUDQLVFKHU %HJULII -HPDQG ZXWH GDV JHQDX $WODQVWDQGDXIXQGVDJWHODXW ³6FKOX IU KHXWH XQG GHQ 5HVW HUOHGLJH LFK DOOHLQ :LU WUHIIHQ XQV PRUJHQ
'LH1DFKWGHU9XONDQH
M
$WODQ
ZLHGHUJHJHQ0LWWDJ'DQQGUIWHQZLUPHKUZLVVHQ´ ³(LQYHUVWDQGHQ´ 6LHYHUDEVFKLHGHWHQVLFKYRQHLQDQGHU5KRGDQXQG$WODQJLQJHQLQHLQHQ5DXP GHU IU VROFKH *HOHJHQKHLWHQ HLQJHULFKWHW ZDU $WODQ YHUODQJWH HLQH )XQNYHUELQGXQJ QDWUOLFK NRGLHUW PLW GHP WHUUDQLVFKHQ %RWVFKDIWHU DXI 6LJD 6LH EUDXFKWHQ QXU GUHL 0LQXWHQ]XZDUWHQGDQQKDWWHQVLH0\RQJ.DLWRDXIGHP%LOGVFKLUP 'LH%HJUXQJZDUVFKQHOOXQGIRUPORV$WODQNDPVRIRUW]XU6DFKH ³:LU KDEHQ KLHU HLQHQ %HJULII´ VDJWH HU ³GHU XQV HLQLJHV .RSI]HUEUHFKHQ EHUHLWHW:DVZLVVHQ6LH.DLWREHUHLQRGHUHLQHQ8OWUD.KRRQ"´ =ZHL 6HNXQGHQ hEHUOHJXQJ 'DQQ VDJWH GHU %RWVFKDIWHU GHU QLFKW QXU %RWVFKDIWHUZDUVRQGHUQDXFKQRFKHLQH0HQJHDQGHUHU9HUELQGXQJHQZDKUQDKP ³,FK ZHL HV QLFKW JHQDX $EHU QDFK PHLQHU $XIIDVVXQJ XQG GHQ 6WXGLHQ GHU *HVFKLFKWH6LJDVKDQGHOWHVVLFKXPHLQHQKLHU*HERUHQHQ(ULVWPLWXQZDKUVFKHLQOLFK VWDUNHQJHLVWLJHQ.UlIWHQDXVJHVWDWWHW,QDOWHQ6DJHQEH]HLFKQHWPDQHLQHQ=DXEHUHU RGHU0DJLHUPLWGLHVHP%HJULII ,FKJODXEHIHVWGDHVVLFKXPHLQHQ+\SQRVXJJHVWRUKDQGHOWGHQQGLH$QDO\VH GHU 6DJHQ OlW NDXP HLQHQ DQGHUHQ 6FKOX ]X +DEHQ 6LH YLHO bUJHU PLW GHQ EHLGHQ *HIDQJHQHQ"´ 5KRGDQODFKWHVDUNDVWLVFKXQGGDFKWHDQGLH0LOOLRQHQYHUOXVWHGHUWHUUDQLVFKHQ :LUWVFKDIW GLH QLFKW QXU DXI 7HUUD XQG GHQ DQGHUHQ 3ODQHWHQ VRQGHUQ DXFK DXI GHQ :HOWHQ DQGHUHU 6RQQHQV\VWHPH DUEHLWHWH²XQG GDQN GHU 6DERWDJH HLQH 0DVVH $XVVFKXSURGX]LHUWKDWWH ³(UKlOWVLFKLQ*UHQ]HQ´VDJWHHU³1RFKHWZDV:DVRGHUZRLVWGLH7R\NLVFKH :LOGQLV"´ 'LHVPDO EUDXFKWH .DLWR OlQJHUH =HLW XP ]X EHUOHJHQ 6FKOLHOLFK IKUWH HU VWRFNHQGDXV ³,FKNDQQQXU$QGHXWXQJHQEHUPLWOHOQ (LQGHXWLJ VWDPPW GLHVHU %HJULII DXV GHP 7HUUDQLVFKHQ (U LVW XUDOW VWDPPW YHUPXWOLFKDXVGHU=HLWDOVGLHHUVWHQ7HUUDQHUKLHUODQGHWHQXQGYHUEOIIWIHVWVWHOOWHQ GDGLHQlFKVWH*HQHUDWLRQEHWUlFKWOLFKNOHLQHUZFKVLJZDU´ 5KRGDQPXUPHOWH ³:HQQ GLHVHU (UNOlUXQJVYHUVXFK VWLPPW GDQQ PWHQ GLH H[DNWHQ 'DWHQ LQ GLHVHPYHUGDPPWHQ1$7+$1JHVSHLFKHUWVHLQ´ ³1RFK HWZDV´ ULHI .DLWR DXV ³0\VWRUD XQG 8OWUD.KRRQ ZHUGHQ PHLVW LQ 6DFK]XVDPPHQKDQJ JHEUDFKW 'HU 0DJLHU ZRKQW LQ GLHVHP JHKHLPQLVYROOHQ 5HLFK 0HKUNDQQLFK,KQHQQLFKWVDJHQXQGGDVEHGDXUHLFKVHKU´ $WODQYHUVLFKHUWHLKPJULPPLJ ³6LHZHUGHQYHUPXWOLFKQRFKPHKUEHGDXHUQPVVHQPHLQ)UHXQG'LH$NWLRQ GLHPHLQHU0HLQXQJQDFKLQ.U]HJHVWDUWHWZLUGKDWHLQGHXWLJ6LJD]XP=LHO8QGGDQQ EUDXFKHQZLUDOOH,KUH.UlIWH´ (UZLQNWHNXU] ³0LW9HUJQJHQ´VFKOR.DLWR 5KRGDQVFKDOWHWHGLH9HUELQGXQJDXV(UPHLQWHVDUNDVWLVFK ³8QGMHW]WZHUGHQZLU1$7+$1PLWGLHVHQ)UDJHQIWWHUQ,FKELQEHU]HXJWHU ZLUGXQVHLQ5H]HSWIUGLH+HUVWHOOXQJ YRQ1XQRXJDWSUDOLQHQ JHEHQGDVDXHUGHP QRFKIDOVFKH0HQJHQDQJDEHQHQWKlOW´
'LH1DFKWGHU9XONDQH
M
$WODQ
³8QGPLW]ZHL]|OOLJHQ6FKUDXEHQDOV*DUQLHUXQJ´VDJWH$WODQ 6LH MDJWHQ HLQHQ 7H[W KLQDXV VWRSSWHQ GLH $UEHLWHQ GHU 7HFKQLNHU XQG VWHOOWHQ LKUH )UDJHQ $OV VLH GLH (UNOlUXQJ ODVHQ VFKLHQHQ VLH EHVVHUHU /DXQH ]X VHLQ 'HU JLJDQWLVFKH &RPSXWHU LP 0RQGERGHQ ZXUGH ZLUNOLFK ZLHGHU QRUPDO 'DV ZDV HU DXVJHGUXFNW KDWWH NODQJ SODXVLEHO XQG ELOGHWH HLQ EUDXFKEDUHV 0RGHOO IU GHQ EHYRUVWHKHQGHQ(LQVDW] ³'XNDQQVWGHLQH(LQVDW]EHIHKOHJHEHQ$WODQ´VDJWH5KRGDQ ³1LFKW YRU PRUJHQ IUK´ YHUVLFKHUWH GHU $UNRQLGH ³+HXWH JHKH LFK QRFK QDFK $WODQ9LOODJHXQGDPVLHUHPLFK 5KRGDQVDKLKQNRSIVFKWWHOQGDQGDQQJULQVWHHU3O|W]OLFKEHVVHUWHVLFKVHLQH /DXQH /RUGDGPLUDO$WODQYHUNDQQWHGLH*U|HGLHVHV3UREOHPVNHLQHVIDOOV (UZXWHVHKUJHQDXGDVLHDOOHQXUGLH6SLW]HHLQHV(LVEHUJHVNHQQHQJHOHUQW KDWWHQ (LQH +DQGYROO GHU NOHLQHQ 0lQQHU YRQ 6LJD KDWWH GLH :LUWVFKDIW XQG GHQ ORJLVWLVFKHQ8QWHUEDXGHV,PSHULXPVQDFKKDOWLJVW|UHQN|QQHQ:DVYHUPRFKWHQGDQQ HUVW YLHOH 6LJDQHVHQ GHQHQ PDQ GDV 9HUEUHFKHQ EHIDKO" *HUDGH GDGXUFK GD GLH 8QLWHG 6WDUV 2UJDQLVDWLRQ EHL GHQ ULVNDQWHVWHQ (LQVlW]HQ LPPHU ZLHGHU 6SH]LDOLVWHQ DXV6LJDKHUDQ]RJXQGEHVFKlIWLJWHNRQQWH$WODQHUPHVVHQZHOFKH*HIDKULKQHQDOOHQ YRQMHGHPVDJHQXPZREHQHQ8OWUD.KRRQGURKWH'HUDXIJHGHFNWH$QVFKODJZUGHQXU HLQHUYRQYLHOHQVHLQXQGGLHVHV=LHOGHV*HKHLPQLVYROOHQZDUY|OOLJXQEHNDQQW 8QDEOlVVLJ KDWWH $WODQ LQ GHQ OHW]WHQ 6WXQGHQ *HVSUlFKH JHIKUW JHKHLPH 9HUELQGXQJHQEHQXW]WXQG)lGHQJH]RJHQ-HW]WPXWHHUKDQGHOQ 'LH6SXUIKUWHQDFK6LJD $OVRPXWHHUGLHVHU6SXUQDFKJHKHQ(VJDENHLQH$OWHUQDWLYH (U GUFNWH HLQH 7DVWH GHV PlFKWLJHQ ,QWHUNRPV XQG VDJWH DOV VLFK GDV 6HNUHWDULDWPHOGHWH ³/DVVHQ6LHHLQHVFKQHOOH6SDFH-HWDXVUVWHQ6LHVROO/HP\'DQJHUXQGVHLQH GUHL +HOIHU DXI VFKQHOOVWHP :HJ QDFK 6LJD EULQJHQ 'LH (LQULFKWXQJHQ IU GLH YLHU 6SH]LDOLVWHQPVVHQQDWUOLFKLQGHU-HWHQWKDOWHQVHLQ´ (KH HU VLFK PLW GHP PHKU DOV ]ZHLXQG]ZDQ]LJ =HQWLPHWHU JURHQ 2EHUVWHQ VHOEVW XQWHUKLHOW JULII HU QDFK GHU 1LHGHUVFKULIW GHU OHW]WHQ 9HUK|UH XQG QDFK GHQ 3URWRNROOHQGHU0XWDQWHQ =XVDPPHQPLWGHPYLHUN|SILJHQ9HUK|UWHDPGHU6LJDQHVHQKDWWHQVLHVlPWOLFKH 6SHUUHQEHVHLWLJHQN|QQHQ'LHEHLGHQ*HIDQJHQHQKDWWHQDXVJHVDJWZDVVLHZXWHQ EHVRQGHUV 7KXUW &DOY QDFK VHLQHP 6FKRFN GHQ VHLQ PLOXQJHQHU 6HOEVWPRUG DXVJHO|VW KDWWH 'LHVHU XQWHUEHZXW ZLUNVDPH 6XL]LGNRPSOH[ ZDU QXQPHKU EHVHLWLJW ZRUGHQ .LWDL ,VKLEDVKL EHVD DQ GLHVHU :LUNXQJ JURHQ $QWHLO 3DUDSV\FKLVFKH =ZDQJVHLQSIODQ]XQJ ZDU PLW GHQVHOEHQ 0HWKRGHQ EHVHLWLJW ZRUGHQ PDQ KDWWH QXQPHKU GLH *HZLKHLW GD GLH *UXSSH GHU 6LJD*DQJVWHU HLQHU ODQJIULVWLJHQ 6SH]LDOVFKXOXQJXQWHU]RJHQZRUGHQZDU ³'DV DOOHV ZLUG GDV 3UREOHP YRQ /HP\ 'DQJHU ZHUGHQ´ NQXUUWH GHU $UNRQLGH $EHUHUVHOEVWPXWHKLQWHUGHQ.XOLVVHQNUlIWLJPLWZLUNHQ(UOLHVLFKHLQH9HUELQGXQJ
'LH1DFKWGHU9XONDQH
M
$WODQ
]X 'DQJHUV 7HDP KHUVWHOOHQ XQG ZDUWHWH -HW]W ZUGH DOOHV 6FKODJ DXI 6FKODJ JHKHQ PVVHQ ³6LU"´PHOGHWHVLFK'DQJHU ³2EHUVW'DQJHU³VDJWH$WODQ³:LUKDEHQGLH3ODQXQJVRJXWZLHIHUWLJ0DFKHQ 6LH XQG ,KUH 6SH]LDOLVWHQ VLFK IHUWLJ QDFK 6LJD ]X IOLHJHQ ,FK N|QQWH PLU NDXP HLQHQ %HVVHUHQGHQNHQIUGLHVHQ(LQVDW]DOV6LH´ /HP\PXUPHOWH ³$OOH6SXUHQZHLVHQQDFK6LJDQLFKWZDKU"´ 6HLQ*HVLFKWZDUKDUWJHZRUGHQ$XFKHUXQWHUODJGHP'UXFNGHVVLJDQHVLVFKHQ (KUHQNRPSOH[HV(UPXWHRKQPlFKWLJPLWDQVHKHQZLH$QJHK|ULJHVHLQHV9RONHV]X NULPLQHOOHQ +DQGOXQJHQ JH]ZXQJHQ ZXUGHQ (U ZUGH GHQ 6FKXOGLJHQ ILQGHQ XQG EHVWUDIHQGDVKDWWHHUVLFKVHLW7DJHQJHVFKZRUHQ ³5LFKWLJ'RUWKLQZHLVHQDOOH6SXUHQ´VDJWH$WODQ³8QG6LHVROOWHQ,KUHVFKOHFKWH /DXQHQLFKWEHUVWUDSD]LHUHQ'D6LJDQHVHQ(KUHQPlQQHUVLQGZHLLQ]ZLVFKHQGLH KDOEH0LOFKVWUDH'LHZHQLJHQ$XVQDKPHQEHVWlWLJHQGLHVH5HJHO´ /DQJVDPEHUXKLJWHVLFK'DQJHU7URW]GHPILHEHUWHHUGHP$XJHQEOLFNHQWJHJHQ DQ GHP HU DXI 6LJD VHLQHP +HLPDWSODQHWHQ ODQGHQ ZUGH 'DQQ EHJDQQ VHLQH SHUV|QOLFKH -DJG DXI GHQ 9HUEUHFKHU :HU LPPHU VLFK XQWHU GLHVHP P\WKRORJLVFKHQ %HJULIIYHUEDUJ ³'DQNH6LU:DVKDEHQ6LHDXHUGHPQRFKDQJHUHJW"´IUDJWH/HP\ ³,FKKDEHGHQWHUUDQLVFKHQ%RWVFKDIWHUDXI6LJDYHUVWlQGLJW(UZLUGLQXQVHUHP 6LQQWlWLJZHUGHQ´ /HP\QLFNWHXQGSIOLFKWHWH$WODQEHL ³,FK NHQQH 0\RQJ .DLWR 'HU &KLQHVH LVW EHL IDVW DOOHQ $QJHK|ULJHQ PHLQHV 9RONHVKRFKDQJHVHKHQ(UKDWEHVWH9HUELQGXQJHQXQGZLUGXQVKHOIHQN|QQHQ´ ³(U KDW EHUHLWV HQWVSUHFKHQG UHDJLHUW´ VDJWH GHU /RUGDGPLUDO ³'DV ZlUH DOVR ,KUHHUVWH.RQWDNWVWHOOH´ ³9HUVWDQGHQ:DVZHLWHU"´ ³,FKKDEHQDWUOLFKDXFKGLH7ROHUDQ]WUXSSHYHUVWlQGLJ6LHZHUGHQDXI6LJDJXWH +HOIHUILQGHQ´ ³8QGKRIIHQWOLFKDXFKGHQ0DQQGHQZLUVXFKHQ´ $WODQXQG'DQJHUVDKHQVLFKLQGLH$XJHQ'DQQQLFNWHQVLHVLFK]X6LHNRQQWHQ VLFKGLH*U|HGHU$XIJDEHVHKUJHQDXYRUVWHOOHQ'DQJHUUXQ]HOWHGLHJUQH6WLUQXQG VDKHWZDVLP*HVLFKWGHV$UNRQLGHQGDVLKQQHXJLHULJPDFKWH ³,FKJODXEH6LHKDEHQQRFKHLQZHLWHUHV$VLPbUPHO"´IUDJWHHU ³'DV N|QQHQ 6LH JODXEHQ´ VDJWH $WODQ ³6LH ZHUGHQ UHFKW]HLWLJ HUIDKUH Q XP ZHOFKHV$VHVVLFKKDQGHOW6LHKDEHQDOOH8QWHUODJHQGLHJHVDPWH$XVUVWXQJLVWNODU XQGJHWHVWHW"´ ³-D´QDWUOLFK:LUVLQGHLQVDW]EHUHLW´ ³*XW ,FK KDEH HLQH -HW EHUHLWVWHOOHQ ODVVHQ GLH LQ HLQHU 6WXQGH PLW ,KQHQ QDFK 6LJDVWDUWHW$OOH,KUH=LHOHXQG$QIOXJSXQNWHVLQGJHQDXYHUPHUNW6LHZHUGHQHUZDUWHW ³ ³9RQ GHQ *HIDKUHQ GHU 7R\NLVFKHQ :LOGQLV´ VFKOR 'DQJHU XQG JUWH 'HU %LOGVFKLUPZXUGHGXQNHO 'HU $QJULII DXI 1$7+$1 ZDU DEJHVFKODJHQ ZRUGHQ (V KDWWH VLFK EHZHLVHQ ODVVHQGDHLQXQEHNDQQWHU9HUEUHFKHUYRQHLQHPXQEHNDQQWHQ2UWDXVGLHVH*UXSSH
'LH1DFKWGHU9XONDQH
M
$WODQ
LQ0DUVFKJHVHW]WKDWWH6HLQH%HHLQIOXVVXQJZDUWLHIJUHLIHQGJHZHVHQ:HQQ$WODQQXU DQ GLH 6FKZLHULJNHLWHQ GDFKWH µGLH DOOHLQ GLH %HVHLWLJXQJ GHU K\SQRVXJJHVWLYHQ 9HUVFKOXVSHUUH JHPDFKW KDWWH ELV GHU %HJULII7R\NLVFKH :LOGQLV DXIJHWDXFKW ZDU GDQQ NRQQWH HU VLFK HLQHQ GHXWOLFKHQ %HJULII YRP .|QQHQ PDFKHQ´ EHU GDV GHU 8QEHNDQQWHYHUIXJWH :LHKDWWH1$7+$1GHQ%HJULIIHUNOlUW GHU EHJULII VWDPPW XQ]ZHLIHOKDIW DXV GHU DOOHUHUVWHQ EHVLHGOXQJVHSRFKH GHV SODQHWHQVLJDXQGLVWYRQGHQDXVJHZDQGHUWHQWHUUDQHUQJHSUlJWZRUGHQKDQGHOWHV VLFK RIIHQNXQGLJ XP GHQ NOHLQVWHQ NRQWLQHQW GHV SODQHWHQ HLQHQ LQVHONRQWLQHQW PLW VWDUNHP YXONDQLVPXV GVFKXQJHOZlOGHU DQ GHQ UlQGHUQ MHGRFK LP ODQGHVLQQHUHQ YRQEHPHUNHQVZHUWHU|GHZVWHQDUWLJXQGPLWYHUHLQ]HOWHQWlWLJHQXQGVWLOOHQYXONDQHQ XQG HLQHP DXVJHGHKQWHQ XQWHULUGLVFKHQ 6\VWHP YRQ K|KOHQ XQG NDYHUQHQ GLH YXONDQHUDJHQDXVGHUZVWHQHEHQHDXIZLHGHNRULHUWHVSLW]NHJHOHLQZLOGHVODQJGDV YRQGHQWHUUDQLVFKHQVLHGOHUQJHPLHGHQZXUGHXQGQRFKPHKUYRQGHQQDFKIROJHQGHQ JHQHUDWLRQHQGLHGHPYHUNOHLQHUQGHQHIIHNWGHVSODQHWHQVLJDXQWHUODJHQ´ $WODQZXWHPHKU (VJDEGRUWHLQH6WDGWPLWGHP1DPHQ0\V]RUD'HU,QVHONRQWLQHQWKLH0\VWUR XQGVFKRQGLHVH.RPELQDWLRQPLWGHP%HJULII8OWUD.KRRQVFKLHQEHGHXWHQG]XVHLQ ³:LUZHUGHQHVKHUDXVILQGHQ8QG]ZDULQNXU]HU=HLW´NQXUUWHGHU$UNRQLGH(U NRQQWH VLFK GLH 6WLPPXQJ YRQ 2EHUVW /HP\ 'DQJHU JHUDGH]X SODVWLVFK YRUVWHOOHQ /HP\KDWWHVLFKVHLWGHPHUVWHQ.RQWDNWLQGLHVHU8QWHUQHKPXQJLQHLQH$UWZDQGHOQGH %RPEH YHUZDQGHOW LQ HLQH 0DVFKLQH GLH QXU QRFK GDUDXI ZDUWHWH GXUFK HLQHQ HLQGHXWLJHQ,PSXOVHLQJHVFKDOWHWXQGKDQGOXQJVIlKLJ]XZHUGHQ -HGHQIDOOV ZDU GDV HUVWH 7HDP XQWHUZHJV XP GHQ *HKHLPQLVYROOHQ DXI]XVSUHQ=ZDUEHNDPHQ'DQJHUXQGVHLQHGUHL)UHXQGHYRQDOOHQ6WHOOHQMHGHQXU GHQNEDUH8QWHUVWW]XQJDEHULQGHQHQWVFKHLGHQGHQ$XJHQEOLFNHQZDUHQVLHDXIVLHK DOOHLQJHVWHOOW
&DSWDLQ.DODVV2WULQRWEHXJWHVLFKEHUGLH.DUWHXQGIXKUPLWGHP=HLJHILQJHU GLHHLQ]HOQHQ/LQLHQQDFK ³'DVLVWZLUNOLFKHLQHWURVWORVH*HJHQG´VDJWHHU &RUWR3DGLOOREUXPPWHHLQVLOELJ ³-D´ 6FKRQMHW]W´LQLKUHPNOHLQHQ5HLFKLQQHUKDOEGHUGDKLQUDVHQGHQ-HW´EHUHLWHWHQ VLHVLFKDXIGLH6FKZLHULJNHLWHQYRU´GLHVLHXQ]ZHLIHOKDIWHUZDUWHWHQ6LHNDQQWHQ6LJD VRJXWZLHHLQ7HUUDQHU7HUUDNDQQWH$EHUVHOEVWYHUVWlQGOLFKZDULKU:LVVHQEHUMHQHQ HOIWDXVHQG4XDGUDWNLORPHWHUJURHQ.RQWLQHQW0\VWURGXUFKDXVDOOJHPHLQ ³:RODQGHQZLU"´HUNXQGLJWHVLFK3DGLOOR ³,Q3RUW6LJD´VDJWH/HP\'DQJHU³'RUWZHUGHQZLUHUZDUWHW´ (UVD]XUFNJHOHKQWLQVHLQHPZLQ]LJHQ6HVVHOLQGHPJURHQ$XIHQWKDOWVUDXP GHUNOHLQHQhEHUOHEHQVHLQKHLW´GLHLQHLQHU.DELQHGHU-HWXQWHUJHEUDFKWZDU'DLPPHU ZLHGHU6LJDQHVHQ]XGHQ(LQVlW]HQGHU862PLWJHQRPPHQZHUGHQPXWHQEHVDHQ YLHOH 6FKLIIH VSH]LHOOH (LQULFKWXQJHQ´ GLH DXI GLH .|USHUJU|H GHU JUQKlXWLJHQ 0HQVFKOHLQDEJHVWLPPWZDU0LNURLQVWDOODWHXU3DGLOORVWDQGDXIXQGVDK2EHUVW'DQJHU
'LH1DFKWGHU9XONDQH
M
$WODQ
EHUGLH6FKXOWHU(UODVGLHGHWDLOOLHUWHQ(LQVDW]EHIHKOHPLW ³3RUW6LJD²HQGOLFKHLQHYHUQQIWLJH6WDGW´VDJWHHU ³,Q GHU ZLU QXU JDQ] NXU]H =HLW EOHLEHQ ZHUGHQ´ HUZLGHUWH /HP\ 3RUW 6LJD GLH WHUUDQLVFKH +DQGHOVQLHGHUODVVXQJ ZDU HLQ KHUPHWLVFK DEJHVSHUUWHV *HOlQGH´ HLQ 'UHKSXQNW]ZLVFKHQGHQEHLGHQ*UXSSHQHLQHVHLQ]LJHQ9RONHVGLHVLFKQXUGXUFKGLH *U|H XQWHUVFKLHGHQ )U HLQHQ 6LJDQHVHQ ZDU HV GRUW DXHUKDOE GHU EHVRQGHUV JHNHQQ]HLFKQHWHQ :HJH XQG .DQlOH OHEHQVJHIlKUOLFK (V JDE HLQHQ NOHLQHQ 5DXPKDIHQ DXI GHP GLH /DQGXQJ HLQHV 6FKQHOOHQ .UHX]HUV DOV VlNXODUH 6HQVDWLRQ JDOW²GLH $QODJH HUODXEWH QRUPDOHUZHLVH QXU GLH /DQGXQJHQ YRQ %HLERRWHQ 'LH 6FKlGHQ EHL HLQHU VROFKHQ /DQGXQJ NRQQWHQ GHUDUW LPPHQV VHLQ´ GD HLQ JDQ]HU ³VLJDQHVLVFKHU´/DQGVWULFKDXVJHO|VFKWZXUGH ,PPHUKLQ KDWWH GLH -HW HLQHQ 5DXP YRQ HLQLJHQ .LORPHWHUQ 'XUFKPHVVHU ]XU 9HUIJXQJYLHUKXQGHUW4XDGUDWNLORPHWHU*HOlQGHJDOWHQDOVWHUUDQLVFKH(QNODYH'RUW JDEHVDXFKQRFKGLHIUVLJDQHVLVFKH9HUKlOWQLVVHJLJDQWLVFKHQ3IODQ]HQGLHYRQGHQ HUVWHQ6LHGOHUQPLWJHEUDFKWZXUGHQZDUHQ²%lXPHVRJURZLHDXI7HUUD ³8QGGDQQ"´ ³'DQQ´³ VDJWH 2EHUVW 'DQJHU PLW KHLVHUHU 6WLPPH XQG VDK QDFKHLQDQGHU VHLQH )UHXQGHDQ³ZHUGHQZLUGHQ*HKHLPQLVYROOHQVXFKHQ´ :WHQGVFKOXJ'DQJHUDXIGDV%ODWWXQGGUHKWHVLFKKDOEKHUXP ³'LHVHU $WODQ´ VW|KQWH HU DXI ³6HLQH *HKHLPQLVNUlPHUHL NDQQ DXFK HLQHQ 2SWLPLVWHQHUVFKUHFNHQ´ 'HU .\ERPDWKHORJLNHU ,PVFK 3\FR QDKP VHLQHQ %OLFN YRP %LOGVFKLUP´ GHU LKQ PLWGHP.RPPDQGRUDXPGHU-HWYHUEDQGXQGIUDJWH ³:DVLVWGHQQMHW]WVFKRQZLHGHUORV"´ ³'HUWHUUDQLVFKH%RWVFKDIWHULVW0LWJOLHGGHU6RODUHQ$EZHKU:XWHGDVMHPDQG YRQHXFK"´ULHI'DQJHU ³.HLQHVZHJV´JDE2WULQRW]X 'DV ZDU HLQ EHUUDVFKHQGHU $VSHNW :HQQ .DLWR EHL GHU 6RO$E ZDU´ GDQQ EHGHXWHWHGLHV´GDHULQDOOHVHLQJHZHLKWZDUXQGZRP|JOLFKPHKUZXWHDOVGLHYLHU )UHXQGH8QJHGXOGLJZDUWHWHQVLHDXIGLH/DQGXQJGHU-HWXQGDXIGLH(UNOlUXQJHQGLH GLHVHU 0DQQ DEJHEHQ ZUGH ,Q GHQ QlFKVWHQ 6WXQGHQ XQG 7DJHQ LQ GHQHQ GLH WHUUDQLVFKH (OLWHEHVDW]XQJ GLH -HW VR VFKQHOO ZLH P|JOLFK QDFK 6LJD IORJ²HLQLJH VFKZHUHUH 6FKLIIH PLW VSH]LHOOHQ =XVDW]DXVUVWXQJHQ IROJWHQ GHU 9RUDXVDEWHLOXQJ² EHVFKlIWLJWHQ VLFK GLH 6LJDQHVHQ XQXQWHUEURFKHQ PLW GHQ .DUWHQGHV *HOlQGHV´ PLW GHP GLFNHQ 6WDSHO GHU GUHLGLPHQVLRQDOHQ 5DXPSKRWRV PLW GHQ /HEHQVEHGLQJXQJHQ 0\VWRUDV 6LH FKHFNWHQ LKUH $XVUVWXQJ XQG XQWHUKLHOWHQ VLFK EHU GLH 1RWZHQGLJNHLWHQ´ GLHVHQ RGHU MHQHQ *HJHQVWDQG PLW]XQHKPHQ 6LH SUIWHQ DOOHV GXUFK XQG ZHQLJH 6WXQGHQYRUGHU/DQGXQJNRQQWH/HP\'DQJHUDXIDWPHQGVDJHQ ³,FKKDEHGHQ(LQGUXFN´GDZLUJHQDXZLVVHQ´ZDVZLUZLVVHQVROOWHQ,FKNDQQ PLUQLFKWYRUVWHOOHQ´GDHVGRUWDXI0\VWRUDHWZDVJLEW´GDVXQVEHUUDVFKW²K|FKVWHQV HLQVFKQHOOHU(UIROJ´ 3DGLOORQLFNWHPHKUPDOVXQGHUZLGHUWHSKOHJPDWLVFK ³.DXP´ ³9HUPXWOLFK´ ZDUI 2WULQRW HLQ ³HUJDEHQ GLH $XVIKUXQJHQ GHV %RWVFKDIWHUV ]XVlW]OLFKH +LQZHLVH :LU N|QQHQ VFKOLHOLFK QLFKW GHQ JHVDPWHQ ,QVHONRQWLQHQW
'LH1DFKWGHU9XONDQH
M
$WODQ
DEVXFKHQ´ /HP\KREGLH+DQGXQGEHJDQQDE]X]lKOHQ ³:LU ZHUGHQ YRQ HLQLJHQ 6FKLIIHQ GHU 862 XQWHUVWW]W GLH LP 5DXP EHU GHP .RQWLQHQW VWHKHQ XQG SDXVHQORV 2UWXQJHQ DXVIKUHQ :LU KDEHQ HLQHQ GLUHNWHQ .DQDO ]XGHQ5LHVHQGRUW´ ³$XFKJXW´NQXUUWH3DGLOOR ³:LUKDEHQGLH8QWHUVWW]XQJGHV%RWVFKDIWHUVGHU]XGHP6RO$E0DQQLVWXQG ZLUZHUGHQYRQGHU7ROHUDQ]WUXSSHXQWHUVWW]W8QGQRWIDOOVNDQQLFKDXFKQRFKHLQLJH GHU]XYHUOlVVLJHQ0lQQHUDXV3RUW6LJDDQKHXHUQ´ ³:LUGNDXPQ|WLJVHLQ´ 3\FRVWDUUWH3DGLOORDQXQGVFKWWHOWHGHQ.RSI ³1HLQ´PXUPHOWHHUXQGZLQNWHDE³'DVVFKDIIHQZLUJDQ]DOOHLQ´ 6FKOLHOLFKPHOGHWHVLFKGHU3LORWGHU-HWXQGVDJWHEHU,QWHUNRP ³'DV .RPPDQGR GHU =ZHUJH NDQQ VLFK ]XP $XVVFKOHXVHQ IHUWLJPDFKHQ $EHU YHUELHJWPLUQLFKWZLHGHUGLH/DQGHVWW]HQ³ /HP\QlKHUWHVHLQ.LQQGHQ0LNURSKRQHQXQGVFKULHHUERVW ³,FK NRPPH JOHLFK ]X ,KQHQ KLQDXI &DSWDLQ XQG GDQQ UHLH LFK ,KQHQ HLQ 2KU DE´ (LQJHZDOWLJHV*HOlFKWHUZDUGLH$QWZRUW
9RQ HLQHP HLQ]LJHQ $SIHO GHU DQ HLQHP GHU 7HUUD%lXPH ZXFKV NRQQWH HLQH GHUDUWLJ JURH 0HQJH $SIHOVFKQDSV KHUJHWHOOW ZHUGHQ GD VLFK HLQH JDQ]H VLJDQHVLVFKH6WDGWGDUDQKRIIQXQJVORVEHWULQNHQNRQQWH6RODXWHWHHLQHUGHUEHOLHEWHQ 6SUFKHPLWGHQHQGLH%HVDW]XQJGHUWHUUDQLVFKHQ(QNODYHLKUIUHXQGVFKDIWOLFKKHUEHV 9HUKlOWQLV]XGHQ³NOHLQHQ´6LJDQHVHQXPNOHLGHWH 'DEHLVWLPPWHGDVQLFKW *URH *HELHWH 6LJDV ZDUHQ YRQ HLQHU )ORUD EHGHFNW GLH HEHQVR JUR XQG PlFKWLJ ZDU ZLH GLH 7HUUDV (LQ *UDVKDOP NRQQWH DOVR HLQHP PLWWHOJURHQ 6LJDQHVHQ ELV DQ GLH 6FKXOWHUQ UHLFKHQ (LQ %DXP ZDU HLQ KRO]JHZRUGHQHU *LJDQWLVPXV XQG LQ GHQ =ZHLJHQ HLQHV 6WUDXFKHV YHULUUWH PDQ VLFK XQWHU 8PVWlQGHQ ZLH LQ HLQHP /DE\ULQWK $Q XQ]lKOLJHQ 6WHOOHQ DXI 6LJD PXWHQ VLFK DOVR GLH 6LJDQHVHQ GLH YRQ *HQHUDWLRQ ]X *HQHUDWLRQ NOHLQHU ZXUGHQ PLW GLHVHQ ³5LHVHQJHZlFKVHQ´ KHUXPVFKODJHQ6LHWDWHQGLHVPLWQLHHUPGHQGHP)OHL $XFKGLH)DXQDZDUVRZHLWVLHYRQGHU(UGHDEVWDPPWHJURJHEOLHEHQ:lUH HVHLQHP6LJDQHVHQJHOXQJHQHLQWHUUDQLVFKHV3RQ\]XUHLWHQVRKlWWHHUDXIGHVVHQ 5FNHQHLQ*URNUDIWZHUNTXHUGXUFKHLQHQ.RQWLQHQWVFKOHSSHQN|QQHQ $EHU QDWUOLFK ZDUHQ DXFK 7LHUH XQG 3IODQ]HQ PXWLHUW XQG NOHLQHU JHZRUGHQ GHQQVRQVWKlWWHMDGHUVS|WWLVFKH6SUXFKYRQGHP$SIHOVHLQHUHHOOH*OWLJNHLWJHKDEW =ZLVFKHQ GHQ VLJDQHVLVFKHQ +RFKKlXVHUQ²KXQGHUW 6WRFNZHUNH IU 0HQVFKHQ PLW HLQHU 'XUFKVFKQLWWVJU|H YRQ HWZD GUHLXQG]ZDQ]LJ =HQWLPHWHUQ HUJDEHQ EHUHLWV HLQH+|KHYRQUXQGIQI]LJ0HWHUQ²ZXFKVHQNOHLQHWHUUDQLVFKH%lXPHXQWHUGHQHQ JURH ³VLJDQHVLVFKH´ %lXPH VLFK DXVEUHLWHWHQ 6LH ZDUHQ EHUHLWV DXI VLJDQHVLVFKH :HLVH DQWKURSR]HQWULVFK DOVR HQWVSUDFKHQ LQ LKUHU *U|H GHQ 9RUVWHOOXQJHQ XQG GHQ EHQ|WLJWHQ (LQGUFNHQ GHU NOHLQHQ 0HQVFKOHLQ (V JDE QDWUOLFK IDVW DOOH
'LH1DFKWGHU9XONDQH
M
$WODQ
=ZLVFKHQIRUPHQ DEHU ]X HLQHP IHUQHQ =HLWSXQNW ZHQQ GLH ULHVLJHQ *HZlFKVH YRQ 7HUUD VHOEVW DXVJHVWRUEHQ ZDUHQ XQG VR ZLH GLH 6FKDFKWHOKDOPH XQG .RUGDLWV 7HUUDV IUKHU =HLW ZUGH HV DXI 6LJD QXU QRFK VLJDQHVLVFKH 3IODQ]HQ JHEHQ DOVR *UDV GDV WDWVlFKOLFKQLFKWK|KHUZDUDOVELV]XP.QLHHLQHV6LJDQHVHQXQGGDVDXFKVRZHLFK ZDU GD PDQ HV DOV 5DVHQ XQG QLFKW DOV %DPEXVVFKLOIZDOG EHWUDFKWHQ NRQQWH ,Q HLQLJHQ7HLOHQGLHVHUYHUEOIIHQGHQ:HOWKHUUVFKWHQEHUHLWVVROFKH9HUKlOWQLVVH -HGHQIDOOVZDU3RUW6LJDELVDXIZHQLJH$XVQDKPHQJDQ]XQGJDU³WHUUDQLVFK´ 'LH-HWODQGHWHEHKXWVDPDP5DQGGHV5DXPIHOGHVHLQ5RERWNUDQNDPKHUDQ DXI GHVVHQ 6FKZHEHSODWWIRUP GLH 6LJDQHVHQ YHUODGHQ ZXUGHQ =XVDPPHQ PLW HLQHP 0DQQ GHU -HW%HVDW]XQJ EHZHJWH VLFK GHU 5RERW LQ HLQ *HElXGH KLQHLQ GRUW GXUFK HLQHQ/LIWDXIZlUWVXQGEOLHEQHEHQHLQHP6FKUHLEWLVFKVWHKHQ /HP\GUHKWHVLFKXQGVFKULH ³7LHIHU³ 'LH 3ODWWIRUP VHQNWH VLFK VRZHLW GD GLH YLHU 6SH]LDOLVWHQ DXI GLH 6FKUHLEWLVFKSODWWH VSD]LHUHQ NRQQWHQ 6LH EOLHEHQ QHEHQHLQDQGHU VWHKHQ QDKPHQ +DOWXQJ DQ XQG JUWHQ NXU] 'DQQ VDKHQ VLH VLFK QDFK 6LW]JHOHJHQKHLWHQ XP XQG VHW]WHQVLFK ³:LOONRPPHQ ³ VDJWH GHU KDJHUH 0DQQ PLW GHQ PHODQFKROLVFKHQ VFKZDU]HQ $XJHQ GHVVHQ *HVLFKW VLFK NQDSS REHUKDOE GHU .|SIH VHLQHU *HVSUlFKVSDUWQHU EHIDQG ³6LH VLQG ]ZDU DXI ,KUHU +HLPDW DEHU XQWHU 8PVWlQGHQ GLH OHLGHU QLFKW ]X lQGHUQVLQG²IU6LHPXDOOHVYLHO]XJURVHLQ´ /HP\'DQJHUEHPHUNWHNKO ³,FKGHQNHZLUN|QQHQGXUFKDXVGLH%H]LHKXQJHQKHUVWHOOHQ,KU7HUUDQHUNRFKW DXFKQXUPLW:DVVHU´ ³5LFKWLJ ,FK PX ]XHUVW EHWRQHQ GD GLH $QNXQIW EHU PLFK QXU 6LH YLHU XQG PLFKEHWULIIW+DEHQ6LHPLWGHU-HW%HVDW]XQJGDUEHUJHVSURFKHQ"´ ³.HLQH=HLW´PDXOWH3DGLOOR³9LHO]XYLHO]XWXQ 'DV ZDU VDFKOLFK NRUUHNW XQG GHU %RWVFKDIWHU QLFNWH 6HLQ +DDU GDV LQ EUHLWHQ 6WUlKQHQEHUVHLQHQ1DFNHQKHUXQWHUKLQJEHZHJWHVLFK ³6LHNRPPHQYRPWHUUDQLVFKHQ0RQGXQGKDEHQGLH$NWLRQ1$7+$1HUIROJUHLFK EHHQGHW´ VDJWH 0\RQJ .DLWR (U VDK DXV ZLH HLQ +XQGHUWMlKULJHU XQG ZHQQ HU GHQ 0XQG|IIQHWHHQWKOOWHHUJURHZHLH=lKQH ³5LFKWLJ+LHUVROOGHUQlFKVWHXQGOHW]WH$NWVSLHOHQ´ ³+RIIHQWOLFK GHU OHW]WH´ VWLPPWH .DLWR ]X ³=XPDO GLH (UHLJQLVVH LQQHUKDOE 1$7+$16QLFKWGLHHLQ]LJHQLQGLHVHU5LFKWXQJVLQG´ 'DQJHUIXKU]XUFNDOVKDEHLKQHLQ%OHLVWLIWYRUGLH%UXVWJHWURIIHQ ³:LHELWWH"´IUDJWHHUlFK]HQG ³6LHKDEHQVLFKQLFKWYHUK|UW1$7+$1LVWNHLQ(LQ]HOIDOO6HLWHWZDHLQHPKDOEHQ -DKU EHVFKZHUHQ VLFK YLHOH KRFKTXDOLIL]LHUWH 0lQQHU XQG )UDXHQ EHU JHPHLQJHIlKUOLFKH )HKOHU LQ VLJDQHVLVFKHQ *HUlWHQ RGHU DQ 0DVFKLQHQ GHUHQ +DXSWEHVWDQGWHLOH %DXHOHPHQWH VLQG GLH KLHU DXI 6LJD KHUJHVWHOOW ZHUGHQ %HVRQGHUV EHWURIIHQLVWGLH)LUPD6&(&´ ³$XVJHUHFKQHW´ PXUPHOWH GHU 3RVLELPRGHOOLHUHU 3\FR ³%HULFKWHQ 6LH ELWWH ZDV SDVVLHUWH"´ 6LH K|UWHQ VFKZHLJHQG ]X 'HU WHUUDQLVFKH %RWVFKDIWHU HU]lKOWH LKQHQ HLQH HUVWDXQOLFKH*HVFKLFKWH
'LH1DFKWGHU9XONDQH
M
$WODQ
'LH YLHU 6SH]LDOLVWHQ ZDUHQ ]XQlFKVW YRP 8PVWDQG EHUUDVFKW JHZHVHQ GD GHU 9HUWUHWHU 7HUUDV DXI LKUHP +HLPDWSODQHWHQ HLQ $QJHK|ULJHU GHV *HKHLPGLHQVWHV ZDU ,KUH 9HUEOIIXQJ ZXFKV DOV VLH HUIXKUHQ GD DXFK GLH 0LNURJHUlWH GHUHQ 3Ul]LVLRQ WDWVlFKOLFK LQ JHZLVVHQ %H]LUNHQ GHU 0LOFKVWUDH VSULFKZ|UWOLFK ZDU YHUVDJW KDWWHQ 1LFKW HWZD DXV 0DWHULDOHUPGXQJ VRQGHUQ GHVZHJHQ ZHLO EHL GHU )HUWLJXQJ 6DERWDJHDXIJHWUHWHQZDU 6DERWDJHDXI6LJD:RKLQVROOWHGDVIKUHQ" /HP\'DQJHUIKOWHZLHGHUNDOWH=RUQGHULKQEHKHUUVFKWHLPPHUPHKUZXFKV 0\RQJ.DLWRZDUHLQHUMHQHUXQDXIIlOOLJHQ0lQQHUGLHPDQODQJHJHQXJNHQQHQ PXWH XP VLH HUVW ULFKWLJ VFKlW]HQ ]X OHUQHQ (U ZDU HLQ VRJHQDQQWHU ³0DQQ DXI GHQ GULWWHQ %OLFN´ (U JULII PLW EHLGHQ +lQGHQ LQ VHLQHQ 1DFNHQ XQG VFKRE GLH GXQNOHQ +DDUVWUlKQHQ QDFK KLQWHQ $OV HU GHQ .RSI GUHKWH VDK HU GXUFK GLH JURHQ )HQVWHU VHLQHV %URV IDVW ELV DQ GLH *UHQ]HQ GHV WHUUDQLVFKHQ $UHDOV KLQ UXQG IQI]HKQ ]X IQIXQG]ZDQ]LJ .LORPHWHU GXUFKPD GDV *HELHW GDV IU 6LJDQHVHQ YHUERWHQ ZDU²]X LKUHP HLJHQHQ 6FKXW] (LQH 0DXHU XPJDE GLHVH =RQH 1XU HLQ HLQ]LJHU (LQJDQJ ZDU GHQ 6LJDQHVHQ YRUEHKDOWHQ +LHU NRQQWHQ VLH VLFK DXI 5DPSHQ XQG XPODXIHQGHQ %UVWXQJHQOHLFKWXQGJHIDKUORVPLWGHUWHUUDQLVFKHQ%HVDW]XQJXQWHUKDOWHQ ³$WODQ LVW QDWUOLFK EHU DOOHV LQIRUPLHUW DEHU RIIHQVLFKWOLFK ]RJ HU HV YRU ]X VFKZHLJHQZLHPHLVW´VDJWH0\RQJ ³:DVLFKLQXQVHUHP)DOOQLFKWJDQ]YHUVWHKHQNDQQ´VDJWH/HP\'DQJHU 6LH EUDXFKWHQ NHLQH 9HUVWlUNHUDQODJH 'D VLH VLFK GLFKW YRU 0\RQJ EHIDQGHQ JDEHVNHLQHUOHL9HUVWlQGLJXQJVVFKZLHULJNHLWHQ ³'LH (QWZLFNOXQJ ZLUG VHLW HWZD HLQHP KDOEHQ -DKU EHREDFKWHW 1DWUOLFK HUIOOW XQVMHGHZHLWHUH1DFKULFKWPLWWLHIHU6RUJHGHQQZLUN|QQHQGLHVH)lOOHQLFKWPHKUIU QRUPDOH 0DWHULDOIHKOHU KDOWHQ VRQGHUQ VLQG JH]ZXQJHQ JHZHVHQ 6DERWDJH DQ]XQHKPHQ´ ³6FK|QHU6FKDGHQ´NQXUUWH3DGLOOR ³9RU DOOHP HLQ W|GOLFKHU 6FKDGHQ´ NRUULJLHUWH LKQ 0\RQJ ³7HUUDQLVFKH 5DXPVFKLIINRPPDQGDQWHQ KDEHQ VLFK LQ JHUDGH]X DXIIDOOHQGHU :HLVH YHUIORJHQ ZHLO GLH LQWHJULHUWHQ 6FKDOWXQJHQ XQG GLH ]XVDPPHQJHVHW]WHQ %DXWHLOH QLFKW PHKU RGHU QLFKWULFKWLJIXQNWLRQLHUWHQ´ ³:HULVWGDUDQVFKXOG":DVZHLPDQ"´HUNXQGLJWHVLFK3\FR ³:LUZLVVHQZHQLJ:LUN|QQHQQXUYHUPXWHQ´VDJWH0\RQJELWWHU³$EHUGDVVLQG QRFK GLH KDUPORVHQ )HKOHU XQG (QWZLFNOXQJHQ :HLO ZLFKWLJH *HUlWHYHUVDJWHQ EHNDPHQ DOOHURUWV GLH )RUVFKHU XQG :LVVHQVFKDIWOHU IDOVFKH (UJHEQLVVH 8QG EHL 2SHUDWLRQHQEHVRQGHUVVFKZHUHU$UWLVWHV]X]DKOUHLFKHQ7RGHVIlOOHQJHNRPPHQ8QV VLQG LQVJHVDPW GUHLLJ )lOOH EHNDQQW ZR GHU 3DWLHQW VWDUE²HEHQ ZHJHQ HLQHV XQ]XYHUOlVVLJIXQNWLRQLHUHQGHQRGHUDXVIDOOHQGHQVLJDQHVLVFKHQ*HUlWV´ ³*HUlWHYRQ6LJDORU&RPSXW([DFW&RPSDQ\"´IUDJWH3\FROHLVH ³(VLVWGHUDPPHLVWHQEHWURIIHQH%HWULHE´VDJWH0\RQJ ³1RUPDOHUZHLVH VLQG GLHVH *HUlWH XQG %DXWHLOH YRQ VSULFKZ|UWOLFKHU =XYHUOlVVLJNHLW GDV ZHL MHGHU YRQ XQV 6LH ZLVVHQ IHUQHU ]X ZLHYLHO 3UR]HQW GLH
'LH1DFKWGHU9XONDQH
M
$WODQ
([SRUWTXRWHYRQVROFKHQXQGlKQOLFKHQ7HLOHQDEKlQJW 0LNURJHUlWH GLHVHU $UW HUJDEHQ DXI ([SORUHUVFKLIIHQ²GHUHQ 0DQQVFKDIW LKUHUVHLWV NHLQH 0|JOLFKNHLW KDW HLQ *HUlW GXUFK HLQ K|KHU RUJDQLVLHUWHV ]X WHVWHQ² Y|OOLJIDOVFKH:HUWHXQGYHUIlOVFKWHQDXIGLHVH$UWXQG:HLVHZLFKWLJH)RUVFKXQJHQDXI IHUQHQ3ODQHWHQ(VNDP]X8QIDOOVHULHQDQYLHOHQ2UWHQXQG]XNOHLQHQ.DWDVWURSKHQ GLH QXU GHVZHJHQ QLFKW DXVDUWHWHQ ZHLO GLH MHZHLOLJHQ 0lQQHU VFKQHOO XQG EHVRQQHQ XQGRKQH0DVFKLQHQKLOIHUHDJLHUWHQ ,FK ELQ HLQHU GHU ZHQLJHQ 0lQQHU GLH GDUEHU JHQDXHVWHQV LQIRUPLHUW ZXUGHQ 'DVPXWHLFK,KQHQQDWUOLFK]XHUVWEHULFKWHQGDPLW6LH,KUH6FKOVVH]LHKHQN|QQHQ +DEHLFKUHFKW"´ .DODVV2WULQRWQLFNWHXQGVFKQLSSWHPLWGHQ)LQJHUQ ³:LUHUVHKHQGDUDXVZLHZLFKWLJXQVHU(LQVDW]LVW+DWGHU&KHIGHU6&(&HLQHQ 9HUGDFKWZHUKLQWHUDOOHPVWHFNHQN|QQWH"6LQG6DERWHXUHJHIDWZRUGHQ"´ 0\RQJHUZLGHUWHHUQVW ³)U&DSRFHQLVWHVXQIDEDUGD:HUNHVHLQHV.RQ]HUQVVROFKHVFKDGKDIWHQ %DXVWHLQH OLHIHUQ (U KDW GLH (QGNRQWUROOHQ YHUYLHUIDFKHQ ODVVHQ DEHU ZLU KDEHQ WDWVlFKOLFKNHLQHQHLQ]LJHQ6DERWHXUJHIDW´ ³6HKUEHGDXHUOLFK³ZDUI3DGLOORHLQ 'HU %RWVFKDIWHU GHU DOV HLQHU GHU EHVWHQ .HQQHU YRQ *HVFKLFKWH .XOWXU =LYLOLVDWLRQ XQG %HVRQGHUKHLWHQ GHV 3ODQHWHQ 6LJD JDOW QLFNWH ZLHGHU (U KDWWH OlQJVW DXV GHQ XQ]lKOLJHQ %HREDFKWXQJHQ XQG %HULFKWHQ VHLQH 6FKOVVH JH]RJHQ XQG YHUVFKLHGHQH 9HUIDKUHQ LQ GLH :HJH JHOHLWHW $XFK DKQWH HU ZLHYLHO QRFK DXI LKQ ]XNRPPHQZUGH'D]XNDPGDHUGLHVHV9|ONFKHQOLHEWHDXIVHLQHHLJHQHK|FKVW YHUVSRQQHQH$UW)ULKQZDUHVVFKRQVHLW0RQDWHQNODUGDGLHYLHOHQYHUVFKLHGHQHQ ³9HUVDJHU´ YRQ HLQHU 6WHOOH DXV ]HQWUDO JHOHQNW XQG LQLWLLHUW ZXUGHQ $OV HU YRQ GHQ *HVFKHKQLVVHQ XP 1$7+$1 HUIXKU ZDU VHLQ HUVWHU *HGDQNH GD DXFK GLHVHU .RPSOH[ ]X GHU :HOOH WHFKQLVFKHU 9HUEUHFKHQ JHK|UWH YRQ GHU 7HLOH GHU *DOD[LV EHU]RJHQZRUGHQZDUHQ /HP\'DQJHUHULQQHUWHVLFKDQLKU9RUKDEHQXQGVDJWH ³'HU QlFKVWH 3XQNW XQVHUHV (LQVDW]HV LVW HLQH %HVSUHFKXQJ PLW GHQ &KHIV GHU 7ROHUDQ]WUXSSH +DEHQ 6LH DXFK KLHU EHUHLWV JHZLVVH ´ HU VXFKWH QDFK HLQHP $XVGUXFN³6FKDOWXQJHQYRUJHQRPPHQ"´ (LQHULHVHQJURH+DQGVFKZHQNWHLQ'DQJHUV%OLFNIHOG6LHNDPYRQUHFKWVULHI HLQHQHQRUPHQ/XIW]XJKHUYRUXQGGDQQVWDUUWH'DQJHUDXIGLHJHZDOWLJHQ1lKWHHLQHV GLFNHQOHGHUQHQ$UPEDQGHV0\RQJEOLFNWHDXIVHLQH8KUXQGVDJWH ³6LHZHUGHQLQHLQHU6WXQGHHUZDUWHW%LWWHQHKPHQ6LH,KUH$XVUVWXQJPLW6LH VWDUWHQYHUPXWOLFKYRQHLQHP*HOlQGHQDKHGHU6LHEHQPLOOLRQHQVWDGW0\VWRUD´ 0\VWRUDZDUGLHHLQ]LJHEHGHXWHQGH$QVLHGOXQJGHV,QVHONRQWLQHQWV0\VWUR ³,QHLQHU6WXQGH:LUQHKPHQDOVRGLH)OXJSODWWIRUPELV]XP7RUGHU6LJDQHVHQ YRQ GRUW ZLUG XQV HLQ EHUHLWJHVWHOOWHU *OHLWHU LQV +DXSWTXDUWLHU GHU 7ROHUDQ]WUXSSH EULQJHQ³VWHOOWH2EHUVW'DQJHUIHVW ³6RKDEHLFKHVYHUDQODW´EHVWlWLJWH0\RQJ.DLWR ³9HUELQGOLFKHQ'DQN:LUKDEHQHLQHQ)XQNNDQDOGHUXQVPLWHLQHP8626FKLII EHU6LJDYHUELQGHW(LQ]ZHLWHULVWDXIHLQ*HUlWKLHUMXVWLHUW5LFKWLJ"´ 0\RQJ VFKRE VHLQHQ 2EHUN|USHU QDFK YRUQ XQG QlKHUWH VHLQ *HVLFKW GHQ .|USHUQGHUYLHU6LJDQHVHQ
'LH1DFKWGHU9XONDQH
M
$WODQ
³5LFKWLJ ,FK ELQ QRWIDOOV 7DJ XQG 1DFKW IU 6LH ]X HUUHLFKHQ 'HU )XQNNDQDO LVW IHVWJHVHW]W XQG HLQHU PHLQHU ]XYHUOlVVLJVWHQ 0LWDUEHLWHU VLW]W YRU GHP *HUlW 'DV JLOW ELV]XP$EVFKOXGHV8QWHUQHKPHQV:LHLPPHUHVDXFKHQGHW´ ³:HQQHVQDFKXQVJHKW+HUU%RWVFKDIWHU´VDJWH3DGLOORVFKDUI³GDQQHQGHWHV PLWGHU$XIVSUXQJGHV9HUEUHFKHUVLQGHU7R\NLVFKHQ:LOGQLV´ 2EHUVW 'DQJHU GUHKWH VLFK XP XQG JLQJ ]XUFN DXI GLH 3ODWWIRUP GHV DXWRPDWLVFKHQ *OHLWHUV +RIIHQWOLFK IXKU HV /HP\ GXUFK GHQ 6LQQ VLQG GLH KLHULQ YHUZHQGHWHQ 6FKDOWXQJHQ XQG %DXEO|FNH VFKRQ lOWHU DOV VHFKV 0RQDWH VRQVW HUUHLFKHQ ZLU GHQ $XVJDQJ GHU (QNODYH QLFKW OHEHQG (U VHW]WH VLFK DXI HLQHQ +DXIHQ $XVUVWXQJVJHJHQVWlQGHXQG]RJGDV0LNURSKRQGHV%HIHKOVJHEHUVDQVLFKKHUDQ (U ZDUWHWH ELV VHLQH GUHL )UHXQGH QHEHQ LKP VDHQ GDQQ VWDQG HU ZLHGHU DXI XQGYHUDEVFKLHGHWHVLFKYRP%RWVFKDIWHU ³:LU EOHLEHQ LQ 9HUELQGXQJLFK ZHUGH YRQ GHQ 6SLW]HQPlQQHUQ GHU 7ROHUDQ]WUXSSH GLUHNW YHUVWlQGLJW´ VDJWH 0\RQJ XQG OlFKHOWH DOV RE HU XP (QWVFKXOGLJXQJElWH³:LUKDEHQHLQHQ,QWHUHVVHQNOXEIU1RWIlOOHJHJUQGHW´ ³,FK ELQ EHU]HXJW GD GHU .UHLV GLHVHU 3HUVRQHQ ]LHPOLFK NOHLQ LVW´ PHLQWH 2WULQRW 0\RQJ.DLWROlFKHOWHEUHLW ³6LH KDEHQ Y|OOLJ UHFKW &DSWDLQ ,FK ZQVFKH XQV DOOHQ YLHO *OFN XQG HLQHQ VFKQHOOHQ(UIROJ´ (UKREJUHQGGLH+DQGDOVGHU5RERWJOHLWHUVLFKHQWIHUQWH 'LH YLHU 6LJDQHVHQ YHUOLHHQ GHQ 5DXP EHZHJWHQ VLFK GXUFK GHQ /LIWVFKDFKW QDFO XQWHQ XQG HQWGHFNWHQ VFKOLHOLFK HLQ GHXWOLFKHV +LQZHLVVFKLOG GDV LKQHQ GHQ :HJ ]X HLQHP ³.RUULGRU´ ZLHV 6LH VFKOSIWHQ LQ GLHVHQ 7HLO GHV LQQHUVWlGWLVFKHQ 9HUNHKUVQHW]HV XQG EHUOLHHQ GLH 6WHXHUXQJ GHP $XWRPDWHQ GHU VLFK QDFK GHQ /HLWVLJQDOHQ ULFKWHWH 'LH )DKUW JLQJ VRZRKO GXUFK *HElXGH XQG EHU NOHLQH 5DPSHQ DOVDXFKGXUFKGLHRIIHQH/DQGVFKDIW 6LJDV6RQQH*ODGRUV6WHUQVWDQGLP1DFKPLWWDJ 5XQG KHUXP HUVWUHFNWHQ VLFK GLH WHUUDQLVFKHQ 5LHVHQJHZlFKVH 'DV *UQ GHV 5DVHQV VWUDKOWH DXIIlOOLJ LQ GHQ VFKUlJHQ 6RQQHQVWUDKOHQ 'LH +DOPH ZDUHQ KDUW XQG NUlIWLJ GLH 3IODQ]HQ KDWWHQ VLFK GHU 2EHUIOlFKHQ VFKZHUH EHVFKOHXQLJXQJ YRQ HWZDV PHKUDOVHOI=HKQWHODQJHSDW'LHHLQ]LJEHZRKQEDUH:HOWGLHVHV6\VWHPVZDUDXFK ZHQQPDQGLH2EHUIOlFKH6LJDVQLFKWPLWGHQ$XJHQHLQHV0HQVFKHQEHWUDFKWHWHGHU KLHU JHERUHQ ZDU VHKU VFK|Q (LQH DXVJHJOLFKHQH )RUPDWLRQ HUVWUHFNWH VLFK ELV ]XP +RUL]RQW+JHOXQGVDQIWH7lOHUDEJHWUDJHQH%HUJHXQG0RUlQHQ ³(VLVW]XP:HLQHQ´HUNOlUWH3DGLOOR ³:DUXP"´ (UGHXWHWHPLWHLQHUNQDSSHQ*HVWHDXIGLH/DQGVFKDIW (LQ VROFK VFK|QHU 3ODQHW 6LJD LFK OLHEH PHLQH +HLPDW $EHU ZLU KDEHQ HV QLFKW JHVFKDIIW GLH 7R\NLVFKH :LOGQLV VRZRKO LQ GHU 7DW DOV DXFK JHLVWLJ ]X URGHQ ,UJHQGZR KRFNW HLQ 0DJLHUMHQHU 8OWUD.KRRQ (U YHUJLIWHW GDV 9RON XQG VFKLFNW VHLQH :HUN]HXJHDXVVRJDUELV]XPLUGLVFKHQ0RUG´ 'LHNOHLQJHZRUGHQHQ0HQVFKHQGLHLP-DKUYRQ7HUUDJHNRPPHQZDUHQ VFKOXJHQ VLFK DOVR QLFKW QXU PLW HLQHU JLJDQWLVFKHQ :LOGQLV XQG )ORUD KHUXP VRQGHUQ DXFKQRFKPLW9HUUlWHUQDXVGHQHLJHQHQ5HLKHQ /HP\'DQJHUHQWVFKLHG
'LH1DFKWGHU9XONDQH
M
$WODQ
³:DUWHQZLUDXIGDVZDVGLH0lQQHUGHV7ROHUDQ]NRPPDQGRV]XVDJHQKDEHQ (VLVWGHQNEDUGDLQGHUOHW]WHQ=HLW'LQJHJHVFKHKHQVLQGGLH$WODQQLFKWZXWHXQG GLHDXVGLHVHP*UXQGQLFKWLQGHU%HVFKUHLEXQJGHV(LQVDW]HVVWHKHQNRQQWHQ´ 'HU)OXJJLQJZHLWHU 'LH NOHLQH *UXSSH WUDI DQGHUH 6LJDQHVHQ GLH VLFK HEHQIDOOV GLHVHV .RUULGRUV EHGLHQWHQ (QGOLFK WDXFKWH GLH 0DXHU DXI XQG LQ GHU 0DXHU GDV 7RU GDV EHLGHQ 3DUWHLHQ²QRUPDOJURHQ 7HUUDQHUQ XQG NOHLQHQ 6LJDQHVHQ VLH EHVDHQ LQ GLHVHU *HQHUDWLRQ HWZD HLQ 6LHEWHO GHU .|USHUJU|H HLQHV GXUFKVFKQLWWOLFKHQ 7HUUDQHUV GHQ 9HUNHKUPLWHLQDQGHUXQGGLH.RPPXQLNDWLRQHUP|JOLFKWHQ ³,FK JODXEH GRUW GUEHQ LVW GHU *OHLWHU ´ EHJDQQ /HP\ DEHU HU ZXUGH YRP 6XPPHQVHLQHV$UPEDQGPLQLNRPVXQWHUEURFKHQ(UZLQNHOWHGHQ$UPDQXQGPHOGHWH VLFKDXJHQEOLFNOLFK/DQJVDPJOLWWGLH5RERWSODWWIRUPDQHLQH5DPSHKHUDQ ³+LHU2EHUVW/HP\'DQJHU´ ³+LHU*HQHUDO0DUNKD+RO:LUZDUWHQDXI6LHJ2EHUVW´ /HP\VDKVLFKXPXQGVDKGDHUVLFKJHWlXVFKWKDWWH'HUZDUWHQGH*OHLWHUZDU HUVWHQVOHHU]ZHLWHQVEHVDHUQLFKWJHQJHQG/DGHIOlFKHIULKU*HSlFN I³'DQNH)UPLFKLVWGLH)UDJHZLFKWLJZRVLQG6LH"´ K ³5DPSH =ZHL 'ULWWHU $XIJDQJ .RPPHQ 6LH ELWWH VFKQHOO GLH 7HLOQHKPHU DQ GHU.RQIHUHQ]ZDUWHQVFKRQXQJHGXOGLJ´ ³6FK|Q JXW *HQHUDO :LU NRPPHQ VRHEHQ YRP %RWVFKDIWHU :LU VLQG KLHU DQ 5DPSH'UHL´ 'HU3RVLEL0RGHOOLHUHU.DODVV2WULQRWKDWWHGHQ*OHLWURERWEHUHLWVZLHGHULQ*DQJ JHVHW]WXQGVWHXHUWHDQVFKZHUEHODGHQHQ*OHLWHUQVLJDQHVLVFKHQ)DEULNDWHVYRUEHLDQ GHU GXQNHOEODXHQ 7UDQVSRUWNXJHO HLQHV 6ZRRQ HQWODQJ GDQQ HLQH VFKUlJH 5DPSH KRFK 'RUW ZDUWHWHQ EHUHLWV ]ZHL 0lQQHU HLQ VFKQHOOHU /DVWHQJOHLWHU XQG HLQH (QWODGHYRUULFKWXQJ6RXYHUlQXQGVFKQHOOVWHXHUWH2WULQRWGHQ5RERWGLUHNWQHEHQGHQ *OHLWHU DEHU EOLHE HLQH (EHQH WLHIHU VWHKHQ $XJHQEOLFNOLFK EHJDQQ GHU DXWRPDWLVFKH /DGHU ]X DUEHLWHQ (U KRE GDV *HSlFN DXI XQG YHUVWDXWH HV DXI GHU /DGHIOlFKH GHV *OHLWHUV 1DFKHLQDQGHU JLQJHQ GLH YLHU 6SH]LDOLVWHQ HLQH 7UHSSH KLQDXI JUWHQ GHQ *HQHUDOXQG'DQJHUIUDJWH ³:LHJHKWHV)UDXXQG6RKQ"´ 'HU*HQHUDOVFKWWHOWHVHLQH+DQGXQGVDJWH ³6LH ODVVHQ JUHQ XQG VHKQHQ GDV (QGH GHV (LQVDW]HV KHUEHL 0LWUD 'DQJHU VDJWHPLUVLHZUGHQLFKWPHKUZLVVHQZLH6LHDXVVHKHQ´ 'DQJHUYHUVLFKHUWH ³,FK ZHUGH HV LKU ]X JHJHEHQHU =HLW ZLHGHU LQV *HGlFKWQLV ]XUFNUXIHQ :DV VWHKWMHW]WDXIGHP3URJUDPP"´ 'HU*HQHUDO]lKOWHDXI ³=XHUVW HLQH VFKQHOOH )DKUW LQ XQVHU +DXSWTXDUWLHU 'RUW ZDUWHQ GLH 0lQQHU EHUHLWVDXI6LHXP,KQHQ8QWHUVWW]XQJJHEHQXQG,KUH5DWVFKOlJHK|UHQ]XN|QQHQ 'DQQSHU7UDQVPLWWHUQDFK0\VWURLQGLH7R\NLVFKH:LOGQLV:LUKDEHQGXQ6WDUW,KUHU *UXSSHIUPRUJHQIUKDQJHVHW]W²DXFKGDV6FKLIIGHU7HUUDQHUZLUGPRUJHQIUKEHU GHP,QVHONRQWLQHQWLP2UELWVWHKHQ´ ³'DVVFKHLQWMDDXVJH]HLFKQHWGXUFKGDFKW]XVHLQ´VDJWH'DQJHU ³+LHUEHJLQQHLFK]XVFKZLW]HQ´NRPPHQWLHUWH&RUWR3DGLOOR
'LH1DFKWGHU9XONDQH
M
$WODQ
6LH VWLHJHQ HLQ GHU /DGHU VWHOOWH VHLQH 7lWLJNHLW HLQ XQG GDQQ EUDXVWH GHU VLJDQHVLVFKH*OHLWHUHLQHODQJHJHZXQGHQH5DPSHKLQXQWHU6LHYHUOLHHQ3RUW6LJD GLHWHUUDQLVFKH(QNODYH6FKRQQDFKZHQLJHQ0LQXWHQVFKQHOOHQ)OXJHVHUNDQQWHQVLH GLH/DQGVFKDIWGLH%DXWHQXQGGLH:HJHLKUHU+HLPDWZLHGHU²XQGVLHEHJDQQHQVLFK ZRKO]XIKOHQ 1LHPDQG EUDFK LQ GHU HUVWHQ KDOEH 6WXQGH GDV 6FKZHLJHQ VFKOLHOLFK VDJWH*HQHUDO+RO ³:LHJHILHO,KQHQGHU%RWVFKDIWHU"´ ³,FK NDQQWH LKQ VFKRQ JHUDXPH =HLW´ HUZLGHUWH /HP\ ³(U KDW VLFK NDXP YHUlQGHUW(UVFKHLQWHLQELFKHQHQWVFKORVVHQHUJHZRUGHQ]XVHLQ´ ³(LQHU XQVHUHU EHVWHQ )UHXQGH´ PHLQWH *HQHUDO +RO JHGDQNHQYROO ³8QG ZHQQ ZHUGHQ*HKHLPQLVYROOHQHUZLVFKHQGDQQKDEHQZLU]XHLQHPJXWHQ7HLOGLHVHQ(UIROJ 0\RQJ.DLWR]XYHUGDQNHQ´ 6LH VDKHQ DXI LKUHP :HJ QLFKW HLQHQ HLQ]LJHQ 7HUUDQHU 'LH ODQJHQ 0HQVFKHQ GXUIWHQ GDV $UHDO YRQ 3RUW 6LJD QXU PLW HLQHU VSH]LHOOHQ (UODXEQLV GHU 5HJLHUXQJ YHUODVVHQ $XHUGHP ZXUGHQ GDQQ GLH $QVLHGOXQJHQ HQWODQJ GHV YRUDXVVLFKWOLHKHQ :HJHV YHUVWlQGLJW XQG JHZDUQW 'LH 7HUUDQHU GXUIWHQ DXFK YRQ HLQHU HLQPDO IHVWJHOHJWHQ 5RXWH QLFKW DEZHLFKHQ GHQQ HEHQVR ZLH HLQ VWU]HQGHU ³WHUUDQLVFKHU´ %DXPHLQVLJDQHVLVFKHV+RFKKDXV]HUVW|UHQXQGGHVVHQ%HZRKQHUW|WHQNRQQWHZDU HVDXFKYRUJHNRPPHQGDHLQDXVUXWVFKHQGHU0HQVFKHLQH)DUPXQGGHUHQQLHGULJH *HElXGH]HUVW|UWHRGHU]XPLQGHVWHUQVWKDIWVFKlGLJWH$XFKZDUHLQHHLQ]LJH)XVSXU LQHLQHP)HOGRGHUHLQHU.XOWXUHLQHUQVWKDIWHU6FKDGHQGDGDV(UGUHLFKELV]XHLQHP JHIlKUOLFKHQ:HUWKLQDXIYHUGLFKWHWZXUGH 'LHVH(LQVFKUlQNXQJJDOWIUDOOHNXOWLYLHUWHQ*HJHQGHQ6LJDV 6LH JDOW DEHU QLFKW IU GDV ,QQHUH 0\VWURV XQG IUHLQLJH lQGHUH %H]LUNH GHV 3ODQHWHQ ³+DEHQ 6LH HWZDV JHSODQW GDV ZLU ZLVVHQ PWHQ"´ HUNXQGLJWH VLFK /HP\ 'DQJHU QDFK HLQHU :HLOH (U KDWH GLHVH ODQJZLHULJHQ %HVSUHFKXQJHQ LQ GHQHQ GLH HLQ]HOQHQ *UXSSHQ XQG GLH 2UJDQH GLH GLHVH XQWHUVWW]WHQ VLFK JHJHQVHLWLJ DEVSUDFKHQ GHQ JHQDXHQ :HJ XQG GLH ]HLWOLHKHQ hEHUHLQVWLPPXQJHQ IHVWOHJWHQ DEHUGDVPXWHQDWUOLFKVHLQ $XFKZXWHQGLH6LJDQHVHQQLFKWVYRQ$WODQVOHW]WHP6FKDFK]XJ ³1RFK QLFKW :LU VLQG IU DOOH 9RUVFKODJH GDQNEDU XQG ZLU N|QQHQ HLQ ]LHPOLFK JURHV 3RWHQWLDO HLQVHW]HQ :LU KDEHQ 'HSRWV DQJHOHJW XQG ZDUWHQ HLJHQWOLFK QXU DXI GHQ6WDUWVFKX´ ³(VZLUGHLQDXVJHVSURFKHQWRQORVHU6FKXZHUGHQ´VDJWH3DGLOOR 6LH VDKHQ QLFKW QXU NHLQHQ 7HUUDQHU VRQGHUQ HUVW UHFKW NHLQ WHUUDQLVFKHV 5DXPVFKLII XQG QLFKW HLQPDO HLQHQ )OXJJOHLWHU )DVW DOOH %HZHJXQJHQ GLHVHU $UW YROO]RJHQVLFKLQHLQHUJHGDFKWHQVHQNUHFKWHQ/XIWVlXOHEHU3RUW6LJD ³6LQG6LHHEHQIDOOVLQ.RQWDNWPLW6&(&RGHUPLWGHVVHQ&KHI,ORUOXW&DSRFHQ"´ HUNXQGLJWHVLFK'DQJHUDOVGDV*HElXGHGHU7ROHUDQ]WUXSSHLQ6LFKWNDPHLQJURHU 7XUPYROOHU%URVXQG:RKQXQJHQ ³-D (U ZHL GD ZLU VHLQH 6XFKH XQWHUVWW]HQ (U KDW XQV DXFK MHGH QXU GHQNEDUH8QWHUVWW]XQJ]XJHVLFKHUW´ ³:LHVFK|Q´PXUPHOWH3DGLOOR (LQHUGHUJU|WHQ:LUWVFKDIWVIKUHUGHV3ODQHWHQZDUGLHVHU&DSRFHQ(LQ0DQQ YRQJURHP/HEHQVDOWHUXQG(UIDKUXQJ(UJDOWQLFKWQXUZHLWEHUGHQ(LQIOXEHUHLFK
'LH1DFKWGHU9XONDQH
M
$WODQ
6LJDVKLQDXVDOVHLQ0DQQYRQDEVROXWHU(KUHQKDIWLJNHLWVRQGHUQHUHQWVSUDFKYROOXQG JDQ]GLHVHU.ODVVLIL]LHUXQJ 'LHYLHU6LJDQHVHQNDPHQDOVRLQHLQYRUEHUHLWHWHV*HELHWKLQHLQ$OOHZDUWHWHQ DXI VLH 6LH ZDUHQ GHU =QGIXQNH GHU GLH JHPHLQVDP JHVWHXHUWHQ $NWLRQHQ LQ %HZHJXQJYHUVHW]HQZROOWH 8QGZDUXPHLQVROFKHU$XIZDQG"IUDJWHVLFK'DQJHULPVWLOOHQ :HLO$WODQJODXEWHGDGDV5LVLNRHLQHV0LHUIROJVVRJXWZLHDXVJHVFKORVVHQ ZHUGHQPXWH 1DFKGHPGHU*OHLWHULQHLQHUGHUXQWHULUGLVFKHQ*DUDJHQYHUVFKZXQGHQXQGGLH $XVUVWXQJ XQWHU %HZDFKXQJ JHVWHOOW ZXUGH EUDFKWHQ GHU *HQHUDO XQG VHLQ $GMXWDQW GLH YLHU 6SH]LDOLVWHQ LQ HLQHQ NOHLQHQ 6DDO LQ GHP EHUHLWV GLH DQGHUHQ 7HDPOHLWHU GHU 7ROHUDQ]WUXSSHZDUWHWHQ 1DFKHLQHUNXU]HQ%HJUXQJHUKREVLFKHLQHUGHU0lQQHUXQGVDJWH ³:LU KDEHQ PLW DOOHQ XQVHUHQ 0|JOLFKNHLWHQ YHUVXFKW GHQ 6WDQGRUW HLQHV 0DQQHV]XEHUHFKQHQGHUVROFKH(LQVDW]JUXSSHQZLHGLHLQ1$7+$1HUOHEWHXQGMHQH GLHDXI6LJD6W|UXQJHQYHUXUVDFKHQDXVELOGHQXQGDXVUVWHQNDQQ´ /HP\'DQJHUIUDJWHVFKQHOO ³8QGPLWZHOFKHP(UJHEQLV"´ ³:LU N|QQHQ XQEHVFKDGHW GHU ,QIRUPDWLRQHQ EHU 8OWUD.KRRQ XQG 0\VWUR DQQHKPHQ GD HLQ VROFKHV 8QWHUQHKPHQ HLQ JXWHV 9HUVWHFN EUDXFKW (LQ 9HUVWHFN GLHVHU *U|H NDQQ VLFK LQ NHLQHP GHU NXOWLYLHUWHQ *HELHWH EHILQGHQ 6RPLW VFKHLGHQ DOVRQHXQ]LJ3UR]HQWGHU/DQGPDVVH6LJDVYRQYRUQKHUHLQDXV %OHLEW GLH 0|JOLFKNHLW GD VLFK GLH $XVELOGXQJVVWlWWH XQWHU :DVVHU EHILQGHW $XFKKLHUKDEHQZLUJHVXFKWXQGJHVXFKW,GHHQSURGX]LHUWXQGZLHGHUYHUZRUIHQ:LU KDOWHQHVIUVRJXWZLHDXVJHVFKORVVHQ(LQ%DXZHUNXQWHU:DVVHULVWYRQXQVELQQHQ NXU]HU =HLW IHVWVWHOOEDU XQG QLUJHQGZR JDE HV $Q]HLFKHQ GDIU GD MHPDQG HLQHQ .RPSUHVVRU NDXIWH RGHU HLQHQ lKQOLFKHQ *HJHQVWDQG GHU HLQVFKOlJLJ YHUZHQGHW ZHUGHQN|QQWH $XFKIUXQVJLEWHVQXUHLQH0|JOLFKNHLW´ 'HU*HQHUDOQLFNWHXQGVDJWH ³'HU 9HUEUHFKHU YHUELUJW VLFK LQ GHP ZHLWHVWJHKHQG XQHUVFKORVVHQHQ ,QVHONRQWLQHQW´ -HPDQGEHWlWLJWHHLQHQ6FKDOWHUXQGDXIHLQHU%LOGWDIHOHUVFKLHQHLQHJHVWRFKHQ VFKDUIH.DUWHGHVIUDJOLFKHQ*HELHWV ³$OOH 6WHOOHQ GLH ZLU NRQWUROOLHUHQ N|QQHQ GLH ZLU LQ GHQ OHW]WHQ 7DJHQ XQG :RFKHQGXUFKJHNlPPWKDEHQVLQGURWDQJH]HLFKQHW´HUNOlUWHGHU*HQHUDO (V ZDUHQ YLHOH *HELHWH PHLVWHQV YHUOLHIHQ VLH LQ GHU 8PJHEXQJ YLHOHU NOHLQHU 6LHGOXQJHQ GHU JURHQ 6WDGW XQG HQWODQJ GHU 8IHU GLHVHV YHUEOIIHQGHQ 9XONDQNRQWLQHQWV ³:HQQ LFK VR GLHVH .DUWH EHWUDFKWH´ JDE 'DQJHU ]XUFN ³GDQQ KDEH LFK GHQ (LQGUXFNZLUN|QQHQELV]XP-DKU)QIWDXVHQGVXFKHQRKQHHWZDV]XILQGHQ´ ³1XUELV]XP(QGHGLHVHV0RQDWV´PHLQWH0DUNKD+RO (U GUHKWH XQZLOOLJ GHQ .RSI XQG ZROOWH HWZDV VDJHQ DOV GHU ,QWHUNRP VLFK PHOGHWH $EHUDOVHUGDVYHUEOIIWH*HVLFKWGHV0DQQHVYRUGHU%LOGVFKHLEH¶VDKVFKZLHJ HUVRIRUW
'LH1DFKWGHU9XONDQH
M
$WODQ
³/DXWHU´ULHI3DGLOOR 'LH6WLPPHIOOWHGHQ6DDODXV6LHVDJWHIUMHGHQDXVJH]HLFKQHWK|UEDU ³6RHEHQ KDEHQ ZLU DP 5DQG GHU 7R\NLVFKHQ :LOGQLV HLQHQ EHUUDVFKHQGHQ )XQG JHPDFKW :LU µIDQGHQ HLQHQ 6LJDQHVHQ GHU LP $XJHQEOLFN QLFKW YHUQHKPXQJVIlKLJLVW(UZDUVRJXWZLHYHUGXUVWHW :LU ]ZHLIHOQ RE ZLU YRQ LKP ,QIRUPDWLRQHQ HUKDOWHQ N|QQHQ DEHU XQVHUH bU]WH WXQLKU%HVWHV´ (LQHDWHPORVH6WLOOHWUDWHLQQDFKGHPGLHVH0HOGXQJGXUFKJHJHEHQZRUGHQZDU :DVKDWWHGDV]XEHGHXWHQ"(LQ,QGL]HLQ+LQZHLVPHKU" ³8QGLFKGDFKWHLPPHUQLFKWV0HQVFKOLFKHVZlUHPLUXQEHNDQQW´VDJWH6LQFODLU 0DURXW .HQQRQ XQG EHZHJWH VHLQHQ VFKZHUHQ 5RERWN|USHU LQ GHP 6SH]LDOVHVVHO ³$EHUGLHVH$XIIRUGHUXQJ]XP+DQGHOQEHUUDVFKWVHOEVWPLFK)UHXQG7HN´ 7HNHQHUJULQVWHXQGIHLOWHGHQ)HXHUVWHLQHLQHUPLWWHODOWHUOLFKHQ5DGVFKORSLVWROH VFKDUI]X'LH(LQ]HOWHLOHGHU:DIIHODJHQDXIGHP7LVFKXQGGDV:HUN]HXJVDPWGHQ Q|WLJHQ0DWHULDOLHQKlXIWHVLFKGDQHEHQ ³%HNDQQWOLFK LVW GHU 9HUVWDQG HLQHV 0HQVFKHQ QLFKW DQ VHLQHU .|USHUJU|H ]X PHVVHQ,FKNHQQHYLHOH0HQVFKHQGLHREZRKOHLQHVWDWWOLFKH/lQJHEHVLW]HQGUHFKW GXPPVLQG´ ³,QGHV LVW QLFKW MHGHU *QRP HLQ 9HUVWDQGHVNQVWOHU ³ JDE .HQQRQ ]XUFN 6LH EHIDQGHQ VLFK DXI 6DWLVI\ LQ LKUHQ SUDFKWYROO HLQJHULFKWHWHQ 5lXPHQ GHV NOHLQHQ 0RQGHV 1DWUOLFK KDWWH $WODQ VLH OlQJVW LQIRUPLHUW DEHU GD HLQ 6LJDQHVH PLW HLQHP VLJDQHVLVFKHQ 5DXPVFKLII GHQ ODQJHQ :HJ ELV KLHUKHU ]X GHU ³8QDEKlQJLJHQ +LOIVLQVWLWXWLRQ IU %HGUlQJWH´ ]XUFNOHJWH GDV EHUUDVFKWH VHOEVW GHQ EHUXIVPlLJHQ 6NHSWLNHU7HNHQHU ³$EHUDXFKQLFKWMHGHU*LJDQWLVWNOXJ³NQXUUWH7HNHQHU (U KDWWH LQ GHQ OHW]WHQ 7DJHQ HWZDV =HLW JHIXQGHQ VHLQH DXVJHGHKQWH :DIIHQVDPPOXQJ GXUFK]XVHKHQ GLH .DUWHL ]X RUGQHQ XQG GLH 6WFNH HLQHU JHQDXHQ ,QVSHNWLRQ]XXQWHU]LHKHQ,UJHQGZHUKDWWHWDWVlFKOLFKHLQH:DIIHDXVGHQ-DKUHQGHV DXVJHKHQGHQ WHUUDQLVFKHQ 0LWWHODOWHUV JHIXQGHQ XQG 7HNHQHU DQJHERWHQ ]X HLQHP ³3UHLV XQWHU ZDKUHQ )UHXQGHQ´ ZLH HU VLFK DXVGUFNWH 7HNHQHU KDWWH HLQH JURH 6XPPH JH]DKOW)UHXQGVFKDIW VFKLHQ XQWHU GLHVHP *HVLFKWVSXQNW HLQ ZDKUKDIW WHXUHV *HVFKlIW]XVHLQ(UKDWWHGLH:DIIHPHWKRGLVFKDXVHLQDQGHUJHQRPPHQXQGVDKQXQ GLH URVWLJHQ YHUERJHQHQ 7HLOH GXUFK (U ZUGH LQ VHLQHU NOHLQHQ 6SH]LDOZHUNVWDWW YLHO $UEHLWKDEHQ 'LHVZDUHLQHGHU0|JOLFKNHLWHQDXV]XVSDQQHQXQGGHQVWUDSD]LHUWHQ9HUVWDQG DXI DQGHUH :HJH ]X EULQJHQ (V ZDU VHOEVW IU HLQHQ SRWHQWLHOO 8QVWHUEOLFKHQ PLW =HOODNWLYDWRUZLFKWLJYRQ=HLW]X=HLWGLHVHQ+REE\V]XIU|QHQ ³:DVZLOOGHU:LFKWHOPDQQ"´EUXPPWH.HQQRQ³,FKZHLZDVVHLQ3UREOHPLVW DEHULFKIUDJHPLFKPHKUHUH'LQJH´ ³:HOFKH"´ IUDJWH 7HNHQHU XQG OHJWH GHQ URVWLJHQ /DXI GHU :DIIH LQ HLQHQ %HKlOWHUPLW3HWUROHXP ³$QJHQRPPHQ GHU JXWH +RUOXW PLW VHLQHQ IQIXQG]ZDQ]LJNRPPDQHXQ
'LH1DFKWGHU9XONDQH
M
$WODQ
=HQWLPHWHUQ LVW VRZRKO YRQ /RUGDGPLUDO $WODQ ZLH DXFK YRQ VHLQHP 0DQQ DXI 6LJD GLHVHP%RWVFKDIWHU0\RQJYHUVWlQGLJWZRUGHQ´ ³(UZXUGHJDUDQWLHUWYHUVWlQGLJW8QGXQVHUH$GUHVVHKDWHUDXFKQXUYRQ0\RQJ HUKDOWHQ´ 6LHZHFKVHOWHQHLQHQODQJHQVFKZHLJHQGHQ%OLFN 1DWUOLFK ZXWHQ $WODQ XQG XQWHU 8PVWlQGHQ DXFK GHU %RWVFKDIWHU GD GLH ³NRVPLVFKHQ%HGUlQJWHQKHOIHU´QLFKWJDQ]GDVZDUHQZDVVLHVFKHLQEDUVFKLHQHQ'HU 0RQG7HNHQHUVGLHQWH]ZDUJUXQGVlW]OLFKDOOHQ%HGUlQJWHQDEHUJOHLFK]HLWLJZDUHUGLH 9HUELQGXQJVVWDWLRQ ]XU 862 (LQH JHKHLPH 9HUELQGXQJVVWDWLRQ YRQ GHU QXU HLQH +DQGYROO0HQVFKHQZXWHDEHUGLH7DWVDFKHEOLHEEHVWHKHQGDGXUFK.HQQRQVXQG 7HNHQHUV *HKHLPLQIRUPDWLRQHQ GHU .DPSI JHJHQ GDV 9HUEUHFKHQ LQ GHU *DOD[LV ZHVHQWOLFKOHLFKWHUILHOXQGVFKQHOOHUHXQGEHVVHUH(UIROJHHU]LHOWH ³1RFK QLFKW .HQ´ VDJWH 7HNHQHU ³1RFK QLFKW 8QG ZHQQ GHU REHUVWH .RQ]HUQKHUU DOOHU VLJDQHVLVFKHQ 0LNURZHUNH ]X XQV NRPPW VR KDW GLHVHV (UHLJQLV HLQHQVHKUKRKHQ6WHOOHQZHUW´ 7HNHQHU YHUVXFKWH PLW HLQHU JHUDGH]X XQIDEDUHQ *HGXOG HLQH HLQJHURVWHWH 6FKUDXEH DXI]XGUHKHQ 6LH VD LQ LKUHP SULPLWLYHQ *HZLQGH DOV VHL VLH DWRPDU HLQJHVFKZHLWZRUGHQ ³6LFKHU $XI GLHVH :HLVH ZHUGHQ ZLU RIIL]LHOO LQ GLH -DJG QDFK GHP 9HUEUHFKHU HLQJHVFKDOWHW´ .HQQRQQLFNWHODQJVDP 1DFKGHP VLH YRQ $WODQ YHUVWlQGLJW ZRUGHQ ZDUHQ KDWWHQ VLH ]LHPOLFK VFKQHOO KDQGHOQN|QQHQ,KU6FKLIIGLH+$33<'$<VWDQGEHUHLWVMHW]WVWDUWEHUHLWLQHLQHPGHU YLHOHQ )HOVKDQJDUV GHV NOHLQHQ 0RQGHV 6HOEVW GDV $QIOXJ]LHO ZDU EHUHLWV LQ GHU %RUGELRSRVLWURQLN HLQSURJUDPPLHUW²HV ZDU GHU 3ODQHW 6LJD $EHU RIIL]LHOO ZXWH QLHPDQGHWZDVGDYRQ .HQQRQV NULPLQRORJLVFKHV *HKLUQ EHJDQQ EHUHLWV ZLOGH ]XP 7HLO JDU QLFKW VR DEZHJLJH.RPELQDWLRQHQ]XVSLQQHQ ³,FKN|QQWHGLUMDKHOIHQGLHVHQDOWHQ6FKLHSUJHODXVHLQDQGHU]XQHKPHQDEHU GDGXUFKZUGHLFKGLFKGHV9HUJQJHQVEHUDXEHQ´VDJWH6LQFODLU³:DVKDEHQZLUDQ SRVLWLYHQ)HVWVWHOOXQJHQ" )U +RUOXW &DSRFHQ LVW HV Y|OOLJ XQHUNOlUOLFK GD HLQH 0HQJH $XVVFKX VHLQH YLHOHQ:HUNHYHUOlW6HLQ6WRO]ZDUELVKHUGLH3HUIHNWLRQYRQ*HUlWXQG/LHIHUWHUPLQ 5LFKWLJ"´ 5RQDOG 7HNHQHU JULQVWH NXU] XQG VFKDEWH HLQLJH YHUNUXVWHWH 5HVWH YRQ GHU 3XOYHUSIDQQH ³5LFKWLJ´VWLPPWHHU]X ³,QIROJHGHUYLHOHQ)HKOOLHIHUXQJHQXQGGHUGDUDXVUHVXOWLHUHQGHQ8QIlOOHKDWVLFK QDWUOLFKGLHWHUUDQLVFKH%RWVFKDIWDXI6LJDHLQJHVFKDOWHW´ 6LHKDWWHQYRUHLQLJHQ6WXQGHQGLH1DFKULFKWEHNRPPHQGDHLQVLJDQHVLVFKHV 3ULYDWUDXPVFKLIILP$QIOXJDXIGLH:HOW6DWLVI\ZDU6HLWGLHVHU=HLWZXWHQVLH]LHPOLFK JHQDX ZDV YRQ LKQHQ YHUODQJW ZHUGHQ ZUGH VLH VROOWHQ HLQ 3UREOHP DXV GHU :HOW VFKDIIHQRGHUPLWKHOIHQHV]XEHVHLWLJHQ .HQQRQIXKUIRUW ³$XHUGHPKDWGLH6RODUH$EZHKUDXI7HUUDVLFKHEHQIDOOVPLWGLHVHP3UREOHP EHVFKlIWLJW 'DV NDQQ DOOH :HOW ZLVVHQ²MHGHU ,QWHUHVVLHUWH ZLUG GDUDQ QLFKWV
'LH1DFKWGHU9XONDQH
M
$WODQ
8QJHZ|KQOLFKHV ILQGHQ 8QJHZ|KQOLFK XQG $XIPHUNVDPNHLW HUUHJHQG ZlUH GDV *HJHQWHLOQlPOLFKGDV7RWVFKZHLJHQGHU$IIlUHQ´ 7HNHQHU VDK .HQQRQ DQ OHJWH GDV 6FKOHLISDSLHU ZHJ XQG VDJWH LP KDOEHQ )OVWHUWRQ ³,FKEHZXQGHUHGHLQHQPHVVHUVFKDUIHQ9HUVWDQG)UHXQG.HQ+HXWHPHKUGHQQ MH8QGGDVVHLWHLQLJHQ-DKUKXQGHUWHQ´ ³'XELVWHLQ6FKZlW]HU´VWHOOWHGHU0DQQPLWGHP5RERWN|USHUVDFKOLFKIHVW $WODQ ZROOWH GDGXUFK GD HU GHQ %RWVFKDIWHU 7HUUDV DXI 6LJD DQZLHV GHQ .RQ]HUQFKHI EHL 7HNHQHU XQG .HQQRQ XP +LOIH QDFK]XVXFKHQ QXU HLQHQ GHU YLHOHQ P|JOLFKHQ :HJH EHVFKUHLWHQ :HQQ QlPOLFK +RUOXW &DSRFHQ GLH EHLGHQ %HGUlQJWHQKHOIHU EDW LKP ]X KHOIHQ GDQQ KDWWHQ VLH IUHLH %DKQ 6LH HUKLHOWHQ XQWHU GLHVHQ 8PVWlQGHQ DXFK HLQH /DQGXQJVJHQHKPLJXQJ DXHUKDOE GHU 6SHUU]RQH YRQ 3RUW6LJD8QGDXHUGHPZUGHQVLHHLQH3UlPLHIRUGHUQPVVHQXQGDXFK²HUKDOWHQ 'DVJHK|UW]XGHP6SLHOGDV.HQQRQXQG7HNHQHUVHLW-DKU]HKQWHQWULHEHQ ³*XW,FKELQHLQ6FKZlW]HU´VDJWH7HNHQHUXQGKREYRUVLFKWLJGHQ/DXIDXVGHP UHLQLJHQGHQ%DG'LH9HUNUXVWXQJHQORFNHUWHQVLFKEHUHLWV,QHLQLJHQ7DJHQZUGHHU ZLHGHUHLQNRVWEDUHV6WFNVHLQHP6FKDW]HLQYHUOHLEWKDEHQ(UEHVDLQ]ZLVFKHQHLQH JURH $Q]DKO YRQ :DIIHQ DOOHU $UWHQ XQG 6\VWHPH YRQ YLHOHQ 3ODQHWHQ XQG HLQHU 0HQJH YHUVFKLHGHQHU .XOWXUNUHLVH *LIWNXJHOVFKOHXGHUQ IHKOWHQ LQ GHU 6DPPOXQJ HEHQVR ZHQLJ ZLH PRGHUQH 6WUDKOJHZHKUH .UXPPVlEHO DXV 6WHLQKRO] ZDUHQ HEHQVR YHUWUHWHQZLHIORUHQWLQLVFKH6WLFKGHJHQXQG.DYDOOHULHVlEHO7HUUDV ³$EHUHLQ6FKZlW]HUKDWGHQ9RUWHLOYLHO]XUHGHQXQGZHQLJ]XVDJHQ´IXKUHU IRUW ³:HQQ ZLU RIIL]LHOO PLW GHQ 1DFKIRUVFKXQJHQ EHDXIWUDJW ZHUGHQ N|QQHQ ZLU XQJHKLQGHUWHLQJUHLIHQ:LUGUIHQHUVWGDQQKDQGHOQZHQQZLUGD]XDXIJHIRUGHUWRGHU GDUXPJHEHWHQZHUGHQ'DVVLQGGLH*HVHW]HGHQHQZLUXQVEHXJHQPVVHQ´ ³'DVDOOHVZHLLFK:LUVROOWHQYHUVXFKHQGLH8QWHUKDOWXQJVRNXU]ZLHP|JOLFK ]XIKUHQ´PHLQWH.HQQRQXQGVDKVLFKHLQHQHXH.DUWH6LJDVDQ ³'DVEHGHXWHWGDZLUGLH+RQRUDUYHUKDQGOXQJHQQLFKW]XODQJHIKUHQN|QQHQ :LUZHUGHQHLQHEHVFKHLGHQHUH)RUGHUXQJVWHOOHQPVVHQ´VDJWH7HNHQHUEHGDXHUQG (UEHUOHJWHZHLWHU :HQQ+RUOXW&DSRFHQLQ1|WHQZDUZUGHHUJHUQ]DKOHQ(UZXWHMDQLFKWGD 7HNHQHU XQG .HQQRQ XQWHU JHZLVVHQ 8PVWlQGHQ DXFK Y|OOLJ NRVWHQORV DUEHLWHQ XQG NlPSIHQZUGHQ(UZDUDOWXQGUHLFKGDVEHGHXWHWHGDHUHEHQVRJHL]LJZLHUHLFK ZDU ,QIROJH GHU VLJDQHVLVFKHQ (U]LHKXQJ ZUGH HU DEHU GHP (KUHQNRGH[ GLHVHV PHUNZUGLJHQ´.OHLQHQ9RONHV´JHKRUFKHQXQGVLFKNHLQH%O|HJHEHQ 7HNHQHUEOLFNWHDXIGLH8KUGDQQZDUIHUGHQ/DSSHQKLQXQGVDJWHOHLVH ³9HUODVVHQ ZLU GLH :HUNVWDWW =LHKHQ ZLU XQVHUH %HGUlQJWHQKHOIHU.OHLGXQJ DQ XP ZUGLJ YHUKDQGHOQ ]X N|QQHQ 'LH +RVHQ PLW GHQ DXVJHIUDQVWHQ 5lQGHUQ XQG GLH 3XOORYHUPLWGHQ0RWWHQO|FKHUQ´ .HQQRQODFKWHVFKDOOHQGXQGVFKOXJ7HNHQHUKDUWDXIGLH6FKXOWHU ³'XELVWXQEH]DKOEDU´VDJWHHU 7HNHQHUVFKDOWHWHGLH%HOHXFKWXQJDXVQDFKGHPHUVLFKYHUJHZLVVHUWKDWWHGD GLHHLQ]HOQHQ7HLOHGHUDOWHQ:DIIHULFKWLJYHUVRUJWZDUHQ(UGDFKWHQLFKWHLQH6HNXQGH ODQJ DQ GLH 0|JOLFKNHLW²GLH LPPHUKLQ EHVWDQG² GD HU KLHUKHU QLHPDOV ZLHGHU ]XUFNNHKUHQZUGH(UNRQ]HQWULHUWHVLFKDXIGLHQlFKVWHQ7HLOVWFNHGHU$XIJDEH 6LHPXWHQGHQ&KHIHPSIDQJHQXQGPLWLKQUHGHQ
'LH1DFKWGHU9XONDQH
M
$WODQ
'DQQNDPHQGHU)OXJXQGGLH/DQGXQJDXI6LJD 6FKOLHOLFK GHU +DXSWWHLO²QlPOLFK GHU )DOO VHOEVW (V ZUGH .lPSIH JHEHQ GHQQQRUPDOHUZHLVHJDEHVKLQWHUGHQ.XOLVVHQLPPHUHLQHQXQEHNDQQWHQ'UDKW]LHKHU ,QGLHVHP)DOOMHPDQGGHUKLQWHUGHPUlWVHOKDIWHQ8OWUD.KRRQVWDQGXQGDQ6FKQUHQ ]RJZLHHLQ0DULRQHWWHQVSLHOHU 'HUOHW]WH3XQNWZDUGHU+HLPIOXJXQGGLH]XVDPPHQIDVVHQGH%HULFKWHUVWDWWXQJ ³*HKHQZLU"´IUDJWH.HQQRQ ³-D$EMHW]WZLUGHVHUQVW´YHUVSUDFK7HNHQHU 6HLQ )UHXQG XQG HU ZDUHQ GDV LGHDOH *HVSDQQ =XVDPPHQ ZDUHQ VLH XQVFKODJEDU $XFK GLHVH $XIJDEH ZUGHQ VLH JHPHLQVDP PHLVWHUQ =ZLVFKHQ LKQHQ EHVWDQG HLQH )lKLJNHLW ZLH ]ZLVFKHQ ]ZHL 7HOHSDWKHQ RKQH GD VLH LP PLQGHVWHQ GLHVH $QODJHQ EHVDHQ 6LH NRQQWHQ VLFK PLW QXU HLQHP %OLFN PLW HLQHU *HVWH YHUVWlQGLJHQXQGHLQHPDXHQVWHKHQGHQ%HREDFKWHUPXWHHVHUVFKHLQHQGDMHGHU YRQLKQHQGLH+DQGOXQJHQGHV)UHXQGHVVFKRQYRUDXVJHDKQWKDWWH 'LHVHQ(LQGUXFNZUGHDXFK+RUOXW&DSRFHQKDEHQ $OV VLH GDV JHUlXPLJH VWLOYROO HLQJHULFKWHWH .RQIHUHQ]]LPPHU EHWUDWHQ VDJWH µ6LQFODLU.HQQRQOHLVH ³,FKUHFKQHPLWHLQHP6FKQHOOVWDUWELQQHQIQI6WXQGHQ7HN´ 7HNHQHUEHUOHJWHXQGUHFKQHWHQDFK ³'XKDVWZDKUVFKHLQOLFKUHFKW.HQ´HUZLGHUWHHU 'DQQ HUKLHOWHQ VLH GLH 1DFKULFKW GD GDV VLJDQHVLVFKH 6FKLII JHODQGHW VHL 7HNHQHU JULQVWH XQG EDW HLQHQ VHLQHU 0LWDUEHLWHU KLQDXV]XJHKHQ XQG GDV 6FKLII KHU]XEULQJHQ ZREHL HU VRUJVDP GDUDXI DFKWHQ VROOH HV QLFKW LQ GHU +DQG ]X ]HUGUFNHQ(UHUQWHWHZRKOZROOHQGHV*HOlFKWHU
³,FK KDEH *UXQG ]X GHU $QQDKPH GD DXJHQEOLFNOLFK GLH 6XFKH QDFK MHQHP 9HUEUHFKHU EHJLQQW´ VDJWH GHU .RQ]HUQFKHI 7HNHQHU NlPSIWH JHJHQ GLH 9HUVXFKXQJ DQDXVGHP6FKUHLEWLVFKHLQH/XSH]XQHKPHQXQGVHLQHQ*HVSUlFKVSDUWQHUGXUFKGLH /LQVH ]X EHWUDFKWHQ (U KDWWH VHLQ P|JOLFKVWHV JHWDQ XP &DSRFHQ GHQ NXU]HQ $XIHQWKDOWKLHUDQJHQHKP]XPDFKHQ (LQ EHTXHPHU 6HVVHO HLQH 9HUVWlUNHUDQODJH XQG HLQLJH DQGHUH *HUlWVFKDIWHQ KDWWHQLKUHQ3ODW]DXIGHU6FKUHLEWLVFKSODWWHJHIXQGHQ ³,FK NHQQH QXQ ,KUH 3UREOHPH 0LVWHU &DSRFHQ´ HUZLGHUWH .HQQRQ ³0HLQ 3DUWQHUXQGLFKZHUGHQ,KQHQJHUQKHOIHQ´ ³$EHUGDLVWQRFKGLHVHVOHLGLJH3UREOHP´ZDUI7HNHQHUHLQ³GDVLFKMHGHVPDO]X PHLQHPHLJHQHQbUJHUHUZlKQHQPX,FKWXHHVQLFKWJHUQDEHU6LHPVVHQZLVVHQ GD XQVHUH 8QNRVWHQ KRFK VLQG $XFK HUK|KW VLFK QDWXUJHPl GHU %HWUDJ ZHQQ ZLU GHQ(UIROJJDUDQWLHUHQ´ (WZDVVSLW]HQWJHJQHWHGHU6LJDQHVH ³*DUDQWLHUHQ6LHGHQ(UIROJ"´ ³(UIROJ ]X IQIXQGQHXQ]LJ 3UR]HQW XQG 9HUVFKZLHJHQKHLW ]X KXQGHUW 3UR]HQW´ DQWZRUWHWH5RQDOG ³:RPLWN|QQHQ6LHGLHVH*DUDQWLHEHOHJHQ"´HUNXQGLJWHVLFK&DSRFHQ ³0LW XQVHUHQ (UIROJHQ %LVKHU KDWWHQ ZLU QRFK NHLQHQ HLQGHXWLJHQ 0LHUIROJ ]X
'LH1DFKWGHU9XONDQH
M
$WODQ
YHU]HLFKQHQ´ &DSRFHQKREGLH6FKXOWHUQXQGPDFKWHHLQH%HZHJXQJDOVZROOHHUGLHOHHUHQ 7DVFKHQVHLQHU+RVHQDFKDXHQ]LHKHQ ³)QI 0LOOLRQHQ 6RODU´ VDJWH HU VFKZHU DWPHQG ³VLQG HLQH JLJDQWLVFKH 6XPPH IUHLQHQ3ULYDWPDQQGHVVHQ:HUNH]XJURHQ7HLOHQVWLOOJHOHJWZHUGHQPXWHQ³ ³=HKQ0LOOLRQHQ$Q]DKOXQJ´HULQQHUWHLKQ.HQQRQPLWQDFKVLFKWLJHP/lFKHOQ ³8QGDXHUGHP,KUH)UHXGHZHQQGLH:HUNHZLHGHUHLQZDQGIUHLSURGX]LHUHQ² VLHLVWVLFKHUPHKUDOV]HKQ0LOOLRQHQ6RODUZHUW´7HNHQHUODFKWHOHLVHXPGHQ=ZHUJ QLFKWYRQGHU3ODWWH]XEODVHQ 6LH KDWWHQ LKQ PLW YRUELOGOLFKHU +HU]OLFKNHLW HPSIDQJHQ XQG VLFK VHLQH 6RUJHQ DQJHK|UW 'DEHL ZDU QLFKWV EHULFKWHW ZRUGHQ ZDV VLH QLFKW VFKRQ GXUFK $WODQV ,QIRUPDWLRQHQ JHNDQQW KlWWHQ $EHU VLH KDWWHQ GLH 3UREOHPDWLN DXV GHU 6LFKW HLQHV %HWURIIHQHQNHQQHQJHOHUQW 'HU *DVW ZDU UXKLJ XQG YRQ JHODVVHQHP *HPW 6HLQH 5HGH ZDU NODU XQG EHVWLPPW HU ZXWH VWHWV JHQDX ZDV HU ZROOWH 6HLQHQ KDOEKHU]LJHQ 9HUVXFK GHQ DUPHQ 0LOOLRQlU KHUDXV]XNHKUHQ QDKPHQ ZHGHU .HQQRQ QRFK 7HNHQHU HUQVW²HV JHK|UWH]XGLHVHPGLIIHUHQ]LHUWHQ6SLHO=ZHLIHOORVVDLKQHQHLQ0DQQJHJHQEHUGHU QLFKWQXUHLQ(KUHQPDQQVRQGHUQDXFKHLQKHUYRUUDJHQGHU.RSIZDU(LQH6HOWHQKHLW GDFKWH.HQQRQELWWHULQGLHVHP-DKUKXQGHUWLQGHPGLH*DOD[LV]XJlUHQVFKLHQ ³6LH VFKHU]HQ *XW ,FK ZLOO GDV 9HUIDKUHQ QLFKW ]X HLQHP XQZUGLJHQ 6FKDXVSLHOKHUDEZUGLJHQ´VDJWH&DSRFHQ ³'DVZDUDXFKQLFKWHLQH6HNXQGHODQJXQVHUH$EVLFKW´EHWHXHUWH.HQQRQ³6LH EHDXIWUDJHQXQVDOVRKLHUPLWRIIL]LHOOPLWGHQ1DFKIRUVFKXQJHQ"´ +RUOXW&DSRFHQKROWH$WHPXQGVDJWHVFKOLHOLFK ³-DZRKO,FKELWWH6LHGDUXP´ 'DPLWZDUGHU:HJJHHEQHW.HQQRQXQG7HNHQHUZUGHQDOVRRIIL]LHOODXI6LJD ODQGHQ N|QQHQ 1LHPDQG VDK GDQQ LQ GHU $NWLRQ PHKU DOV GHQ 9HUVXFK GLHVHU EHNDQQWHQ2UJDQLVDWLRQHLQHP3ULYDWPDQQDXVGHU.OHPPH]XKHOIHQ:DVKLQWHUGHQ .XOLVVHQ JHVFKDK JLQJ HUVWHQV QLHPDQGHQ HWZDV DQ XQG ZDU ]ZHLWHQV DXFK DEVROXW JHKHLP .HQQRQVFKQLWWHLQHDQGHUH6HLWHGHV3UREOHPVDQXQGVDJWHOHLVH ³6LU:LUNHQQHQGLHHLJHQWPOLFKH6LWXDWLRQYRQ6LJD7HUUDQHUGUIHQDXHUKDOE YRQ3RUW6LJDQLFKWODQGHQ´ &DSRFHQZLQNWHDE ³,FK KDEH HUVWNODVVLJH 9HUELQGXQJHQ ]XU 5HJLHUXQJ (KH LFK KLHUKHU VWDUWHWH KDEH LFK PLFK YHUJHZLVVHUW GD 6LH ODQGHQ GUIHQ $OOHUGLQJV XQWHU :DKUXQJ VWUHQJVWHU 9RUVLFKWVPDQDKPHQ $P EHVWHQ ZUGH HV VHLQ MHJOLFKHV 5LVLNR DXV]XVFKDOWHQ´ 7HNHQHUHUZLGHUWH ³:LU NRPPHQ PLW XQVHUHP 6FKLII WLHI KHUXQWHU VFKOHXVHQ HLQHQ NOHLQHQ *OHLWHU DXVXQGODQGHQLQQHUKDOEGHVIUDJOLFKHQ*HELHWHV´ 6LH KDWWHQ KLHUPLW GLH *HZLKHLW GLH 6FKZLHULJNHLWHQ GHU /DQGXQJVHUODXEQLV DXHUKDOE YRQ 3RUW 6LJD XPJDQJHQ ]X KDEHQ &DSRFHQ YHUIJWH EHU DXVQHKPHQG JXWH %H]LHKXQJHQ ]XU 5HJLHUXQJ XQG KDWWH VLFK YRUKHU EHUHLWV DEJHVLFKHUW :lKUHQG VLHKLHUYHUKDQGHOWHQIXQNWH.HQQRQEHUHLWVGLH+DXSW]HQWUDOHYRQ6DWLVI\DQGLHDOOH )XQNVSUFKHDQ$WODQXQGDQGHQWHUUDQLVFKHQ%RWVFKDIWHUZHLWHUOHLWHWH'LHZLFKWLJHQ
'LH1DFKWGHU9XONDQH
M
$WODQ
0lQQHUZDUHQYHUVWlQGLJW(VNRQQWHORVJHKHQ ³(LQHUXQVHUHUEHVWHQ6HUYLFH3XQNWHLVWDXJHQEOLFNOLFKEHUHLW]XVHLQZHQQHV GLH6LWXDWLRQHUIRUGHUW1XUGLH)RUPDOLWlWHQ´VDJWH7HNHQHU +RUOXW&DSRFHQOlFKHOWHPDWWXQGVDJWH ³,FKVHKH6LHZLVVHQ,KUHQ6WDQGSXQNW]XYHUWUHWHQ,FKKDEHEHUHLWV$QZHLVXQJ JHJHEHQ GLH HUVWH +lOIWH GHU 3UlPLH DXI ,KU .RQWR ]X EHUZHLVHQ *HVWDWWHQ 6LH PLU GD LFK QLFKW LP 5DKPHQ HLQHV ODQJHUHQ )XPDUVFKHV HLQHV ,KUHUJLJDQWLVFKHQ 6FKHFNIRUPXODUHXQWHU]HLFKQHQPX´ ³:LU VHKHQ GD ZLU XQV LQ DOOHQ 3XQNWHQ YRU]JOLFK YHUVWHKHQ´ VDJWH .HQQRQ ³8QVHU 6HUYLFH LVW EHLVSLHOORV GUIHQ ZLU 6LH HLQODGHQ PLW XQV ]XUFN]XIOLHJHQ¶" ,KU 5DXPVFKLIILQXQVHUHP5DXPVFKLII"´ ³(LQYHUVWDQGHQ:DQQVROOGDV"´ 7HNHQHUVWDQGDXIXQGHUNOlUWH ³,QZHQLJHQ0LQXWHQ,FKQHKPH6LHPLWLQGHQ+DQJDU"´ ³6HKU]XYRUNRPPHQG´ ,Q :LUNOLFKNHLW OLHI DOOHV HWZDV DQGHUV DE +RUOXW &DSRFHQ OLH VLFK YRQ HLQHP 5RERW]XVHLQHP6FKLIIEULQJHQ'HUVHOEH5RERWWUXJGDVNOHLQHVLJDQHVLVFKH6FKLIILQ GDV %RRW 7HNHQHUV XQG .HQQRQV 7DWVlFKOLFK VWDUWHWH GLH +$33< '$< HLQH KDOEH 6WXQGHVSlWHU 2KQHGDMHPDQGHVK|UHQNRQQWHXQWHUKLHOWHQVLFK.HQQRQXQG7HNHQHULQGHU 6WHXHU]HQWUDOHGHV6FKLIIHV ³2EHUVW0\RQJ.DLWRLVWYRUEHUHLWHW:DVGHQNVWGX.HQ´ ³ IUDJWH 7HNHQHU .HQQRQ ]RJ GLH 6FKXOWHUQ KRFK :HQQ HV QLHPDQG ZXWH ZUGH NHLQ QRFK VR VFKDUIHV $XJHLKQ DOV 5RERWLGHQWLIL]LHUHQ -HGH HLQ]HOQH VHLQHU %HZHJXQJHQZDUDEVROXWPHQVFKOLFK ³,FKGHQNHHVZLUGQLFKWEHVRQGHUVHLQIDFKVHLQ(UVWHQVKDEHQZLUGDUXQWHU]X OHLGHQ GD DOOH 6LJDQHVHQ NOHLQ VLQG (LQ QRUPDOJURHU 0HQVFK ZlUH OHLFKWHU ]X HQWGHFNHQ$EHUILQGHHUVWHLQPDOHLQHQ:LFKWHOPDQQGLHVHU*U|HZHQQHUVLFKQLFKW HUZLVFKHQODVVHQZLOO´ ³8QGGHU+LQWHUJUXQG"´ .HQQRQ KDWWH HLQHQ 9RUVFKODJ SDUDW (V PXWH VLFK DOOHUGLQJV QRFK EHZHLVHQ REGLHVH7KHVHDXFKGHQ7HVWGHUUDXKHQ:LUNOLFKNHLWEHVWDQG 1DFKGHQNOLFKIKUWH6LQFODLU0DURXW.HQQRQDXV ³=ZHLIHOORV PDFKW VLFK HLQ %HZRKQHU 6LJDV GHQ 1LPEXV GHU DOWHQ 6DJHQ ]XQXW]H XP XQJHVW|UW GRUW LQ MHQHP JHKHLPQLVYROOHQ .RQWLQHQW DUEHLWHQ ]X N|QQHQ $EHU HEHQVR VLFKHU LVW IU PLFK GD GDV =LHO GHV 8QEHNDQQWHQ HLQH $UW +HUUVFKDIW GXUFK7HUURULVW'DIUVLQGGLH6LJDQHVHQQLFKWJHVFKDIIHQ.DQQVWGXGLUHLQHQ=ZHUJ YRUVWHOOHQGHUGLH0DFKWLQGHU*DOD[LVDQVLFKUHLHQZLOO´(UNDQQPLW$UNRQERPEHQ ZHUIHQXQGHUZUGHLPPHUQRFKDXVJHODFKWZHUGHQ $XI DOOH )lOOHGDV LVW PHLQH XQEHZLHVHQH 0HLQXQJ²VWHFNW HLQ QRUPDOJURHV :HVHQGDKLQWHU0LQGHVWHQVYRQGHU*U|HHLQHV7HUUDEHZRKQHUV´ .HQQRQDKQWHQLFKWGDHUDXIHLQHVFKUHFNOLFKH:HLVHUHFKWEHKDOWHQZUGH 'DVDOOHVODJQRFKLQZHLWHU)HUQH (VZUGHVLFKHUVWQDFKGHU/DQGXQJDXI6LJDKHUDXVVWHOOHQ
'LH1DFKWGHU9XONDQH
M
$WODQ
$OYDQ'KDURPZHLJHUWHVLFK]XVWHUEHQ (U UDIIWH VLFK PLW JURHU .UDIWDQVWUHQJXQJ ZLHGHU DXI (U HUNDQQWH ]ZDU GHQ %DXP QLFKW DOV HLQHQ VROFKHQ DEHU GLH ZXFKWLJHQ :XU]HOQ ERWHQ VHLQHQ +lQGHQ XQG )HQJHQJHQG+DOW(UNOHWWHUWHZHLWHUDXIGDVIHUQH/LFKWDP+RUL]RQWZHLWHUGDVKLQ XQG ZLHGHU GXUFK GLH =ZHLJH GLH LQHLQDQGHU YHUILO]WHQ 5DQNHQ XQG GLH %OlWWHU VFKLPPHUWH ³'XUVW´ODOOWHHU (UZHLJHUWHVLFK]XVWHUEHQXQGHUIKOWHZLHHUYHUGXUVWHWH²XQGDKQWHGXPSI GD HU LQ NXU]HU =HLW WDWVlFKOLFK WRW VHLQ ZUGH 6RYLHO OHLVWHWH VHLQ YHUZRUUHQHU 9HUVWDQG QRFK DOV VLFK $OYDQ GXUFK GLH $XVOlXIHU GHU 7R\NLVFKHQ :LOGQLV NlPSIWH -HW]WZDUHVVSlWHU1DFKPLWWDJDEHUGLHEDUEDULVFKH+LW]HDP%RGHQGHV'VFKXQJHOV UDXEWHLKPGHQOHW]WHQ5HVWNODUHUhEHUOHJXQJ *UDXHQKDIWH(UOHEQLVVHODJHQKLQWHU$OYDQ (U ZDU JHIORKHQ XQG KlWWH VLFK GXUFK GLH :LOGQLV JHNlPSIW *HJHQ GLH ULHVLJHQ *HZlFKVH XQG GLH JLJDQWLVFKH )DXQD GLH LQ LKQHQ OHEWH ZDU HU HLQH $PHLVH HLQ *QRP (U KDWWH DOV HU QRFK HLQH :DIIH EHVD GLH $QJULIIH GHU VSULQJHQGHQ XQG NULHFKHQGHQ ,QVHNWHQ JXW DEZHKUHQ N|QQHQ DEHU GDQQ DOV GLH 0DJD]LQH OHHU ZDUHQ PXWHHUGLH:DIIHZHJZHUIHQ (LQULHVLJHU7DJIDOWHUKDWWHLKQDQJHJULIIHQXQGQXUGLH)lKLJNHLWGHU6LJDQHVHQ EHUUDVFKHQGZHLWVSULQJHQ]XN|QQHQKDWWHLKPPHKUPDOVGDV/HEHQJHUHWWHW9|OOLJ DXVJHSXPSWKDWWHHUVLFKYHUVWHFNWJHKDOWHQXQGZDUEHL$QEUXFKGHU'XQNHOKHLWZHLWHU JHVWROSHUW 'HU%RGHQGHV'VFKXQJHOVZDUGLH+|OOH 1DXQGYRQ0RUDVWEHGHFNW%OlWWHUWRWH7LHUHXQGPRGHUQGHV+RO]ELOGHWHQGLH +LQGHUQLVVH DQ GHQHQ VLFK 'KDURP GLH 6FKLHQEHLQH ZXQGVFKOXJ GLH .QLH DXIUL XQG GLH6WLHIHO]HUIHW]WH9RQGHP:DVVHUGDVHUIDQGZDJWHHUQXU]ZHLPDOLQGHUODQJHQ 5HLKH YRQ 7DJHQ ]X WULQNHQ XQG HU EH]DKOWH GLHVHV 5LVLNR PLW 6FKPHU]HQ LQ VHLQHQ (LQJHZHLGHQ XQG HLQHU WRWDOHQ (UVFK|SIXQJ DXV GHU HU VLFK QLHPDOV ZLHGHU HUKROHQ ZUGH (U NODPPHUWH VLFK DQ GLH ULVVLJH 5LQGH HLQHV JHVWU]WHQ %DXPVWDPPHV XQG EOLHENHXFKHQGVWHKHQ9RUVHLQHQ$XJHQGUHKWHVLFKGLH6]HQHULHLQHLQHPUDVHQGHQ :LUEHO6HLQ*HLVWZDUY|OOLJYHUZLUUW ³:DVVHU .DIIHH 7HH ´ ODOOWH HU (LQH VLQQORVH /LWDQHL NDP YRQ VHLQHQ /LSSHQ (U EFNWH VLFK XQWHU GHP %DXPVWDPP XQG NURFK DXI DOOHQ YLHUHQ ZHLWHU (LQ =XJVLJDQHVLVFKHU$PHLVHQJURZLHVHLQ8QWHUDUPNDPDXILKQ]X(UVDKGLH$XJHQ GHU7LHUHSKRVSKRUHV]LHUHQGJOKHQ ³1HLQ 1HLQ´ VFKULH HU XQG UDQQWH ZHLWHU (U ZXQGHUWH VLFK QLFKW HLQPDO PHKU ZRKHUHUGLHVH.UDIWUHVHUYHQKHUKROWH 'DPDOV DOV HU QRFK GHQ )OXJDQ]XJ EHVHVVHQ KDWWH NRQQWH HU GLH 5LFKWXQJ VHLQHU )OXFKW HLQLJHUPDHQ JXW EHVWLPPHQ (U KDWWH VLFK QDFK GHP JHOEJUQHQ 'UHKIHXHU HLQHV /HXFKWWXUPHV JHULFKWHW GHU NLORPHWHUZHLW HQWIHUQW ZDU XQG GHQ ZHQLJHQ)LVFKHUQGHUNOHLQHQ6LHGOXQJKDOI ³,FKGDUIQLFKWVWHUEHQ´NHXFKWHHUXQGUDQQWHODQJVDPEHUHLQH)OlFKHGLH DXV )HLQNLHV EHVWDQG 'DV NQLUVFKHQGH *HUlXVFK VHLQHU 6FKULWWH ORFNWH HLQHQ 6DODPDQGHU KHU GHU LKQ YHUIROJWH 'KDURP EFNWH VLFK KRE HLQLJH .LHVHO DXI XQG
'LH1DFKWGHU9XONDQH
M
$WODQ
VFKOHXGHUWHVLHQDFKGHP7LHU ³:HLWHU´ 6HLQH*HGDQNHQZXUGHQIUHLQHQNXU]HQ$XJHQEOLFNNODU(UZXWHMHW]WZRHU VLFKEHIDQG ,P 'VFKXQJHO GHV ,QVHONRQWLQHQWV 0\VWUR GLUHNWQ|UGOLFK GHV $TXDWRUV JHOHJHQ =ZLVFKHQLKPXQGGHU6LHGOXQJODJHQQDFKHLQDQGHUHLQ6WUHLIHQXUZHOWOLFKHU'VFKXQJHO GDQQHLQEUHLWHUDXVJHWURFNQHWHU)OXODXI²GDV%HWWHLQHVSHULRGLVFKHQ)OXVVHV'DQQ EHJDQQHQ GLH )HOGHU XQG :LHVHQ GHU 6LHGOHU GLH VLFK DQ GLH 0DXHU GHV 2UWHV DQVFKORVVHQ XQG DQ HLQLJHQ 6WHOOHQ GDV :DVVHU EHUKUWHQ GHQ ODQJHQ 6WUDQG GHV .RQWLQHQWHV (U EHZHJWH VLFK MHW]W HWZD LQ VGOLFKHU 5LFKWXQJ *HODQJ HV LKP GHQ 'VFKXQJHO ]X GXUFKTXHUHQ GDQQ ZDU HU YLHOOHLFKW JHUHWWHW (U EUDXFKWH QXU QRFK JHUDGHDXVZHLWHU]XJHKHQ ³:DVVHU(VVHQ.DIIHH´VDJWHHU :LHGHU YHUZLUUWHQ VLFK VHLQH *HGDQNHQ 'LHVHU 8PVWDQG UHWWHWH LKQ IU GHQ $XJHQEOLFNGHQQHUDNWLYLHUWHXQEHZXWH.UlIWHGLHLQLKPVFKOXPPHUWHQ $OYDQ'KDURPHLQHLQXQG]ZDQ]LJ=HQWLPHWHUJURHUXQGEUHLWVFKXOWULJHU0DQQ NlPSIWHVLFKZHLWHUDXIVHLQHPHLQVDPHQ:HJGXUFKGHQ8UZDOG0\VWURV =XHUVW EHUZDQG HU GLH .LHVIOlFKH XQG NDP DQ HLQHQ ULHVLJHQ )OHFN DQ GHP %OXPHQ ZXFKVHQ 6LH URFKHQ EHWlXEHQG 6LH KlWWHQ GLFNH IOHLVFKLJH 6WHQJHO XQG EUHLWHWHQ VLFK HLQLJH 0DQQVK|KHQ EHU 'KDURP DXV (U ZDQGHUWH ]ZLVFKHQ LKQHQ HQWODQJZLHGXUFKHLQHQ3DUN$OVHUHWZD]ZDQ]LJ6FKULWWH]XUFNJHOHJWKDWWHILHOHLQ HLQ]LJHU7URSIHQDXIVHLQH6FKXOWHUVLFNHUWHGXUFKGLH)HW]HQGHU.OHLGXQJXQGEUDQQWH VLFKLQVHLQH+DXW ³1HLQ´NUHLVFKWH'KDURPDXI (U UDQQWH ZHLWHU VWUHLIWH PLW GHU 6FKXOWHU HLQHQ GHU IOHLVFKLJHQ 6WHQJHO XQG VFKDEWHVLFKGLHKDU]lKQOLFKH)OVVLJNHLWYRQGHU+DXW(UIKOWHGHQ6FKPHU]ZLHHLQH :HOOHGXUFKVHLQHQ.|USHUZDQGHUQ²GLH6FKXOWHUPXWHYHUEUDQQWVHLQ6RDOVRILQJHQ GLHVH3IODQ]HQLKUH1DKUXQJHLQ$OVHUZHLWHUUDQQWHLP=LFN]DFN]ZLVFKHQGHQ6WLHOHQ KLQGXUFK PHUNWH HU QLFKW PHKU GD HU GXUFK HLQHQ +DJHO ]lKHU NOHEULJHU 7URSIHQ UDQQWHGLHYRQREHQKHUDEDXILKQJHVFKOHXGHUWZXUGHQ6LHKLQJHQDQHLQHPGQQHQ $GKlVLRQVIDGHQXQGZXUGHQZLHGHUODQJVDPHLQJH]RJHQDOVVLHQLFKWJHWURIIHQKDWWHQ (QGOLFKHUUHLFKWHHUZLHGHUGHQWURFNHQHQ%RGHQ]ZLVFKHQGHQIODFKHQ:XU]HOQ GHU WHUUDQLVFKHQ 1DGHOJHZlFKVH GLH KLHU PXWLHUW ZDUHQ 6LH ZXFKVHQ QLFKW PHKU JHUDGH VRQGHUQ LKUH bVWH NQLFNWHQ VLFK LPPHU LQ UHFKWHQ :LQNHOQ 6LH ELOGHWHQ HLQH JUQHKDU]LJH0DXHU .HXFKHQGXQGPLW]LWWHUQGHQ.QLHQKLHOWHUDQ ³,FKZHUGHVWHUEHQ'DVLVWJHZL´VlJWHHUOHLVH 'LH 9HU]ZHLIOXQJ XQG GLH 9HUZLUUXQJ GHV 9HUVWDQGHV NDPHQ LQ :HOOHQ ZLH GLH %UDQGXQJDQGHU.VWH$EHUGLHKHOOVLFKWLJHQ3DXVHQ]ZLVFKHQGHQHLQ]HOQHQ3KDVHQ GHU *HLVWHVYHUZLUUXQJ ZDUHQ LPPHU VHOWHQHU XQG NU]HU GLH WRWDOH 9HUZLUUXQJ OlQJHU XQGLQWHQVLYHU (UVFKDIIWHHVQRFKLQGLHVHU1DFKWGHQ:DOGVWUHLIHQKLQWHUVLFK]XODVVHQ'DQQ UXWVFKWH HU HLQHQ VWHLOHQ $EKDQJ KLQXQWHU ]XVDPPHQ PLW HLQHU /DZLQH DXV JUREHP 6DQGXQGIHLQHP*HVWHLQ(UODQGHWHLP)OXEHWWXQGIDQGQDFKHLQLJHU6XFKHDXFKHLQ :DVVHUORFK 'RUW ILHO HU KLQHLQ VWUHFNWH VLFK DXV XQG WUDQN :DVVHU LQ NOHLQHQ 6FKOXFNHQ
'LH1DFKWGHU9XONDQH
M
$WODQ
(UVDKQLFKWGHQ7LHUNDGDYHUGHUHLQ6WFNZHLWHUHQWIHUQWYRQLKPODJXQGKDOE ]HUIUHVVHQYRQ9|JHOQ)OLHJHQ0DGHQXQG5DXSHQZDU ,QGHU*OXWGHU0LWWDJVVRQQHJLQJXQGOLHIHUZHLWHU (UIKOWHVLFKDXVJH]HLFKQHWELVGLH5lQGHUGHU)HOGHUDXIWDXFKWHQ'DQQWUD LKQGLH9HUJLIWXQJZLHHLQH5HLKHYRQ6FKOlJHQGLHVHLQH(LQJHZHLGHKHLPVXFKWHQ(U NUPPWHVLFK]XVDPPHQXQGVFKULHYRU6FKPHU]HQJHOOHQGDXI(LQ)DUPHUGHUVHLQHQ 5RERWSIOXJEHUHLQULHVLJHV)HOGVWHXHUWHK|UWHGLH6FKUHLHXQGNDPKHUDQJHODXIHQ (U HUNDQQWH ]LHPOLFK VFKQHOO QRFK HKH GLH KHUEHLJHUXIHQH 3ROL]HL HLQWUDI ZDV KLHUYRUJHIDOOHQZDU (QGOLFK DOV GHU 0DQQ LP 6FKDWWHQ GHU )DKUHUNDELQH DXVJHVWUHFNW ODJ XQG )UXFKWVDIW JHWUXQNHQ KDWWH HUVFKLHQHQ HLQLJH GHU VHLW HLQLJHQ :RFKHQ KLHU SDWURXLOOLHUHQGHQ3ROL]LVWHQGHU7ROHUDQ]WUXSSH 'HU HUVWH 0DQQ HLQ 6HUJHDQW ZDUI QXU HLQHQ VFKQHOOHQ %OLFN DXI GHQ 6WHUEHQGHQGDQQVDJWHHU ³$OYDQ'KDURP(UJLOWDOV9HUPLW(LQHQ$U]WVFKQHOO´ 'HU$U]WNDPXQGVFKWWHOWHGHQ.RSI¶(UOXGGLH,QMHNWLRQVVSULW]HXQGJDEHLQLJH $QRUGQXQJHQ'LHVHU0DQQZDUQLFKWPHKU]XUHWWHQDEHUVLHNRQQWHQLKPGDV6WHUEHQ ZHVHQWOLFKHUOHLFKWHUQ 'LH6SULW]H]LVFKWHPHKUPDOVDXI'LH0HGLNDPHQWHEHUIOXWHWHQGHQ.UHLVODXI¶ GHV6WHUEHQGHQXQGO|VFKWHQVFKODJDUWLJVHLQH6FKPHU]HQDXV 9RQ GHU +DQG GHV 6HUJHDQWHQ JHVWW]W ULFKWHWH 'KDURP GHQ .RSI DXI XQG |IIQHWHGLH$XJHQ'HU6HUJHDQWVFKRELKPYRUVLFKWLJGDVYHUILO]WH+DDUDXVGHU6WLUQ 'HU 0DQQ WUXJ DP JDQ]HQ .|USHU GLH :XQGHQ YRQ ,QVHNWHQ XQG 6WU]HQ YRQ GHQ 6FKUDPPHQXQG$EVFKUIXQJHQ ³:RKHUNRPPHQ6LH'KDURP"´IUDJWHGHU6HUJHDQWOHLVH ³9RP,QQHUQHQWIKUWJHIORKHQ8OWUD.KRRQ´ 'HU6HUJHDQWPHUNWHGDVLFKGHU.|USHUGHV0DQQHVZLHLP.UDPSIYHUVWHLIWH 'HU0XVNHOLP1DFNHQZXUGHKDUWZLHHLQ6WFN+RO] ³8OWUD.KRRQ"´IUDJWHGHU6HUJHDQW³:HULVWGDV"´ $OYDQ 'KDURP OlFKHOWH LKQ DQ GDQQ HUVFKODIIWHQ VHLQH 0XVNHOQ ZLHGHU (U IOVWHUWHQRFK ³8OWUD.KRRQGHU+HUUGHV/DE\ULQWKV´ 'DQQ VFKOR HU GLH $XJHQ DWPHWH WLHI HLQ XQG DXV XQG OlFKHOWH DEHUPDOV (U VWDUE 'HU$U]WXQGGHU6HUJHDQWVDKHQVLFKVFKZHLJHQGDQ ³$XV HLQHP 9HUGDFKW LVW MHW]W IDVW *HZLKHLW JHZRUGHQ :R LPPHU GLHVHU DUPH .HUOKHUNRPPWHULVWGHP8OWUD.KRRQHQWZLVFKW'DVEHGHXWHWGDGLHVHU9HUEUHFKHU LUJHQGZR LP /DQGHVLQQHUQ KDXVW ,Q HLQHP 'LQJ GDV PDQ DOV /DE\ULQWK EH]HLFKQHQ NDQQ´ 'HU $U]W GHXWHWH DXI HLQH :XQGH GLH GXUFK HLQHQ JHULVVHQHQ *XUW YHUXUVDFKW ZRUGHQZDU ³9HUPXWOLFK WUXJ 'KDURP HLQ )OXJDJJUHJDW (U NDQQ DOVR HLQH ZHLWH 6WUHFNH ]XUFNJHOHJWKDEHQ´ ³5LFKWLJ $OVR ZDU HV YRQ 9RUWHLO GLH 0HQJH GHU 3DWURXLOOHQ KLHU KHUXP ]X YHUVWlUNHQ,QIRUPLHUHQZLH*HQHUDO+RO´ 6LH GUHKWHQ VLFK XP XQG JLQJHQ ]XUFN ]X LKUHP *OHLWHU =ZHL DQGHUH 0lQQHU
'LH1DFKWGHU9XONDQH
M
$WODQ
WUXJHQ GHQ 7RWHQ DXV GHP 6FKOHSSHU GHV )DUPHUV KHUDXV XQG GHFNWHQ LKQ YRUVLFKWLJ ]X QDFKGHP VLH LKQ LQ GHQ ]ZHLWHQ 3ROL]HLJOHLWHU YHUODGHQ KDWWHQ 'DQQ ZXUGH GDV )XQNJHUlWDNWLYLHUW=DKOUHLFKH6FKDOWXQJHQHUIROJWHQELVHQGOLFKIDVWEHL(LQEUXFKGHU 1DFKWGHU6DDOHUUHLFKWZXUGH'RUWK|UWHGHU*HQHUDOGLH,QIRUPDWLRQ (LQHU GHU 9HUVDPPHOWHQ EHZHJWH HLQHQ +HEHO GHV 6WHXHUJHUlWHV XQG DQ GHU 6WHOOH DQ GHU PDQ GHQ 6WHUEHQGHQ JHIXQGHQ KDWWH HUVFKLHQ DXI GHU .DUWHQYHUJU|HUXQJHLQVFKZDU]HU3XQNW ³6HKU DXIVFKOXUHLFK´ VDJWH /HP\ 'DQJHU ZWHQG ³'LHVHU .HUO KDW DOVR PLW JU|WHU :DKUVFKHLQOLFKNHLW QLFKW QXU 9HUEUHFKHU JH]FKWHW VRQGHUQ GDV 0DWHULDO IU VHLQH YHUEUHFKHULVFKHQ 9HUVXFKH DXFK QRFK HQWIKUW $OYDQ 'KDURP LVW EHL GHP 9HUVXFK]XHQWIOLHKHQXPJHNRPPHQ´ 0DUNKD+ROQLFNWH ³:LU N|QQHQ WDWVlFKOLFK DOOH DQGHUHQ 0|JOLFKNHLWHQ DXVVFKDOWHQ 'LH 6SXU IKUW HLQGHXWLJ QDFK 0\VWUR 'LHVHU )OXFKWYHUVXFK NDQQ NHLQ $EOHQNXQJVPDQ|YHU JHZHVHQ VHLQGHQQQLHPDQGZHLGDZLUVXFKHQ´ ³5LFKWLJ´VDJWH&DSWDLQ3\FR³:DQQVWDUWHQZLU"´ 'HU*HQHUDOGHXWHWHDXIHLQH8KUXQGHUZLGHUWH ³,Q HLQHU 6WXQGH JHKHQ 6LH GXUFK GHQ 7UDQVPLWWHU XQG NRPPHQ LQ XQVHUHP +DXSWTXDUWLHULQ0\VWRUDKHUDXV´ ,Q]ZLVFKHQZDUHQ)UDJHQXQG$QWZRUWHQ9HUPXWXQJHQXQG,QIRUPDWLRQHQQlKHU XQWHUVXFKW ZRUGHQ $OOH 6LJDQHVHQ GLH PLW GHU *HVFKLFKWH LKUHV 3ODQHWHQ YHUWUDXW ZDUHQ EHVWlWLJWHQ EHUHLQVWLPPHQG GD GHU %HJULII 7R\NLVFKH :LOGQLV LGHQWLVFK PLW HLQHUDQWLNHQ%H]HLFKQXQJIUGHQ,QVHONRQWLQHQW0\VWURZDU 'LH )DKQGXQJ ZDU VWUHQJVWHQV JHKHLPJHKDOWHQ ZRUGHQ 1XU ZHQLJH DXVJHVXFKWH.RPPDQGRVZXWHQGDYRQ 2KQHKLQ ZDU GLH VLJDQHVLVFKH 6SH]LDOSROL]HL HLQH (OLWHWUXSSH 'LH IlKLJVWHQ .|SIHYHUVDPPHOWHQVLFKLQGLHVHU]DKOHQPlLJJHULQJHQ*UXSSH-HGHUYRQLKQHQZDU LQGHU/DJHGLHJURHQ=XVDPPHQKlQJHNODU]XHUNHQQHQ1RFKPHKUDOVDOOHDQGHUHQ ([HNXWLYRUJDQH XQG GHUHQ 0LWJOLHGHU XQWHUODJ GLH 7ROHUDQ]WUXSSH GHP DXVJHSUl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lIWHGLHQWHVDJWH*HQHUDO0DUNKD+RO ³,KUH $XVUVWXQJ LVW EHUHLWV SHU 7UDQVPLWWHU LQ 0\VWRUD 2EHUVW ,FK KDEH HLQHQ NOHLQHQ,PELYRUEHUHLWHQODVVHQ'DUILFK,KUH0lQQHUXQG6LHGD]XHLQODGHQ"´ &RUWR3DGLOORPXUPHOWH ³+HQNHUVPDKO]HLW³ ³0LW9HUJQJHQ´JDE'DQJHU]XU$QWZRUW³:LUVWDUWHQLP0RUJHQJUDXHQ´ :lKUHQGVLFKGLHYLHU6SH]LDOLVWHQ]X7LVFKVHW]WHQLQIRUPLHUWH*HQHUDO+ROGHQ
'LH1DFKWGHU9XONDQH
M
$WODQ
WHUUDQLVFKHQ %RWVFKDIWHU YRP QHXHVWHQ 6WDQG GHU (UPLWWOXQJHQ 9RQ GRUW DXV VWUDKOWH GLH ,QIRUPDWLRQ ZHLWHU ELV ]X $WODQ DXI 7HUUD EHU GHQ PlFKWLJHQ (PSIlQJHU YRQ ,PSHULXP$OSKD .DLWR IXQNWH GDV 6FKLII GHU EHLGHQ´ %HGUlQJWHQKHOIHU´ DQ XQG EHUPLWWHOWH7HNHQHUXQG.HQQRQHLQHQLGHQWLVFKHQ7HVW 'HU5LQJXPGHQ+HUUQGHV/DE\ULQWKVEHJDQQVLFK]XVDPPHQ]X]LHKHQ 1DFKGHPVLHDXIJHVWDQGHQZDUHQXQGVLFKJHZDVFKHQVLFKDQJH]RJHQXQGLKU )UKVWFN HLQJHQRPPHQ KDWWHQ SURELHUWHQ VLH QRFK HLQPDO GLH )HUQVWHXHUXQJ LKUHV NOHLQHQ /DVWHQJOHLWHUV DXV GHU LKQHQ IROJHQ VROOWH 6LH VWDQGHQ DXI GHP 'DFK HLQHV YLHU]LJJHVFKRVVLJHQ *HElXGHV DP lXHUVWHQ 5DQG YRQ 0\VWRUD 9RU LKQHQ LQ Q|UGOLFKHU5LFKWXQJGHKQWHVLFKGHUJHKHLPQLVYROOH.RQWLQHQWDXV /HP\'DQJHUVDJWH ³6lPWOLFKHQ )XQNNDQlOH DUEHLWHQ SHUIHNW :LU KDEHQ PLW DOOHQ 6WHOOHQ EHVWHQ .RQWDNW 1XU ZHL LFK QLFKW ZRIU GHU OHW]WH .DQDO LVW $EHU ZLU ZHUGHQ HV GDQQ HUIDKUHQZHQQXQVMHPDQGDXIGLHVHP.DQDODQUXIW´ 6LH VWHFNWHQ LQ VFKZHUHQ $Q]JHQ )OXJDJJUHJDWH PLW 'RSSHOVFKUDXEHQ ZDUHQ DQLKUHQ5FNHQWRUQLVWHUQEHIHVWLJW 'HU .RQWLQHQW GHU YRU LKQHQ ODJ ZDU DQQlKHUQG UXQG XQG GXUFKPD DQ VHLQHU EUHLWHVWHQ6WHOOHKXQGHUWIQI]LJ.LORPHWHU(UZDUYRPlTXDWRULDOHQ0HHUXPJHEHQXQG EHVD HLQH YLHOIlOWLJH $XVZDKO YRQ .VWHQDUWHQ 6DQGNVWH PLW NLORPHWHUODQJHQ 6WUlQGHQ )HOVNOLSSHQ JHJHQ GLH %UDQGXQJ KlPPHUWH (LQ SDDU YHUVXPSIWH 0QGXQJVGHOWDV VWHLQLJH .VWH VROFKH PLW :lOGHUQ GLFKW EHU GHP :DVVHU XQG %lXPHQ GLH YRP :LQGVFKOLII YHUIRUPW ZDUHQ XQG HLQVDPH %XFKWHQ GLH YRQ YXONDQLVFKHP$XVZXUIPDWHULDOJHELOGHWZRUGHQZDUHQ8P]ZHL'ULWWHOGHV.RQWLQHQWV DP GLFKWHVWHQ KLHU LQ GHU 8PJHEXQJ GHU 6WDGW 0\VWRUD ODJ HLQ EUHLWHU *UWHO DXV QXU ]XP7HLONXOWLYLHUWHP:DOG'HU5HVWZDUHQ'VFKXQJHOXQG0DFFKLD 3\FRNODSSWHGDV9LVLHUGHV+HOPHVKRFKJULQVWH'DQJHUDQXQGIUDJWH ³:RQDFKVXFKHQZLUHLJHQWOLFK2EHUVW"´ ³1DFKGHUYHUORUHQHQ(KUHGHU6LJDQHVHQ&DSWDLQ´HUZLGHUWH'DQJHUHUQVW 1LHPDQG DXI 6LJD KDWWH LKQHQ JHQDX VDJHQ N|QQHQ ZHU RGHU ZDV HLQ 8OWUD.KRRQZLUNOLFKZDU9LHOOHLFKWZDUHVHLQVLJDQHVLVFKHU:LVVHQVFKDIWOHUMHGRFKZDU DXFKHLQH$Q]DKODQGHUHU'HXWXQJHQP|JOLFK/HP\'DQJHUVFKDOWHWHGHQ$QWULHEGHU )OXJVFKUDXEH DQ ZDUI HLQHQ %OLFN DXI GLH VRUJIlOWLJ YHUVFKQUWH $XVUVWXQJ DXI GHP NOHLQHQ*OHLWHUXQGVDJWH ³'HU(LQVDW]EHJLQQW/RV´ 0LW EUXPPHQGHQ 6FKUDXEHQ VFKZDQJHQ VLH VLFK YRP 'DFK 'HU 3RVWHQ VDK LKQHQ QDFK XQG VDOXWLHUWH IOFKWLJ 'LH .|USHU UDVWHQ VFKUlJ DEZlUWV GLH )OXJODJH VWDELOLVLHUWH VLFK XQG GDQQ JLQJHQ VLH VFKUlJ QDFKHLQDQGHU LQ HLQHQ UXKLJHQ 6WHLJIOXJ EHU 6LH ZXWHQ GD GHU *UQVWUHLIHQ UXQG XP GHQ ,QVHONRQWLQHQW LQ GHQ OHW]WHQ :RFKHQPHKUPDOVGXUFKVXFKWZRUGHQZDU'RUWEUDXFKWHQVLHVLFKQLFKWDXI]XKDOWHQ 6LHVWLHHQLQGDVYXONDQLVFKH+HU]GHU,QVHOYRU =XQlFKVW ODJHQ XQWHU LKQHQ QRFK GLH ULHVLJHQ UHFKWHFNLJHQ )HOGHU UXQG XP GLH 6LHEHQPLOOLRQHQVWDGW (LQ]HOQH *HElXGH )DUPHQ XQG 6LORV ULHVLJH *HZlFKVKlXVHU XQGVFKPDOH6WUDHQXQWHUEUDFKHQGLH(LQW|QLJNHLWGHUYRUZLHJHQGIODFKHQ/DQGVFKDIW ,QGHU)HUQHVWDQGZLHHLQHJHZDOWLJH0DXHUGHU5DQGGHV'VFKXQJHOV+LQWHULKQHQ EOLHE GLH .VWH ]XUFN 6LH ODJ MHW]W LP PRUJHQGOLFKHQ 'XQVW DXV GHP VLFK HLQ]HOQH
'LH1DFKWGHU9XONDQH
M
$WODQ
ZHLH:RONHQHUKREHQXQGEHUGHQ+LPPHO]XVHJHOQEHJDQQHQ ³+LHU2WULQRW´NDPHVDXVGHQ+HOPODXWVSUHFKHUQ/HP\'DQJHUV³%HKDOWHQZLU GLHHEHQHLQJHVFKODJHQH5LFKWXQJEHL"³ ³6HOEVWYHUVWlQGOLFK´JDE'DQJHU]XUFN³:LUIOLHJHQQDFK0|JOLFKNHLWEHUGHQ 'VFKXQJHOKLQZHJXQGVHKHQXQVGDV*HOlQGHGDKLQWHUJHQDXDQ´ ³3\FR KLHU 'DV LVW HLQH 6WUHFNH YRQ UXQG GUHLLJ .LORPHWHUQ 'DQDFK HUVWH 6WDWLRQ"´ ³(LQYHUVWDQGHQ YRQ PLU DXV´ HUZLGHUWH /HP\ ³+LHU ]ZLVFKHQ :DOG XQG 6WDGW ILQGHQZLUQLFKWV+LHUZUGHVLFKQXUHLQ6FKZDFKVLQQLJHUYHUEHUJHQ´ 3DGLOORYHUlQGHUWHVHLQH3RVLWLRQLQQHUKDOEGHU*UXSSHXQGVFKORGDQQ ³$XHUGHPPVVHQZLUGHQ*OHLWHUQDFKKROHQ,FKNPPHUHPLFKVHOEVWGDUXP´ ³(QGH´VDJWH'DQJHU 6LHVWLHJHQK|KHUXQGPLWWHQLQGLHVHU%HZHJXQJZXUGHQVLHYRP$XIWULHEGHV KHLHQ :LQGHV HUIDW $XV GHQ :lOGHUQ XQWHU LKQHQ HUKRE VLFK HLQ IHXFKWZDUPHU %URGHP'LHGUHL6LJDQHVHQKLQWHU'DQJHUZXUGHQDXVHLQDQGHUJHZLUEHOWXQGVWHXHUWHQ HQWJHJHQ GHU %HZHJXQJ %DOG VFKORVVHQ VLH ZLHGHU DXI XQG EOLHEHQ KLQWHUHLQDQGHU LQ GHU/XIW :HQQ VLH VFKUlJ QDFK YRUQ EOLFNWHQ NRQQWHQ VLH KLQWHU GHP 'VFKXQJHOVWUHLIHQ EHUHLWVGLHHUVWHQODQJHQ+lQJHVHKHQGLHYRQ6FKLFKWODYDJHELOGHWZRUGHQZDUHQ,Q GHU 0RUJHQOXIW GHUHQ 7UDQVSDUHQ] PLW MHGHU 0LQQWH PHKU ZXFKV HUKREHQ VLFK GLH IHUQHQ 6SLW]NHJHO GHU 9XONDQH 9RQ HLQHP GHU IHXHUVSHLHQGHQ %HUJH VWDFK HLQH 5DXFKIDKQH VHQNUHFKW LQ GLH +|KH XQG ]HUIDVHUWH LP XQWHUHQ %HUHLFK GHU +RFKDWPRVSKlUH 'LHVHQ:HJNDQQ$OYDQ'KDURPJHIORKHQVHLQEHUOHJWH/HP\(UNODSSWHDOV GLH 6RQQHQVWUDKOHQ ]X VFKDUI ZXUGHQ GHQ )LOWHU GHV +HOPHV KHUXQWHU XQG VDK GLH /DQGVFKDIWXQWHUVLFKQXQGXUFKHLQHQJHW|QWHQ)LOWHUVFKOHLHU 6LHZDUYRQHUVFKUHFNHQGHUgGH ,KUH HLJHQWOLFKH 'UDPDWLN HQWKOOWH VLH HUVW ZHQQ PDQ YHUVXFKWH GLHVH (LQ|GH ]X)X]XGXUFKZDQGHUQRGHUPLWHLQHP*OHLWHU]XGXUFKIDKUHQ $XV GHU NUHLGHZHLHQ VWDXELJHQ /DQGVFKDIW GHU +lQJH HUKREHQ VLFK KLHU XQG GRUW EUFKLJH )HOVHQ 6LH VDKHQ DXV ZLH HURGLHUWH 1DGHOQ ,KUH 6SLW]HQ GHXWHWHQ VWHLO LQV%ODXGHV+LPPHOV 8QKHLPOLFK GDFKWH 'DQJHU 'DV LVW GLH /DQGVFKDIW LQ GHU QLHPDQG VXFKHQ ZUGHZHLOLKPYRULKUVFKDXGHUWH 'DVNDQQGLH/DQGVFKDIWVHLQLQGHUVLFKGHU8OWUD.KRRQYHUELUJW 6LHHQWGHFNWHQHLQLJH0LQXWHQVSlWHUHLQ*OHLWHUZUDFNGDVVHKUDOWVHLQPXWH 'HU6WDXEYRQGHQZHFKVHOQGHQ:LQGHQXPKHUJHWULHEHQKDWWHGLH6FKDOH]XU+lOIWH YHUGHFNW XQG ELOGHWH LP :LQGVFKDWWHQ HLQH ULHVLJH ODQJH 'QH 'LH .RQWXUHQ GHU *HJHQG ZXUGHQ GXUFK GLH 5HIOH[LRQ GHV /LFKWV DXI GHP NUHLGHZHLHQ 8QWHUJUXQG DXIJHKREHQVRGDPDQJHZLVVH)RUPHQQXUHUNDQQWHZHQQVLH6FKDWWHQZDUIHQ /HP\'DQJHUVDJWHDOVVLHGHQHUVWHQ+DQJPLWGHQZXFKHUQGHQ)HOVHQKLQWHU VLFKJHODVVHQXQGHWZDGUHLLJ.LORPHWHU]XUFNJHOHJWKDWWHQ ³:LUODQGHQ)UHXQGH+ROWGHQ*OHLWHU,FKVXFKHHLQHQJQVWLJHQ3ODW]IUXQV´ ,Q HLQHU VFKUlJHQ )OXJEDKQ JLQJ 'DQJHU ]XU /DQGXQJ EHU (U QlKHUWH VLFK HLQHP)HOVHQGHUDXVGHU6SLW]HHLQHVNOHLQHQ+JHOVKHUDXVZXFKV'RUUWVDK/HP\
'LH1DFKWGHU9XONDQH
M
$WODQ
HLQLJH+|KOHQYLHOOHLFKWNRQQWHQVLHVLFKGRUWNXU]H=HLWDXIKDOWHQ-HGHQIDOOVKDWWHQVLH DXVGLHVHU3RVLWLRQHLQHQKHUYRUUDJHQGHQhEHUEOLFNEHUGDV*HOlQGHULQJVXP 1DFKGHP GHU *OHLWHU IHUQJHVWHXHUW QHEHQ LKQHQ JHODQGHW ZDU |IIQHWHQ VLH GLH 5DWLRQVSDNHWH XQG WUDQNHQ HLQLJH 6FKOXFNH )UXFKWVDIW PLW 9LWDPLQHQ XQG 0LQHUDO]XVlW]HQDQJHUHLFKHUW ³1LFKWVJHIXQGHQ"´NQXUUWH&RUWR3DGLOOR ³1RFKQLFKWV´EHVWlWLJWH'DQJHU (UOHKQWHLP6FKDWWHQDQHLQHUEUFKLJHQ)HOVZDQG/HP\'DQJHUVWDUUWHGXUFK GLH /LQVHQ HLQHV VFKZHUHQ 6SH]LDOIHOGVWHFKHUV (U VXFKWH 0HWHU XP 0HWHU GHV *HOlQGHVDE6SXUHQYHUORUHQH*HJHQVWlQGHHWZDVDQGHUHVHUZXWHQXUGDHU HWZDVVXFKWHDEHUQLFKWZDVHU]XILQGHQHUZDUWHWH ³+LHULVWHWZDV]XHVVHQ´VDJWH3\FRXQGKLHOW'DQJHUGDVRIIHQH5DWLRQVSDNHW HQWJHJHQ ³'DQNH´ (V ZDU IUKHU 1DFKPLWWDJ 'HU +JHO DXI GHVVHQ ]HUIUHVVHQHU .URQH GLH YLHU 6LJDQHVHQ PLW LKUHU $XVUVWXQJ ZDUWHWHQ ODJ DQ HLQHU HLJHQWPOLFKHQ *UHQ]OLQLH 6LH ]RJVLFKGRUWGXUFKGDV*HOlQGHZRGLHHUVWHQODQJHQ+lQJHDXIK|UWHQXQGLQHLQH$UW +RFKODQG EHUIKUWHQ 'LHVHV +RFKODQG GXUFKPD PHKU DOV IQI]LJ .LORPHWHU XQG EHVWDQG DXV HLQHU XQXQWHUEURFKHQHQ )ROJH YRQ 9XONDQHQ (V ZDUHQ 6SLW]NHJHO DXV GHUHQ 0DVVH HLQLJH %HUJH EHVRQGHUV KRFK DXIUDJWHQ ,QVJHVDPW DFKW 5DXFKVlXOHQ NRQQWHQ .DODVV 2WULQRW XQG &RUWR 3DGLOOR HUNHQQHQ DOV VLH GXUFK GDV IHVW PRQWLHUWH )HUQURKUGHV*OHLWHUVEOLFNWHQ 6LHDHQXQGWUDQNHQXQGVHW]WHQVLFKGDQQLQGHQ6FKDWWHQ*HUDGHDOV/HP\ VHLQHQ6LW]DXVHLQDQGHUIDOWHWHVXPPWHGDV)XQNJHUlW /HP\VFKDOWHWHHLQXQGVDJWH ³*UXSSH'DQJHUKLHU´ ³7ROHUDQ]WUXSSH *HQHUDO 0DUNKD +RO :LU KDEHQ HLQH ZLFKWLJH 'XUFKVDJH IU 6LH´ /HP\JDEGHQDQGHUHQHLQHQ:LQNXQGVLHVFKDOWHWHQLKUH+HOPJHUlWHDXIGLHVH 9HUELQGXQJ'DQJHUHUZLGHUWHNQDSS ³:LUK|UHQ*HQHUDO´ 'LH6WLPPHGHV&KHIVGHU7ROHUDQ]WUXSSHNODQJZLHGLHHLQHV0DQQHVGHUVHLW YLHOHQ1lFKWHQNHLQHQ6FKODIPHKUNDQQWH(UVDJWH ³,VW,KQHQ%ROWVFKD5HJXUHLQ%HJULII¶"´ ³-DZRKO (LQ EHUKPWHU VLJDQHVLVFKHU :LVVHQVFKDIWOHU 7UlJHU HV &UHVW *HGlFKWQLVSUHLVHVYRQYRUGUHLRGHUYLHU-DKU]HKQWHQ5LFKWLJ*HQHUDO¶"´ ³9ROONRPPHQ ULFKWLJ 'HU 3DUDELR.RQVWUXNWHXU LVW EHU WDXVHQG -DKUH DOW $OVR DXFKIUGLH/HEHQVHUZDUWXQJHQXQVHUHV9RONHVVHKUDOW'DVVFKHLQWXQVDOOHUGLQJVHLQ 7HLOHLQHUDXIZHQGLJDEHUGXUFKVFKDXEDUDXIJHEDXWHQ/HEHQVOJH]XVHLQ´ /HP\'DQJHU]XFNWH]XVDPPHQ ³,QZLHIHUQ"´HUNXQGLJWHHUVLFK ³:HLO´ NDP GLH 6WLPPH GHV *HQHUDOV ³GHU 3ODQHW 6LJD LP -lKU
'LH1DFKWGHU9XONDQH
M
$WODQ
]ZHLWDXVHQGXQG]ZHLEHVLHGHOWZXUGH:HOFKHV-lKUVFKUHLEHQZLUKHXWH"´ ³=ZHLWDXVHQGDFKWKXQGHUWHLQXQGYLHU]LJ´JDE2WULQRW]XU$QWZRUW 'HU*HQHUDOPHLQWH]XIULHGHQ ³$OVR NDQQ NHLQ HLQ]LJHU 6LJDQHVH lOWHU DOV DFKWKXQGHUWQHXQXQGGUHLLJ -DKUH VHLQ (V NDQQ MHGRFK VHLQ GD /HXWH GLH HLQ ZHLWDXV K|KHUHV $OWHU DQJHEHQ HLQLJH *URYlWHUYRQ7HUUDPLW]lKOHQ 'LH5HJLHUXQJIKUWEULJHQVHLQH$NWHEHU5HJXU ,Q GLHVHU $QODJH KDEH LFK VRHEHQ HUIDKUHQ GD 5HJXU YRQ GHU 5HJLHUXQJ GLH HLQPDOLJH %HIXJQLV HUKDOWHQ KDW RKQH MHGH 0HOGXQJ XQG RKQH 1DFKZHLV GHQ ,QVHONRQWLQHQW IU VHLQH ([SHULPHQWH ]X EHQXW]HQ (U LVW 6SH]LDOLVW IU EHVRQGHUH )RUVFKXQJVXQWHUQHKPXQJHQ´ /HP\'DQJHUPHLQWH ³6ROOWH %ROWVFKD 5HJXU VLFK KLHU DXIKDOWHQ ZHUGHQ ZLU LKQ VLFKHU ILQGHQ %LVKHULJH (UJHEQLVVH QHJDWLY :HOFKH $UW YRQ ([SHULPHQWHQ EHYRU]XJW GHU :LVVHQVFKDIWOHUHLJHQWOLFK"8QWHU3DUDELRNDQQVLFKQLHPDQGHWZDVYRUVWHOOHQ´ 'LH(UNOlUXQJYHUEOIIWHLKQQLFKWZHQLJ ³0DQ YHUPXWHWH ELVKHU HU VHL LQ GHU /DJH VHLQH QDWUOLFKHQ 6XJJHVWLYJDEHQ GXUFK0DVFKLQHQRGHU*HUlWHLQV8QHUPHOLFKH]XYHUVWlUNHQ%LVKHULJH)RUVFKXQJHQ YHUOLHIHQDOOHUGLQJVQLFKWVHKUHUIROJYHUVSUHFKHQG´ ³'DVNOLQJWVFKRQHWZDVJH]LHOWHU´VDJWH0DMRU3DGLOOROHLVH ³(V ZlUH ]X VFK|Q DOV GD LFK GDUDU JODXEH´ ZLHGHUKROWH 'DQJHU ³'LHVH (UNOlUXQJZlUHYLHO]XYRUGHUJUQGLJ´ (UHQWVDQQVLFKLQGHQOHW]WHQ-DKUHQHLQSDDU%HULFKWHEHU5HJXUJHOHVHQ]X KDEHQ1DFKGHQ9HU|IIHQWOLFKXQJHQZDU5HJXUWDWVlFKOLFKHLQXUDOWHU0DQQGHUHUVWHQ *HQHUDWLRQHQLQIROJHVHLQHVKRKHQ$OWHVZDUVHLQH+DXWQLFKWPHKUOLQGJUQVRQGHUQ EHUHLWVLQV9LROHWWHYHUIlUEW(UJLQJVFKZHUQDFKYRUQJHEHXJWXQGVFKLHQQXUQRFKYRQ GHU 9HUEUHQQXQJVHQHUJLH HLQHV LQQHUHQ )HXHUV JHWULHEHQ ]X ZHUGHQ 'DV +DDU GHV DOWHQ0DQQHVKDWWHEHUHLWVGLHJROGIDUEHQH$OWHUVVWUXNWXUDQJHQRPPHQ .RQQWHGLHVHU0DQQWDWVlFKOLFKGHUJHVXFKWH8OWUD.KRRQVHLQ" 'LHVH *HGDQNHQ XQG 9RUVWHOOXQJHQ VFKRVVHQ /HP\ 'DQJHU XQG VHLQHQ GUHL )UHXQGHQGXUFKGHQ.RSI/HP\IUDJWHGHQ*HQHUDO ³:HUGHQYRQGHU7ROHUDQ]WUXSSHZHLWHUH1DFKIRUVFKXQJHQDQJHVWHOOW¶"´ ³-D QDWUOLFK :LU KDEHQ LQ]ZLVFKHQ IHVWJHVWHOOW GD 5HJXU YHUVFKZXQGHQ LVW 8QWHUNHLQHUVHLQHUEHNDQQWHQ$GUHVVHQNRQQWHQZLULKQHUUHLFKHQ²DEHUGDVKDWNDXP HWZDV ]X EHGHXWHQ GHQQ HU NDQQ VLFK LQ HLQHU *HELUJVKWWH RGHU DXI HLQHU -DFKW HUKROHQEHLVSLHOVZHLVH /HP\QLFNWHXQGYHUVLFKHUWH ³:LU ZHUGHQ XQV MHGHQIDOOV YRU VHLQHU JHLVWLJHQ $XVVWUDKOXQJ LQ DFKW QHKPHQ :LU KDEHQ VRHEHQ GLH HUVWH 5DVW HLQJHOHJW XQG VWDUWHQ LQ HLQHU KDOEHQ 6WQGH ]XP ]ZHLWHQ$EVFKQLWWLQV,QQHUHGHUYXONDQLVFKHQ/DQGVFKDIW´ 'HU*HQHUDOVlJWH ³'RUWZHUGHQ]ZHL+HOIHQ,KUHQ7UXSSHUZDUWHQ6LHN|QQHQDEHOI8KUPLWLKQHQ EHU GHQ OHW]WHQ )XQNNDQDO LQ 9HUELQGXQJ WUHWHQ (V VLQG GLH +HUUHQ .HQQRQ XQG 7HNHQHUGLH&DSRFHQ]XU+LOIHJHUXIHQKDW´ ³'DVLVWHLQHDXHURUGHQWOLFKYLHOYHUVSUHFKHQGH1HXLJNHLW´VDJWH'DQJHU ³$OOHVIU6LHGDVLVWXQVHU6HUYLFH´
'LH1DFKWGHU9XONDQH
M
$WODQ
'HU*HQHUDOODFKWHNXU]XQGWUHQQWHGLH9HUELQGXQJ6LHZDUHQMHW]WHLQNOHLQHV ELFKHQ NOJHU /DQJVDP DHQ VLH IHUWLJ VFKORVVHQ IU HLQLJH 0LQXWHQ GLH $XJHQ XQG PDFKWHQ VLFK GDQQ ZLHGHU EHUHLW 'HU *OHLWHU ZXUGH VWDUWIHUWLJ JHPDFKW GLH )HUQVWHXHUXQJ ZLHGHUXP JHWHVWHW 8QWHU 8PVWlQGHQ NRQQWH GLHVHV *HIlKUW PLW VHLQHU /DGXQJIUVLHGLH5HWWXQJVHLQ 8QG VFKOLHOLFK ZUGHQ VLH PLWWHQ LQ GHU 1DFKW PLW GHQ EHLGHQ 0lQQHUQ ]XVDPPHQWUHIIHQ 6LHIUHXWHQVLFKEHUHLWVGDUDXI
/HP\'DQJHURUGQHWHDQDOVVLHDXIGHQHUVWHQWlWLJHQ9XONDQVWLHHQGDGLH 6XFKH YRQ MHW]W DE QDFK 3ODQTXDGUDWHQ HUIROJHQ VROOWH ,UJHQGZR KLHU LQ HLQHP .UHLV YRQEHUIQI]LJ.LORPHWHUQ'XUFKPHVVHUVFKLHQGDV9HUVWHFN]XOLHJHQ 'LH 1DFKW NDP DOV VLH GHQ *OHLWHU ZLHGHU VWDWLRQLHUWHQ XQG GDQQ LQ YLHU YHUVFKLHGHQH5LFKWXQJHQGDYRQVFKZLUUWHQ 'LH/XIWZDUMHW]WQLFKWPHKUVRHQWVHW]OLFKWURFNHQ 'LH7DJHVKLW]HJLQJ]XUFNGLH$XJHQHUKROWHQVLFKZLHGHUYRQGHP*ODQ]GHQ GLHJHSXGHUWHQ)OlFKHQGHU%HUJHDEJHVWUDKOWKDWWHQ+LQWHUHLQHPJLJDQWLVFKHQ:LUEHO DXV DXIJHZHKWHP 6WDXE XQG GHQ 5HVWHQ GHU 5DXFKVlXOHQ GHU 9XONDQH YHUVDQN GLH 6RQQH 'D GLH %ULOOHQ DXI ,QIUDRSWLN XPJHVFKDOWHW ZHUGHQ NRQQWHQ ZUGH VLFK GHQ 6XFKHQGHQLQGHU1DFKWHLQGXUFKDXVEUDXFKEDUHV%LOGHUJHEHQ 6LHVFKZLHJHQXQGVXFKWHQ 0DMRU&RUWR3DGLOORVFKZHEWH]ZLVFKHQ]ZHL9XONDQHQKLQGXUFK5HFKWVYRQLKP VFKZDQJVLFKGHUVWHLOHYRQGHQ%DKQHQYHUVFKLHGHQHU0DWHULDOLHQJH]HLFKQHWH+DQJ HLQHV WDXJHQ 9XONDQV LQ GLH IO|KH (LQ 6WURP /DYD OLHI KHUDE XQG ELOGHWH DXI KDOEHU +|KH HLQHQ NOHLQHQ 6HH DQ GHVVHQ 5DQG GDV IOVVLJH 3ODQHWHQLQQHUH ZLH HLQ :DVVHUIDOOKHUDEVWU]WH9RQEHUDOOVWLHJHQlW]HQGH*DVHXQG'lPSIHDXI $XI GHU DQGHUHQ 6HLWH UDJWH HLQ NOHLQHUHU 6SLW]NHJHO KRFK GHU DXI GHU 3DGLOOR ]XJHNHKUWHQ6HLWHHLQ6\VWHPYRQ+|KOHQXQG6SDOWHQDXIZLHV 'RUW GUEHQ GDFKWH GHU 0DMRU NRQQWH NHLQ 0HQVFK OHEHQ 1LFKW HLQPDO LQ 6LFKHUKHLWV]HOOHQ ZDU GDV hEHUOHEHQ P|JOLFK 6LH ZUGHQ DOOH JHU|VWHW ZHUGHQ $EHU KLHU GUEHQ HWZD ]ZHL .LORPHWHU HQWIHUQW JDE HV JHQJHQG 'HFNXQJVP|JOLFKNHLWHQ 'HU$XVGUXFN/DE\ULQWKNRQQWHVLFKGXUFKDXVDXIHLQHVROFKH6WROOHQDQODJHEH]LHKHQ 0LWWHQ LQ HLQHU DXIORGHUQGHQ *DVIDFNHO ZHQGHWH 3DGLOOR HU WUXJ HLQHQ 6FKXW]DQ]XJ XQG KDWWH VRJDU GHQ 6FKXW]VFKLUP HLQJHVFKDOWHW 'DV *DV ZDU LQ :LUNOLFKNHLW QLFKW EHVRQGHUV KHL DEHU HU ZDU IURK DOV HU VFKUlJ DXV GHP 1HEHO KHUDXVVFKRXQGVLFKLQHLQHUVDQIWJHQHLJWHQ$XIVWLHJVEDKQGHU)ODQNHGHVNOHLQHUHQ VWLOOHQ9XONDQVQlKHUWH'LHHUVWH+|KOHWDWVLFKYRULKUHDXI²HLQGXQNOHU6FKOXQGJUR JHQXJXPHLQNOHLQHVWHUUDQLVFKHV5DXPVFKLIIGDULQ]XYHUVWHFNHQ'LHJHEWHQ$XJHQ GHV6SH]LDOLVWHQJOLWWHQEHU:lQGHXQG%RGHQVXFKWHQQDFK6SXUHQ'LH'HWHNWRUHQ GLHDQVHLQHP+DQGJHOHQNDQJHVFKQDOOWZDUHQ]LWWHUWHQQLFKWHLQPDOPLWGHQ=HLJHUQ .HLQ 0HWDOO NHLQH $XVVWUDKOXQJHQ YRQ .UDIWZHUNHQ NHLQH (OHNWURQHQVWU|PH LQ /HLWXQJHQ ³1LFKWV´ NQXUUWH HU XQG VXFKWH ZHLWHU (U XPUXQGHWH GHQ %HUJ VXFKWH V\VWHPDWLVFKPLWDOOHPZDVHUEHVDDEHUDOVHUHLQHQ$XJHQEOLFNIDVWEHZHJXQJVORV
'LH1DFKWGHU9XONDQH
M
$WODQ
DXI GHU MHQVHLWLJHQ 6HLWH GHV %HUJHV LQ GHU /XIW KLQJ XQG GLH 7DVWH GHV 6SUHFKIXQNV GUFNWHKDWWHHUQLFKWVJHIXQGHQ ³1LFKWHLQHHLQ]LJH6SXU+LHU3DGLOOR´VDJWHHU³:LHLVWHVEHLHXFK"´ ³1HJDWLYEHL'DQJHU´PHOGHWHVLFK/HP\ ³(EHQVREHL3\FR´ ³8QG VLFKHU QLFKW DQGHUV EHL 2WULQRW´ VDJWH VLFK 3DGLOOR XQG K|UWH GLH %HVWlWLJXQJ (V ZXUGH 1DFKW XQG VLH PXWHQ VLFK ]XUFN]LHKHQ XP HLQLJH 6WXQGHQ XPVFKLFKWLJ ]X VFKODIHQ XQG PLW QHXHU DQGHUHU $XVUVWXQJ ZHLWHU]XVXFKHQ 3DGLOOR RULHQWLHUWHVLFKXQGVFKOXJGHQ.XUVHLQGHULKQ]XUFN]XP*OHLWHUEULQJHQVROOWH ³$FKWXQJ´PHOGHWHVLFKSO|W]OLFKHLQHIUHPGH6WLPPH 3DGLOOREHUOHJWHREXQGZRHUGLHVH6WLPPHVFKRQHLQPDOJHK|UWKDWWH(VZDU ]ZHLIHOORVGDV2UJDQHLQHVGHUWHUUDQLVFKHQ5LHVHQDEHUHLQHJHZLVVH+lUWHGLHXQWHU HLQHUGLFNHQ6FKLFKWZRKOWXHQGHU:lUPHYHUERUJHQODJPDFKWHLKQVWXW]LJ(VPXWH HV PXWH GLHVHU 0DQQ PLW GHU 9ROOSURWKHVH VHLQ GHU 5RERW PLW GHP 0HQVFKHQYHUVWDQG 'HUMHQLJH GHU ]X WREHQ EHJDQQ ZHQQ HU GLH %H]HLFKQXQJ 5RERW DXIVLFKEH]LHKHQPXWH ³+DOOR´VDJWH3DGLOORODXW³2EZRKO,KUH6WLPPHVWDUNJHILOWHUWXQGDEJHVFKZlFKW ZLUGHUNHQQHLFK6LH6LQFODLU0DURXW.HQQRQQLFKWZDKU"´ ³6RLVWHV:LUPDFKHQXQVJHUDGHEHUHLW:LUVWRHQLQGUHL6WXQGHQ]X,KQHQ .|QQHQZLUHLQHQ3HLOWRQKDEHQ"´ ³1XU ]XU 6LFKHUKHLW´ PLVFKWH VLFK GLH 6WLPPH HLQHV GHU 7HFKQLNHU DXV GHQ 5DXPVFKLIIHQKLQHLQ ³,QNXU]HU=HLWZHQQZLUDP*OHLWHUVLQG´YHUVSUDFK3DGLOOR $OVRZDUHQLQ]ZLVFKHQ7HNHQHUXQG.HQQRQPLWLKUHP6FKLIIHLQJHWURIIHQ6LFKHU KDWWHQ VLH GHQ &KHI GHU 6&(& PLWJHEUDFKW GHVVHQ 5DXPVFKLII YHUPXWOLFK GXUFK GLH $WPRVSKlUH UDVWH XP LUJHQGZR LQ GHU 1lKH HLQHU +DXSWVWDGW ]X ODQGHQ 'HU $QJULII XQGGLH6XFKHZUGHQQRFKNRQ]HQWULHUWHUGXUFKJHIKUWZHUGHQ ³:DQQNRPPHQ6LHKHUXQWHU"´HUNXQGLJWHVLFK'DQJHUGHUPLWJHK|UWKDWWH ³:LU ]LHKHQ XQV JHUDGH GLH )OXJDQ]JH DQ´ VDJWH 7HNHQHU ³(LQ %HLERRW ZLUG XQV LQ ,KUH 1lKH EULQJHQ GDQQ VWHLJHQ ZLU DXV XQG OHJHQ GLH OHW]WHQ .LORPHWHU PLW XQVHUHQ)OJHOQ]XUFN´ ³6HKUDQJHQHKP´ 6LHWUDIHQIDVWJOHLFK]HLWLJEHLLKUHP*OHLWHUHLQ6LHKDWWHQQLFKWVJHIXQGHQQLFKW HLQPDO6SXUHQ'DQJHUHQWVFKLHGHLQHQ3HLOWRQ]XVFKLFNHQXQGGDQQKLHU]XZDUWHQ ,QGHQYHUEOHLEHQGHQ6WXQGHQNRQQWHQVLHVFKODIHQXQGVLFKHUKROHQ 6LHZDUWHWHQDOVR
:lKUHQG VLH PLW HLQJHVFKDOWHWHQ )XQNJHUlWHQ VFKOLHIHQ DUEHLWHWHQ GLH HLQJHVHW]WHQ 2UWXQJVJHUlWH XQXQWHUEURFKHQ +LHUJDE HV ZHGHU$QVLHGOXQJHQ QRFK ZLVVHQVFKDIWOLFKH 6WDWLRQHQ GLH HLQHU GHU WHUUDQLVFKHQ *LJDQWHQ ]HUWUDPSHOQ NRQQWH XQGHVJDENHLQHUOHLVW|UHQGH1HEHQHIIHNWH $XFK GLH 2UWXQJVJHUlWH GHV WHUUDQLVFKHQ 5DXPVFKLIIHV GDV LQ QLFKW ]X JURHU +|KH EHU GHU ,QVHO VWDQG OLHIHQ XQXQWHUEURFKHQ 6LH KDWWHQ QDWUOLFK IDVW MHGH
'LH1DFKWGHU9XONDQH
M
$WODQ
%HZHJXQJGHVVLJDQHVLVFKHQ*OHLWHUVYHUIROJHQN|QQHQDEHUGLHYLHU0HQVFKOHLQQLFKW GDVLFKGLHVHRKQHJURHQHQHUJHWLVFKHQ$XIZDQGEHZHJWHQ $Q%RUGGHV6FKLIIHVEHIDQGHQVLFKDXFK]ZHLGHU0XWDQWHQ7HUUDV 'LH*HKHLPZDIIH (WZD ]ZHLKXQGHUW 0LQXWHQ YHUJLQJHQ ,Q GLHVHU =HLW MDJWH HLQ %HLERRW GXUFK GLH /XIWKOOH GHV 3ODQHWHQ 'LH 2UWHU XQG $EZHKUVWDWLRQHQ LGHQWLIL]LHUWHQ GDV %RRW XQG VWHOOWHQ IHVW GD YRQ GHU 5HJLHUXQJ HLQH DXVGUFNOLFKH (LQIOXJ XQG /DQGHHUODXEQLV YRUODJ $OVGLH-HWLQIQI]HKQKXQGHUW0HWHUQ+|KHDQKLHOWXQGGLH3ROVFKOHXVH|IIQHWH VSUDQJHQ]ZHL3HUVRQHQDE 6LH WUXJHQ )OXJDQ]JH 6LH OLHHQ VLFK PLW ZDUPODXIHQGHQ *HUlWHQ HLQLJH KXQGHUW0HWHUDEZlUWVIDOOHQXPDXVGHP%HUHLFKGHU3DUWLNHOWULHEZHUNH]XNRPPHQ GDQQ VFKDOWHWHQ VLH GDV NOHLQH 5NNHQWULHEZHUN HLQ XQG IORJHQ ODQJVDP DXI GHQ %HUJ PLWGHPFKDUDNWHULVWLVFKHQ$EEUXFK]XGHUVLFKLKQHQLP,QIUDURWELOG]HLJWH ³'DVLVWVLFKHUHLQHGHUZLUNVDPHQDEHUXQJOHLFKHQ3DDUXQJHQ´VWHOOWH.HQQRQ IHVW,KQHQZDUMHGH/XVW]XSHUV|QOLFKHQ6FKHU]HQYHUJDQJHQVLHNRQ]HQWULHUWHQVLFK DXIGLHYRULKQHQOLHJHQGH$XIJDEH ³5LFKWLJ :LU NHQQHQ VLH 6LJDQHVHQ XQG 7HUUDQHUDOOH 9RUWHLOH EHLGHU *UXSSHQ YHUHLQLJW´ 6LHIORJHQQHEHQHLQDQGHUKHU 'LH *HJHQG GLH VLFK XQWHU LKQHQ DXVEUHLWHWH HUVFKUHFNWH VLH QLFKW PHKU VLH ZDUHQEHLGHGHQ$QEOLFNXQGGLH/HEHQVXPVWlQGHQRFKZHVHQWOLFKH[WUHPHUHU:HOWHQ JHZRKQW+LHUOHEWHQLFKWV²|GHUIDVWQLFKWV9LHOOHLFKWHLQLJH6FKODQJHQXQG(LGHFKVHQ :UPHUXQG,QVHNWHQ9LHOOHLFKWEUWHWHQDXFKKLHULQGHU5XKHXQG$EJHVFKLHGHQKHLW HLQLJH*URY|JHOQLFKWPHKU+DWWHVLFKKLHUKHUZLUNOLFKHLQVLJDQHVLVFKHU9HUEUHFKHU ]XUFNJH]RJHQ" ³8QG LFK VDJH GLU GD KLQWHU GHQ 6LJDQHVHQ QRFK MHPDQG RGHU HWZDV VWHKW´EHKDUUWH.HQQRQ ³'XNDQQVWUHFKWKDEHQDEHULFKEOHLEHVNHSWLVFK/DVVHQZLUXQVEHUUDVFKHQ .HQ´ 6LHKDWWHQMHW]WGHQ6WDQGRUWGHVVLJDQHVLVFKHQ*OHLWHUVDXVJHPDFKWXQGIORJHQ GDUDXI ]X 7HNHQHU OLH ]ZHLPDO VHLQHQ +DQGVFKHLQZHUIHU DXIEOLW]HQ XQG HQWGHFNWH HLQHQ EUHLWHQ )HOVHQVWHJ XQWHUKDOE GHV 9RUVSUXQJHV DXI GHP GHU *OHLWHU VWDQG (LQ 0LWJOLHGGHV7HDPVZDUDXIJHZDFKWXQGJDEGLH/LFKW]HLFKHQ]XUFN ³9RUVLFKW7HN´ZDUQWH.HQQRQ³6FKRQXQVHU*HZLFKWNDQQHLQH(UGEHZHJXQJ DXVO|VHQ´ ³,FK ZHL .HQ´ NQXUUWH 7HNHQHU XQG OLH VLFK YRUVLFKWLJ DEVLQNHQ 'LH 7XUELQH KHXOWHHLQOHW]WHVPDODXIGDQQVWDQGHQ7HNHQHUV6RKOHQIHVWDXIGHP)HOVHQ0LWHLQHU +DQG GLH LQ HLQHP IHVWHQ +DQGVFKXK VWHFNWH KLHOW HU VLFK IHVW =ZHL 0HWHU YRQ LKP HQWIHUQWODQGHWH.HQQRQDXIGHP)HOVHQ'DVXQJOHLFKK|KHUH*HZLFKWVHLQHV.|USHUV OLHGHQ6WHLQDEEU|FNHOQ ³:LOONRPPHQ3DUWQHU´ULHI/HP\'DQJHU³:LUIUHXHQXQV´ 'LH2EHUN|USHUGHUEHLGHQ7HUUDQHUYHUVSHUUWHQGLH6LFKWDXVGHUIODFKHQ+|KOH 'LH6LJDQHVHQHUZDFKWHQGDQQHUIROJWHHLQVFKQHOOHU(UIDKUXQJVDXVWDXVFK6LHNDPHQ EHUHLQ HLQHQ 6SUXQJ YRQ IQI .LORPHWHUQ QDFK UHFKWV GDQQ HLQHQ ]ZHLWHQ ]XP =HQWUXPGHU,QVHO]XPDFKHQ
'LH1DFKWGHU9XONDQH
M
$WODQ
³$XVJH]HLFKQHW:LU´ 'DV 6XPPHQ GHV 1DFKULFKWHQJHUlWHV XQWHUEUDFK .HQQRQ (U KlWWH EHU GDV )XQNJHUlWGHV$Q]XJHVXQGEHUHLQHVGHULQVHLQHP.|USHUHLQJHEDXWHQ*HUlWHHLQH 0HOGXQJHPSIDQJHQ ³+LHU LVW GDV 5DXPVFKLII %HLGH 0XWDQWHQ KDEHQ VRHEHQ HLQH EHUUDVFKHQGH %HREDFKWXQJJHPDFKW³VDJWHGHU6SUHFKHU .HQQRQVDJWHOHLVH ³*HEHQ6LHGXUFKZDVKHUDXVJHIXQGHQZXUGH´ ³(LQH6HNXQGH$XIGHU.DUWHLP3ODQTXDGUDW)QI]HKQEHILQGHWVLFKHLQWlWLJHU 9XONDQ PLW HLQHP FKDUDNWHULVWLVFKHQ 'RSSHOJLSIHO ,KU PW YRQ GRUW XQWHQ HLQ EHVRQGHUVHLQGUXFNVYROOHV%LOGKDEHQ´ ³5LFKWLJ :HQQ GHU %HUJ )HXHU VSHLW VLHKW HU UHFKW GUDPDWLVFK DXV 6FKlW]XQJVZHLVH ]ZDQ]LJ .LORPHWHU YRQ KLHU YRQ XQVHUHU JHJHQZlUWLJHQ 3RVLWLRQ HQWIHUQW´ )U.HQQRQZDUHVNHLQH6FKZLHULJNHLWGHQ$EVWDQGVHKUJHQDX]XEHVWLPPHQ 'HU6SUHFKHUIXKUIRUW ³'LH 0XWDQWHQ KDEHQ LQ GHU 1lKH GLHVHV 9XONDQV XQG ]ZDU DXI GHU VGOLFKHQ )ODQNH HLQLJH VWDUNH SDUDSV\FKLVFKH ,PSXOVH JHRUWHW (V ZDUHQ QXU 6HNXQGHQEUXFKWHLOH PHKUPDOV KLQWHUHLQDQGHU MHW]W LVW QLFKWV PHKU ]X PHUNHQ ,KU VROOWHWGRUWHLQPDOQDFKVHKHQ´ ³3DUDSV\FKLVFKH ,PSXOVH" 'DV NOLQJW WDWVlFKOLFK QDFK XQVHUHP &UHVW 3UHLVWUlJHU´VWHOOWH'DQJHUIHVW ³1RFKHWZDV5DXPVFKLII"´ ³1LFKWV:LFKWLJHV'HU&KHIGHU6&(&LVWJHODQGHW(UOlWJUHQXQGZQVFKW YLHO(UIROJ´ ³*XW:LUPDFKHQZHLWHU´ 'LH9HUELQGXQJZXUGHJHWUHQQW:lKUHQG7HNHQHUXQG.HQQRQGDVIHUQH=LHOLQV $XJHIDWHQ]HLJWH/HP\'DQJHUVHLQHQ)UHXQGHQGDV=LHODXIVHLQHU(LQVDW]NDUWH .HQQRQVDJWH ³(LQ 9RUVFKODJ ,FK QHKPH GHQ *OHLWHU LQ GLH +DQG XQG LKU N|QQW HXFK DQ PLU LUJHQGZLHIHVWNODPPHUQ2GHULQGHQ7DVFKHQGHV.DPSIDQ]XJHVYHUNULHFKHQ´ ³(LQYHUVWDQGHQ´VDJWH'DQJHU 6LH ZXWHQ GD GLHVHU OHW]WH +LQZHLV HLQ GHXWOLFKHV =HLFKHQ JHVHW]W KDWWH 0LW HLQLJHU :DKUVFKHLQOLFKNHLW KDWWH GHU 8QEHNDQQWH VHLQ /DE\ULQWK GRUW LQ GHQ %HUJ JHVFKQLWWHQ 0LQXWHQVSlWHUZDUHQVLHXQWHUZHJV -HZHLOV ]ZHL 6LJDQHVHQ VWHFNWHQ LQ GHQ %UXVWWDVFKHQ GHU EHLGHQ NRVPLVFKHQ +HOIHU IU %HGUlQJWH .HQQRQ WUXJ GHQ *OHLWHU VR YRUVLFKWLJ DOV EDODQFLHUH HU HLQH .RVWEDUNHLW.HLQHUYRQLKQHQVSUDFK6LHVWHOOWHQVLFKDXIGDV=LHOHLQXQGDXIGDVZDV VLHGRUW]XILQGHQKRIIWHQ .QDSS ]ZDQ]LJWDXVHQG 0HWHU ZHLW IORJHQ VLH EHU GLH QlFKWOLFKH /DQGVFKDIW GDKLQ (V ZDU HLQ JHVSHQVWLVFKHU )OXJ GHU JHIlKUOLFKHU ZXUGH MH QlKHU VLH DQ GDV =HQWUXP GHU ,QVHO NDPHQ XQG ]XJOHLFK DQ GDV DQJHJHEHQH =LHO 8QWHU LKQHQ ORGHUWHQ *DVIDFNHOQ GXUFK GLH /XIW XQG HUKHOOWHQ ]XFNHQG GLH )HOVHQ *LIWLJH 'lPSIH NURFKHQ DXV6SDOWHQIORVVHQDOVVFKZHUHV*DVEHUGLH+lQJHXQGZXUGHQYRQHLQHPOHLFKWHQ :LQGDXIZlUWVJHULVVHQ8QGDOVVLHLQGLH1lKHGHVWlWLJHQ9XONDQVNDPHQGHU)HXHU
'LH1DFKWGHU9XONDQH
M
$WODQ
XQG5DXFKDXVVSLHZXUGHGHU)OXJOHEHQVJHIlKUOLFK ,Q$EVWlQGHQYRQMHZHLOVPHKUHUHQ0LQXWHQHUIROJWHQGRQQHUQGH'HWRQDWLRQHQ 'DQQVFKOHXGHUWHGHU9XONDQ0DVVHQYRQ)HOVVWFNHQ/DSLOOLXQG/DYDEURFNHQGXUFK GLH/XIW 'LUHNW GXUFK GLHVHQ W|GOLFKHQ +DJHO IORJHQ GLH EHLGHQ 7HUUDQHU XQG ODQGHWHQ VFKOLHOLFKJHQDXDQGHUPDUNLHUWHQ6WHOOH 7HNHQHU XQG .HQQRQ EOLHEHQ ZDFKVDP VWHKHQ GLH .|USHU OHLFKW QDFK YRUQ JHNUPPW GLH %HLQH JHVSUHL]W 7HNHQHU ]RJ GLH 7DVFKHQ VHLQHU .RPELQDWLRQ DXI XQG IOVWHUWH ³6XFKHQ6LHGHQ(LQJDQJ/HP\´ ³6HOEVWYHUVWlQGOLFK/RV&RUWR²ZLUQHKPHQGLHVH5LFKWXQJ´ %HLGH 6LJDQHVHQ VFKDOWHWHQ LKUH 6FKXW]VFKLUPH HLQ OLHHQ VLFK DXV GHQ 7DVFKHQIDOOHQXQGVFKZLUUWHQGDYRQ ³:LUJHKHQQDFKGHUDQGHUHQ6HLWH´ 0DQ NRQQWH VLFK DXVJH]HLFKQHW YHUVWlQGLJHQ DEHU QXU EHL JHVFKORVVHQHQ +HOPHQXQGSHU+HOPIXQN.HQQRQVWHOOWHGHQ*OHLWHUHLQHWZDHLQHLQKDOE0HWHUODQJHV *HIlKUW YRUVLFKWLJ DE (U VFKRE LKQ XQWHU HLQHQ YRUVSULQJHQGHQ )HOVHQ )QI 0HWHU QHEHQLKQHQ]HUSODW]WHPLWHLQHPGXPSIHQ*HUlXVFKHLQ.XELNPHWHU/DYD)XQNHQXQG 7URSIHQVSUDQJHQQDFKDOOHQ6HLWHQXQGSUDOOWHQZLUNXQJVORVJHJHQGLHHLQJHVFKDOWHWHQ 6FKXW]VFKLUPH 7HNHQHUJDEDQV5DXPVFKLIIGXUFKZRVLHVLFKEHIDQGHQGDQQZDQGWHHUVLFK DQVHLQHQ)UHXQG ³8QGZDVWXQZLU3DUWQHU"´ ³:LUVXFKHQHEHQVRZLHXQVHUH)UHXQGHKLHU´JDE.HQQRQ]XU$QWZRUW 8PVLHKHUXPKHUUVFKWHGLH1DFKW$EHUZHOFKHLQH1DFKW6LHZXUGHHUKHOOWYRQ GHQ EOLW]HQGHQ (QWODGXQJHQ GHV 9XONDQV XQG GHP :LGHUVFKHLQ GHU )ODPPHQ DQ GHQ 5DXFKZRONHQGHQ'DPSIVlXOHQXQGGHQQDFNWHQ)HOVZlQGHQ'LHVHV/LFKWZLHGHUXP ZXUGHYRQGHQ*DVVFKOHLHUQJHVFKOXFNWPHKUIDFKJHEURFKHQXQG]XUFNJHVWUDKOW(LQH ULHVLJH IDUELJH $UHQD LQ GLH YRQ =HLW ]X =HLW HLQ +DJHO NOHLQHU )HOVVWFNH SUDVVHOWH 'DQQZLHGHUVFKOXJNUDFKHQGHLQZLUEHOQGHU)HOVEORFNJHJHQGLH)ODQNHXQGUROOWHGHQ +DQJKLQXQWHU(UYHUVDQNPLWODXWHP.ODWVFKHQLQGHP6WURPZHLJOKHQGHU/DYDGHU VLFKVFKQHOO]X7DOZlO]WH 8QDXIK|UOLFKEHEWHGHU%RGHQ 7HNHQHU XQG .HQQRQ MHW]W LP 6FKXW] GHU HLQJHVFKDOWHWHQ 6FKLUPH GHUHQ (QHUJLHVLHDOOHUGLQJVVHKUVFKQHOOYHUUDWHQNRQQWHVFKZHEWHQJHPHLQVDPGDYRQ6LH ULFKWHWHQGHQ%OLFNDXIGLH)HOVZlQGHXQGVFKOXJHQHLQHQ:HJHLQGHQGLH6LJDQHVHQ QLFKW IORJHQ 0LW IQI]LJ 0HWHUQ +|KHQDEVWDQG ]XHLQDQGHU VFKZHEWHQ VLH GLFKW QHEHQ GHP)HOVHQ'RUWZRIULVFKH/DYDYRUEHLJHIORVVHQZDUVDKHQVLHJDUQLFKWPHKUKLQ RKQH=ZHLIHOEHIDQGVLFKGRUWNHLQ(LQJDQJ $EHUVFKOLHOLFKNDPHQVLHDQHLQH)HOVQDVH 6LH VSUDQJ JHZDOWLJ DXV HLQHU IDVW VHQNUHFKWHQ :DQG YRU +LHU VDK 7HNHQHU ZHGHULQQRUPDOHU6LFKWQRFKGXUFKVHLQH9RUVDW]JHUlWH6SXUHQYRQ/DYD¶K|FKVWHQV
'LH1DFKWGHU9XONDQH
M
$WODQ
HLQLJHHUNDOWHWH6SULW]HU .HQQRQJLQJQRFKQlKHUKHUDQGUHKWHVLFKLP)OXJXQGZLFKGXUFKHLQHVFKQHOOH 6FKDOWXQJ VHLQHV )OXJDJJUHJDWHV HLQHP KHUXQWHUNUDFKHQGHQ )HOVEURFNHQ DXV 'DQQ KlQJWH HU VLFK PLW HLQHU +DQG DQ HLQHQ YRUVSULQJHQGHQ =DFNHQ XQG EHWUDFKWHWH GLH JODWWH :DQG VFKUlJ XQWHU VLFK JHQDX (U JODXEWH VFKZDFKH 6SXUHQ HLQHV 3IDGHV ]X HUNHQQHQGHUVLFKJHQDXGRUWHQWODQJVFKOlQJHOWHZRVLFKHLQ)XJlQJHUHLQHQ:HJ QDFKXQWHQDXIHLQHYRQ)HOVWUPPHUQEHUVlWH+RFKIOlFKHVXFKHQZUGH $P7DJZHUGHLFKGLHVH6SXUEHVVHUXQWHUVXFKHQN|QQHQGlFKWHVLFK.HQQRQ XQG ]|JHUWH QRFK GDV ,QIUDURW6SlWDXIQDKPHJHUlW HLQ]XVHW]HQ 6HLQH $XJHQ VXFKWHQ =HQWLPHWHU XP =HQWLPHWHU GHU )HOVZDQG DE 6FKOLHOLFK IDQG HU $Q]HLFKHQ GDIU GD VLFKKLHUHWZDVYHUEDUJ ³7HN"´IUDJWHHUOHLVH ³+LHU,FKKDEHHWZDV,QWHUHVVDQWHVJHVHKHQ³ ³,FKDXFK´HUZLGHUWH.HQQRQ³0|JOLFKHUZHLVHHLQHQ(LQJDQJ´ ³,FKJODXEHLFKVDK)HQVWHUVFKOLW]H,FKNRPPH´ .HQQRQVFKZHEWHVFKUlJQDFKXQWHQ'LFKWEHUGHP$QIDQJGHV3IDGHVKDWWH HU LP *HVWHLQ HLQH XQXQWHUEURFKHQH /LQLH JHVHKHQ 6LH ZDU JDQ] IHLQ $EHU DXV GHP ,QQHUQ GHV %HUJHV NDP HLQ NKOHU +DXFK VLFNHUWH GXUFK GLH )HOVVSDOWH XQG NKOWH GHUHQ 5lQGHU XP ZHQLJH %UXFKWHLOH HLQHV .HOYLQJUDGHV DE $XI GHP KHOOHQ VFKUDIILHUWHQ $EELOG GHU :DQG ]HLFKQHWH VLFK HLQ GXQNOHU 5LQJ DE HWZD GUHL 0HWHU GXUFKPHVVHQG .HQQRQVDKVHLQHQ)UHXQGKHUDQVFKZHEHQXQGZLVSHUWH ³+LHUKHU´ 6HLQH +DQGODPSH EOLW]WH HLQH =HKQWHOVHNXQGH DXI 'HU 0DQQ LP 5RERWN|USHU VSUWHGLH(UUHJXQJGLHVHU0LQXWH:HPGLHVWDWVlFKOLFKHLQ7RUZDUGDQQKDWWHQVLH HV QLFKW QXU PLW 6LJDQHVHQ ]X WXQ 'HQQ HLQ JU|HUHV :HVHQ PDFKWH VLFK VROFKH gIIQXQJHQ2GHUZDUHVHLQH6FKOHXVHIUHLQ6FKLIIRGHULUJHQGHLQUlWVHOKDIWHV*HUlW" ³,FKNRPPH´ 6LHEOLHEHQQHEHQHLQDQGHUVWHKHQXQGXQWHUVXFKWHQDXVGHU1lKHZDV.HQQRQ JHIXQGHQKDWWH7HNHQHUEHULFKWHWHGDHUHLQLJH6HNXQGHQODQJZDDJUHFKWDQHLQHP DQGHUHQ )HOVHQ HLQLJH IQI]LJ 0HWHU YRQ KLHU HQWIHUQW VFKPDOH 6FKOLW]H ]X VHKHQ JHJODXEW KDWWH +LQWHU LKQHQ ZDU HLQ /LFKWVFKLPPHU DXIJHIODFNHUW DEHU DOV HU QlKHU KHUDQJHJDQJHQZDUXQWHUVFKLHGVLFKGLHVHU7HLOGHV)HOVHQVQLFKWYRQGHU8PJHEXQJ :LHGHUSUDVVHOWHHLQ+DJHOYRQNOHLQHQ)HOVEURFNHQDXIVLHQLHGHUXQGEUDFKVLFKDP 6FKXW]IHOG ³9HUWHXIHOW XQDQJHQHKP 2KQH GLHVHQ 6FKLUP ZlUHQ ZLU VFKRQ WRW´ VWHOOWH 7HNHQHUIHVW $XFKHUNRQQWHGHQGXQNOHQ.UHLVIHVWVWHOOHQ$EHUHUVDKDOVHUVHLQ*HUlWDXI JU|HUH /HLVWXQJ VFKDOWHWH DXFK HWZD LQ KDOEHU IO|KH GHV .UHLVHV OLQNV YRQ LKQHQ HLQHQ GXQNOHUHQ )OHFN 'DV EHGHXWHWH GD KLHU GDV *HVWHLQ QRFK NKOHU ZDU .RQQWH GLHVGDV6FKORVHLQ" 7HNHQHU GHXWHWH GDUDXI QDKP DXV HLQHU 7DVFKH VHLQHV *UWHOV HLQ IODFKHV .lVWFKHQKHUDXVXQGPHLQWH ³%HQDFKULFKWLJHGDV6FKLIIXQGGLH6LJDQHVHQGDZLUHLQ]XGULQJHQYHUVXFKHQ´ ³:DUXPJODXEVWGX´HUZLGHUWH.HQQRQOHLVHEHU)XQN³ELQLFKVRVWLOO",FKELQ EHUHLWVGDEHL´
'LH1DFKWGHU9XONDQH
M
$WODQ
³$XVJH]HLFKQHW´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lFKH GHU ODQJVDP LQ ULHVLJHQ 6FKROOHQ HUNDOWHQGHQ /DYD DXIUL XQG HLQHQ ZHLHQ XQG URWHQ 5HJHQVFKDXHUQDFKDOOHQ6HLWHQDXIZDUI]QGHWHGLH%RPEH (LQH IQI]LJ 0HWHU ODQJH 6WLFKIODPPH VFKR ZDDJUHFKW XQWHU GHU )HOVQDVH KHUDXVEHUKUWHGHQJHJHQEHUOLHJHQGHQ6WHLQ]XFNWH]XUFNXQGHUORVFK'HU)HOVHQ EHEWHHWZDVVWlUNHU)UHLQLJH6HNXQGHQZDU7HNHQHUOHLFKWJHEOHQGHW$XVGHU:DQG O|VWH VLFK HLQ XQJHKHXUHU 6WHLQVFKODJ 0HKUHUH *DVVFKOHLHU EHJDQQHQ ]XFNHQG ]X OHXFKWHQZLHGDV,QQHUHHLQHU/HXFKWVWRIIU|KUH .HQQRQGHXWHWHLQ]ZHLYHUVFKLHGHQH5LFKWXQJHQXQG]RJVHLQHVFKZHUH:DIIH 'DQQQLFNWHHU ³-HGHUJLEWGHPDQGHUHQ)HXHUVFKXW]³VDJWHHU ³9HUVWDQGHQ´ 6LHOLHHQVLFKQDFKEHLGHQ6HLWHQIDOOHQZLFKHQZHLWDXVXQGZDUHQVFKOLHOLFK DOVVLHHWZDDXIJOHLFKHU+|KHPLWGHUKHOOHUOHXFKWHWHQgIIQXQJLQGHU%HUJIODQNHLQGLH 'HFNXQJ VDQNHQ KXQGHUW 0HWHU YRQHLQDQGHU HQWIHUQW 'HU ([SORVLRQVVRJ KDWWH HLQH NUHLVUXQGH'RSSHOWUDXVGHQVFKZHUHQVWlKOHUQHQ$QJHOQJHULVVHQ6LHODJDXVJHEHXOW XQG JHJHQ GLH )HOVHQ JHVFKPHWWHUW PLW HLQHP DXVJHVFKPRO]HQHQ /RFK DQ GHU 6HLWH GLUHNW YRU GHP (LQJDQJ 'LH EHLGHQ 0lQQHU NRQQWHQ ]HUWUPPHUWH )DVVXQJHQ IU %HOHXFKWXQJVN|USHUHUNHQQHQXQGHLQLJHVWUDKOHQGH6WFNH:DQGXQG'HFNH$XFKGLH HWZD]ZDQ]LJ0HWHU6WROOHQGLHKLQWHUGHU]HUIHW]WHQ7UODJHQZDUHQNUHLVUXQG ³*XWH$UEHLW,FKIDQJHDQ´VDJWH.HQQRQ (U VSUDQJ YLHU 0HWHU ZHLW EHU HLQHQ )HOVEORFN KXVFKWH GXUFK HLQHQ 6FKDXHU YRQJOXWIOVVLJHQ7URSIHQXQG6WHLQHQUDQQWHYRQOLQNVDXIGHQ(LQJDQJ]X7HNHQHUV :DIIH EHVFKULHE ODQJVDP HLQHQ +DOENUHLV DEHU QLHPDQG IHXHUWH DXI .HQQRQ QLFKWV UKUWHVLFK ³6WRS´VDJWH7HNHQHU ³9RUZlUWV )UHXQG 7HN´ JDE .HQQRQ ]XUFN (U ODJ IODFK DXI GHP %DXFK XQG EHREDFKWHWHGLH8PJHEXQJGHV(LQJDQJV$XFKHUNRQQWHZlKUHQG7HNHQHUXPHWZD GUHLLJ 0HWHU GXUFK *DVVFKOHLHU XQG UDXFKHQGH )HOVHQ QDFK YRUQ VWUPWH QLFKWV HUNHQQHQ²DXIMHGHQ)DOONHLQHQ*HJQHU ³$XVJHIORJHQXQVHU)UHXQG´VWHOOWH7HNHQHUIHVW 6LH NOHWWHUWHQ MHW]W YRQ EHLGHQ 6HLWHQ DXI GHQ (LQJDQJ ]X $OOH GUHL 6FKULWWH EOLFNWHQVLHVLFKXPXQGVLFKHUWHQQDFKKLQWHQ$EHUDXFKYRQGRUWNDPNHLQ$QJULII0LW DQJHVSDQQWHQ 1HUYHQ VFKOLFKHQ VLH KHUDQ XQG EOLHEHQ DQ EHLGHQ 6HLWHQ GHV /RFKHV VWHKHQ 6FKOLHOLFKVDJWH.HQQRQ ³,FKK|UHJHUDGHGDDXFK/HP\PLWVHLQHQ/HXWHQZHLWHUREHQXQGLQ|VWOLFKHU 5LFKWXQJVRHWZDVbKQOLFKHVHQWGHFNWKDEHQZLOO6LHZLVVHQZLHZHLWZLUVLQG´ ³*XW´
'LH1DFKWGHU9XONDQH
M
$WODQ
.HQQRQ QLFNWH 7HNHQHU ]X GUHKWH VLFK KHUXP XQG UDQQWH JHGXFNW LQ GHQ *DQJ KLQHLQ7URW]GHUK|KHUHQ6FKZHUNUDIWGHV3ODQHWHQ6LJDZDUHQVHLQH%HZHJXQJHQVR VFKQHOO GD 7HNHQHU JODXEWH YRU VHLQHQ $XJHQ IOLPPHUH HV 'DQQ EOLHE GHU )UHXQG VWHKHQXQGZLQNWH ³1LHPDQGKLHU2IIHQVLFKWOLFKJHIORKHQDOVHUXQVEHPHUNWH´ :DV EHGHXWHWH GD GHUMHQLJH GHU KLHU JHOHEW KDWWH VLH VFKRQ YRU GHU YHUQLFKWHQGHQ'HWRQDWLRQJHVHKHQKDWWH/DQJVDPQlKHUWHVLFK5RQDOGXQGEOLFNWHVLFK DXIPHUNVDP XP $Q GHU $QRUGQXQJ YRQ 6FKDOWHUQ XQG YLHOHQ DQGHUHQ (OHPHQWHQ HUNDQQWH HU EHUHLWV LQ GHP KDOE GHPROLHUWHQ *DQJ GD KLHU HLQ VHKU JURHU 0HQVFK JHOHEW KDWWH HWZD ]ZHLHLQKDOE 0HWHU JUR RGHU VR lKQOLFK $OV 7HNHQHU KLQWHU VHLQHP )UHXQG VWHKHQEOLHE VDK HU HLQH 6FKOHXVH DXV HLQHP JODVDUWLJHQ 0DWHULDO GLH ]HUIHW]W XQGLQYLHOH5LFKWXQJHQJHVFKOHXGHUWZRUGHQZDU'DKLQWHUODJHLQJURHU:RKQUDXP .HQQRQGHXWHWHDXIHLQHQXPJHVWU]WHQ6HVVHOXQGVDJWH ³'LHVHV 5LHVHQVWFN 0|EHO²HV PX PLQGHVWHQV (LJHQWXP HLQHV +DOXWHUV JHZHVHQVHLQ´ (UEFNWHVLFKKREGHQ6HVVHODXILQGHPHLQUXQGIQI]HKQ=HQWQHUVFKZHUHU 0DQQ 3ODW] QHKPHQ NRQQWH XQG VWHOOWH LKQ ZLHGHU DXI GLH %HLQH 7HNHQHU XQWHUQDKP HLQHQ VFKQHOOHQ 5XQGJDQJ GXUFK GHQ 5DXP XQG HUNDQQWH LQ HLQHU ,QVWUXPHQWHQVlXOH HLQHQ ,QWHUNRP GHVVHQ 6FKDOWOHLVWH ZRKO PLW GHU +DQG KHUDXVJHULVVHQ ZRUGHQ ZDU 6FKDOWHU 'UlKWH %DXWHLOH XQG 6FKUDXEHQ .OHPPYHUELQGXQJHQ XQG .Q|SIH ZDUHQ DXVHLQDQGHUJHERJHQXQG]HUIHW]W ³+PP (LQ (UWUXVHU 6FKXOWHUEUHLWH EHU ]ZHL 0HWHU 'HU JDQ] *URH XQG GLH JDQ].OHLQHQJHJHQGLH*DOD[LV´VDJWH7HNHQHU 6FKQHOO NRQWUROOLHUWHQ VLH GLH (LQULFKWXQJ GHV :RKQUDXPV 'HU 0DQQ GHU KLHU JHOHEWKDWWHZDUIOXFKWEHUHLWJHZHVHQ(UVFKLHQPLWµHLQSDDU+DQGJULIIHQDOOHVDQVLFK JHULVVHQ ]XKDEHQ ZDV ZLFKWLJ ZDU KDWWH GLH 9HUELQGXQJ XQEUDXFKEDU JHPDFKW XQG ZDUJHIORKHQ $XIZHOFKH:HLVH" .HQQRQVDJWHDOVKDEHHU7HNHQHUV*HGDQNHQHUUDWHQ ³%LVKLHUKHUJDEHVNHLQHQ]ZHLWHQ$XVJDQJ,FKKDEHJHRUWHW(UPXHQWZHGHU GXUFKGHQ%RGHQGLH'HFNHRGHUGHQ6FKODIUDXPJHIORKHQVHLQ´ (LQOHEHQGHV:HVHQKlWWHGLHµ)OXFKWGXUFKGHQQRUPDOHQ(LQJDQJVVWROOHQQLFKW EHUOHEWGLH([SORVLRQKDWWHQRFKKLHU9HUZVWXQJHQDQJHULFKWHW.HQQRQWHVWHWHGHQ %RGHQ GHV $XIHQWKDOWVUDXPV DEHU HU EHVWDQG DXV HLQHU GLFNHQ ,VROLHU6FKLFKW EHU PDVVLYHP)HOVERGHQ'LH'HFNHHUJDEDXFKNHLQHQ)OXFKWZHJDOVRZDUGHU%HZRKQHU GLHVHV$SSDUWPHQWVLP)HOVHQDXIDQGHUH:HLVHJHIORKHQ ³.HQ²GDV6SlWHUNXQGXQJVYHUIDKUHQ´ ³%HUHLWVHLQJHVFKDOWHW´ 'LH /LQVHQ HLQHV *HUlWHV GDV DXI GHU ,QIUDURWEDVLV DUEHLWHWH ZXUGH HLQJHVFKDOWHW(VZDULQGHU/DJHZlUPHUH3DUWLNHOGHU8PJHEXQJ]XHLQHPVLQQYROOHQ %LOG ]XVDPPHQ]XIJHQ ZHQQ GLH (UHLJQLVVH GLH HV ]HLJHQ VROOWH DXFK VFK|Q HLQLJH 0LQXWHQ]XUFNODJHQ 9RU.HQQRQVLQQHUHQ$XJHQIOLPPHUWHHV 'DQQ HUVFKLHQ IDKO XQG QLFKW VHKU GHXWOLFK GDV %LOG HLQHV ULHVHQKDIW JHZDFKVHQHQ(UWUXVHUV(UVWDQGPLWWHQLP5DXPGUHKWHVHLQHQ.RSIXQGVSUDQJGDQQ DXI GHQ ,QWHUNRP ]X 0LW ]ZHL JHZDOWLJHQ 6FKOlJHQ IHW]WH HU GDV 6FKDOWEUHWW DXV GHU
'LH1DFKWGHU9XONDQH
M
$WODQ
9HUDQNHUXQJULHVUFNVLFKWVORVKHUQWHUXQG]HUEUDFKHVEHUGHP.QLH 'DQQVSUDQJHUYRQHLQHU6HLWHGHV5DXPHV]XUDQGHUHQ ³9HUGDPPW´PXUPHOWH.HQQRQ 'DV%LOGIOLUWWHXQGYHUVFKZDQGPLWWHQLQHLQHU%HZHJXQJ /DQJVDP JLQJ GHU 0DQQ LP 5RERWN|USHU ]X GHU 6WHOOH DQ GHU HU GDV %LOG GHV (UWUXVHUV ]XP OHW]WHQPDO JHVHKHQ KDWWH (U GUHKWH GHQ .RSI XQG HQWGHFNWH GHQ *HVXFKWHQDEHUPDOV ³$XVJH]HLFKQHW´ 'HU )OFKWHQGH VWUPWH GXUFK GHQ 6FKODIUDXP UL HLQHQ ZUIHOI|UPLJHQ .RIIHU DQ VLFK XQG EHUKUWH GLH :DQG DQ HLQHU 6WHOOH (LQ 4XDGHU GUHKWH VLFK XP GUHLKXQGHUWVHFK]LJ *UDG GHU (UWUXVHU TXHWVFKWH VLFK GXUFK HLQHQ 6SDOW XQG ZDU YHUVFKZXQGHQ ³7HN+LHUKHU´ULHI.HQQRQ 7HNHQHUKDWWHLQ]ZLVFKHQVHLQHIOFKWLJH8QWHUVXFKXQJGHV5DXPHVEHHQGHW(U VFKWWHOWHGHQ.RSIXQGVDJWH ³,FKJODXEHGDGLHVHU(UWUXVHUZDUHUHLQHU"´ ³-D´ ³'D HU PLW GHP 8OWUD.KRRQ LUJHQGZLH LQ 9HUELQGXQJ ]X EULQJHQ LVW 1DFK PHLQHU 0HLQXQJ VWLPPW GHLQH $QQDKPH (U NDQQ GHU 'UDKW]LHKHU VHLQ GHU 0DULRQHWWHQVSLHOHULQGHQ.XOLVVHQ:DVLVWORV¶"´ ³+LHULVWHUKLQDXVJHUDQQW´ 7HNHQHUSUHWHDXI*HKHLVHLQHV)UHXQGHVVHLQH+DQGDQGLHMHQLJH6WHOOHGHU :DQGGLHDXFKGDVIOFKWLJH%LOGEHUKUWKDWWH/DQJVDPVFKZDQJGHU4XDGHUZLHGHU DXIHUZDUZLUNOLFKYRU]JOLFKJHWDUQW6HOEVW.HQQRQVHLQJHEDXWH2UWXQJVJHUlWHKDWWHQ GLH)XJHLQGHU0DXHUQLFKWHUNHQQHQN|QQHQ$OVVLHVLFKUHFKWVXQGOLQNVGHV%ORFNV YRUEHLGXUFKGLH6SDOWHQJH]ZlQJWKDWWHQVFKDOWHWHVLFKDXWRPDWLVFKGLH%HOHXFKWXQJ HLQ7HNHQHUGHUGLH:DIIHJHKREHQKDWWHSILIIOHLVHGXUFKGLH=lKQH ³'DVNRVWHWHZDKUKDIWHLQ9HUP|JHQ´VDJWHHUIDVWHKUIUFKWLJ 6LHVWlQGHQLQHLQHUNOHLQHQ.DPPHUGLHDQ]ZHL6HLWHQXQG]XP7HLODXFKDQ GHU GULWWHQ YROOHU VFKZHUHU XQG KRFKPRGHUQHU +\SHUIXQNJHUlWH VWDQG %LOGVFKLUPH $UPDWXUHQ XQG 6NDOHQ ZHFKVHOWHQ VLFK DE 'LH (LQULFKWXQJ KDWWH PHKUHUH 0LOOLRQHQ 6RODUJHNRVWHW²7HNXQG.HQNDQQWHQGLH.RVWHQVROFKHU*HUlWHVHKUJHQDX 0DURXW .HQQRQ UHJLVWULHUWH PLW HLQHP ODQJHQ %OLFN GLH HLQ]HOQHQ %DXVWHLQH GHU WHFKQLVFKHQ (LQULFKWXQJ XQG VDK VRIRUW GD VlPWOLFKH 6NDOHQ YHUVWHOOW ZlUHQHV OLH VLFK QLFKW PHKU IHVWVWHOOHQ ZRKLQ GLH OHW]WH 6HQGXQJ JHJDQJHQ ZDU DXV ZHOFKHU 5LFKWXQJ GHU OHW]WH 6SUXFK DXIJHIDQJHQ ZRUGHQ ZDU $XFK QLFKW PLW GHP ,QIUDURW 6SlW]HLFKQHU ³'X KDVW UHFKW -HPDQG KDW VLFK GLHVHV 9HUEUHFKHQ HLQH 0HQJH *HOG NRVWHQ ODVVHQ$WODQKDWWHPLWVHLQHQ$KQXQJHQUHFKW´ ³,FKELQEHU]HXJWGDYRQ´VDJWHGHU)UHXQG :LHGHUVFKDOWHWHHUGDV*HUlWHLQXQGVXFKWHQDFKHLQHU6SXU'HU(UWUXVHUZDU LQUDVHQGHU(LOHJHIOFKWHW2IIHQVLFKWOLFKQXULQHLQHPOHLFKWHQ6FKXW]DQ]XJGHQQHLQ VFKZHUHU WHLOZHLVH JHSDQ]HUWHU XQG PLW YLHOHQ =XVDW]JHUlWHQ YHUVHKHQHU 5DXPDQ]XJ KLQJ LQ GHQ PDJQHWLVFKHQ +DOWHUXQJHQ DQ GHU OHHUHQ GULWWHQ :DQG GLHVHV 5DXPHV 9RUVLFKWLJXQGODQJVDPVXFKWH.HQQRQPLWDOOHQVHLQHQ2UWXQJVJHUlWHQGLHHUDXIYROOH /HLVWXQJJHVFKDOWHWKDWWH'HFNH%RGHQXQG:lQGHDE
'LH1DFKWGHU9XONDQH
M
$WODQ
³$KD´VDJWHHUSO|W]OLFKODXW 7HNHQHUZLUEHOWHKHUXPXQGHUVWDUUWHGLH :DIIHLQGHU+DQG(UVSLHOWHPLWGHU 9LVLRQGDKLHUSO|W]OLFKHLQ7HDPYRQ(UWUXVHUQDXIWDXFKWHXQGLKQXQWHU)HXHUQDKP RGHUGDHLQHUGHU$JHQWHQLKQXQGVHLQHQ)UHXQGGRUWGUDXHQLQGHUIHXULJHQ+|OOHLQ HLQHQJHIlKUOLFKHQ=ZHLNDPSIYHUZLFNHOQZUGH.HQQRQKREGLH+DQGXQGVDJWH ³,FKVHKHLKQ´ :LHGHUNRQGHQVLHUWHVLFKGDV%LOG'LH:lUPHSDUWLNHO]HLFKQHWHQGHQ6FKHPHQ GHV (UWUXVHUV DXI -HW]W VDK .HQQRQ GHXWOLFK GD HU QLFKWV DOV HLQHQ OHLFKWHQ 6FKXW]DQ]XJPLWHLQHU$WHPHLQULFKWXQJWUXJ(UEHVDDOVRHLQHQ]ZHLWHQ6FKOXSIZLQNHO RGHU ZDU DXI GHP :HJ ]X VHLQHP 5DXPVFKLII -HGHQIDOOV ZUGH HU VLFK QLFKW PHKU ODQJH DXI GHP 3ODQHWHQ DXIKDOWHQ MHGHQIDOOV QLFKW GUDXHQ LQ GHP YXONDQLVFKHQ )HJHIHXHU 'HU )OFKWHQGH VFKDOWHWH HLQHV GHU *HUlWH HLQ HV PXWHQ EOLQGH .Q|SIH VHLQ GHQQ MHQHU 7HLO GHU :DQG YHUVHQNWH VLFK ODQJVDP 'DKLQWHU ZDU HLQH GXQNOH gIIQXQJ²PHKU VDK .HQQRQ QLFKW GHQQ GDV %LOG YHUIOFKWLJWH VLFK GXUFK GLH VFKQHOOH %HZHJXQJZLHHLQ1HEHOZLUNHQGLQGHQ6FKDFKW .HQQRQVDJWH ³,FKNPPHUHPLFKXPGHQ(UWUXVHUXQGGXQLPPVWVRIRUW9HUELQGXQJPLW/HP\ 'DQJHUDXI´ .QDFNHQGHQWVLFKHUWH7HNHQHUVHLQHXQWHUDUPODQJH:DIIHXQGHUZLGHUWH ³(LQYHUVWDQGHQ-HGHUIXQNWZHQQHU+LOIHEUDXFKW²VRQVW)XQNVWLOOH (U UHFKQHWH GDPLW GD VHLQ 3DUWQHU GHQ :HJ GHV )OFKWHQGHQ PLW GHP $XI]HLFKQXQJVJHUlW YHUIROJHQ NRQQWH 5RQDOG QLFNWH 6LQFODLU ]X XQG VSXUWHWH DXV GHP NOHLQHQ5DXPKLQDXVGXUFKTXHUWHGHQKDOEYHUZVWHWHQ:RKQUDXPKHFKWHWHGXUFKGLH ]HUWUPPHUWH /XIW XQG 7HPSHUDWXUVFKOHXVH XQG OLHI EHU GHQ IHGHUQGHQ %HODJ GHV 6WROOHQV KLQDXV LQ GLH )LQVWHUQLV GLH YRQ %OLW]HQ XQG URWHP )HXHU HUKHOOW XQG YRQ 6WHLQHQXQGGHQ%DKQHQJHVFKOHXGHUWHU/DYDGXUFK]XFNWZDU ³'HU+|KHSXQNWQlKHUWVLFKXQDXIKDOWVDP´PXUPHOWH.HQQRQXQGVFKDOWHWHVR ZLHHUHVHEHQJHVHKHQKDWWH$OVVLFKHLQ7HLOGHU*HUlWHZDQGYHUVHQNWKDWWHIROJWHHU PLWHLQJHVFKDOWHWHQ6FKHLQZHUIHUQGHP6FKHPHQGHV(UWUXVHUV 1DFK]HKQ6FKULWWHQNDPHLQH7UHSSH 6LHVFKLHQYRQHLQHU0DVFKLQHHLQHPSURJUDPPJHVWHXHUWHQNOHLQHQ([NDYDWRU DXV GHU KDUWHQ VFKLPPHUQGHQ /DYD IUKHU -DKUWDXVHQGH JHVFKQLWWHQ ZRUGHQ ]X VHLQ 0LWULHVLJHQ 6FKULWWHQ MHZHLOV GUHL 6WXIHQ DXI HLQPDO QHKPHQG UDQQWH GHU 0DQQ PLW GHP 5RERWN|USHU DEZlUWV 'UHL YLHU :LQGXQJHQ ZHLW GDQQ VWXW]WH HU XQG KLHOW VFKOLHOLFKDQ ³+LHUJHKWHVDOVRKLQDXV´VDJWHHU 1DFK VHLQHU SHUV|QOLFKHQ :DKUVFKHLQOLFKNHLWVUHFKQXQJ QDKP GHU (UWUXVHU QLFKW DQ GD PDQ GLHVHQ $XVZHJ VR VFKQHOO HQWGHFNHQ NRQQWH (U ZUGH DOVR QLFKW KLHU ZDUWHQ 7URW]GHP VFKDOWHWH .HQQRQ GDV N|USHUHLJHQH $EZHKUIHOG HLQ UL GHQ VFKHQNHOVWDUNHQ 5LHJHO GHU LQQHUHQ 6FKOHXVHQWU DXI GLH LQ GLFNH ZXOVWLJH .XQVWVWRIIVFKOlXFKH JHODJHUW ZDU XP GHQ GDXHUQGHQ 9LEUDWLRQHQ GHV %HUJPDVVLYV ZLGHUVWHKHQ]XN|QQHQ'LHlXHUH6FKOHXVHQWUVFKREVLFKLQHLQHQ6SDOWGHV)HOVHQV ]XUFN XQG HLQHQ $XJHQEOLFN ODQJ VFKDXGHUWH .HQQRQ YRU GHU JDVHQGHQ XQG GRQQHUQGHQ:LOGQLVGRUWGUDXHQ]XUFN (UEOLFNWH]X%RGHQ 'DV6SlW]HLFKQXQJVJHUlWZDUHLQJHVFKDOWHW(UVDKGLH6SXUXQGHXWOLFKZHLOVLH
'LH1DFKWGHU9XONDQH
M
$WODQ
YRQ GHQ KHOOHQ OHXFKWHQGHQ (IIHNWHQ GHU KHUXPJHVFKOHXGHUWHQ /DYDWURSIHQ EHUOHXFKWHW ZXUGH $EHU VLH IKUWH LQ ZLUUHQ 6FKODQJHQOLQLHQ XQG .XUYHQ ]ZLVFKHQ KDXVJURHQ )HOVHQ ]ZLVFKHQ 9RUVSUQJHQ XQG hEHUKlQJHQ DQ HLQHP /DYDEDFK YRUEHLXQGHLQHQVFKUlJHQ+DQJLQ6HUSHQWLQHQKLQDXI $QGHU$EVWXU]NDQWHGHU+RFKIOlFKHGLHVLHPHKUPDOVEHUIORJHQKDWWHQHQGHWH GLH6SXU ³'RUWREHQUHQQWHU²LUJHQGZRKLQ³µVDJWH.HQQRQOHLVHXQGHUELWWHUW 'DQQQDKPHUGLH9HUIROJXQJDXI 0LW ]ZHL GUHL 6lW]HQ RULHQWLHUWH VLFK 5RQDOG 7HNHQHU EHQGHQ 6WDQGRUWGHUYLHU QDOG 7HNHQHU EHU GHQ 6WDQGRUW GHU YLHU 6LJDQHVHQ 6LH KDWWHQ EHUHLWV XP 8QWHUVWW]XQJ GXUFK (LQKHLWHQ GHU 7ROHUDQ]WUXSSH JHEHWHQ DEHU GLH VFKQHOOHQ *OHLWHU ZUGHQ6WQGHQEUDXFKHQXPKLHUHLQ]XWUHIIHQ ³:LU EUDXFKHQ YLHOOHLFKW MHPDQGHQ GHU HLQ 6WFN )HOV PLW HLQHP )XWULWW DXIVSUHQJW´ ³0LW 9HUJQJHQ :HQQ HV GHU :DKUKHLWVILQGXQJ GLHQW´ VDJWH 7HNHQHU XQG VFKZLUUWH XP GHQ )HOVHQ KHUXP 'HU 0DQQ VDK MHW]W GLH +DQGVFKHLQZHUIHU GHU YLHU 6SH]LDOLVWHQ 6LH VFKLHQHQ HLQHQ P|JOLFKHQ (LQJDQJ LQ GDV EHZXWH /DE\ULQWK JHIXQGHQ ]XKDEHQ 7HNHQHUV )OXJJHUlW VXPPWH XQG HLQ 5HJHQ YRQ /DYDWURSIHQ VSUDQJYRQVHLQHP$EZHKUIHOG 'DQQ EUHPVWH 7HNHQHU DE XQG EOLHE GLFKW KLQWHU /HP\ 'DQJHU XQG VHLQHQ )UHXQGHQLQGHU/XIWVFKZHEHQ ³:DVKDEHQ6LH"´IUDJWHHU ³(LQHQJHWDUQWHQ(LQJDQJ+LHU'LHDXIWUHIIHQGHQ/LFKWNUHLVHEH]HLFKQHQGLHYLHU (FNHQ(VLVWHLQ0DWHULDOGDVYRQDXHQZLHHFKWHU)HOVDXVVLHKWXQGQXUPLWXQVHUHQ 6SH]LDOJHUlWHQ]XHQWGHFNHQZDU9RQLQQHQGUIWHHVGXUFKVLFKWLJVHLQ³ ³*XW=XU6HLWH)UHXQGH´ 7HNHQHUKREGLH:DIIHVFKDOWHWHPLWGHUIUHLHQ+DQGVHLQHQ6FKLUPDXVXQGVDK ]XZLHGLH6LJDQHVHQQDFKDOOHQ6HLWHQGLFKWDUQ)HOVHQGDYRQVFKZLUUWHQ'DQQEUDFK HLQGQQHU)HXHUVWUDKODXVVHLQHU:DIIH(UWUDIDXIGHQ)HOVHQDXIXQGVFKPRO]LKQ ³1LFKW]XYLHO]HUVW|UHQ´VDJWH/HP\'DQJHUODXW ³)DVWIHUWLJ´JDE7HNHQHUNQDSS]XUFN 'HU (QHUJLHVWUDKO IUD HLQH UHFKWHFNLJH 6SXU LQ GHQ )HOVHQ 'LH )XUFKH ZDU HLQLJH +DQGEUHLWHQ WLHI 6FKOLHOLFK DOV VLFK $QIDQJ XQG (QGH GHU 5LOOH WUDIHQ NLSSWH GHUKHUDXVJHVFKQLWWHQH%ORFNQDFKYRUQ7HNHQHUVFKDOWHWHGLH:DIIHDXVJLQJQlKHU KHUDQXQGJULIIPLWEHLGHQ+lQGHQ]X(UVWHPPWHGHQVFKZHUHQ%ORFNKHUDXVXQGOLH LKQIDOOHQ (LQ VDXEHU DXVJHIXJWHU URKHU 6FKDFKW ODJ YRU LKP XQG VHLQHQ $XJHQ $Q GHQ 5lQGHUQ ZDU HU ]HUVW|UW XQG JOLFK HLQHU $QVDPPOXQJ YRQ EHUHLQDQGHUJHODXIHQHQ :DFKVWURSIHQ ³%OHLEHQ6LHELWWHKLHU:LUGULQJHQHLQ´VlJWH/HP\ ³9HUVWDQGHQ³ (UVDKUXKLJ]XZLHGLHYLHU0lQQOHLQZLHGHUDXVGHU'XQNHOKHLWKHUYRUVFKRVVHQ
'LH1DFKWGHU9XONDQH
M
$WODQ
XQGLKUH7RUQLVWHUVFKUDXEHQLQUDVHQGHU(LOHDEOHJWHQ'DQQULVVHQVLHGLH:DIIHQDXV GHQ7DVFKHQXQGVWUPWHQLQGHQ.RUULGRUKLQHLQ1DFKHLQLJHQ0HWHUQVDKHQVLHGD VLFK KLHU LP )HOVHQ GLH $XIODJHEO|FNH IU GHQ .LHOHLQHV VFKZHUHQ *OHLWHUV EHIDQGHQ DOVRGLHQWHGLHVHU7HLOGHV/DE\ULQWKVDOV6FKOHXVHQKDQJDU ³1LFKWJHUDGHUDIILQLHUWDEHUEUDXFKEDU´NRPPHQWLHUWH/HP\ (U UDQQWH DQ GHU 6SLW]H VHLQHU 0lQQHU KLQWHU GHP /LFKWNHJHO VHLQHV 6FKHLQZHUIHUVKHU ³9RUVLFKW6LHN|QQWHQVLFKZDKUHQ³ULHI3\FREHU)XQN 'DQJHU VFKDOWHWH VHLQHQ $EZHKUVFKLUP HLQ +XQGHUW ]ZHLKXQGHUW 6FKULWWH ODQJ JLQJ HV LQ HLQHP OHLFKWHQ %RJHQ YRUZlUWV 'LH :lQGH GHV *DQJHV ZDUHQ URK EHDUEHLWHW XQG QXU HLQH .HWWH SULPLWLYHU %HOHXFKWXQJVN|USHU EHIDQGHQ VLFK LQ XQUHJHOPlLJHQ $EVWlQGHQ DQ GHU 'HFNH 'DQQ KLHOWHQ GLH YLHU 6SH]LDOLVWHQ DQ HLQHU 6FKOHXVH /HP\'DQJHUEOLFNWHLQGLH*HVLFKWHUVHLQHU)UHXQGH ³9HUGDPPW :LU ZHUGHQ LKQHQ ]HLJHQ ZDV HV EHGHXWHW HLQHP 8OWUD.KRRQ ]X JHKRUFKHQ´PXUPHOWHHU]ZLVFKHQGHQ=lKQHQ ,Q GHQ *HVLFKWHUQ GHU DQGHUHQ ZDUHQ GLHVHOEH :XW GLHVHOEH 0HQJH DQ $QVSDQQXQJXQG1HUYRVLWlW]XVHKHQ6LHQLFNWHQVLFK]XGDQQUL'DQJHQGLHlXHUH 7UGHV'UXFNVFKRWWVDXI ³+LQHLQ´ 6LHKLHOWHQ$EVWDQGGHQQVLHKDWWHQLKUH6FKLUPHHLQJHVFKDOWHWGLHLKUH.|USHU NXJHOI|UPLJ XPKOOWHQ 'LH LQQHUH 6FKOHXVHQWU |IIQHWH VLFK GDQQ HUNDQQWHQ GLH YLHU 0lQQHUGDVLHJHQDXGHQ3XQNWHUUHLFKWKDWWHQGHQVLHXQEHZXWJHVXFKWKDWWHQ 6LH EHIDQGHQ VLFK DP REHUHQ (QGH HLQHV OHLFKW NRQLVFKHQ 5RKUHV GDV PLQGHVWHQVIQI]HKQ0HWHUGXUFKPD:HLWHUXQWHQVFKUXPSIWHGHU'XUFKPHVVHUQLFKW QXU RSWLVFK VRQGHUQ DXFK LQ :LUNOLFKNHLW DXI HWZD IQI 0HWHU ]XVDPPHQ 'LH 7LHIH EHWUXJ UXQG GUHLLJ 0HWHU 9RQ REHQ ELV XQWHQ GXUFKOLHI HLQH 6SLUDOH GHQ =ZLVFKHQUDXP $OOHV ZDU HUKHOOW EHUDOO VDK PDQ DXVJHVSURFKHQ GXUFKGDFKWH .RQVWUXNWLRQHQ /HP\'DQJHUGHXWHWHQDFKYRUQXQGVDJWH ³/RV1DFKXQWHQ:LUVFKLHHQMHGHQPLWGHP/lKPVWUDKOHUQLHGHUGHUVLFKXQV LQGHQ:HJVWHOOW´ ³(LQYHUVWDQGHQ´PXUPHOWH2WULQRW 6LH JLQJHQ VFKQHOO ZHLWHU +LHU EHIDQGHQ VLH VLFK DP $QIDQJ GHU 6SLUDOH GLH HWZDGUHLLJ5XQGXQJHQXPIDWH$OVVLHORVOLHIHQEOLHEHQGLH=LPPHUXQG+DOOHQGLH :HUNVWlWWHQ XQG GLH (LQJlQJH GHU (QHUJLHVWDWLRQHQ UHFKWV YRQ LKQHQ ,QQHUKDOE YRQ ZHQLJHQ0LQXWHQKDWWHQVLHHLQHPHKUIDFKHDEHUZLUNVDPH6WUDWHJLHHQWZLFNHOW-HGHU GHFNWH MHGHQ 6LH |IIQHWHQ GLH 6FKRWWH XQG IHXHUWHQ ZHQQ VLFK LKQHQ MHPDQG HQWJHJHQVWHOOWH6LHNlPSIWHQVLFK0HWHUXP0HWHUYRUZlUWVXQG]XJOHLFKDEZlUWV ³,FK KDEH HLQH LQWHUHVVDQWH )HVWVWHOOXQJ JHPDFKW´ VDJWH 3\FR KHFKWHWH KLQWHU HLQHQ 3IHLOHU XQG IHXHUWH DXI HLQHQ MXQJHQ 0DQQ GHU DXV HLQHU 7U KHUDXVUDQQWH XQG HLQHNXU]OlXILJH:DIIHDXILKQULFKWHWH'HU0DQQVWROSHUWHXQGNUDFKWH]X%RGHQ /HP\ VSXUWHWH IQI]LJ 0HWHU ZHLWHU DEZlUWV XQG KROWH ZHLW DXV (U ZDUI HLQH *UDQDWH TXHU EHU GHQ =ZLVFKHQUDXP 6LH VFKOXJ DXI GHU 5DPSH DXI GHWRQLHUWH XQG VDQGWHJUHOOJUQH6FKZDGHQYRQ6FKODIJDVDXV ³:DV ZROOWHVW GX VDJHQ"´ IUDJWH HU XQG IHXHUWH DXI HLQH *UXSSH YRQ GUHL
'LH1DFKWGHU9XONDQH
M
$WODQ
ZHLJHNOHLGHWHQ0lQQHUQ ³(VVLQGDOOHV$PRNOlXIHU6LHVWHKHQXQWHU´NHXFKWH3DGLOORXQGVFKOHXGHUWH HLQH 1DUNRVHJDVJUDQDWH LQ HLQHQ 6DDO LQ GHP GLH 0lQQHU GHV /DE\ULQWKV DXIJHVSUXQJHQZDUHQXQG]XGHQ:DIIHQJULIIHQ ³8QWHUIUHPGHP:LOOHQ´VFKULHHUDXIJHEUDFKW ³6RLVWHV8OWUD.KRRQLVWGDV6WLFKZRUW³ 6LH NlPSIWHQ ZLH GLH 5DVHQGHQ 'LH DQJHVWDXWH :XW GD HV HLQ 6LJDQHVH JHZDJW KDWWH GHP 3ODQHWHQ XQG GHVVHQ %HY|ONHUXQJ HLQH VROFKH 6FKPDFK DQ]XWXQ HQWOXGVLFKMHW]W8QPHUNOLFKXQGRKQHGDHUHVGLUHNWZROOWHO|VWHVLFK/HP\'DQJHU DXVGHUNOHLQHQ*UXSSH(UZXUGHLPPHUVFKQHOOHU²HUVXFKWHGHQ+DXSWYHUGlFKWLJHQ
:lKUHQG /HP\ 'DQJHUVWHKHQEOLHE XQG VLFK XPVDK ZXWH HU GD HLQLJH 6SLUDOZLQGXQJHQ EHU LKP VHLQH GUHL )UHXQGH GLH DQGHUHQ 6LJDQHVHQ XQVFKlGOLFK ]X PDFKHQYHUVXFKWHQ +LHUOHEWHQHLQLJHKXQGHUW6LJDQHVHQGLHVLFKLP%DQQHLQHUK\SQRVXJJHVWLYHQ 0DFKW EHIDQGHQ²]ZHLIHOORV GLH ([SHULPHQWLHUSHUVRQHQ GHV YHUEUHFKHULVFKHQ :LVVHQVFKDIWOHUV ,QGHP +RKOUDXP LQ GHU )ODQNH GHV 9XONDQV JDE HV =LPPHU XQG 6FKXOXQJVUlXPH :HUNVWlWWHQ XQG /DERUV DOVR DOOHV ZDV GD]X JHHLJQHW ZDU 9HUEUHFKHUZLGHU:LOOHQVKHUDQ]XELOGHQ ³5HJXULFKNRPPH´PXUPHOWH'DQJHU]ZLVFKHQ]XVDPPHQJHELVVHQHQ=lKQHQ (U GDFKWH DQ GHQ 7UDQVPLWWHU GXUFK GHQ GHU 5HVW GHU 1$7+$1*DQJVWHU JHIORKHQ ZDU :HQQ DXFK KLHU HLQ VROFKHV *HUlW H[LVWLHUWH GDQQ NRQQWHQ VLH VLFK ZLHGHUXP DEVHW]HQ (U VSXUWHWH ORV XQG HQWGHFNWH QDFK ZHQLJHQ 0HWHUQ LQ HLQHP JODVYHUNOHLGHWHQ5DXPHLQH1RWWUHSSHGLHDQGHU$XHQVHLWHGHU6SLUDOHHQWODQJQDFK XQWHQIKUWH+LHUJDEHVQRFKNHLQH6FKZDGHQYRQ1DUNRJDV /HP\ QDKP GLH 0DVNH DE WDW HLQLJH $WHP]JH IULVFKHU /XIW XQG VWUPWH PLW JH|IIQHWHP+HOPZHLWHU (U VSUDQJ YRQ 7UHSSHQDEVDW] ]X $EVDW] ZLUEHOWH GLH 6WXIHQ KLQXQWHU XQG ZHFKVHOWH LQ MHGHP ³6WRFNZHUN´ ZLHGHU KLQDXV DXI GLH 5DPSH hEHUDOO ZXUGH HU LQ NOHLQH*HIHFKWHYHUZLFNHOW$EHUHUVFKRVHKUVFKQHOOXQGYRUDOOHPZDQGWHHUVHLQHQ /lKPVWUDKOHU VFKRQ DQ HKH GLH DQGHUHQ HWZDV PHUNWHQ 'HU hEHUIDOO KDWWH VLH DQVFKHLQHQGPLWWHQLP6FKODIEHUUDVFKW :LHGHUVWUPWHHU]XUFN]XU7UHSSH $XV HLQHP =LPPHU ZDUI VLFK HLQ EODXJHNOHLGHWHU 6LJDQHVH KRE GLH :DIIH XQG VFKRQDFK'DQJHU/HP\OlKPWHGLH+DQGXQGGLH.QLHGHV0DQQHVGDQQZDUHUPLW ]ZHL6lW]HQEHLGHP+\SQRWLVLHUWHQ (UVWDUUWHLKPLQGLH$XJHQXQGIUDJWH ³,FKVXFKHGHQ&KHI:RLVWHU"´ 6HLQH 6WLPPH ZDU HEHQVR ]ZLQJHQG ZLH HLQ K\SQRWLVFKHU %HIHKO =ZHLIHOORV ZLUNWHDXFKGDVhEHUUDVFKXQJVPRPHQW'HU0DQQYRULKPPXUPHOWH ³8QWHQLQVHLQHP%UR1HEHQGHP6FKQHOODXI]XJ´ ³'XZLUVWLKQQLFKWZDUQHQN|QQHQ´PXUPHOWH/HP\XQGOLHILQGLH5LFKWXQJLQ GLHGHU9HUWHLGLJHUXQZLOONUOLFKJHEOLFNWKDWWH 1DFKGHP HU GDV GULWWH 6FKRWW DXIJHULVVHQ KDWWH HQWGHFNWH HU HLQHQ NOHLQHQ
'LH1DFKWGHU9XONDQH
M
$WODQ
$QWLJUDYVFKDFKW (U VWUHFNWH GLH +DQG GXUFK GLH (LQVWLHJV|IIQXQJ GLH $QODJH ZDU HLQJHVFKDOWHW :lKUHQG 'DQJHU QDFK XQWHQ VFKZHEWH XQG GHQ 6WUDKOHU3URMHNWRU VHLQHU .RPELQDWLRQVZDIIHHLQVFKDOWHWHGDFKWHGHU8626SH]LDOLVW $OVRLVWHVGRFK%ROWVFKD5HJXU'LHVHU0DQQLVWGHU8OWUD.KRRQ (UQLFNWHJULPPLJ 'LH 6WXQGH GHU OHW]WHQ $EUHFKQXQJ ZDU JHNRPPHQ -HW]W ZUGHQ VLH GLH (KUH GHV VLJDQHVLVFKHQ 9RONHV ZLHGHUKHUVWHOOHQ N|QQHQ 6HOEVW ZHQQ HLQLJH GHU HQWIKUWHQ XQG K\SQRVXJJHVWLY EHKDQGHOWHQ 0lQQHU GLHVHP /DE\ULQWK HQWIOLHKHQ NRQQWHQ PDQ ZUGHVLHDOOHDXIVSUHQXQGGLHVHP9HUEUHFKHQDXI6LJDHLQIUDOOHPDOGHQ*DUDXV PDFKHQ /HP\'DQJHUODQJWHQDFKGHP*ULII]RJVLFKQDFKGUDXHQXQGIHGHUWHDXIGHQ ZHLFKHQ%RGHQ+LHUHPSILQJLKQ6WLOOH1LFKWVK|UWHPDQKLHUDXIGHUXQWHUVWHQ(EHQH GHU6SLUDOHYRQGHP/lUPGHV.DPSIHVGHQGLHGUHL)UHXQGHQDFKXQWHQWUXJHQ:R ZDUGDV%URGHV9HUEUHFKHUV" /HP\VFKDOWHWHYRUVLFKWVKDOEHUVHLQ$EZHKUIHOGHLQXQGJLQJ]|JHUQGYRUZlUWV ³'RUWYRUQ´ (U KDWWH QRFK NHLQH ]ZHL 0HWHU ]XUFNJHOHJW DOV LKP HLQH :HOOH YRQ +D XQG :XWHQWJHJHQVFKOXJ8QWHUGHP$QVWXUPGLHVHUJHZDOWWlWLJHQ*HGDQNHQNUPPWHVLFK /HP\ ]XVDPPHQ DEHU LP JOHLFKHQ $XJHQEOLFN LGHQWLIL]LHUWH HU GLHVH JHLVWLJH $XVVWUDKOXQJ 3DUDSV\FKLVFKH %HHLQIOXVVXQJ 'HU :LVVHQVFKDIWOHU ZDQGWH VHLQH :DIIHQDQ 1XU²'DQJHUZDUGDUDXIYRUEHUHLWHWXQGZDUDEZHKUEHUHLW (U YHUVXFKWH VLFK YRQ GHU HUGUFNHQGHQ 6WLPPXQJ GLH LKQ DXI HLQPDO XPJDE IUHL]XPDFKHQ(UJLQJZHLWHU:LHGHUHLQ0HWHU'LH$XVVWUDKOXQJZXUGHVWlUNHU%LOGHU GHV *UDXHQV GUDQJHQ DXI 'DQJHU HLQ (U IKOWH VLFK VHNXQGHQODQJ LP %DQQ GHU XQEHNDQQWHQ 0DFKW :HLWHU 0LW ]XVDPPHQJHELVVHQHQ =lKQHQ QXU GHU HLQ]LJHQ *HGDQNHQ LP 6LQQ GHP :LVVHQVFKDIWOHU HLQH YROOH /lKPHUODGXQJ LQ GHQ .|USHU ]X VFKLHHQ :HLWHU ,FKELQDXIGHPULFKWLJHQ:HJ'LH%HHLQIOXVVXQJZLUGVWlUNHU (UKREGLH:DIIHELVVLHDXIHLQHQ3XQNWYRULKP]LHOWHGHUHWZDGHU+|KHHLQHV .|USHUV HQWVSUDFK /DQJVDP DOV ZDWH HU GXUFK 6FKODPP EDKQWH HU VLFK HLQHQ :HJ GXUFK+DXQG:XWGXUFKGLH%HIHKOH]XP8PGUHKHQGXUFKHLQHQ:DOGYRQ9HUERWHQ XQGJH]LHOWHQ*HGDQNHQ (QGOLFK JOLWW GLH 7U]XUFNLQ GLH :DQG 'HU 6LJDQHVH VWDQG LP (LQJDQJ HLQHV ULHVLJHQ%URV9RULKPEUHLWHWHVLFKHLQHSKDQWDVWLVFKH6]HQHDXV 'HU 3URIHVVRU DOW XQG KDJHU QDFK YRUQ JHEHXJW XQG GLH +lQGH XP GLH $UPOHKQHQHLQHVPRGHUQHQ6FKZHEHVHVVHOVJHNUDPSIWVDKLKQDXVORGHUQGHQ$XJHQ DQ'DQQEHZHJWHQVLFKVHLQH)LQJHU ³*HEHQ6LHDXI5HJXU´VFKULH/HP\ (LQHQODQJHQ$XJHQEOLFNNRQQWHHUVLFKQLFKWUKUHQ(LQIUHPGHU:LOOHKDWWHLKQ HUJULIIHQ (V ZDU GLH K\SQRVXJJHVWLYH .UDIW YRQ %ROWVFKD 5HJXU 6LH OlKPWH LKQ HU YHUVXFKWH PLW HLQHU IDVW SDQLVFKHQ .UDIWDQVWUHQJXQJ VLFK DXV GHP HUEDUPXQJVORVHQ *ULII ]X O|VHQ 'HU NDOWH 6FKZHL EUDFK DXV /HP\ IKOWH ZLH VLFK VHLQH )LQJHU YHUNUDPSIWHQ
'LH1DFKWGHU9XONDQH
M
$WODQ
³*HKHQ6LHPLUDXVGHP:HJ´VDJWHGHUDOWH0DQQ 6HLQH 6WLPPH ZDU HEHQVR LQWHQVLY ZLH GHU %OLFN VHLQHU $XJHQ (U VFKLHQ YRQ VHLQHU 0DFKW EHVHVVHQ ]X VHLQ 8QG QDWUOLFK ZDU DOOHV RGHU MHGHU GHU VLFK ]ZLVFKHQ LKQXQGVHLQ=LHOVFKREHLQ+LQGHUQLVGDVHUEHVHLWLJHQPXWH/HP\EHPHUNWHRKQH VLFK UKUHQ ]X N|QQHQ GD GHU :LVVHQVFKDIWOHU DXI HLQLJHQ NOHLQHQ 0RQLWRUHQ GLH (UHLJQLVVH LQ GHQ REHUHQ 5lQJHQ GHU 6SLUDOH YHUIROJWH 0HUNWH HU GHQQ QLFKW GD HU YHUORUHQKDWWH" ³*HEHQ6LHDXI*DQ]6LJDLVWKLQWHU,KQHQKHU´EHVFKZRULKQ'DQJHU 6WDWWHLQHU$QWZRUWGUFNWHGHUDOWH0DQQPLWGHPJROGIDUEHQHQ+DDUDXIHLQHQ 6FKDOWHU $XV YLHU (FNHQ EUDFKHQ )HXHUVWUDKOHQ XQG YHUZDQGHOWHQ GHQ .|USHUVFKLUP YRQ 'DQJHU LQ HLQH .XJHO DXV )HXHU XQG *OXW 'LH 3URMHNWRUHQ U|KUWHQ XQG SILIIHQ NUHLVFKHQG 5LQJVKHUXP YHUZDQGHOWHQ VLFK 7HSSLFK :DQGYHUNOHLGXQJ XQG *HUlWH LQ $VFKHXQG*DVH 'HU 6FKRFN UL 'DQJHU DXV VHLQHU 6WDUUH (U PHUNWH ZLH LP $XJHQEOLFN GHV )HXHUEHUIDOOVGHU:LVVHQVFKDIWOHUVHLQHJHLVWLJH.ODPPHUJHORFNHUWKDWWH/HP\VFKRE VHLQH:DIIHQDFKYRUQPDFKWHHLQSDDU6FKULWWHXQGIHXHUWHPHKUPDOV 'LH (QHUJLH SUDOOWH DQ HLQHP 6FKLOG DXV UHLQHU (QHUJLH DE GHQ GHU :LVVHQVFKDIWOHU YRU VLFK HUULFKWHW KDWWH 6HOEVW VHLQH $XJHQ VFKLHQHQ )HXHU ]X VSUKHQDOVHUDXIVSUDQJXQG]XU6HLWHKXPSHOWH 'DQJHUIROJWHLKPZHFKVHOWHGLH:DIIHXQGVFKRHLQPDOPLWGHP6WUDKOHU 'RQQHUQG O|VWH VLFK GHU 6FKX VWUHLIWH GHQ SODWWHQI|UPLJHQ 6FKLUP XQG IXKU LQ :lQGHXQG'HFNH 'HU6HVVHOIROJWHGHP:LVVHQVFKDIWOHUKROWHLKQHLQXQGGHU0DQQVHW]WHVLFK KLQHLQ 1RFK LPPHU LP 6FKXW] GHV 6FKLUPHV VFKZHEWH GDV *HUlW UFNZlUWV ELV ]X HLQHU 8QWHUEUHFKXQJ LQ ]ZHL JURHQ )HQVWHUQ GLH MHQH ZLOGH 6]HQHULH GRUW GUDXHQ ]HLJWHQ ³:HQQ6LHIOLHKHQYHUOLHUHQ6LHGHQOHW]WHQ5HVWYRQ(KUH´VFKULH/HP\'DQJHU XQGIROJWHGHP:LVVHQVFKDIWOHU %ROWVFKDV6HVVHOGUHKWHVLFKXPQHXQ]LJ*UDG 'LH JODWWH 5FNHQOHKQH XQG GHU 6FKZHEHPHFKDQLVPXV ERWHQ HLQ JXWHV =LHO VFKLUPWHQ5HJXUDEHUQDFKKDOWLJDE 'LH7UJOLWWDXIGHU6HVVHOVFKZHEWHKLQDXV ³'X+XQG´NQLUVFKWH'DQJHU (UUDQQWHGHP:LVVHQVFKDIWOHUQDFK-HW]WDOVGLH/lKPXQJYRQLKPJHZLFKHQ ZDUVSUWHHUQXUQRFKGLH:XWDXIGLHVHQ(KUORVHQ (UJDE]ZHL6FKVVHDXVGHP3DUDO\VDWRUDE 'HU 0DQQ KLQWHU GHU KRKHQ /HKQH VFKULH DXI DEHU HU YHUULQJHUWH GLH *HVFKZLQGLJNHLW QLFKW 'DQQ EOLHE 'DQJHU VWHKHQ VFKDOWHWH GHQ KLQGHUOLFKHQ 6FKXW]VFKLUP DXV XQG KRE GHQ VFKZHUHQ 6WUDKOHU (U OHKQWH VLFK DQ GLH :DQG ]LHOWH PLWEHLGHQ+lQGHQXQGVFKRJHQDXXQWHUGHQ6LW]GHVVHOWVDPHQ*HIlKUWV .UDFKHQGGHWRQLHUWHQGRUWGLH.UDIWDQODJHQ ³,FK KDOWH GLFK DQ ´ PXUPHOWH 'DQJHU ZWHQG (U SUHWH GLH =lKQH DXIHLQDQGHU'HU6HVVHOVFKOHXGHUWHVDFNWHWLHIXQGILQJVLFKZLHGHUDE(LQHVFKZDU]H 4XDOPZRONH HQWZLFNHOWH VLFK XQG IOOWH ELQQHQ 6HNXQGHQ GHQ VFKPDOHQ NXU]HQ .RUULGRUYROONRPPHQDXV'DQJHUNRQQWHJHUDGHQRFKHUNHQQHQZLHGHU6HVVHOQDFK YRUQ NLSSWH XQG JOHLFK]HLWLJ DP %RGHQ DXIVFKOXJ 'LH *HVWDOW GHV :LVVHQVFKDIWOHUV
'LH1DFKWGHU9XONDQH
M
$WODQ
ZXUGHLPKRKHQ%RJHQDXVGHP6LW]JHVFKOHXGHUWXQGEHUVFKOXJVLFKPHKUPDOVLQGHU /XIWHKHGHUDOWH0DQQ]X%RGHQNUDFKWH /HP\JLQJYRUVLFKWLJZHLWHU 3O|W]OLFK ]XFNWHQ DXV GHP VFKZDU]HQ EHWlXEHQGHQ 4XDOP YRU LKP PHWHUODQJH %OLW]HDXI6LHWUDIHQGHQ%RGHQGLH:DQGXQGGLH'HFNHXPLKQKHUXP/HP\]LHOWH NXU]HVZDUIDVWHLQH5HIOH[KDQGOXQJ²GDQQVFKRHU]ZHLPDO $OV GHU 'RQQHU GHU ([SORVLRQHQ QLFKW PHKU LQ VHLQHQ 7URPPHOIHOOHQ QDFKWREWH UKUWHVLFK2EHUVW/HP\'DQJHUZLHGHU ³6LHVLQGDP(QGH,KUHV:HJHV5HJXU³VDJWHHUKDUW (LQH YHUVWHFNWH $QODJH VDXJWH EUXPPHQG GHQ 4XDOP DE 'DV %LOG ZXUGH GHXWOLFKHU/HP\JLQJQlKHUDQGHQEUHQQHQGHQXPJHVWU]WHQ6FKZHEHVHVVHOKHUDQ (U VDK HLQH EUHLWH 6FKXVSXU GHUHQ JOKHQGH 5lQGHU GXUFK GHQ OHLFKWHQ 5HJHQ DXV HLQHU6SULQNOHUDQODJHJHO|VFKWZXUGHQXQGZHLHQ'DPSIDEVRQGHUWHQ 'HU:LVVHQVFKDIWOHUDQWZRUWHWHQLFKWPHKU 'LH0QGXQJGHU:DIIHDXIGHQ.RSIFOHV0DQQHVYRULKPJHULFKWHWJLQJ/HP\ QlKHU KHUDQ 6HLQH $XJHQ YHUIROJWHQ GLH 6FKXVSXU 6LH HQGHWH JHQDX GRUW ZR GDV +DQGJHOHQNGHV:LVVHQVFKDIWOHUVDP%RGHQDXIODJ$XVGHQJHNUPPWHQ)LQJHUQZDU HLQHNOHLQHVWXPSIQDVLJH:DIIHJHIDOOHQ ³(ULVWDP(QGHDQJHODQJW´IOVWHUWH'DQJHU (UVDKLQGLH$XJHQHLQHV7RWHQ /HP\ GUHKWH VLFK DXI GHP $EVDW] XP XQG YHUOLH GHQ *DQJ (U EOLHE YRU GHP JURHQ 6FKUHLEWLVFK GHV WRWHQ :LVVHQVFKDIWOHUV VWHKHQ XQG EHWUDFKWHWH QDFKGHQNOLFK GLH6FKDOWHUXQG.Q|SIHGLH%LOGVFKLUPH/LQVHQVlW]HXQG0LNURSKRQH'DQQQDFKGHP HUGLH0HKU]DKODOOHU$XIVFKULIWHQJHOHVHQKDWWHGUFNWHHUQDFKHLQDQGHUVLHEHQ.Q|SIH KLQHLQXQG|IIQHWHGHQ+HOPVHLQHV.DPSIDQ]XJHVY|OOLJ ³+LHU VSULFKW 2EHUVW /HP\ 'DQJHU´ VDJWH HU ³'HU 0DQQ GHU GLHVHV /DE\ULQWK EHKHUUVFKWHLVWWRW+|UWPLWGHP.DPSIDXI´ (U EHNDP &DSWDLQ .DODVV 2WULQRW DXI HLQHQ %LOGVFKLUP GHU 3RVLEL0RGHOOLHUHW KREGLH+DQGXQGZDQGWHVHLQVFKZLW]HQGHV*HVLFKWGHU/LQVHHQWJHJHQ ³ 9HUVWDQGHQ /HP\ ³ VFKULH HU ³(V JLEW RKQHKLQ QLFKWV PHKU ]X NlPSIHQ 6LH VLQGDOOHDXVJHVFKDOWHW´ ³9HUVWDQGHQ.DODVV´VDJWH/HP\³,FKVHKH3DGLOORDEHUZRLVW,PVFK"´ ³,PVFK 3\FR YHUVXFKW HEHQ HLQHQ *OHLWHU DXI]XKDOWHQ GHU RIIHQVLFKWOLFK ]XU )OXFKWEHQXW]WZLUG,FKELQIURKGDQLFKW5HJXUGDULQQHQVD´ ³,FK DXFK´VDJWH 'DQJHU 6HLQH 6WLPPH ZXUGH LQ DOOH 5lXPH GLHVHV /DE\ULQWKV EHUWUDJHQ³:LUWUHIIHQXQVLQZHQLJHQ0LQXWHQKLHUXQWHQLP%UR5HJXUV´ (LQHHWZDVOHLVHUH6WLPPHPHOGHWHVLFKEHUGLH*HJHQVSUHFKDQODJH ³'HU *OHLWHU LVW ZHJ ,FK NRQQWH LKQ QLFKW PHKU WUHIIHQ +LHU VSULFKW ,PVFK²LFK KDEHDOOHVJHK|UW:RLVWGLHVHV%UR"´ /HP\ 'DQJHU JDE HLQH JHQDXH 6FKLOGHUXQJ ZR VLH GHQ 5DXP ILQGHQ NRQQWHQ $OOHV DQGHUH ZDU QLFKW PHKU LKUH 6DFKH ,Q NXU]HU =HLW ZUGHQ GLH VFKZHUHQ .DPSIJOHLWHUGHU7ROHUDQ]WUXSSHKLHUVHLQDXHUGHPZUGHPDQYRQGHQWHUUDQLVFKHQ 5DXPVFKLIIHQ DXV MHGH %HZHJXQJ KLHU XQWHQ EHREDFKWHQ $OOHUGLQJV ZHQQ GHU 3LORW GLHVHV *OHLWHUV JHVFKLFNW JHQXJ ZDU XQG VLFK KLQWHU 5DXFKZRONHQ EHU /DYDElFKHQ XQG LQ GHQ WLHIHQ 6FKOXFKWHQ ]ZLVFKHQ GHQ %HUJHQ YHUERUJHQ KLHOW GDQQ ZDU HLQH (QWGHFNXQJVHKUVFKZHUZHQQQLFKWXQP|JOLFK
'LH1DFKWGHU9XONDQH
M
$WODQ
/HP\IDQGHLQH)ODVFKHXQGPHKUHUH*OlVHULP6FKUHLEWLVFKGHV0DQQHVGHQHU JHW|WHWKDWWH (U JR VLFK HLQ *ODVKDOE YROO ZLVFKWH VLHK 6FKZHL XQG 6HKPXW] DXV GHP *HVLHKWXQGZDUWHWH/DQJVDPJLQJHUDQGLHEHLGHQ)HQVWHUKHUDQGLHLP6LFKWVFKXW] HLQHU GDFKDUWLJ YRUVSULQJHQGHQ .OLSSH HLQHQ KHUYRUUDJHQGHQ %OLFN DXI GHQ /DYDVWURP XQGGDV+RFKSODWHDXERWHQ $OVHUGLH%HZHJXQJVDKKLHOW/HP\'DQJHUHUVFKURFNHQGHQ$WHPDQ 'LH6RQQHJLQJHEHQDXI ,KU /LFKW YHUZDQGHOWH GLH /DQGVFKDIW ZLHGHU LQ GLH KHOOH JUDXHQYROOH gGH GHV 7DJHV -HGHU GHU YLHOHQ )HOVEURFNHQ ZDUI HLQHQ ODQJHQ 6FKDWWHQ 'LHVH VFKZDU]HQ /LQLHQ¶EHU]RJHQGLH)OlFKHPLWHLQHP0XVWHUDXVGUHLHFNLJHQ6WUHLIHQ =ZLVFKHQGHQ)HOVHQEHZHJWHQVLFK]ZHL*HVWDOWHQ /HP\]RJGHQ)HOGVWHFKHUKHUDXVVWHOOWHLKQHLQXQGVWDUUWHKLHUGXUFK 6LQFODLU0DURXW.HQQRQXQGHLQXQHNDQQWHU(UWUXVHUNlPSIWHQPLWHLQDQGHUQDKH GHV)HOVDEVWXU]HV (VZDUHLQ.DPSIDXI/HEHQXQG7RG :lKUHQG HU GHP JHVFKOHXGHUWHQ )HOVEURFNHQ QXU GHVZHJHQ HQWJLQJ ZHLO GLH PHKUIDFK VFKQHOOHUHQ 5HIOH[H VHLQHV 0DVFKLQHQN|USHUV LKQ UHFKW]HLWLJ KDWWHQ DXVZHLFKHQODVVHQGDFKWH.HQQRQDQGLH6LJDQHVHQXQGDQVHLQHQ)UHXQG7HN =ZHLIHOORVKDWWHQVLHLQ]ZLVFKHQ²ZHQQHUDOOHGXUFKJHNRPPHQHQ)XQNVSUFKH QLFKWLJLQWHUSUHWLHUWH²GDV+DXSWTXDUWLHUGHV8OWUD.KRRQHUREHUW 8QGGLHVHUJHKHLPQLVYROOH0DQQZDUWDWVlFKOLFKGHUEHUKPWH%ROWVFKD5HJXU 'HU(UWUXVHUEUOOWHDXIXQGVWU]WHVLFKZLHGHUDXI.HQQRQ 6LH VWHFNWHQ EHLGH LQ LKUHQ $Q]JHQ 1DFK HLQHU ZLOGHQ -DJG GXUFK GLH JHVSHQVWLVFKHQ 6]HQHULH KDWWH .HQQRQ GHQ (UWUXVHU VWHOOHQ N|QQHQ $XJHQEOLFNOLFK KDWWH GHU )OFKWHQGH DXI .HQQRQ JHVFKRVVHQ DEHU QRFK ZlKUHQG GHV HUVWHQ 6FKXZHFKVHOVKDWWHHLQJOKHQGHU)HOVHQGLH+DQGXQGGLH:DIIHGHV(UWUXVHUVKDOE ]HUVFKPHWWHUW 7URW]GHP ZHKUWH HU VLFK PLW GHP 0XW GHV 7RGJHZHLKWHQ .HQQRQ ZDUWHWH GHQ $QJULII DE ZDUI VLFK ]XU 6HLWH XQG KHFKWHWH LQ GLH KHLH $VFKH GHU +RFKHEHQH'HU(UWUXVHUUDVWHDQLKPYRUEHLXQGILQJVLFKDQHLQHP)HOVHQDEOQGHU NDOWHQ +HOOLJNHLW GHV 0RUJHQV GLH GXUFK 5DXFKVFKOHLHU JHILOWHUW ZXUGH XQG GXUFK *DVVFKZDGHQOHXFKWHWHZXUGHGLHVHU.DPSI]XHLQHPXQZLUNOLFKHQ(UHLJQLV 'HU(UWUXVHUVFKLHQDXIGLH(QWVFKHLGXQJ]XGUlQJHQ :LHGHUZLFK7HNHQHUDXV6HLQ$UPEHVFKULHEHLQHQ+DOENUHLVGDQQNUDFKWHGLH VWlKOHUQH+DQGNDQWHJHJHQGHQ8QWHUDUPGHV(UWUXVHUV :LHGHUVFKULHGHU5LHVHDXIZLFK]XUFNXQGVWROSHUWH (UEFNWHVLFKKREHLQHQ)HOVHQDXIGHUPLQGHVWHQVHLQHQKDOEHQ=HQWQHUZRJ XQGVFKOHXGHUWHLKUHPLWDOOHU:XFKWQDFK.HQQRQ.HQQRQOHQNWHGHQ%URFNHQPLWGHP $UP DE GDQQ UDQQWH HU PHKUHUH 6FKULWWH VFKUlJ YRUZlUWV XQG EUHPVWH DE ,Q HLQHU GLFKWHQ5XZRONHNDPHU]XP6WHKHQ 'HU (UWUXVHU WUDW JHJHQ HLQHQ XUDOWHQ /DYDEURFNHQ GHU PRQROLWKDUWLJ DXV GHP 6RGHQZXFKV
'LH1DFKWGHU9XONDQH
M
$WODQ
'HU OLQNH $UP GHV )UHPGHQ KLQJ EHZHJXQJVORV KHUXQWHU XQG VFKOHQNHUWH EHL MHGHU %HZHJXQJ KLQ XQG KHU (LQPDO VDK .HQQRQ KLQWHU GHU YHUNUXVWHWHQ ]HUVFKUDPPWHQ 6LFKWVFKHLEH GHV *HJQHUV GHVVHQ $XJHQ 6LH EUDQQWHQ KHOO XQG HUEDUPXQJVORV'LHVHU0DQQKDWWHVLFKGDPLWDEJHIXQGHQKLHUDXI6LJD]XVWHUEHQ $EHU HU ZROOWH VHLQHQ *HJQHU PLWQHKPHQ 1DFK GHQ HUVWHQ 6FKODJZHFKVHOQ ZXWHHUGDHUQLFKWPLWHLQHPQRUPDOHQ7HUUDQHUNlPSIWH'LHVHU0DQQKLHUVFKLHQ .UlIWHZLHHLQ7LWDQ]XKDEHQ 'LH6lXOHDXV9XONDQJHVWHLQVSOLWWHUWHXQWHUGHU:XFKWGHV7ULWWHVDXVHLQDQGHU %UHLWEHLQLJVWDQG.HQQRQGDXQGZDUWHWHDE0LWHLQHPHLQ]LJHQ6FKXVHLQHU:DIIHQ GHUHQ /lXIH LQ GHQ )LQJHUQ HQGHWHQ KlWWH HU GHQ (UWUXVHU W|WHQ N|QQHQ DEHU GLH )DLUQHKLHOWLKQGDYRQDE 'HU *HJQHU NlPSIWH DXFK QXU PLW GHQ QDWUOLFKHQ +LOIVPLWWHOQ EHU GLH HU YHUIJHQNRQQWH 'HU (UWUXVHU EFNWH VLFK KRE HLQHQ GHU 6SHHUH DXV /DYD DXI KROWH DXV XQG VFKOXXGHUWH LKQ QDFK .HQQRQ (U KDWWH KHUYRUUDJHQG JH]LHOW .HQQRQ YHUVFKUlQNWH EHLGH$UPHYRUGHU%UXVWXQGDOVVLFKGLH6SHHUVSLW]HQlKHUWHVFKOXJHUGLH$UPHYRU GHP.RSIDXVHLQDQGHU 'LH/DYD]HUNUDFKWHLQWDXVHQG6WFNH 'DQQ DEHU QDKP GHU *HJQHU DOOH VHLQH OHW]WHQ .UlIWH ]XVDPPHQ (U YROOIKUWH YRU.HQQRQHLQHQZLOGHQ)HLJHQ(UEFNWHVLFKXQGVFKOHXGHUWHHLQHQGHUVWHLQHUQHQ :XUIVSLHH QDFK GHP DQGHUHQ $OOHV JLQJ UDVHQG VFKQHOO .DXP KDWWH .HQQRQ HLQHV GHU*HVFKRVVHDEJHZHKUWUDVWHGDVQlFKVWHDXILKQ]X 'HU0DQQPLWGHP5RERWN|USHUJLQJODQJVDPYRUZlUWV-HW]WVWDQGGHU(UWUXVHU PLWGHP5FNHQ]XP)HOVDEVWXU] .HQQRQ KRE GHQ $UP ZLVFKWH PLW GHU DQGHUHQ +DQG HLQH ZHLWHUH NHLOI|UPLJH /DYDVSLW]H ]XU 6HLWH XQG VFKDOWHWH GHQ $XHQODXWVSUHFKHU DQ 6HLQH 6WLPPH KDOOWH ]ZLVFKHQGHQ)HOVWUPPHUQKLQXQGKHU ³*HEHQ6LHDXI,FKKlWWH6LHVFKRQOlQJVWW|WHQN|QQHQ´ 6LHVWDQGHQVLFKMHW]WPLWIQI0HWHUQ$EVWDQGJHJHQEHU ,KUH $Q]JH ZDUHQ YHUGUHFNW PLW GHQ %UDQGVSXUHQ GHU KHUDXVJHVFKOHXGHUWHQ /DYDVWFNH JH]HLFKQHW hEHUDOO ODJ GLFN GLH ZHLH $VFKH GHU (EHQH XQG VWDXEWH EHL MHGHU %HZHJXQJ $Q GHQ .DQWHQ GHU 9HUELQGXQJVVWHOOHQ ZR GLH $Q]JH XQGLFKW JHZRUGHQZDUHQIORVVHQVFKZDU]H6SXUHQKHUDXVXQGELOGHWHQEL]DUUH0XVWHULQGHP NUHLGLJHQ 6WDXE 'HU (UWUXVHU VFKZLW]WH VWDUN VHLQH %UXVW KRE XQG VHQNWH VLFK LQ VFKQHOOHP5K\WKUQXV ³*ROWXU0DUDVJLEWQLFKWDXI´VFKULHHU]XUFN ³'DQQZHUGHLFK6LHW|WHQPVVHQ´VDJWH.HQQRQ ³,FKZHUGH6LHPLWQHKPHQ´ .HQQRQVSDQQWHVHLQHHOHNWURPDJQHWLVFKHQ0XVNHOQXQGZDUIVLFKYRUZlUWV$XI GHQ ZHQLJHQ 0HWHUQ GHV $QODXIV HQWZLFNHOWH HU HLQH JURH *HVFKZLQGLJNHLW XQG HLQH IXUFKWEDUH6WRNUDIW'HU(UWUXVHUHUZDUWHWHLKQUXKLJHLQHQMHQHU*HVWHLQVVSHHUHLQGHU +DQG 'DQQHUIROJWHGHU=XVDPPHQSUDOO (V ZDU IXUFKWEDU $OV RE ]ZHL ULHVLJH 3DQ]HUHFKVHQ DXV 7HUUDV 8U]HLW PLWHLQDQGHUNlPSIWHQ.HQQRQV$UPIXKUKRFKXQGEORFNWHGHQZWHQGHQ+LHEDE'HU 6WHLQ]HUVSOLWWHUWHDQVHLQHPUHFKWHQ(OOHQERJHQJHOHQN6WHLQVSOLWWHUVXUUWHQXPKHUXPG
'LH1DFKWGHU9XONDQH
M
$WODQ
VFKOXJHQNUDFKHQGJHJHQ+HOPXQG+DOVEOHQGH 'HU(UWUXVHUZXUGHIQI0HWHUZHLW]XUFNJHZRUIHQXQGWDXPHOWH:LHGHUVFKULH HU DXI .RSI XQG 6FKXOWHUQ .HQQRQV KDWWHQ LKQ LP 0DJHQ JHWURIIHQ 'HU VHFK]HKQ =HQWQHUVFKZHUH0DQQWDXPHOWHGDQQZDQGWHHUVLFK]XU)OXFKW ³+DOW´VFKULH7HNHQHUXQGKREGHQ$UP (U VFKDOWHWH VHLQH YHUERUJHQHQ :DIIHQ DXI 3DUDO\VHVWUDKOXQJ XQG GHXWHWH PLW GHP0LWWHOILQJHUDXIGHQ5LHVHQ 1RFKHLQPDOEUOOWHHUDXV/HLEHVNUlIWHQ ³+DOW´ 'LH 9HUVWlUNHU LQ VHLQHP 0HWDOON|USHU ZXUGHQ ELV LQ GLH *UHQ]ZHUWH KLQHLQ EHODVWHW'HU(UWUXVHUUDQQWHLPPHUVFKQHOOHUZHUGHQGDXIGHQ)HOVDEVWXU]]X'DQQ JHUDGHDOVGHUHUVWH/lKPVFKXDXVGHU:DIIH.HQQRQVIXKUZDUI*ROWXU0DUDVEHLGH $UPHLQGLH/XIWXQGVSUDQJ (UYHUVFKZDQGDXVGHP6LFKWEHUHLFK.HQQRQV ³'LHVHU1DUU´NQXUUWH.HQQRQXQGVWU]WHQDFKYRUQ $P5DQGGHU+RFKIOlFKHKLHOWHUDQXQGVDKKLQXQWHU 'HU.|USHUGHVULHVLJHQ8PZHOWDQJHSDWHQ ILHOHLQLJHKXQGHUW0HWHUVHQNUHFKW KLQXQWHU SUDOOWH GDQQ PLW IXUFKWEDUHU :XFKW JHJHQ HLQHQ )HOVYRUVSUXQJ XQG ZXUGH KHUXPJHGUHKW6LFKVWlQGLJEHUGUHL$FKVHQhEHUVFKODJHQGILHOHUZHLWHU 'DQQVFKOXJGHU.|USHUZLHHLQ*HVFKRLQGHQ/DYDVWURPHLQ (LQHJUDXVFKZDU]H6FKROOHULDXIDQGHQ5lQGHUQIORJHQ6SULW]HUXQG7URSIHQ QDFK DOOHQ 6HLWHQ GDQQ WDXFKWH GHU .|USHU LQ GLH /DYD HLQ (U YHUVFKZDQG PLW GHU GDKLQVWU|PHQGHQ JOXWIOVVLJHQ 0DVVH GLH VLFK ZLHGHU EHU LKP VFKOR ,UJHQGZR ZUGHGHUYHUNRKOWH/HLFKQDPDEJHODJHUWZHUGHQYHUVWHLQHUWPLWGHUHUNDOWHQGHQ/DYD .HQQRQZDQGWHVLFKVFKDXGHUQGDEXQGZDUWHWHHLQLJH6HNXQGHQ 0KVDP EHUXKLJWH HU VLFK GDQQ VFKDOWHWH HU VHLQ )OXJDJJUHJDW HLQ XQG IORJ KLQEHU]XU)ODQNHGHV%HUJHVYRQZRDXVVLFK7HNHQHU]XOHW]WJHPHOGHWKDWWH $OVHUDQNDPVDKHUHLQHQVFKZHUHQ*OHLWHUGHUODQJVDPLQGLHRIIHQHQ6WROOHQ GHV%HUJHVKLQHLQJHVWHXHUWZXUGH 'LH7ROHUDQ]WUXSSHZDUDQJHNRPPHQ
,QQHUKDOE ZHQLJHU 0LQXWHQ ZLPPHOWH HV LQ GHQ *lQJHQ GHV /DE\ULQWKV YRQ 0LWJOLHGHUQGHU7ROHUDQ]WUXSSH .HQQRQ XQG 7HNHQHU ULHIHQ HLQH -HW KHUDE GLH LQ HLQHP UHODWLY VLFKHUHQ *HOlQGHDEVFKQLWWODQGHWHXQGVRIRUWGHQ(QHUJLHVFKLUPXPVLFKVFKORXPQLFKWYRP )HOVKDJHO]HUWUPPHUW]XZHUGHQ 'LH EHLGHQ 0lQQHU ZDUWHWHQ LQ HLQHP 7HLO GHV 6WROOHQV\VWHPV LQ GHP VLH VLFK HLQLJHUPDHQEHTXHPEHZHJHQNRQQWHQ ³$QJHEOLFK´ VDJWH 5RQDOG 7HNHQHU XQG UHLQLJWH VHLQ *HVLFKW PLW HLQHP 6SH]LDOWXFKDXVGHQ7DVFKHQVHLQHV(LQVDW]DQ]XJHV³VROODOOHVVHKUJHKHLPDEODXIHQ $EHUPLQGHVWHQV]ZHLKXQGHUWIQI]LJ0HQVFKHQZLVVHQYRQGHU$NWLRQXQGLKUHP(QGH´ ³'DV DOOHV LVW QRFK QLFKW ]X (QGH´ VDJWH .HQQRQ (U ZDU XQUXKLJ 6HLW HU HUIDKUHQKDWWHGDPLQGHVWHQVHLQ*OHLWHUKDWWHVWDUWHQN|QQHQEOLHEHUPLWUDXLVFK (UKDWWHUHFKW
'LH1DFKWGHU9XONDQH
M
$WODQ
'LH 0lQQHU GHU 7ROHUDQ]WUXSSH VFKZlUPWHQ DXV YRQ ,PVFK 3\FR XQG .DODVV 2WULQRW JHIKUW 6LH KREHQ GDV *URODERU DXV 6LH ZXWHQ LQ]ZLVFKHQ GD GLHVHV /DE\ULQWK QLFKW PLW *HOGPLWWHOQ GHU VLJDQHVLVFKHQ 3ODQHWHQUHJLHUXQJJHEDXW ZRUGHQ ZDUHLQLJH*HKHLPODERUVYRQ%ROWVFKD5HJXUGLHLQDQGHUHQ7HLOHQGHV2GODQGHVYRQ 0\VWUR HUULFKWHW ZRUGHQ ZDUHQ KDWWH PDQ REZRKO VLH RIIHQ ]XJlQJOLFK ZDUHQ OHHU JHIXQGHQ /HP\'DQJHUIKUWHGLH0lQQHUGHU7ROHUDQ]WUXSSHDOVGLHVHGHQ6FKDFKWKLHU XQWHQHUUHLFKWKDWWHQ]XGHP7RWHQ ³(LQH%DKUH´VDJWHMHPDQG³%ULQJWLKQKLQDXI´ 'LH*OHLWHUIOOWHQVLFKLQ]ZLVFKHQPLWEHZXWORVHQ+\SQRWLVLHUWHQGLH]XP7HLO DQILQJHQVLFK]XHUKROHQMHQDFK6FKZHUHGHU7UHIIHU $OVGLH6DQLWlWHUGHQUHJXQJVORVHQ.|USHUDXIGLH$QWLVFKZHUNUDIWEDKUHEHWWHWHQ VW|KQWH%ROWVFKD5HJXUDXI /HP\'DQJHUIXKU]XVDPPHQZXUGHIDKOLP*HVLFKWXQGVWU]WHDXIGHQ0DQQ ]X (UVFKREGLHbU]WH]XU6HLWHXQGVDJWH ³,FKKLHOWLKQIUWRW:DVKDWHUJHVDJW"´ 5HJXUVFKORGLH$XJHQXQGIOVWHUWH ³+DEWLKU*ROWXU0DUDVJHW|WHW"´ ³-D´ VDJWH /HP\ XQG HULQQHUWH VLFK DQ²GHQ $XVJDQJ GLHVHV ZDKQVLQQLJHQ .DPSIHVGHQHUYRQGLHVHP%URDXVEHREDFKWHWKDWWH ³'DVLVWJXW´IOVWHUWHGHU6WHUEHQGH ³:DUXP"´ ³,FK ELQ GHU JHKHLPQLVYROOH 8OWUD².KRRQ ³ ZLVSHUWH GHU :LVVHQVFKDIWOHU 6HLQH0XQGZLQNHO]XFNWHQZLHLP.UDPSI³,FKELQJH]ZXQJHQZRUGHQ´ ³9RQ0DUDV"´HUNXQGLJWHVLFK/HP\OHLVH ³-D´ 8QG QDFK HLQHU ODQJHQ TXDOYROOHQ 3DXVH LQ GHU HU VHLQH OHW]WHQ .UlIWH ]X VDPPHOQVFKLHQIOVWHUWHHUVWRFNHQGPLWLPPHUOHLVHUZHUGHQGHQ6WLPPH ³,FK KDEH JHJHQ PHLQH HLJHQH hEHU]HXJXQJ PHLQH )lKLJNHLWHQ ZLH HLQ 9HUEUHFKHU HLQVHW]HQ PVVHQ LFK KDEH XQVFKXOGLJH 6LJDQHVHQ K\SQRVXJJHVWLY IU GDV9HUEUHFKHQDXVELOGHQPVVHQLFKKlWWHHVQLFKWJHWDQDEHU*ROWXU0DUDVGURKWH PLUZHQQLFKPLFKZHLJHUHZHUGH6LJDDWRPDU]HUVW|UWZHUGHQGHUJDQ]H3ODQHW ´ /HP\IUDJWHYRQGHU(U|IIQXQJHUVFKWWHUWXQGYHUEOIIW ³6HLWZDQQLVWGHU(UWUXVHUKLHU"´ ³5XQGHLQ-DKU´ ³+DWGHU(UWUXVHUGDVKLHUDOOHVHLQJHULFKWHW"´ ³-DHUXQGVHLQHNOHLQHQ5RERWHUXQGGLHHQWIKUWHQ6LJDQHVHQKDEHQGHQ 5HVWDXVJHEDXWVLHZXUGHQYRQPLUJH]ZXQJHQLFKZXUGHYRQ0DUDVJH]ZXQJHQ HUGURKWH6LJD]XYHUQLFK´ 'HU:LVVHQVFKDIWOHUElXPWHVLFKDXIVW|KQWHXQGVWDUE ³8QG DOOH DQGHUHQ )UDJHQ EOHLEHQ RIIHQ´ VDJWH MHPDQG DXV GHU 0DVVH GHU 8PVWHKHQGHQ ³-HGHQIDOOV KDEHQ ZLU GDV *HVFKZU DXVJHEUDQQW´ YHUVLFKHUWH HLQ 0DQQ GHU 7ROHUDQ]WUXSSH³'LH(KUH6LJDVLVWJHUHWWHW´
'LH1DFKWGHU9XONDQH
M
$WODQ
/HP\VDJWH ³6LHWUDQVSRUWLHUHQGLH*HIDQJHQHQXQG%HZXWORVHQDE":RKLQ"´ ³,Q HLQH VSH]LHOOH $QVWDOW GHV 3ODQHWHQ 6LH LVW HEHQIDOOV JHKHLP²GHU *HQHUDO ZLUG,KQHQDOOHVHUNOlUHQ´ -HW]W DP GULWWHQ -XOL EHUOHJWH 2EHUVW 'DULJHU KDWWHQ VLH HLQHQ JURHQ 6FKULWW ]XUFNJHOHJW 6LJD PXWH VLFK VHLQHU )UHXQGH HULQQHUQ GHQQ YLHOH )UDJHQ PXWHQ QRFKJHNOlUWZHUGHQ (UVFKDOWHWHGDV)XQNJHUlWXQGIUDJWH ³.HQQRQ7HNHQHU²PHLQH)UHXQGH6HLGLKUEHLGHU-HW"´ .HQQRQHUZLGHUWHJXWJHODXQW ³:LU VLW]HQ LQ GHU 6FKOHXVH XQG IOLFNHQ XQVHUH $Q]JH .RPPHQ 6LH DXI HLQHQ 'ULQNYRUEHL",FKKDEHHLQHhEHUUDVFKXQJIU6LH´ ³,Q2UGQXQJ´VDJWH/HP\³,FKIOLHJHKLQEHU$EHUVFKDOWHQ6LHGHQGlPOLFKHQ 6FKLUPDXV´ (VZDU0LWWDJ 'LH6FKDWWHQVFKOXJHQIDVWVHQNUHFKWDXIGHQZHLHQ%RGHQGHU+RFKHEHQH'LH 1DWXU KDWWH VLFK HLQ ZHQLJ EHUXKLJW GLH $NWLYLWlW GHV 9XONDQV ZDU ]XUFNJHJDQJHQ :lKUHQG GLH 7ROHUDQ]WUXSSH DOOHV ZDV DOV %HZHLVPDWHULDO GLHQWH XQG DOOHV ZDV EHVRQGHUV ZLFKWLJ ZDU YHUSDFNWH XQG ZHJVFKOHSSWH LQVWDOOLHUWHQ DQGHUH NOHLQH %RPEHQXQGYHUVDKHQVLHPLWHLQHU)XQN]QGXQJ/HP\'DQJHUIORJDOOHLQKLQEHU]X GHU -HW IORJ LQ GLH 6FKOHXVH KLQHLQ XQG ODQGHWH DXI GHP 7LVFK ]ZLVFKHQ 7HNHQHU XQG .HQQRQGLH]XVDPPHQPLWGHP3LORWHQLQGHPNOHLQHQ$XIHQWKDOWVUDXPVDHQ /HP\EFNWHVLFKXQGURFKDQGHUgIIQXQJGHV&RJQDFJODVHV ³5LHFKWJXW´VDJWHHU³+DEWLKUHLQHQ6WURKKDOP"´ ³6HOEVWYHUVWlQGOLFK+LHU´ /HP\QDKPHLQHQWLHIHQ6FKOXFNVHW]WHVLFKDXIHLQH/HVHSXOHXQGVDJWHODXW ³:LU KDEHQ DOOHV XQWHU .RQWUROOH 'HU (UWUXVHU KDW GHQ 7RG JHZlKOW²DEHU QLHPDQG ZHL ZHU KLQWHU LKP VWHFNW ,VW GHU 0DQQ HLQ (LQ]HOJlQJHU JHZHVHQ HLQ 9HUEUHFKHUGHUDXIHLJHQH5HFKQXQJKDQGHOWH" 2GHU VWHKW HLQHU GHU (UWUXV3ODQHWHQ KLQWHU LKP" 2GHU HLQH 0DFKWJUXSSH DXV YHUVFKLHGHQHQ9|ONHUQ]XVDPPHQJHVHW]W":LUZLVVHQHVQLFKW:LUZLVVHQDXFKQLFKW ZLHHUQVWGLH'URKXQJ]XQHKPHQLVW´ 5RQDOG 7HNHQHU EHXJWH VLHK YRU VHLQH ULHVLJHQ $XJHQ PXVWHUWHQ GHQ 6LJDQHVHQ(UIUDJWHYHUZXQGHUW ³:HOFKH'URKXQJ"´ /HP\ EHULFKWHWH ZDV GHU 6WHUEHQGH ]XOHW]W JHVDJW KDWWH $OV HU HQGHWH PXUPHOWH.HQQRQQDFKGHQNOLFK ³:HQQ GLHVH 'URKXQJ VWLPPW GDQQ NDQQ GLH :DIIH DXI 6LJD VHOEVW YHUVWHFNW VHLQ :LU PWHQ VLH GDQQ DOVR VXFKHQ 2GHU DEHU GHU 8QEHNDQQWH RGHU GLH 0DFKWJUXSSHZLOOYHUVXFKHQGHQ3ODQHWHQDXVGHP5DXPKHUDXVDQ]XJUHLIHQXQG]X YHUQLFKWHQ:HQQGLH'URKXQJHUQVWJHPHLQWZXUGHVFKZHEW6LJDLQ*HIDKU²DEHULVW GLH'URKXQJHUQVW]XQHKPHQ"´ ³:LU VROOWHQ DOOHV $WODQ XQG GHU 862 YRUWUDJHQ´ VDJWH 'DQJHU ³8QG GDV P|JOLFKVWVFKQHOO´ ³5LFKWLJ³VDJWH.HQQRQVWDQGDXIXQGEHPHUNWHYRQGHU6FKRWWUDXV³,FKKROH GLHhEHUUDVFKXQJ´
'LH1DFKWGHU9XONDQH
M
$WODQ
:lKUHQG 'DQJHU LKP YHUEOIIW QDFKVDK EUDFKHQ GHU 3LORW XQG 7HNHQHU LQ *HOlFKWHUDXV .HQQRQNDP]XUFNXQGWUXJHLQHQGHPROLHUWHQ*OHLWHULQEHLGHQ+lQGHQ ³+LHU´VDJWHHU³,FKZROOWHLKQVFKRQDOV6SLHO]HXJEHKDOWHQDEHUGDQQVDKLFK GDHLQLJHEHZXWORVHQ6LJDQHVHQGDULQDQJHVFKQDOOWVLQG´ ³:LH"´EHJDQQ'DQJHU ³6LH ZDUHQ JHIORKHQ 8QG NXU] QDFKGHP LFK GHQ (UWUXVHU EHVLHJW KDWWH DOVR XQJHIlKU LQ GHP $XJHQEOLFN DOV GHU :LVVHQVFKDIWOHU DXIK|UWH VHLQH YHUGDPPWH 6WUDKOXQJ DXV]XVHQGHQ VWU]WHQ VLH VLFK DXI PLFK ,FK SDUDO\VLHUWH VLH XQG ILQJ GLH 0DVFKLQHHKHVLHJHJHQGLH)HOVZDQGNUDFKWH´ (UVWHOOWHGHQ*OHLWHUDXIGHQ%RGHQXQGJULQVWHEUHLW $OOHVDQGHUHZDU5RXWLQH 7HNHQHU XQG .HQQRQ ZXUGHQ YRQ GHU 5HJLHUXQJ GHV 3ODQHWHQ XQG YRQ +RUOXW &DSRFHQRIIL]LHOOEHORELJW6LHNDVVLHUWHQHEHQIDOOVRIIL]LHOOHLQHZHLWHUH3UlPLHGHUHQ +|KH DEHU XQJHQDQQW EOLHE 6LH ZDUHQ RIIL]LHOO XP +LOIH JHEHWHQ ZRUGHQ XQG KDWWHQ HEHQVRRIIHQJHKROIHQ²GLHJDQ]H*DOD[LVNRQQWHHVZLVVHQ 'LH$NWLRQ1$7+$1ZDUUHVWORVDXIJHNOlUW²PDQKDWWHGLH'DWHQXQG8QWHUODJHQ LP/DE\ULQWKHQWGHFNW $XFK GLH 6DERWDJHDNWH LQ GHQ )DEULNHQ K|UWHQ VFKODJDUWLJ DXI 'LH 6DERWHXUH ZDUHQLQGHU2EKXWGHU7ROHUDQ]WUXSSH=XHUVWIORJHQGLH*OHLWHUGHU7ROHUDQ]WUXSSHDE 'DQQNUDFKWHQQDFKHLQDQGHUGLH'HWRQDWLRQHQXQGYHUZDQGHOWHQGLH5lXPHGHV /DE\ULQWKVXQGGLH=LPPHUGHV(UWUXVHUVLQJOXWIOVVLJH)HOVHQ 6FKOLHOLFKVWDUWHWHQ7HNHQHUXQG.HQQRQZLHGHU $XFKGLH5DXPVFKLIIHZXUGHQDEJH]RJHQ =XUFN EOLHE GLH gGH GHV ,QVHONRQWLQHQWV =XUFN EOLHEHQ IHXHUVSHLHQGH %HUJH ZHLYHUNUXVWHWH (EHQHQ )HOVEURFNHQ XQG /DYDElFKH 8QG HLQH 5HLKH YRQ 5DXFKVlXOHQGLHVFKUlJLQHQ+LPPHOZXFKVHQGHQQHVJLQJHLQOHLFKWHU:HVWZLQG (1'( /HVHQ6LHLQ7DJHQ$7/$11UPLWGHQQ7LWHO
,QGHQ.DWDNRPEHQYRQ6LJD
YRQ(UQVW9OFHN 6LHOHEHQLQ$QJVW²LKUHP3ODQHWHQGURKWGLH9HUQLFKWXQJ