Kampf hinter den Kulissen

DPSIKLQWHUGHQ.XOLVVHQ M $XIUXKULQGHU=HQWUDOJDODNWLVFKHQ8QLRQ² VNUXSHOORVH3ROLWLNHUULQJHQXQGLH0DFKW ...

Author: Kneifel Hans

10 downloads 571 Views 243KB Size Report

This content was uploaded by our users and we assume good faith they have the permission to share this book. If you own the copyright to this book and it is wrongfully on our website, we offer a simple DMCA procedure to remove your content from our site. Start by pressing the button below!

Report copyright / DMCA form

DOWNLOAD PDF

.DPSIKLQWHUGHQ.XOLVVHQ

M

$XIUXKULQGHU=HQWUDOJDODNWLVFKHQ8QLRQ² VNUXSHOORVH3ROLWLNHUULQJHQXQGLH0DFKW 1U .DPSIKLQWHUGHQ.XOLVVHQ YRQ+DQV.QHLIHO

$WODQ

$XI 7HUUD GHQ :HOWHQ GHV 6RODUHQ ,PSHULXPV XQG GHQ 6WW]SXQNWHQ GHU 862 VFKUHLEW PDQ $QIDQJ 'H]HPEHU GHV -DKUHV 6WDQGDUG]HLW 6RPLW VLQG VHLW GHQ LQ %DQGJHVFKLOGHUWHQ(UHLJQLVVHQ-DKUHYHUJDQJHQ5RQDOG7HNHQHUMHW]W2EHUVW XQG 6LQFODLU 0 .HQQRQ MHW]W LP 5DQJH HLQHV 2EHUVWOHXWQDQWV GLH EHLGHQ $VVH GHU 862 VLQG QRFK LPPHU DP /HEHQ²XQG QHKPHQ QDFK ZLH YRU DQ JHIlKUOLFKHQ (LQVlW]HQWHLO 7HNHQHUGHUVLFKHLQHQOHEHQVHUKDOWHQGHQ=HOODNWLYDWRUDQHLJQHWHXQG.HQQRQ GHVVHQ RUJDQLVFKHV *HKLUQ DXIJUXQG GHU ZHLW IRUWJHVFKULWWHQHQ %LRFKHPLH HLQH /HEHQVHUZDUWXQJ YRQ YLHOHQ -DKUKXQGHUWHQ EHVLW]W RSHULHUHQ MHW]W XQWHU HLQHU QHXHQ 7DUQXQJRGHU'HFNDGUHVVH 6HLW -DKUHQ EHVLW]HQ VLH HLQ DXWRQRPHV 3ODQHWRLGHQV\VWHP DXI GHVVHQ JU|WHP +LPPHOVN|USHU VLH GLH =HQWUDOH GHU ³8QDEKlQJLJHQ +LOIVLQVWLWXWLRQ IU %HGUlQJWH´HWDEOLHUWKDEHQ 7HNHQHU XQG .HQQRQ VLQG &KHIV GHU 8+% XQG VLH JUHLIHQ PLW LKUHQ /HXWHQ² VHOEVWYHUVWlQGOLFK JHJHQ DQJHPHVVHQHV +RQRUDU²EHUDOO GRUW LQ GHU *DOD[LV HLQ ZR $NWLRQHQYRQ*URPlFKWHQDXVSROLWLVFKHQ*UQGHQQLFKWP|JOLFKRGHURSSRUWXQVLQG 1DFK GHU /|VXQJ GHV )DOOHV ³%DLNXODU´ ULFKWHQ 7HNHQHU XQG .HQQRQ LKU $XJHQPHUN DXI GLH =HQWUDOJDODNWLVFKH 8QLRQ +LHU YROO]LHKW VLFK HLQ XQHUELWWOLFKHU .$03)+,17(5'(1.8/,66(1 'LH+DXSWSHUVRQHQGHV5RPDQV 5RQDOG 7HNHQHU XQG 6LQFODLU 0 .HQQHQ²&KHIV GHU ³.RVPLVFKHQ %HGUlQJQLVKLOIH´ 5HWPRUYRQ(SURLD²$GPLUDOYRQ$NRQ ,UJHU0DQ\WH\O²*HKHLPGLHQVWFKHIYRQ5XG\Q (VKUD<WURP\Q².DOIDNWRULQIU³6R]LDOH%HODQJH´ -HUL²(VKUD<WURP\QV'LHQHULQXQG9HUWUDXWH *HYULDO 1¶(GXGW 3RO 'D 9HUUD XQG 7DX]LVNR *D\DU²2SIHU HLQHU 6HULH YRQ 0RUGDQVFKOlJHQ 6DWLVI\ZDUHLQHNOHLQHEHUVFKDXEDUH:HOW 6LH ZDU GDV (LJHQWXP ]ZHLHU 0lQQHU GLH HLQH $UW /HJHQGH ELOGHWHQ 5RQDOG 7HNHQHU GHU HLQHQ =HOODNWLYDWRU WUXJ JDOW DOV 1DFKNRPPH MHQHV OHJHQGlUHQ 6PLOHUV HLQHUVFKLOOHUQGHQ3HUV|QOLFKNHLWGLHJDOD[LVZHLWEHNDQQWJHZHVHQZDU8QGXUFKVLFKWLJ DUURJDQW LURQLVFK ELV ]XU 8QHUWUlJOLFKNHLW EHKHUUVFKWH DXFK GHU DQJHEOLFKH 1DFKNRPPH MHQHV 7HNHQHU GLH .ODYLDWXU YRQ %HVWHFKXQJ XQG ,QWULJH YRQ GHU .XQVW 0HQVFKHQXQG'LQJH]XGXUFKVFKDXHQXQGMHQHUGLHVDOOHVVRJHVFKLFNWXQGUDIILQLHUW ]X PDQLSXOLHUHQ 8QWHU GHP 6FKXW] 7HNHQHUV XQG VHLQHV QLFKW PLQGHU UlWVHOKDIWHQ

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

)UHXQGHV 1XUZHQLJHQ(LQJHZHLKWHQZDUGHU1DPH.HQQRQHLQ%HJULIIELVKHUZDUHUVWHWV LQPHKURGHUZHQLJHUDWWUDNWLYHQ0DVNHQDXIJHWDXFKW -HW]W ODQJH =HLW QDFK VHLQHP OHW]WHQ (LQJUHLIHQ ZDU HU XQWHU VHLQHP ULFKWLJHQ 1DPHQ .HQQRQ DOV GHU )UHXQG XQG 3DUWQHU 7HNHQHUV EHNDQQW (U ZDU QLFKW ZHQLJHU DXIIlOOLJ XQG WHXHU DQJH]RJHQ HU EHKHUUVFKWH DOOH )lKLJNHLWHQ GLH DXFK 7HNHQHU NDQQWH $EHU HLQLJH ZHQLJH 3HUVRQHQ GLH LKQ QlKHU NDQQWHQ²RGHU LKQ ]X NHQQHQ JODXEWHQ²EHKDXSWHWHQHUVHLSHUV|QOLFKYLHOQHWWHUXQGPHQVFKOLFKHUDOV7HNHQHU ,P$XJHQEOLFNEHIDQGHQVLFKEHLGH0lQQHULQGHU/DJHHLQHV7XUPVSULQJHUVGHU DXIGHPIHGHUQGHQ%UHWWZLSSWHXQGVLFKDQVFKLFNWHPLWHLQHU5HLKHYRQ6DOWRVWLHILQV %HFNHQ]XVSULQJHQ8QGGHUPHUNWHGDNHLQ:DVVHULP%HFNHQZDU 6HKUIDWDOGDFKWH6LQFODLU0DURXW.HQQRQ 'HU 7DJ 6DWLVI\V HLQKXQGHUWVHFKVXQGIQI]LJ WHUUDQLVFKH 1RUPWDJH ODQJ ZDU DQJHEURFKHQ (LQ GVWHUHV URWHV /LFKW KHUUVFKWH LQ GHU .XSSHO 1XPPHU 'UHL ,Q ZHQLJHQ 7DJHQ ZUGH VLFK GLH 6RQQH 6WDUWHN EHU GLH VFKURIIHQ %HUJJLSIHO VFKLHEHQ XQGGDQQZDUGDVGVWHUH/HXFKWHQYHUVFKZXQGHQ ³,FKEHJLQQHODQJVDPXQUXKLJ]XZHUGHQ´VDJWH5RQDOG7HNHQHU³$EHUGLHVLVW LQ PHLQHU ODQJHQ .DUULHUH VFKRQ VR XQJHKHXHU KlXILJ SDVVLHUW GD LFK DOOHLQ EHL GHP *HGDQNHQGDUDQZLHGHUUXKLJZHUGH´ .HQQRQ GHU QHEHQ LKP GXUFK GLH /DQGVFKDIW GHV NQVWOLFKHQ 3DUNV JLQJ VFKWWHOWHQRFKMHW]WGHQ.RSI(UGDFKWHNXU]GDUDQZHOFKH,QYHVWLWLRQHQXQGZHOFKH 0KH HV JHPDFKW KDWWH GLHVHQ 3DUN DQ]XOHJHQ²MHGHV *UDPP +XPXV GHU 6DPHQ DOOHUH[RWLVFKHU*UlVHUMHGHU6WUDXFKXQGMHGHUGHUDOWHQVFK|QHQ%lXPHZDUKLHUKHU LPSRUWLHUW ZRUGHQ .QVWOLFKH 6FKZHUNUDIW XQG HLQ UDIILQLHUW XQWHULUGLVFK DQJHOHJWHV %HZlVVHUXQJVQHW]LQGHVVHQ)OVVLJNHLWDXFKGHQ3IODQ]HQGLHEHQ|WLJWHQ1lKUVWRIIH ]XJHIKUWZXUGHQVRUJWHQGDIUGDGLHVHU3DUNOHEHQGLJEOLHE (UZDUGLHEHVWH8PJHEXQJIUGLHKRFKPRGHUQH.OLQLNGLHYRQ$UD0HGL]LQHUQ JHOHLWHW ZXUGH 8QG KLHU NRQQWHQ GLH EHLGHQ )UHXQGH XQJHVW|UW VSD]LHUHQ JHKHQ XQG GLVNXWLHUHQ.HQQRQVDJWHDFKVHO]XFNHQG ³$OVRELVWGXUXKLJ:DUXPGDQQGLHVH%HPHUNXQJ"´ 7HNHQHUJULQVWHLKQDQ'LH1DUEHQGHU/DVKDW3RFNHQLQVHLQHP*HVLFKWZLUNWHQ SO|W]OLFKLUJHQGZLHIUHPGXQGXQKHLPOLFK ³0HUNZUGLJHUZHLVHELQLFKWDWVlFKOLFKXQUXKLJ´VDJWH7HNHQHUEOLHEVWHKHQXQG VDKHLQHPULHVLJHQH[RWLVFKHQ6FKPHWWHUOLQJ]XGHUVLFKDXIHLQH%OWHQLHGHUOLHXP GRUW]XVDXJHQ ³'XZDUWHVWDXI1DFKULFKWHQ´ 'DV ZDU NHLQH )UDJH VRQGHUQ HLQH QFKWHUQH )HVWVWHOOXQJ 'HU 6FKPHWWHUOLQJ IDOWHWH GLH IDUEHQVSUKHQGHQ )OJHO DXVHLQDQGHU XQG IODWWHUWH GDYRQ (U ZDU HLQ EHZHJWHU ZLH HLQ 'LDPDQW VFKLOOHUQGHU )DUEIOHFN LQPLWWHQ GHU QHEOLJHQ URWHQ 6WLPPXQJ ³:LUEHLGHZDUWHQ DXI QlKHUH +LQZHLVH²VLH VROOWHQ YRQ GHU 6RODUHQ $EZHKU XQG GHU8QLWHG6WDUV2UJDQLVDWLRQDXI5XG\QNRPPHQ´HULQQHUWHVLFK7HNHQHU 6HLQH 5ROOH DOV VHLQ HLJHQHU 8UHQNHO EHODVWHWH LKQ QLFKW PHKU HU ZDU DQ VHLQH QHXHRGHUDOWH3HUV|QOLFKNHLWLQ]ZLVFKHQHEHQVRJHZRKQWZLHDQGHQ=HOODNWLYDWRUGHU

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

LKP GLH .RVWEDUNHLW HLQHV ODQJHQ /HEHQV JHVFKHQNW XQG JOHLFK]HLWLJ GLH %HODVWXQJ HLQHVSRWHQWLHOOHQ8QVWHUEOLFKHQDXIJHEUGHWKDWWH ³5LFKWLJ´VDJWH.HQQRQ 'HU 0DQQ PLW GHP 5RERWN|USHU ZXWH ZLH ]HUPUEHQG :DUWHQ ZLUNHQ NRQQWH (UKDWWHHVWDXVHQGPDODPHLJHQHQ/HLEHUIDKUHQ ³:LUVROOHQYHUVXFKHQ´PXUPHOWHHUXQGLQGHUJOHLFKHQ6HNXQGHZXWHHUDXFK GD HU JHQDX LQ HLQHQ ZXQGHQ 3XQNW KLQHLQ]LHOWH ³KHUDXV]XILQGHQ ZHU KLHU LP $OO V\VWHPDWLVFK 7HUUDKD DXVVlW 1DFK GHP )HKOVFKODJ DXI GHU :HOW %DLNXODU ZLUG GDV 3UREOHPDNXW²XQGLQVHKUJHIlKUOLFKHU:HLVH´ 7HNHQHUNQXUUWH ³'HVZHJHQELQLFKQHUY|V.HQ´ ³,FKELQGHUHUVWHGHUGLFKYHUVWHKHQNDQQ´HULQQHUWHLKQ.HQQRQ +LHU LP =HQWUXP XQWHU GHU VFKW]HQGHQ .XSSHOKOOH EHU GHQ :LSIHOQ GHU %lXPH GLH YRQ GHP OHLFKWHQ :LQG DXV GHU /XIWXPZlO]DQODJH EHZHJW ZXUGHQ ZDUHQ VLH VLFKHU +LHU NRQQWHQ VLH LQ 5XKH ZDUWHQ XQG YHUVXFKHQ LKU ZLQ]LJHV ,PSHULXP ]X YHUZDOWHQ+LHUVWHXHUWHQVLHXQVLFKWEDUXQGRKQHGDGHUJHULQJVWH9HUGDFKWDXIVLH IDOOHQNRQQWHYLHOHDQGHUH(LQVlW]HGHU862 ³9HUGDPPW´ VDJWH .HQQRQ VFKOLHOLFK ³6HLW 0RQDWHQ ODXIHQ GLH (UPLWWOXQJHQ ,FKKDEHGDV235$/LQ9HUGDFKWGDGRUWGLH)lGHQ]XVDPPHQODXIHQ´ (UVFKQLSSWHPLWGHQ)LQJHUQ(LQ9RJHOGHUDXIHLQHP$VWVDXQGIU|KOLFKYRU VLFK KLQ]ZLWVFKHUWH VFKUDN ]XVDPPHQ XQG IODWWHUWH DXI =ZHL $UD0HGL]LQHU GLH MHQVHLWV GHV NOHLQHQ %DFKODXIHV JLQJHQ GLH JHVDPWH $QODJH KDWWH HLQH 862 0LWDUEHLWHULQ HLQH EHJDEWH *DUWHQDUFKLWHNWLQ LQ LKUHU )UHL]HLW HQWZRUIHQ XQG HLQJHULFKWHW²HUNDQQWHQGLHEHLGHQ0lQQHUXQGZLQNWHQK|IOLFK ³,FK JODXEH QLFKWV DQGHUHV DEHU QRFK IHKOHQ XQV VlPWOLFKH %HZHLVH´ VDJWH 7HNHQHU 6LH YHUPXWHWHQ RKQH HV EHZHLVHQ ]X N|QQHQ GD ]XPLQGHVW HLQ 7HLO GHU $NWLRQHQ GLH VLFK JHJHQ 7HUUD ZDQGWHQ YRP 3ODQHWHQ 5XG\Q DXVJLQJ 'LH HLQXQG]ZDQ]LJ.DOIDNWRUHQGLHMHZHLOVDXI/HEHQV]HLWJHZlKOWZRUGHQZDUHQEHJLQJHQ GLH JOHLFKHQ )HKOHU ZLH VLH LPPHU ZLHGHU YRQ 0HQVFKHQ XQG GHUHQ $ENRPPHQ JHPDFKWZXUGHQ²0DFKWNRUUXPSLHUWHDXFKVLHDOOHUGLQJVLQYHUVFKLHGHQHQ6WlUNHQLQ YHUVFKLHGHQHQ6SLHODUWHQ 5XG\Q GLH .HLP]HOOH GHU =HQWUDOJDODNWLVFKHQ 8QLRQ KDWWH EHUHLWV PHKU DOV GUHLLJ6RQQHQV\VWHPHJHVFKOXFNWDXIOHJDOH:HLVH 5XG\QZUGHQRFK²PHKU6\VWHPHVFKOXFNHQZROOHQ 8QGGDLQQHUKDOEGHU*UXSSHGHU0lFKWLJHQHLQZHLWHUHU.DPSIWREWHPRFKWHHV VHLQGDHLQHUGLHVHUHLQXQG]ZDQ]LJ0lQQHURGHU)UDXHQYHUVXFKWHPHKUSHUV|QOLFKH 0DFKW XQG PHKU (LQIOX ]X JHZLQQHQ 7DW HU GLHV DXI .RVWHQ 7HUUDV GDQQ ZDU HU HV GHU JHVXFKW ZXUGH²GHU IU DOOH 0RUGH 6DERWDJHDNWH XQG lKQOLFKH VFKZHUZLHJHQGH 'LQJHYHUDQWZRUWOLFKJHPDFKWZHUGHQPXWH :LHYHUKLHOWHVVLFK" 7HNHQHUKLHOWDQXQGGHXWHWHPLWGHP=HLJHILQJHUDXI.HQQRQV%UXVW ³,FKZHLZLHZLUGDV5lWVHOO|VHQN|QQHQ´VDJWHHUSO|W]OLFK .HQQRQJULQVWHXQGHUZLGHUWHWURNNHQ ³,QGHP ZLU QDFK 5XG\Q IOLHJHQ XQV DOV .DOIDNWRUHQ YHUNOHLGHQ XQG XQVHUH .ROOHJHQDXVKRUFKHQZLH"´

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

³.HLQH 6RUJH LFK PHLQH HWZDV DQGHUHV´ VDJWH 7HNHQHU ³'HU =XZDFKV PHLQHU :HLVKHLW OlW VLFK JHQDX DQ GHQ =DKOHQ DEOHVHQ $Q GHQ =DKOHQ GHU SUXQNYROOHQ *HEXUWVWDJVIHVWHGLHLFKIHLHUH´ :LHGHU VWLPPWH .HQQRQ ]X 'LHVH )HVWH ZDUHQ VHOEVW IU GLH $QVSUFKH GHU *lVWH GLH KLHUKHU NDPHQ²RGHU KLHUKHU IORJHQ² EHPHUNHQVZHUW $OOHUGLQJV IHLHUWH 7HNHQHUHLQHQ6FKHLQJHEXUWVWDJVFKOLHOLFKNRQQWHHUVFKOHFKWGHQ*HEXUWVWDJVHLQHV DQJHEOLFKHQ8UDKQHQDOVVHLQHQHLJHQHQDXVJHEHQ ³8QGZDVJLEWGHLQHHLQJHELOGHWH:HLVKHLWGLUMHW]WIUHLQHQ7LS"´HUNXQGLJWHVLFK GHU0DQQPLWGHP5RERWN|USHUOHLVH ³:LU JHKHQ GRUW KLQEHU EHU GLH %UFNH EHU GLH DXVODGHQGH 7HUUDVVH XQG KLQHLQLQGHQHLQODGHQGHQ3DYLOORQ´ .HQQRQVW|KQWHDXIXQGHQWJHJQHWH ³,FK ZHL HV ,FK KlWWH HV DKQHQ PVVHQ 'X KDVW GLHVHQ $XVJDQJ QXU XQWHUQRPPHQ GDPLW GX HUVWHQV LQ GHQ *HQX HLQHV JHZDOWLJHQ *ODVHV &RJQDF NRPPVW´ 1RFK DUEHLWHWH VHLQH /HEHU YRU]JOLFK QLFKW ]XOHW]W GDQN GHV $NWLYDWRUV ZXWH 5RQDOG(UEHHQGHWHGHQ6DW] ³XQG]ZHLWHQVLQGHQ*HQXGHV$QEOLFNVHLQHUMXQJHQ'DPHKLQWHUGHU%DU 6FKOLHOLFK KDVW GX VLH VHOEVW DXV YLHOHQ %HZHUEHULQQHQ KHUDXVJHVXFKW XQG LKUHQ )QIMDKUHVYHUWUDJXQWHUVFKULHEHQ´ ³,FK KDEH HLQHQ %OLFN IU 4XDOLWlW´ VDJWH .HQQRQ XQG VFKOXJ EHUHLWV GLH DQJHEHQH5LFKWXQJHLQ³:lUHLFKVRQVWGHLQ)UHXQG7HN"´ 7HNHQHU JULQVWH EUHLW GHU $EJODQ] GHV JHIUFKWHWHQ /lFKHOQV NDP LQ VHLQ *HVLFKW MHQHV /lFKHOQ GDV VHLQHP ³8UJURYDWHU´ GHQ %HLQDPHQ ³WKH VPLOHU´ HLQJHWUDJHQKDWWH ³(LQ .RPSOLPHQW JHKW VWHWV DXI .RVWHQ GHVVHQ GHU HV DQQLPPW )UHXQG 7HN´ VDJWHHU³1LFKWVGHVWRZHQLJHUKDVWGXZDKUVFKHLQOLFKY|OOLJUHFKW´ ³:LHPHLVWHQV´ 6LH IRFKWHQ HLQHQ LKUHU LURQLVFKHQ 'LDORJH DXV (UVWHQV ZDU GLH ,URQLH GHU 6DUNDVPXVHLQHUGHUZHVHQWOLFKHQ%HVWDQGWHLOHGHU0DVNHQGLHVLHIDVWDOOHQDQGHUHQ 0HQVFKHQ JHJHQEHU VSLHOHQ PXWHQ ]ZHLWHQV YHUIJWHQ VLH EHU JHQJHQG SUDNWLVFKH ,QWHOOLJHQ] XQG HLQ HPLQHQWHV :LVVHQ VR GD LKQHQ GLH 9HUZHQGXQJ GHU ,URQLHYRQZHQLJHQYHUVWDQGHQYRQQRFKZHQLJHUJHOLHEWXQGYRQYLHOHQJHIUFKWHWHLQ %HGUIQLVZDU .XU]H=HLWVSlWHUVDHQVLHLQGHU%DUGLHLP6WLOGLHVHV$VWHURLGHQHLQJHULFKWHW ZDU²ZDVLPPHUGLHVHU6WLOEHGHXWHWH ³)UPLFKZDVLFKLPPHUWULQNH´ .HQQRQ QLFNWH DOV HU GDV 0lGFKHQ DQ GHQ )ODVFKHQ XQG PLW GHQ *OlVHUQ KDQWLHUHQVDKGDQQEHVWHOOWHHUJULQVHQG³(LQ*ODVNDOWH0LOFKELWWH´ (UHUQWHWHYHUZXQGHUWH%OLFNH 'DV235$/LQGLHVHU5LFKWXQJEHZHJWHQVLFKGLH*HGDQNHQ.HQQRQVZDUGDV 5HJLHUXQJVJHElXGH DXI 5XG\Q 'LH +HUUVFKDIW GHU .DOIDNWRUHQ ZDU VDK PDQ VLH UHLQ YHUIDVVXQJVPlLJ HLQH 'HPRNUDWLH GLH VLFK DXI (SKHORJHQ HQWZLFNHOW KDWWH GHP YLHUWHQ 3ODQHWHQ YRQ HOI :HOWHQ YRQ GHQHQ GLH 6RQQH XPNUHLVW ZXUGH 'DV 235$/ EHIDQG VLFK LP =HQWUXP GHU +DXSWVWDGW *HQ]H]²XQG GRUW DUEHLWHWHQ DXFK KHUYRUUDJHQG JHWDUQW GLH 9HUELQGXQJVOHXWH GHU 7HUUDQHU EH]LHKXQJVZHLVH GHU 862

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

6HOEVW DQJHVHKHQH :LUWVFKDIWVERVVH ZDUHQ GDUXQWHU GLH 862 VSDQQ IHLQH 1HW]H PLW ODQJHQ )lGHQ XQG XQVLFKWEDUHQ .QRWHQSXQNWHQ (LQ VROFKHU 3XQNW EHIDQG VLFK LQ *HQ]H] XQG DUEHLWHWH GLUHNW YRU GHQ $XJHQ GHV *HKHLPHQ .DONXODWLRQVNRPPDQGRV GHVVHQ1DPHHLQHSHUIHNWH,UUHIKUXQJZDU .HQQRQVDKVLFKVFKQHOOXPXQGEHPHUNWHGDHUDXINHLQHQ)DOOJHK|UWZHUGHQ NRQQWH(UPXUPHOWH ³7HN"´ ³'HU1DPH0DQ\WH\O²LVWHUGLUHLQ%HJULII"´ ³1DWUOLFK (U LVW GHU 0DQQ GHQ XQVHUH /HXWH ]X IUFKWHQ KDEHQ (LQ YHUELQGOLFKHU0HQVFKGHUHWZDV]XRIWXQGYLHO]X]XYRUNRPPHQGOlFKHOWXQGGHQDOOH VHLQH8QWHUJHEHQHQIUFKWHQ9HUPXWOLFKVLQGHVHUXQGVHLQH2UJDQLVDWLRQGLHDQGHU QLFKWYRUKDQGHQHQ0HQJHYRQ,QIRUPDWLRQHQVFKXOGVLQG´ 0DQ\WH\O ZDU GHU ³(UVWH .DONXODWRU´ DOVR GHU &KHI GHV *HKHLPGLHQVWHV DXI 5XG\Q8QGZDKUVFKHLQOLFKDXFKDXIGHQDQGHUHQ:HOWHQGHV(SKHORJHQ6\VWHPV .HQQRQ URFK EHJHLVWHUW DQ GHP $ONRKRO XQG VFKLFNWH GHP 0lGFKHQ GDV ]ZHL $UD6FKZHVWHUQEHGLHQWHHLQHQJOKHQGHQ%OLFNQDFK ³8QGZDVWXQZLUMHW]W"´IUDJWHHUOHLVH 7HNHQHUQDKPLKPGDV*ODVDXVGHU+DQGXQGWUDQN'DQQVDJWHHU ³:LU EOHLEHQ KLHU VLW]HQ XQG ZDUWHQ DXI GLH (LQJHEXQJ GHLQHV NRVPRNULPLQDOLVWLVFKJHVFKXOWHQ9HUVWDQGHV:DVVDJWHU"´ .HQQRQHUZLGHUWH³(UKDWHLJHQWOLFKQXU]ZHL6lW]HYRQVLFKJHJHEHQ'HUHUVWH *HQLH EHVWHKW LPPHU GDULQ GD MHPDQGHP HWZDV Y|OOLJ 6HOEVWYHUVWlQGOLFKHV ]XP HUVWHQPDO HLQIlOOW :HQQ LFK GLFK DQ GLHVHP 6SUXFK PHVVH ELVW GX ]ZHLIHOVIUHL NHLQ *HQLH'HU]ZHLWH6DW]:LUEOHLEHQKLHUNPPHUQXQVXPXQVHUHHLJHQHQ'LQJHXQG ZDUWHQELVHWZDVJHVFKLHKWGDVXQV]XP(LQJUHLIHQ]ZLQJW´ 5RQDOGVDJWH ³1DWUOLFK DOV %HVLW]HU XQG +DXSWDNWLRQlUH GHU 8QDEKlQJLJHQ +LOIVLQVWLWXWLRQ IU %HGUlQJWH´ ³1DWUOLFK´VWLPPWHGHU0DQQLP5RERWN|USHU]X .QDSS HLQWDXVHQG /LFKWMDKUH ZDU GDV 6\VWHP GHU .DOIDNWRUHQ YRQ 6DWLVI\ HQWIHUQW'DVUHODWLYMXQJH6WHUQHQUHLFKZDUHLQXQEHUVHKEDUHU0DFKWIDNWRUGHU3HUU\ 5KRGDQ VFKZHUH 6RUJHQ YHUXUVDFKWH ,QQHUKDOE GLHVHU (LQULFKWXQJ ZXWH HV HLQIDFK VFKZDFKH 6WHOOHQ JHEHQ²GLH (UIDKUXQJ ]HLJWH HV LPPHU ZLHGHU (V JDE DXFK VROFKH 6WHOOHQVLHKHUDXV]XILQGHQZDUMHGRFKVFKZHU9LHOH$JHQWHQDUEHLWHWHQGDUDQ²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lVWH =ZLVFKHQ MHGHU LQ )UDJH NRPPHQGHQ :HOW XQG 7HUUD ZXUGHQ QRFK HKH GLH

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

%HVLHGOXQJVWDWWIDQGDXVJHIHLOWH9HUWUlJHXQWHU]HLFKQHW'LH6LHGOHUYHUSIOLFKWHWHQVLFK LQ GLHVHQ 9HUWUDJVZHUNHQ QDFK GHP =HLWSXQNW GHU RIIL]LHOO YHUNQGHWHQ $XWDUNLH LKUH DXHQSROLWLVFKHQ)UDJHQQXUPLW+LOIH7HUUDV]XO|VHQLKUH$QJHOHJHQKHLWHQGLHPDQ UHFKW SDXVFKDO PLW ³$XHQSROLWLN´ XPUHLHQ NRQQWH XQWHU GHU /HLWXQJ GHV MHZHLOLJHQ 6WDDWVFKHIV]XEHODVVHQ ³5XG\QJHK|UWQLFKW]XGLHVHU.DWHJRULH3ODQHWHQ´VDJWH.HQQRQOHLVHXQGVWDQG DXI³,FKJODXEHZLUVROOWHQLQXQVHU%URJHKHQ7HN´ 7HNHQHUVDKLKQDQXQGZXWHDXJHQEOLFNOLFKGDHLQHVGHUYLHOHQ*HUlWHGHV 5RERWN|USHUVHLQHQ6XFKUXIDXIJHIDQJHQKDWWH ³(LQYHUVWDQGHQ´ 7HNHQHUYHUDEVFKLHGHWHVLFKNXU]YRQGHP0lGFKHQGDQQJLQJHQGLH)UHXQGH ZLHGHU KLQDXV LQ GHQ 3DUN (V ZDU HLQ ZHQLJ KHOOHU JHZRUGHQ GDV GVWHUH 5RW ZLFK ]XVHKHQGVYRQ7DJ]X7DJ ³:DVVDJWHVWGXJHUDGH"´HUNXQGLJWHVLFK7HNHQHU .HQQRQZLHGHUKROWH ³'HU3ODQHW5XG\QJHK|UWQLFKW]XGHQ3ODQHWHQGLHPLW7HUUD$XWDUNLHYHUWUlJH XQWHU]HLFKQHW KDEHQ²GDV LVW GHU VSULQJHQGH 3XQNW 9RU UXQG YLHU -DKUKXQGHUWHQ EHVLHGHOWHQ YRUZLHJHQG 0HQVFKHQ GLHVH :HOW GLH DXI WHUUDQLVFKHQ .RORQLHQ JHERUHQ ZRUGHQ ZDUHQ )U VLH HQWILHO GLH 9HUSIOLFKWXQJ %QGQLVYHUWUlJH PLW 7HUUD DE]XVFKOLHHQXQG]XKDOWHQ´ ³'DV LVW ULFKWLJ´ VDJWH 5RQDOG 7HNHQHU XQG IJWH KLQ]X ³6HLW GHP KHIWLJHQ $XVEUXFK GHU WHUUDIHLQGOLFKHQ $NWLRQHQ UXIH LFK PLU GLHVHQ 7DWEHVWDQG LPPHU ZLHGHU ]XUFNLQGLH(ULQQHUXQJ'LHVHU3ODQHWLVWGLH.HLP]HOOHGLHVHVQHXHQ6WHUQHQUHLFKHV :LUZHUGHQGLHVH(QWZLFNOXQJQLFKWDXIKDOWHQN|QQHQ´ 1HLQGDVNRQQWHQVLHVLFKHUQLFKW :LUWVFKDIWOLFKH+LOIHZDUEHLP$XIEDXYRQ5XG\QXQGYLHOHQDQGHUHQ:HOWHQYRQ 7HUUD NDXP JHOHLVWHW ZRUGHQ 'LH MXQJHQ 6LHGOHU IKOWHQ VLFK GDKHU QLFKW DQ GLH 9HUWUlJHJHEXQGHQGLHLKUH9RUYlWHUPLW7HUUDJHVFKORVVHQKDWWHQ ³1DWUOLFK ZLUG QLHPDQG GLHVH (QWZLFNOXQJ HUQVWKDIW DXIKDOWHQ N|QQHQ 0DQ ZLOO VLH DXFK QLFKW DXIKDOWHQ $EHU ZLU PVVHQ DXI DOOH )lOOH MHQH 6DERWDJHDNWH VWRSSHQ XQGGLHVPXVFKQHOOJHVFKHKHQ´ %HLGH 0lQQHU JLQJHQ VFKQHOOHU 'HU 3DUN XP VLH KHUXP ZDU YRQ XQVLFKWEDUHP /HEHQHUIOOW'LHURWH'VWHUQLVGHU6RQQH6WDUWHNXPKOOWH7HNHQHUXQG.HQQRQXQG ULHIHLQHQEHVWLPPWHQ(LQGUXFNYRQ*HIlKUOLFKNHLWKHUYRU,QGHQ%HZHJXQJHQ.HQQRQV XQG7HNHQHUVODJHLQHQHUY|VH*HVSDQQWKHLW6LHZXWHQGDGLH(QWZLFNOXQJHLQHP 3XQNWHQWJHJHQWULHEGHULKUH6WXQGHEULQJHQPXWH(VJDENHLQHDQGHUH0|JOLFKNHLW 7HNHQHUPXUPHOWHHKHVLHGLH6FKOHXVHEHWUDWHQ ³6RZRKO GLH $EZHKU DOV DXFK GLH 862 VLQG VLFKHU GD GLH HLQXQG]ZDQ]LJ .DOIDNWRUHQYHUVXFKHQZHUGHQDXFKDQGHUH:HOWHQLKUHPQHXHQ5HLFKHLQ]XJOLHGHUQ´ =LVFKHQG |IIQHWHQ XQG VFKORVVHQ VLFK NOHLQH 3HUVRQDOVFKOHXVHQ 'DV JHVDPWH 0DWHULDOGDVKLHUKHUJHVFKDIIWZRUGHQZDUIXQNWLRQLHUWHWDGHOORV ³8QG ]ZDU 6LHGOXQJVZHOWHQ GLH QRFK YRQ 7HUUD DEKlQJHQ DEHU NXU] YRU GHU *HZlKUXQJGHURIIL]LHOOHQ$XWDUNLHVWHKHQ´ $XHUKDOEGHU6FKOHXVHPHLQWH.HQQRQ ³,FK JODXEH ZLU ZHUGHQ EDOG PHKU ZLVVHQ )U XQV OLHJHQ 1DFKULFKWHQ YRU²LQ XQVHUHP%UR´

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

.XU] GDUDXI HUUHLFKWHQ VLH GLH %URUlXPH 6LH ZDUHQ NOHLQH :XQGHUZHUNH GHU 7HFKQLN 5RQDOG VHW]WH VLFK KLQWHU VHLQHQ 6FKUHLEWLVFK WLSSWH DXI HLQ SDDU 7DVWHQ XQG VDJWH ³(LQ%DQGLVWIUXQVJHNRPPHQ´ (U HQWQDKP HLQHP )DFK GDV VLFK |IIQHWH HLQH ZLQ]LJH 6SXOH XQG OHJWH VLH LQ GHQ (QW]HUUHU 'DV *HUlW HLQ VWXPSINDQWLJHU :UIHO YRQ VFKZDU]HU )DUEH OLH HLQLJH 6NDOHQ DXIJOKHQ XQG VXPPWH DXI 'DQQ UDWWHUWH HLQ 6FKUHLEJHUlW HLQ SDDU .XQVWVWRIINDUWHQZXUGHQDXVJHZRUIHQ /DQJVDPNDP.HQQRQQlKHUXQGEHXJWHVLFKEHUGLH6FKXOWHUVHLQHV)UHXQGHV ³5XG\Q"´IUDJWHHUNXU] 'LH 5XKHGHV JURHQ 5DXPHV GHU *HUXFK QDFK +RO] XQG /HGHU XQG IHXFKWHQ 3IODQ]HQ XPILQJ GLH 0lQQHU DOV VLH GHQ 7H[W DXI GHQ .DUWHQ VWXGLHUWHQ XQG GLH ZLQ]LJHQGUHLGLPHQVLRQDOHQ%LOGHUEHWUDFKWHWHQ7HNHQHUOlFKHOWHNDOWDOVHUODV ³6RVR´VDJWHHUGUHKWHVHLQHQ6HVVHOKHUXPXQGVDK.HQQRQLQGLH$XJHQ6LH ZDUHQYRQGHQ$XJHQHLQHV0HQVFKHQQLFKW]XXQWHUVFKHLGHQ6RJDUGLH)lOWFKHQXQG GLHURWHQbGHUFKHQZDUHQPLWHUVWDXQOLFKHU$NULELHZHLWHUJHJHEHQ ³6LHKDEHQDOVRHLQHQVFKZDFKHQ3XQNWHQWGHFNW´VDJWH6LQFODLU0DURXW ³6LH KDEHQ :DV PLFK HUVWDXQW²HLQH )UDX´ 7HNHQHU VFKWWHOWH XQJOlXELJ GHQ .RSI 'LH *HPHLQVFKDIW GHU HLQXQG]ZDQ]LJ .DOIDNWRUHQ GLH LQ :LUNOLFKNHLW QLFKWV DQGHUHV ZDU DOV HLQ PDFKWSROLWLVFKHV ,QVWUXPHQW QlPOLFK HLQH 'LNWDWXU VFKLHQ JHJHQEHU MHGHP )UHPGHQ DOV HLQH JHVFKORVVHQH 3KDODQ[ 'LH .DOIDNWRUHQ ZDUHQ OlQJVWHWDEOLHUWEHVDHQHLQH)ORWWHGHUHQ%HVDW]XQJLKUHPSHUV|QOLFKHQ.RPPDQGR XQWHUVWDQG 'LH QRUPDOHQ 7UXSSHQ XQG GLH 6FKLIIH GHU *HKHLPRUJDQLVDWLRQ ZDUHQ HLQ ]ZHLWHU 0DFKWIDNWRU 8QG DXVJHUHFKQHW LQ GLHVHP :DOO KDWWHQ GLH /HXWH GLH LP 8QWHUJUXQGDUEHLWHWHQHLQH%UHVFKHHUNDQQW ³'DV ZLOO PLU QLFKW EHKDJHQ´ VDJWH 7HNHQHU ³(V ZLUG VFKZLHULJ ZHUGHQ GLH .DOIDNWRUHQ]XYHUDQODVVHQVLFKKLOIHVXFKHQGDQXQV]XZHQGHQ,FKELQJHVSDQQWZDV GHQ862)UHXQGHQHLQIlOOWXPGLHVHQ(IIHNWKHUYRU]XUXIHQ´ .HQQRQVDJWHKDOEODXW ³,FK ZHL ZDV VLH WXQ ZHUGHQ -HGHU .DOIDNWRU VWHKW LQ HLQHU GDXHUQGHQ $XVHLQDQGHUVHW]XQJ 'LH )UDXHQ XQG 0lQQHU VLQG YRQ HLQHP EUHQQHQGHQ (KUJHL] HUIOOWVRQVWZlUHQVLHQLFKWHUVWLQGLHVH0DFKWSRVLWLRQHQKLQHLQJHNRPPHQ-HGHUZLOO GHU*U|WHGHU0lFKWLJVWHVHLQ(VGUIWHQLFKWEHVRQGHUVVFKZHUVHLQLKUH.UHLVH]X VW|UHQ'HUJHULQJVWH$QODJHQJWXPVLHDXIHLQDQGHUHLIHUVFKWLJ]XPDFKHQ8QWHU )UDXHQ RGHU 0lQQHUQ ZlUH GLHV VFKZHUHU DEHU GD HV VLFK KLHUEHL XP )UDXHQ XQG 0lQQHUKDQGHOWZLUGHVHLQIDFKHUVHLQ'LHHLQ]HOQH$PHLVH]HLJWVLFKGHXWOLFKZHQQ PDQLP$PHLVHQKDXIHQKHUXPUKUW´ 7HNHQHUEOLFNWHVHLQHQ)UHXQGUXKLJDQ ³'DVN|QQWHGHU+HEHOVHLQ'LH=HLWGUlQJWQlPOLFKLPPHUPHKUXQGZLUVLW]HQ DXIJOKHQGHQ.RKOHQ 1LFKW QXU DXI %DLNXODU VRQGHUQ DXI YLHOHQ DQGHUHQ :HOWHQ KlXIHQ VLFK GLH =ZLVFKHQIlOOHGXKDVWGLH$XIVWHOOXQJHEHQPLWJHOHVHQ´ (VZDUHQODXWHU$NWLRQHQKLQWHUGHQHQPDQGHXWOLFKGLH+DQG7HUUDV]XVHKHQ JODXEWH 'D HV DEHU IU GLH EHWHLOLJWHQ ,QVWLWXWLRQHQ NODU XQG EHZLHVHQ ZDU GD NHLQ HLQ]LJHU6DERWDJHIDOONHLQHLQ]LJHU0RUGNHLQ9HUEUHFKHQZLUNOLFKYRQ7HUUDDQJHVWLIWHW

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

ZRUGHQZDUPXWHQGLH+LQWHUPlQQHUXQEHGLQJWJHIXQGHQXQGDXVJHVFKDOWHWZHUGHQ 'LHVHV 9RUKDEHQ ZDU QXU GDQQ P|JOLFK ZHQQ VlPWOLFKH WHUUDIUHXQGOLFKHQ *HKHLPGLHQVWH XQG $EZHKURUJDQLVDWLRQHQ ]XVDPPHQDUEHLWHWHQ 8QG ]ZHL GHU EHVWHQ :HUN]HXJHGLHVLFK]XGHPDXFKQRFKLQHLQHUKHUYRUUDJHQGJHWDUQWHQ5ROOHEHIDQGHQ ZDUHQ7HNHQHUXQG.HQQRQGLH+HOIHUGHU%HGUlQJWHQ .HQQRQIUDJWH ³+DEHQ ZLU KLHU DXI 6DWLVI\ 'DWHQ JHVDPPHOW GLH VLFK LQ XQVHU 9RUKDEHQ LQWHJULHUHQODVVHQ"´ ³-D :LU VROOWHQ GLH :DUWH]HLW GDPLW YHUEULQJHQ XQVHU (UVFKHLQHQ DXI 5XG\Q YRU]XEHUHLWHQ´ ³'X UHFKQHVW GDPLW GD XQV $EJHVDQGWH YRQ 5XG\Q DXIVXFKHQ XQG XP +LOIH ELWWHQ"´ 7HNHQHUQLFNWHXQGHUZLGHUWHPLWJURHU6LFKHUKHLW ³-D 'DPLW UHFKQH LFK IHVW 'HU .RQIOLNW GHU DXV GHP JHZDOWLJHQ 0RVDLN HQWVWHKHQ NDQQ KHLW 'LH WHUUDQLVFKH )ORWWH XQWHU 5KRGDQ GHP %XKPDQQ GHU .DOIDNWRUHQ JHJHQ GLH )ORWWH GHU .DOIDNWRUHQ 7HUUD GDV DOV 6QGHQERFN KLQJHVWHOOW ZLUGVFKOlJW]XUFN'LHVHV5LVLNRNDQQXQGZLUG5XG\QQLFKWHLQJHKHQ´ .HQQRQVWLPPWH]XXQGVFKOR ³:DUWHQZLUDOVRDXIGLH6DDWGHV0LWUDXHQVGLHEDOGDXI5XG\QXQGXQWHUGHQ .DOIDNWRUHQVSULHHQZLUG´ 6LHULHIHQGLH'DWHQDXVGHQ$UFKLYVSHLFKHUQDEXQGDUEHLWHWHQVWXQGHQODQJXP DXIIlOOLJH 3XQNWH PLWHLQDQGHU ]X YHUJOHLFKHQ ,QIRUPDWLRQHQ DXV]XZHUWHQ 8QWHUKDOWXQJHQ ]X DQDO\VLHUHQ GLH KLHU LP 6FKXW] LKUHU NOHLQHQ VLFKHUHQ :HOW ³JHIXQGHQ´ZRUGHQZDUHQ 6LHKDWWHGLH)LJXUXQGDXFKGDV$XVVHKHQHLQHVMXQJHQ0lGFKHQV 6LH ODJ UXKLJ XQG HQWVSDQQW LQ HLQHP .RQWXUVHVVHO KDWWH EHLGH $UPH DXVJHVWUHFNWXQGGLH)LQJHULQGLH9HUWLHIXQJHQGHV0DQLNUH5RERWVJHVWHFNW 'DVODQJH+DDUGDVEODXVFKZDU]IXQNHOWHXQGVLFKZHQQ(VKUDPLWGHU%UVWH KLQGXUFKIXKU ZLH NQLVWHUQGH 6HLGH DQIKOWH ODJ DXI GHP ZHLHQ hEHU]XJ GHU /LHJH XQWHUGHUGLH9LEUDWLRQHQDUEHLWHWHQXQGGHQVFKODQNHQ.|USHUGHU)UDXPDVVLHUWHQ6LH JHQR GLHVH 6WXQGH DP 7DJHVDQIDQJ LQ GHU VLH QLHPDQG VW|UWH XQG LQ GHU VLH VLFK WRWDOHQWVSDQQHQNRQQWH,QHLQHPULHVLJHQ6SLHJHOEHWUDFKWHWHVLHGLHOHLFKWJHEUlXQWH +DXW VLH VDK DXV DOV KDEH VLH VLFK WDJHODQJ DXI LKUHU NOHLQHQ ,QVHO LQ GHU bTXDWRUJHJHQG5XG\QVDXIJHKDOWHQ

(VKUD <WURP\Q VFKOR GLH $XJHQ XQG OLH GLH )LQJHU GHU =RIH EHU LKU *HVLFKW VWUHLFKHQ'DVMXQJH0lGFKHQIHUWLJWHHLQH0DVNHDQXQGEHVWULFKYRUVLFKWLJGLH+DXW PLW GHU ZHLHQ SDVW|VHQ 0DVVH (LQ ZRKOLJHV *HIKO YHUEXQGHQ PLW VWDUNHU :lUPH ]RJGXUFKGDV*HVLFKW(VKUDV ³-HUL´VDJWHVLHOHLVH³:LHODXWHQGLHKHXWLJHQ3UHVVHVWLPPHQ"

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

(VKUDEHIDQGVLFKLQLKUHP6WDGWSDODVWHLQHPUXQGHQ:RKQWXUPLQGHU1lKHGHU 3DUNDQODJHQGLHLKUH:RKQXQJPLWGHP*HOlQGHGHV235$/YHUEDQGHQ ³6HKUSRVLWLY0\ODG\´VDJWHGDV0lGFKHQXQGVSDUWHVRUJIlOWLJGLH2KUOlSSFKHQ DXV ³'DV QHXH 3URJUDPP IU GLH 5DQGVWULFKH DQ GHQ :VWHQ KDW DOOJHPHLQH =XVWLPPXQJ JHIXQGHQ 8QG GDV 6R]LDOSURGXNW IU GLHVHQ )DOOHQWHOOHUSODQHWHQ PLW GHP XQDXVVSUHFKOLFKHQ 1DPHQ ZLUG ]ZHLIHOORV GD]X EHLWUDJHQ GD VLFK GLHVH :HOW GHU =HQWUDOJDODNWLVFKHQ8QLRQDVVR]LLHUW´ ³'DVKDEHLFKHLJHQWOLFKHUZDUWHW¶HUZLGHUWH(VKUD³-HGHQIDOOVKDEHLFKHVLQGLH :HJHOHLWHQZROOHQ´ 6LH |IIQHWH GLH $XJHQ VDK GLH ZHLH 0DVNH DXI LKUHP *HVLFKW XQG VFKOR GLH $XJHQZLHGHU6LHZDUHQYRQHLQHPJROGJHVSUHQNHOWHQ*UQJUDX%HLGHU%HY|ONHUXQJ DOOHU HLQXQGGUHLLJ 6RQQHQV\VWHPH ZDU GLH .DOIDNWRULQ IU 6R]LDOHV DXHURUGHQWOLFK EHOLHEW 6LHZXWHHVXQGOlFKHOWHGDUEHU (LQPHORGLVFKHU*RQJHUW|QWHYRQOLQNV'LH0DVFKLQHZDUIHUWLJ(VKUD]RJLKUH +DQG DXV GHP 5RERW XQG EHWUDFKWHWH GLH )LQJHU²VLH ZDUHQ ZLH HUZDUWHW PDNHOORV -HW]W PLW HLQXQGGUHLLJ -DKUHQ PXWH VLH YHUVXFKHQ GLH ZHQLJHQ 6SXUHQ ]X EHVHLWLJHQGLHGHUKDUWH$XIVWLHJLQGLHVH3RVLWLRQJHJUDEHQKDWWH -HQHZLQ]LJHQ)DOWHQLP$XJHQZLQNHO 'LHIHLQH/LQLHGLHGHQ¶0XQGZLQNHOGHXWOLFKJHJHQGLHJODWWH+DXWGHU:DQJHQ DEJUHQ]WH 'LH+DXWXQWHUGHQ$XJHQGLHDXINHLQHQ)DOOVFKODIIXQG]XZHQLJGXUFKEOXWHW ZHUGHQGXUIWH0LWXQJHKHXUHU*HVFKLFNOLFKNHLWXQG5DIILQHVVHPLWHLQHPHUVWDXQOLFKHQ )OHL XQG HLQHU XQEHVFKUHLEOLFKHQ =lKLJNHLW XQWHUVWW]W YRQ GHQ ILQDQ]LHOOHQ 0LWWHOQ LKUHV 9DWHUV KDWWH VLFK GLHVH )UDX DQ GHQ ODQJHQ 0DUVFK GXUFK GLH YHUVFKLHGHQHQ bPWHUXQG$XIJDEHQJHZDJWXQGKDWWHVLFKDOOHU0LWWHODXFKGHU0lQQHUEHGLHQWXP ZHLWHUQDFKREHQ]XNRPPHQ8QGMHW]WZDUVLHZRVLHVFKRQLPPHUKlWWHVHLQZROOHQ $QGHU6SLW]HGDFKWHVLH 6LH KDWWH HLQH 5HLKH YRQ 6R]LDOSURJUDPPHQ GXUFKJHVHW]W GLH LKUHQ 1DPHQ ELQQHQZHQLJHU-DKUHV\VWHPZHLWEHUKPWKDWWHQZHUGHQODVVHQ 'HU3ODQHW5XGYQKDWWHDXFKLKUMHQH5ROOH]XYHUGDQNHQGLHMHQH:HOWVSLHOWH (V ZDU ZHQLJHU GDV *HOG GDV VLH HLQVHW]WH DOV GLH 3URJUDPPH GLH GHQ XQWHUSULYLOHJLHUWHQ 0LQGHUKHLWHQ GLH RIWPDOV GLH 0HKUKHLW ZDUHQ KDOIHQ 'LH 5ROOH GHV *HOGJHEHUVXQGGHV8QWHUVWXW]HUVGHUIUHLHQ:HOWHQXQGGHU6HNXQGlUVLHGOHUZDUQLFKW (VKUDV5HVVRUWGLH9HUWUlJHPLWMHQHQ:HOWHQVFKORVVHQLKUH.ROOHJHQ -HULVDJWHOHLVHIDVWHQWVFKXOGLJHQG ³,FK KDEH EHYRU LFK NDP GLH %OLW]PHOGXQJHQ ,KUHU 1DFKULFKWHQDEWHLOXQJ GXUFKJHOHVHQ'LH0DSSHOLHJWDXIGHP6HNUHWlULP%UR0\ODG\´ ³'DQNH -HUL´ VDJWH (VKUD IOVWHUQG (LQH ZRKOLJH :lUPH GXUFK]RJ GLH +DXW LKUHV *HVLFKWHV XQG GHV +DOVHV ELV KLQXQWHU ]XP %UXVWDQVDW] ³:DV JLEW HV %HPHUNHQVZHUWHV"´ 6LH PRFKWH GLHVHV MXQJH 0lGFKHQ -HUL ZDU LKU LQ JHZLVVHU :HLVH lKQOLFK XQG DXI HLQH JDQ] EHVWLPPWH :HLVH DXFK ZLHGHU YROONRPPHQ IUHPG -HUL HULQQHUWH VLH DQ GLH=HLWLQGHUVLHHEHQVRMXQJZDUZLHGLHVHV0lGFKHQGDV]XJOHLFK3ULYDWVHNUHWlULQ XQG 9HUWUDXWH .RVPHWLNHULQ XQG =RIH ZDU $PELWLRQHQ ]XU 0DFKW KDWWH -HUL QLFKW XQG GDVVLFKHUWHYRUGULQJOLFKGLH+DUPRQLH]ZLVFKHQGHQEHLGHQ)UDXHQ$QGHUHUVHLWVZDU

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

VLH VFKZHLJVDP XQG YRQ HLQHU JHUDGH]X DXIIDOOHQGHQ /R\DOLWlW HV WDW ZRKO LQ GLHVHP $PWXQGLQGLHVHQ=HLWHQHLQHQVROFKHQ0HQVFKHQXPVLFK]XKDEHQ-HULYHUGLHQWHHLQ KRUUHQGHV *HKDOW²NHLQ 0lGFKHQ LQ LKUHP $OWHU DXI JDQ] 5XG\Q EHVD HLQ VROFKHV (LQNRPPHQ 8QG ZHQQ PDQ HV JHQDX EHWUDFKWHWH DXFK NDXP HLQH VROFKH 0DFKW (LJHQWOLFK PHUNZUGLJ GDFKWH (VKUD GD -HUL GLHVH 0DFKW QRFK QLH DQJHZHQGHW KDWWH -HULVDJWHDOVZROOHVLHVLFKHQWVFKXOGLJHQ ³(LQH*HQHKPLJXQJVFKHLQWPLUZLFKWLJ]XVHLQXQGHLQHRIIHQH,QIRUPDWLRQ´ (LQH 5HLQLJXQJVIOVVLJNHLW VDXJWH GLH HUVWDUUHQGH 0DVNH DXI XQG EHUXKLJWH GLH KHIWLJGXUFKEOXWHQGH+DXW ³'LHJHKHLPH0HOGXQJ"´ZROOWH(VKUDZLVVHQ ³-HPDQGHP ZXUGH HLQH 0HQJH *HOG JH]DKOW (U VFKLFNWH HLQH 5HLKH HFKWHU 'RNXPHQWH 6LH VLQG ]X GLOHWWDQWLVFK XP )lOVFKXQJHQ ]X VHLQ ,FK NHQQH VLH QLFKW NHQQHQXUGHQ7H[WGHU0HOGXQJ´ (VKUDGUFNWHHLQHQ.QRSI(LQ]ZHLWHU*RQJHUW|QWHXQGVLH]RJGLH+DQGDXFK DXVGHP]ZHLWHQ0DQLNUH$XWRPDWHQ'DQQULFKWHWHVLFKGHUVFKPDOH6HVVHOODQJVDP DXI'LHXQK|UEDUHQ9LEUDWLRQHQZXUGHQDEJHVFKDOWHW (VKUDVSUWHGDGLH*HGDQNHQGHV0lGFKHQVEHXQUXKLJHQGZDUHQ6LHIUDJWH OHLVH ³:RUEHU"´ ³hEHUHLQH*HKHLPNRQIHUHQ]´VDJWH-HULXQGVWULFKGDV+DDUGHU0\ODG\]XUFN ³.QRWHQRGHU=RSI"´ (VKUDEHUOHJWHNXU]XQGHQWVFKLHGVLFK ³.QRWHQhEHUZHOFKH*HKHLPNRQIHUHQ]"´ ³9LHU DQGHUH .DOIDNWRUHQ KLHOWHQ HLQH *HKHLPNRQIHUHQ] DE 'D VLH VLFK LQ GLH 1lKH HLQHU 0LWK|UP|JOLFKNHLW EHJDEHQ ZXUGH LKU *HVSUlFK PLWJHVFKQLWWHQ XQG 7HLOH GDUDXV VRJDU JHILOPW 'LH 0HOGXQJ EHVDJW GD HLQH 6WLPPHQDQDO\VH KHUJHVWHOOW µZRUGHQLVW´ ³,FKYHUVWHKH(VJLQJXPPLFK"´ -HUL]|JHUWHPLWGHU$QWZRUW(LQ=HLFKHQIU(VKUDGDGLH0HOGXQJZHLWPHKU XQDQJHQHKPH $VSHNWH HQWKLHOW DOV VLH HV VLFK LP $XJHQEOLFN YRUVWHOOHQ NRQQWH 6LH VFKZLHJ HLQH :HLOH XQG EHJDQQ VLFK DXI GDV DXVJHGHKQWH )UKVWFN ]X IUHXHQ 6LH ZUGHHVKHXWHDXIGHU7HUUDVVHHLQQHKPHQ'DQQIUDJWHVLH ³8QGGLHRIIHQH0HOGXQJ"´ -HUL ]RJ GDV +DDU QDFK KLQWHQ OHJWH HV VWUDII DQ GHQ .RSI DQ XQG EHJDQQ PLW VLHEHQ 6WUlQJHQ ]X IOHFKWHQ 'DQQ ERJ GDV 0lGFKHQ GHQ =RSI ]ZHLPDO GXUFK EHIHVWLJWH GLDPDJQHWLVFKH .OLSV GDULQ XQG WUDW ]XUFN XP GHQ SHUIHNWHQ 6LW] ]X NRUULJLHUHQ$OOHVVWLPPWHJHQDX6LHVDJWH ³5HWPRUYRQ(SURLDKDWVHLQH$QNXQIWDQJHNQGLJW´ (VKUD ]XFNWH GLH 6FKXOWHUQ (U ZDU HLQ $NRQH XQG EHVWHQIDOOV HLQHV LKUHU :HUN]HXJH6LHVFKlW]WH0lQQHUDEHULQGHP$XJHQEOLFNZRVLHVSUWHGDVLH2SIHU XQG NHLQH *HJQHU YRU VLFK KDWWH YHUORU VLH ]LHPOLFK VFKQHOO GDV ,QWHUHVVH 1XQ YRQ (SURLDZDUHLQHVGLHVHU2SIHUZHQQDXFKHLQVHKUJXWDXVVHKHQGHV2SIHU ³:LHILQGHVWGXLKQ¶"´IUDJWHVLHKDOEODXW ³0lLJ 7DOHQWLHUW HWZDV ]X JXW DXVVHKHQG XQG GLH 7DOHQWH ZXUGHQ QLFKW HQWZLFNHOW´'DVZDU-HULVZDKUKHLWVJHWUHXH$QWZRUW

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

(VKUD ODFKWH OHLVH 6LH KDWWH HLQH DQJHQHKPH $OWVWLPPH GLH VLFK QXU EHL K|FKVWHU(UUHJXQJHWZDVlQGHUWH6LHVFKZDQJVLFKGDQQHLQHKDOEH2NWDYHK|KHU ³,FKKlWWHNHLQEHVVHUHV3V\FKRJUDPPDEJHEHQN|QQHQ´VDJWHVLH³:DQQZLOO HUNRPPHQ"´ -HULVDJWH ³,FKQHKPHDQZHQQHU=HLWKDW'DV$QNXQIWVGDWXPJLQJDXVGHU0HOGXQJQLFKW KHUYRUZRKODEHUGD(SURLDXQG0\ODG\HLQDQGHUVHKU]XJHWDQVLQG´ 6LHNLFKHUWHOHLVHXQGDQ]JOLFK ³6HKHQ ZLU ZHLWHU 9LHOOHLFKW NDQQ LFK DXV GHU $QJVW GHU $NRQHQ YRQ GHU =*8 JHVFKOXFNW]XZHUGHQHWZDVPDFKHQ,FK]LHKHPLFKVFKQHOODQGDQQIUKVWFNHQZLU´ ³(VLVWDOOHVYRUEHUHLWHW0\ODG\´VDJWH-HULXQGZLQNWHGHQ5RERWKHUDQ :lKUHQG (VKUD VLFK DQ]RJ EHUOHJWH VLH ODQJVDP XQG PHWKRGLVFK 6LH EHVD GHQ KRFKHQWZLFNHOWHQ 9HUVWDQG HLQHV 5HFKHQJHUlWHV :HOFKH 0HQJH DQ *HIKO VLH KDWWH GDUEHU EUDXFKWH VLH DQGHUHQ NHLQH 5HFKHQVFKDIW ]X JHEHQ QXU VLFK XQG VLH IUFKWHWHGHQ=HLWSXQNWDQGHPGDVJHVFKHKHQZUGH 6LHKDWWH)HLQGHXQWHUGHQ.DOIDNWRUHQ(VZDUHLQDQVFKHLQHQGOHJDOHU3UR]H GD HLQ .DOIDNWRU YHUVXFKWH GDGXUFK PHKU (LQIOX XQG 0DFKW ]X HUUHLFKHQ GD HU DQGHUH .ROOHJHQ DXVVFKDOWHWH XQG DQ LKUHU 6WHOOH 6WURKPlQQHU RGHU ZLOOLJH )LJXUHQ DXIEDXWHGLHHUDPEHVWHQXQGLQWHQVLYVWHQEHHLQIOXVVHQNRQQWH *HQDXGDVZROOWHPDQEHLLKUYHUVXFKHQ6LHVROOWH]XU6HLWHJHGUlQJWXQGDXV GHP $PW HQWIHUQW ZHUGHQDEHU GDV ZDU HLQH JHZDOWLJH 6FKZLHULJNHLW EHL HLQHU 3HUV|QOLFKNHLWVZDKO DXI /HEHQV]HLW $XI /HEHQV]HLW" (V NRQQWH EHGHXWHQ GD HLQ $QVFKODJDXILKU/HEHQJHSODQWZDU 6LH NRQWUROOLHUWH GHQ 6LW] GHV GXQNHOEODXHQ +RVHQDQ]XJV DXV VFKZHUHP 6DPW QLFNWHVLFKLP6SLHJHO]XXQGYHUVFKORGLH7U]XLKUHQ3ULYDWUlXPHQ 6LHJLQJGXUFKGDV%URVDKDXIGLH8KUXQGQDKPGLH0DSSHLQGLH+DQG'LH 3UHVVHDEWHLOXQJLKUHV+DXVHVKDWWHDOOH1DFKULFKWHQGLHIUVLHYRQ%HGHXWXQJZDUHQ NRQWUROOLHUWXQGKLHUDEJHOHJW6LHQDKPGLH0DSSHPLWXQGVHW]WHVLFKDXIGLH7HUUDVVH XQWHU GHP DXVJHVSDQQWHQ 6RQQHQVHJHO DQ GHQ JHGHFNWHQ 7LVFK 6LH KDWWH QRFK JHQJHQG=HLWHKHVLHVLFKGHQ$PWVJHVFKlIWHQZLGPHQPXWH ³$KD´VDJWHVLHXQGVWUHFNWHGLH+DQGDXVXPGDV.KOJODVYROOHU)UXFKWVDIW]X HUJUHLIHQ 6LHODVGLH0HOGXQJHQXQGPDFKWHVLFKHLQLJH1RWL]HQDQGHQ5DQGGHU%OlWWHU 'DQQNDP-HULVHW]WHVLFKXQGJDEGHPNOHLQHQ5RERWHLQHP0HLVWHUZHUNGHV'HVLJQV XQG GHU )lKLJNHLWHQ (VVHQ ]X VHUYLHUHQ GLH HQWVSUHFKHQGHQ %HIHKOH 6FKOLHOLFK HUVFKLHQQRFKGLHHLJHQWOLFKH6HNUHWlULQXQGVHW]WHVLFK 6LHVDJWHQDFKHLQHU:HLOH ³,FKVHKH6LHKDEHQGHQUHLFKOLFKXQDQJHQHKPHQ$UWLNHOEHUHLWVLQGHQ+lQGHQ 0\ODG\"´ (VKUD VFKDXWH DXI EHPHUNWH LKUHQ DXVJHVWUHFNWHQ $UP XQG EOLFNWH ]XHUVW -HUL GDQQ7HQHVVH\1DLFDQ 6LHWUDQNGDV*ODVKDOEOHHUXQGVDJWH ³5HLFKOLFK XQDQJHQHKP²GDV LVW UHLFKOLFK XQWHUWULHEHQ +LHU ZLUG YRQ HLQHP 0RUGDQVFKODJJHVSURFKHQ´ -HULZDUIHLQ ³7RDVWRGHU6SH]LDOEURW"´

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

³7RDVW/HLFKWHUYHUGDXOLFK²GLHVHU$UWLNHOZLUGPLUVFKZHULP0DJHQOLHJHQ 7HQHVVH\1DLFPHLQWHKDOEODXW ³(VLVWQXUHLQ$XV]XJ6LHPVVHQGLH%lQGHXQGGLH)LOPHK|UHQXQGVHKHQ 0\ODG\(VHUJLEWVLFKYLHOOHLFKWHLQDQGHUHU6LQQ´ (LQHVZDUVLFKHU 'LHVH,QIRUPDWLRQHQZDUHQKLHEXQGVWLFKIHVW'LH8QWHUODJHQZDUHQHFKWGHQQ (VKUD <WURPLQ HUNDQQWH JHQDX GLH :HQGXQJHQ GLH 7DX]LVNR *D\DU YHUZHQGHWH 6LH LGHQWLIL]LHUWH GLH HQGORVHQ 6FKDFKWHOVlW]H *HYULDO 1¶(GXGWV HEHQVR ZLH GLH QHUY|VHQ DEJHKDFNWHQ bXHUXQJHQ GHV .DOIDNWRUV 3RO 'D 9HUUD 8QG HV VDK *LVFRQ 3HWNLU JOHLFK]XEHKDXSWHQHUZROOHVLFKZHGHUDQHLQHP9HUEUHFKHQVFKXOGLJPDFKHQQRFK GLHDQGHUHQGUHL0lQQHUYHUUDWHQHUKDWWHEHGLQJXQJVORVH1HXWUDOLWlW]XJHVDJWXQGGLH 9HUVDPPOXQJYHUODVVHQQRFKHKHGLHHLQ]HOQHQ3XQNWHEHKDQGHOWZRUGHQZDUHQ (V ZDU W\SLVFK IU *LVFRQ 3HWNLU²HU KDWWH QRFK QLH YLHO PRUDOLVFKHV 5FNJUDW JHKDEW$XFKKLHUQLFKWZRHUVLFKKlWWHJHJHQHLQHQ0RUGSODQVWHOOHQPVVHQ -HULEDWOHLVH ³(VVHQ6LHHWZDV0\ODG\PLWOHHUHP0DJHQNlPSIWHVVLFKVFKOHFKW'HU.DIIHH ZLUGNDOW´ ³-DGDQNH-HUL´PXUPHOWH(VKUD]HUVWUHXW 6LHEHUIORJGHQ$XV]XJDXVGHQGXUFKJHVHKHQHQ)LOPHQXQGGDQQGLHDQGHUHQ 1DFKULFKWHQ 6LH ZDUHQ YHUJOLFKHQ PLW GLHVHP %HZHLVPLWWHO K|FKVW ]ZHLWUDQJLJ XQG NRQQWHQ URXWLQHPlLJ HUOHGLJW ZHUGHQ 'DQQ ]ZDQJ VLH VLFK HWZDV ]X HVVHQ XQG ]X WULQNHQ (LQH 6WXQGH VSlWHU IKOWH VLH VLFK ZLHGHU HLQLJHUPDHQ JHVWlUNW XQG IlKLJ HLQHQ.DPSIKLQWHUGHQSUDFKWYROOHQ.XOLVVHQGHV235$/GXUFK]XIHFKWHQ 6FKOLHOLFKKDWWHVLHVHOEVWDXFKQRFKHLQLJH$VVHLPbUPHO 6LHEH]ZDQJLKUH:XW,QQHUOLFKUDVWHVLHYRU=RUQXQGQDWUOLFKDXFKZHJHQGHU 0DVVH DQ )HLJKHLW GLH YRQ GLHVHQ GUHL VDXEHUHQ .ROOHJHQ DXVJLQJ ,KU 7HPSHUDPHQW OLH HV QLFKW ]X GD VLH NDSLWXOLHUWH XQG GLH SROLWLVFKH %KQH YHUOLH 6LH SODQWH HUEDUPXQJVORV]XUFN]XVFKODJHQDEHUVLHZDUVLFKLKUHU0|JOLFKNHLWYROOEHZXW²VLH NRQQWHQQLHPDOVVRJURVHLQZLHGLH0|JOLFKNHLWHQGLHVHUGUHL.DOIDNWRUHQGLHVLFK]X HLQHUYRUEHUJHKHQGHQ,QWHUHVVHQJHPHLQVFKDIW]XVDPPHQJHVFKORVVHQKDWWHQ 'DIUPXWHVLHPLW5DIILQHVVHYRUJHKHQ (VKUDVDJWHVFKOLHOLFK ³,FKELQGUHL6WXQGHQODQJLQPHLQHP%UR,FKELQIUQLHPDQGHQ]XVSUHFKHQ´ ³,FK KDEH YHUVWDQGHQ $XFK QLFKW IU (SURLD IDOOV HU IUKHU DOV DQJHQRPPHQ ODQGHQVROOWH"´ ³$XFKQLFKWIULKQ´VDJWH(VKUDKDUW³(VJHKWXPPHLQ/HEHQ8QGLQGLHVHP )DOOZHUGHLFKXQNRQYHQWLRQHOOKDQGHOQ´ ,KUH (UUHJXQJ ZDU QXU GDUDQ ]X PHUNHQ ZLH VLH PLW LKUHQ IULVFK PDQLNUWHQ )LQJHUQGLH6HUYLHWWH]HUNQOOWH6LHVWDQGDXIQDKPGLH0DSSHDQVLFKXQGYHUOLHGLH 7HUUDVVH 0LQXWHQ VSlWHU VD VLH LQ LKUHP UXQGHQ %UR LQ GHU 6SLW]H GHV :RKQWXUPV 9RU GHP ULHVLJHQ )HQVWHU DXV VFKXVLFKHUHP *ODV VDK VLH GLH %DXWHQ GHV 235$/ DXIUDJHQ (VKUD<WURP\QEHJDQQHLQLJH6WHLQFKHQ]XEHZHJHQ $XV GLHVHQ 6WHLQHKHQ VROOWH HLQH /DZLQH ZHUGHQ GLH *D\DU 1¶(GXGW XQG 'D 9HUUDXQWHUVLFKEHJUXE $XI GHQ (LQIDOO GD DOOHV YRQ HLQHU JDQ] DQGHUHQ ,QWHUHVVHQJHPHLQVFKDIW

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

DQJHUHJWZRUGHQZDUNDPGLHMXQJH)UDXQLFKW 6LHEHJDQQVLFK]XYHUWHLGLJHQ 'D]X EHQXW]WH VLH GLH :DIIHQ HLQHV *HVFKOHFKWHV GDV VHLW -DKUWDXVHQGHQ QHEHQ GHQ 0lQQHUQ JHOHEW KDWWH XQG GLHVH =HLW DEJHVHKHQ YRQ XQEHGHXWHQGHQ KlXVOLFKHQ $UEHLWHQ GDPLW YHUEUDFKW KDWWH GLH 0LWWHO GLH DXFK GLH 0lQQHU EHQXW]WHQ ]X YHUIHLQHUQ ]X YHUEHVVHUQ LQ HLQHU VXEWLOHQ :HLVH DQ]XZHQGHQ 6LH VHW]WH GLH :DIIHQHLQHU)UDXHLQ 8QG GLH ZXWH VLH JHQDX ZDUHQ VFKlUIHU XQG W|GOLFKHU DOV GLH :DIIHQ GHV 0DQQHV ,Q GHQ QlFKVWHQ GUHL 6WXQGHQ YHUOLHHQ VRUJIlOWLJ EHUHFKQHWH XQG QRFK YLHO VRUJIlOWLJHU DEJHIDWH 0HOGXQJHQ GDV %UR GHU .DOIDNWRULQ XQG HUUHLFKWHQ GLH 1DFKULFKWHQDJHQWXUHQGLHLKUHQ6LW]LQ*HQ]H]KDWWHQGHU+DXSWVWDGW5XG\QV 'LH 1DFKULFKWHQDJHQWXUHQ YHUEUHLWHWHQ GLH 0HOGXQJHQ XQG VFKOLHOLFK RKQH QHQQHQVZHUWHQ =HLWYHUOXVW HUUHLFKWHQ GLH YHUVFKLHGHQHQ VLFK ]XP 7HLO ZLGHUVSUHFKHQGHQ6FKULIWVlW]HVHOEVW7HUUD/LFKWMDKUHHQWIHUQW $XV GHU .HLP]HOOH GHU =HQWUDOJDODNWLVFKHQ 8QLRQ WUDIHQ GLH 0HOGXQJHQ XQG 1DFKULFKWHQQDWUOLFKYLHOIUKHUXQGYLHOGHXWOLFKHUPLW/RNDONRORULWYHUVHKHQXQGGDUXP YLHOZHQLJHUUHGXQGDQWGLH:lFKWHU 'LH0lQQHUGHU6RODUHQ$EZHKUGHUHQ&KHI$OODQ'0HUFDQWHUIXKUHQGDHLQ VHKU KRKHU XQG EHGHXWHQGHU $NRQH LQ .U]H ODQGHQ ZUGH²DXI 5XG\Q (U ZXUGH DOV GHU HLQ]LJH 0DQQ EH]HLFKQHW GHU MHPDOV LPVWDQGH JHZHVHQ ZDU GDV +HU] GHU DOV VSU|GHXQGDEZHLVHQGEHNDQQWHQ.DOIDNWRULQ(VKUD<WURP\Q]XHUULQJHQ 'XUFK GLHVH 9HUELQGXQJ ]ZHLHU VFK|QHU XQG MXQJHU 0HQVFKHQ VROOWHQ GLH SROLWLVFKHQ%DQGH]ZLVFKHQ5XG\QXQGVRPLWGHU=HQWUDOJDODNWLVFKHQ8QLRQHLQHUVHLWV XQG$NRQDQGHUHUVHLWVHQJHUJHNQSIWZHUGHQ0DQZROOWHGHQ.QRWHQVFKRQEDOGJDQ] IHVW ]X]LHKHQ ZDV EHGHXWHWH GD GDV 9HUO|EQLV ]ZLVFKHQ GLHVHQ SURPLQHQWHQ 3HUVRQHQGHUEHLGHQ6WHUQHQY|ONHULQ%lOGHVWDWWILQGHQZUGH 'LH6FKUHLEJHUlWHGHU1DFKULFKWHQYHUELQGXQJHQVWROSHUWHQ]ZDUEHUGHQ%HJULII ³LQ%lOGH´DEHUGLH1DFKULFKWHQZXUGHQGHQQRFKDXIJHQRPPHQXQGDXVJHZHUWHW (LQHDQGHUH0HOGXQJEHVDJWH 'HU (UVWH .DONXODWRU GHU JHIUFKWHWH ,UJHU 0DQ\WH\O ZUGH VHLQ *HKHLPHV .DONXODWLRQVNRPPDQGR LQ GHQ QlFKVWHQ 7DJHQ EHUEHVFKlIWLJHQ PVVHQ XP GHQ *HUFKWHQQDFK]XJHKHQGLHYRQHLQHPHUELWWHUWHQ0DFKWNDPSIKLQWHUGHU)DVVDGHGHV 235$/VSUDFKHQ 'LH0HKUKHLWGHU.DOIDNWRUHQZlUHVRKLHHVLQGHQ1DFKULFKWHQYRU6FKUHFNHQ XQG$EVFKHXJHOlKPW²VLHZlUHQGXUFKGLH(UPLWWOXQJHQGHV.DONXODWLRQVNRPPDQGRV GDUDXIJHVWRHQZRUGHQGDLQGHU$PWVIKUXQJGHU.DOIDNWRUHQ*D\DU1¶(GXGWXQG 'D9HUUDJHZLVVH8QUHJHOPlLJNHLWHQDXIJHWUHWHQZlUHQ 'HU 5HFKQXQJVKRI KLH HV KDEH 6XPPHQ QRWLHUW GLH RIIHQVLFKWOLFK ]XU %H]DKOXQJJHGXQJHQHU0|UGHUYHUZHQGHWZRUGHQZlUHQ ,Q ZHOFKHP )DOO MHQH 0|UGHU WlWLJ JHZRUGHQ ZDUHQ YHUVFKZLHJHQ GLH ,QIRUPDWLRQHQ (LQH ,QGLVNUHWLRQ KDEH (VKUD <WURP\Q GHU .DOIDNWRULQ IU 6R]LDOH %HODQJH GLHVH ,QIRUPDWLRQ ]XJHVSLHOW XQG GLH MXQJH )UDX HUVW VHLW NXU]HP LP $PW KDEHHVIULKUH3IOLFKWJHKDOWHQ´GLHgIIHQWOLFKNHLWYRQGHU8QNRUUHNWKHLWLKUHU.ROOHJHQ ]XYHUVWlQGLJHQ (LQHLQIRUPDWLYH0HOGXQJO|VWHGHQ6WURPGHUDQGHUHQ1DFKULFKWHQDE

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

6LHEHIDWHVLFKPLWGHP/HEHQXQGGHP$PWYRQ,UJHU0DQ\WH\O 'HU 0DQQ GHU HLQH PlFKWLJH JHKHLPH *UXSSH EHIHKOLJWH VFKLHQ VLFK GHU GRSSHOWHQ%HGHXWXQJVHLQHV%HUXIHVYROOEHZXW]XVHLQ(UOLWWGDUXQWHUKLHHVXQG HUVHLNDXPLQGHU/DJHGLHVH%UGHOlQJHU]XWUDJHQ (LQH QDKH]X¶ YROOVWlQGLJ DXVJHUVWHWH VHOEVWlQGLJ DUEHLWHQGH 2UJDQLVDWLRQ GLH QXU GHP 9HUKWHQ XQG $XIGHFNHQ YRQ 9HUEUHFKHQ GLHQWH PXWH VLFK YLHOHU 0LWWHO EHGLHQHQ GLH NDXP GD]X JHHLJQHW ZDUHQ LP 9RON XQG LQQHUKDOE GHU YLHOHQ 6WHUQV\VWHPH YLHOH 6\PSDWKLHQ ]X HUULQJHQ 'LH 9ROOPDFKWHQ ZXUGHQ YRQ )DOO ]X )DOO DXVJHQXW]W XQG LPPHU ZLHGHU YHUVLFKHUWH ,UJHU HLQ DFKWXQGYLHU]LJMlKULJHU 0DQQ PLW URWEORQGHP+DDUGDHUVLFKJH]ZXQJHQIKOHKDUW]XVHLQGHQQVFKOLHOLFKPVVHHV HLQHQ0HQVFKHQJHEHQGHUGLHVHVVFKPXW]LJH*HVFKlIWEHWUHLEH (U ZDU HLQ 5LHVH YRQ *HVWDOW UXQG KXQGHUWQHXQ]LJ =HQWLPHWHU JUR GHU JHUQ YHUELQGOLFKOlFKHOWHXQGDXIRIIL]LHOOHQ(PSIlQJHQGXUFKVHLQH7DQ]NXQVWXQGGLH*DEH GLH*HVHOOVFKDIWPLW$QHNGRWHQ]XXQWHUKDOWHQHLQJHZLVVHV$XIVHKHQEHVRQGHUVXQWHU GHQ 'DPHQ HUUHJWH (UZDU HLQ JHLVWYROOHU 3ODXGHUHU GHUHVQLHPDOVYHUVlXPWH]XEHWRQHQGD HU HLQHQ ZDKUHQ 2SIHUJDQJ IU GLH JHUHFKWH 6DFKH DQJHWUHWHQ KDEH XQG KlXILJ QDFKWV VHKU VFKOHFKW VFKOLHIH ZHLO HU GHU HLQ]LJH ZDU DXI GHQ VLFK GHU +D XQG GLH $EQHLJXQJ GHU NULPLQHOOHQ XQG YHUGlFKWLJHQ (OHPHQWHNRQ]HQWULHUWH $OV GLHVH 0HOGXQJ DXIJHIDQJHQ ZXUGH EOLFNWH HLQHU GHU 0lQQHU GHU 6RODUHQ $EZHKUDXIXQGPXUPHOWHYHUlFKWOLFK ³,FKZHWWHHLQHJDQ]H)ODVFKHLPSRUWLHUWHQ:RGND)UHXQGZHQQGLHVH.UHDWXU ZLUNOLFKVRLQWHJHULVWZLHVLHWXW,FKKDOWHLKQIUHLQHPRGHUQH$XVJHEXUWDXV6DWDQV 5HLFK´ 'HU 0DQQ GHU LKP JHJHQEHU VD XQG GLH 1DFKULFKWHQ DXVZHUWHWH XP LKUH UHLQHQ ,QIRUPDWLRQHQ VFKOLHOLFK DQ 0HUFDQW XQG DQ GHQ /RUGDGPLUDO ZHLWHU]XOHLWHQ HUZLGHUWH ³'LHVH KHNWLVFKH $NWLYLWlW GLH DXV GHP 0LQLVWHULXP IU 6R]LDOHV NRPPW LVW HUVWHQVQLFKWVR]LDO]ZHLWHQVRIIHQVLFKWOLFKGLH5HDNWLRQDXIXQVHUHQ9RUVWRPLWGHP OHLGHUHFKWHQ0DWHULDO´ 'HUDQGHUHIUDJWH ³:DUXPµOHLGHU¶"´ (UNDP]XU$QWZRUW ³/HLGHU ZHLO (VKUD <WURP\Q HLQH GHU ZHQLJHQ 3HUVRQHQ LVW GLH LKU $PW QLFKW GXUFK%HVWHFKXQJEHNRPPHQVRQGHUQHFKWHUNlPSIWKDW8QG DXFKGHVKDOEZHLOVLH YRQ DOOHQ .DOIDNWRUHQ GLH DQVWlQGLJVWH XQG QHWWHVWH LVW 8QG ]XGHP HLQH DXVJHVSURFKHQH6FK|QKHLWREZRKOVFKRQHLQXQGGUHLLJ´ ³hEHUJURH *DODQWHULH NDQQ PDQ GLU DXFK QLFKW JHUDGH YRUZHUIHQ´ VFKOR GHU DQGHUH0DQQXQGVFKWWHOWHGHQ.RSI ,KQVW|UWHQGHU1DPHGHV$NRQHQXQGGLHGDPLWYHUEXQGHQHQ,QIRUPDWLRQHQ 'DV 5DXPVFKLII²HV ZDU PHKU HLQH JURH 5DXPMDFKW²QlKHUWH VLFK GHP 3ODQHWHQ 5XG\Q :LH HLQ YLHOIDUELJHV -XZHO VFKRE VLFK GLH :HOW DXV GHP DQRQ\PHQ *HIXQNHO GHU 6WHUQH KHUYRU XQG ZXUGH JU|HU ,Q GHP 6HVVHO QHEHQ GHP 3LORWHQ VD

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

5HWPRUYRQ(SURLD(UZDUHLQUHODWLYMXQJHU0DQQDXVJHVWDWWHWPLWIDVWDOOHQ$WWULEXWHQ HLQHV 6RKQHV UHLFKHU XQG EHGHXWHQGHU (OWHUQ²OHLGHU DXFK PLW GHQ QHJDWLYHQ $WWULEXWHQ ,QGHV 5HWPRU ZDU DOOHV DQGHUH DOV GXPP DEHU GD HU QXU VHKU VHOWHQ LQ GLH 1RWODJH JHNRPPHQ ZDU VHLQH .OXJKHLW EHZHLVHQ ]X PVVHQ ZDU GLHVHU 7HLO VHLQHU 3HUV|QOLFKNHLW YHUNPPHUW ZLH HLQH SUlFKWLJH 3IODQ]H GHU HLQH GLFNH 6FKLFKW +XPXV XQGHQWVSUHFKHQGHQDWUOLFKH'QJHPLWWHOIHKOWHQ $XHUGHPZDUHUXQVLFKHU ³3LORW´VDJWHHUPLWVHLQHUOHLVHQDQJHQHKPHQ6WLPPH ³-D+HUU"´HUZLGHUWHGHU0DQQGHUGLH-DFKWLQZHQLJHQ0LQXWHQDXIGHQJURHQ 5DXPKDIHQYRQ5XG\QODQGHQZUGH ³+DEHQ6LHHWZDVJHIXQGHQ"´ ³1XU GLH EOLFKHQ 0HOGXQJHQ XQG GLH /DQGHHUODXEQLV´ HUZLGHUWH GHU 3LORW (V ZDUHLQODQJHUKDJHUHU$NRQHGHVVHQ%HUXIHVZDUWHXUH-DFKWHQVLFKHUXQGVFKQHOO ]X IOLHJHQ hEHU DOOHV DQGHUH PDFKWH HU VLFK QXU ZHQLJH *HGDQNHQ 6HLQ $XIWUDJ ZDU EHHQGHWZHQQGLHVHV6FKLIIVLFKHUJHODQGHWZDUXQGDOOH)RUPDOLWlWHQHUIOOWZDUHQ'HU 0DQQQHEHQLKPIUXVWULHUWHLKQGLHVHQ7\SNDQQWHHUXQGHUKDWWHLKQKDVVHQJHOHUQW (LQ0DQQGHUVHLQH%HGHXWXQJQXUGXUFKGDV*HOGGHV9DWHUVXQGGLHWHXUHQ6FKXOHQ UHFKWIHUWLJWH DXI GLH PDQ LKQ JHVFKLFNW KDWWH HLQ 0DQQ DOVR GHU QLHPDOV LQ VHLQHP /HEHQHWZDVKDWWHOHLVWHQPVVHQGHU3LORW]RJKHIWLJGLH/XIWGXUFKGLH=lKQHXQG YHUJDGLHVHQ*HGDQNHQ 'DQQ K|UWH HU GLH 6WLPPH LQ VHLQHP ZLQ]LJHQ 2KUK|UHU XQG VDJWH ]X¶ VHLQHP 1DFKEDUQ ³,FK KDEH HLQH 0HOGXQJ HUKDOWHQ ,KUH EH]DXEHUQGH )UHXQGLQ HUZDUWHW 6LH DP 5DXPKDIHQ(VKUD<WURP\QIUHXWVLFKVDJWHVLHZLHVLHVLFKQRFKQLHJHIUHXWKDWDXI ,KUHQ%HVXFK´ 5HWPRUZXUGHVLFKWOLFKQHUY|V (UVDJWH ³%LWWH EHVWlWLJHQ 6LH GLH 0HOGXQJ 3LORW 8QG YHUVLFKHUQ 6LH (VKUD PHLQHU JOKHQGHQ=XQHLJXQJ´ 'HU3LORWVFKOXFNWHXQGIUDJWHOHLVH ³6ROOLFKGLH0HOGXQJLURQLVFKEHWRQHQRGHULQZHUWIUHLHP7RQIDOOGXUFKJHEHQ"´ 0LW DXHUJHZ|KQOLFKHU .KOH VDJWH GHU $NRQH LQGHP HU GHQ 6LW] GHU /RFNHQ VHLQHU1DFNHQOLQLHNRQWUROOLHUWH ³6LHZHUGHQQLFKWGDIUEH]DKOW0HOGXQJHQRGHU)XQNVSUFKH]XLQWHUSUHWLHUHQ (VJHQJWZHQQ6LHZLHGHUKROHQ´ 'HU =HLJHILQJHU GHU UHFKWHQ +DQG GHV 3LORWHQ GUFNWH GHQ 5XINQRSI XQG GDQQ VDJWHGHU0DQQ ³6HOEVWYHUVWlQGOLFK+HUU´ (U ZLHGHUKROWH²ZHUWIUHL VHOEVWYHUVWlQGOLFK²GLH %HPHUNXQJ GLH 5HWPRU YRQ (SURLDJHPDFKWKDWWH 'DV 6FKLII EHNDP HLQHQ /DQGHEH]LUN ]XJHZLHVHQ XQG VFKUDXEWH VLFK PLW DXIIODPPHQGHQ'VHQGXUFKGLH/XIWKOOHGHV3ODQHWHQ5HWPRUOHKQWHVLFK]XUFNXQG EHJDQQ QDFK]XGHQNHQ -H PHKU HU VLFK GLHVHU XQJHZRKQWHQ %HVFKlIWLJXQJ KLQJDE GHVWRPHKU=ZHLIHOWDXFKWHQDXI (U|IIQHWHGXUFKHLQHQ)LQJHUGUXFNGLHKDOEDXWRPDWLVFKHQ*XUWHXQGVDJWH]XP

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

3LORWHQ ³,FK KRIIH 6LH ZLVVHQ ZHOFKH $UW /DQGXQJ 6LH HLQHP $GPLUDO VFKXOGLJ VLQG 3LORW´ 'HU 3LORW QLFNWH HU VDOXWLHUWH QLFKW ZHLO VHLQH EHLGHQ +lQGH PLW GHU 6WHXHUXQJ GHV NOHLQHQ 6FKLIIHV EHVFKlIWLJW ZDUHQ 'LH -DFKW VFKR GXUFK GLH /XIWKOOH DXI GLH 2EHUIOlFKH GHV 3ODQHWHQ QLHGHU (LQ SDDU ]HUIDVHUWH :RONHQ WULHEHQ YRUEHL 'DQQ WDXFKWH GLH ULHVLJH EODXH )OlFKH GHV 2]HDQV DXI EHUVlW YRQ GHQ 5HIOH[HQ GHV 6RQQHQOLFKWHV 5HWPRU JLQJ DXV GHU NOHLQHQ 6WHXHUNDQ]HO KLQDXV (U K|UWH GLH JHIOVWHUWH %HPHUNXQJ QLFKW PHKU GLH VHLQ 3LORW LKP QDFKVFKLFNWH 6LH ZDU VHKU ZHQLJ VFKPHLFKHOKDIW 5HWPRUEOLHELQVHLQHU3ULYDWNDELQHVWHKHQ(UKROWHWLHI/XIWXQGEHWUDFKWHWHVLFK LPHLQJHEDXWHQVSOLWWHUVLFKHUHQ6SLHJHO1LFKWHLQH6HNXQGHODQJGDFKWHHUGDUDQGD QLFKW HU PLW GHU %HJHLVWHUXQJ JHPHLQW VHLQ NRQQWH VRQGHUQ VHLQ 5DQJ XQG VHLQH %HGHXWXQJLQQHUKDOEGHV%ODXHQ6\VWHPV ³(VKUD´PXUPHOWHHU (U]XFNWHGLH6FKXOWHUQ 9RUHLQLJHQ-DKUHQKDWWHHUGLHMXQJH5HIHUHQWLQNHQQHQJHOHUQW6LHEHIDQGVLFK VR]XVDJHQ GLFKW YRU GHP $EVSUXQJ 6LH HUZRJ JHUDGH VLFK GHU :DKO ]X VWHOOHQ 'DGXUFKGDVLFKHLQHUGHUMQJVWHQ$GPLUDOHGHU$NRQHQIUVLHLQWHUHVVLHUWHJHZDQQ VLHDQ%HGHXWXQJ 5HWPRU |IIQHWH HLQHQ :DQGVFKUDQN XQG UlXVSHUWH VLFK PLW GHU JHERWHQHQ 'LVNUHWLRQ :DV KDWWH HV ]X EHGHXWHQ GD HU NDXP GD VHLQH $EUHLVH XQG GLH 9HUPXWXQJ HU ZUGH DXI 5XG\Q ODQGHQ EHNDQQW JHZRUGHQ ZDUHQ YRQ (VKUD DQJHUXIHQXQGPLWEHVRQGHUVJURHU+HU]OLFKNHLWHLQJHODGHQZXUGH" ³=ZHLIHOORV´VDJWHHUKDOEODXW³KDWVLHPLFKQLFKWYHUJHVVHQN|QQHQ8QGMHW]W GDVLHPLULP5DQJHWZDHEHQEUWLJLVWYHUVXFKWVLHPLFKZLHGHUHLQ]XIDQJHQ´ 5HWPRUYRQ(SURLDZDUYRQDOWHPDNRQLVFKHQ$GHO 6FKRQVHLQ9DWHUKDWWHLQGHU+LHUDUFKLHGHU)ORWWHHLQHQKRKHQ5DQJEHNOHLGHW GDV KLH HU EHNOHLGHWH LKQ QRFK $XFK GHU 6RKQ KLHOW HV PLW GLHVHU 7UDGLWLRQ (U ZDU JHVWDUWHWXPPLWGHQ.DOIDNWRUHQEHUHLQH9HUHLQEDUXQJ]XYHUKDQGHOQGLHEHVDJWH GDVLFKDNRQLVFKH6FKLIIHXQGVROFKHGLHGHU=HQWUDOJDODNWLVFKHQ8QLRQDQJHK|UWHQ JHJHQVHLWLJ QLFKW DQJULIIHQ 'LH $EHQWHXHU HLQHU QHXHUOLFKHQ 9HUELQGXQJ PLW (VKUD <WURP\Q ZDUHQ HLQH ZLOONRPPHQH ZHQQ DXFK K|FKVW XQHUZDUWHWH =XJDEH /DQJVDP XQGPLWSHGDQWLVFKHU*HQDXLJNHLW]RJVLFKGHUMXQJH$NRQHXP ³6FKOLHOLFK ZlUH (VKUD JHQDX GHU ULFKWLJH +HEHO IU PLFK´ VDJWH HU XQG EHWUDFKWHWH GLH PHVVHUVFKDUIH )DOWH LQ VHLQHP %HLQNOHLG ³3ROLWLVFKH =LHOH N|QQHQ QXU HUUHLFKWZHUGHQLQGHPPDQP|JOLFKVWYLHOPLW3HUVRQHQPDQLSXOLHUW´ (U VSUWH GLH (UVFKWWHUXQJHQ XQG K|UWH GLH YHUlQGHUWHQ *HUlXVFKH GHU 0DVFKLQHQDOVGLH-DFKWWLHIHUJLQJXQGEHUGQQEHVLHGHOWHP*HELHWGHP5DXPKDIHQ ]XUDVWH 6FKOLHOLFK KDWWH HU VLFK XPJH]RJHQ ZDUI HLQHQ OHW]WHQ %OLFN LQ GHQ 6SLHJHO XQGVFKORGLH6FKUlQNH (UVDJWHDOVHUZLHGHUQDFKYRUQJLQJ ³'DVZLUGGLHDQGHUHQ.DOIDNWRUHQQLFKWEHVRQGHUVIUHXHQ6FKOLHOLFKZLUGGXUFK PHLQHQ%HVXFKGLH3HUVRQ(VKUDVKLQUHLFKHQGDXIJHZHUWHW6LHHUKlOWHLQH%HGHXWXQJ GLHZHLWEHULKU$PWKLQDXVUHLFKW´

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

'HU7UXJVFKOXGHP5HWPRUXQWHUODJZDUOHLFKW]XHUNOlUHQ 'RUW ZRKHU HU NDP ZDU HU GHU 6RKQ HLQHV EHGHXWHQGHQ 9DWHUV -HGHUPDQQ YHUVLFKHUWH LKP GD HU HEHQIDOOV EHGHXWHQG ZDU 'DQQ PXWH HU ZHLWHUKLQ VFKOLHHQ GD PDQ NHLQHQ 0DQQ RKQH %HGHXWXQJ DXI HLQH VROFKH 5HLVH VFKLFNWHPLW HLQHU VROFKHQGHOLNDWHQ0LVVLRQ'LH.DOIDNWRUHQNRQQWHQJODXEHQ$NRQZUGHYHUVXFKHQLKU 0DFKWJHELHW]XVFKOXFNHQXQGGDV%ODXH6\VWHPIUFKWHWHLQVJHKHLPGDVJOHLFKH(V ZDU ZLUNOLFK HLQ 3UREOHP $OV 5HWPRU HLQHQ %OLFN DXV GHU /XNH ZDUI HUNDQQWH HU GLH 6LOKRXHWWH GHU +DXSWVWDGW *HQ]H] 6HLQH SHUV|QOLFKH 6WHZDUGH NDP XQG YHUEHXJWH VLFKNXU]YRULKP ³6LUKDEHQ6LHQRFKHLQHQ:XQVFK"´IUDJWHVLHKDOEODXWXQGPLWGHUJHERWHQHQ 0HQJH(KUIXUFKW 5HWPRUYRQ(SURLDPDFKWHHLQHXQEHVWLPPWH+DQGEHZHJXQJXQGHUZLGHUWH ³6LHN|QQHQPHLQHQ6DORQHWZDVDXIUlXPHQ'DQQEH]LHKHQ6LHPLWGHP3LORWHQ GLHEHVWHOOWHQ+RWHO]LPPHUXQGZDUWHQELVZLUZLHGHUVWDUWHQNODU"´ ³6HOEVWYHUVWlQGOLFK6LU´ ,UJHQGZLHPHUNZUGLJLKU%OLFNGDFKWH5HWPRU3O|W]OLFKZXUGHHUXQVLFKHU-H QlKHU GHU $XJHQEOLFN GHU /DQGXQJ NDP GHVWR ZHQLJHU JODXEWH HU GD DOOHV VR EHGHXWHQGZDUZLHHV]XQlFKVWDXVJHVHKHQKDWWH (UWU|VWHWHVLFK 'HU (LQIOX GHV %ODXHQ 6\VWHPV DXI GLH =HQWUDOJDODNWLVFKH 8QLRQ ZDU ]LHPOLFK JUR'HUSROLWLVFKH(LQIOXVDJWHVLFK5HWPRU8QGZHQQHV(VKUDZLUNOLFKXPLKQ]X WXQ ZDU GDQQ ZUGH VLFK GHU (LQIOX QRFKYHUJU|HUQ XQG HU NDP ZLUNOLFK PLW HLQHP EHGHXWHQGHQ (UIROJ ]XUFN 9HUPXWOLFK ZUGHQ GLH DQGHUHQ .DOIDNWRUHQ LQ VHLQHU 3HUVRQHLQHQ)DNWRUVHKHQGHUVLH]LWWHUQODVVHQZUGH 5HWPRUOlFKHOWH 6R XQG QLFKW DQGHUV ZDU HV $OVR ZDU HU ZLUNOLFK HLQ EHGHXWHQGHU 0DQQ GHU LQ HLQHUZLFKWLJHQ0LVVLRQXQWHUZHJVZDU 'LH-DFKWVFKZHEWHODQJVDPPLWHLQJHVFKDOWHWHQ$QWLJUDYSURMHNWRUHQ]ZLVFKHQ GHQ DQGHUHQ 6FKLIIHQ KLQGXUFK XQG VWHXHUWH LKUHQ /LHJHSODW] DQ 5HWPRU VWDUUWH DXV GHP%XOODXJH:DVHUZDUWHWHHU"(VKUD<WURP\Q"2GHUHLQH0LOLWlUNDSHOOH" (LQ/DXWVSUHFKHUNQDFNWH 'LHGLV]LSOLQLHUWH6WLPPHGHV3LORWHQVDJWHKDOEODXW ³1RFK]HKQ6HNXQGHQELV]XU/DQGXQJ6LU´ ³'DQNH´EUXPPWH5HWPRU (U ZDU VLFK VHLQHU HLJHQHQ %HGHXWXQJ K|FKVW XQEHZXW =ZDU ZDU HV ULFKWLJ GDHUDOOHVDQGHUHDOVHLQ0DQQGHU$XHQSROLWLNZDUDEHUGDGXUFKGDHUHLQHUGHU ZHQLJHQEHUKPWHQ)DPLOLHQHQWVWDPPWHYHUN|USHUWHVHLQH3HUVRQ²YLHOZHQLJHUGDV ZDV HU VDJHQ XQG DXVKDQGHOQ ZUGH²HLQH 0HQJH SROLWLVFKH 0DFKW $OV VLFK MHW]W GLH -DFKW IHGHUOHLFKW HLQHV $GPLUDOV DQ %RUG ZUGLJ DXI GHQ %RGHQ GHV 5DXPKDIHQV VHQNWHOHKQWHHUVLFKLQGHQ5DKPHQGHV6FKRWWVXQGVDKUXKLJ]XZLHVLFKGLHLQQHUH 7UGHU6FKOHXVH|IIQHWH ³:LH VFK|Q´ IOVWHUWH 5HWPRU 'DV =LVFKHQ GHU $QODJH UHJWH LKQ DXI (U KRIIWH GDUDXIGDLKQ(VKUDHUZDUWHWH ³5XG\Q´VDJWHHUOHLVH 'HU 3ODQHW GHVVHQ +DXSWVWDGW XQG HLQ .DOIDNWRU GHU VHLQ $PW LP 235$/ DXVEWH HUVFKLHQHQ LKP DOV HUVWUHEHQVZHUWHV =LHO (U ZDUWHWH DXI GDV =LVFKHQ GHU

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

6FKOHXVHQDXHQWU ZDUWHWH GDUDXI GD VLFK GLH 5DPSH GHP %RGHQ HQWJHJHQVFKRE XQGWUDWGDQQEOLQ]HOQGKLQDXVLQGLH6RQQH5XG\QV(UZDUWHWHHLQH:HLOH ³8QGZRLVW(VKUD"´IUDJWHHUVLFKODXW +LQWHULKPZDUGHU3LORWDXIJHWDXFKWXQGIUDJWHXQEHWHLOLJWXQGRKQHEHVRQGHUH %HWRQXQJ ³+DEHQ6LHEHVRQGHUH$QRUGQXQJHQ$GPLUDOYRQ(SURLD"´ ³1HLQ´ VDJWH GHU $NRQH XQG VHW]WH VLFK GLH GXQNOH %ULOOH DXI (U WUDW DXI GLH REHUVWH 6WXIH GHU *DQJZD\ ³,FK JODXEH LFK ZHUGH JHEKUHQG HPSIDQJHQ XQG DEJHKROW´ 'HU3LORWVDOXWLHUWHQDFKOlVVLJ-HW]WVDKPDQLKPDQZLHZHQLJHU(SURLDXQG VHLQHVJOHLFKHQ PRFKWH (U QLFNWH XQG VDK ]X ZLH 5HWPRU GLH 6WXIHQ KLQXQWHUJLQJ XQWHUKDOEGHU-DFKWVWHKHQEOLHEXQGVLFKXPVDK (UZDUWHWHQLFKWJDQ]HLQH0LQXWH 'DQQNDPYRP5DQGGHV5DXPKDIHQVYRP.RQWUROOWXUPKHUHLQZHLHU*OHLWHU PLW GHP =HLFKHQ GHV 235$/ DXI GLH -DFKW ]XJHVFKZHEW XQG VWRSSWH KDUW QHEHQ GHU 5DPSH (LQ )DKUHU VSUDQJ KLQDXV XQG UL GLH 7U DXI (LQ 0lGFKHQ VWLHJ DXV XQG ZDQGWHVLFKK|IOLFKDQ5HWPRU ³6LHVLQG$GPLUDO5HWPRUYRQ(SURLD"´IUDJWHGDV0lGFKHQ 5HWPRUOlFKHOWHDQJHPHVVHQXQGHUZLGHUWH ³6R LVW HV ,FK KDEH HLJHQWOLFK HUZDUWHW YRQ (VKUD SHUV|QOLFK DEJHKROW ]X ZHUGHQ´ -HULHUZLGHUWH]XUFNKDOWHQGXQGRKQHGDV*HVLFKW]XYHU]LHKHQ ³0\ODG\ZDUOHLGHUYHUKLQGHUW6LHVFKLFNWHGDKHUPLFKLKUH3ULYDWVHNUHWlULQXQG 9HUWUDXWH ,FK ZHUGH 6LH VLFKHU LQ GHQ 6WDGWSDODVW YRQ 0\ODG\ EULQJHQ 'DUI LFK 6LH ELWWHQHLQ]XVWHLJHQ"´ 5HWPRUHUNXQGLJWHVLFKOHLFKWLQGLJQLHUW ³.HLQHRIIL]LHOOH%HJUXQJRGHUVR"´ 'DV /lFKHOQ GHV 0lGFKHQV ZDU ]XUFNKDOWHQG XQG QLFKW ]X GHXWHQ 6LH HQWJHJQHWHKDOEODXWDEHUVHKUEHVWLPPW ³.HLQHRIIL]LHOOH%HJUXQJ(VLVWVFKOLHOLFKNHLQRIIL]LHOOHU%HVXFK²DXHUGHP VLQG GLH DQGHUHQ ]ZDQ]LJ .DOIDNWRUHQ LP $XJHQEOLFN HWZDV YHUKLQGHUW 6LH EHUDWHQ ,QWHUHVVDQWHDXHQSROLWLVFKH$VSHNWHKDEHQVLFKDXIJHWDQ´ 1RFKLPPHUVWDQGVLHDEZDUWHQGLQGHU1lKHGHU7UGHUHQ+DQGJULIIGHU)DKUHU KLHOW6HLQ*HVLFKWZDUQRFKZHVHQWOLFKDXVGUXFNVORVHUDOVGDV/lFKHOQGHU6HNUHWlULQ 5HWPRUKREGLH6FKXOWHUQXQGVDJWH ³,Q2UGQXQJ6LHEULQJHQPLFK]XGHUUHL]HQGHQ(VKUD"´ -HULEHVWlWLJWHWURFNHQ ³,FKKDEH$QRUGQXQJ6LHLQGHQ6WDGWSDODVWGHU0\ODG\]XEULQJHQXQG6LHDXI GHU)DKUW]XXQWHUKDOWHQ6LU´ 5HWPRU EFNWH VLFK NOHWWHUWH LQ GHQ *OHLWHU XQG VHW]WH VLFK (U VDK HWZDV HQWWlXVFKW XQG ZLHGHUXP XQVLFKHU JHZRUGHQ ]X ZLH VLFK GDV 0lGFKHQ QHEHQ LKQ VHW]WH HLQH =LJDUHWWH DQ]QGHWH XQG GHP )DKUHU HLQHQ :LQN JDE 'HU *OHLWHU GUHKWH IDVWDXIGHU6WHOOHXQGZXUGHVFKQHOOHU(UVFKZHEWHDXIGHQ.RQWUROOWXUPYRQ*HQ]H] 3RUW]XGHUZLHHLQHULHVLJH1DGHOLQGHQEODXHQZHLEHZ|ONWHQ+LPPHOVWDFK (WZDVZHQLJHUVHOEVWVLFKHUZDQGWHVLFK5HWPRUDQGDV0lGFKHQ ³:LHJHKWHVGHUEH]DXEHUQGHQ(VKUD"´IUDJWHHUXQGJDEVHLQHU6WLPPHHLQHQ

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

-RYLDOHQ7RQIDOO ³6LH VLHKW GHP =XVDPPHQWUHIIHQ PLW ,KQHQ $GPLUDO PLW HLQLJHU 6SDQQXQJ HQWJHJHQ´HUZLGHUWHGDV0lGFKHQ ³0LWIUHXGLJHU6SDQQXQJ"´ZROOWHHUZLVVHQ ³0DJ VHLQ´ DQWZRUWHWH -HUL ³,FK ZHL HV QLFKW JHQDX 0HLQ $XIWUDJ ODXWHWH 6LH DE]XKROHQXQG,KQHQPLWGHUJHEKUHQGHQ+|IOLFKNHLW]XEHJHJQHQ´ 5HWPRUVDJWH ³'DVLVWJHVFKHKHQ´ 'HU *OHLWHU PLW GHP +RKHLWV]HLFKHQ SDVVLHUWH RKQH DQJHKDOWHQ ]X ZHUGHQ VlPWLLHKH 6SHUUHQ XQG $EJUHQ]XQJHQ XQG IXKU PLW HLQJHVFKDOWHWHQ :DUQOHXFKWHQ XQG PLWEHWUlFKWOLFKHU*HVFKZLQGLJNHLW1DFKHLQHU)DKUWGXUFKHWZDGHQ5DGLXVGHU6WDGW WDXFKWHQ GLH EHUKPWHQ 3DUNDQODJHQ DXI 'LH PlFKWLJHQ %DXWHQ GHV 235$/ HUKREHQ VLFK DXV GHQ JUQHQ %DXPNURQHQ 'HU $NRQH ZXWH HWZD ZR GHU 6WDGWSDODVW (VKUD <WURP\QVODJXQGVFKDXWHVFKZHLJHQGDEHUXQUXKLJDXVGHQ)HQVWHUQGHV*OHLWHUV 6FKOLHOLFKDOVGHUUXQGH:RKQWXUPLQ6LFKWNDPIUDJWHHU ³:DVVDJWH0\ODG\"´ 'LH6HNUHWlULQHUZLGHUWH ³6LHZROOWH,KQHQHQWJHJHQNRPPHQELV]XU*UHQ]HGHV*UXQGVWFNV$OVRELV]X GHU/LQLHGLH]ZLVFKHQGHP,PPXQLWlWVEHUHLFKGHV6WDGWSDODVWHVXQGGHV235$/OLHJW ,FKJODXEHVLHIUHXWVLFKDXIGDV:LHGHUVHKHQ´ ³6R ZLH LFK´ HUNOlUWH 5HWPRU ZUGHYROO (U PHLQWH HV DXFK VR ,Q GHQ OHW]WHQ 0LQXWHQ KDWWH VLFK VHLQH (UZDUWXQJ JHVWHLJHUW ,Q]ZLVFKHQ ZUGH VHLQH SHUV|QOLFKH 6WHZDUGHYRQLKUHP+RWHO]LPPHUDXVHLQH3UHVVHPHOGXQJODQFLHUWKDEHQZRQDFKHU 5HWPRU EHDEVLFKWLJWH VLFK ELQQHQ ZHQLJHU 7DJH PLW (VKUD ]X YHUOREHQ *HZL HLQ NKQHV 8QWHUQHKPHQ DEHU LP ,QWHUHVVH GHU 3ROLWLN GHV %ODXHQ 6\VWHPV GXUFKDXV JHUHFKWIHUWLJW²HLQ 'HPHQWL ZDU ELOOLJ (U PHUNWH ZLH GHU *OHLWHU DEEUHPVWH YRQ GHU JHVLFKHUWHQ3LVWHDEERJXQGLQGDV,QQHUHGHV3DUNHVVFKZHEWH ³:LU VLQG GD"´ IUDJWH HU XQG IDWH QDFK VHLQHP NXQVWYROO JHVFKOXQJHQHQ +DOVWXFK ³,QHLQLJHQ6HNXQGHQ´EHVWlWLJWH-HUL 'HU *OHLWHU KLHOW $XV HLQHP 3I|UWQHUKlXVFKHQ GDV Y|OOLJ LQ GLH 3DUNDQODJHQ LQWHJULHUW ZDU VFKZHEWH HLQ ]LHUOLFKHU 5RERW KHUDXV (U VWHXHUW DXI GHQ *OHLWHU ]X VWUHFNWH HLQHQ SQHXPDWLVFK EHWULHEHQHQ $UP DXV IDWH DQ GLH *ULIIH XQG GLH 'UXFNNQ|SIH GHU 7UHQ XQG |IIQHWH VLH =XHUVW VWLHJ GDV 0lGFKHQ DXV OlFKHOWH EH]LHKXQJVORVXQGZDUWHWH'DQQEFNWHVLFKGHU$NRQHULFKWHWHVLFKDXIXQGVDKVLFK XP 'DQQJDQ]SO|W]OLFK]XFNWHHU]XVDPPHQDOVKDEHLKQHLQ,QVHNWJHVWRFKHQ ³(VKUD´ULHIHU 6HLQ *HVLFKW YHUILHO SO|W]OLFK (U VDK XQYHUPLWWHOW DXV ZLH MHPDQG GHU VLFK YHUOHW]WKDWWHRKQH]XZLVVHQZDUXP (U VWDUUWH GDV 0lGFKHQ DQ DOV N|QQWH HU QLFKW JODXEHQ ZDV JHVFKHKHQ ZDU 6HLQH $XJHQ ZXUGHQ JUR 6HLQ *HVLFKWVDXVGUXFN YHUlQGHUWH VLFK ]XVHKHQGV XQG JDQ]SO|W]OLFKLQHLQHUNXU]HQDEHUH[DNWHQ,PSUHVVLRQHUNDQQWH-HULXQYHUPLWWHOWGD GLHVHU 0DQQ DQGHUV ZDU DOV HU VLFK JDE (U ZXUGH SO|W]OLFK ZDKU XQG HFKW 6HLQH 6WLPPHVDQNLQQHUKDOEZHQLJHU6HNXQGHQ]XHLQHP)OVWHUWRQKHUDE ³6DJHQ6LH´PXUPHOWHHUXQGKROWHWLHI$WHP(UYHU]RJYROOHU6FKPHU]HQGDV

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

*HVLFKW XQG SUHWH EHLGH +lQGH JHJHQ GLH %UXVW VDJHQ 6LH (VKUD VLH ZDU GDV HLQ]LJHGDVHLQ]LJH(UOHEQLVGDVZLUNOLFK]lKOWHHVLVWDOOHV,OOXVLRQDEHUVLHLVW LVWZDKU,FK´ (UEUDFKDEXQGELGLH.LHIHUDXIHLQDQGHU(UVFKZDQNWHXQGILHOVFKZHUJHJHQ GLH )ODQNH GHV *OHLWHUV 'HU 5RERW VXPPWH DXI VFKOR JHVFKlIWLJ GLH 7UHQ XQG VFKZHEWH]XUFNLQVHLQ9HUVWHFN -HULZDUHUVWDUUW'HU6FKUHFNHQKDWWHVLHYROOVWlQGLJJHOlKPW6LHNDQQWHYLHOHV DEHUGHP9HUIDOOHLQHV0HQVFKHQVWDQGVLHKLOIORVJHJHQEHU ³:DVKDEHQ6LHLVW,KQHQQLFKWJXW"´VWDPPHOWHVLH $XI GHP .LHVZHJ K|UWH PDQ VFKQHOOH 6FKULWWH GLH ELQQHQ NXU]HU =HLW LQ /DXIHQ EHUJLQJHQ .LHV VSULW]WH QDFK DOOHQ 6HLWHQ DOV (VKUD KHUEHLOLHI 6LH KDWWH QXU GLH DXVVWHLJHQGHQ 3HUVRQHQ JHVHKHQ XQG EHPHUNWH MHW]W GD HWZDV YRUJHIDOOHQ VHLQ PXWH ³5HWPRU´ULHIVLHXQWHUGUFNW ,UJHQGZR KLQWHU LKU KRFNWH GHU 0|UGHU ]ZLVFKHQ GHQ bVWHQ HLQHV %DXPHV (U WUXJ GQQH +DQGVFKXKH XQG HLQH %ULOOH GLH VWDUN YHUJU|HUQG ZLUNWH (U KRE ODQJVDP GLH %FKVH KRFK XQG JULQVWH GQQ²VFKOLHOLFK KDWWH HU VRHEHQ HOIWDXVHQG 6RODU YHUGLHQW(UNDQQWHGHQ0DQQQLFKWGHQHUJHWURIIHQKDWWH 'HU/DXIGHU%FKVHZDUKHL 'HU ODQJH EHUGLPHQVLRQLHUWH 6FKDOOGlPSIHU GHU PLW HLQHP ,QGH[ YRQ DFKWXQGQHXQ]LJ DUEHLWHWH XQG QDFK ]ZHL 6FKVVHQ GHQ /DXI UXLQLHUWH KDWWH GDV *HUlXVFK GHV 6FKXVVHV VR ZHLW UHGX]LHUW GD HV ZLH GDV .QDFNHQ HLQHV WURFNHQHQ $VWHVNODQJ 'HU0DQQHLQKDJHUHU5XG\Q*HERUHQHUKlQJWHGDV*HZHKUDQGHPHUNHLQH HLQ]LJHYHUZHQGEDUH6SXUKLQWHUODVVHQKDWWHDQHLQHQ$VWXQGJOLWWPLWGHU6FKQHOOLJNHLW HLQHV7LHUHVGHQ%DXPVWDPPKLQXQWHUVFKOXJVLFKLQGLH%VFKHXQGYHUVFKZDQG (U VWUHLIWH GLH (ULQQHUXQJ DQ GDV ]XVDPPHQ]XFNHQGH´ EHUUDVFKWH *HVLFKW VHLQHV2SIHUVVRVFKQHOODEZLHGLHGQQHQ+DQGVFKXKHGLHHULQGLH7DVFKHQVWHFNWH 'DQQ JLQJ HU PLW JHPHVVHQHQ 6FKULWWHQ GXUFK GHQ 3DUN EHU HLQH %UFNH XQG EOLHE VWHKHQ $OV HU EHPHUNWH GD QLHPDQG LKQ EHREDFKWHWH ZDUI HU GLH +DQGVFKXKH LQV :DVVHU²VLHZDUHQDXVHLQHPEHVWLPPWHQ.XQVWVWRIIXQGZUGHQVLFKELQQHQ]ZDQ]LJ 0LQXWHQDXIO|VHQ (UYHUOLHGHQ3DUNPLVFKWHVLFKXQWHUGLH0HQVFKHQLP=HQWUXP*HQ]H]¶XQG ZDUYHUVFKZXQGHQ $OV(VKUDGHQ$NRQHQHUUHLFKWHKDWWH5HWPRUYRQ(SURLDQRFK]ZHLXQG]ZDQ]LJ 6HNXQGHQ]XOHEHQ 'DV*HVFKRZDUGXUFKVHLQHSUlFKWLJH8QLIRUPJHGUXQJHQKDWWHGLH+DXWXQG GLH.QRFKHQGXUFKVFKODJHQXQGVHLQ+HU]JHWURIIHQ(VZDUHLQHODQJHVSLW]H1DGHO GLH HLQH NDXP VLFKWEDUH :XQGH KHUYRUULHI 6LH VWHFNWH LQ GHU 1lKH GHV +HU]HQV XQG EHJDQQ MHW]W 6HNXQGHQ QDFK GHP (LQVFKODJ VLFK DXI]XO|VHQ XQG HLQ W|GOLFKHV *LIW GXUFK GHQ .|USHU ]X VFKLFNHQ 5HWPRU EUDFK ]XVDPPHQ UROOWH DXI GHQ 5FNHQ XQG VHLQH+lQGHVFKORVVHQXQG|IIQHWHQVLFKZLHGHULP.UDPSI (VKUD NDXHUWH VLFK QHEHQ LKQ LQ GHQ .LHV 6LHEHJULIIVFKQHOO ZDV KLHU SDVVLHUW ZDU ³5HWQLRU´VDJWHVLH³,FKJODXEHPLULFKELQXQVFKXOGLJ,FKZROOWHGLFKlUJHUQ DEHU´

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

(UEUDFKWHHLQMXQJHQKDIWHV/lFKHOQ]XVWDQGHXQGIOVWHUWH ³,FK JODXEH HV ZDU VFK|Q GLFK QRFK HLQPDO ]X VHKHQ KRIIHQWOLFK LVW GHLQ (QGHDQGHUVDOVPHLQHV´³ 6LHKREVHLQHQ.RSILQLKUHQ6FKREHJDQQ]XZHLQHQXQGIOVWHUWH ³'DVGDUIQLFKW5HWPRU´ (U OlFKHOWH VWlUNHU GDQQ ElXPWH VLFK VHLQ .|USHU DXI (U VDJWH EHUUDVFKHQG GHXWOLFKXQGODXW ³(VLVWPHLQ7RGQLFKWGHLQHU'XZDUVWZLUNOLFKGHUHLQ]LJH0HQVFKGHQLFK´ 'DQQVWDUEHU 1DFK HLQHU :HLOH KRE (VKUD GHQ .RSI VDK LQ GDV IDKOH *HVLFKW -HULV XQG IOVWHUWHWRQORV ³-HPDQG ZLUG GDIU EH]DKOHQ 0LW =LQVHQ XQG =LQVHV]LQVHQ 'DV VFKZ|UH LFK XQGZHQQLFKGDEHLXPNRPPH%LWWHYHUDQODVVHDOOHV1|WLJH-HUL´ 'DV0lGFKHQQLFNWHXQGZLVFKWHVLFKGLH7UlQHQYRQGHQ:DQJHQ ³-D´IOVWHUWHVLHHUVWLFNW 'HU $NRQH ZDU WRW 0DQ KDWWH LKQ HUPRUGHW (LQ JHGXQJHQHU 0|UGHU KDWWH LKQ ZHQLJH 6FKULWWH YRU GHP 6WDGWSDODVW YRQ (VKUD <WURP\Q HUVFKRVVHQ $OV GHU $ODUP ORVKHXOWH DOV GLH 6LFKHUXQJVWUXSSHQ YRQ ,UJHU 0DQ\WH\O HLQJULIIHQ DOV GLH 3UHVVHYHUWUHWHUDP7DWRUWHUVFKLHQHQZDU(VKUDLQ¶LKUHQ5lXPHQXQGVDVFKZHLJHQG LQHLQHP6HVVHOXQIlKLJHLQHQNODUHQ*HGDQNHQ]XIDVVHQ'LH,UUVLQQLJHKDWWHQQLFKW VLHHUPRUGHWVRQGHUQHLQHQ8QVFKXOGLJHQ 'HU.DPSIHVNDOLHUWHLQMHQHQ6HNXQGHQ (LQHUVWHU6FKULWW 'LH 6WLOOH LQ GHP JURHQ 5DXP ZDU JHUDGH]X DXIIlOOLJ 1XU GDV NDXP K|UEDUH *HUlXVFK PLW GHP GLH =LIIHUQ HLQHU 'LJLWDOXKU ZHFKVHOWHQ XQWHUEUDFK GLH 5XKH (LQH 7U |IIQHWH VLFK XQG VFKOR VLFK ZLHGHU /HLVH 6FKULWWH QlKHUWHQ VLFK ELV (VKUD DXIEOLFNWH ³'LHVH:DKQVLQQLJHQ-HUL´IOVWHUWHVLH 'DV0lGFKHQQLFNWH6LHVFKDXWHODQJHDXIGLH.DOIDNWRULQKLQXQWHUGDQQGUHKWH VLHVLFKXPJLQJ]XU%DUXQGIOOWHKRFKSUR]HQWLJHQ$ONRKROLQHLQ*ODVXQGWDWHLQHQ ZLQ]LJHQ :UIHO KLQ]X GHU LQ VHLQHP ,QQHUHQ HLQ QRFK ZHVHQWOLFK NOHLQHUHV .KODJJUHJDW EHVD -HUL UHLFKWH (VKUD GDV *ODV XQG GLH MXQJH )UDX WUDQN LQ GUHL ODQJHQ=JHQGDV*ODVOHHU6FKOLHOLFKVDJWHVLHWRQORV ³,FKKDEHNHLQH%HZHLVHDEHULFKYHUPXWHGDDXFKZLHGHU'D9HUUD1¶(GXGW XQG*D\DUGDKLQWHUVWHFNHQ6LHPVVHQY|OOLJGHVSHUDWVHLQHUPRUGHQ5HWPRU´

-HULVDJWHOHLVH ³(LQ2SIHUGDVLQGHQOHW]WHQ6HNXQGHQVHLQHV/HEHQV]XHLQHPOLHEHQVZHUWHQ 0DQQ ZXUGH 6LH KDEHQ LKQ ZHJJHVFKDIIW DOOHV LVW YHUDQODW XQG LQ ZHQLJHQ 0LQXWHQ ZLUG,UJHUKLHUHUVFKHLQHQ´

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

(VKUDIUDJWHPLWHLQHPYDJHQ/lFKHOQ ³'HVZHJHQGHU$ONRKRO"´ ³'HVZHJHQ 6LH VROOWHQ ,KU 0DNHXS DXIIULVFKHQ´ VDJWH -HUL (VKUD QLFNWH XQG VDJWH]HUVWUHXW ³-D-DGDQNH´ 6LHKDWWHJHZHLQW6LHVWDQGDXIYHUOLHGHQ5DXPXQG-HULOLHGHQ&KHIGHV *HKHLPHQ .DONXODWLRQV.RPPDQGRV KHUHLQ (U EOLHE VWHKHQ EHWUDFKWHWH GLH %LOGHU DQ GHQ:lQGHQZREHLHUGLH+lQGHDXIGHP5FNHQYHUVFKUlQNWH$OVHUHQWVSUHFKHQGH *HUlXVFKHK|UWHGUHKWHHUVLFKXP ³0\ODG\´ VDJWH HU ³,FK EHGDXUH GHQ =ZLVFKHQIDOO HEHQVR ZLH MHGHU DQGHUH (V ZDUVLQQORVHU0RUG´ (VKUDHUZLGHUWHEHKHUUVFKW ³.HLQ 0RUG LVW RKQH 0RWLY *D\DU 'D 9HUUD XQG 1¶(GXGW YHUVXFKWHQ PLFK ]X EHVHLWLJHQ6LHPXWHQZLVVHQGDPHLQH3HUVRQGXUFKHLQHZLHDXFKLPPHUJHDUWHWH 9HUELQGXQJ PLW GHP %ODXHQ 6\VWHP QRFK ZLFKWLJHU ZLUG 6RUJHQ 6LH GDIU GD GLHVH GUHL0lQQHUEHUSUIWZHUGHQ´ ,UJHUKVWHOWHGLVNUHWXQGHUZLGHUWH ³,FK ZHUGH YHUDQODVVHQ ZDV Q|WLJ LVW $EHU LFK ELQ EHU]HXJW GD DOOHV HLQ ,UUWXPLVW´ (VKUD EOLHE KLQWHU LKUHP NOHLQHQ 6HNUHWlU VWHKHQ XQG VWW]WH GLH )LQJHU DXI GLH PLWNRVWEDUHP/HGHUEHU]RJHQH3OlWWH,KUH6WLPPHNODQJZLH(LVDOVVLHVDJWH ³,UJHUZLHODQJHNHQQHQZLUXQV"´ (U ]XFNWH PLW GHQ 6FKXOWHUQ ]RJ HLQH ODQJH =LJDUHWWH PLW VLOEHUQHP 0XQGVWFN DXVGHU7DVFKHXQGEOLFNWH(VKUDIUDJHQGDQ6LHQLFNWHNDXPPHUNOLFKXQGHU]QGHWH VLFKGLH=LJDUHWWHDQ ³=LHPOLFKODQJH(VVLQG-DKUHJODXEHLFK´VDJWHHU $XFKVHLQHP0LHQHQVSLHOZDUQLFKW]XHQWQHKPHQZDVHUZLUNOLFKGDFKWHQRFK ZDVHUIU9HUGDFKWVPRPHQWHJHK|UWRGHUEHZLHVHQEHNRPPHQKDWWH ³,FKVHW]HYRUDXVGD6LHJODXEHQGDLFKNHLQHVROFKH6FKXUNHUHLLQV]HQLHUHQ NDQQ´VDJWH(VKUDOHLVH³,FKZHUGH,KQHQVDJHQZDVLFKVRHEHQYHUDQODWKDEH´ (UKREIUDJHQGGLH%UDXHQXQGVHLQH)LQJHUVFKLHQHQHWZDVXQUXKLJGHQQGLH $VFKHGHU=LJDUHWWHILHODXIGHQ7HSSLFK ³-D"´ ³,FKKDEHHLQHQ)LOPGDV2ULJLQDOVRJDUXQGLFKKDEHIHUQHUHLQ7RQEDQGGDV YRQ PHLQHU KDXVHLJHQHQ $EWHLOXQJ JHSUIW XQG IU HFKW EHIXQGHQ ZRUGHQ LVW DQ GLH 1DFKULFKWHQDJHQWXUHQ ZHLWHUJHJHEHQ 6RJDU DQ 7HUUD3UHVV,QWHUVWHOODU $XI GLHVHP %DQG VDPW GHP )LOP LVW DXVJHVSURFKHQ GHXWOLFK ]X VHKHQ XQG ]X K|UHQ GD *D\DU 1¶(GXGWXQG'D9HUUDSODQHQPLFKDE]XVHW]HQXQGQ|WLJHQIDOOVDXIXQDXIIlOOLJH:HLVH ]X HUPRUGHQ 'LHVH ,QIRUPDWLRQHQ ZHUGHQ LQ ZHQLJHQ 6HNXQGHQ EHU JDQ] 5XG\Q YHUEUHLWHWVHLQHLQLJH=HLWVSlWHUEHUGLH*UHQ]HQGLHVHV6\VWHPVKLQDXVXQGDXIGHQ 3ODQHWHQXQVHUHUHLQXQGGUHLLJ9HUWUDJVZHOWHQXQGQRFKPDOVHLQLJH=HLWVSlWHUVRJDU DXI3HUU\5KRGDQVHLJHQHP3ODQHWHQ²DXI7HUUD:LHJHIlOOW,KQHQGDV,UJHU"´ 0DQ\WH\OVDJWHZDKUKHLWVJHWUHX ³'DVJHIlOOWPLUEHUKDXSWQLFKW0\ODG\:DUGDVZLUNOLFKQRWZHQGLJ"´ 6LHIHJWHPLWHLQHUEUVNHQ+DQGEHZHJXQJHLQH5RVHYRP7LVFK ³1RWZHQGLJYLHOOHLFKWQLFKW¶VDJWHVLHXQGVWDUUWHLKQEHUGLH%UHLWHGHV=LPPHUV

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

KLQZHJDQ³$EHUVHKUHIIHNWYROO´ ,UJHUQLFNWHXQGEHPHUNWHVDUNDVWLVFK ³'DV]ZHLIHOVIUHL8QGZHPVFKLHEHQ6LHGHQ0RUGLQGLH6FKXKH0\ODG\"´ 6LH]XFNWHPLWGHQ6FKXOWHUQXQGHQWJHJQHWH ³,FK ZHL HV QLFKW $EHU DXI DOOH )lOOH ZLUG MHW]W HLQLJHV LQ %HZHJXQJ NRPPHQ :LU VLQG DOOH NHLQH ZHLJHZDVFKHQHQ /lPPHU ,UJHU DEHU HV JLEW *UHQ]HQ IU .RUUXSWLRQ XQG GDIU GD VLFK HLQ MXQJHU 6WDDW YRQ LQQHQ KHUDXV VHOEVW ]HUVW|UW ,FK IUDJH 6LH RE 6LH VLFK LQ GHU /DJH IKOHQ GLH 6FKXOGLJHQ DP 7RG GHV 0DQQHV YRP %ODXHQ6\VWHP]XILQGHQ"´ (UVDJWHOHLVH ³0HLQH2UJDQLVDWLRQZLUGLKUP|JOLFKVWHVWXQ0\ODG\´ 6LHIXKUIRUWXQEDUPKHU]LJXQGMHGHV:RUWDXVNRVWHQG ³9LHOOHLFKWLVW,KQHQEHNDQQWGDLFKQLFKWJDQ]KLOIORVGDVWHKH,UJHU,FKJHQLHH JURH6\PSDWKLHQEHLGHU%HY|ONHUXQJDOOHU3ODQHWHQGHU=HQWUDOJDODNWLVFKHQ8QLRQ (V LVW IU PLFK QLFKW VFKZHU HLQH :HOOH YRQ ,QIRUPDWLRQHQ XQG 0HLQXQJHQ DXV]XVWUHXHQGLHGDVJHVDPWH6\VWHPOlKPWXQGHUVFKWWHUW ,FKNHQQH'XW]HQGHYRQ2IIL]LHUHQGHUUHJXOlUHQ)ORWWH6LHVLQGLP=ZHLIHOVIDOO DXI PHLQHU 6HLWH²XQG 6LH VHOEVW ZLVVHQ ZLH ZHQLJ 6FKLIIH ZLU LQ :LUNOLFKNHLW KDEHQ 'UHL 9LHUWHO XQVHUHU NOHLQHQ )ORWWH ZUGHQ GDQQ VR KDQGHOQ ZLH GLH 2IIL]LHUH HV IU ULFKWLJ KDOWHQ²XQG GLHVH 2IIL]LHUH YHUJ|WWHUQ PLFK :LH EHXUWHLOHQ 6LH MHW]W GLH /DJH ,UJHU0DQ\WH\O"´ 'HU VFKODQNH 0DQQ OlFKHOWH JHZLQQHQG GUHKWH GLH $VFKH VHLQHU =LJDUHWWH DE XQGJLQJZLHGHU]XUFN]XGHP%LOGYRUGHPHUHEHQJHVWDQGHQKDWWH ³,FK EHXUWHLOH GHQNH LFK GLH $QJHOHJHQKHLW UHDOLVWLVFK´ VDJWH HU ³0HLQH 2UJDQLVDWLRQZLUGDOOHVGDUDQVHW]HQGHQ0|UGHU]XILQGHQ´ ,KQXQWHUEUDFKHLQ6XPPHU (VKUDGUFNWHDXIHLQHQ.QRSIXQGVDJWHXQZLOOLJ ³-D"´ ³9RU GUHLLJ 6HNXQGHQ EUDFKWH HLQ %RWH JHJHQ %DU]DKOXQJ HLQ 3DNHW (V KDW XQVHU %UR HLQWDXVHQG (LQKHLWHQ JHNRVWHW ,FK KDEH GHQ %RWHQ QDWUOLFK YHUIROJHQ ODVVHQ'DUILFKKHUHLQNRPPHQXQG,KQHQ]HLJHQZDVGHU%RWHEUDFKWH"´ (VKUDEHJDQQ ³+DWHVPLW5HWPRU´ ³-D(VKDQGHOWVLFKGDUXP´VDJWH-HUL ³.RPPHQ6LHKHUHLQ´VDJWHGLH0\ODG\ 'DV 0lGFKHQ NDP KHUHLQ EOLHE QHEHQ GHU 7U VWHKHQ XQG GUFNWH HLQH KDOE KDQGJURH 3ODWWH LQ GHU 1lKH GHV 7UUDKPHQV LQ GLH :DQG (LQ KHOOHV XQDXIIlOOLJHV 6XPPHQ HUW|QWH $XV GHU :DQG IDOWHWH VLFK HLQH 7LVFKSODWWH KHUDXV VWDELOLVLHUWH VLFK DXI $QWLJUDYSURMHNWRUHQ XQG VFKZHEWH LQ GLH 0LWWH GHV 5DXPHV 'RUW EOLHE VLH XQYHUUFNEDU VWHKHQ -HUL NDP KHUHLQ XQG VFKWWHWH GHQ ,QKDOW GHV IODFKHQ LQ KDQGHOVEOLFKHV 3ODVWLN HLQJHVFKODJHQHQ 3DNHWHV DXI GHQ 7LVFK (LQH 5HLKH YRQ VFKZDU]ZHLHQ%LOGHUQGUHLGLPHQVLRQDOXQGHLQHNOHLQH%DQGNDVVHWWHILHOHQKHUDXV ³-HPDQGVFKHLQW6LH]XOLHEHQ0\ODG\(UEULQJW,KQHQ,QIRUPDWLRQHQ 6LHNRQWHUWH ³$XFK 0RUG DOV 0LWWHO GHU ,QQHQ XQG $XHQSROLWLN LVW QHX LQ XQVHUHP 6WDDW $XHUGHPZLVVHQ6LHJHQDXZLHEHOLHEWLFKELQ²LP*HJHQVDW]]XJHZLVVHQDQGHUHQ

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

0HQVFKHQ´ 'HXWOLFKJHODQJZHLOWHUZLGHUWHGHU&KHIGHV.DONXODWLRQVNRPPDQGRV ³6SLHOHQ 6LH ELWWH QLFKW DXI PHLQ VFKZLHULJHV $PW XQG GLH GDPLW YHUEXQGHQHQ )UXVWUDWLRQHQDQ,FKZHLZDVLFKZHUWELQXQGZDVLFKZLUNOLFKJHOWH:DVKDEHQZLU KLHU"´ -HUL KDWWH GLH .DVVHWWH LQ HLQHQ 5HFRUGHU HLQJHVSDQQW XQG ZDUWHWH GHQ VFKODQNHQ=HLJHILQJHUDXIGHP6FKDOWHU ³:LUKDEHQGHQNHLFKHLQHOFNHQORVH%HZHLVNHWWH´ 7HQHVVH\ 1DLF GLH GHQ ,QKDOW GHV IODFKHQ 3DNHWHV ]XHUVW JHVHKHQ XQG GXUFKJHVFKDXW KDWWH ZXWH JHQDX GD GLHVPDO ZHGHU GLH 8QLWHG 6WDUV 2UJDQLVDWLRQ QRFKGLH6RODUH$EZHKUIUGDV0DWHULDOYHUDQWZRUWOLFK]HLFKQHWHQ(WZDVDQGHUHVZDU HVEHLGHPHUVWHQ%ORFNGHU,QIRUPDWLRQHQ²7HQHVVH\PXWHHVZLVVHQGHQQVLHZDU GHU 9HUELQGXQJVPDQQ ]X GLHVHQ EHLGHQ 2UJDQLVDWLRQHQ 6LH VHOEVW ZDU DP PHLVWHQ EHUUDVFKW DOV GLH ,QIRUPDWLRQHQ KLHU HLQWUDIHQ $OVR KDWWH HLQ 8QEHNDQQWHU (VKUD GLHVHV3DNHW]XJHVSLHOW(VZDUHQ%LOGHUGLHMHQHGUHL0lQQHU]HLJWHQGHUHQ1DPHQ VFKRQ HLQPDO DQ GLHVHP 7DJ ODXW DXVJHVSURFKHQ ZRUGHQ ZDUHQ 6LH ]HLJWHQ GLH .DOIDNWRUHQ LP *HVSUlFK PLW HLQHP %RWHQ GLHVHQ %RWHQ VHLQHUVHLWV ZLHGHU LQ HLQHU HQWVSUHFKHQGHQ 8PJHEXQJ 6FKOLHOLFK VDK PDQ GHQ 0|UGHU GHU GLH :DIIH LQ GHQ +lQGHQKLHOW $OV 7HQHVVH\ GLH 7DVWH GHV 6SUHFKJHUlWHV GUFNWH K|UWH VLH GHXWOLFK DXV GHP 3ULYDWUDXP(VKUDVGLHYHUVFKLHGHQHQ6WLPPHQ 6LHPXUPHOWH ³'LH,QIRUPDWLRQHQVLQGOFNHQORV(VVLQGWDWVlFKOLFKGLHGUHL´ 6LHNRQ]HQWULHUWHVLFKVFKZLHJXQGK|UWH]X ³$XVVFKQLWWH´ (V ZDUHQ $XVVFKQLWWH YRQ YHUVFKLHGHQHQ 8QWHUKDOWXQJHQ $XV GHQ JHZHFKVHOWHQ :RUWHQ JLQJ ]LHPOLFK HLQGHXWLJ KHUYRU GD GLH 0HOGXQJ EHU GLH EHDEVLFKWLJWH/DQGXQJGHV$NRQHQGLHGUHL.DOIDNWRUHQDXIJHVW|UWKDWWH6LHWUDIHQVLFK XQGEHVFKORVVHQGLHMXQJH)UDX]XW|WHQ $OV VLH GHQ .RQWDNWPDQQ WUDIHQ EHVWlWLJWH HU LKQHQ GD HV QLHPDQGHQ DXI 5XG\Q JlEH GHU DXI (VKUD <WURP\Q VFKLHHQ ZUGH QRFK MHPDQGHQ GHU HV ZDJHQ ZUGH VLH ]X YHUJLIWHQ RGHU VLH DXI HLQH DQGHUH $UW XPV /HEHQ ]X EULQJHQ $OVR EHVFKORVVHQ6LHGHQ$NRQHQ]XHUPRUGHQ 'DIU VDJWH GHU .RQWDNWPDQQ XQEHZHJWHQ *HVLFKWHV ZUGH VLFK RKQH =ZHLIHO MHPDQGILQGHQ6FKRQIU]ZDQ]LJWDXVHQG(LQKHLWHQNRQQWHPDQLKQNDXIHQ *HOGXQG=XVLFKHUXQJZHFKVHOWHQ 6FKOLHOLFKVDJWH3RO'D9HUUDGHXWOLFK ³0HUNHQ 6LH VLFK²IDOOV DXFK QXU GHU JHULQJVWH 6FKDWWHQ DXI XQV IDOOHQ VROOWH ZHUGHQZLUQLFKW]|JHUQ,UJHU0DQ\WH\OXQGVHLQH.DONXODWRUHQDXI6LHXQGGHQ0DQQ GHU6LHZLVVHQVFKRQ]XKHW]HQ´ 7HQHVVH\ VFKDOWHWH DE VLH KDWWH JHQXJ JHK|UW 'DV ZDU RKQH =ZHLIHO QLFKW GLH $UEHLWGHU7HUUDQHU $XINHLQHQ)DOO 6LH GUHKWH LKUHQ 6HVVHO XQG PDFKWH VLFK ZLHGHU DQ GLH DQGHUHQ $UEHLWHQ 6LH K|UWHXQGVDKQLFKWPHKUZLHVLFK(VKUDXQG,UJHUDQVWDUUWHQ (VKUDVDJWH

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

³7HQHVVH\1DLFKDW'XSOLNDWHGHU%LOGHUDQJHIHUWLJW´ -HULXQWHUEUDFKXQGIOVWHUWH ³6LHVLQGEHUHLWVLP6DIH0\ODG\´ (VKUDOlFKHOWHLKUNQDSS]XXQGVSUDFKZHLWHU ³8QG VRHEHQ LVW HLQ .RQWDNWDE]XJ GHV %DQGHV DQJHIHUWLJW ZRUGHQ ,UJHU 6LH GUIHQ GDV 0DWHULDO PLWQHKPHQ ,FK JHEH ,KQHQ JHQDX KXQGHUW]ZDQ]LJ 6WXQGHQ =HLW XP 5XKH ]X VFKDIIHQ 'LH 0LWWHO XQG GLH $UW XQG :HLVH ZLH GLHV JHVFKHKHQ VROO EHUODVVH LFK JHUQ ,KQHQ +DEHQ 6LH QDFK GLHVHU )ULVW QLFKW ]X PHLQHU =XIULHGHQKHLW JHKDQGHOW GDQQ EHUJHEH LFK GDV 0DWHULDO HEHQIDOOV GHU 3UHVVH²DEHU HLQHU $JHQWXU GLH6LHQLFKWXQWHUGUFNHQN|QQHQ6LHKDEHQEHJULIIHQ"´ ,UJHUQLFNWHXQGVDJWH ³)UHLQHWUDXHUQGH%UDXWVFKHLQHQ6LH0\ODG\UHFKWHQHUJLVFK]XVHLQ´ ,KU*HVLFKWZDUHLQHKDUWH0DVNH6LHVDJWHYROOHU9HUDFKWXQJ ³,FKELQ]XU(KUOLFKNHLWLQPHLQHU$PWVIKUXQJYHUSIOLFKWHWDEHUQLFKWGD]X,KQHQ JHJHQEHUPHLQH6HHOH]XRIIHQEDUHQ´ ,UJHU YHUEHXJWH VLFK XQG QDKP GDV 0DWHULDO DQ VLFK (U YHUOLH GHQ 5DXP XQG VDJWHLQGHURIIHQHQ7U ³+DW,KQHQ0\ODG\VFKRQMHPDQGEHVWlWLJWGD6LHHLQH6HHOHKDEHQ"´ +LQWHULKPVFKORVLFKGLH7U .DXPKDWWHHUGHQ5DXPYHUODVVHQVDQN(VKUDDXIGHQ6HVVHOQLHGHUEHGHFNWH GDV*HVLFKWPLWGHQ+lQGHQXQGVFKZLHJ:LHGHUHUW|QWHGHU6XPPHU ³7HQHVVH\"´IUDJWH-HUL (LQ ULHVLJHU 6FKLUP GHU ELVKHU LQ GHU :DQG YHUERUJHQ ZDU XQG GLH 0DVHUXQJ NODVVLVFKEHDUEHLWHWHQ+RO]HVJH]HLJWKDWWHIODPPWHDXI7HQHVVH\1DLFVDJWH ³0\ODG\6LHKDEHQGLHXQJHWHLOWH6\PSDWKLHGHV9RONHV,QDOOHQHLQXQGGUHLLJ 6RQQHQV\VWHPHQ´ 1RFKLPPHUVWDQGGLH.DOIDNWRULQXQWHUGHP6FKRFNGHV(UOHEWHQ6LHYHUVXFKWH IU VLFK DE]XPHVVHQ RE LKU HKUJHL]LJHU 9HUVXFK DQ GLH 6SLW]H GHV 6WDDWHV ]X NRPPHQOHW]WHQ(QGHVQLFKWGRFK,UUZLW]JHZHVHQZDU %LVKHUKDWWHVLHPLWHLQHU$XVQDKPHGHQQDXFKVLHZDUGDUDQLQWHUHVVLHUWGD VLFKP|JOLFKVWYLHOH:HOWHQDVVR]LLHUWHQLKUHQ:HJJHKHQN|QQHQRKQHLQ9HUEUHFKHQ YHUZLFNHOW ]X ZHUGHQ RGHU VLFK GHU 0LWZLVVHUVFKDIW DQ VROFKHQ 9HUEUHFKHQ VFKXOGLJ JHPDFKW ]X KDEHQ 0LW HLQHU $XVQDKPH +HXWH XQG MHW]W EHGDXHUWH VLH GLHVH $XVQDKPH 6LHZDUXQVFKOVVLJ ³:DVVROOLFKWXQ"´IUDJWHVLHVLFKODXWZlKUHQGVLHGLH%LOGHUEHWUDFKWHWHXQGGLH .RPPHQWDUHGHU6SUHFKHUµPLWDQK|UWHhEHUDOO EUDFKHQVSRQWDQH.XQGJHEXQJHQDXV GLH ]X LKUHQ *XQVWHQ ZDUHQ 'LH 0HQVFKHQ EHNODJWHQ PLW LKU GHQ 7RG GHV $NRQHQ *HVFKLFNWH ,QWHUYLHZHU YHUPRFKWHQ GLH (QWWlXVFKXQJ GHU 0DVVHQ QRFK GHXWOLFKHU ]X PDFKHQ 6LH GLFKWHWHQ (VKUD HLQH 5ROOH DQ GLH VLH QLFKW VSLHOHQ ZROOWH XQG QLFKW VSLHOWH²GLH5ROOHGHULP6FKPHU]HUVWDUUWHQWUlQHQORVHQ)UDX 6FKOLHOLFKDOVGLH%LOGHU]XWXUEXOHQWZXUGHQVFKDOWHWH-HULGHQ6FKLUPDEXQG VDJWHOHLVH ³0\ODG\´ ³-D"´ ³6LH VHKHQ GD GLH 6\PSDWKLH XQ]lKOLJHU 0HQVFKHQ ,KQHQ JHK|UW $EJHVHKHQ

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

YRQGHPSROLWLVFKHQ(UIROJLVWHVIU6LHVHOEVWDOV0HQVFKDOV%HZRKQHU5XG\QVHLQ (UIROJ6LHVROOWHQGDUEHUIURKVHLQ´ ³,FKELQHVDXFK-HUL´VDJWH(VKUD³$EHULFKIUDJHPLFKREGLH3RVLWLRQGLHLFK KDEHGLHVDOOHVZHUWLVW´ ³$XIGLHVH)UDJHNDQQLFK,KQHQNHLQH$QWZRUWJHEHQ´PHLQWHGDV0lGFKHQ 1RFK ZlKUHQG VLH DXI GHQ 1DFKKDOO GHU /DXWVSUHFKHUVWLPPHQ KRUFKWH HUW|QWH ZLHGHUXPGHU6XPPHU7HQHVVH\VDJWHRKQHDQJHUXIHQZRUGHQ]XVHLQ ³&RUN9ROWDUDZLOO6LHXQEHGLQJWVSUHFKHQ0\ODG\´ (VKUDZLQNWHGHP0lGFKHQ]XOlFKHOWHOHLFKWXQGVDJWH ³6WHOOHQ6LHGXUFK$XIGHQJURHQ6FKLUPELWWH²HVLVWJXWPLWHLQHP0DQQ]X VSUHFKHQGHUPLFKVRJXWNHQQWZLHHU´ %OLW]DUWLJHUKHOOWHVLFKGHU6FKLUP 'DV%LOG]HLJWHGHQ2EHUN|USHUHLQHV0DQQHVYRQUXQGDFKW]LJ-DKUHQ(UKDWWH GHQ .RSI XQG GDV *HVLFKW HLQHV YHUZHJHQHQ $EHQWHXUHUV /DQJHV HUJUDXWHV +DDU ZXFKVWLHILQGHQ1DFNHQXQGODJDQEHLGHQ6HLWHQGHV.RSIHVLQNOHLQHQ:HOOHQEHU GHQ2KUHQ&RUN]ZLQNHUWHXQGVDJWHPLWHLQHUWLHIHQ%DVWLPPH ³0HLQ .OHLQHV²HEHQ KDEH LFK JHK|UW ZDV SDVVLHUW LVW ,VW GDV ZDKU" 2GHU QXU HLQ*HUFKW"´ &RUN ZDU GHU .RPPDQGDQW HLQHV 'ULWWHOV GHU RIIL]LHOOHQ )ORWWH GHV NOHLQHQ ,PSHULXPV (U EHIHKOLJWH GLH VFKZHUVWHQ (LQKHLWHQ 1RFK QLHPDOV LQ LKUHP /HEHQ DEJHVHKHQYRQLKUHP9DWHUKDWWH(VKUD<WURP\QHLQHQ0DQQPLWGLHVHPKRKHQ0D DQ ,QWHJULWlW NHQQHQJHOHUQW ZLH HEHQ MHQHQ &RUN 9ROWDUD 6LH OLHEWH LKQ ZLH HLQHQ %UXGHU)ULKQZDUVLHVHLQHMXQJHVWHWVJHIlKUGHWH6FKZHVWHU 6LHVDJWHOHLVH ³-D &RUN (V LVW ULFKWLJ 9HUPXWOLFK KDEHQ GUHL PHLQHU QHWWHQ .ROOHJHQ 5HWPRU DXIGHP*HZLVVHQ´ (U]ZLQNHUWHVLHPLWVWUDKOHQGEODXHQ$XJHQXQWHUJHZDOWLJHQEXVFKLJHQ%UDXHQ DQXQGIUDJWH 'XKDVWLKQJHOLHEW"1HLQ"´ 6LHVFKWWHOWHGHQ.RSIXQGDQWZRUWHWH ³:lUHHUVRJHZHVHQZLHHUHLQLJH6HNXQGHQYRUVHLQHP7RGZDUKlWWHLFKLKQ OLHEHQPVVHQ(UVWDUEVFKQHOO´ &RUN ]XSIWH DP 2KU GDQQ GUHKWH HU HLQH 6WUlKQH VHLQHV +DDUHV VSLW] ]X XQG VDJWHQDFKNXU]HUhEHUOHJXQJ ³:LU VLQG KLHU LP $OO 'RUW XQWHQ DXI 5XG\Q VFKHLQHQ DOOH YHUUFNW JHZRUGHQ ]X VHLQ,FKVHKHHVIROJHQGHUPDHQ :HQQGLH7HUURUDNWHJHJHQ7HUUDZHLWHUJHKHQZHQQGLH/DJHEHLHXFKZHLWHUKLQ XQVWDELOHU YRQ 7DJ ]X 7DJ ZLUG ZHQQ LKU .DOIDNWRUHQ HXFK XQWHUHLQDQGHU XPEULQJW ZHUGHQ ZLU LQ HLQLJHQ 7DJHQ GLH WHUUDQLVFKH )ORWWH GLH )ORWWH GLHVHU $UNRQLGHQ XQG DQGHUH (LQKHLWHQ KLHU KDEHQ 'DQQ KDW GLH =*8 DXIJHK|UW ]X H[LVWLHUHQ ,FK ZHUGH YRUVFKODJHQGDHLQH*UXSSHQHXWUDOHU0lQQHUYHUVXFKW2UGQXQJ]XVFKDIIHQ%LVWGX LQ/HEHQVJHIDKU"´ (VKUD VFKZLHJ $Q LKUHU 6WHOOH VDJWH -HUL GHXWOLFK PLW LKUHU KHOOHQ MXQJHQ 6WLPPH ³-D&RUN,FKJODXEHVLHLVWLQ/HEHQVJHIDKU´ 9ROWDUDVDJWH

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

³,QUXQGHLQKXQGHUW6WXQGHQZHUGHLFKJHKDQGHOWKDEHQPHLQ.OHLQHV%LVGDKLQ KRIIHLFK-HULGDLKU0lGFKHQGHQ7XUPQLFKWYHUODW,FKZHUGHWXQZDVLFKNDQQ² LFK ZHUGH KHOIHQ 8QG ZHQQ LFK PHUNH GD GLH 0lQQHU GLH ZLU JHZlKOW KDEHQ LKUH 0DFKWPLEUDXFKHQVFKDOWHLFKHQWZHGHUGLH)ORWWHHLQRGHU]LHKHPHLQHSHUV|QOLFKHQ .RQVHTXHQ]HQ´ (UVFKZLHJXQGOlFKHOWH(VKUD]X ³8QG ZHQQ GX HWZDV EUDXFKVW²GX NHQQVW GLH )ORWWHQZHOOH +DEW LKU GLHVHQ OlFKHOQGHQ3RO\SHQVFKRQDODUPLHUW"´ (UPHLQWH,UJHU ³-D(UYHUVSUDFKVLFKXPDOOHV]XNPPHUQ´ 'HU )ORWWHQDGPLUDO QLFNWH GHQ 0lGFKHQ ]X ]ZLQNHUWH QRFK HLQPDO XQG VDJWH HWZDV PLW VHLQHU %DVWLPPH 'DQQ VFKDOWHWH HU VLFK DXV GHU 9HUELQGXQJ DXV XQG EHJDQQVHLQHUVHLWV*HVSUlFKH]XIKUHQ 'LHOHW]WHQEHLGHQ*HVSUlFKHIKUWHHUPLWIROJHQGHQ0lQQHUQ 0LWGHP5HHGHU%DVLOLXV.DWDQ]DU\GHV 8QGPLWGHP,PSRUWNDXIPDQQ+ROJHU9HFWRU3LOJUHP *DQ] LP *HJHQVDW] ]X VHLQHP SUXQNYROOHQ 1DPHQ ZDU %DVLOLXV HLQ 0DQQ GHU DPIUKHQ0RUJHQLQVJHVDPWHLQKXQGHUWVHFK]LJ=HQWLPHWHUJURZDU$P$EHQGZHQQ GLH6FKLHQHQ]ZLVFKHQGHQ:LUEHOQGHU:LUEHOVlXOH]XVDPPHQJHSUHWZDUHQPDHU GUHL=HQWLPHWHUZHQLJHU²ZDVLKQVHKUVW|UWH (U KDWWH HLQ 9HUP|JHQ IU 3KRWRJUDSKHQ DXVJHJHEHQ (U NDXIWH LKQHQ DOOH $XIQDKPHQ DE GLH LKQ QLFKW²JUR²LP 9RUGHUJUXQG HLQHV 5DXPKDIHQV XQG HLQHV VHLQHU YLHOHQ 6FKLIIH²NOHLQ²LP +LQWHUJUXQG ]HLJWHQ (V JDE ELV DXI ZHQLJH $XIQDKPHQGLHVLFKQLHPDQG]XYHU|IIHQWOLFKHQWUDXWHNHLQHDQGHUHQ%LOGHUYRQLKP ,QVHLQHP=RUQZDUHUIUFKWHUOLFKXQGHEHQVRHUVWDXQOLFKZLHGDQQVHLQH/DXWVWlUNH DQVFKZROO VHLQH UDIILQLHUWHQ *HGDQNHQ XQG hEHUOHJXQJHQ XQG :LQNHO]JH ]X ZLUNHQ EHJDQQHQ²HEHQVRHUVWDXQOLFKZLUNWH%DVLOLXVZHQQHUHWZDVGXUFKVHW]HQZROOWH 0LW5XG\QXQGDOOHQDVVR]LLHUWHQ:HOWHQKDWWHHUHLQ9HUP|JHQYHUGLHQW (LQ]ZHLWHV9HUP|JHQKDWWHHU²DXIHLQHP1XUQPHUQNRQWREHL+RPHU*$GDPV SULYDWHU 3ULYDWEDQNHUZRUEHQ ZHLO HU VlPWOLFKH ,QIRUPDWLRQHQ EHU :DIIHQWUDQVSRUWH 0XQLWLRQ XQG lKQOLFKHV WDNWLVFKHV *HUlW GDV VHLQH 6FKLIIH YRQ LUJHQGZR KHU QDFK 5XG\QRGHUDXI:HOWHQGHU=*8WUDQVSRUWLHUWHQDQGLH862ZHLWHUJDE (LQ GULWWHV 9HUP|JHQ HUZDUE HU VLFK EHL /RUGDGPLUDO $WODQ VHOEVW DEHU GLHV EHVWDQG QXU LQ HLQHP LPPHQVHQ *XWKDEHQ DQ IUHXQGOLFKHQ *HGDQNHQ ]XYRUNRPPHQGHU +|IOLFKNHLW XQG VHKU JURHP 9HUWUDXHQ 'LHVHV 9HUP|JHQ ZDU LKP VRJHUQHUGLHDQGHUHQ.RQWRDXV]JHDGGLHUWHGDVOLHEVWH $OV&RUN9ROWDUDV$QUXINDPKDQGHOWH%DVLOLXVVRIRUW (UULHI+ROJHU9HFWRU3LOJUHPDQMHQHQ0DQQGHQVLH³3DUDEHO´QDQQWHQZDVLKQ LPPHUQRFKlUJHUWH3DUDEHOODJLP%DGXQGODVGDV:LUWVFKDIWVMRXUQDO'DEHLUDXFKWH HUHLQH=LJDUUH

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

+ROJHU9HFWRU3LOJUHPZDUHLQDXI5XG\QJHERUHQHU0HQVFK (U EHWUDFKWHWH VHLW ODQJHU =HLW GLH 9HUVXFKH GHU .DOIDNWRUHQ HLQHQ 6WDDW LQ GHU *DOD[LV ]X ELOGHQ XQG LKQ VWlQGLJ ]X YHUJU|HUQ PLW WLHIVWHP 0LWUDXHQ +ROJHU ZDU ]ZDUNOXJJHQXJ]XZLVVHQGDYLHOHGHUDVVR]LLHUWHQ:HOWHQWDWVlFKOLFKDXV*UQGHQ GHU SHUV|QOLFKHQ )UHLKHLW 8QDEKlQJLJNHLW XQG 1HXWUDOLWlW XP $XIQDKPH LQ GLHVHQ 6WDDWHQEXQG QDFKJHVXFKW KDWWHQ DEHU HU ZXWH DXFK GD GLHVHU 9RUJDQJ EHVFKOHXQLJWZRUGHQZDU'LH=*8ZDUEPLWDOOHQP|JOLFKHQ0HWKRGHQ ³8QG OHLGHU´ VHXI]WH +ROJHU ZlKUHQG HU LP -RXUQDO ODV XQG JOHLFK]HLWLJ GLH 1DFKULFKWHQK|UWHGLHDXVGHP%LOGVFKLUPNDPHQ³DXFKPLWNULPLQHOOHQ0HWKRGHQ´ =ZHL NOHLQH VFKZHEHQGH 3ODWWIRUPHQ EHIDQGHQ VLFK QHEHQ GHP 5DQG GHV %DGHEHFNHQV$XILKQHQVWDQGHQHLQ%LOGVFKLUPGHULQ%HWULHEZDUXQGHLQHUGHUVLFK MHW]W QDFK GHP *HVSUlFK PLW %DVLOLXV ZLHGHU YHUGXQNHOW KDWWH 'LH 1DFKULFKWHQ GLH +ROJHUK|UWHZDUHQQLFKWDQJHWDQLKQ]XHUIUHXHQ 6DERWDJHDXIDXWDUNHQ3ODQHWHQ 7HUUDIHLQGOLFKH +DQGOXQJHQ XQG HLQH 3UHVVHNDPSDJQH GLH GDV JOHLFKH =LHO KDWWH 'HU0RUGSODQJHJHQHLQH.DOIDNWRULQ 'LH(UPRUGXQJHLQHVKRKHQ*DVWHVDXI5XG\Q]XJOHLFKGHU]XNQIWLJH9HUOREWH YRQ(VKUD<WURP\Q 8QGMHW]WGDV*HVSUlFKPLWGHPDOWHQ$GPLUDO ³'DV LVW ]XYLHO´ VDJWH +ROJHU ZDUI GLH =LJDUUH ZHJ VWLHJ KHUDXV XQG OLH VLFK DEWURFNQHQ(U]RJVLFKVRUJIlOWLJXPWUDQNHWZDVXQG]QGHWHVLFKHLQHQHXH=LJDUUH DQ 'DQQ ULHI HU VHLQHQ )DKUHU VDJWH VHLQHU 6HNUHWlULQ %HVFKHLG XQG OLH VLFK ]X %DVLOLXVIDKUHQ .XU]GDUDXIVDHQEHLGH0lQQHULQGHPJURHQ%URGHV5HHGHUV %DVLOLXVVDJWH ³(VLVWK|FKVWH=HLW)UHXQG+ROJHU´ +ROJHUQLFNWHXQGEHVWlWLJWH ³(VLVWZLUNOLFKK|FKVWH=HLW,FKZXQGHUHPLFKZDUXP7HUUDQRFKLPPHUZDUWHW´ ³:LUVROOWHQQLFKWPHKUZDUWHQVRQGHUQKDQGHOQ´ ³(EHQGHVZHJHQELQLFKKLHU´VDJWH+ROJHU $XFK GLHVH EHLGHQ 0lQQHU JODXEWHQ GLH 5HDNWLRQ YRQ (VKUD <WURP\Q ZlUH EHUVSLHOW 6LH QDKPHQ LKU GLH WUDXHUQGH )UDX QLFKW VR JDQ] DE XQG EHZLHVHQ GDPLW GD VLH ]LHPOLFK JHQDX EHU GLH 3HUVRQ %HVFKHLG ZXWHQ 6FKOLHOLFK ZXUGHQ VLH XQXQWHUEURFKHQ PLW GHQ ,QIRUPDWLRQHQ EHLGHU *HKHLPGLHQVWH YHUVRUJW +ROJHU XQG %DVLOLXVZDUHQ]ZHLGHUHLQIOXUHLFKVWHQ9HUELQGXQJVPlQQHUGHV$UNRQLGHQDXI5XG\Q ³$OVR'LH8QWHUODJHQEHUGHQ0RUGDQGHPDNRQLVFKHQ$GPLUDOVWDPPWHQQLFKW YRQXQV´VWHOOWH+ROJHUIHVW ³1HLQ%LVKHULVWXQEHNDQQWZHUGHU.DOIDNWRULQGLH'DWHQ]XJHVSLHOWKDW´ +ROJHUQLFNWHXQGPDFKWHVLFKHLQH*HGDQNHQQRWL] ³'DQQZLUGLQZHQLJHQ7DJHQ,UJHUPLWVHLQHU2UJDQLVDWLRQ]XVFKODJHQ´ ³-D´VDJWH%DVLOLXVXQGVWULFKVLFKHLQH6WUlKQHVHLQHVJUDXHQ+DDUHVKLQWHUGDV UHFKWH 2KU ]XUFN ³8QG LQ ZHQLJHU 7DJHQ VLQG GLH GUHL YHUDQWZRUWOLFKHQ .DOIDNWRUHQ ]ZHLIHOORVHEHQIDOOVWRW,FKZHWWH´ ³,FK ZHWWH QLFKW GDJHJHQ´ PHLQWH +ROJHU 9HFWRU ³:LU ZHUGHQ MHW]W YHUVXFKHQ

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

HLQHQ 7HUPLQ PLW GHQ DQGHUHQ .DOIDNWRUHQ ]X EHNRPPHQ XQG LKQHQ HPSIHKOHQ VLH VROOWHQLKUHLQWHUQHQ6FKZLHULJNHLWHQLQJU|WHU(LOHO|VHQ´ 1LHPDQG ZXWH LP $XJHQEOLFN JHQDX %HVFKHLG (V VFKLHQ XQGHQNEDU GD GLH .DOIDNWRUHQ SROLWLVFK VR XQNOXJ ZDUHQ XQG IU GLH YLHOHQ 6DERWDJHDNWH YHUDQWZRUWOLFK ]HLFKQHWHQ8QGGDGUHL.DOIDNWRUHQHLQHQ*DVWHUVFKLHHQOLHHQZDU]ZDUP|JOLFK DEHU XQYHUVWlQGOLFK *DE HV KLQWHU GHQ .XOLVVHQ QRFK HLQHQ ZHLWHUHQ XUVLFKWEDUHQ 'UDKW]LHKHU DXI GHVVHQ .RQWR GLHV DOOHV JLQJ" *DE HV MHPDQGHQ GHU VR VHKU QDFK 0DFKW VWUHEWH GD HU QLFKW QXU PRUGHWH XQG ]HUVW|UWH VRQGHUQ DXFK QRFK 8QIULHGHQ DQ]HWWHOWHVRGDVLFKGLH.DOIDNWRUHQXQWHUHLQDQGHUXPEUDFKWHQ"0DQPXQNHOWHMHW]W VFKRQYRQ1HXZDKOHQ +ROJHUVDJWHQDFKHLQHU:HLOH ³(V JLEW IU GLH .DOIDNWRUHQ LP 235$/ NHLQH DQGHUH :DKO 6LH PVVHQ HLQH QHXWUDOH 6WHOOH GDPLW EHDXIWUDJHQ GLHVH 9HUEUHFKHQ ]X XQWHUVXFKHQ XQG GHQ 6FKXOGLJHQ]XILQGHQ'DVZDUHVZDV&RUN9ROWDUDPHLQWHDOVHUXQVDQULHI´ %DVLOLXV VWLPPWH ]X (U ULHI VHLQH 6HNUHWlULQ DQ XQG EDW VLH XQWHU DOOHQ 8PVWlQGHQHLQHQ7HUPLQLP235$/IUVLHEHLGH]XHUELWWHQ =ZHL0LQXWHQVSlWHUZDUGLH1DFKULFKWGD %DVLOLXVVWDQGDXIXQGVFKWWHOWHGLH+DQG+ROJHUV ³,QYLHU7DJHQ²ZLUIDKUHQJHPHLQVDPKLQ"´ ³-D8QGLQGHU=ZLVFKHQ]HLWKDOWHQZLUGLH2KUHQRIIHQ6LQGGLH,QIRUPDWLRQHQ VFKRQEHLXQVHUHQ9HUWUDXHQVOHXWHQ"´ ³,FKGHQNHMD8QGDXHUGHPVWHOOHQVLHHLJHQH8QWHUVXFKXQJHQDQ6LHZHUGHQ NHLQHVZHJVYRQGHU(QWZLFNOXQJEHUUDVFKWVHLQ ³*XW´ %HLGH 0lQQHU DKQWHQ GD GLH (QWZLFNOXQJ DXI 5XG\Q XQG GHQ DQGHUHQ EHWURIIHQHQ3ODQHWHQQRFKQLFKWDP+|KHSXQNWDQJHODQJWZDU,QGHQQlFKVWHQ7DJHQ XQG :RFKHQ ZUGH VLFK GLH *HZDOW HVNDOLHUHQ 6WXIHQZHLVH ZUGHQ 7HUURU XQG 0RUG ZHLWHUVFKUHLWHQXQGGLH=HQWUDOJDODNWLVFKH8QLRQLQHLQHHUQVWH.ULVHVWU]HQGLHHUVWH JURH .ULVH GLHVHV MXQJHQ DQ VLFK JHVXQGHQ 6WDDWHV 9LHOOHLFKW ZUGH GHU 6FKRFN PLWKHOIHQ GLH 'LNWDWXU GHU .RDOLWLRQ ]X PLOGHUQ XQG YLHOOHLFKW JDU DE]XVFKDIIHQ DEHU VLFKHU ZDU QXU HLQHV 7HUUD NRQQWH QLFKW OlQJHU ]XVHKHQ ZLH WHUUDQLVFKHV (LJHQWXP YHUQLFKWHWXQG7HUUDQHUHUPRUGHWZXUGHQ5KRGDQZUGH5XG\QHLQ8OWLPDWXPVWHOOHQ 'LH$OWHUQDWLYHGURKWH(LQ.ULHJ(UZUGH5XG\QUXLQLHUHQXQGYLHOHJXWH$QVlW]HHLQ IUDOOH0DODXVO|VFKHQ6RZHLWGXUIWHPDQHVQLFKWNRPPHQODVVHQ 'LHEHLGHQ0lQQHUYHUDEVFKLHGHWHQVLFKYRQHLQDQGHU6LHEUDXFKWHQNHLQHYLHU 7DJHPHKU]XZDUWHQ

+ROJHU 3LOJUHP VD DQ VHLQHP 6FKUHLEWLVFK ]ZHL 7DJH QDFK GHU 8QWHUKDOWXQJ PLW VHLQHP )UHXQG GHP PlFKWLJHQ 5HHGHU %DVLOLXV :HQQ HU GHQ .RSI KRE GDQQ NRQQWH HU EHU GLH 3ODWWH KLQZHJ GDV 3DQRUDPD GHU 6WDGW *HQ]H] EHZXQGHUQ 6HLQ %UR EHIDQG VLFK DXHUKDOE GHV =HQWUXPV LQ GHU 1lKH GHU /DJHUKDOOHQ GHV 5DXPKDIHQV GHU JHZDOWLJHQ XQWHULUGLVFKHQ $QODJHQ 5HFKWV DP 7LVFK QHEHQ GHP 9LVLSKRQPLWGHQYLHOHQIDUELJHQ.Q|SIHQVWDQGHLQHLQJHVFKDOWHWHU1DFKULFKWHQVFKLUP 3LOJUHP GHU ,PSRUWHXU ODV GLH .XUVDQJDEHQ QDFK XQG PDFKWH VLFK 1RWL]HQ (U

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

YHUGLHQWHQRFKLPPHUJXW 3O|W]OLFKXQWHUEUDFKVLFKGHU6SUHFKHUVWDUUWHEHWURIIHQLQGLH/LQVHQXQGVDJWH ³0HLQH 'DPHQ XQG +HUUHQ LFK XQWHUEUHFKH GLH 6HQGXQJ ZHLO HEHQ HLQH 1DFKULFKWYRQJU|WHUSROLWLVFKHU7UDJZHLWHHLQJHWURIIHQLVW 3RO 'D 9HUUD GHU .DOIDNWRU IU GDV %DXZHVHQ LVW WRW ,FK YHUOHVH GLH $JHQWXUPHOGXQJ $P QHXQWHQ 'H]HPEHU IUK PRUJHQV JHJHQ GUHL 8KU ZXUGH 3RO 'D 9HUUD LP 6HVVHO YRU VHLQHP $UEHLWVWLVFK JHIXQGHQ $P 9RUDEHQG KDWWH HU GDV 3HUVRQDO VHLQHV %URV HQWODVVHQ XQG GHQ )UDXHQ XQG 0lQQHUQ JHVDJW HU EOLHEH QRFK KLHU XP $NWHQ DXI]XDUEHLWHQXQGHLQLJHZLFKWLJH*HVSUlFKH]XIKUHQ (UDUEHLWHWHELVVSlWLQGLH1DFKWKLQHLQXQGHLQHVGHUOHW]WHQ*HVSUlFKHGLHHU YRP'LHQVWDSSDUDWVHLQHV%URVDXVIKUWHZDUGDVPLW,UJHU0DQ\WH\OGHP&KHIGHV .DONXODWLRQVNRPPDQGRV0DQ\WH\OZROOWH]XUFNUXIHQDEHUQLHPDQGPHOGHWHVLFK'DV ZDUJHJHQ]ZHL8KU $OV 0DQ\WH\O GHQ hEHUZDFKXQJVGLHQVW GHV *HElXGHV DODUPLHUWH IDQGHQ GLH 0lQQHU GHQ .DOIDNWRU WRW LQ VHLQHP 6HVVHO (V ZDUHQ NHLQHUOHL 6SXUHQ RGHU 9HUOHW]XQJHQ]XVHKHQGLHDXIHLQHQ.DPSIRGHUHLQHQEHUIDOOVFKOLHHQOLHHQ'HU $PWVDU]W VDJWH HEHQ JHJHQEHU XQVHUHP 5HSRUWHU DXV HU ZUGH²XQEHVFKDGHW GHU 8QWHUVXFKXQJHQ GLH VRHEHQ DQJHODXIHQ VLQG²+HU]VFKODJ ZHJHQ hEHUDUEHLWXQJ GLDJQRVWL]LHUHQ ,UJHU 0DQ\WH\O YHUVLFKHUWH XQV HU ZHUGH DOOHV WXQ IDOOV HV HLQHQ 6FKXOGLJHQ JHEHLKQ]XILQGHQXQGGHU*HUHFKWLJNHLW]X]XIKUHQ 0LW 3RO 'D 9HUUD YHUOLHUW GDV 235$/ XQG GDUEHU KLQDXV JDQ] 5XG\Q XQG GLH =HQWUDOJDODNWLVFKH8QLRQ´ 'HU 6SUHFKHU HUJLQJ VLFK LQ HLQHU NQDSS JHKDOWHQHQ DEHU ]LHPOLFK ODQJHQ 6FKLOGHUXQJGHU9HUGLHQVWHGLHVHV0DQQHV+ROJHUVWUHFNWHGLH+DQGDXVXQGEHZHJWH EHUHLQHP6FKDOWHUGHQ)LQJHUQDFKUHFKWV'HU7RQZXUGHIDVWJDQ]DEJHEOHQGHW ³'DVLVWGHUHUVWH²HLQP\VWHUL|VHU7RG´PXUPHOWHHUEHWURIIHQ (U NRQQWH XQG ZROOWH QLFKW GDUDQ JODXEHQ GD VLFK (VKUD DXI GLHVH :HLVH JHUlFKW KDWWH +ROJHU EOLHE HLQH :HLOH VLW]HQ OHKQWH VLFK ]XUFN XQG EHUOHJWH PLW JHVFKORVVHQHQ $XJHQ (U VDK I|UPOLFK HLQH 0HQJH 5lGHU VLFK GUHKHQ²EHUDOO LQ GHU *DOD[LV VRZHLW VLH YRQ 7HUUD DXV EHVLHGHOW ZDU ZUGHQ MHW]W GLH 1DFKULFKWHQNDQlOH JOKHQ ³:DVLVWGDVQlFKVWH"´IUDJWHHUVLFK

'HU8QIDOOKlWWH(VKUD<WURP\QEHLQDKHGDV/HEHQJHNRVWHW (V ZDU LP 3DUN GHV 235$/ QDFK HLQHU 6LW]XQJ DXI GHU PDQ GLH YHUZRUUHQH LQQHQSROLWLVFKH /DJH EHVSURFKHQ KDWWH XQG EHL GHU ,UJHU 0DQ\WH\O DOV %HREDFKWHU ]XJHJHQJHZHVHQZDU (VKUD KDWWH VLFK JHZHLJHUW DXFK QXU LQ GLH 5LFKWXQJ GHU EHLGHQ .DOIDNWRUHQ ]X VHKHQRIIL]LHOOJDEHVNHLQH%HZHLVHEHLGH0lQQHUOHXJQHWHQDOOHV'LH(UPLWWOXQJHQ OLHIHQKDWWH,UJHU]XYRUODXWXQGGHXWOLFKEHNDQQWJHJHEHQ 1RFKZDUHQ*D\DUXQG1¶(GXGW0LWJOLHGHUGHV235$/ 7DX]LVNR*D\DUNDPDXVHLQHPGHU*HElXGHJLQJVFKQHOODXIHLQHPGHUYLHOHQ

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

YHUVFKOXQJHQ 3DUNZHJH DXI GLH *OHLWHUSLVWH ]X 'RUW ZDUWHWH VHLQ 'LHQVWIDKU]HXJ HLQ PlFKWLJHU KHOOHU *OHLWHU PLW ODXIHQGHQ 0DVFKLQHQ (U VFKZHEWH HLQLJH +DQGEUHLW EHU GHUZHLHQ)OlFKHGHU3LVWH *D\DU JUWH QDFK EHLGHQ 6HLWHQ XQG (VKUD GLH DP 5DQG GHU 3LVWH VSD]LHUWH XQGIULVFKH/XIWVFK|SIWHGUHKWHVLFKXPXQGJLQJ]XUFNLQ5LFKWXQJDXIGDV*HElXGH 'HU *OHLWHUSLORW VSUDQJ DXV GHP :DJHQ |IIQHWH GLH 7U EOLHE VWHKHQ XQG VFKOR GLH 7UDOVVLFK*D\DUJHVHW]WKDWWH 'DQQHVJHVFKDKDOOHVJDQ]SO|W]OLFK .DXP ZDU GDV 6FKOR GHU 7U HLQJHUDVWHW VFKR GHU *OHLWHU PLW DXIKHXOHQGHQ 0DVFKLQHQGDYRQ 'HU 3LORW ZXUGH KHUXPJHZLUEHOW UL GLH +DQG ]XUFN XQG KHFKWHWH VHLWOLFK LQV *UDV'RUWEHUVFKOXJHUVLFKNDPNDW]HQJOHLFKZLHGHUDXIGLH%HLQHXQGEOLHEVWHKHQ (UVWDUUWHVFKUHFNHQVEOHLFKGHPGDYRQUDVHQGHQ*HIlKUWQDFK 'HU *OHLWHU IHJWH ZLH UDVHQG TXHU EHU GLH 3LVWH UDPPWH HLQHQ %HJUHQ]XQJVSIHLOHUXQGZXUGHDEJHOHQNW -HPDQGVFKULHDXI 9RUVLFKW(VKUD´ 'LH MXQJH )UDX EOLHE VWHKHQ DOV VHL VLH JHJHQ HLQ XQVLFKWEDUHV +LQGHUQLV JHSUDOOW 'DQQ GUHKWH VLH VLFK XP ,P JOHLFKHQ $XJHQEOLFN VDK VLH GLH 0DVFKLQH GLH VFKUlJ EHU GHQ 5DVHQ PLW QLFKW ZHQLJHU DOV DFKW]LJ 6WXQGHQNLORPHWHUQ DXI VLH ]XVFKR 6LH ZDUI VLFK UHFKW]HLWLJ ]X %RGHQ VR GD GHU *OHLWHU GHU MHW]W LQ HLQHQ ODQJVDPHQ6WHLJIOXJEHUJLQJGLFKWEHULKUHQ.RSIKLQZHJUDVWH 9RQ EHUDOO KHU UDQQWHQ 0HQVFKHQ KHUEHL 6LFKHUKHLWVEHDPWH VSUDQJHQ LQ LKUH 0DVFKLQHQXQGPDFKWHQVLFKDQGLH9HUIROJXQJGHV*OHLWHUV 'LH 0DVFKLQH KDWWH MHW]W HWZD YLHUKXQGHUW 0HWHU ]XUFNJHOHJW XQG EHIDQG VLFK UXQG]HKQ0HWHUEHUGHP%RGHQ'LH*HVFKZLQGLJNHLWEHWUXJVFKlW]XQJVZHLVHPHKU DOV HLQKXQGHUW]ZDQ]LJ 6WXQGHQNLORPHWHU (LQHU GHU XUDOWHQ %DXPULHVHQ GHV KHUUOLFKHQ 3DUNVVWDQGLP:HJHUZXUGHJHWURIIHQbVWHNUDFKWHQHLQ6FKDXHUYRQ%OlWWHUQXQG HLQ+DJHONOHLQHUVWDFKHOLJHU)UFKWHUDVFKHOWHQ]X%RGHQ'DQQ]XFNWHDXVGHP+HFN GHV )DKU]HXJV HLQH 6WLFKIODPPH 'LH 0DVFKLQHQ ZLPPHUWHQ DXI 'LH )DKUW ZXUGH VFKQHOOHU XQG HLQHQ .LORPHWHU ZHLWHU NUDFKWH GHU *OHLWHU QDFK HLQHP UDVHQGHQ )OXJ JHJHQ HLQH 0DXHU DXV %HWRQ*ODV XQG SODVWLNEHU]RJHQHQ 'HNRUDWLRQVHOVPHUWHQ (LQ NUDFKHQGHU 6FKODJ HLQ %OLW] XQG GDQQ YHUGHFNWHQ DXITXHOOHQGH 5DXFKZRONHQ GLH 6]HQH ,UJHU0DQ\WH\OUDQQWHEHUGHQ5DVHQXQGKDOIGHUMXQJHQ)UDXDXIGLH%HLQH ³'DQNH´ VDJWH (VKUD NKO ³2IIHQVLFKWOLFK HLQ ZHLWHUHU $QVFKODJ DXI PHLQ /HEHQ´ ,UJHU VFKWWHOWH GHQ .RSI XQG GHXWHWH DXI GLH 5DXFKZRONH 'RUWKLQ UDVWHQ GLH )DKU]HXJHGHU5RERWIHXHUZHKUXQGGHU:lFKWHU(LQH5HLKHYRQ([SORVLRQHQHUW|QWH (LQ ZHLJOKHQGHV EH]DFNWHV 0HWDOOVWFN KHXOWH GXUFK GLH /XIW XQG VFKOXJ GXPSI LQ GHQ%RGHQHLQ'LH0HQVFKHQ]XFNWHQ]XVDPPHQ ³'HU $QVFKODJ JDOW QLFKW ,KQHQ 0\ODG\´ VDJWH ,UJHU HUQVW ³$XFK ZHQQ HV VR DXVVDK (U JDOW ]ZHLIHOVIUHL 7DX]LVNR *D\DU 8QG ZLH ZLU VHKHQ LVW GHU $QVFKODJ JHJOFNW²QXUHLQHUGHU0lQQHUGLHIUGHQ0RUGµYHUDQWZRUWOLFKVLQGOHEWQRFK´ (UVFKWWHUWJLQJ(VKUD]XUFN]XP+DXSWJHElXGHGHV235$/ ³:LHODQJHQRFK"´IUDJWHVLHVLFKODXW

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

'LH )UDJHQ ZXUGHQ GULQJHQGHU XQG ]DKOUHLFKHU (UPRUGHWHQ GLH DQGHUHQ .DOIDNWRUHQLKUHHLJHQHQ.ROOHJHQZHLOVLHGHQ6NDQGDOHLQHU$XIGHFNXQJIUFKWHWHQ" 2GHUKDWWHMHQHUILNWLYH8QEHNDQQWHHLQ]ZHLWHV0DO]XJHVFKODJHQ"1LHPDQGZXWHHV DEHUHVJDEGLHZLOGHVWHQ9HUPXWXQJHQ8QGGHUHLJHQH*HKHLPGLHQVWVFKLHQZDVGLH $XINOlUXQJGHU)lOOHEHWUDI]XYHUVDJHQ

:LH DXI IDVW MHGHP DQGHUHQ 3ODQHWHQ GHV .RVPRV GHVVHQ %HZRKQHU GLH 5DXPIDKUW NHQQHQ ZDU DXFK GHU 5DXPKDIHQ YRQ 5XG\Q HLQH 0LVFKXQJ ]ZLVFKHQ ULHVLJHQ %DXZHUNHQ PLW DUURJDQWHQ )RUPHQ XQG )OlFKHQ XQG VFKPXW]LJHQ *HElXGHQ LQGHQHQYHUURWWHWH:DUHQODJHQXQGLQGHQVLFKDOOHUOHL7\SHQKHUXPWULHEHQGLHLQGHU ,QQHQVWDGWELQQHQ6HNXQGHQDXIJHIDOOHQZlUHQ 'LH 3ROL]LVWHQ GLH KLHU 'LHQVW WDWHQ JLQJHQ JUXQGVlW]OLFK QXU ]X GULWW XQG LP 6FKXW]]ZHLHU9LHO]ZHFNURERWV $PVSlWHQ$EHQGGHV]HKQWHQ'H]HPEHUGHV-DKUHVJLQJGLH6WUHLIHZLH PHLVW XP GLHVH =HLW GHQ YHUZLQNHOWHQ :HJ ]ZLVFKHQ HLQHU YHUVFKPXW]WHQ 0DXHU GLH ODQJVDP ]HUILHO XQG HLQHP /DJHUKDXV HQWODQJ +LHU JDE HV VFKlW]XQJVZHLVH GUHLKXQGHUWIODFKH6WXIHQGLHKLQXQWHUIKUWHQ]XP1LYHDXGHU6WUDHGLHUXQGXPGHQ 5DXPKDIHQ IKUWH 'RUW XQWHQ JDE HV *UDV %VFKH XQG %lXPH GRUW JDE HV GHQ ZHLHQ JHULIIHOWHQ .XQVWVWRIIEHODJ GHU GDV /LFKW DXV YLHOHQ 7LHIVWUDKOHUQ UHIOHNWLHUWH +LHUREHQKHUUVFKWHHLQ+DOEGXQNHOGDVQXUYRQGHQ6FKHLQZHUIHUQHUKHOOWZXUGHGLH UHFKWVXQGOLQNVDQGHQ.|SIHQGHU5RERWHUVDHQ 'HU 0DQQ GHU PLW JH]RJHQHU 6FKRFNZDIIH JDQ] UHFKWV JLQJ XQG MHGHVPDO IOXFKWHZHQQHUEHUGHQ$EIDOODXIGHQ6WXIHQVWROSHUWHVDJWHSO|W]OLFK ³(LQJDQ]PLHVHU$EHQGKHXWH´ =ZHL 0HWHU KLQWHU LKP LQ GHU 0LWWH GHU 7UHSSH ZLFK HEHQ GHU ]ZHLWH 3ROL]LVW HLQHP%HWUXQNHQHQDXVXQGHUZLGHUWH]|JHUQG ³6WLPPW,UJHQGZDVOLHJWLQGHU/XIW´ 'LH 5RERWHU VFKDOWHWHQ ZLHGHU GLH 6FKHLQZHUIHU DQ XQG VWUDKOWHQ GLH 7UHSSH DEZlUWV (LQ 6\VWHP SKDQWDVWLVFKHU 6FKDWWHQ ELOGHWH VLFK VHNXQGHQODQJ 'HU GULWWH 3ROL]LVW GHVVHQ $UP LQ VHLQHP 6FKDWWHQELOG IDVW GHQ JHVDPWHQ 5DXP ]ZLVFKHQ GHQ +lXVHUQDXVIOOWHVDJWHODXW ³,UJHQGZDVOLHJWGRUWDXIGHQ6WXIHQ²LP:LQNHO6FKHLQZHUIHUGDUDXI´ (U]RJGLH:DIIHVFKDOWHWHVLHNQDNNHQGHLQXQGOLHIHWZDVVFKQHOOHUGLH6WXIHQ KLQXQWHU 'DQQ ZDU HU EHL GHP JURHQ JHNUPPWHQ %QGHO 'LH 5RERWV VFKZHEWHQ QlKHUXQGIXKUHQLKUH$QWHQQHQDXV ³+H´VDJWHGHU3ROL]LVW³6LHZHUGHQVLFKHUNlOWHQ²KLHUDXI GHQ6WXIHQ*HKHQ 6LHOLHEHULQ,KUHJHKHL]WH+lQJHPDWWH)UHPGHU´ 'HU 0DQQ DXI GHQ 6WXIHQ KDWWH HLQ OlQJOLFKHV EOHLFKHV *HVLFKW XQG UKUWH VLFK QLFKW -HW]W ZDUHQ GLH EHLGHQ DQGHUHQ 0lQQHU KHUDQ XQG JLQJHQ HWZDV ]XU 6HLWH 'LH 0DVFKLQHQULFKWHWHQGLHYLHU6FKHLQZHUIHUDXIGHQYHUNUPPWHQ.|USHU (LQHUVDJWH ³'DYDHULVWWRW´ 'HU3ROL]LVWQLFNWHXQGEUXPPWH ³,FKJODXEHHVDXFK´

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

(U ]RJ GLH +DQGVFKXKH IHVWHU NQLHWH VLFK DXI GLH 6WXIHQ XQG GUHKWH GHQ VFKZHUHQ.|USHUODQJVDPXP(WZDV0HWDOOLVFKHVNUDW]WHEHUGLH7UHSSHQ,PNDONLJ ZHLHQ /LFKW GHU 6FKHLQZHUIHU VDKHQ GLH GUHL 3ROL]LVWHQ LQ GDV *HVLFKW GHV 7RWHQ 8QWHUKDOEGHVOLQNHQ6FKOVVHOEHLQHVVWHFNWHHLQ0HWDOOSIHLO(UVDKDXVZLHHLQODQJHU VLOEHUQHU=HLFKHQVWLIWXQGVFKLHQVHKUWLHIHLQJHGUXQJHQ]XVHLQ'DV*HVLFKWHVZDU EHNDQQWHLQHUGHUGUHL0lQQHUIOVWHUWHHUVFKURFNHQ ³'DVLVWHLQHUGHU.DOIDNWRUHQ´ ³,FKHUNHQQHLKQ²HVLVW*HYULDO1¶(GXGW´ ³,FKZHUGHYHUUFNW´VDJWHGHUGULWWHNODSSWHGLH%UXVWNODSSHGHV5RERWVDXIXQG VWHOOWH HLQH 9HUELQGXQJ PLW GHP +DXSWTXDUWLHU KHU (LQLJH 0LQXWHQ VSlWHU VFKZHEWHQ HLQLJH*OHLWHUKHUDQEXJVLHUWHQYRUVLFKWLJGXUFKGLH6FKOXFKW]ZLVFKHQGHQ*HElXGHQ XQGVFKZHEWHQYRUXQGKLQWHUGHUNOHLQHQ*UXSSH 'LH0HOGXQJYRQGHP7RGGHVGULWWHQ.DOIDNWRUVJLQJQRFKLQGHUVHOEHQ6WXQGH KHUDXV 1LHPDQG ZXWH ZDV 1¶(GXGW KLHU JHVXFKW KDWWH .HLQHU NRQQWH HLQH $QWZRUW GDUDXI ILQGHQ ZLH HV JHVFKHKHQ NRQQWH GD HLQ .DOIDNWRU DXV GHP 235$/ 5XG\QV KLHUKHULQGLHVHPHKUDOVDEJHULVVHQH8PJHEXQJJHNRPPHQZDU -HGHQIDOOV HUJDE GLH 6SXUHQVLFKHUXQJ GD 1¶(GXGW KLHU XQG QLFKW DQ DQGHUHU 6WHOOHPLWHLQHPYHUJLIWHWHQ3IHLOHUPRUGHWZRUGHQZDU 'HUYLHUWH7RWHLQGLHVHU:RFKH ,QGHUJURHQDQJHQHKPNKOHQ6FKOHXVHHUZDUWHWHGHU&KHIGHU,QWHUQ3ROL]HL GLHGUHL%HVXFKHU'HU(SVDOHUHLQ0DQQPLWHLQHPQDKH]XTXDGUDWLVFKHQ.|USHUEDX ZLVFKWH VLFK ]ZHLPDO EHU GHQ NDKOHQ JOlQ]HQGHQ 6FKlGHO 6HLQH $XJHQ IXQNHOWHQ DOVHUDQGLH)ROJHQXQG$XVVLFKWHQGDFKWHGLHGLHVHU%HVXFKPLWVLFKEUDFKWH (UWUDWYRUDOVGLHGUHL0lQQHUGLH+HLPHLKUHU5DXPDQ]JH|IIQHWHQ ³0HLQ 1DPH LVW +DNWRU 0RURPDW ,FK ELQ GHUMHQLJH GHU KLHU HLQ ELFKHQ DXI 2UGQXQJ VLHKW´ VDJWH HU ³6LQFODLU .HQQRQ VFKLFNW PLFK XP 6LH HQWVSUHFKHQG ]X EHJUHQ +DEH LFK GLH (KUH XQG GDV 9HUJQJHQ PLW GHQ GUHL +HUUHQ 6LOXUD .OH XQG *QRPRQ"´ 'LH GUHL +HUUHQ .DOIDNWRUHQ XQG ³JHKHLPH´ $EJHVDQGWH GHV 3ODQHWHQ 5XG\Q YHUEHXJWHQ VLFK DQJHPHVVHQ XQG EHVWlWLJWHQ GD HV VLFK EHL LKQHQ XP GLH .RQWDNWOHXWHLQVWUHQJJHKHLPHP$XIWUDJKDQGHOWH 0RURPDWVDJWHKDOEODXW ³6LHEUDXFKHQ,KUH$Q]JHQLFKWPHKU+LHULVWDOOHVDEJHGLFKWHWIHUQHUKHUUVFKW KLHUGLHQRUPDOH$Q]LHKXQJVNUDIWYRQHLQHPJ´ 'LHYLHU=|SIHVHLQHVURVWURWHQ%DUWHVGLHELV]XP*UWHOUHLFKWHQ]LWWHUWHQDOV ZUGH HLQ LQQHUHV XQK|UEDUHV /DFKHQ GHQ %HVLW]HU GLHVHU +DDUSUDFKW VFKWWHOQ (U ZLQNWH QDFK KLQWHQ XQG GUHL DXVJHVXFKW JXWDXVVHKHQGH 0lGFKHQ GHU (PSIDQJVDEWHLOXQJ NDPHQ KHUEHL IKUWHQ GLH +HUUHQ .OH *QRPRQ XQG 6LOXUD QDFK UHFKWV (LQLJH 0LQXWHQ VSlWHU NDPHQ VLH ZLHGHU ]XUFN 'LH .DOIDNWRUHQ WUXJHQ NOHLQH 'LSORPDWHQPDSSHQEHLVLFK²VRQVWQLFKWV ³.HLQH:DIIHQ"´IUDJWH+DWNRU ³1HLQ´VDJWHHLQHVGHU0lGFKHQ³:LUKDEHQGLH+HUUHQEHUSUIW´

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

³.RPPHQ 6LH ELWWH´ VDJWH GHU &KHI XQG JLQJ YRUDXV ³'LH +HUUHQ .HQQRQ XQG 7HNHQHU VLQG VHOEVWYHUVWlQGOLFK GDUEHU LQIRUPLHUW XP ZHQ XQG XP ZDV HV VLFK KDQGHOW6LHZROOHQQLFKWHQWWlXVFKWZHUGHQ´ 'LHGUHL.DOIDNWRUHQZDUIHQVLFKHUVWDXQWHIDVWHUVFKURFNHQH%OLFNH]X

5RQDOG 7HNHQHU KDWWH GDPDOV DOV HU 6DWLVI\ HLQULFKWHWH HLQHQ QDPKDIWHQ (LQULFKWXQJVSV\FKRORJHQPRQDWHODQJKLHU]X*DVWJHKDEW 'LHVHU 0DQQ YHUZHQGHWH VHLQ JHVDPWHV .|QQHQ GDUDXI GLH ,QQHQHLQULFKWXQJ ]XVDPPHQPLWHLQLJHQ$UFKLWHNWHQVRDE]XVWLPPHQGDGHU$QODJHVFKRQDXVGLHVHP *UXQG HLQ 0D[LPXP DQ (UIROJ VLFKHU ZDU 6HLQ DOOHLQLJHV 0HLVWHUZHUN DEHU ZDU GDV (PSIDQJVEURYRQ.HQQRQXQG7HNHQHU(VZLUNWHVRZLHHVEHDEVLFKWLJWZDU -HPDQG GHU HV VLFK OHLFKW OHLVWHQ NRQQWH HLQHQ $XIWUDJ DE]XOHKQHQ ZHLO HU HUVWHQV JHQJHQG YHUGLHQWH XQG ]ZHLWHQV UHFKW ZlKOHULVFK ZDU HPSILQJ KLHU *HVFKlIWVSDUWQHUGLHLKQXPVWLPPHQZROOWHQ 6FKRQEHLP$QEOLFNGHV%URVQDFKGHPVLHLQGLH$WPRVSKlUHGLHVHV5DXPHV HLQJHWDXFKW ZDUHQ ZLH LQ HLQ SDUIPLHUWHV ZDUPHV %DG GDV VLH HQWVSDQQWH XQG DOOH 9HUNUDPSIXQJHQO|VWHZXWHQGLH.XQGHQGDVLHKLHUQLFKWELOOLJYHUKDQGHOQNRQQWHQ 6RDXFKMHW]W 7HNHQHU XQG .HQQRQ VFKWWHOWHQ GHQ GUHL 0lQQHUQ GLH +lQGH ERWHQ GXUFK HLQ ELOGVFK|QHV 0lGFKHQ *HWUlQNH DQ XQWHUKLHOWHQ VLFK EHU GHQ )OXJ²GHU QXU HLQWDXVHQG/LFKWMDKUH6WUHFNH]XEHUEUFNHQJHKDEWKDWWH²XQGGLH/DQGXQJXQGDOV VFKOLHOLFK+DWNRUVDJWHHUPVVHJHKHQZHLOHUQLFKWIU.RQYHUVDWLRQEH]DKOWZUGH VHW]WHQ VLFK GLH IQI 0lQQHU XP GHQ JURHQ UXQGHQ 7LVFK (V ZDU HLQH VRUJIlOWLJ EHDUEHLWHWH )HOVSODWWH DXV GHU 2EHUIOlFKH GLHVHV $VWHURLGHQ 6LH VFKZHEWH ZLH HLQ GXQNOHU PDVVLYHU 7HOOHU DXI $QWLJUDYIHOGHUQ 1DFKULFKWHQJHUlWH VWDQGHQ GDUDXI DXVHUOHVHQH*HWUlQNHXQGVHKUVFK|QHPXQGJHEODVHQH*OlVHU'LHPRGHUQHQ6HVVHO XP GLH 3ODWWH ZDUHQ .RQVWUXNWLRQHQ GLH DQ %HTXHPOLFKNHLW QLFKWV YHUPLVVHQ OLHHQ 6FKODJDUWLJHQWVSDQQWHQVLFKGLH*HVLFKWHUGHUGUHL%HVXFKHU ³0LVWHU 7HNHQHU´ VDJWH HLQHU GHU 0lQQHU ³LFK ELQ -DQRWK 6LOXUD ,FK ELQ ZHQQ LFK GDV VR IRUPXOLHUHQ GDUI GHU &KHI GLHVHU 0LVVLRQ 9LHOOHLFKW VLQG ,KQHQ GLH 1DPHQ %DVLOLXV.DWDQ]DUG\GHVXQG+ROJHU9HFWRU3LOJUHPEHNDQQW"´ .HQQRQQLFNWHXQGVDJWHOHLVH ³(LQ VHKU UHLFKHU 5HHGHU XQG HLQ VHKU DJLOHU ,PSRUWNDXIPDQQ :LU DUEHLWHWHQ JHOHJHQWOLFKPLWLKQHQ]XVDPPHQ´ 0LWHLQHPYHUELQGOLFKHQ/lFKHOQHUJlQ]WH7HNHQHU ³'DV VLQG VLFKHUOLFK GLH 0lQQHU GLH ,KQHQ PHLQH +HUUHQ .DOIDNWRUHQ QDKHJHOHJWKDEHQVLFKPLWXQVLQ9HUELQGXQJ]XVHW]HQ1XQGDVZDUHLQ(QWVFKOX GHVVHQ .OXJKHLW YHUJOHLFKH LFK GLH OHW]WHQ 9RUIlOOH DXI 5XG\Q GDPLW HUVWDXQOLFK JUR LVW´ 'LHGUHL$EJHVDQGWHQVDKHQHWZDVEHWUHWHQDXVXQGJULIIHQZLHDXI.RPPDQGR QDFKGHQ*OlVHUQ1HEHQLKQHQVWDQGHQGLHNOHLQHQ'LSORPDWHQPDSSHQ .HQQRQV)LQJHUVSLHOWHQPLWGHP5DQGHLQHV$VFKHQEHFKHUV'HU0DQQVDJWH ³,KUHLJHQHU*HKHLPGLHQVWKDWYHUVDJW$QGHUH*URPlFKWHEHLVSLHOVZHLVHGDV 6RODUH,PSHULXPN|QQHQ6LHQLFKWXP+LOIHELWWHQ$NRQZLUGDXFKQLFKWJHUQKHOIHQGD

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

VHLQH *HVDQGWHQ MHZHLOV NXU] QDFK $QNXQIW HUPRUGHW ZXUGHQ²DOVR PXWHQ 6LH ]ZDQJVOlXILJ EHL GHU 8QDEKlQJLJHQ +LOIVRUJDQLVDWLRQ IU %HGUlQJWH ODQGHQ ,FK VHKH PLW)UHXGHQGD6LHJXWJHODQGHWVLQG´ (UOlFKHOWHEUHLW 9LHOHV YRQ GHP ZDV KLHU YHUKDQGHOW ZHUGHQ ZUGH ZDU .HQQRQ XQG 7HNHQHU GXUFK GLH ,QIRUPDWLRQHQ GHU 862 XQG GHU 6RODUHQ $EZHKU EHNDQQW 'D]X NDPHQ GLH ,QIRUPDWLRQHQ GLH YRQ GHQ /HXWHQ GHU ,QWHUQ3ROL]HL DXIJHVFKQDSSW ZRUGHQ ZDUHQ GHUHQ/HLWHUQLFKWHLQPDOZXWHGDVHLQHEHLGHQ&KHIVGHU862DQJHK|UWHQ8QGGHU 5HVW NRQQWH GXUFK HLQIDFKH 6FKOVVH KHUDXVJHIXQGHQ ZHUGHQ 0LW GLHVHU JHEDOOWHQ /DGXQJ DQ :LVVHQ XQG .HQQWQLVVHQ KDWWHQ VLFK .HQQRQ XQG 7HNHQHU YLHOH hEHUUDVFKXQJVHIIHNWHJHVLFKHUW ³(UVWDXQOLFK´VDJWH.HPEUDQWK.OH³6LHVFKHLQHQDOOHV]XZLVVHQ´ 7HNHQHUHUZLGHUWHLURQLVFK ³:LVVHQLVW0DFKWhEULJHQVZLVVHQZLUQLFKWDOOHV:LUZLUNHQNHLQH:XQGHU´ 1RQRV*QRPRQVDJWHQDFKHLQHPEHWUHWHQHQ6FKZHLJHQ ³:LU VLQG XQDXIIlOOLJ JHVWDUWHW :LU KDQGHOQ LP $XIWUDJ DOOHU QRFK OHEHQGHQ .DOIDNWRUHQ'HUXQHUZDUWHWH7RGGHUYHUHKUWHQ.ROOHJHQ*D\DU1¶(GXGWXQG'D9HUUD ]ZDQJXQV]XU9RUVLFKW,FKQHKPHDQ6LHVLQGEHUGLH9RUJlQJHXQGYLHOHVZDVPLW GHP7RGGLHVHUGUHL)UHXQGH]XVDPPHQKlQJWHEHQVRJXWLQIRUPLHUW"´ ³(V VFKHLQW VR´ VDJWH 7HNHQHU K|IOLFK ³$EHU ZLU ZLVVHQ GD 6FKZHLJHQ *ROG LVW ,Q GLHVHP )DOO LVW HV XQVHU 6FKZHLJHQ XQG GDV *ROG :LU ZDUWHQ DXI ,KUH $QJHERWHPHLQH+HUUHQ´ 6LOXUDV.RSIIXKUKRFK(UZDUIHUVW7HNHQHUGDQQ.HQQRQGXUFKERKUHQGH%OLFNH ]X'LHEHLGHQ0lQQHUJDEHQGLH%OLFNHXQEHZHJW]XUFN 7HNHQHU JODXEWH HLQH NXU]H $XINOlUXQJ VFKXOGLJ ]X VHLQ (U EHXJWH VLFK HLQ ZHQLJYRUOHJWHGLH)LQJHUVSLW]HQEHLGHU+lQGHJHJHQHLQDQGHUXQGVDJWHKDOEODXW ³6HKHQ6LHPHLQH+HUUHQ ,FKZHLGD6LHGHVKDOEKHUJHNRPPHQVLQGXPVLFKYRQXQVKHOIHQ]XODVVHQ HKH7HUUDV*HGXOG]X(QGHJHKW 6LHKLQJHJHQZLVVHQGDHVLQGHU*DOD[LVZHLWJHQXJEHNDQQWLVW:LUN|QQHQ VFKZHLJHQ :LU KDEHQ VFKRQ 3URMHNWH ZDKUJHQRPPHQ XQG ]XU =XIULHGHQKHLW XQVHUHU $XIWUDJJHEHU EHHQGHW JHJHQ GDV GLH 6LWXDWLRQ DXI 5XG\Q HLQ .LQGHUVSLHO LVW (V LVW QLFKWVRGDZLUHWZDVYRQ,KQHQZROOHQ²6LHZROOHQHWZDVYRQXQVHUHU)LUPD8QGLQ GLHVHP)DOOJLOWGLH3DUDEHOYRP$QJHERWXQGGHU1DFKIUDJH´ 'LH.DOIDNWRUHQVDKHQVLFKDQXQGQLFNWHQ 'XUFK GLH +lQGH .HQQRQV XQG 7HNHQHUV ZDUHQPHKU SROLWLVFKH ZLUWVFKDIWOLFKH XQG WHLOZHLVH DXFK PLOLWlULVFKH *HKHLPQLVVH JHJDQJHQ DOV MHGHU 0HQVFK DKQHQ NRQQWH1RFKQLHZDUHLQH,QGLVNUHWLRQEHJDQJHQZRUGHQ.HQQRQXQG7HNHQHUNDPHQ KDQGHOWHQ NDVVLHUWHQ XQG JLQJHQ QDFK HUIROJUHLFKHU %HHQGLJXQJ GHV $XIWUDJV 'DV KHLWVLHNDVVLHUWHQYRUKHU .HQQRQIUDJWH ³:DVZROOHQ6LHYRQXQVPHLQH+HUUHQ"´ ³:LU ZROOHQ´ VDJWH *QRPRQ ³GD 6LH XQV KHOIHQ GHQ ZDKUHQ 6FKXOGLJHQ ]X ILQGHQ :LU .DOIDNWRUHQ VLQG EHU]HXJW GD NHLQHU DXV XQVHUHQ 5HLKHQ DQ GHQ WHUUDIHLQGOLFKHQ $NWLRQHQ VFKXOG LVW 8QG QLHPDQG KDW GLH GUHL 0lQQHU HUPRUGHW² QLHPDQGDXVGHP.UHLVGHU.ROOHJHQ,FKJHEH]X´

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

7HNHQHU JULQVWH VFKDOWHWH HLQHQ %LOGZUIHO HLQ XQG VDJWH LQ HQWVFKXOGLJHQGHP 7RQIDOO ³ 6LH JHEHQ ]X GD VLFK LPPHUKLQ GUHL .DOIDNWRUHQ ]XVDPPHQJHVFKORVVHQ KDEHQ XP LKUH HQW]FNHQGH .ROOHJLQ ]X EHVHLWLJHQ +LHU VHKHQ 6LH GDV %HZHLVPDWHULDO´ %LOGHUXQG)LOPHOLHIHQDEHLQHOHLVH6WLPPHVSUDFKHLQHQJHUDIIWHQ.RPPHQWDU 'LH ,QIRUPDWLRQHQ GLH GLH .DOIDNWRUHQ GLH QlFKVWHQ ]HKQ 0LQXWHQ EHU VLFK HUJHKHQ ODVVHQ PXWHQ ZDUHQ VR JXW ZLH OFNHQORV 6LH ZDUHQ ZHLWDXV EHGHXWHQGHU DOV GDV ZDVPDQDXI5XG\QEHUGLHVHQ.RPSOH[ZXWH*QRPRQNHXFKWHHUVFKURFNHQDXIDOV HLQ%LOGGHQ$WWHQWlWHU]HLJWHGHUGLH+DQGVFKXKHLQGHQ%DFKZDUIXQGGDYRQJLQJ *QRPRQIOVWHUWHLQVHLQHQ6HVVHOJHNDXHUW ³:RKHUKDEHQ6LHGLHVHV0DWHULDO"'LHVH,QIRUPDWLRQHQVLQG]XP7HLOPHKU´ ³'DV VLQG XQVHUH SULYDWHQ 9RUVRUJHHUPLWWOXQJHQ´ HUNOlUWH .HQQRQ ³:LU VWHOOHQ VLH HUVWHQV LPPHU DQ ]ZHLWHQV GDQQ JDQ] EHVRQGHUV ZHQQ ZLU PHLQHQ GD VLFK HLQ LQWHUHVVDQWHU)DOODXIWXQN|QQWH:LUKDEHQQRFKPHKUYRQGLHVHU6RUWH´ .OHVFKWWHOWHIDVVXQJVORVGHQ.RSI ³:LHNRQQWHQ6LHZLVVHQGDZLUXQVDQ6LHZHQGHQZUGHQ"´IUDJWHHU .HQQRQHQWJHJQHWH ³:LUKDEHQJHZXWGD,KQHQQDFKHLQHUJHZLVVHQ=HLWGHUhEHUOHJXQJHQNHLQH DQGHUH :DKO PHKU EOLHE 8QG LFK NDQQ ,KQHQ YHUVLFKHUQ GD ,KUH :DKO lXHUVW JXW ZDU 1RFK NHLQH $XIJDEH GLH ZLU QLFKWYRQ ZHQLJHQ 0LHUIROJHQ DEJHVHKHQ GLH LPPHUKLQGLH3UREOHPHEHUHLQLJWHQ²HUOHGLJWKDEHQ´ *QRPRQZHFKVHOWHHLQHQ%OLFNPLW6LOXUDGDQQVWDQG6LOXUDDXIXQGVDJWH ³%LWWHNRPPHQ6LHQDFK5XG\Q0|JOLFKVWVFKQHOO:LUDUUDQJLHUHQHLQHDEVROXW JHKHLPH 9HUVDPPOXQJ +HOIHQ 6LH XQV GHQ RGHU GLH 9HUUlWHU LQ XQVHUHQ HLJHQHQ 5HLKHQ]XILQGHQ6LHZHUGHQDQJHPHVVHQHQWORKQWZHUGHQ´ .HQQRQHUNXQGLJWHVLFKUXKLJ ³:LUNRPPHQ:DVYHUVWHKHQ6LHXQWHUµDQJHPHVVHQ¶"´ .OH]XFNWHGLH6FKXOWHUQXQGVDJWH ³9LHOOHLFKWHLQH0LOOLRQ6RODU"9LHOOHLFKWHLQV.RPPDIQI0LOOLRQHQ"´ 7HNHQHUEOLFNWHGLH0lQQHUPLWIDVVXQJVORVHP6WDXQHQDQXQGVDJWH ³'LH $NXVWLN LQ GLHVHP 5DXP LVW VFKOHFKW 6DJWHQ 6LH HLQHLQKDOE 0LOOLRQHQ 6RODU"´ ³,Q GHU 7DW´ HUZLGHUWH GHU .DOIDNWRU OHLFKW LQGLJQLHUW ³7DWVlFKOLFK VSUDFKHQ ZLU YRQHLQHU6XPPHLQGLHVHU+|KH´ 7HNHQHUVDJWHNXU] ³)QI]LJ 0LOOLRQHQ PHLQH +HUUHQ 'LH +lOIWH YRU GLH DQGHUH +lOIWH QDFK GHP $XIWUDJ´ 6LOXUD OLH VLFK HQWJHLVWHUW LQ GHQ 6HVVHO IDOOHQ (U VFKQDSSWH QDFK /XIW XQG 7HNHQHUJLQJUXKLJXPGHQ7LVFKKHUXPQDKPHLQ*ODVXQGJDEHV6LOXUDLQGLH+DQG ³(LQHLQ]LJHV6FKLIIGDVYRQGHUWHUUDQLVFKHQ)ORWWH]HUVW|UWZLUGNRVWHWEHUHLWV DQ 0DWHULDOZHUW ZHLWDXV PHKU 8QG GLH 0HQVFKHQOHEHQ VLQG RKQHKLQ QLFKW LQ =DKOHQ DXV]XGUFNHQPHLQH+HUUHQ,FKKDOWHGLHVH6XPPHIUHLQHGXUFKDXVDQJHPHVVHQH 9RU]XJVJHEKU´ .OHIUDJWHPLWUDXKHU6WLPPH ³8QGIUIQI]LJ0LOOLRQHQHUIlKUWQLHPDQGHWZDV"´

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

³1LHPDQGDXHUGHQ.DOIDNWRUHQXQGXQVEHLGHQ´HUNOlUWH.HQQRQ³6FKOLHOLFK VLQG ZLU SHLQOLFK DXI GHQ PDNHOORVHQ 5XI XQVHUHU EHVFKHLGHQHQ )LUPD DQJHZLHVHQ :DQQZHUGHQZLULQ5XG\QHUZDUWHW"´ *QRPRQVFKOXFNWHQRFKLPPHUXQGZDUINHXFKHQGHLQ ³6R EDOG ZLH P|JOLFK :LU DUUDQJLHUHQ DOOHV /DQGHSODW] +RWHO]LPPHU XQG VR ZHLWHU´ ³$UUDQJLHUHQ6LHELWWHYRUGULQJOLFKHLQHQDEK|UVLFKHUHQ5DXPLQGHPZLUXQVPLW GHQ.DOIDNWRUHQRGHUMHGHQIDOOVHLQHU*UXSSHYRQLKQHQXQWHUKDOWHQN|QQHQ:LUIOLHJHQ VR]XVDJHQ,KQHQKLQWHUKHU´ ³)QI]LJ0LOOLRQHQ6RODU´MDPPHUWH.OH (V ZDU ZLH 7HNHQHU ULFKWLJ JHVDJW KDWWH HLQ JHUDGH]X OlFKHUOLFKHU %HWUDJ JHJHQEHU GHP 6FKDGHQ GHU DXIWUDW ZHQQ GDV 8QKHLO QLFKW YRQ GHU =HQWUDOJDODNWLVFKHQ8QLRQDEJHZHQGHWZHUGHQZUGH 7HNHQHU XQG .HQQRQ EUDFKWHQ GLH +HUUHQ ELV LQ GLH 6FKOHXVH XQG YHUDEVFKLHGHWHQVLFKYRQLKQHQ .XU]GDUDXIVWDUWHWHGDVNOHLQH5DXPVFKLII]XUFNQDFK5XG\Q 1XU HLQHQ 7DJ VSlWHU VWDUWHWHQ 7HNHQHU XQG .HQQRQ EHVWHQV DXVJHUVWHW PLW GHU +$33< '$< 'LH NRVPLVFKHQ %HGUlQJWHQKHOIHU KDWWHQ LKUH $UEHLW DXIJHQRPPHQ 8QGVLHDKQWHQGDVLHDOOHVDQGHUHDOVHLQOHLFKWHV6SLHOKDEHQZUGHQ

'LH=LPPHUNRVWHWHQHLQHQ3UHLVGHUVHOEVWIU7HNHQHUXQG.HQQRQHUVWDXQOLFK ZDU$EHUGDIUHQWVFKlGLJWHQVLHGLH%HZRKQHUPLWHLQHP.RPIRUWGHUVHLQHVJOHLFKHQ VXFKWHPLWHLQHP6HUYLFHGHUVHNXQGHQVFKQHOOIXQNWLRQLHUWHXQGPLWHLQHU$XVVLFKWGLH VRJDUGLH*HElXGHGHV235$/QLFKWDXIZHLVHQNRQQWHQ .XU]QDFKGHPVLHLKUH.RIIHUDXVJHSDFNWKDWWHQJLQJGHU7UVXPPHU .HQQRQ|IIQHWHXQGHLQ%R\EHUJDELKQHQHLQHQODQJHQVFKPDOHQ8PVFKODJ (UVDJWHK|IOLFK ³(LQHNOHLQH$XIPHUNVDPNHLWGHV+DXVHVPHLQH+HUUHQ´ (U EHNDP HLQHQ 6RODU EHGDQNWH VLFK XQG YHUVFKZDQG ZLHGHU JHUlXVFKORV .HQQRQ DQDO\VLHUWH GHQ 8PVFKODJ |IIQHWH LKQ XQG NDP OlFKHOQG DXI 7HNHQHU ]X GHU JHUDGHVHLQHNOHLQHIODFKH:DIIHGXUFKOXGVLFKHUWHXQGXQWHUGHU$FKVHOYHUEDUJ ³'LH6SHLVHNDUWH"´IUDJWH7HNHQHU ³0LW ]XP 7HLO XQJHQLHEDUHQ 'LQJHQ´ PHLQH .HQQRQ 7HNHQHU QDKP GLH OlQJOLFKHQ 3DSLHUH KHUDXV XQG VDK GD HV NOHLQJHVFKULHEHQH ,QIRUPDWLRQHQ GHU KLHU DQVlVVLJHQ862XQG6RO$E/HXWHZDUHQ6LHEHVDJWHQQLFKWYLHO,QGHU=ZLVFKHQ]HLW KDWWHVLFKQLFKWV%HVRQGHUHVHUHLJQHWDEHUGLH'RVVLHUVEHU.OH6LOXUDXQG*QRPRQ GHXWHWHQGDUDXIKLQGDGLHVH0lQQHUHLQLJHUPDHQZHLH:HVWHQEHVDHQ =ZDU ZDUHQ VLH DOOH VWHLQUHLFK XQG YHUIJWHQ EHU JOlQ]HQGH (LQQDKPHQ DEHU RIIHQVLFKWOLFKZDUHQJHQDXGLHVHGUHL0lQQHUNHLQH6FKXUNHQ:HQQDXFKQRFK(VKUD <WURP\QUHODWLYXQVFKXOGLJZDUGDQQJDEHVYLHU8QVFKXOGLJHGUHL7RWHXQGGHQ5HVW SRWHQWLHOOHU6FKXOGLJHU ³,PPHUKLQ´ VDJWH 7HNHQHU XQG VDK ]X ZLH VLFK GLH 3DSLHUH ZLHGHU LQ GLH 6SHLVHNDUWHGHV/260217(526YHUZDQGHOWHQ ³,PPHUKLQZDV"´HUNXQGLJWHVLFK.HQQRQ

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

(U KDWWH PLW VHLQHQ YHUERUJHQHQ (LQULFKWXQJHQ GLH =LPPHU DEJHVXFKW XQG HQWGHFNW GD NHLQH $EK|UYRUULFKWXQJHQ DQJHEUDFKW ZDUHQ 'LHVHU 8PVWDQG HUVWDXQWH LKQPHKUDOVYLHOHVDQGHUHLQGLHVHU6WDGW ³,PPHUKLQ VROOWHQ ZLU QDFK HLQHP NOHLQHQ ,PEL YHUVXFKHQ XQVHUH *HVFKlIWH DQ]XEDKQHQ´ ³,Q2UGQXQJ,FKEHVWHOOH´ ,KUH -DFKW ODJ YRQ 5HJLHUXQJVWUXSSHQ EHZDFKW DQ HLQHU EHVRQGHUV VFK|QHQ 6WHOOH GHV 5DXPKDIHQV 6LH EHVWHOOWHQ OLHHQ VLFK HLQLJH %LVVHQ DXI GDV =LPPHU NRPPHQXQGDHQDXIGHU7HUUDVVHVFKLHUYLHUKXQGHUW0HWHUEHUGHP(UGERGHQ 'DQQZlKOWHQVLHHLQH1XPPHU6LHKDWWHQGLHVHQ$QVFKOXYRQ6LOXUDHUKDOWHQ ³'DQNH´VDJWHHLQH6WLPPHVRQVWQLFKWV 7HNHQHU XQG .HQQRQ ZDUHQ JDQ] DQGHUH %HJUXQJHQ JHZRKQW XQG ZDUWHWHQ VFKZHLJHQG'HU0DQQLP.|USHUGHV5RERWHUVVDJWHQDFKHLQHUNOHLQHQ:HLOH ³:lKUHQGGXGHLQH*HVFKlIWHEHWUHLEVWZHUGHLFKPLFKHLQZHQLJDQEHVRQGHUV LQWHUHVVDQWH6WHOOHQEHJHEHQXQGPLFKHWZDVXPVHKHQ9RUVLFKW7HNPDQNDQQDXFK 6SHLVHQXQG*HWUlQNHYHUJLIWHQ´ 7HNHQHUVDJWHPLWHLQHPGDQNEDUHQ/lFKHOQ ³,FKGDQNHIUGHQ7LS'XUHFKQHVWVHOEVWKLHUGDPLW"´ ³0LW DOOHP MHGHU]HLW XQG DQ MHGHP 2UW´ YHUVLFKHUWH .HQQRQ 6HNXQGHQ VSlWHU OLH HU HLQHQ +RWHOGLHQHU HLQ GHU HLQHQ .RIIHU WUXJ 'HU 0DQQ VWHOOWH GHQ .RIIHU DXI |IIQHWH LKQ XQG NODSSWH HLQHQ NOHLQHQ (LQPDQQ7UDQVPLWWHU KHUDXV (U VFKDOWHWH PHKUPDOVVDK7HNHQHUDQXQGVDJWH ³%LWWH´ 7HNHQHUVWHOOWHVLFKDXIGLH7ULWWSODWWHUXQ]HOWHGLH6WLUQXQGJULIIQDFKGHU:DIIH (LQ NQLVWHUQGHV *HUlXVFK HUW|QWH DOV GLH *OXWEDONHQ QDKH GHU =LPPHUGHFNH ]XVDPPHQVWLHHQ 'DQQ ZDU 7HNHQHU YHUVFKZXQGHQ 'HU +RWHOGLHQHU EOLFNWH VLFK XP XQGIUDJWH ³+DEHQ6LHQRFKHLQHQ:XQVFKPHLQ+HUU"´ ³-D´VDJWH.HQQRQ³(LQHQ6WDGWSODQ´ 'DQQEHVDQQHUVLFKXQGVDJWH ³'DQNH²ODVVHQ6LH,FKEHVRUJHPLUHLQHQDQGHU5H]HSWLRQ´ (U YHUOLH GDV =LPPHU -HGHUPDQQ NRQQWH GDV *HSlFN GXUFKVXFKHQ XQG HU ZUGHQLFKWGLHJHULQJVWHQ6SXUHQILQGHQ$OOHVZDVQRWLHUWZHUGHQPXWHHUIROJWHLQ GHQ ZLQ]LJHQ 6SHLFKHUQ GHV 5RERWN|USHUV 1DFKGHP HU GHQ 6FKOVVHO DEJHJHEHQ KDWWH VSD]LHUWH HU KLQDXV DXI GLH 6WUDH GXUFK GHQ 3DUN XQG KLQEHU ]X HLQHP *OHLWHUSDUNSODW] (U QDQQWH GHP 5RERW HLQ =LHO OHKQWH VLFK LQ GLH 3ROVWHU XQG ZXQGHUWH VLFK ZDUXPVLFKGHU)DKUHUQLFKWZXQGHUWHGDVHLQ*OHLWHUVRVFKZHUEHODVWHWZXUGH 'DQQ OlFKHOWH .HQQRQ DOV VHL HU HEHQ DXI HLQH LQWHUHVVDQWH )HVWVWHOOXQJ JHVWRHQ +RIIHQWOLFKGDFKWHHUNRPPW7HNDQVHLQ=LHO (U IDQG 5XG\Q XQG EHVRQGHUV *HQ]H] QLFKW VHKU V\PSDWKLVFK (U ZROOWH GLHVH 6WDGWXQGGLHVHQ3ODQHWHQP|JOLFKVWEDOGZLHGHUYHUODVVHQ1LFKWVKLHOWLKQKLHU 6FKOLHOLFKNDQQWHHU(VKUD<WURP\QQRFKQLFKW

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

7HNHQHUNDP]XVLFKULGLH:DIIHKHUDXVXQGPDFKWHHLQHQ6DW]QDFKUHFKWV 'UHL 0lQQHU VDKHQ LKQ HUVWDXQW DQ XQG DOV 7HNHUHU *QRPRQ HUNDQQWH ]XFNWH HU GLH 6FKXOWHUQXQGVWHFNWHGLH:DIIHZLHGHU]XUFN ³+DOWHQ6LHHVIUULFKWLJGDLFKQLFKWJHVHKHQZHUGH"´ *QRPRQVDJWH ³-HGHQIDOOVQLFKWKLHU,Q,KUHPHLJHQHQ,QWHUHVVHPWHHVVHLQQLFKWPLWXQVLQ 9HUELQGXQJJHEUDFKW]XZHUGHQ´ ³6FK|QJXW´VDJWH7HNHQHUOHLVH³:DVVROOGHU7ULFNPLWGHP.RIIHUJHUlW"´ .OH KRE GLH +DQG VWHOOWH GHQ 0LWWHOILQJHU JHUDGH XQG EOLFNWH DXI GLH ZLQ]LJH UHLFKYHU]LHUWH5LQJXKU(UVDJWH ³,Q HLQHU 6WXQGH ILQGHW HLQH .RQIHUHQ] YRQ ]HKQ 0lQQHUQ VWDWW YRQ QHXQ .DOIDNWRUHQXQG,KQHQ:LUZHUGHQEHUDWHQ´ 5RQDOG EOLFNWH VLFK XP EOLFNWH DXV HLQHP GHU ULHVLJHQ HLQVHLWLJ OLFKWGXUFKOlVVLJHQ )HQVWHU XQG VDK GD VHLQH 9HUPXWXQJ ULFKWLJ JHZHVHQ ZDU HU EHIDQG VLFK LQQHUKDOE GHV 235$/ 'DQQ EHJDQQ HU GDV )LHEHU GHV -lJHUV LQ VLFK ]X VSUHQ(LQH(UUHJXQJDOVVHLHUDXIGHU)lKUWHGHV9HUEUHFKHUV(UZXWHGDGLHV QLFKWVRZDUDEHUHUHUNDQQWHJDQ]NODUGDDOOHVLQ%HZHJXQJJHUDWHQZDU ³'DV VLQG VHFKV SRWHQWLHOOH 9HUUlWHU´ VWHOOWH HU IHVW ³:HQQ HV 9HUUlWHU VLQG GDQQZHUGHQVLHQLFKWUHDJLHUHQN|QQHQGHQQGDQQ ZWHQZLUYLHUHVLVW:RILQGHW GLH.RQIHUHQ]VWDWW"´ 6LOXUDHUZLGHUWH ³7LHIXQWHUGHP%RGHQGHV0HHUHV´ ³0DFKHQ 6LH 6FKHU]H" ,FK NDQQ QLFKW JXW WDXFKHQ QRFK ELQ LFK %HUJDUEHLWHU´ VDJWH 7HNHQHU XQG OHKQWH GDQNHQG HLQ *ODV DE GDV PDQ LKP UHLFKHQ ZROOWH :DUXP KDWWH .HQQRQ GLHVHQ (LQZDQG JHPDFKW" $EHU YHUPXWOLFK QHLQ VLFKHU KDWWH HU VHLQH *UQGH ³LQHLQHUVWlKOHUQHQ.XJHO´VDJWH*QRPRQ³:LUVLQGGRUWXQJHVW|UW1LFKWHLQPDO )LVFKHJLEWHVGRUW´ ³*XW-HW]WJOHLFK"´ ³,Q ZHQLJHQ 0LQXWHQ 'LH 6WDWLRQ LVW QXU PLW VSH]LHOO MXVWLHUWHQ 7UDQVPLWWHUQ HUUHLFKEDUHVJLEWNHLQHQ(LQJDQJ'HU7UDQVPLWWHUEHILQGHWVLFKGRUWLQGHU7UXQGZLU ZDUWHQJHUDGHDXIGLH.RQWUROOHGHV5HFKHQJHUlWHV´ ³,FKZDUWHPLW,KQHQ6LHJHKHQ]XHUVWGXUFK´VDJWHGHU0DQQLPGXQNHOJUQHQ :LOGOHGHUDQ]XJ ³%LWWH:HQQ6LHGDUDXIEHVWHKHQ"´ 6LHVFKLHQHQVLFKQLFKWEHVRQGHUVJXWOHLGHQ]XN|QQHQ$QJHVLFKWVGHUIQI]LJ 0LOOLRQHQXQGGHV8PVWDQGHVGDVLHHVZDUHQGLHVLFKLQGHU1RWODJHEHIDQGHQZDU GLHV NHLQ :XQGHU XQG UHFKW JXW YHUVWlQGOLFK 'DQQ KDWWH GLH 5HFKHQPDVFKLQH LKUH .RQWUROOHEHHQGHW6LHJDEGHQ7UDQVPLWWHUIUHL1DFKHLQDQGHUJLQJHQGLH0lQQHUGXUFK GLH %RJHQVlXOHQ XQG YHUVFKZDQGHQ +LQWHU LKQHQ VFKDOWHWH VLFK GDV JHKHLPH *HUlW ZLHGHUDXV 6LHEHIDQGHQVLFKZLUNOLFKLP,QQHUQHLQHU6WDKONXJHO 'DV'LQJEHVDHLQHQ'XUFKPHVVHUYRQHWZDIQI]LJ0HWHUQ,QGHU0LWWHWUXJHV GLH NDVWHQI|UPLJHQ (OHPHQWH GHU 9HUVRUJXQJVHLQULFKWXQJHQ XQG HLQ HLQ]LJHV 'HFN JHJHQ GLH .lOWH LVROLHUW ELOGHWH ]XVDPPHQ PLW GHU KDOEHQ ,QQHQNXJHO HLQHQ

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

NRSSHOI|UPLJHQ ZHLHQ 5DXP 'LH DQGHUHQ VHFKV .DOIDNWRUHQ WUDIHQ QDFK XQG QDFK HLQ 6FKOLHOLFKZDUHQVLH]HKQ'LHJHKHLPH6RQGHUVLW]XQJNRQQWHEHJLQQHQ 5RQDOG 7HNHQHU ]QGHWH VLFK UXKLJ HLQH =LJDUHWWH DQ XQG OHKQWH DEHUPDOV HLQ *HWUlQN DE (U EHWUDFKWHWH GLH (LQULFKWXQJ GLHVHV JHKHLPHQ .RQIHUHQ]UDXPHV 6LH ZDUHQ EHU HLQH EUHLWH :HQGHOWUHSSH LQ GLH .XSSHO KHUHLQJHNRPPHQ 'LFNH 7HSSLFKH XQG:DQGYHUNOHLGXQJHQGlPSIWHQGLH*HUlXVFKH 'HU)DOO5XG\Q²GDVKDWWH$WODQHUNOlUWPLWGHPVLFK.HQQRQXQG7HNHQHUYRU LKUHP $EIOXJ QDFK 5XG\Q ]XP OHW]WHQ 0DO XQWHUKDOWHQ KDWWHQ²ZDU PHKU DOV VFKZHUZLHJHQG 'LH .ULVH NRQQWH GLH *DOD[LV HUVFKWWHUQ (V ZDU ZLFKWLJ GD GLH 9HUUlWHU DXV GHQ 5HLKHQ GHU .DOIDNWRUHQ VFKQHOO HUPLWWHOW ZUGHQ EHYRU HV QHXH 0RUGHQHXH9HUZLUUXQJHQJDE7HNHQHUVXFKWHQRFKLPPHUQDFKGHQ0RWLYHQ²QLFKW IUGLHWHUUDIHLQGOLFKHQ$NWHVRQGHUQIUGLH0RUGHKLQWHUGHQ.XOLVVHQ

7HNHQHUVDJWHKLQWHUHLQHP5DXFKVFKOHLHUKDOEYHUERUJHQ ³0HLQH+HUUHQZLUVROOWHQ EHJLQQHQ:LUVSLHOHQHLQYHUZHJHQHV 6SLHO XQG LFK JODXEHZLUDOOHKDEHQGDVVHOEH=LHO´ -DQRWK 6LOXUD GLHVPDO QRFK SUXQNYROOHU XQG DXIIDOOHQGHU JHNOHLGHW QLFNWH ODQJVDP ³'HU8QEHNDQQWHRGHUGLH8QEHNDQQWHJHKWKLHUDXI5XG\QHEHQVRYRUZLHDXI GHQDQGHUHQEHWURIIHQHQ:HOWHQ´ 7HNHQHUHUZLGHUWH ³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|QQHW´ .HPEUDQWKKREGLH+DQGIXQNHOWH7HNHQHU]RUQLJDQXQGIUDJWHDXIJHUHJW ³:LHN|QQHQ6LHRKQH%HZHLVHVROFKH8QJHKHXHUOLFKNHLWHQEHKDXSWHQ"´ ³'LH:DKUKHLWLVWVWHWVXQEHTXHP´VDJWH5RQDOGXQGEHWUDFKWHWHGDV0XQGVWFN VHLQHU =LJDUHWWH ³$XFK HLQH :DKUKHLW GLH IQI]LJ 0LOOLRQHQ 6RODU NRVWHW ZLUG GDGXUFK QLFKW EHTXHPHU PHLQH +HUUHQ ,Q GLHVHP =XVDPPHQKDQJ²GDUI LFK XP HLQHQ 9RUVFKXYRQIQIXQG]ZDQ]LJ0LOOLRQHQELWWHQ"´ *QRPRQQLFNWHXQGKROWHHLQ.XYHUWDXVGHU7DVFKH ³+LHULVWHLQ6FKHFN´VDJWHHU³,FKEHUJHEHLKQQDFKKHU´ ³'DQNH )HUQHU KDEH LFK DXV XQVHUHQ (UPLWWOXQJHQ VFKOLHHQ PVVHQ´ IXKU 7HNHQHU IRUW ³GD GLHVHU 8QEHNDQQWH WDGHOORVH )lOVFKXQJHQ XQG WHXIOLVFK VFKODXH

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

7ULFNV EHVLW]W XP GLH 6FKXOG VWHWV DE]XZlO]HQ 1lPOLFK DXI DQGHUH 8QG ]ZHLIHOORV VLQG GLH GUHL WRWHQ .DOIDNWRUHQ ]XHUVW EHVFKXOGLJW ZRUGHQ XQG GDQQ HKH VLH LKUH 8QVFKXOGEHZHLVHQNRQQWHQ´ ³'DV LVW ZDKUVFKHLQOLFK 'DKHU NRPPW XQVHU *HKHLPGLHQVW QLFKW ZHLWHU 0DQ NDQQ8QVFKXOGLJHQQLFKWEHZHLVHQGDVLHVFKXOGLJVLQG´ 7HNHQHUPHLQWH ³0DQNDQQVLHDEHUYHUXQJOFNHQODVVHQRGHUHUPRUGHQ'DPLWZlUHGHIDFWRGLH *HUHFKWLJNHLWZLHGHUKHUJHVWHOOW'UHL8QVFKXOGLJHZHUGHQGDGXUFKGDVLHVWHUEHQ]X 6FKXOGLJHQ XQG GLH 9HUDQWZRUWXQJ LVW ZLHGHU HLQPDO DEJHVFKREHQ ZRUGHQ 'HU 8QVLFKWEDUHEOHLEWZHLWHUKLQXQVLFKWEDUXQGDUEHLWHWZHLWHU´ (LQ DXIJHUHJWHV 0XUPHOQ HUW|QWH DOV VLFK GLH QHXQ .DOIDNWRUHQ EHU GLH IU VLH QHXH(QWZLFNOXQJXQWHUKLHOWHQ(LQHUYRQLKQHQZDQGWHVLFKDQGHQKRFKJHZDFKVHQHQ SRFNHQQDUELJHQ0DQQXQGVDJWH ³:HQQ HV QDFK ,KQHQ JHKW ZLUG GHU 8QVLFKWEDUH QLFKW PHKU ODQJH XQVLFKWEDU EOHLEHQQLFKWZDKU"´ 'LH 0lQQHU IDOOV VLH ZLUNOLFK DXFK XQVFKXOGLJ ZDUHQ KDWWHQ DXHU LKUHU 0DFKW YLHO ]X YHUOLHUHQ 7HNHQHU ]ZHLIHOWH QLFKW HLQH 6HNXQGH ODQJ GDUDQ GD V LKQHQ PLW LKUHU %LWWH VHKU HUQVW ZDU 9LHOH GHU ,QIRUPDWLRQHQ GLH VHLW %HJLQQ GHU WHUUDIHLQGOLFKHQ $NWLRQHQ HLQJHKROW ZRUGHQ ZDUHQ GHXWHWHQ JHQDX DXI GLH .DOIDNWRUHQ DOV 9HUDQWZRUWOLFKH IU GLH 6DERWDJHDNWH .HQQRQ XQG 7HNHQHU ZDUHQ EHU]HXJW GDYRQ GDGDV235$/GLH$QVFKOlJHHLQJHOHLWHWKDWWH$EHUNHLQHLQ]LJHU1DPHZDUEHNDQQW 7HNHQHUJDEUXKLJ]XU$QWZRUW ³:HQQ GHU 8QVLFKWEDUH XQWHU XQV LVW VLQG ZLU DOOH LQ *HIDKU ,FK KDEH *UXQG DQ]XQHKPHQ GD ]ZLVFKHQ GHQ .DOIDNWRUHQ LQ GHU QlFKVWHQ =HLW VWDUNH 6SDQQXQJHQ DXIWUHWHQ ZHUGHQ²MHGHU YHUGlFKWLJW MHGHQ DQ GHU .ULVH VFKXOG ]X VHLQ ,Q GLHVHP =XVDPPHQKDQJHLQH)UDJH +DWWHQ6LHYRU(VKUD<WURP\QDXVGHP235$/]XHQWIHUQHQQ|WLJHQIDOOVGXUFK 0RUG"´ -DQRWK6LOXUDVFKWWHOWHGHQ.RSIXQGKREEHLGH+lQGHKRFK(UVDJWH ³:LUZDUHQPLWYLHOHQ0DQDKPHQQLFKWHLQYHUVWDQGHQ$EHUZLUKDEHQQLHPDOV HLQHQ 0RUG LQ (UZlJXQJ JH]RJHQ²GDIU LVW GLH )UDX YLHO ]X EHOLHEW (LQ 0RUG ZUGH HLQHLQQHQSROLWLVFKH.ULVHDXVO|VHQ,FKKRIIH6LHJODXEHQGLHV7HNHQHU´ ³,FKELQQLFKWDEJHQHLJW´HQWJHJQHWH7HNHQHUGLSORPDWLVFK³HV]XJODXEHQ$EHU GDV LVW XQZLFKWLJ 0DQ KDW MHGRFK LP HQJVWHQ .UHLV 3OlQH HUZRJHQ (VKUD PHKU RGHU ZHQLJHUHOHJDQWDXVLKUHP$PW]XGUlQJHQ´ ³'DVN|QQHQZLU]XJHEHQ´VDJWH.OH 7HNHQHU EOLHE QDFK ZLH YRU VNHSWLVFK XQG ZDFKVDP (U WUDXWH NHLQHP HLQ]LJHQ GHU .DOIDNWRUHQ (U JULQVWH NKO EHWUDFKWHWH GLH *HVLFKWHU GHU .DOIDNWRUHQ XQG VDJWH VFKOLHOLFKDOVGDV6FKZHLJHQXQEHKDJOLFK]XZHUGHQGURKWH ³6LHGLHEHUOHEHQGHQ.DOIDNWRUHQVLQGQLFKW]XEHQHLGHQ $E MHW]W ZLUG MHGHU VHLQHQ 1HEHQPDQQ EHODXHUQ (U ZLUG JODXEHQ GD HU GHU 0|UGHU XQG $WWHQWlWHU LVW (U ZLUG XQVLFKHU ZHUGHQ XQG YHUVXFKHQ KHUDXV]XEHNRPPHQ ZDV GHU DQGHUH SODQW ZLH HU UHDJLHUHQ ZLUG 'DV 0LWUDXHQ XQG GLH8QVLFKHUKHLWGLH:XWEHUGLH+LQWHUOLVWXQGlKQOLFKH*HPWVEHZHJXQJHQZHUGHQ VLFKYRQMHW]WDQELV]XU.OlUXQJGLHVHU6DFKHQEHL,KQHQHLQQLVWHQ9LHO9HUJQJHQ :LU ZHUGHQ QRFK HLQLJH 7DJH EUDXFKHQ XP XQVHUH (UPLWWOXQJHQ ]X

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

YHUYROOVWlQGLJHQ ,FK PHOGH PLFK QLFKW PHKU EHL ,KQHQ XP 6LH XQG XQV QLFKW ]X JHIlKUGHQ6LHZHUGHQHUIDKUHQZLHZLUGLH3UREOHPHO|VHQ´ .OHEDWOHLVH ³$EHU6LHVFKZHLJHQGRFKQLFKWZDKU"6LHVLQGRIIL]LHOOQLHEHLXQVHLQJHWURIIHQ XQGKDEHQQLHPDQGHQJHVSURFKHQ´ 'HU 8PVFKODJ PLW GHP 6FKHFN JOLWW EHU GHQ 7LVFK 7HNHQHU OlFKHOWH KDUW ZlKUHQG HU GHQ 6FKHFN JHQDX EHWUDFKWHWH XQG JHJHQ GDV /LFKW KLHOW 'DV 3DSLHU ZDU DXI GLH ,QWHUJDODNWLVFKH %DQN YRQ 6DWLVI\ DXVJHVWHOOW XQG ODXWHWH DXI HLQHQ %HWUDJ YRQ 0LOOLRQHQ6RODU ³1LHPDQGZLUGHLQ:RUWHUIDKUHQ´VDJWH7HNHQHU$EHULFKZHUGHYLHOOHLFKW,KUH +LOIHEUDXFKHQ,FKZHQGHPLFKGDQQGLUHNWDQZHQ"´ *QRPRQKREGLH+DQG ³,FKZHUGHYHUDQODVVHQGD6LHVWlQGLJPLWPLUVSUHFKHQN|QQHQ5XIHQ6LHQXU LPPHUGLHVH1XPPHU(VLVWHLQJHVFKW]WHUXQGLVROLHUWHU3ULYDWDQVFKOX´ (U UHLFKWH 7HNHQHU HLQH NOHLQH .DUWH GLH GLHVHU ODV XQG LQ GLH 7DVFKH VFKRE GLUHNWQHEHQGHQ]XVDPPHQJHIDOWHWHQ6FKHFN ³,Q2UGQXQJ¶´VDJWHHU³%ULQJHQ6LHPLFKELWWHZLHGHU]XUFNLQV+RWHOMD"´ ³$XI8PZHJHQ´EHVWlWLJWH6LOXUD 7HNHQHU YHUDEVFKLHGHWH VLFK YRQ GHQ QHXQ .DOIDNWRUHQ XQG IROJWH .OH QDFK XQWHQ 7DOH VFKDOWHWH GHQ 7UDQVPLWWHU HLQ XQG NXU]H =HLW VSlWHU EHIDQGHQ VLH VLFK ZLHGHU LQ GHP OHHUHQ %UR LP 235$/ (LQ ]ZHLWHU 7UDQVPLWWHUVSUXQJ EUDFKWH 5RQDOG 7HNHQHU]XUFNLQV+RWHO(UYHUOLHGDVWUDJEDUH=ZHLWJHUlWGDVLQHLQHP1HEHQUDXP GHU *OHLWHUZDVFKDQODJH VWDQG 7HNHQHU QLFNWH GHP XQDXIIlOOLJHQ 0DQQ ]X XQG IXKU KLQDXILQGLH+RWHOKDOOH (UEOLHEDQGHU5H]HSWLRQVWHKHQXQGIUDJWH ³1DFKULFKWHQIUPLFK"´ (UEHNDPGHQ6FKOVVHOXQGGHUK|IOLHKH0DQQKLQWHUGHU%DUULHUHVDJWH ³1HLQ NHLQH 1DFKULFKWHQ 6LU $EHU ,KU )UHXQG ZDUWHW REHQ DXI VLH (LQH %HVWHOOXQJLVWEHUHLWVXQWHUZHJV´ ³'DQNH´VDJWH7HNHQHUXQGIXKUKLQDXI

(VZDU1DFKW 6LH VDHQ DXI GHU 7HUUDVVH KDWWHQ ]ZLVFKHQ VLFK HLQHQ KDOEKRKHQ 7LVFK XQG HLQHQ 5RERW GHU VLH EHGLHQWH 9RQ MHGHP *HWUlQN XQG MHGHU 6SHLVH WUDQN XQG D .HQQRQ ]XHUVW 'LH 6HQVRUHQ LQ VHLQHP .|USHU XQWHUVXFKWHQ GLH 1DKUXQJVPLWWHO 6LH ZDUHQXQYHUJLIWHW%LVMHW]WZHQLJVWHQV ³*HUlWH"´IUDJWH7HNHQHUXQGPDFKWHHLQHXPIDVVHQGH%HZHJXQJ .HQQRQVFKWWHOWHGHQ.RSI ³'HU 9RUVFKX LVW JH]DKOW ,FK KDEH +DQGOXQJVYROOPDFKW XQG HLQH 1XPPHU IU .RQWDNWH ,FK ZHUGH YHUVXFKHQ JHQDX LQV =HQWUXP ]X WUHIIHQ XQG 9HUZLUUXQJHQ ]X VWLIWHQ 8QG LFK ZHWWH GD ZLU EHUHLWV YRP .DONXODWLRQVNRPPDQGR XQG VHLQHP FKDUPDQWHQ&KHIEHREDFKWHWZHUGHQ:LUVLQGQLFKWXQEHNDQQW´ .HQQRQ VWHOOWH YRUVLFKWLJ HLQ *ODV DXI GHQ 7LVFK ]XUFN 'HU 5RERW EHWUDFKWHWH GLH0lQQHUPLWURWJOKHQGHQ/LQVHQ

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

³)QI7DJH´VDJWHHUOHLVH³0HKUJHEHLFKXQVQLFKW,QIQI7DJHQPVVHQZLU PLWGLHVHP3ODQHWHQIHUWLJVHLQ,FKPDJ5XG\QQLFKW´ ³LFK ZHUGH PRUJHQ VHKU IUK VWDUWHQ 0HLQ HUVWHV =LHO LVW GDV QDFK PHLQHU 0HLQXQJVFKZlFKVWH*OLHGGHU.HWWH´ ³,FKYHUVWHKH´HQWJHJQHWH.HQQRQ 7HNHQHUEOLQ]HOWHXQGHUNXQGLJWHVLFK ³,FKZDUEHLGHQ.DOIDNWRUHQ8QGZRZDUVWGX"´ ³,FK OLHEH PLFK EHPKW JHQDX GLH .RQWDNWH YRU]XEHUHLWHQ GLH GX EUDXFKVW¶ VDJWH .HQQRQ XQG GHXWHWH DXI GLH *HElXGH GHU 6WDGW GLH PLW LKUHQ /LFKWHUQ YHUVXFKWHQPLWGHQ6WHUQHQGHU*DOD[LV]XNRQNXUULHUHQ ³.RQWDNWHPLWXQVHUHQ/HXWHQ"´IUDJWH7HNHQHU ³-D.XU]*UXQGVlW]OLFKQLFKWV1HXHV0DQ\WH\OZLUGYHUVXFKHQXQV]XVW|UHQ GHU%HVXFKGHVHUPRUGHWHQ$NRQHQGUIWHDOV9RUZDQGGLHQHQ´ ³:LHZLUGJHNRQWHUW"´ .HQQRQHUZLGHUWH ³.DWDQ]DU\GHVXQG3LOJUHPVSULQJHQHLQ´ $XVJH]HLFKQHW´ 7HNHQHU VFKOR GLH $XJHQ XQG VFKDXNHOWH LQ VHLQHP 6HVVHO KLQ XQG KHU (U YHUJOLFK GLH ,QIRUPDWLRQHQ GLH VLH KDWWHQ PLW VHLQHQ OHW]WHQ (LQGUFNHQ (V JDE ]ZHL 0|JOLFKNHLWHQ HQWZHGHU HLQHU RGHU PHKUHUH .DOIDNWRUHQ²RGHU HLQ DQGHUHU 0DQQ HLQ 8QVLFKWEDUHU 'HU %HVLW] QHXHU 3ODQHWHQ ZUGH IU HLQHQ .DOIDNWRUHQ DOV 0RWLY DXVUHLFKHQ $EHU ZR ODJ GDV 0RWLY IU 0RUGH XQG 0RUGDQVFKOlJH" 0LW 6LFKHUKHLW KLQJHQMHGRFKEHLGH7HLOHGLHVHV'UDPDV]XVDPPHQ(VZDUJOHLFKDQZHOFKHP(QGH PDQ]XIDWH-HGHVPDOZUGHPDQLQGHU0LWWHDXIGLH:DKUKHLWVWRHQ 7HNHQHUVDJWH ³,FKZHUGHPLFKMHW]WLQHLQHQODQJHQHUIULVFKHQGHQ1DFKWVFKODIVWU]HQ´ ³(LQH 0DSSH PLW ,QIRUPDWLRQHQ OLHJW DXI GHP 7LVFK 'X NDQQVW VLH DOV 1DFKWOHNWUHEHQXW]HQ6LH]HUVW|UHQVLFKJHJHQ0LWWHUQDFKWVHOEVW´ ³'DQNH´VFKOR7HNHQHU

(LQ*OHLWHUKLHOWLQGHU1lKHGHV6WDGWSDODVWHV -HUL ZDUI HLQHQ %OLFN DXI GHQ %LOGVFKLUP XQG HUNDQQWH HLQHQ JURHQ VFKODQNHQ 0DQQGHUODQJVDPXQGUXKLJKHUDQNDP(UJLQJZLHMHPDQGGHUVHKUVHOEVWVLFKHUZDU XQG HUZDUWHW ZXUGH -HUL ZXWH ZHU GHU %HVXFKHU ZDU XQG VLH KDWWH GXUFKDXV ]ZLHVSlOWLJH (PSILQGXQJHQ GDEHL (LQHUVHLWV DKQWH VLH ZLH 5RQDOG 7HNHQHU DXI GLH 0\ODG\ ZLUNHQ ZUGH DQGHUHUVHLWV NDP HU DOV HLQ %HVXFKHU GHU UHLFKOLFK XQGXUFKVLFKWLJH*HVFKlIWHDEZLFNHOWH(UZDUHLQHUGHU&KHIVGHU+LOIVRUJDQLVDWLRQIU %HGUlQJWH :DVZROOWHHUEHL(VKUD" 6LH|IIQHWHHLQH7UXQGVDKGD(VKUDYRQGHQ$NWHQDXIVDK ³7HNHQHU´VDJWH-HUL ³/DVVH LKQ ELWWH KHUHLQ´ EDW (VKUD ³,FK ZHL QLFKW JHQDX ZDV HU ZLOO DEHU LFK KDEHVFKRQVRYLHOYRQLKPJHK|UWGDLFKPLFKIULKQLQWHUHVVLHUH´ ³'DVJHUDGHEHIUFKWHLFK´PHLQWH-HUL

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

5RQDOG 7HNHQHU QlKHUWH VLFK DXI GHP EUHLWHQ LQ ]ZHL ZHLW JHVFKZXQJHQHQ .XUYHQ YHUODXIHQGHQ :HJ GHU GXUFK GHQ 3DUN IKUWH YRUEHL DQ H[RWLVFKHQ ZLOG GXIWHQGHQ3IODQ]HQXQGXQWHUDXVODGHQGHQ.URQHQPlFKWLJHU%lXPH'LH0DXHUQGHV :RKQWXUPHVPLWLKUHQ9HUNOHLGXQJHQVFKREHQVLFKDXVGHP*UQKHUYRU ³+LHUZRKQWDOVR0\ODG\(VKUD´VDJWHHU]XVLFK (USUHWHGHQOLQNHQ2EHUDUPDQGHQ.|USHUXQGVSUWHGDV0HWDOOGHUNOHLQHQ :DIIH6HLWGHP=HLWSXQNWVHLQHU/DQGXQJKDWWHVLFKQLFKWGDV*HULQJVWHHUHLJQHW1XU .RQWDNWH*HVSUlFKH6RQGLHUXQJHQXQGhEHUOHJXQJHQDOOHU$UW'LH5XKHZDU]XJUR XPJODXEZUGLJ]XVHLQHUNDQQWHGLHVHQ=XVWDQGXQGIUFKWHWHLKQ ³(LQH$UW5XKHYRUGHP6WXUP´VDJWHHUXQGEOLHEVWHKHQXPK|IOLFKLQGLH/LQVH HLQHV%HREDFKWXQJVJHUlWHV]XOlFKHOQ 'DQQVFKREVLFKGLH7UDXI'LH:DFKURERWHUVFKLHQHQJHQDXSURJUDPPLHUW]X VHLQ VLH OLHHQ LKQ GXUFK (U EHWUDW HLQH HOHJDQW HLQJHULFKWHWH +DOOH (LQ MXQJHV EH]DXEHUQGDXVVHKHQGHV0lGFKHQNDPDXILKQ]XXQGEOLHEYRULKPVWHKHQ6LHOHJWH GHQ.RSIOHLFKWLQGHQ1DFNHQXQGVDKDQLKPKRFK ³,KU 3DUWQHU KDW 6LH DQJHNQGLJW 0\ODG\ KDW HWZDV =HLW IU 6LH 7HNHQHU ZHQQ LFKUHFKWXQWHUULFKWHWELQ"´ 7HNHQHU]ZLQNHUWHXQGVDJWHK|IOLFK 5LFKWLJ 'HU 8UHQNHO GHV JDODNWLVFKHQ 6SLHOHUV $EHU GDV ZDU ZHLW YRU ,KUHU =HLW,FKKDEH]LHPOLFKYLHO=HLWIU(VKUD<WURP\Q'RUWHQWODQJ"´ (U GHXWHWH DXI HLQH 7U LP +LQWHUJUXQG GHV 5DXPHV -HUL IKOWH GLH $XUD YRQ 5XKH XQG 6LFKHUKHLW GLH GLHVHQ 0DQQ XPJDE HEHQVR ZLH GHU *HUXFK VHLQHV WHXUHQ 5DVLHUZDVVHUV6LHQLFNWHXQGHQWJHJQHWH ³:DUXPVLQG6LHJHNRPPHQ0LVWHU7HNHQHU"´ ³,FK NDP ZHLO PDQ PLFK RKQHKLQ UXIHQ ZUGH´ VDJWH HU VHHOHQUXKLJ ³,FK NDP HWZDVIUKHUHLQH*HVFKlIWVUHLVHIKUWHPLFKKLHUKHU´ 6LH JLQJHQ QHEHQHLQDQGHU DXI GLH 7U ]X +LQWHU GHU 3DQ]HUSODWWH GLH PLW ZHUWYROOHP+RO]IXUQLHUWZDUYHUVWHFNWHVLFKHLQ$XI]XJ7HNHQHUXQG-HULEHWUDWHQGHQ $XI]XJGHUVLFKDXJHQEOLFNOLFKLQ%HZHJXQJVHW]WHXQGDXI$QWLJUDYIHOGHUDXIZlUWVJOLWW XQGVDQIWDEEUHPVWH ³,VW,KUH6HOEVWVLFKHUKHLWHFKWRGHUQXUVHKUJXWJHVSLHOW"´HUNXQGLJWHVLFK-HUL 7HNHQHUHUZLGHUWH ³6LHLVWVRHFKWZLH,KUJXWHV$XVVHKHQ7HXHUVWH´ -HULOlFKHOWH7HNHQHUGHUVLHVFKDUIEHREDFKWHWHPHUNWHGDLKU/lFKHOQQLFKW PHKU JDQ] ]X HLQHP MXQJHQ 0lGFKHQ SDWH (V ZDU lOWHU XQG GUFNWH PHKU 5HVLJQDWLRQXQG:LVVHQDXV ³'DQNH´VDJWH-HUL³'LHVHU.RUULGRUELWWH´ 'HU .RUULGRU ZDU JHVSLFNW PLW 6LFKHUKHLWVHLQULFKWXQJHQ =HKQ 6FKULWWH ZHLWHU |IIQHWH VLFK DEHUPDOV HLQH 7U -HUL OLH 7HNHQHU DQ VLFK YRUEHLJHKHQ XQG VFKOR GLH 7U 7HNHQHU JLQJ ELV GLFKW YRU GHQ 6FKUHLEWLVFK XQG EHPKWH VLFK PLW (UIROJ VHLQHQ HUVWHQ(LQGUXFNXQGGLH5HDNWLRQGDUDXI]XYHUDUEHLWHQ 'LH )UDX GLH KLQWHU GHP 6FKUHLEWLVFK DXIVWDQG ZDU ZHLWDXV VFK|QHU DOV 7HNHQHUQDFKGHQHUVWNODVVLJHQ8QWHUODJHQGHU862HUZDUWHWKDWWH ³*XWHQ7DJ´VDJWHHU³,FKIUHXHPLFKGDLFK,KQHQHWZDVYRQPHLQHU=HLW]XU 9HUIJXQJVWHOOHQGDUI´ 6LH OlFKHOWH YHUEOIIW VFKWWHOWH VHLQH +DQG XQG GHXWHWH DXI HLQHQ 6HVVHO

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

7HNHQHUVHW]WHVLFKIUDJWHREHUUDXFKHQGUIHERWLKUHLQH=LJDUHWWHDQXQG]QGHWH LKQHQEHLGHQGLH=LJDUHWWHQDXFKDQ'DQQVDJWHVLH ³2IIHQVLFKWOLFKOLHJWKLHUHLQ,UUWXPYRU6LHVDJWHQ6LHKlWWHQ=HLWIUPLFK"´ ³6RLVWHV0\ODG\´HUZLGHUWH7HNHQHU³*HQJHQGGDYRQ6FKOLHOLFKELQLFKGHU HLQ]LJH0DQQGHU,KQHQKHOIHQNDQQ1LFKWQXU,KQHQ´ 6LH ]RJ VFKZHLJHQG GLH $XJHQEUDXHQ KRFK XQG PXVWHUWH LKQ (U JDE GHQ %OLFN UXKLJ]XUFNXQGEHZXQGHUWHGLH/LQLHLKUHV2KUHVGDVYRQGHPODFNVFKZDU]HQ+DDU XPUDKPWZDU ³'DUILFKXP$XINOlUXQJELWWHQ"´IUDJWH(VKUDVFKOLHOLFK 6LH VWHOOWH IHVW GD GLH YHUERUJHQH .UDIW GLHVHV 0DQQHV YRU LKU GXUFKDXV EHU]HXJHQGZLUNWH:HQQVLH7HNHQHUPLWGHP$NRQHQYHUJOLFK ³-D ,FK ELQ IUKHU JHNRPPHQ DOV 6LH PLFK JHUXIHQ KlWWHQ´ HUZLGHUWH HU OHLVH ³:HQDXFKVRQVWVROOWHHLQ.DLIDNWRU]XU+LOIHELWWHQ´ ³:DUXP"´ ³6LH EHILQGHQ VLFK LQ GHU /DJH HLQHV 0HQVFKHQ GHU DXI HLQVDPHP 3RVWHQ NlPSIW´ VDJWH HU ³(ULQQHUQ 6LH VLFK DQ GDV 6FKLFNVDO ,KUHV 9DWHUV GHU VLFK LP $OWHU YRQUXQGHLQKXQGHUW-DKUHQLQGHUVHOEHQ/DJHEHIDQG"´ 9HUEOIIWEHXJWHVLHVLFKYRUXQGIUDJWHKHLVHU ³:RKHUZLVVHQ6LHZDVPHLQ9DWHUGDPDOVGXUFKPDFKWH"´ (UZLQNWHJHODVVHQDEXQGVDJWH ³,FKNHQQH,KUHQ/HEHQVODXI]LHPOLFKJHQDX6FKOLHOLFKELQLFKKLHUXP,KQHQ]X KHOIHQ6LHZLVVHQGDMHPDQGYHUVXFKW6LHDXVGHP$PW]XGUlQJHQXQGQ|WLJHQIDOOV XP]XEULQJHQ´ 6LHVDJWHKDUW ³'DVLVWYRUEHL'LHGUHL6FKXOGLJHQVLQGWRW´ 7HNHQHUODFKWHWURFNHQDXIGUHKWHGLH$VFKHGHU=LJDUHWWHDEXQGVDJWHLQIDVW KHLWHUHP7RQIDOO ³6LH VLQG HEHQVR DXI HLQH 7lXVFKXQJ KHUHLQJHIDOOHQ ZLH GLH DQGHUHQ .DOIDNWRUHQ2GHUVDJHQZLUHLQPDOYRUVLFKWLJZLHHLQ7HLOGHUDQGHUHQ.DOIDNWRUHQ(LQ 8QVLFKWEDUHU ]LHKW KLHU DQ GHQ 'UlKWHQ ,FK ELQ EHU]HXJW GD GLH GUHL .DOIDNWRUHQ XQVFKXOGLJZDUHQ$EHULKU7RGHUOHGLJWHGLH)UDJHQDFKGHU6FKXOG ,FKKDEHYRUPLW,KQHQHLQ*HVFKlIW]XPDFKHQ´ -HW]WODFKWHVLHDPVLHUWDXI ³.DQQLFKDQ,KUHQhEHUOHJXQJHQWHLOKDEHQ"´ 5RODQGQLFNWHXQGO|VFKWHGLH=LJDUHWWH ³'XUFKDXV´VDJWHHU³,FKEHVFKW]H6LHXQGVRUJHGDIUGD6LHLQ,KUHP$PW XQGDP/HEHQEOHLEHQ´ 'LH )UDX YRU LKP VFKZDQNWH ]ZLVFKHQ GHU hEHUOHJXQJ RE VLH VLFK EHU VHLQH XQEHNPPHUWH)UHFKKHLWDPVLHUHQVROOWH²RGHUREVLHEHXQUXKLJWVHLQPWHGDHU KLHUVDXQGVRXQJHKHXHUOLFKH'LQJHODXWDXV]XVSUHFKHQZDJWH ³'DVLVWHLQWDJHVXQGDEHQGIOOHQGHV3URJUDPPIU6LH´VWHOOWHVLHWURFNHQIHVW ³8QGZDVP|FKWHQ6LHGDJHJHQHLQJHWDXVFKWZLVVHQ"´ 7HNHQHUPDFKWHEHZXWHLQHNOHLQH3DXVHXQGVDJWHGDQQ ³'LH 1DPHQ GHU .DOIDNWRUHQ GLH IU GLH WHUUDIHLQGOLFKHQ 6DERWDJHDNWH DXI GHQ *UHQ]ZHOWHQ XQG GHQ DXWDUNHQ 3ODQHWHQ YHUDQWZRUWOLFK ]HLFKQHQ ,FK KDEH %HZHLVH GDIU GD GLH $NWLRQHQ YRQ ,KUHQ .ROOHJHQ DXVJHKHQ ,FK NHQQH QXU QRFK QLFKW GLH

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

1DPHQ8QGYHUPXWHHVVLQG]ZLVFKHQIQIXQG]HKQ0lQQHU´ 6LH ZXUGH XQVLFKHU ODFKWH QHUY|V DXI EHWUDFKWHWH 7HNHQHU NRSIVFKWWHOQG XQG VWDQG DXI $OV VLH QDFK HLQHP *DQJ ]XP )HQVWHU ZLHGHU DQ GHQ 6FKUHLEWLVFK ]XUFNNDPGUFNWHVLHDXIGHQ.QRSIGHUGLH5RERWHUKHUEHLULHI ³9HUEOIIW"´IUDJWH7HNHQHULQJHUDGH]XEHULUGLVFKHU5XKH ³,QJHZLVVHU+LQVLFKWVFKRQ´VDJWHVLH³:HUVLQG6LHHLJHQWOLFKGD6LHVROFKH 9RUVFKOlJHPDFKHQGUIHQ"´ 7HNHQHU]XFNWHGLH6FKXOWHUQXQGPXUPHOWH ³(LQ NOHLQHU 3ULYDWPDQQ GHU OHGLJOLFK YHUVXFKW VHLQH EHVFKHLGHQHQ .HQQWQLVVH ]XP :RKO EH]DXEHUQGHU MXQJHU )UDXHQ DQ]XZHQGHQ :DUXP ]|JHUQ 6LH PLU GLH 1DPHQ ]X QHQQHQ" 'LH 8PJUXSSLHUXQJ LQQHUKDOE GHV 235$/ ZUGH ,KUH 6WHOOXQJ UHWWHQ´ 'HU YHUFKURPWH $UP GHV 5RERWV VWHOOWH EHKXWVDP HLQH 6FKDOH 6HNW DXI GHQ 6FKUHLEWLVFKGHUMXQJHQ)UDX(VKUDHUJULIIGDV*ODVKREHVXQGVDK7HNHQHUEHUGHQ 5DQGKLQZHJDQ ³,UJHQGZLH JHIDOOHQ 6LH PLU VR VHKU´ VDJWH (VKUD ³GD LFK 6LH WURW] GLHVHU 8QYHUVFKlPWKHLWQLFKWKLQDXVZHUIHQODVVH´ ³'DVLVWHLQHVGHU*HKHLPQLVVHPHLQHV(UIROJHV´VDJWH7HNHQHUOHLVH³,FKVHKH GLH6DFKHVR'LH.DOIDNWRUHQXQGDXFKMHQHU6FK|QOLQJ0DQ\WH\OZLVVHQGDLFKKLHU ELQ6LHN|QQHQVLFKXQVFKZHUYRUVWHOOHQZDUXP 7HUUDV ,QWHUHVVHQ ,KUH (VKUDV ,QWHUHVVHQ PHLQH HLJHQHQ ,QWHUHVVHQ XQG GLH GHV235$/6VLQGJHQDXGHFNXQJVJOHLFK :DVKLQGHUWXQV]XVDPPHQ]XDUEHLWHQ"´ (VKUDDQWZRUWHWHNDOW ³/HGLJOLFK GHU 8PVWDQG GD LFK ,KQHQ GLH YHUPXWHWHQ 1DPHQ QLFKW QHQQHQ NDQQ ,FK ELQ QlPOLFK EHU]HXJW GD NHLQHU GHU .DOIDNWRUHQ DQ GHQ $NWLRQHQ JHJHQ 7HUUDEHWHLOLJWRGHUVFKXOGZDU´ 7HNHQHUVWDQGDXIXQGYHUEHXJWHVLFK ³0DQ NDQQ DQGHUH 0HQVFKHQ HLQH :HLOH ODQJ PLW (UIROJ EHOJHQ´ VDJWH HU PLW JURHPQLFKWJHVSLHOWHP(UQVW$EHUPDQVROOWHGHQPHLVWWUDJLVFKHQ)HKOHUYHUPHLGHQ VLFKVHOEVWDQ]XOJHQ 'LHVHU)HKOHULVWDXVJHVSURFKHQW|GOLFK´ ³6LHZROOHQVLFKYHUDEVFKLHGHQ"´HUNXQGLJWHVLFK(VKUD ³6RLVWHV,FKELQLP/260217(526]XHUUHLFKHQ´VDJWHGHUVFKODQNH0DQQ PLWGHQ1DUEHQDXIGHQ:DQJHQ³)DOOV6LHVLFKGHQQRFKEHVLQQHQVROOWHQ´ (VKUDVDJWH ³(VNDQQVHLQGDLFK6LH]XP(VVHQHLQODGH0LVWHU7HNHQHU´ (U]RJGLH7U]XUFNXQGVFKOR ³1DFK 0|JOLFKNHLW ]X HLQHP LQ GHP QXU JHULQJH 0HQJHQ *LIW HQWKDOWHQ VLQG 7HXHUVWH"´ -HUL HUVFKLHQ VLH KDWWH LKQ HUZDUWHW 6LH |IIQHWH GLH 7U XQG OLH LKQ KLQDXV .XU]H =HLW VSlWHU JLQJ 7HNHQHU ]XUFN GXUFK GHQ 3DUN SIOFNWH WURW] GHV 9HUERWVVFKLOGHVHLQHH[RWLVFKH%OWHXQGVWHFNWHVLHLQGLH%UXVWWDVFKHVHLQHV$Q]XJV (UZDUDXVJHVSURFKHQHUIROJUHLFKJHZHVHQ

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

'HU QlFKVWH 9RUPLWWDJ YHUJLQJ PLW HLQHU 5HLKH YRQ %HVXFKHQ .HQQRQ XQG 7HNHQHU IXKUHQ LQ *HQ]H] XPKHU XQG KDWWHQ 7UHIIHQ PLW DOWHQ XQG QHXHQ %HNDQQWHQ PLW ZLFKWLJHQ XQG ZHQLJHU ZLFKWLJHQ *HVFKlIWVSDUWQHUQ =ZHL 'ULWWHO DOOHU GLHVHU %HNDQQWHQZDUHQ$JHQWHQHQWZHGHUGHU6RODUHQ$EZHKURGHUGHU862DOOHUGLQJVZDU NHLQ HLQ]LJHU 6SH]LDOLVW GDUXQWHU .HQQRQ XQG 7HNHQHU EHIDQGHQ VLFK LQ GHU 6LWXDWLRQ ]ZHLHU -lJHU GLH GDV :LOG HLQNUHLVWHQ 6LH ]HLJWHQ VLFK |IIHQWOLFK XQG Y|OOLJ RKQH 'HFNXQJ²LKUH 7UHIIHQ ZDUHQ XQYHUGlFKWLJ -HGHUPDQQ NRQQWH ZLVVHQ GD ]ZLVFKHQ LKQHQXQGGHQDQGHUHQ0lQQHUQJHVFKlIWOLFKH.RQWDNWHEHVWDQGHQ

$OVVLHZLHGHULQGDV+RWHO]XUFNJLQJHQVDJWH.HQQRQSO|W]OLFK ³'LHVH (VKUD <WURP\Q²VLH LVW PLU ]X YROONRPPHQ ,FK KDEH RIW GLH (UIDKUXQJ JHPDFKW GD KRKH 0DFKWKDEHU GLH ]XUFNJH]RJHQ OHEHQ XQG DUEHLWHQ NHLQHVZHJV GLHVHP,GHDOWUHXVLQG´ ³'XPHLQVWDOVRGD(VKUDPHKUZHLDOVZLUYHUPXWHQ"´ ³'DV DXI DOOH )lOOH´ VDJWH .HQQRQ XQG QDKP GHQ 6FKOVVHO VHLQHV =LPPHUV LQ (PSIDQJ ³$XIDOOH)lOOH´VSUDFKHUZHLWHU³LVWVLHZHLWDXVPHKUHLQH6FKOVVHOILJXUDOVZLU HVXQVYRUVWHOOHQN|QQHQ'DEHLLVWVLHKHUYRUUDJHQGJHGHFNW²QLHPDQGNDQQLKUHWZDV QDFKZHLVHQ´ 7HNHQHUVFKWWHOWHVLFKXQGPHLQWHOHLVH ³0LUVFKHLQWGDDOOH.DOIDNWRUHQQLFKWVDQGHUHVVLQGDOVHLQH%DQGHYRQUHLFKHQ 0lQQHUQGLHQLFKWVDQGHUHVLP6LQQKDEHQDOVLPPHUUHLFKHUXQGLPPHUPlFKWLJHU]X ZHUGHQ8QGGD]XVLQGLKQHQDOOH0LWWHOUHFKW:LUHVVHQZLHGHUDXIGHU7HUUDVVH"´ .HQQRQ]RJVHLQH-DFNHDXVXQGZDUIVLHDXIHLQHQQLHGULJHQ7LVFK ³6R lKQOLFK ZUGH PHLQH 0HLQXQJ GDUEHU ODXWHQ (V PDJ VHLQ GD GHU HLQH RGHU DQGHUH ZHQLJHU NULPLQHOO LVW DEHU LP JURHQ XQG JDQ]HQ VFKHLQW GDV 235$/ ZLUNOLFKHLQH6FKODQJHQJUXEH]XVHLQ,FKVDJWHHVVFKRQ,FKPDJ5XG\QQLFKW´ ³,QYLHU7DJHQVLQGZLUGHLQHU3URSKH]HLXQJQDFKRKQHKLQQLFKWPHKUKLHU'DV (VVHQLVWVFKRQEHVWHOOW"´ 6LH KDWWHQ²GDV KHLW .HQQRQ WDW HV QXU DXV *UQGHQ GHU SHUV|QOLFKHQ 7DUQXQJ²QXU EHL JDQ] JXWHQ )UHXQGHQ HWZDV ]X VLFK JHQRPPHQ :DQQ LPPHU VLH JHJHVVHQ KDWWHQ ZDU YRQ .HQQRQ XQEHPHUNW HLQH 3UREH DQDO\VLHUW ZRUGHQ²ELVKHU KDWWHPDQVLHQLFKW]XYHUJLIWHQYHUVXFKW$XFKNHLQDQGHUVJHDUWHWHU$WWHQWDWVYHUVXFK ZDUDXIVLHXQWHUQRPPHQZRUGHQ ³-D6ROOLFKHVDEUXIHQ"´ ³,FKELWWHGDUXP´ :lKUHQGVLHZDUWHWHQIDWH7HNHQHULQVHLQHQhEHUOHJXQJHQGLH(UOHEQLVVHGHU OHW]WHQ GUHLLJ 6WXQGHQ ]XVDPPHQ $EJHVHKHQ GDYRQ GD ]ZLVFKHQ (VKUD XQG LKP HLQH ZRUWORVH DEHU GHXWOLFKH 6\PSDWKLH EHVWDQG VHOEVW ZlKUHQG GLHVHV HLQ]LJHQ NXU]HQ *HVSUlFKV ZDU HU NHLQHQ 6FKULWW ZHLWHUJHNRPPHQ (U NRQQWH VLFK QXU YRUVWHOOHQ GD GHU $XIUXKU GHU KLQWHU GHQ IDUELJHQ 0DXHUQ GHU 5HJLHUXQJVJHElXGH WREWHLQ]ZLVFKHQHLQHQ+|KHSXQNWHUUHLFKWKDEHQPRFKWHDEHUHUVSUWHKLHUGUDXHQ

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

ZLHDOOHDQGHUHQ0HQVFKHQGHU=*8QLFKWVGDYRU(UVFKDOWHWHGHQ%LOGVFKLUPHLQVDK DXIGLH8KUXQGZDUWHWHDXIGLH0LWWDJVQDFKULFKWHQ 8QGJHUDGHDOVGDV(VVHQNDPHUOHEWH7HNHQHUVHLQHHUVWHhEHUUDVFKXQJ 'HU 6SUHFKHU VDJWH GD XQWHU JURHQ 7HLOHQ GHU %HY|ONHUXQJ HLQH :HOOH GHV 0LWUDXHQVJHJHQGLH.DOIDNWRUHQ5HJLHUXQJ]XEHREDFKWHQVHL 'DV 0LQLVWHULXP IU 6R]LDOHV VFKLHQ QDFK EHUHLQVWLPPHQGHQ 0HOGXQJHQ HLQH 3URSDJDQGDZHOOH HLQJHOHLWHW ]X KDEHQ 3DXVHQORV JLQJHQ 1DFKULFKWHQ XQG 'HPHQWLV KLQDXV (VKUD KDWWH GHQ VWXPPHQ .DPSI XP GLH 0DFKW GHU ]ZLVFKHQ GHQ EHUOHEHQGHQ .DOIDNWRUHQ WREWH LQ GLH gIIHQWOLFKNHLW JHWUDJHQ (V ZDUHQ EHUHLWV GLH 9RUEHUHLWXQJHQ IU 1HXZDKOHQ JHWURIIHQ ZRUGHQ (LQ JHZLVVHV &KDRV EHJDQQ VLFK EUHLW]XPDFKHQ ³(VJHKWRIIHQVLFKWOLFKORV´VDJWH5RQDOGOHLVHXQGK|UWH]X 9LHOOHLFKW ZDUHQ VHLQ (UVFKHLQHQ XQG VHLQH )UDJHQ GHU DXVO|VHQGH )DNWRU JHZHVHQ VR]XVDJHQ GHU EHZXWH 7URSIHQ GHU GHQ .UXJ ]XP hEHUIOLHHQ EUDFKWH 6HLQH 5ROOH VWDQG VFKRQ VHLW ODQJHU =HLW IHVW (U JDOW DOV GHU YRQ *HKHLPQLVVHQ XPZLWWHUWH 0DQQ GHU VHLQH )LQJHU EHUDOO KLQHLQVWHFNWH WDXVHQG 9HUELQGXQJHQ KDWWH PLWVHLQHQ0|JOLFKNHLWHQGLHLPPHQVJURVFKLHQHQZLHHLQ9LUWXRVHVSLHOWH9LHOOHLFKW JODXEWH (VKUD VLH N|QQH PLW VHLQHU 7HNHQHUV GLUHNWHQ RGHU LQGLUHNWHQ +LOIH GLH DQGHUHQ .DOIDNWRUHQ DXV GHQ bPWHUQ GUlQJHQ XQG GDGXUFK PHKU 0DFKW XQG (LQIOX HUULQJHQ ³-D'LH=HLFKHQVWHKHQDXI6WXUP´VDJWH.HQQRQ³8QGDXIGHP7LVFKVWHKWGDV (VVHQ´ 6LHVHW]WHQVLFK 6LQFODLU 0DURXW .HQQRQ EHWUDFKWHWH VFKZHLJHQG XQG NRQ]HQWULHUW GLH 6SHLVHQ XQG *HWUlQNH DXI GHP 7LVFK XQG LQ GHQ )lFKHUQ GHV 5RERWV 'DQQ QDKP HU HLQHQ /|IIHOXQGHLQH*DEHOXQGSURELHUWHVFKQHOOVlPWOLFKH*HULFKWHWUDQNHLQ]HOQH6FKOXFNH XQGOHKQWHVLFKVFKOLHOLFK]XUFN ³(V JHKW ZLUNOLFK ORV´ VDJWH HU ]X 7HNHQHU GHU UDXFKHQG GHQ 7HVW EHREDFKWHW KDWWH ³*LIW"´ ³-D 8QG ]ZDU lXHUVW UDIILQLHUW (V LVW HLQ 'UHLNRPSRQHQWHQJLIW 1XU ZHQQ DOOH GUHL7HLOJLIWH]XVDPPHQNRPPHQZLUNHQVLH´ (UGHXWHWHDXIGHQ$SHULWLIGLH/LHEOLQJVPDUNH7HNHQHUV ³+LHU LVW GLH HUVWH .RPSRQHQWH HQWKDOWHQ (LQ 6FKOXFN GHV $SHULWLIV GDQQ GLHVH 9RUVSHLVH6FKOLHOLFKGLHVH%HLODJHQ]XP+DXSWJHULFKW´ 5RQDOG7HNHQHUQDKPHLQHQJURHQ6FKOXFNGHV$SHULWLIVXQGVDJWH ³$OVRZHUGHLFKGLH%HLODJHQXQGGLHVH9RUVSHLVHQLFKWHVVHQ´ .HQQRQ QLFNWH XQG UHFKQHWH GDPLW GD VLH MHPDQG EHREDFKWHWH (U WDW VR DOV ZUGHHUHVVHQQDKPDEHUQXUVHKUJHULQJH0HQJHQ]XVLFK ³(VKlWWHMHGHQIDOOVGHQ9RUWHLOGDGXDP/HEHQEOHLEVW´EHVWlWLJWHHU 5RQDOG7HNHQHUDPLWJURHP$SSHWLWXQGHLQHUJULPPLJHQ/DXQH$OVVLHIHUWLJ ZDUHQJLQJHU]XPKRWHOLQWHUQHQ5XIV\VWHPXQGEHVWHOOWHGHQ*HVFKlIWVIKUHU]XVLFK DXIVHLQ=LPPHU'HU0DQQHUVFKLHQ 5RQDOGVDJWHPLWXQEHUK|UEDUHU6FKlUIH ³:LU VFKlW]HQ ,KU +RWHO +HUU :LU VLQG DXFK JHUQ EHUHLW IU GHQ .RPIRUW ,KUHV +DXVHV6RQGHUSUHLVH]X]DKOHQ´

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

³,FKYHUVWHKHQLFKW´VDJWHGHU*HVFKlIWVIKUHU ³+LHU LQ GLHVHU )ODVFKH HLQHU H[]HOOHQWHQ 0DUNH LVW HLQ .RPELQDWLRQVJLIW HQWKDOWHQ(VLVW´ 7HNHQHUQDQQWH1DPHQXQGHLQLJHFKHPLVFKH)RUPHOQGDQQGHXWHWHHUDXIGLH 9RUVSHLVHXQGIXKUIRUW ³+LHU LVW GLH ]ZHLWH .RPSRQHQWH 6LH UXIW PLW GHU HUVWHQ NRPELQLHUW OHLFKWH hEHONHLWKHUYRU,FKKDEHGDUDXIYHU]LFKWHWGLH9RUVSHLVH]XHVVHQ´ 1HEHQLKPVWDQGGHU*HVFKlIWVIKUHU(UZDUVFKUHFNHQVEOHLFK ³'DVLVWLQXQVHUHP+DXVQRFKQLHPDOVYRUJHNRPPHQ´EHWHXHUWHHU ³:LUVLQGDXFK]XPHUVWHQPDOKLHUDEJHVWLHJHQ´VDJWH.HQQRQ ³8QG EHLQDKH KlWWH LFK QLFKW XQVHUH 7HVWPHWKRGH DQJHZHQGHW ZlUH HV DXFK GDVOHW]WHPDOJHZHVHQ´ 7HNHULHUVDJWHVSLW] ³'DV ZDU HV RKQHKLQ 8QG VFKOLHOLFK VLQG GLH %HLODJHQ DXFK QRFK JHLPSIW ZRUGHQ 'LHVH .RPSRQHQWH KlWWH XQV XPJHEUDFKW ,FK PX VDJHQ GLH $UW GHU :U]NXQVW,KUHV+DXVHVYHUEOIIWPLFKHWZDV´ 'HU*HVFKlIWVIKUHUEHWHXHUWHGDHUHVIUXQP|JOLFKKDOWH(UYHUVSUDFKGLH UHNODPLHUWHQ6SHLVHQXQWHUVXFKHQ]XODVVHQXQGGLH6LFKHUKHLWVRUJDQHHLQ]XVFKDOWHQ 8QG DXHUGHP ERW HU DQ IU GLH 'LVNUHWLRQ GHU EHLGHQ +HUUHQ VLFK PHKU DOV QXU HUNHQQWOLFK ]X ]HLJHQ 7HNHQHU WU|VWHWH LKQ XQG VDJWH GDV N|QQH VFKOLHOLFK MHGHP SDVVLHUHQ0DQP|JHLKPQXUGLH8QWHUVXFKXQJVHUJHEQLVVHPLWWHLOHQXQGGDIUVRUJHQ GDVLFKGHUOHL9RUIlOOHLQGHU=HLWLKUHV+LHUVHLQVQLFKWZLHGHUKROWHQ 'HU *HVFKlIWVIKUHU SDFNWH DOOHV LQ GHQ 5RERW XQG GLULJLHUWH GLH 0DVFKLQH YRU VLFK KHU ]XP 3HUVRQDODXI]XJ (U VFKLHQ HLQHQ GHU JU|WHQ 6FKRFNV VHLQHV /HEHQV HUKDOWHQ]XKDEHQ 7HNHQHU JR VLFK HLQ *ODV HLQHV XQJLIWLJHQ *HWUlQNHV DXV GHU =LPPHUEDU HLQ XQGVHW]WHVLFKZLHGHU ³-HW]W ELQ LFK DXI GHQ QlFKVWHQ 6FKDFK]XJ GHV 8QEHNDQQWHQ JHVSDQQW ,PPHUKLQKDWPDQ]XU.HQQWQLVJHQRPPHQGDZLUDQZHVHQGVLQGXQGJHZLVVH.UHLVH VHKU]XVW|UHQVFKHLQHQ´ .HQQRQVDJWH ³2E GLHVH HQW]FNHQGHQ .OHLQLJNHLWHQ DXV GHU +H[HQNFKH GHLQHU QHXHQ )UHXQGLQNDPHQ"´ ³'LH0|JOLFKNHLWHQVWHKHQIQI]LJ]XIQI]LJ,FKJODXEHDEHUVLHZUGHHKHUPLW HLQHUYHUJLIWHWHQ+DDUQDGHO]XVWHFKHQ´ ³6LHLVWQLFKWGHU7\SIUYHUJLIWHWHV(VVHQ"´ ³1HLQ$EHUZDUWHQZLUZHLWHU²ELVVLFKGLH(UHLJQLVVHEHUVWU]HQ´ ³(LQYHUVWDQGHQ:LUZHUGHQQLFKWODQJHZDUWHQN|QQHQ´ 7HNHQHUJLQJLQVHLQ=LPPHUOHJWHVLFKDXIGDV%HWWXQGVFKOLHIVRIRUWHLQ'HU 0DQQ PLW GHP 5RERWN|USHU HPSILQJ DXI GHU *HKHLPZHOOH HLQHV VHLQHU HLQJHEDXWHQ )XQNJHUlWHHLQH,QIRUPDWLRQ6LHODXWHWH ³$XHUKDOE GHU 6WDGW LP 6GHQ EHILQGHW VLFK LQ HLQHP GHU 1DWXUVFKXW]JHELHWH HLQ :RKQKDXV 6HKU PRGHUQ KDOE LQ GHQ $EKDQJ KLQHLQJHEDXW 'RUW PHVVHQ ZLU VWlQGLJ GLH 6FKRFNV HLQHV 7UDQVPLWWHUV DQ (EHQ KDEHQ ZLU GLH *HZLKHLW GD ,UJHU 0DQ\WH\OGHU*HKHLPGLHQVWFKHILQGLHVHP+DXVYHUNHKUWXQGKlXILJGRUWEHUQDFKWHW 9LHOOHLFKWNDQQGLHVH,QIRUPDWLRQVSlWHUYHUZHQGHWZHUGHQ´

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

.HQQRQEUXPPWH ³'DQNH´ (UJLQJKLQHLQZHFNWH7HNHQHUXQGEHULFKWHWHLKPZDVHUHEHQJHK|UWKDWWH6LH EHLGHNRQQWHQGLHVH,QIRUPDWLRQQLFKWLQWHJULHUHQXQGGLH9HUELQGXQJ]ZLVFKHQHLQHP *HKHLPGLHQVWFKHI HLQHP +DXV XQG HLQHP 7UDQVPLWWHU KDWWH ZDKUVFKHLQOLFK GXUFKDXV KDUPORVH%HGHXWXQJ2GHUDXFKQLFKW ,QHLQHPDQGHUHQ=XVDPPHQKDQJZDUGLH,QIRUPDWLRQYLHOOHLFKWZLFKWLJ*HUDGH DOV7HNHQHUVLFKLP%DGHUIULVFKHQZROOWHVXPPWHGDV%LOGJHUlW (UGUHKWHVLFKXPGUFNWHGLH7DVWHXQGVDKGHQ.RSIGHV0lGFKHQVYRUVLFK GDVLKQLQGHQ6WDGWSDODVWGHU0\ODG\KLQHLQJHODVVHQKDWWH ³0LVWHU 7HNHQHU´ VDJWH VLH XQG OlFKHOWH LKQ ZHVHQWOLFK IUHXQGOLFKHU DQ DOV YRU HLQHP7DJ³LFKYHUELQGH6LHPLW(VKUD<WURP\Q´ ³,FKELWWHVHKUGDUXP´VDJWHHUXQGVHW]WHVLFK 'DV%LOGZHFKVHOWHXQGHUVDKGLHMXQJH)UDXQHEHQGHP6FKUHLEWLVFKVWHKHQ (UKREJUHQGGLH+DQGXQGVDJWH ³0LW HLQLJHU hEHUUDVFKXQJ VFK|QVWH 0\ODG\ KDEH LFK JHVHKHQ GD 6LH VLFK PHLQH)UDJHQRGHU%LWWHQ]X+HU]HQJHQRPPHQKDEHQ´ 6LHUXQ]HOWHGLH6WLUQXQGIUDJWHEHUUDVFKW]XUFN ³:LHPHLQHQ6LHGDV"´ ³1XQ LFK HQWVLQQH PLFK HLQLJH 1DFKULFKWHQ JHK|UW ]X KDEHQ 6LH IRUGHUQ GLH $XIO|VXQJ GHU 5HJLHUXQJ XQG 1HXZDKOHQ 6LH IDQJHQ HLQH JURDQJHOHJWH .DPSDJQH DQGLHGDV=LHOKDWDOOH.RQNXUUHQWHQDXVGHP:HJ]XUlXPHQ´ ³6RlKQOLFK´VDJWHVLH³$EHULFKULHIHLJHQWOLFKDXVHLQHPDQGHUHQ*UXQGDQ´ ³,FKELWWHLKQ]XQHQQHQ´ ³0HLQH 5HJLHUXQJVJHVFKlIWH KDEHQ PLFK EHUIRUGHUW´ VDJWH VLH 'DEHL PDFKWH VLHHLQHQDXVJHVSURFKHQIULVFKHQXQGDXVJHUXKWHQ(LQGUXFN³,FKKDEHLP6GHQHLQH NOHLQH,QVHOXQGHLQ6HJHOERRW9LHOOHLFKWN|QQHQZLUHLQLJH*HVSUlFKHGLHEHLGH7HLOH EHIULHGLJHQXQWHUGHUVGOLFKHQ6RQQHIKUHQ´ ³6LHODGHQPLFKXQGPHLQHQ)UHXQGHLQ"´IUDJWHHUGLUHNW ³,FKZUGHPLFKIUHXHQ´ ³:LUNRPPHQPLW9HUJQJHQ´HUNOlUWHHU³1XUILQGHQZLUYHUPXWOLFKQLFKWDOOHLQ KLQ´ 6LHYHUVSUDFK ³,FKODVVH6LHDEKROHQ+HXWHVSlWDEHQGV":LUN|QQHQLQGHU-HWHLQHQNOHLQHQ ,PELQHKPHQ´ (UZHGHOWHPLWGHU+DQGXQGVDJWH ³*HJHQ GDV (VVHQ GHV 3ODQHWHQ 5XG\Q KDEH LFK HWZDV 6FKRQ KHXWH PLWWDJ ZROOWHPDQPLFKYHUJLIWHQ*HEHQ6LHPLU,KU:RUWGD6LHQLFKWVLQGLHVHU$UWSODQHQ"´ 6LHDQWZRUWHWHPLWHLQHPNOHLQHQ/DFKHQ ³,FKSIOHJH0lQQHUGLHPLFKLQWHUHVVLHUHQVWHWVPLW+DDUQDGHOQ]XHUVWHFKHQ´ 7HNHQHUZDUXQDQJHQHKPEHUKUW ³:LHVWLOORV´VDJWHHU³:LUQHKPHQGLH(LQODGXQJGDQNHQGDQXQGZHUGHQKHXWH DEHQGPLWHLQJHSDFNWHQ=DKQEUVWHQDP+RWHOHLQJDQJZDUWHQ´ ³,FKIUHXHPLFK´PHLQWHGLH0\ODG\XQGVFKDOWHWHDE 7HNHQHU EOLHE QDFKGHQNOLFK XQG LUJHQGZLH YHUEOIIW VLW]HQ (U ZXUGH GXUFK GHQ 6XPPHUGHU7UDXVVHLQHQ*HGDQNHQJHULVVHQ(UOHJWHGLH+DQGDQGHQ*ULIIVHLQHU

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

:DIIHJLQJ]XU7UXQGGUFNWHGHQ.RQWDNW'LH3ODWWHVFKREVLFKIDVWJHUlXVFKORVLQ GLH0DXHU]XUFN 7HNHQHUOlFKHOWHJULPPLJXQGWUDWGDQQ]ZHL6FKULWWH]XUFN ³(LQ8QJOFNNRPPWVHOWHQDOOHLQ´VDJWHHU³:LOONRPPHQ,UJHU0DQ\WH\O´ ,UJHUEHGHXWHWHVHLQHQYLHU%HDPWHQLP+RWHONRUULGRU]XZDUWHQQLFNWH7HNHQHU ]XXQGEHWUDWGHQ5DXP7HNHQHUGHXWHWHDXIHLQHQ6HVVHOXQGIUDJWH ³:LHNRPPHLFK]XGHU(KUH,KUHV%HVXFKHV",FKNHQQH6LHDXV,OOXVWULHUWHQXQG %HULFKWHQXQGLFKZHLGDVLFKKLQWHU,KUHP&KDUPHXQG,KUHU/LHEHQVZUGLJNHLWHLQ KDUWHU.HUQDEHUHLQNRUUHNWHU%HDPWHQYHUVWDQGYHUEHUJHQ:DVJLEWHV"´ ³/HLGHU HLQ K|FKVW XQHUIUHXOLFKHU $QOD 0LVWHU 7HNHQHU ,VW ,KU )UHXQG ]XIlOOLJ DQZHVHQG"´ ³(U LVW LQ VHLQHQ 5lXPHQ´ HUZLGHUWH 7HNHQHU (U UHFKQHWH PLW GHP 9HUVXFK VHLQHU9HUKDIWXQJ ³,FKKDEH8QWHUODJHQEHLPLU´VDJWH,UJHUOHLVH³EH]LHKXQJVZHLVHGHUHQ.RSLHQ 6LHEHZHLVHQGD6LHQDFK5XG\QJHNRPPHQVLQGXPVLFKHLQHU8PVWXU]EHZHJXQJ DQ]XVFKOLHHQ´ 7HNHQHUOHKQWHVLFKJHJHQGLH:DQGXQGODFKWHVFKDOOHQG ³(VZlUHHLQH%HOHLGLJXQJIU6LH,UJHU´VDJWHHUNRSIVFKWWHOQG³ZHQQ6LHHLQH VROFKH$QVFKXOGLJXQJWDWVlFKOLFKJODXEHQZUGHQ'D]XVLQG6LHHLQIDFK]XLQWHOOLJHQW :RKHUKDEHQ6LHHLQHVROFKHXQVLQQLJH%HZHLVIKUXQJ"´ ³,FK ZHUGH ,KQHQ PHLQH ,QIRUPDQWHQ QLFKW QHQQHQ´ VDJWH ,UJHU XQG NORSIWH PLW GHU IODFKHQ +DQG DXI VHLQH %UXVWWDVFKH ³5HWPRU YRQ (SURLD GHU HUPRUGHWH $NRQH ZROOWHVLFKPLW,KQHQKLHUWUHIIHQ$NRQLVFKH0DFKWJUXSSHQGLHRIIHQVLFKWOLFKYRQ(VKUD <WURP\QXQWHUVWW]WZHUGHQSODQHQGDV235$/]XVWU]HQXQGGLH5HJLHUXQJVJHZDOW EHUGLH=HQWUDOJDODNWLVFKH8QLRQ]XEHUQHKPHQ´ ³'DV LVW LPPHUKLQ HUVWDXQOLFK´ VDJWH 7HNHQHU XQG JLQJ DXI GHQ %LOGVFKLUP ]X ³8QG ZLH ZUGH GLH $QNODJH ODXWHQ YRUDXVJHVHW]W 6LH HQWEO|GHQ VLFK QLFKW VLH YRU]XOHVHQ"´ 0DQ\WH\OVDJWHKDOEODXW ³:LUKDEHQ]XHUVWHLQH0HQJHYRQ)XQNVSUFKHQDEJHIDQJHQ'RUWZHUGHQ]ZDU NHLQH 1DPHQ JHQDQQW DEHU GHU 3ODQ ODJ QDFK GHU 'HNRGLHUXQJ NODU YRU XQV 'DQQ ZXUGH ,KUH $QNXQIW EHREDFKWHW $QVFKOLHHQG EHVXFKWHQ 6LH (VKUD <WURP\Q GLH HLQ]LJHGLHHLQHHFKWH9HUELQGXQJ]X$NRQKHUVWHOOHQNDQQ$QVFKOLHHQGZXUGHQ6LH XQG ,KU )UHXQG EHREDFKWHW ZLH 6LH VLFK PLW LQVJHVDPW QHXQ]HKQ YHUVFKLHGHQHQ :LUWVFKDIWOHUQ XQG .DXIOHXWHQ JHWURIIHQ KDEHQ :LU YHUPXWHQ GD GLHV GLH 0LWJOLHGHU HLQHV6SLRQDJHNUHLVHVVLQG´ 7HNHQHUZLQNWHJHODQJZHLOWDE ³0LW GLHVHQ %HZHLVHQ N|QQHQ 6LH QLFKW HLQPDO HLQHQ JDQ] 'XPPHQ IDQJHQ ,UJHU 'DV LVW HLQH SOXPSH 'HQXQ]LDWLRQ 'DV LVW VFKRQ IDVW DQVW|LJ ZLH GXPP GDV DOOHVDUUDQJLHUWLVW(UVWHQV 5XIHQ6LHEHL1RQRV*QRPRQDQHLQHPPHLQHU)UHXQGH(UZLUG,KQHQVDJHQ ZDUXP LFK KLHU ELQ 0LW GHQ )XQNVSUFKHQ N|QQHQ 6LH QLFKW HLQPDO HLQHP DQDOSKDEHWLVFKHQ6WDDWVDQZDOWHLQHQ+DXVGXUFKVXFKXQJVEHIHKODEEHWWHOQ =ZHLWHQV %DVLOLXV.DWDQ]DU\GHVXQG+ROJHU3LOJUHPZDUHQGLHHUVWHQ:LUWVFKDIWOHUGLHZLU DQULHIHQ XQG EHVXFKWHQ $OV ZLU GDV +RWHO YHUOLHHQ KHIWHWH VLFK HLQ 0DQQ DQ XQVHUH

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

)HUVHQXQGEHJOHLWHWHXQVELVZLUZLHGHUKLHUHLQWUDIHQ´ 7HNHQHU JLQJ KLQEHU ]XP 7LVFK |IIQHWH HLQH NOHLQH 0DSSH XQG ]RJ HLQLJH GUHLGLPHQVLRQDOH)DUESKRWRVKHUDXV(UJDEHLQHVGDYRQ,UJHU ³'LHVHU0DQQLVWHV'UHKHQ6LHGDV%LOGELWWHXP´ 'RUWVWDQGHQLQNRUUHNWHU'UXFNVFKULIW1DPHQ'DWHQXQG%HUXIGHV0DQQHV(U ZDU HLQ ]LYLOHU $QJHK|ULJHU GHV *HKHLPHQ .DONXODWLRQVNRPPDQGRV (U ZLHGHUXP ZDU YRQHLQHUNOHLQHQ*UXSSHYRQ862XQG6RO$E/HXWHQYHUIROJWZRUGHQ ³,FK YHUVWHKH QLFKW´ VDJWH ,UJHU XQG lUJHUWH VLFK $EHU HU EHKHUUVFKWH VLFK DXVJH]HLFKQHW ³1DWUOLFK YHUVWHKHQ 6LH ,KU HLJHQHU 0DQQ EHVFKDWWHWH XQV XQXQWHUEURFKHQ (U LVW XQVHU .URQ]HXJH²ZLU KDEHQ QLFKWV JHWDQ ZDV HU QLFKW ZXWH 1XU GLH *HVSUlFKH NRQQWHHUIUFKWHLFKQLFKWDEK|UHQ8QGZHQQ6LHHVWDWVlFKOLFKZDJHQVROOWHQHLQHQ 5HHGHUZLH%DVLOLXV]XYHUGlFKWLJHQHUSODQHPLWPLU.HQQRQXQGHLQHPDNRQLVFKHQ $GPLUDO ]XVDPPHQ HLQHQ $QVFKODJ DXI GLH HKUEDUHQ VLFK JHJHQVHLWLJ HUPRUGHQGHQ .DOIDNWRUHQGDQQHUOHEHQ6LHGLHJU|WH1LHGHUODJH,KUHU.DUULHUH8QGVLFKHUDXFKGLH OHW]WH,UJHU ,FKELWWH6LHLQ,KUHPHLJHQHQ,QWHUHVVH%ODPLHUHQ6LHVLFKXQGVRPLWDXFK,KUH 2UJDQLVDWLRQ QLFKW LQ HLQHP VROFKHQ 0D 6LH VLQG GDV ELHWHW VLFK ,KQHQ DOV µ5FN]XJVP|JOLFKNHLW DQ HLQHU 5HLKH YRQ IDOVFKHQ ,QIRUPDWLRQHQ XQG E|VZLOOLJHQ %HVFKXOGLJXQJHQDXIJHVHVVHQ´ ,UJHUVWDQGDXIXQGVWHFNWHGDV%LOGHLQ ³6LHN|QQHQHVEHKDOWHQ´VDJWH7HNHQHU³,FKKDEHQRFKPHKUVROFKHU6DFKHQ 6LH ZLVVHQ GD .HQQRQ XQG LFK QLFKW JHUDGH YRQ JHVWHUQ VLQG ,FK QHKPH ,KUH (QWVFKXOGLJXQJDQ´ ,UJHU QLFNWH DQHUNHQQHQG (U ZDU XQWHU GHU 'HFNVFKLFKW VHLQHV NRUUHNWHQ %HWUDJHQV KDUW ZLH *UDQLW +LHU DEHU PXWH HU VWLUQUXQ]HOQG HUNHQQHQ GD HU HLQH 1LHGHUODJH HUOLWWHQ KDWWH (U VDK HLQ GD HU ZUGH HU GLHVH $QVFKXOGLJXQJ ODXW DXVVSUHFKHQVLFKXQP|JOLFKPDFKHQZUGH²]XYLHOHHLQIOXUHLFKH0lQQHUVRJDUHLQ .DOIDNWRUVWDQGHQKLQWHU.HQQRQXQG7HNHQHU ³,FK KRIIH´ VDJWH HU XQG OlFKHOWH YHUELQGOLFK ³LFK KDEH 6LH QLFKW ]X VHKU YHUlUJHUW´ ³(VKLHOWVLFKLQ*UHQ]HQ´VDJWH5RQDOGXQGVWUHFNWHGLH+DQGDXV ³,FK ZQVFKH ,KQHQ EHLGHQ QRFK HLQHQ VFK|QHQ HUOHEQLVUHLFKHQ $XIHQWKDOW DXI 5XG\Q´VDJWH,UJHUXQGJLQJ]XU7U ³,FK PDJ 5XG\Q QLFKW EHVRQGHUV´ PXUPHOWH 7HNHQHU XQG QLFNWH ,UJHU ]X 'DQQ JLQJ HU LQV %DG XQG SXW]WH VLFK GLH =lKQH (U KDWWH HLQHQ VFKOHFKWHQ *HVFKPDFN LP 0XQG ³:DUXPEHLDOOHQ6RQQHQLP.RVPRV´VDJWHHUXQGEHWUDFKWHWHVLFKLP6SLHJHO ³YHUVXFKWDXVJHUHFKQHW,UJHU0DQ\WH\OKHXWHEHLXQVHLQHVROFKH$NWLRQ":DUXPZLOOHU XQVYHUKDIWHQ"´ 9HUPXWOLFK GDFKWH 7HNHQHU HKH HU VLFK IU GLH (LQODGXQJ DXI GLH ,QVHO XP]RJ ZDUDXFKHULUJHQGZLHGDV:HUN]HXJHLQHV8QEHNDQQWHQGHU7HNHQHUHUPRUGHQXQG DOVGLHVIHKOJHVFKODJHQZDUYRUEHUJHKHQGDXVGHP9HUNHKUJH]RJHQVHKHQZROOWH 'LH(UHLJQLVVHVFKLHQHQVLFKQXQPHKUZLUNOLFK]XEHUVWU]HQ 'UHL 6WXQGHQ VSlWHU KROWH HLQ 5HJLHUXQJVJOHLWHU GLH EHLGHQ )UHXQGH DE 6HOEVWYHUVWlQGOLFKKDWWH.HQQRQSHU)XQNGLH862.DPHUDGHQYHUVWlQGLJW,P*OHLWHU

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

VD -HUL XQG EUDFKWH 6LQFODLU XQG 5RQDOG ]X HLQHU VFKQHOOHQ -HW 'RUW HUZDUWHWH GLH EHLGHQ(VKUD'LH-HWVWDUWHWHXQGZDUNXU]H=HLWVSlWHULQGHU/XIW 'LH,QVHOZDUQLFKWVHKUJURDEHUVLHJDOWXQWHUDOOHQ,QVHOFKHQGLHVHV$UFKLSHOV DOVGLHVFK|QVWH3DOPHQlKQOLFKH%lXPH HLQ]ZLVFKHQGHP*UQ YHUERUJHQHV+DXV HLQH 0HQJH 5RERWHU XQG HLQ NOHLQHV VFKQHOOHV 6HJHOERRW $XI GHP 'DFK GHV IODFKHQ +DXVHVJDEHVHLQH/DQGHIOlFKHIUGLH-HW(LQVFKPDOHUZHLHU6WHJIKUWHEHUGDV .RUDOOHQULIIKLQDXVLQV0HHU %H]HLFKQHQGIUGLH(LQVWHOOXQJ(VKUD<WURP\QVDEHUZDUGLH7KHUH\V6LHVDK DXV ZLH HLQH .UHX]XQJ ]ZLVFKHQ 6SLQQH XQG 5DQNHQJHZlFKV GXUFKPD HWZD IQI 0HWHU XQG ZDU HLQH H[RWLVFKH 3IODQ]HQEHVWLH 6LH HUQlKUWH VLFK YRQ 5DXE JOHLFKHUPDHQ ILQJ VLH PLW LKUHQ ODQJHQ SHLWVFKHQlKQOLFKHQ 1HVVHOIlGHQ NOHLQH XQG JURH 7LHUH XQG IUD DXFK HEHQIDOOV GLH lW]HQGHQ XQG NOHEULJHQ .|USHUVlIWH HLQVHW]HQGJHZLVVH3IODQ]HQGLHVLH]XU$VVLPLOLDWLRQEUDXFKWH'LHSIODQ]OLFKH%HVWLH ZDU RKQH ,QWHOOLJHQ] DEHU VLH YHUIJWH EHU HLQH UHLFKKDOWLJH 6NDOD YRQ 5HIOH[HQ NRQQWH OHEHQGH YRQ WRWHU 0DWHULH XQWHUVFKHLGHQ XQG JLQJ JUXQGVlW]OLFK DXI DOOHV ORV GDVHEDUZDU 1XU QLFKW DXI (VKUD²GLH MXQJH )UDX NRQQWH VLFK PLW GHP 6FKXW] HLQHV VWDUNHQ (QWODGXQJVVWDEHVGHU7KHUH\VQlKHUQ 'LH 7KHUH\V UHVSHNWLHUWH (VKUD ZHJHQ GHU 6FKPHU]HQ GLH GHU 6WDE ]XIJHQ NRQQWH 8QG GDV HLQ]LJH ZDV VLH EHHLQIOXVVHQ NRQQWH ZDU 6FKPHU] +LW]H .lOWH VWDUNH(OHNWURVFKRFNV

7HNHQHU VSUDQJ LQ GHQ 6DQG KLQXQWHU +LQWHU LKP NDP .HQQRQ XQG GUHKWH VLFK ODQJVDP XP 5RQDOG ZXWH GD GLH JHKHLPHQ *HUlWH VHLQHV )UHXQGHV GLH JHVDPWH 8PJHEXQJ DEVXFKWHQ XQG NRQWUROOLHUWHQ RE *HIDKU EHVWDQG 'DQQ QLFNWH .HQQRQ VHLQHP )UHXQG ]X XQG 5RQDOG UHLFKWH (VKUD GLH +DQG DOV VLH DXVVWLHJ (U KDOI DXFK -HUL 6LH JLQJHQ GLH EUHLWH 5DPSH KLQXQWHU ]XP +DXV GHVVHQ (LQJDQJ DXI GHU 6GVHLWH ODJ 'LH HUVWHQ $Q]HLFKHQ GHU NRPPHQGHQ 1DFKW EHUIOXWHWHQ PLW LKUHU )DUEHQSUDFKWGHQ+LPPHO'LH6RQQHJLQJXQWHU(LQZDUPHUVWHWLJHU:LQGEOLHVJHJHQ GLH,QVHO (VKUDIUDJWH ³-HULNDQQVLFKXPGDV(VVHQNPPHUQXQG,KU)UHXQGNDQQLKUKHOIHQ0|FKWHQ 6LHPLWPLUHLQHQNOHLQHQ$XVIOXJPLWGHP%RRWPDFKHQ".|QQHQ6LHVHJHOQ"´ 'DQQZLUGGDV(VVHQDOVRQLFKWYHUJLIWHWVHLQGDFKWH7HNHQHU(UVDJWH ³,FKNDQQVHJHOQ,FKPDFKHPLW)UHXGHPLW´ ³)HLQ´ :lKUHQG GHU ZHQLJHQ 6WXQGHQ GHV VFKQHOOHQ )OXJHV KDWWH VLFK (VKUD GHXWOLFK VLFKWEDU IU MHGHQ LKUHU %HJOHLWXQJ YHUlQGHUW 6LH IDQG 7HNHQHU IDV]LQLHUHQG XQG 7HNHQHU ZXWH ZDV HU YHUVXFKW XQG ]ZHLIHOORV DXFK JHWDQ KlWWH ZHQQ GLHVH MXQJH

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

)UDX QLFKW DXV GHP .UHLV GHU .DOIDNWRUHQ NRPPHQ ZUGH 8QG ZHQQ VLH QLFKW XQ]ZHLIHOKDIWLQ%H]LHKXQJ]XGHQWHUUDIHLQGOLFKHQ$NWLRQHQJHEUDFKWZHUGHQN|QQWH -HGHQIDOOV ZDU ]ZLVFKHQ LKQHQ HLQH XQDXVJHVSURFKHQH DEHU GHXWOLFKH =XQHLJXQJJHZDFKVHQ5RQDOGVDJWHKDOEODXW ³=LHKHQZLUXQVXP²LFKPDFKHGDQQGDV%RRWNODU´ ³'DQNH5RQDOG.RPPHQ6LHLQV+DXV´ (U VDK HLQHQ $XJHQEOLFN KLQEHU ]XP 6WHJ ZR GHU 0DVW GHV NOHLQHQ ZHLHQ %RRWHVLQGHUODQJHQ'QXQJKLQXQGKHUSHQGHOWH(U]RJ%RRWVVFKXKHDQHLQHGQQH +RVH HLQH 6HJHOMDFNH QDKP HLQHQ 'ULQN QDFKGHP .HQQRQ JHNRVWHW KDWWH XQG IOVWHUWH ³*HIDKUHQ"´ .HQQRQ VFKWWHOWH GHQ .RSI 7URW]GHP ZXWH 7HNHQHU DOV HU .HQQRQ VFKlUIHU DQVDK GD HV KLHU DXI GHU ,QVHO HLQH RGHU PHKUHUH )DOOHQ JDE².HQQRQ DKQWH VLH I|UPOLFK 7HNHQHU VWHFNWH VHLQH :DIIH LQ GLH 7DVFKH GHU 6HJHOMDNNH YHUVFKOR GLH 7DVFKHXQGJLQJKLQDXVDXIGHQ6WHJ(U]RJGLH3HUVHQQLQJYRP*URVHJHOVSDQQWH GLH 9HUVWUHEXQJHQ QDFK NOLQNWH GLH )RFN HLQ XQG EHOHJWH VLH EHLGVHLWLJ DQ GHQ &XUU\NOHPPHQ'DQQNRQWUROOLHUWHHUGLH5XGHUOLHGHQNOHLQHQ)ODXWHQVFKLHEHUPRWRU DQVSULQJHQXQGVDKGLH9RUUlWHGHUNOHLQHQ%DUGXUFK %LVKHUKDWWHHUVLFKJHJHQEHU(VKUDKLQWHUVHLQHU$UURJDQ]XQG'LVWDQ]LHUWKHLW YHUVFKDQ]W (U NRQQWH VLFK LP =XVDPPHQKDQJ PLW GHQ 0RUGHQ DXI 5XG\Q NHLQH 5RPDQ]HOHLVWHQ (VKUD NDP EHU GHQ 6WHJ 6LH WUXJ HEHQIDOOV 6HJHONOHLGXQJ 5RQDOG VWLH GDV %RRW KDOE DE ILQJ GLH MXQJH )UDX DXI DOV VLH DQ 'HFN VSUDQJ 'DQQ OLHI GDV %RRW ODQJVDPDXV'LH6HJHOZXUGHQYRQ5RQDOGJHVHW]WZlKUHQG(VKUDVWHXHUWH 'DV %RRW QDKP )DKUW DXI XQG JOLWW GXUFK GLH :HOOHQ 7HNHQHU VHW]WH VLFK LQV +HFNXQGJULIIQDFKGHPYLHOVSHLFKLJHQ5LQGHUUDG (UVDJWHOHLVH ³+|UHQ 6LH 0lGFKHQ²LFK JHQLHH GLHVH 6WXQGH QXU HWZDV ZHQLJHU DOV ,KUH *HJHQZDUW$EHULFKELQLQHLQHUJHIlKUOLFKHQ0LVVLRQDXI5XG\Q0|FKWHQ6LHQLFKWPLW PLU]XVDPPHQDUEHLWHQ"´ 6LHUXWVFKWHDXIGHUJHSROVWHUWHQ%DQNQDKHDQLKQKHUDQXQGOHKQWHVLFKJHJHQ 6HLQH6FKXOWHU ³(V NRPPW DXI GLH $UW GHU =XVDPPHQDUEHLW DQ &RUN 9ROWDUD VDJW LPPHU GD DOOHVVHLQHQ3UHLVKDW´ ³,KU3UHLVZLUGZHQQ6LHVLFKQLFKWLQGHQ6FKXW]PHLQHU2UJDQLVDWLRQVWHOOHQPLW HLQLJHU6LFKHUKHLWGHU7RGVHLQ´ 5RQDOG OHJWH VHLQHQ $UP VHKU YRUVLFKWLJ XP LKUH 6FKXOWHUQ )DVW ODXWORV VFKR GHU%XJGHV%RRWHVGXUFKGLH:HOOHQ'LH6FKDOHVHW]WHZHLFKLQGLH:HOOHHLQ ³'DVNDQQLFKQLFKWJODXEHQ(KHLFKLQGLHVH/DJHNRPPHZLUG&RUNHLQJUHLIHQ (ULVWGHUOR\DOVWH0DQQGHQLFKNHQQH´ ³:LUVROOWHQKHXWHYHUJLIWHWZHUGHQ´VDJWH7HNHQHUGVWHU³'DV]HLJWGDMHGHU GHU VLFK PLW GLHVHU $QJHOHJHQKHLW EHVFKlIWLJW HLQ SRWHQWLHOOHV 2SIHU LVW ,Q]ZLVFKHQ JODXEHLFKGDGLH.DOIDNWRUHQXQWHUHLQHP'UXFNYRQDXHQVWHKHQ´ 'LH EHKXWVDPH $EZHKU 7HNHQHUV VFKLHQ (VKUD ]X UHL]HQ 6LH ZDU ]X NOXJ XP QLFKW ]X ZLVVHQ GD 5RQDOG XQG VHLQ VFKZHLJVDPHU )UHXQG LQ HLQHU NODU XPULVVHQHQ 0LVVLRQKLHUZDUHQ6LHEUDXFKWHQGHQ(UIROJLKUHU$NWLRQHQ8QGVLHZDUHLQH6WXIH]X

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

GLHVHP(UIROJ:LHGHUHLQPDOEHGDXHUWHVLHGDVLHVLFKLQGDV$EHQWHXHUHLQJHODVVHQ KDWWHGDPDOVDOVGLHHUVWHQ$WWHQWDWH 6LHZDUHQHLQLJH6WXQGHQJHVHJHOW7HNHQHUGUHKWHGHQ.RSIXQGVDKZHLWKLQWHU VLFK GDV 'UHKOLFKW DXI GHP WHOHVNRSLVFK DXVJHIDKUHQHQ 0DVW DP K|FKVWHQ 3XQNW GHU ,QVHO ³.ODU EHL :HQGH´ VDJWH HU O|VWH GLH )RFNVFKRW XQG ZDUI GDV %RRW KHUXP .QDOOHQGVFKOXJHQGLH6HJHOIOOWHQVLFKGHU*UREDXPVFKZDQJKHUXPXQGGDV%RRW JLQJDXI*HJHQNXUV ³$XHUGHP´ VDJWH HU XQG IKOWH LKUH )LQJHU LQ VHLQHP +DDU ³ZROOWH ,UJHU PLFK YHUKDIWHQ 0HLQHQ )UHXQG XQG PLFK :LU ZXUGHQ EHVFKXOGLJW PLW 5HWPRU YRQ (SURLD HLQHQ8PVWXU]YHUVXFKW]XKDEHQ´ %HLGHQ1DPHQ,UJHUXQG5HWPRU]HUEUDFKGLH%HKHUUVFKXQJGHUMXQJHQ)UDXIU HLQLJH 6HNXQGHQEUXFKWHLOH ,KU .|USHU ZXUGH VWHLI ORFNHUWH VLFK ZLHGHU 6LH NWH 7HNHQHUDXIV2KUXQGVDJWH ³,UJHU0DQ\WH\OLVWHLQVFKZHUGXUFKVFKDXEDUHU0HQVFK´ 7HNHQHUUHDJLHUWHVHKUVFKQHOO(UZXWHQXQPHKUGDDXFK,UJHULQGHQ.UHLV GHUHU ]X QHKPHQ ZDU GLH IU GLH $WWHQWDWH YHUDQWZRUWOLFK ZDUHQ (U IKOWH VLFK GHU /|VXQJGHV5lWVHOVVHKUQDKH ³&RUNLVWGHLQ)UHXQG(VKUD"´IUDJWHHU (UNDQQWHGHQ0DQQPLWGHU%DVWLPPHXQGGHQOHXFKWHQGEODXHQ$XJHQ ³-D (LQHU PHLQHU ZHQLJHQ GLH QLFKW IU LKUH )UHXQGVFKDIW EH]DKOW ZHUGHQ ZROOHQ´VDJWHVLH7HNHQHUOLHGDV5XGHUORVXQGNWHVLH ³:DUXP VFKZHLJVW GX MHGHVPDO ZHQQ LFK GLH 1DPHQ GHU .DOIDNWRUHQ ZLVVHQ P|FKWH"´PXUPHOWHHULQLKUHP+DDU ³.WGXPLFKGHVZHJHQQXU"´IUDJWHVLH]XUFN ³1HXQ=HKQWHOVLQG%HJHLVWHUXQJ´JDEHU]X³DEHUHLQ=HKQWHOLVW%HUHFKQXQJ (LQlKQOLFKHU:HUWZLHEHLGLU6FK|QVWH´ 'DV%RRWNUHX]WHODQJVDPJHJHQGHQ:LQGDXIGLH,QVHO]X (VKUDPHLQWH ³,FK EHGDXUH GHLQHQ :XQVFK QLFKW HUIOOHQ ]X N|QQHQ (V KlQJW DOOHV ]XVDPPHQ HV LVW DOOHV HLQ XQO|VEDUHV *HIOHFKW ZLH GLH WDXVHQG $UPH GHU 7KHUH\V :HQQ GX DXV HLQHP JHZDOWLJHQ %DXZHUN GDV LQ ODELOHP *OHLFKJHZLFKW VWHKW HLQHQ 6WHLQKHUDXVQLPPVWEULFKWDOOHV]XVDPPHQ´ 7HNHQHUNRQWHUWH ³(V LVW QLFKW VFKDGH GDUXP ZHQQ GLH YLHOHQ K|FKVW DQVWlQGLJHQ 3ODQHWHQ GHU =*8 HLQH 5HJLHUXQJ EHNRPPHQ GLH ZHQLJHU NRUUXSW DOV GLH KHXWLJH LVW²GX QDWUOLFK DXVJHQRPPHQ´ ³$EHU GDV HQWVWHKHQGH &KDRV ZLUG $EHQWHXUHU KRFKVFKZHPPHQ GLH QRFK VNUXSHOORVHUVLQGDOVGLH.DOIDNWRUHQ²PLFKDXVJHQRPPHQ´HUNOlUWHVLHOlFKHOQG ³:LU VROOWHQ QLFKW YHUJHVVHQ GD GLH .DOIDNWRUHQ GXUFK SHUV|QOLFKH :DKO LQVWDOOLHUWZHUGHQ´ ³8QGGDQXUGHU7RGVLHDXVGHQbPWHUQYHUGUlQJHQNDQQ´VDJWHVLH 0LWWHQ LQ GHU 1DFKW OHJWHQ VLH DQ 7HNHQHU VLFKHUWH GDV %RRW NLSSWH GLH *HWUlQNHUHVWH DXV GHQ *OlVHUQ EHOHJWH GLH 6HJHO XQG GDV 5XGHU XQG VFKODQJ HLQLJH .QRWHQLQGLH7DPSHQ'DQQJLQJHQVLH+DQGLQ+DQGEHUGHQ6WHJDXIGDV+DXV]X KLQWHU GHVVHQ )HQVWHUQ /LFKW ZDU (V JDE QXU GUHL %HGLHQVWHWH KLHU DXHU -HUL²HLQHU

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

ZDUHLQ9HUELQGXQJVPDQQ]XU862 .QLUVFKHQG EHZHJWHQ VLFK GLH )H GHU EHLGHQ 0HQVFKHQ GXUFK GHQ IHXFKWHQ 6DQG9RQUHFKWVNDPHLQ5DVFKHOQ(VKUDULVLFKORVXQGVDJWHHUVFKURFNHQ ³'LH7KHUH\V8QGLFKKDEHGHQ6WDEQLFKWEHLPLU´ 7HNHQHUULGLH7DVFKHGHU-DFNHDXIKROWHGLH:DIIHKHUDXVXQGIUDJWHNXU] ³:HULVW7KHUH\V"´ ³(LQHKDOE]DKPH3IODQ]HQEHVWLH6LHIULW)OHLVFK´ (UQDKPGLH+DQGGHUMXQJHQ)UDXXQGOLHIDXIGDV+DXV]X'UHLKXQGHUWIQI]LJ 0HWHU'LH7KHUH\VRUWHWH]ZHLJURHPLW%OXWXQG1lKUVWRIIHQJHIOOWH/HEHZHVHQXQG UDQQWHDXILKUHQGQQHQ6WHFKZXU]HOQORV$OVVLHGLHOHW]WHIURVFKEHLQlKQOLFKH:XU]HO DXVGHP6DQG]RJVFKQHOOWHQVFKRQLKUHHUVWHQ1HVVHOIlGHQGXUFKGLH/XIWXQGILHOHQ GLFKWKLQWHU7HNHQHUXQG(VKUDLQGHQ6DQG (VKUDNHXFKWHDXI ³6LHLVWVFKQHOOHUDOVZLU´ 7HNHQHUJDEGHU)UDXHLQHQ6WRXQGULHI ³.HQ´ (VKUDUDQQWHZHLWHUDXIGDV+DXV]XGHQIODFKHQ$EKDQJKRFKDXIGHPHLQHU GHU 5RERWV GDV 7UHLEJXW ]XVDPPHQJHUHFKW KDWWH 7HNHQHU EOLHE VWHKHQ ]LHOWH LQ GLH 'XQNHOKHLW XQG IHXHUWH ]ZHLPDO VFKQHOO KLQWHUHLQDQGHU (LQH DUPODQJH )ODPPH ]XFNWH DXV GHU :DIIH XQG HUOHXFKWHWH GLH 8PJHEXQJ 'DV /LFKW JHQJWH GD GHU ]ZHLWH 6FKXGLUHNWLQGDV*HZLUUYRQNQRUULJHQbVWHQGLHVLFKLQUXQGHQ*HOHQNHQEHZHJWHQ KLQHLQWUDI 7DXVHQG 3HLWVFKHQVFKQUH ]XFNWHQ 7HNHQHU HQWJHJHQ =ZHL GHU NOHEULJHQ 5DQNHQJOLWWHQYRQGHPJODWWHQ6WRIIGHU-DFNHDEXQGGLH'RUQHQULVVHQODQJH6FKQLWWH KLQHLQ:LHGHUIHXHUWH7HNHQHU (UVDK%OWHQGLHLKQZLHZHLWDXIJHULVVHQH$XJHQDQVWDUUWHQ 'DV GUHKWH HU VLFK KDOE KHUXP XQG OLHI DXI GDV +DXV ]X 9RQ REHQ NDP %HZHJXQJ(UK|UWH6FKUHLHXQG.RPPDQGRV:LHGHUIHXHUWHHU.UDFKHQGEDUVWHWZDV LQ GHU 3IODQ]H 6LH VSUWH 6FKPHU] XQG ³YHUJD´ GLH EUHQQHQGHQ VFKPRUHQGHQ 7HLOH LKUHVNRPSOL]LHUWHQ2UJDQLVPXV6LHEHZHJWHVLFK ZLH HLQH KXQGHUWEHLQLJH 6SLQQH DXI GHQ0DQQ]XZDUIXQXQWHUEURFKHQ6FKQUHDXVNDPQlKHUQlKHU 7HNHQHUV:DIIHIHXHUWHMHW]WXQXQWHUEURFKHQ (U VFKR DXI GLH :XU]HOIH GLH OHLFKW EHU GHQ 6DQG JOLWWHQ (U GXUFKWUHQQWH GLH6FKQUHWUDILQGLH%OWHQDXJHQ]HUIHW]WHXQGYHUEUDQQWHGLHODQJHQ)KOHU'DQQ VDK HU DXV GHP $XJHQZLQNHO ZLH DXV GHU RIIHQHQ 7U ]ZHL *HVWDOWHQ KHUDXVUDQQWHQ (LQHGDYRQZDU.HQQRQGHUPLWUDVHQGHU*HVFKZLQGLJNHLWEHUGHQ6DQGUDQQWHXQG VHLQH$UPHDXVVWUHFNWH9RQGHQ.XSSHQHLQLJHU)LQJHUO|VWHQVLFK6FKXW]KOOHQ ³5RQDOG´VFKULH(VKUDYRQREHQ (LQHU GHU 'LHQHU KDWWH HEHQIDOOV HLQH :DIIH LQ GHU +DQG XQG VFKR LQ GLH /XIW XPHWZDVHUNHQQHQ]XN|QQHQ .HQQRQ ZDU KHUDQ $XV VHFKV )LQJHUQ VWU|PWHQ QDGHOIHLQH 6WUDKOHQ 6LH ULFKWHWHQ VLFK DXI GHQ 3IODQ]HQNROR XQG ]HUVFKQLWWHQ LKQ ZR VLH WUDIHQ 7HNHQHU IHXHUWH QRFK LPPHU REZRKO VLFK PLQGHVWHQV ]ZDQ]LJ 1HVVHOVFKQUH XP LKQ JHOHJW KDWWHQXQGLKQXQEDUPKHU]LJQlKHU]RJHQ 'DQQOLHGHU'UXFNQDFK'LH6FKQUHILHOHQDEXQGULQJHOWHQVLFKLQGHU+LW]H ]XVDPPHQ 'LH *HVFKRVVH XQG GLH 6WUDKOHQ DXV GHQ :DIIHQ .HQQRQV 7HNHQHUV XQG GHV

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

'LHQHUVYHUHLQLJWHQVLFKXQGVFKPRO]HQGLH7KHUH\V]XVDPPHQ 7HNHQHUVDJWHPLWNQVWOLFKHU]ZXQJHQHU5XKH ³+DOW´ $XJHQEOLFNOLFK K|UWH GHU %HVFKX DXI 'LH 3IODQ]HQEHVWLH VWDUE GLH OHW]WHQ =XFNXQJHQLKUHV.|USHUVZXUGHQZLOGHUXQGZLOGHU'DQQHUIROJWHLQLKUHP,QQHUQHLQH KDUWH NUDFKHQGH 'HWRQDWLRQ GLH HLQH JUHOOH /LFKWIOXW IUHLVHW]WH 'LH %lXUQH XQG GHU 6WUDQGZXUGHQEHOHXFKWHW .HQQRQVDJWHKDOEODXWVHKUEHVWLPPW ³-HPDQGKDWDQGHP7LHUHLQ*HUlWEHIHVWLJWGDVJHZLVVH5HL]HDXVEWH-HW]W LVWGLHVHV*HUlWGHWRQLHUW(LQZHLWHUHU0RUGDQVFKODJ´ /DQJVDP ZDUHQ -HUL XQG (VKUD QlKHUJHNRPPHQ 'HU 'LHQHU ZDQGWH VLFK DQ 7HNHQHUXQGVDJWHODXW ³:LU KDEHQ DOOHV XQWHUQRPPHQ XP HLQHQ VROFKHQ =ZLVFKHQIDOO ]X YHUKLQGHUQ ,FKKDWWH,QIRUPDWLRQHQYRQGHQ0lQQHUQGHU8QLWHG6WDUV2UJDQL´ 7HNHQHUILQJVLFKDXJHQEOLFNOLFKXQGVDJWHVFKDUI ³,FK ELQ PHKU DOV YHUEOIIW GD VLFK VRJDU GLHVH XQWFKWLJH .RQNXUUHQ] KLHU HLQPLVFKW:DUXPHU]lKOHQ6LHDXVJHUHFKQHWPLUGLHVH(LQ]HOKHLWHQ"´ -HW]W EHJULII DXFK GHU 8629HUELQGXQJVPDQQ GD HU 'LQJH YHUUDWHQ KDWWH GLH QLHPDQGHQHWZDVDQJLQJHQ (VKUDGHXWHWHDXI.HQQRQXQGIUDJWH ³5RQDOG²ZDV LVW GLHVHU 0DQQ" ,FK KDEH JHVHKHQ ZLH DXV VHLQHQ )LQJHUQ 6WUDKOVFKVVHDEJHIHXHUWZXUGHQ´ 5RQDOGEUDXFKWHQLFKWODQJH]XEHUOHJHQ(UDQWZRUWHWH ³0HLQ )UHXQG KDW EHLGH 8QWHUDUPH YHUORUHQ (U WUlJW 3URWKHVHQ 8QG LQ HLQLJHQ )LQJHUQVLQGK|FKVWZLUNXQJVYROOH:DIIHQHLQJHEDXW6LHKDEHQGLUXQGPLUGDV/HEHQ JHUHWWHW´ .HQQRQ KLHOW VHLQH $UPH VR GD GLH DXVJHVWUHFNWHQ )LQJHU DXI GLH )UDX GHXWHWHQ'LH.ULVHVWUHEWHHLQHP+|KHSXQNWHQWJHJHQ ³*HKHQ ZLU ]XUFN LQV +DXV´ VDJWH -HUL ODXW XQG KXVWHWH 'LH hEHUUHVWH GHU 7KHUH\VNRKOWHQXQGHQWZLFNHOWHQWUlJHIHWWH5DXFKZRONHQ /DQJVDPEHZHJWHQVLHVLFK]XUFNLQV+DXV $OVVLFKGLH7UKLQWHULKQHQVFKRVDJWH(VKUDGLHVLFKODQJVDPIDWH ³,FKEUDXFKHHLQHQ6FKOXFN5RERW´ 7HNHQHU EOLHE VWHKHQ (U ZDU SO|W]OLFK DXV HLQHP LKP XQEHNDQQWHQ *HIKO DODUPLHUWXQGZDFKVDP6HLQ.UHLVODXIZDUYRQ$GUHQDOLQEHUIOXWHW(UKLHOWGLH:DIIH QRFK LPPHU LQ GHU +DQG -HUL VWDQG QHEHQ (VKUD (LQLJH 0HWHU YRQ LKU HQWIHUQW LP UHFKWHQ :LQNHO GD]X VWDQG .HQQRQ XQG ULFKWHWH HLQHQ $UP DXI GLH 0\ODG\ 'HU VFKUHFNHQVEOHLFKH 8620DQQ VWDQG OLQNV QHEHQ 7HNHQHU XQG VFKZLHJ HU ZDU ZLH JHOlKPW'HU5RERWNDPDXVVHLQHP)DFKNODSSWHGDV9RUUDWVIDFKDXIXQGJULIIKLQHLQ $OV VLFK VHLQ SQHXPDWLVFKHU $UP ZLHGHU DXVULFKWHWH VDKHQ 7HNHQHU XQG .HQQRQ *OHLFK]HLWLJZLHVLFKDXVGHP0HWDOOGHV5RKUHVHLQQDGHOIHLQHU/DXIKHUDXVVFKRE 7HNHQHUVSUDQJYRUZlUWV *OHLFK]HLWLJVFKRGHU5RERWXQGWUDI(VKUDYROOLQGLH+HU]JHJHQG 8QGHEHQIDOOVJOHLFK]HLWLJIHXHUWH.HQQRQXQGVFKQLWWGHQ$UPGHV5RERWVDE 7HNHQHUUROOWHVLFKDENDPZLHGHUDXIGLH%HLQHXQGVSUDQJ]XU6HLWHXP(VKUD DXI]XIDQJHQ-HULVFKULHJHOOHQGDXI

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

7HNHQHU JLQJ LQ GLH .QLH 'HU .RSI GHU VWHUEHQGHQ )UDX ODJ LQ VHLQHP 6FKR 9RUVLFKWLJVWULFKHUGDV+DDUDXVLKUHU6WLUQ6LH|IIQHWHGLH$XJHQ]RJVFKDUIGLH/XIW HLQXQGIOVWHUWH ³-HUL´ .HQQRQIDWHGDV0lGFKHQVFKPHU]KDIWIHVWDP$UPXQGVFKREVLHQDFKYRUQ ³5XIH&RUNDQXQGVDJHLKPZDVSDVVLHUWLVW´ -HULQLFNWHZHLQHQG(LQ%OLFNDXV(VKUDV$XJHQWUDIVLH 'DQQVFKZHLIWHQGLH$XJHQ]LHOORVXPKHUXQGEUDQQWHQVLFKLQ7HNHQHUV*HVLFKW IHVW(VKUDVDJWHOHLVHXQGPLWODQJHQ3DXVHQ ³'X KDVW JHZRQQHQ XQG YHUORUHQ 5RQ VLHEHQ .DOIDNWRUHQ 6LH VLQG YHUDQWZRUWOLFK´ 7HNHQHUV +HU] NUDPSIWH VLFK ]XVDPPHQ (U KDWWH JHZRQQHQ²XP ZHOFKHQ 3UHLV"=XWHXHU]XVLQQORV 6LHIOVWHUWH ³6KDSHU&KRUVRXQGGHUDOWH9HUQDWK/¶$QNRV5DDYHQ/RQGDQQ XQG(YK6LHVLQGYHUDQWZRUWOLFKIUDOOHVDEHUVLHZHUGHQHUSUHW´ 6LH]XFNWH]XVDPPHQVWUHFNWHLKUHQ$UPDXVXQGVWDUE 7HNHQHUKREGHQ.RSIXQGEOLFNWH.HQQRQDQ 6LQFODLU QLFNWH XQG IKUWH -HUL QDFK REHQ 7HNHQHU VFKRE VHLQH $UPH XQWHU GHQ VFKODIIHQ .|USHU (VKUDV XQG KRE LKQ KRFK 'DQQ JLQJ HU TXHU GXUFK GHQ :DKQUDXP XQGOHJWHGHQ.|USHUDXIHLQH&RXFK(LQ:LQNVFKHXFKWHGHQ'LHQHUDXVGHP5DXP 'HQQRQNDPGLH7UHSSHKHUXQWHUXQGVDJWHIDVWXQK|UEDU ³,FK KDEH GLH 1DPHQ QRWLHUW 5XIH DQ XQG ODVVH HLQH 3OHQDUVLW]XQJ ]XVDPPHQUXIHQ,FKYHUVWlQGLJH$WODQXQG5KRGDQ´ 7HNHQHUHUZLGHUWH ³8QG-HULUXIW&RUN9ROWDUDDQ"´ ³6LHLVWEHUHLWVDP%LOGVFKLUP:HUHUSUHWGLH.DOIDNWRUHQ"´ ³,FKDKQHHVZHLHVDEHUQLFKWJHQDX/DVVHLKQMHGHQIDOOVJHQDXEHREDFKWHQ² IXQNHXQVHUH/HXWHDQ´ ³(VJHVFKLHKWEHUHLWVRKQH5FNVLFKWDXI$EK|UJHIDKU´ ³*XW'DQNH:LUIOLHJHQ]XUFN"´ ³6FKQHOOVWHQV´ 1XU GHU 'LHQHU XQG -HUL DKQWHQ ZLH GLH =XVDPPHQKlQJH ZDUHQ (VKUD KDWWH EHJULIIHQ GD 7HNHQHU .HQQRQ XQG GLH WHUUDQLVFKHQ *HKHLPGLHQVWH PLWHLQDQGHU YHUEXQGHQ ZDUHQ 8QG GHU 8QVLFKWEDUH KDWWH VLH XPJHEUDFKW HKH VLH UHGHQ NRQQWH 1XUGDGXUFKGDGHU6FKRGHV5RERWHUVQXU]XU+lOIWHVLFKHQWOXGZHLO.HQQRQGLH 0DVFKLQHYHUQLFKWHWHKDWWH(VKUDQRFKUHGHQN|QQHQ 'LH-DJGWUDWLQLKUHOHW]WH3KDVHHLQ 7HNHQHU JLQJ DQ HLQHQ %LOGVFKLUP ULHI GLH 1XPPHU GLH HU HUKDOWHQ KDWWH XQG LKPZXUGHJHVDJWGDHLQH3OHQDUVLW]XQJHUIROJHQZUGH 'DQQ VWDUWHWHQ -HUL GLH VFKZHLJHQG XQG LQ VLFK JHNHKUW GDVD .HQQRQ DQ GHU 6WHXHUXQJXQG7HNHQHUGHUYHUVXFKWHGDV0lGFKHQHWZDV]XWU|VWHQPLWGHU-HW6LH PDFKWHQNXU]KDOWDQLKUHPHLJHQHQ5DXPVFKLIIOHJWHQ]ZHLVFKZHUH.DPSIDQ]JHDQ XQG ODQGHWHQ GDQQ PLW GHU UHJLHUXQJVHLJHQHQ -HW GLUHNW YRU GHP +DXSWHLQJDQJ GHV 235$/ZREHLVLHEHLQDKHDEJHVFKRVVHQZRUGHQZlUHQ

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

'LHEHUOHEHQGHQ.DOIDNWRUHQHUVWDUUWHQDOVLKQHQ7HNHQHUEHULFKWHWHZLH(VKUD JHVWRUEHQ ZDU 6LH VDKHQ YRU VLFK ]ZHL HQWVFKORVVHQH 0lQQHU XQG HLQ YRU 6FKPHU] HUVWDUUWHV 0lGFKHQ GDV VLFK QLFKW HLQPDO EHPKWH VHLQH 9HUDFKWXQJ GHQ DOWHQ 0lQQHUQ JHJHQEHU QLFKW ]X ]HLJHQ 'LH 0lQQHU KDWWHQ GLH +HOPH GHU .DPSIDQ]JH QDFK KLQWHQ JHNODSSW XQG DQ GHQ EUHLWHQ $JJUHJDWJUWHOQ KLQJHQ VFKZHUH VWDKOVFKLPPHUQGH:DIIHQ'DQQVDJWH7HNHQHUPLWHUKREHQHU6WLPPH ³,FK HUVXFKH GLH +HUUHQ 6KDSHU &KRUVR 9HUQDWK /¶$QNRV 5DDYHQ /RQGDQQ XQG(YKGRUWKLQEHU]XJHKHQ)DOOVMHPDQGHLQHQ)OXFKWYHUVXFKXQWHUQHKPHQVROOWH IDOOV HLQ $QJULII DXI XQV HUIROJHQ VROOWH ZLUG GLH )ORWWH XQWHU $GPLUDO &RUN 9ROWDUD ]XVFKODJHQ (U KDW ]HLW VHLQHV /HEHQV EHU (VKUD JHZDFKW KDW DEHU GLHVHQ IHLJHQ hEHUIDOOQLFKWYHUKLQGHUQN|QQHQ´ 7HNHQHUV 6WLPPH YHUULHW GD HU ]X DOOHP HQWVFKORVVHQ ZDU 'LH :DIIHQ EHLGHU 0lQQHUWULHEHQGLHVLHEHQ.DOIDNWRUHQLQHLQHQ:LQNHO]XVDPPHQ .HQQRQVDJWH ³8QVZXUGHYHUVLFKHUWGDDXIGLHVHP3ODQHWHQNHLQH0lQQHUGHU8QLWHG6WDUV 2UJDQLVDWLRQ DQZHVHQG VLQG :LH LVW GDV PLW XQVHUHP (UPLWWOXQJVDXIWUDJ ]X YHUHLQEDUHQ6LOXUD"´ 6LOXUDVFKWWHOWHGHQ.RSIXQGEHWHXHUWH ³,FKKDEHHVZLUNOLFKQLFKWJHZXW0LVWHU7HNHQHU,FKKRIIHDEHUPDOVGD6LH PLUJODXEHQ:LUVLQGY|OOLJEHUUDVFKW6HKUXQDQJHQHKPEHUUDVFKW´ .HQQRQ JLQJ DXI 5DDYHQ ]X SDFNWH GHQ 0DQQ DQ GHQ $XIVFKOlJHQ VHLQHU SUlFKWLJHQ-DFNHXQGKRELKQPKHORVLQGLH+|KH'DQQIUDJWHHUPLWXQEDUPKHU]LJHU 6WLPPH ³6LH VLQG GLH 9HUUlWHU 6LHEHQ .DOIDNWRUHQ²GLH DQGHUHQ VLQG VFKRQ WRW :HU HUSUHW6LH"´ 5DDYHQZDQGVLFKLQGHP*ULIIDEHUHUVFKZLHJ7HNHQHUGHXWHWHDXIHLQHVGHU )HQVWHUXQGVDJWHJOHLFKJOWLJ ³:LUILKQGXUFKGDV)HQVWHU9LHOOHLFKWVSULFKWGDQQHLQHUGHUZHUWHQ.ROOHJHQ´ 5DDYHQ ZLPPHUWH DXI DOV .HQQRQ PLW GHQ .UlIWHQ VHLQHV 5RERWN|USHUV DXVKROWH/DQJVDPJLQJ.HQQRQDXIGDV)HQVWHU]X3O|W]OLFKVFKULH5DDYHQ ³(VLVW,UJHU0DQ\WH\O(UKDWXQVDOOHLQGHU+DQG´ .HQQRQOLH5DDYHQIDOOHQ7HNHQHUZDQGWHVLFKDQ-DQRWK6LOXUDXQGVDJWH ³%LWWH|IIQHQ6LHHLQHVGHU)HQVWHU6LHZLVVHQMHW]WZHUGLH9HUUlWHUVLQG²GRUW GUEHQVWHKHQVLH:LUKDEHQ]XWXQ´ (LQHGHUULHVLJHQ6FKHLEHQYHUVDQNODQJVDPXQGOHLVHVXPPHQGLP%RGHQ'LH EHLGHQ )UHXQGH VHW]WHQ GLH +HOPH DXI VFKDOWHWHQ GLH )OXJJHUlWH HLQ XQG VFKZHEWHQ DXVGHP6LW]XQJVVDDOKLQDXV6LHNDQQWHQLKU=LHO,UJHUZDUVRHEHQLQGLH5LFKWXQJGHV HLQVDPHQ+DXVHVJHIORKHQHLQHHQWVSUHFKHQGH1DFKULFKWKDWWH.HQQRQHUUHLFKW $OV .HQQRQ XQG 7HNHQHU LQ UDVHQG VFKQHOOHP )OXJ HLQHQ 7HLO GHU 6WDGW EHUIORJHQ PHOGHWH VLFK &RUN 9ROWDUD LP 237$/ (U YHUNQGHWH GHQ HUVFKURFNHQHQ XQG YHUZLUUWHQ .DOIDNWRUUHQ GD VRHEHQ IQIWDXVHQG .DPSIVFKLIIH GHU 7HUUD)ORWWH HUVFKLHQHQ ZlUHQ 5KRGDQ ZDU SHUV|QOLFK DQ %RUG GHV )ODJJVFKLIIHV 'LH 6FKLIIH ELOGHWHQHLQHQ.RUGRQXP5XG\QXQG5KRGDQO|VWH9ROWDUDDE(UVDJWH

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

³:LU VLQG KLHU PHLQH +HUUHQ .DOIDNWRUHQ XP GLH ,QWHUHVVHQ GHU 0HQVFKHQ GHV 6RODUHQ,PSHULXPV]XZDKUHQ%HLGHQ8QUXKHQGLHXQ]ZHLIHOKDIWDXVEUHFKHQZHUGHQ PVVHQ ZLU YHUVXFKHQ GHQ 7HUUDQHUQ 6LFKHUKHLW XQG 8QWHUVWW]XQJ ]X JHZlKUHQ -H QDFK GHP *UDG GHU .RQIXVLRQ XQG GHU DXVJHEWHQ *HZDOW ZLUG VLFK XQVHU (LQJUHLIHQ ULFKWHQ´ (VJDENHLQHQGHU.DOIDNWRUHQGHUGLHVHQ:LQNQLFKWYHUVWDQG

.HQQRQ XQG 7HNHQHU EHPKWHQ VLFK QLFKW HLQPDO´ LKUH 6SXUHQ ]X YHUZLVFKHQ RGHU LKUH $QZHVHQKHLW ]X WDUQHQ 6LH ODQGHWHQ GLFKW YRU GHP +DXV GUDQJHQ HLQ XQG EHIDQGHQVLFKLQHLQHUHUOHXFKWHWHQ+DOOHYROOHUPRGHUQHU0|EHO1DFK]HKQ6FKULWWHQ VSUDQJHQ DQ GHQ :lQGHQ .ODSSHQ DXI XQG GLH EHLGHQ )UHXQGH EOLFNWHQ LQ QLFKW ZHQLJHUDOVHLQKXQGHUW0QGXQJHQYRQ5RERWZDIIHQ ,UJHU 0DQ\WH\O NDP GLH 7UHSSH KHUXQWHU EUHLWHWH JUHQG GLH $UPH DXV XQG VDJWHPLWHLQHPYHUELQGOLFKHQ/lFKHOQ ³-HW]W KDW XQV GDV 6FKLFNVDO GRFK QRFK ]XVDPPHQJHIKUW PHLQH +HUUHQ ,FK KDEH 6LH HUZDUWHW ,KUH .OXJKHLW LVW EHNDQQW XQG DXFK ,KU 9HUKDOWHQ LQ JHVFKlIWOLFKHQ 'LQJHQ :LH KRFK ZUGHQ 6LH ,KUH )RUGHUXQJHQ HLQVFKlW]HQ ZHQQ LFK ,KQHQ HQWVSUHFKHQGH$QJHERWHPDFKH"´ 7HNHQHUXQG.HQQRQJULQVWHQVLFKDQ ³*HVFKlIWH VLQG EHVVHU DOV :DIIHQ´ VDJWH 7HNHQHU XQG VWHFNWH VHLQH :DIIH ]XUFN .HQQRQ IROJWH VHLQHP %HLVSLHO ,Q VHLQHP ,QQHUHQ OLHI HLQ 6HQGHU DQ XQG JDE GHQ:RUWODXWGHU8QWHUKDOWXQJZHLWHU ³=XVDPPHQDUEHLWPLWXQV,UJHU´VDJWH5RQDOG³LVWLPPHUHLQ9HUJQJHQ$EHU HLQVHKUWHXUHV9HUJQJHQ:LUDUEHLWHQJHUQ]XVDPPHQ´ ,UJHUV$UPEDQGJHUlWVXPPWH(UKREGLH+DQGZlKUHQGGLHEHLGHQ6SH]LDOLVWHQ LKUH+HOPH|IIQHWHQGLH$EZHKUIHOGHUDEHUHLQJHVFKDOWHWOLHHQ ³(QWVFKXOGLJHQ6LHHLQH6HNXQGH´VDJWH0DQ\WH\OYHUELQGOLFK 'DQQ GUHKWH HU GHQ 6FKDOWHU KHUXP 'LH GQQH 6WLPPH DXV GHP NOHLQHQ /DXWVSUHFKHUULHI ³(LQH 6RQGHUPHOGXQJ (LQWDXVHQG JURH .DPSIVFKLIIH XQ]ZHLIHOKDIW (LQKHLWHQ GHU8QWHG6WDUV2UJDQLVDWLRQVLQGVRHEHQXP5XG\QLQ2UELWJHJDQJHQ$WODQKDWVLFK JHPHOGHW XQG YHUODQJW 6LFKHUKHLW IU GLH 7HUUDQHU XQG GLHMHQLJHQ GLH PLW GHU 862 ]XVDPPHQDUEHLWHQ 'LH .DOIDNWRUHQ KDEHQ GHP 'UXFN QDFKJHJHEHQ XQG HUNOlUHQ KLHUPLW HKUHQZ|UWOLFK GD VLH YRQ GHU 6FKXOG ,UJHU 0DQ\WH\OV DQ GHQ WHUUDIHLQGOLFKHQ $NWLRQHQ EHU]HXJW ZlUHQ $GPLUDO &RUN 9ROWDUD KDW GHQ %HIHKO HUKDOWHQ PLW (LQVDW] YRQ/DQGXQJVWUXSSHQQDFK0DQ\WH\O]XVXFKHQXQGLKQ]XYHUKDIWHQ´ ³'LH (QWZLFNOXQJ ZDU YRUDXV]XVHKHQ ,Q GHQ OHW]WHQ 7DJHQ JLQJ HV GRFK HLQ ZHQLJ]XKHNWLVFK]X6LHDUEHLWHQPLWPLU]XVDPPHQPHLQH+HUUHQ"´ ³6RZDUHVDEJHPDFKW´EHVWlWLJWH.HQQRQ7HNHQHUQLFNWH ³'DQQNRPPHQ6LHELWWHPLW,FKKDEHHLQH0|JOLFKNHLWPLFKDE]XVHW]HQXQGGLH .ULVHDE]XZDUWHQ6FKDOWHQ6LHDEHUYRUKHU,KUH$Q]XJVYHUVRUJXQJHLQ²(SKDQJLVWHLQ ZHQLJXQJHPWOLFK´ :lKUHQGHUVLFKDQ]RJVFKORVVHQ.HQQRQXQG7HNHQHUGLH+HOPH'LH0HOGXQJ EHU(SKDQJHUUHLFKWH$WODQLQVHLQHP)ODJJVFKLII

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

'DQQVSUDQJHQGLHGUHL0lQQHUGXUFKGHQ7UDQVPLWWHUXQGNDPHQLPKHOOHQ7DJ DXIGHP]ZHLWHQ3ODQHWHQGHV(SKHOHJRQ6\VWHPVKHUDXV (V ZDU HLQH JOKHQGKHLH *LIWJDVZHOW YRQ GHU *U|HQRUGQXQJ GHV LUGLVFKHQ -XSLWHU %HUHLWV LP 7UDQVPLWWHUUDXP EHZHJWHQ VLH VLFK LQ HLQHU =RQH NQVWOLFKHU 6FKZHUNUDIW 'LH *HElXGH ZDUHQ LQ MHQHU :DVVHUVWRII$PPRQLDN0HWKDQZHOW KDOE XQWHULUGLVFKDQJHOHJWXQG7HNHQHUEOLFNWHKLQDXVLQGDV,QIHUQRYRQ6WUPHQXQG6WDXE EHUHLQHU/DQGVFKDIWYRQJUHQ]HQORVHUgGH 'LH7UDQVPLWWHUHUORVFKHQ²GLH9HUELQGXQJ]X5XG\QZDUDEJHVFKQLWWHQ :lKUHQG GLH GUHL 0lQQHU QHEHQHLQDQGHU GXUFK .RUULGRUH JLQJHQ HUNOlUWH 0DQ\WH\OQLFKWRKQH6HOEVWEHZXWVHLQ ³+LHUKDEHQZLUGLH9RUDXVVHW]XQJHQGDIUJHVFKDIIHQYLHOH:HOWHQ]X]ZLQJHQ VLFKGHU=*8DQ]XVFKOLHHQ:LUKDEHQHLQLJHGHUOHW]WHQ*URVVDUWVYHUSIOLFKWHWIUGLH 9LUHQNXOWXUHQDUEHLWHQ$UD0HGL]LQHU+LHULVWHLQH=HOOHGHU0DFKW'DV9HUIDKUHQGDV ZLUDXVJHDUEHLWHWKDEHQOlWVLFKDXIYLHOHDQGHUH3ODQHWHQDQZHQGHQ8QGGHUMHQLJH GHU VLFK GDQQ DQ GLH 0DFKW VFKLHEHQ ZLUG KHLW 0DQ\WH\O /HGLJOLFK HLQH NXU]H 'XUVWVWUHFNHLVWGXUFK]XVWHKHQ´ ³0LWXQVHUHU+LOIH"´ ³,FKKRIIHHV'LHVHU6WW]SXQNWLVWVRJXWYHUVWHFNW²QLHPDQGYHUPXWHWLKQ´ ,Q]ZLVFKHQKDWWHHLQ)XQNVSUXFKOlQJVW$WODQV)ORWWHHUUHLFKW$WODQKDWWHPLWGHQ ZHQLJHQ QLFKW NRUUXSWHQ .DOIDNWRUHQ HLQHQ RIIL]LHOOHQ %HLVWDQGVSDNW JHVFKORVVHQ GHU 9RUJDQJ ZDU Y|ONHUUHFKWOLFK NODU XQG GHXWOLFK =XVDPPHQ PLW &RUN 9ROWDUDV 5DXPODQGHWUXSSHQIORJHQGLH6FKLIIHHLQHQJH]LHOWHQ$QJULII 6LH NDQQWHQ GDV *HELHW GDV VLH WUHIIHQ PXWHQ $OV 0DQ\WH\O .HQQRQ XQG 7HNHQHU JHUDGH HLQH +DOOH GXUFKVFKULWWHQ LQ GHU HLQH 5HLKH YRQ NOHLQHQ ZHQGLJHQ 'UXFNSDQ]HUQ DXI 5DXSHQNHWWHQ SDUNWH HUVFKWWHUWH GHU HUVWH 7UHIIHU GLH 7UDQVPLWWHUVWDWLRQXQGYHUZDQGHOWHVLHLQHLQJOKHQGHV,QIHUQR 0DQ\WH\OUHDJLHUWHVRIRUW ³+LQDXV+LQDXVLQGHQ6WXUP´VFKULHHU³6FKQHOO´ 7HNHQHUXQG.HQQRQYHUVWlQGLJWHQVLFKODXWORV6HNXQGHQVSlWHUUDVVHOWHQ]ZHL 3DQ]HU ORV 'LH 6FKOHXVHQWRUH |IIQHWHQ VLFK QRFK JHUDGH UHFKW]HLWLJ HKH GHU HUVWH 7UHIIHUGDV.UDIWZHUNODKPOHJWH.HQQRQXQG7HNHQHUVDHQLQHLQHP3DQ]HU0DQ\WH\O VWHXHUWH GHQ DQGHUHQ 0LW UDVHQGHU *HVFKZLQGLJNHLW IXKUHQ GLH 3DQ]HU KLQDXV LQ GHQ VRQQHQGXUFKJOKWHQ VWUPLVFKHQ 7DJ GHV ]ZHLWHQ 3ODQHWHQ +RFK EHU LKQHQ VFKRVVHQ VLFK GLH 5DXPVFKLIINDQRQLHUH GHU EHLGHQ NOHLQHQ )ORWWHQ HLQ XQG ]HUVW|UWHQ GHQULHVHQKDIWHQ.RPSOH[GHU9HUEUHFKHUZHUNVWlWWHQ.HQQRQVWHXHUWHGHQ:DJHQLP ZLOGHQ=LFN]DFNGXUFKGLHUXQGHQ7UPPHUGXUFKGDV*HU|OOXQGGLH)HOVHQKLQGXUFK 7HNHQHUVFKDOWHWHGDV*HVFKW]HLQGDQQGDV)XQNJHUlW ³0DQ\WH\O´ULHIHU³,FKUXIH6LH´ 6HNXQGHQ VSlWHU GLH EHLGHQ :DJHQ IXKUHQ IlFKHUI|UPLJ DXVHLQDQGHU XQG VWUHEWHQHLQHP6\VWHPYRQ6FKOXFKWHQ]XGDVHLQHUIHUQHQ%HUJNHWWHYRUJHODJHUWZDU DQWZRUWHWH,UJHU ³+LHUELQLFK'LH6LWXDWLRQVFKHLQWVLFK]X]XVSLW]HQ´ ³1LFKW RKQH *UXQG¶ VDJWH 7HNHQHU ³0HLQ )UHXQG XQG LFK VLQG YRQ GHQ K|FKVW HKUEDUHQ.DOIDNWRUHQHQJDJLHUWZRUGHQXP6LH]XU6WUHFNH]XEULQJHQ:LUKDEHQGHQ (LQGUXFN DXVJHVSURFKHQ GLFKW YRU XQVHUHP )QI]LJ0LOOLRQHQ6RODU(UIROJ ]X VHLQ (UJHEHQ6LHVLFK´

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

(LQ)OXFKZDUGLH$QWZRUW 7HNHQHU ULFKWHWH ZlKUHQG GHU 'UXFNSDQ]HU VFKOHXGHUWH XQG VFKOLQJHUWH GDV *HVFKW] DXI GHQ DQGHUHQ SDQ]HU GHU LQ YLHUKXQGHUW 0HWHUQ (QWIHUQXQJ KLQWHU HLQHU )HOVHQJUXSSHHQWODQJUDWWHUWHXQGHLQH6WDXEIDKQHKRFKZLUEHOWH 5LQJVXPGLHEHLGHQ3DQ]HUVFKOXJHQGLH7UHIIHUGHU6FKLIIVJHVFKW]HHLQ'RUW ZRQRFKYRUZHQLJHQ0LQXWHQHLQ*HKHLPODERUJHZHVHQZDUPLWGHQOHW]WHQVFKRQIDVW OHJHQGlUHQ hEHUUHVWHQ GHU &RQGRV9DVDF/HXWH ZR :RKQDQODJHQ XQG /DERUV .UDIWVWDWLRQHQ XQG DOOH DQGHUHQ (LQULFKWXQJHQ KDOE LQ GLH (UGH GHV 3ODQHWHQ HLQJHJUDEHQ ZDUHQ HQWVWDQG HLQH +OOH DXV )ODPPHQ XQG 'HWRQDWLRQHQ DXV 5DXFK XQG)HXHUGDVGHU6WXUPLPPHUZLHGHUZHJWULHE5XLQHQZXUGHQVLFKWEDU'DQQK|UWH GHU %HVFKX DXI XQG GLH 5DXPODQGHWUXSSHQ YHUOLHHQ LKUH /DQGHIDKU]HXJH 6LH VWUPWHQGLH$QODJHQ ³(UJHEHQ6LHVLFK²OHW]WH$XIIRUGHUXQJ´VDJWH7HNHQHUKDUW $OV GHU DQGHUH 3DQ]HU DXV GHU 'HFXQJ KHUDXVIXKU JDE 7HNHQHU HLQHQ ODQJHQ JXWJH]LHOWHQ )HXHUVWR DE .HQQRQ VWHXHUWH GHQ HLJHQHQ 3DQ]HU UDVHQG VFKQHOO YRQ 'HFNXQJ ]X 'HFNXQJ IDKUHQG DXI GDV JHJQHULVFKH )DKU]HXJ ]X 'HU DQGHUH 3DQ]HU EOLHE VWHKHQ XQG IHXHUWH 7HNHQHU VFKR ]XUFN 'HU DQGHUH 3DQ]HU IXKU ZHLWHU )HXHUHZLHGHU 6FKOLHOLFK QDFKGHP .HQQRQ PLW HLQHP 3LORWHQ HLQHV /DQGHIDKU]HXJHV JHVSURFKHQKDWWHVWDUWHWHGDV*HUlWZLHGHUXQGZDUIHLQHPLWWOHUH%RPEH]ZHL0HWHU QHEHQ GHQ 3DQ]HU 0DQ\WH\OV 1DFK GHU ([SORVLRQ IDQGHQ VLH LQ GHP .UDWHU QXU QRFK 0HWDOOUHVWHXQGYLHOHJHVFKPRO]HQH6SXUHQGLHLQGHUDJJUHVVLYHQ$WPRVSKlUHVFKQHOO YHUURWWHWHQ 'LH-DJGZDU]X(QGH

7HNHQHU XQG .HQQRQ VDKHQ PLW DQ ZLH GLH /DQGHWUXSSHQ GLH 5HVWH GHV 6WW]SXQNWHV VWUPWHQ XQG QLFKW PHKU DOV GUHL *HIDQJHQH PDFKWHQ (V ZDUHQ $UD 0HGL]LQHU XQG HLQ *URVVDUW 'DQQ VSUHQJWHQ GLH 6SH]LDOLVWHQ GHQ 5HVW GHU $QODJH LQ GLH /XIW 6lPWOLFKH .DOIDNWRUHQ HUNOlUWHQ VLFK IU XQVFKXOGLJ XQG ZlO]WHQ GLH 9HUDQWZRUWXQJDXIGHQWRWHQ,UJHU0DQ\WH\ODE (LQ 6FKLII GHU /DQGHWUXSSHQ EUDFKWH 7HNHQHU XQG .HQQRQ ]XUFN QDFK 5XG\Q XQGVHW]WHVLHQHEHQGHU+$33<'$
.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

³'LH 9RUJlQJH GLH DXI WHUUDQLVFKHQ 6LHGOXQJVZHLWHQ EHLQDKH ]X JURHQ 5HYROWHQ JHIKUW KlWWHQ ZHUGHQ VLFK QLHPDOV ZLHGHUKROHQ $WODQ ZLUG HLQH ODQJH $QVSUDFKHKDOWHQ´ ³6LH VLQG PLW XQVHUHU +LOIH ]XIULHGHQ" ,FK IUDJH GLHV ZHJHQ GHU 5HIHUHQ]HQ"´ PHLQWH5RQDOG7HNHQHU ³:LUVLQGHUVWGDQQ]XIULHGHQZHQQZLUPHUNHQGDNHLQ:RUWYRQDOOHPDQGLH gIIHQWOLFKNHLWGULQJW´ 7HNHQHUERW*HWUlQNHDQXQGYHUVLFKHUWH ³'DV ZDU HLQ 7HLO XQVHUHU JHVFKlIWOLFKHQ 9HUHLQEDUXQJHQ :LU KHOIHQ GHQ %HGUlQJWHQ8QGZLUKHOIHQVFKZHLJHQG´ ³:DVZHUGHQ6LHMHW]WXQWHUQHKPHQ"´HUNXQGLJWHVLFK-DQRWKHKHHUJLQJ .HQQRQHUZLGHUWH ³:LUZHUGHQGLHVHQ3ODQHWHQYHUODVVHQXQG]XUFNQDFK6DWLVI\IOLHJHQ:LVVHQ 6LHZLUP|JHQ5XG\QQLFKW´ 6LOXUDQLFNWHXQGVFKOR ³,FK NDQQ GDV YHUVWHKHQ PHLQH +HUUHQ 1RFKPDOV²EHVWHQ 'DQN IU DOOHV 'HU 6FKHFNLVWZLHDXFKGHUHUVWHHFKWXQGJHGHFNW´ (UYHUOLHGLH+$33<'$<

.HQQRQ XQG 7HNHQHU VDKHQ VLFK VFKZHLJHQG DQ 'LH $NWLRQ ZDU EHHQGHW ZRUGHQ (LQH 3KDVH YRQ +LQWHUKlOWLJNHLWHQ XQG 0RUGHQ ZDU YRUEHU 9LHOH 0HQVFKHQ ZDUHQ JHVWRUEHQ XQG DP PHLVWHQ EHGUFNWH HV 7HNHQHU GD NXU] YRU GHU $XIO|VXQJ GHU 5lWVHO GDV 0lGFKHQ (VKUD JHVWRUEHQ ZDU 'LH =*8 KDWWH HLQH XQEHUVHKEDUH :DUQXQJ5KRGDQVHUKDOWHQ,QGLHVHP7HLOGHV.RVPRVZUGHHVUXKLJEOHLEHQ)UZLH ODQJH" :DQQ PXWHQ VLH ZLHGHU HLQJUHLIHQ LQ GHU 0DVNH HLQHU UHLFKOLFK REVNXUHQ 2UJDQLVDWLRQ XQG LQ :LUNOLFKNHLW GRFK QXU %HDPWH GHV 5HFKWV XQG GHU *HUHFKWLJNHLW .HQQRQKDWWHDEVFKOLHHQGH%RWVFKDIWHQYRQ5KRGDQXQG$WODQHPSIDQJHQ%HYRUGDV 6FKLIIVWDUWNODUJHPDFKWZRUGHQZDUVXPPWHLQGHP6DORQHLQ1DFKULFKWHQJHUlW 7HNHQHUKREDEXQGIUDJWH ³-D":DVJLEWHV"´ (LQHYHUWUDXWH6WLPPHIUDJWHLKQ ³,FKVWHKHPLWDFKWJURHQ.RIIHUQKLHUXQWHUGHP6FKLIIXQGZROOWH6LHIUDJHQRE 6LHDXI6DWLVI\QLFKWHLQHHLQLJHUPDHQJHVFKLFNWH0LWDUEHLWHULQEUDXFKHQ"´ 7HNHQHUOlFKHOWHQLFKWHLQPDODOVHUHUZLGHUWH ³,FK KDEH 6LH HUZDUWHW -HUL .RPPHQ 6LH KHUDXI ,KU *HSlFN ZLUG DQ %RUG JHVFKDIIW:DUXPDEHUZROOHQ6LHQDFK6DWLVI\"´ 6LH]|JHUWHHWZDVELVVLHHQGOLFKDQWZRUWHWH ³:LVVHQ6LH²LFKPDJ5XG\QHLJHQWOLFKQLFKW´ 7HNHQHU XQG .HQQRQ ZHFKVHOWHQ HLQHQ YHUVWlQGQLVYROOHQ %OLFN 'DQQ JLQJ 5RQDOGQDFKXQWHQXPGDV0lGFKHQDE]XKROHQ'DQQVWDUWHWHGLH+$33<'$< (1'( /HVHQ6LHLQ7DJHQ$7/$11UPLWGHP7LWHO

.DPSIKLQWHUGHQ.XOLVVHQ

M

$WODQ

3URMHNW3ODQHWHQW|WHU

YRQ+*)UDQFLV :LVVHQVFKDIWOHUYRU*HULFKW²JHIlKUOLFKH([SHULPHQWH EHGURKHQGHQ.RVPRV