Arbeitshilfe für Haus(bibel)kreise Band 1: Das Buch Amos - SELK

'DV -DKU GHU %LEHO LQ GHU 6(/. $UEHLWVNUHLV
$UEHLWVKLOIH IÖU +DXV ELEHO NUHLVH
KHUDXVJHJHEHQ YRQ 3IDUUHU 0DUF 6WUXFNPDQQ
LP $XIWUDJ GHV $UEHLWVNUHLVHV d 'DV -DKU GHU %LEHO LQ GHU
6(/.o XQWHU 0LWDUEHLW YRQ 3IDUUHU 'U $FKLP %HKUHQV
%DQG 'DV %XFK $PRV
'UXFN 'UXFNKDXV +DUPV *UR¹ 2HVLQJHQ
9HUVDQG .LUFKHQEÖUR GHU 6HOEVW¾QGLJHQ (Y /XWK .LUFKH +DQQRYHU
+DQQRYHU
+HUDXVJHEHU XQG $ERQQHPHQWYHUZDOWXQJ
3IDUUHU 0DUF 6WUXFNPDQQ $Q GHU =LRQVNLUFKH 6ROWDX
7HO )D[ ( PDLO VROWDX#VHON GH

9RUZRUW
7KHRORJLVFKH (LQIÖKUXQJ
,QKDOWVYHU]HLFKQLV
$OOJHPHLQH 9RUEHPHUNXQJHQ ]XP 3K¾QRPHQ d3URSKHWLHo LP $7
'DV %XFK $PRV
7H[WDXVZDKO
/LWHUDWXU
9HUIDVVHU 3IU 'U $FKLP %HKUHQV
$UEHLWVHLQKHLW ]X 7H[WDEVFKQLWW $PRV XQG $PRV
'LH 9LVLRQHQ
7H[WEHWUDFKWXQJ
*HGDQNHQLPSXOVH ]XP 9HUVW¾QGQLV GHU NOHLQHQ 7H[WUHLKH
9RUVFKODJ ]XU *HVWDOWXQJ GHV +DXVNUHLVHV
9HUIDVVHU 3URI 'U 9RONHU 6WROOH
$UEHLWVHLQKHLW ]X 7H[WDEVFKQLWW $PRV r
$Q]HLJH JHJHQ $PRV XQG /DQGHVYHUZHLV 9HUWHLGLJXQJ GHV $PRV
$XIEDX GHV 7HVWHV
$QPHUNXQJHQ ]X HLQ]HOQHQ 9HUVHQ
9RUVFKODJ ]XU *HVWDOWXQJ GHV +DXVNUHLVHV
9HUIDVVHU 3IU 6FRWW 0RUULVRQ
$UEHLWVHLQKHLW ]X 7H[WDEVFKQLWW $PRV
*HJHQ ¾X¹HUOLFKHQ *277HVGLHQVW *277HVGLHQVW PXVV GHQ $OOWDJ
GXUFKGULQJHQ VRQVW EOHLEW HU WRW
$XIEDX GHV 7H[WHV
([HJHWLVFKH XQG V\VWHPDWLVFK WKHRORJLVFKH +LQZHLVH
0ÐJOLFKH )UDJHQ ]XP *HVSU¾FK +LQVHKHQ %HGHQNHQ $QHLJQHQ 7XQ
+LQZHLVH ]X $EODXI XQG 0DWHULDO
/LWHUDWXU
9HUIDVVHU 3IU 0DUNXV 1LHW]NH
$UEHLWVHLQKHLW ]X 7H[WDEVFKQLWW $PRV
'LH /HLFKHQNODJH ÖEHU ,VUDHO XQG EHGLQJWH +RIIQXQJ
$XIEDX GHV 7H[WHV
([HJHWLVFKH XQG V\VWHPDWLVFK WKHRORJLVFKH +LQZHLVH
)UDJHQ ]XP *HVSU¾FK
+LQZHLVH
9HUIDVVHU 3IU %HUQKDUG 6FKÖW]H
6HLWH

R 9RUZRUW
$Q DOOH 3IDUU¾PWHU ]XU :HLWHUJDEH DQ GLH 0LWDUEHLWHULQQHQ XQG 0LWDUEHLWHU LQ +DXVNUHLVHQ XQG +DXVELEHO
NUHLVHQ
/LHEH 6FKZHVWHUQ XQG %UÖGHU
'DV -DKU LVW DOV ÐNXPHQLVFKHV -DKU GHU %LEHO DXVJHUXIHQ ZRUGHQ $XFK LQ XQVHUHU .LUFKH JLEW HV YLHO
I¾OWLJH ¶EHUOHJXQJHQLP-DKU GLH %LEHODOV GDV :RUWXQVHUHV *RWWHVEHVRQGHUVLQGDV =HQWUXPGHV *HPHLQGHOHEHQV XQG DXFK GHU ÐNXPHQLVFKHQ $UEHLW XQG GHU °IIHQWOLFKNHLWVDUEHLW ]X VWHOOHQ
'LH +DXVNUHLVH XQG +DXVELEHONUHLVH LQ GHQ *HPHLQGHQ XQVHUHU .LUFKH WXQ GDV K¾XILJ RKQHKLQ VLQG GDEHL
DEHU K¾XILJ DXI GHU 6XFKH QDFK JHHLJQHWHP 0DWHULDO 'HQ ,PSXOV GHV %LEHOMDKUHV ZROOHQ ZLU QXW]HQ VRO
FKHV 0DWHULDO DQ]XELHWHQ
,P $XIWUDJ GHV $UEHLWVNUHLVHV d 'DV -DKU GHU %LEHO LQ GHU 6(/.o ZHUGHQ LP -DKU MHZHLOV ]XP
4XDUWDOVEHJLQQ LQVJHVDPW YLHU $UEHLWVKLOIHQ IÖU +DXV ELEHO NUHLVH HUVFKHLQHQ ,Q LKQHQ ZLUG QDFK HLQHU
WKHRORJLVFKHQ (LQIÖKUXQJ LQ GDV MHZHLOLJH ELEOLVFKH %XFK DXVJHDUEHLWHWHV 0DWHULDO MHZHLOV IÖU $EHQGH
DQJHERWHQ -H QDFK HLJHQHP 5K\WKPXV GHU 7UHIIHQ NDQQ MHGHU +DXV ELEHO NUHLV GDV 0DWHULDO IÖU VLFK DQ
ZHQGHQ 'DEHL LVW VRZRKO HLQH 6WUDIIXQJ DOV DXFK HLQH $XVZHLWXQJ ÖEHU GHQ YRUJHVFKODJHQHQ =HLWUDXP
YRQ $EHQGHQ PÐJOLFK LQGHP ] % GLH WKHRORJLVFKH (LQIÖKUXQJ QLFKW QXU YRP .UHLVOHLWHU HUDUEHLWHW XQG
YRUJHVWHOOW VRQGHUQ DQ $EHQGHQ JHPHLQVDP XQG DXVIÖKUOLFK LP *HVSU¾FK HUDUEHLWHW ZLUG
'LH YLHU $UEHLWVKLOIHQ ZHUGHQMHGHP3IDUUDPWGHU6(/. NRVWHQORV ]XU 9HUIÖJXQJJHVWHOOW :HLWHUH ([HPS
ODUH NÐQQHQ 6LH EHL PLU EHVWHOOHQ 6LH ZHUGHQ GDQQ ÖEHU GDV .LUFKHQEÖUR LQ +DQQRYHU ]XP 6HOEVWNRVWHQ
SUHLV YRQ ¼ YHUVDQGW
$OV ZHLWHUH 7KHPHQ GHU IROJHQGHQ $XVJDEHQ VLQG JHSODQW
+HIW IÖU $SULO r -XQL r HUVFKHLQW 0¾U] 9¾WHUJHVFKLFKWHQ
+HIW IÖU -XOL r 6HSWHPEHU r HUVFKHLQW -XQL 0DUNXVHYDQJHOLXP
+HIW IÖU 2NWREHU r 'H]HPEHU r HUVFKHLQW 6HSWHPEHU 3KLOLSSHUEULHI
)ÖU GLH 0LWDUEHLW GDQNHQ ZLU DOOHQ 3IDUUHUQ GLH %HLWU¾JH JHOLHIHUW RGHU IÖU GLH Q¾FKVWHQ $XVJDEHQ ]XJHVDJW
KDEHQ EHVRQGHUV +HUUQ 3IU 'U $FKLP %HKUHQV GHU IÖU DOOH YLHU $XVJDEHQ GLH WKHRORJLVFKHQ (LQIÖKUXQJHQ
LQ GLH MHZHLOLJHQ %ÖFKHU HUDUEHLWHW
,FK KRIIH GDVV GLHVH $UEHLWVKLOIHQ ZLUNOLFKH +LOIHVWHOOXQJHQ JHEHQ ]XP JHPHLQVDPHQ %LEHOOHVHQ LQ GHQ
+DXV ELEHO NUHLVHQ :LU ELWWHQ GDEHL VHKU KHU]OLFK XP 5ÖFNPHOGXQJHQ ]X GHQ $UEHLWVKLOIHQ EHVRQGHUV LP
%OLFN DXI LKUH (LQVHW]EDUNHLW DEHU DXFK LP %OLFN DXI IRUPDOH XQG LQKDOWOLFKH 9HUEHVVHUXQJVPÐJOLFKNHLWHQ
'LH $UEHLWVKLOIHQ ZHUGHQ DOV SGI 'DWHLHQ ]XP 'RZQORDG DXI GHU +RPHSDJH GHU 6(/. ZZZ VHON GH XQG
XQWHU ZZZ GRPHXV GH IRUXP LQGHUVHON DEUXIEDU VHLQ
0LW KHU]OLFKHP *UX¹ XQG EHVWHQ :ÖQVFKHQ IÖU HLQHQ JHVHJQHWHQ (LQVDW] GLHVHU $UEHLWVKLOIH
LP $XIWUDJ GHV $UEHLWVNUHLVHV d 'DV -DKU GHU %LEHO LQ GHU 6(/.o 9RUVLW] 3 6WHIDQ )ÐUVWHU *ÐWWLQJHQ
,KU HXHU 0DUF 6WUXFNPDQQ

7KHRORJLVFKH (LQIÖKUXQJ
$OOJHPHLQH 9RUEHPHUNXQJ ]XP 3K¾QRPHQ d3URSKHWLHo LP $7
'HU 3URSKHW
'HU $XVVSUXFK d,FK ELQ GRFK NHLQ 3URSKHWo VROO EHGHXWHQ GDVV PDQ QLFKW GLH =XNXQIW YRUKHUVDJHQ NDQQ
XQG HQWVSUHFKHQG ZLUG GDV :RUW 3URSKHW PHLVW GHILQLHUW $EHU VRZRKO LP *ULHFKLVFKHQ DOV DXFK LP +HEU¾L
VFKHQ JHKW HV EHL GHP 3K¾QRPHQ GDV MHZHLOV PLW d3URSKHWLHo EH]HLFKQHW ZLUG QLFKW LQ HUVWHU /LQLH XP HLQ
:HLVVDJHQ ]XNÖQIWLJHU (UHLJQLVVH 'DV KHEU :RUW QDEL 3URSKHW EH]HLFKQHW YHUPXWOLFK MHPDQGHQ GHU ÐI
IHQWOLFK dUXIWo DOVR YHUNÖQGHW RGHU GHU VHOEVW YRQ *RWW dJHUXIHQo LVW
'LH 6FKULIWHQ GHV $7 EH]HLFKQHQ PLW GHP %HJULII QDEL QLFKWHLQHLQKHLWOLFKHV VRQGHUQHLQYLHOVFKLFKWLJHV 3K¾QRPHQ 3URSKHWHQ NÐQQHQ DXFK d6HKHUo JHQDQQW ZHUGHQ YJO , 6DP $P RGHU VLH HUVFKHLQHQ
LQ *UXSSHQDOV (NVWDWLNHUYJO , 6DP I 1DWKDQXQG *DG VLQG $QJHVWHOOWH GHV .ÐQLJVKRIHVYJO DXFK
GLH d+RISURSKHWHQo LQ , 5HJ (OLD LVW HLQ HLQVDPHU 6WUHLWHU IÖU *RWWHV 5HFKW XQG VHLQH (LQ]LJNHLW (OLVD
GDJHJHQ PDFKW UHJHOUHFKWH dUHOLJLÐVH 2SSRVLWLRQVSROLWLNo 0DQFKPDO ZHUGHQ VRJDU DOWH *HVWDOWHQ ZLH $E
UDKDP YJO *HQ RGHU 0RVH YJO 'WQ DOV QDELV EH]HLFKQHW *HOHJHQWOLFK ZLUG GHU 9HUVXFK HLQHU
'HILQLWLRQ JHPDFKW YJO GDV d3URSKHWHQJHVHW]o 'WQ DQGHUHUVHLWV NDQQ MHPDQG ZLH $PRV VDJHQ
d,FK ELQ NHLQ 3URSKHWo $P JHPHLQW LVW ZRKO %HUXIVSURSKHW
=XVDPPHQIDVVHQGO¾VVWVLFK IÖU GLH VRJ dNODVVLVFKHQoRGHUd6FKULIWSURSKHWHQoVDJHQ (V KDQGHOW VLFKXP /HXWH GLH QLFKW DQ HLQHU ,QVWLWXWLRQ +RI RGHU 7HPSHO DOV %HUXIVSURSKHWHQ DQJHVWHOOW ZDUHQ VRQGHUQ GLH
YRQ *RWW LQ HLQHU EHVWLPPWHQ =HLW ]XP 3UHGLJHQ EHUXIHQ ZRUGHQ VLQG 3URSKHWHQ VLQG .ÖQGHU GHV :RUWHV
XQG :LOOHQV *RWWHV LQ LKUH MHZHLOLJH *HJHQZDUW KLQHLQ 6LH VDJHQ DOVR QLFKW ]XHUVW GLH =XNXQIW DQ VLQG D
EHU YRQ HLQHUd=XNXQIVWJHZL¹KHLW ]XU *HJHQZDUWVNULWLNo : + 6FKPLGW JHWULHEHQ 6LH ZLVVHQ :HQQ *RW
WHV 9RON VR ZHLWHUOHEW NRPPW *RWWHV *HULFKW *HULFKWVSURSKHWLH RGHU VS¾WHU QDFKGHP GDV *HULFKW ] %
GDV %DE\ORQLVFKH ([LO Y &KU HLQJHWURIIHQ LVW *RWW KDW VHLQ 9RON QLFKW YHUJHVVHQ VRQGHUQ ZLUG HV ZLH
GHU LQV +HLO EULQJHQ +HLOVSURSKHWLH 'LH 3URSKHWHQ VLQG DOVR QLFKW YRQ GHU *HVFKLFKWH ,VUDHOV ]X WUHQQHQ
3URSKHWHQEÖFKHU
7URW] GHU *HEXQGHQKHLW GHU 3URSKHWHQ DQ HLQH EHVWLPPWH JHVFKLFKWOLFKH 6LWXDWLRQ KDWWH VLFK LKU :RUW GD
QDFK QLFKW HLQIDFK HUOHGLJW ,PPHU ZLHGHU KÐUWHQ DXFK VS¾WHUH *HQHUDWLRQHQ DXV GHQ :RUWHQ GHV -HVDMD R
GHU GHV $PRV GDV :RUW *RWWHV IÖU LKU HLJHQHV /HEHQ KHUDXV 6R HQWVWDQGHQ VFKOLH¹OLFK GLH 3URSKHWHQEÖ
FKHU 'LHVH JHKHQ PLW KRKHU :DKUVFKHLQOLFKNHLW LQ LKUHU KHXWLJHQ (QGJHVWDOW QLFKW YROOVW¾QGLJ DXI GLH 3UR
SKHWHQ ]XUÖFN GHUHQ 1DPHQ VLH WUDJHQ 'DIÖU VSUHFKHQ VFKRQ 3URSKHWHQHU]¾KOXQJHQ GLH LQ 3HUVRQ DO
VR DOV )UHPGEHULFKW ÖEHU GLH 3URSKHWHQ EHULFKWHQ YJO ] % -HV > ,, 5HJ @ $P -HU > ,,
5HJ I @
'HQ JUйWHQ 7HLO GHU 3URSKHWHQEÖFKHU PDFKHQ DEHU NXU]H XUVSUÖQJOLFK PÖQGOLFK YRUJHWUDJHQH :RUWH LQ
3HUVRQ DXV +LHULQ VLQG :RUWH GHV 3URSKHWHQ JHVDPPHOW XQG VS¾WHU DXIJHVFKULHEHQ ZRUGHQ YHUPXWOLFK
YRQ 6FKÖOHUQ YJO -HV -HU 'LHVH 6DPPOXQJHQ VLQG GXUFK GLH =HLWHQ KLQ DXV +RFKVFK¾W]XQJ JHJHQ
ÖEHU GHP :RUW *RWWHV LPPHU ZLHGHU JHOHVHQ XQG PLW DNWXDOLVLHUHQGHQ =XV¾W]HQ YHUVHKHQ ZRUGHQ ¾KQOLFK
XQVHUHU KHXWLJHQ 3UHGLJWSUD[LV QXU GDVV IUÖKHU =XV¾W]H GLUHNW LQ GHQ 7H[W JHVFKULHEHQ RGHU GDUDQ DQJH
K¾QJW ZXUGHQ VR GDVV VLFK LQ GHQ 3URSKHWHQEÖFKHUQ KHXWH DXFK 7H[WH DXV VS¾WHUHQ =HLWHQ ILQGHQ 6R

O¾VVW VLFK GDV %XFK -HVDMD ] % LQ GUHL 7HLOH WHLOHQ GLH DXV XQWHUVFKLHGOLFKHQ (SRFKHQ VWDPPHQ -HV
DEHU DXFK LQ DOOHQ DQGHUHQ 3URSKHWHQEÖFKHUQ ILQGHQ VLFK VROFKH =XV¾W]H 'LHVH VS¾WHUHQ
7H[WH VLQG QLFKWV 1HJDWLYHV RGHU 3UREOHPDWLVFKHV VRQGHUQ ]HXJHQ YRQ GHU EOHLEHQGHQ $NWXDOLW¾W GLH GLH
:RUWH HLQHV 3URSKHWHQ DXFK LQ VS¾WHUHU =HLW QRFK KDWWHQ *HUDGH ZHQQ ZLU QDFK GHU 5HOHYDQ] GHU DOWHQ
%LEHOWH[WH IÖU XQVHU KHXWLJHV /HEHQ IUDJHQ LVW GLHVHU $VSHNW YRQ %HGHXWXQJ (QWVFKHLGHQG LVW LPPHU GLH
%RWVFKDIW GHV YHUNÖQGLJWHQ :RUWHV *RWWHV QLFKW GDV ZDV DXI GHQ YHUPHLQWOLFK dHFKWHQo $PRV HWF ]XUÖFN
JHKW 6R ORKQW HV VLFK DXFK QDFK GHU $XVVDJH GHU 3URSKHWHQEÖFKHU DOV EHZXVVWHU .RPSRVLWLRQ ]X IUDJHQ
'DV %XFK $PRV
$OOJHPHLQHV
:LH LQ DQGHUHQ 3URSKHWHQEÖFKHUQ DXFK HUIDKUHQ ZLU DXV GHU ¶EHUVFKULIW $P HWZDV ÖEHU GLH =HLW XQG
GLH 3HUVRQ GHV $PRV $PRV ZDU NHLQ %HUXIVSURSKHW VRQGHUQ VWDPPW HLJHQWOLFK DXV GHU /DQGZLUWVFKDIW
dGHU XQWHU GHQ 6FKDI]ÖFKWHUQoYJO DXFK $P (U WUDW DOV 3URSKHWDXI DOV -HUREHDP ,, .ÐQLJ GHV 1RUG
UHLFKHV ,VUDHO ZDU Y &KU XQG 8VLMD .ÐQLJ GHV 6ÖGUHLFKHV -XGD 'DEHL ]HLJW EHUHLWV GLH (UZ¾KQXQJ
8VLMDV GDVV GLH :RUWH GHV $PRV DXFK IÖU /HVHU LP 6ÖGUHLFK DXIEHZDKUW ZRUGHQ VLQG YHUPXWOLFK QDFK GHP
8QWHUJDQJ GHV 1RUGUHLFKHV Y &KU (LJHQWOLFK KDWWH $PRV DEHU GHQ 1RUGUHLFKEHZRKQHUQ YHUNÖQGLJW
YJO GLH =LHOJUXSSH GHU *HULFKWVZRUWH LQ $P XQG GLH (UZ¾KQXQJ GHV 1RUGUHLFKKHLOLJWXPV %HWKHO LQ $P
'DV LVW LQVRIHUQ XQJHZÐKQOLFK DOV $PRV VHOEVW DXV 7HNRD LP 6ÖGUHLFK VWDPPWH 'DKHU ZROOWH PDQ
VHLQH *HULFKWVERWVFKDIW LQ ,VUDHO QLFKW KÐUHQ $PRV ZDU GRUW HLQ dXQHUZÖQVFKWHU $XVO¾QGHUo YJO $P
XQG LVW DXVJHZLHVHQ ZRUGHQ 9RU GLHVHP +LQWHUJUXQG JHKW PDQ GDYRQ DXV GDVV $PRV QXU VHKU NXU]H =HLW
DOV 3URSKHW JHZLUNW KDW YJO GLH JHQDXH $QJDEH d]ZHL -DKUH YRU GHP (UGEHEHQoLQ $P 'DVV DEHU VHLQH
:RUWH DXFK LP 6ÖGUHLFK ZHLWHU WUDGLHUW XQG XQV ELV KHXWH ÖEHUOLHIHUW ZXUGHQ ]HXJW YRQ GHU EOHLEHQGHQ
:HUWVFK¾W]XQJ XQG $NWXDOLW¾W GLH GLH :RUWH GHV $PRV JHQRVVHQ
'LH =HLW GHV .ÐQLJV -HUREHDP ,, ZDU IÖU GDV 1RUGUHLFK ,VUDHO HLQH =HLW GHU SROLWLVFKHQ 6WDELOLW¾W GHV )ULH
GHQV XQG GHV :RKOVWDQGV $OOHUGLQJV PHKUWHQ PDQFKH LQ ,VUDHO LKUHQ HLJHQHQ %HVLW] DXI .RVWHQ GHU $UPHQ
XQG VR]LDO 6FKZDFKHQ YJO ] % $P :HU VLFK VR YHUK¾OW GHP QÖW]W DXFK GHU VFKÐQVWH *RWWHVGLHQVW
QLFKWV YJO $P 6R KDW $PRV GHP 9RON GDV 1HLQ *RWWHV DQ]XNÖQGLJHQ (U LVW GHU K¾UWHVWH GHU *H
ULFKWVSURSKHWHQ XQG VHLQH %RWVFKDIW O¾VVW VLFK LQ GHP XQHUELWWOLFKHQ :RUW ]XVDPPHQIDVVHQ d*HNRPPHQ
LVW GDV (QGH IÖU PHLQ 9RON ,VUDHOo $P 'DEHL LVW $PRV YRQ *RWW HUVW ]X GLHVHP :RUW DXI HLQHP
VFKPHU]YROOHQ (UNHQQWQLVZHJ JHQÐWLJW ZRUGHQ ZLH GLH 9LVLRQHQ $P ]HLJHQ
$XIEDX XQG *OLHGHUXQJ
, $P :RUWH JHJHQ IUHPGH 9ÐONHU
,, $P *HULFKWVZRUWH JHJHQ ,VUDHO
,,, $P 9LVLRQHQ
,9
=XP (LQ]HOQHQ
$P .ÖQIWLJHV +HLO
, $P 'LH )UHPGYÐONHUVSUÖFKH
¶EHUVFKULIW XQG 0RWWR
)UHPGYÐONHUVSUÖFKH
'DPDVNXV *D]D 7\UXV (GRP $PPRQ 0RDE -XGD ,VUDHO

,, $P *HULFKWVZRUWH ÖEHU ,VUDHO
0RWWR %HVRQGHUH (UZ¾KOXQJ HUIRUGHUW EHVRQGHUHV 9HUKDOWHQ
3URSKHWLVFKHV 5HGHQ LVW :LUNXQJ YRQ *RWWHV 5HGHQ
:RUWH JHJHQ GLH d+RKHQ +HUUVFKDIWHQo YRQ 6DPDULD
5HFKW XQG *HUHFKWLJNHLW ZLUG YRQ GHU 2EHUVFKLFKW PLVVDFKWHW
$XIUXI ]XP 6ÖQGJRWWHVGLHQVW NHLQH 8PNHKU
¶EHU ,VUDHO PXVV PDQ VFKRQ HLQH /HLFKHQNODJH DQVWLPPHQ 9 I %HGLQJWH +RIIQXQJ d6XFKHW
PLFK VR ZHUGHW LKU OHEHQo 9 DEHU QXU YLHOOHLFKW 9
9 'HU 7DJ GHV +HUUQ LVW *HULFKW XQG QLFKW +HLO
9 *RWWHVGLHQVW RKQH 5HFKW XQG *HUHFKWLJNHLW LVW VLQQORV
¶EHU ,VUDHO NRPPW GDV *HULFKW ]XHUVW 9 ÖEHU GLH 2EHUVFKLFKW
,,, $P 9LVLRQHQ
'LH YLHU 9LVLRQHQ YRP DEZHQGEDUHQ ]XP XQDEZHQGEDUHQ *HULFKW 'DV (QGH
,VUDHOV *HULFKWVZRUWH
$PRV XQG GHU 3ULHVWHU YRQ %HWKHO GLH HLQ]LJH (U]¾KOXQJ LP $PRVEXFK
9 'LH IÖQIWH 9LVLRQ 9 9HUZHUIXQJ ,VUDHOV
,9 $P 1HXHV +HLO LQ GHU =XNXQIW
(QGH GHU *HIDQJHQVFKDIW ,VUDHOV XQWHU HLQHP QHXHQ 'DYLG LQ dSDUDGLHVLVFKHQo =XVW¾QGHQ
:LFKWLJH 7KHPHQ LP $PRVEXFK
'DV ZLFKWLJVWH7KHPDGHV $PRVEXFKHVO¾VVWVLFKPLWGHP 6WLFKZRUW6R]LDONULWLN ]XVDPPHQIDVVHQ 'DYRQ
VLQG YRU DOOHP GLH .DSLWHO EHVWLPPW YJO DEHU DXFK ,Q *RWWHV 9RON VROOHQ QLFKW GLH HLQHQ GLH DQ
GHUQDXVEHXWHQÖEHUYRUWHLOHQ XQGXQWHUGUÖFNHQ :¾KUHQGLQGHU +DXSWVWDGW6DPDULDGLHHLQHQSUXQN YROOH *HODJH IHLHUQ I ZHUGHQ GLH DQGHUHQ LPPHU ¾UPHU :HU VR GDV 5HFKW PLW )Ö¹HQ WULWW GHQ HUZDUWHW
GDV *HULFKW *RWWHV 5HFKW XQG *HUHFKWLJNHLW VLQG GLH HQWVFKHLGHQGHQ 6WLFKZRUWH YJO YRU DOOHP $P
:R GDV IHKOW VLQG DXFK *RWWHVGLHQVWH YHUORJHQ I RGHU ÖEHUIOÖVVLJ II 'DV LVW GHU 6LQQ GHU .XOWNUL
WLN GHV $PRV HU LVW QLFKW SULQ]LSLHOO JHJHQ *RWWHVGLHQVW
$XFK GLH 3URSKHWHQ GLH LP 1DPHQ *RWWHV ]XU 8PNHKU PDKQHQ ZHUGHQ YHUDFKWHW 6WDWWGHVVHQ
SRFKW GHU 6WDDW DXI HLJHQH 6W¾UNH XQG ZHLVW GHQ XQHUZÖQVFKWHQ 1ÐUJOHU $PRV DXV $P
ODXWHW GDV 8UWHLO d*HNRPPHQ LVW GDV (QGH IÖU PHLQ 9RON ,VUDHOo
'DUDXIKLQ
'LH )UHPGYÐONHUVSUÖFKH LQ $P HUZHLVHQ *RWW DOV +HUUQ GHU :HOWJHVFKLFKWH GHQQ 7\UXV (GRP $PPRQ
XQG 0RDE ZHUGHQ DXIJUXQG YRQ dYÐONHUUHFKWOLFKHQo 9HUJHKHQ YHUXUWHLOW GLH PLW ,VUDHO QLFKWV ]X WXQ KDEHQ
:¾KUHQG DEHU LQ DQGHUHQ 3URSKHWHQEÖFKHUQ GDV 8QKHLO IÖU IUHPGH 9ÐONHU +HLO IÖU ,VUDHO EHGHXWHW YJO
] % -HU II (] II O¾XIW EHL $PRV DOOHV DXI HLQH $QNODJH ,VUDHOV KLQDXV 'LH )UHPGYÐONHUVSUÖFKH VFKOLH
¹HQ PLW HLQHU ÖEHUODQJHQ ,VUDHOVWURSKH GHQQ DXFK LQ ,VUDHO ZLUG JHIUHYHOW :HLO DEHU ,VUDHO HUZ¾KOW LVW $P
NDQQ *RWW YRQ GLHVHP 9RON EHVRQGHUH /R\DOLW¾W HUZDUWHQ -HW]W LVW ,VUDHO JHZRUGHQ ZLH HLQV GHU DQGH
UHQ 9ÐONHU YJO $P
1XU JDQ] ]DJKDIW VFKHLQWLP $PRVEXFKHLQH +RIIQXQJIÖU ,VUDHO DXI :HQQ ,VUDHO *RWW VXFKW XQG GDPLW GDV
*XWH GDQQ ZLUG HV YLHOOHLFKW JHUHWWHW YJO $P
ZLUNOLFKHV QHXHV +HLO YHUKHL¹HQ $P
(UVW IÖU GLH =XNXQIW LVW YHUPXWOLFK DOV VS¾WHUHU =XVDW]

7H[WDXVZDKO
/LWHUDWXU
'LH 9LVLRQHQ $P XQG $P
'LH 9LVLRQHQ VROOHQ DOOH ]XVDPPHQ DOV VLQQYROOH .RPSRVLWLRQ ZDKUJHQRPPHQ ZHUGHQ $PRV ZLUG
HLQHQ :HJ JHIÖKUW
'LH (U]¾KOXQJ $P
'DV VHOEVWKHUUOLFKH ,VUDHO ZLOO GHQ 3URSKHWHQ QLFKW KÐUHQ 'HVKDOE NRPPW *RWWHV *HULFKW
*HJHQ ¾X¹HUOLFKHQ *RWWHVGLHQVW $P
*RWWHVGLHQVW PXVV GHQ $OOWDJ GXUFKGULQJHQ VRQVW EOHLEW HU WRW YJO 5ÐP
*HJHQ GLH 9HUNHKUXQJ YRQ 5HFKW XQG *HUHFKWLJNHLW $P
„5HFKW XQG *HUHFKWLJNHLWo DOV ,QEHJULII GHV :LOOHQV *RWWHV EHL GHQ 3URSKHWHQ
67877*$57(5 (5./ž581*6%,%(/ 'LH +HLOLJH 6FKULIW QDFK GHU ¶EHUVHW]XQJ 0DUWLQ /XWKHUV PLW (LQIÖKUXQJHQ
XQG (UNO¾UXQJHQ 6WXWWJDUW
%(+5(16 $&+,0 d*UDPPDWLN VWDWW (NVWDVH o 'DV 3K¾QRPHQ GHU V\QWDNWLVFKHQ :LHGHUDXIQDKPH DP %HL
VSLHO YRQ $P
6FKZHL] *ÐWWLQJHQ
LQ $ :DJQHU +J 6WXGLHQ ]XU KHEU¾LVFKHQ *UDPPDWLN 2%2 )UHLEXUJ
-(5(0,$6 -°5* 'HU 3URSKHW $PRV $7' *ÐWWLQJHQ
-(5(0,$6 -°5* $UW $PRV $PRVEXFK 5** 7ÖELQJHQ
0,&+(/ ',(7+(/0 $PRV LQ GHUV ,VUDHOV *ODXEH LP :DQGHO (LQIÖKUXQJHQ LQ GLH )RUVFKXQJ DP $OWHQ
7HVWDPHQW %HUOLQ
60(1' 58'2/) 'DV1HLQGHV $PRVLQ GHUV 'LH0LWWHGHV $OWHQ7HVWDPHQWV *HVDPPHOWH6WXGLHQ %(Y7K 0ÖQFKHQ
9HUIDVVHU 3IU 'U $FKLP %HKUHQV $P +HUUQ]DXQ $OWHQVWDGW +ÐFKVW

$UEHLWVHLQKHLW ]X 7H[WDEVFKQLWW $PRV XQG $PRV
'LH 9LVLRQHQ
, 7H[WEHWUDFKWXQJ
'LH YLHU NOHLQHQ 7H[WHLQKHLWHQ JOHLFKHQ VLFK LQ LKUHU VSUDFKOLFKHQ )RUP XQG ELOGHQ HLQHQ LQQHUHQ =XVDP
PHQKDQJ
9LHUPDO ZLUG GHP 3URSKHWHQ HWZDV JH]HLJW 'LH %LOGHU OÐVHQ MHZHLOV HLQ *HVSU¾FK ]ZLVFKHQ GHP 3URSKH
WHQ XQG *RWW DXV 8QG GLHVH NXU]HQ 5HGHZHFKVHO ZLUNHQ VLFK GDQQ DXI *RWWHV ZHLWHUHV 9HUKDOWHQ DXV 'LH
VH *HVDPWYRUJ¾QJH VROOHQ PLW GHP :RUW 9LVLRQ EH]HLFKQHW ZHUGHQ
'HU :HJ GHU LQ GHU $EIROJH GHU YLHU 9LVLRQHQ EHVFKULWWHQ ZLUG ZLUG DXV HLQHP 9HUJOHLFK GHXWOLFK
$PRV
$PRV
$PRV
$PRV
9LVLRQ
%LOG +HXVFKUHFNHQ
$NWHXU LP %LOGJHVFKH
KHQ
(LQHU GHU
6SRQWDQH 5HDNWLRQ GHV
3URSKHWHQ
)ÖUELWWH
$QWZRUW *RWWHV
:LGHUUXI
9LVLRQ
%LOG )HXHU
$NWHXU LP %LOGJHVFKH
KHQ
*RWW GHU +(55
6SRQWDQH 5HDNWLRQ GHV
3URSKHWHQ
)ÖUELWWH
$QWZRUW *RWWHV
:LGHUUXI
9LVLRQ
%LOG %OHLORW
$NWHXU LP %LOGJHVFKH
KHQ
GHU +HUU
)UDJH *RWWHV DQ GHQ
3URSKHWHQ
:DV VLHKVW GX"
$QWZRUW GHV 3URSKHWHQ
(LQ %OHLORW
*RWWHVVSUXFK
.HLQ 1DFKVHKHQ
9LVLRQ
%LOG 2EVWNRUE
$NWHXU LP %LOGJHVFKH
KHQ
)UDJH *RWWHV DQ GHQ
3URSKHWHQ
:DV VLHKVW GX"
$QWZRUW GHV 3URSKHWHQ
(LQ .RUE PLW 2EVW
*RWWHVVSUXFK
(QGH ,VUDHOV
$XI GLH EHZHJWHQ %LOGHU IROJHQ ]XQHKPHQG VWDWLVFKH
*RWW ZLUG DOV +DQGHOQGHU ]XQ¾FKVW QXU DQJHGHXWHW GDQQ ]ZHLPDO DXVGUÖFNOLFK EHQDQQW VFKOLH¹OLFK WULWW HU
JDQ] ]XUÖFN VR DOV Z¾UH QLFKWV PHKU ]X PDFKHQ
:¾KUHQG GHU 3URSKHW VLFK ]XQ¾FKVW ]ZHLPDO HQJDJLHUW HLQPLVFKW VFKHLQW HU GDQDFK UHVLJQLHUW 1XU ]Ð
JHUQG QLPPW HU VFKOLH¹OLFK ZDKU ZDV *RWW LKP ]HLJW 'DV UHWDUGLHUHQGH 0RPHQW NRPPW LQ GHQ EHLGHQ
OHW]WHQ 9LVLRQHQ GXUFK GLH )UDJH *RWWHV ]XP $XVGUXFN PLW GHU *RWW GHQ 3URSKHWHQ JOHLFKVDP ]XP +LQ
VFKDXHQ DQVWйW :¾KUHQG GLH HUVWHQ %LOGHU QRFK VHOEVWUHGHQG IÖU VLFK VSUHFKHQ ZLUG GDV YLHUWH ÖEHU
KDXSW HUVW GDGXUFK YHUVW¾QGOLFK GDVV GHU 3URSKHW DXVVSULFKW ZDV HU VLHKW GHQQ GLH EHLGHQ :RUWH (UQWH
XQG (QGH EHUÖKUHQ VLFK LP +HEU¾LVFKHQ HQJ LQ LKUHP %XFKVWDEHQEHVWDQG 'XUFK GDV $XVVSUHFKHQ GHV HL
QHQ %HJULIIHV ZLUG GHU DQGHUH XQZLOONÖUOLFK DVVR]LLHUW NDML] NH]

:¾KUHQG *RWW ]XQ¾FKVW ]ZHLPDO VHLQH 0HLQXQJ¾QGHUW XQG VHLQ EHUHLWVLQ $QJULIIJHQRPPHQHV9RUKDEHQ GRFK QRFK LQ OHW]WHU 0LQXWH ZLGHUUXIW HUNO¾UW HU VLFK GDQDFK ]ZHLPDO XQZLGHUUXIOLFK DOV NRPSURPLVVORV
HQWVFKORVVHQ XQG KDUW
,, *HGDQNHQLPSXOVH ]XP 9HUVW¾QGQLV GHU NOHLQHQ 7H[WUHLKH
'HU 3URSKHW HUVFKHLQW DOV )ÖUELWWHU IÖU GDV 9RON 'LH )ÖUELWWH HLQHV 0HQVFKHQ EHZLUNW GDVV *RWW VHLQH
0HLQXQJ ¾QGHUW MD VHLQ VFKRQ LQ $XVIÖKUXQJ VWHKHQGHV *HULFKWVKDQGHOQ DEEULFKW
1DFKGHP GHU 3URSKHW GXUFK VHLQH IÖUELWWHQGH ,QWHUYHQWLRQ ]XQ¾FKVW *RWWHV YHUQLFKWHQGHP 6WUDIHQ (LQ
KDOW JHELHWHQ NRQQWH VWHKW GDQDFK GDV (QGH ,VUDHOV XQWHU *RWWHV *HULFKW RIIHQEDU GHILQLWLY IHVW 'LH 7H[W
IROJH HQGHW VHKU QHJDWLY :R ILQGHW VLFK YLHOOHLFKW GHQQRFK HLQ +LQZHLV DXI *RWWHV UHWWHQGH *ÖWH LQ GLHVHU
*HVFKLFKWH JDQ] RKQH +DSS\ (QG"
'HU 3URSKHW HU]¾KOW ZDV *RWW LKQ KDW VHKHQ XQG GDPLW LQ OHW]WHU *HZLVVKHLW HUNHQQHQ ODVVHQ :HU VLQG
GLH +ÐUHU DQ GLH HU VLFK ZHQGHW" :DUXP WHLOW HU VHLQH (UNHQQWQLV PLW ZHQQ GRFK RIIHQEDU QLFKWV PHKU ]X
¾QGHUQ LVW"
,,, 9RUVFKODJ ]XU *HVWDOWXQJ GHV +DXVNUHLVHV
'HU 5DKPHQ GHV =XVDPPHQVHLQV PDJ LQ GHU JHZRKQWHQ :HLVH JHVWDOWHW ZHUGHQ
*HPHLQVDPHV %HWUDFKWHQ XQG :DKUQHKPHQ GHU 7H[WUHLKH
9LHU 3HUVRQHQ OHVHQ ]XQ¾FKVW MHZHLOV HLQH GHU YLHU 9LVLRQHQ YRU 'DQQ ZHUGHQ GLH 7H[WH HLQ ]ZHLWHV 0DO
YRUJHOHVHQ ZREHL GLH :RUWH *RWWHV XQG GLH :RUWH GHV 3URSKHWHQ DXI YHUVFKLHGHQH 3HUVRQHQ YHUWHLOW ZHU
GHQ
'DQDFK %HWUDFKWHQ GHU .DULNDWXU YRQ ,YDQ 6WHLJHU ]XU YLHUWHQ 9LVLRQ
¶EHUUHLI 1RFK HWZDV OLH¹ *RWW GHU +HUU PLFK VHKHQ
(V ZDU HLQ (UQWHNRUE YROO 2EVW
(U IUDJWH PLFK $PRV ZDV VLHKVW GX"
,FK DQWZRUWHWH (LQHQ .RUE PLW UHLIHP 2EVW
'D VDJWH GHU +HUU -D UHLI LVW PHLQ 9RON r ]XP *HULFKW
2KQH (UEDUPHQ ZLOO LFK DOOHV DEHUQWHQ
$EELOGXQJ DXV ,YDQ 6WHLJHU VLHKW GLH %LEHO 6WXWWJDUW 6HLWH

,Q GHP %LOG GHU 2EVWVFKDOH YHUELUJW VLFK QRFK HLQ WLHIHUHU 6LQQ GHU GXUFK GHQ )UHPGNÐUSHU )HUQVHKHU DQ
JHGHXWHW LVW 'HVVHQ %LOGVFKLUP LVW MHGRFK OHHU 'LH ]ZHLWH PHWDSKRULVFKH %HGHXWXQJ EOHLEW ]XQ¾FKVW RIIHQ
6LH PXVV HUVW JHVXFKW XQG JHIXQGHQ ZHUGHQ
,Q GHU GDUJHVWHOOWHQ 9LVLRQ OLHJW GHU 'UHKSXQNW LQ GHP 6SUDFKVSLHO LP KHEU¾LVFKHQ 8UWH[W ]ZLVFKHQ GHP
:RUW IÖU (UQWH NDML] GDV DXI GLH UHLIHQ )UÖFKWH KLQGHXWHW XQG GHP :RUW IÖU (QGH NH] GDV DXI GLH HUQVWH
6LWXDWLRQ KLQGHXWHW LQ GHU VLFK GDV 9RON ,VUDHO GDPDOV EHIDQG
(V JHKW DEHU XP PHKU DOV QXU XP HLQ 6SUDFKVSLHO GDV JHJHEHQH 7DWVDFKHQ HLQIDFK IHVWVWHOOW 'LH 9LVLRQHQ
GHV $PRV ODVVHQ XQV =HXJHQ HLQHV JHUDGH]X DXIUHJHQGHQ *HVFKHKHQV ZHUGHQ *RWW WHLOW VLFK GHP 3UR
SKHWHQ PLW ,Q LKUHP *HVSU¾FK PLWHLQDQGHU HQWZLFNHOW VLFK HUVW ZLH *RWW VLFK GDQQ VHLQHP 9RON JHJHQÖEHU
WDWV¾FKOLFK YHUK¾OW 'HU 3URSKHW LVW DQ GLHVHP 3UR]HVV GHU (QWVFKHLGXQJVILQGXQJ *RWWHV DNWLY MD OHLGHQ
VFKDIWOLFK EHWHLOLJW
'DV XQEHZHJWH %LOG ELOGHW GHQ $EVFKOXVV HLQHU 5HLKH YRQ GUDPDWLVFK EHZHJWHQ %LOGHUQ XQG HQJDJLHUWHQ
(LQJULIIHQ GHV 3URSKHWHQ GLH IÖU *RWWHV +DQGHOQ DOOHV DQGHUH DOV IROJHQORV EOHLEHQ
9LVLRQ 'LH +HXVFKUHFNHQ VLQG VFKRQ JHIHUWLJW 8QPLWWHOEDU EHYRU VLH GDUDQ JHKHQ GDV *UDV GDV ]XP
]ZHLWHQ 6FKQLWW Z¾FKVW GHU IÖU GHQ /DQGZLUW EHVRQGHUV ZLFKWLJ LVW DE]XIUHVVHQ ZLUG GLHVH 9HUQLFKWXQJ
QRFK DEJHEODVHQ XQG YHUKLQGHUW
9LVLRQ 'DV )HXHU KDW EHUHLWV GLH 6HHQ DXVJHWURFNQHW XQG GDV $FNHUODQG YHUEUDQQW 1XU HLQ OHW]WHU 5HVW
NDQQ QRFK YRU GHP 9HUGHUEHQ JHUHWWHW ZHUGHQ
9LVLRQ -HW]W ZLUG QXU QRFK %LODQ] JHPDFKW 1LFKWV O¾VVW VLFK PHKU ¾QGHUQ *RWW QLPPW GLH $EVFKOXVVSUÖ
IXQJ XQG GDV $XIPD¹ YRU 'HU 6FKOXVVVWULFK ZLUG JH]RJHQ
9LVLRQ 5HLI ]XP (QGH LVW PHLQ 9RON ,VUDHO 'LH 6FKÐQKHLW UHLIHU )UÖFKWH W¾XVFKW 'DV žX¹HUH EOHQGHW
1LFKW UHLI ]XU 9ROOHQGXQJ VRQGHUQ UHLI ]XP (QGH
*RWWXQGGHU3URSKHWVSUHFKHQXQGYHUKDQGHOQ ÖEHUGDV6FKLFNVDOGHV9RONHV ,VUDHORKQHGDVVGLH %H
WURIIHQHQ VHOEVW EHWHLOLJW XQG LQ GDV *HVSU¾FK HLQEH]RJHQ VLQG :LUG ÖEHU GHUHQ .RSI KLQZHJ ÖEHU VLH HQW
VFKLHGHQ"
$QUHJXQJHQ ]XU $XVHLQDQGHUVHW]XQJ PLW GHU %RWVFKDIW GHU 7H[WUHLKH LP *HVSU¾FK
'HU 3URSKHW ZHQGHW ]ZHLPDO HLQ GDV 9RON VHL MD VR VFKZDFK
,Q ZHOFKHQ 6LWXDWLRQHQ KDEHQ ZLU DQGHUQ JHJHQÖEHU YRUJHEUDFKW ZLU VHLHQ ]X VFKZDFK"
*HVFKDK HV DXV HFKWHU ¶EHUIRUGHUXQJ" +DWWHQ ZLU $QJVW GDYRU XQV ]X H[SRQLHUHQ" :DU HV QXU HLQH EH
TXHPH $XVUHGH"
:LH KDW XQVHU *HJHQÖEHU DXI XQVHUH d'HPXWVJHE¾UGHo UHDJLHUW" 9HU¾UJHUW RGHU NRQVWUXNWLY ZHLWHUKHO
IHQG"
:LH VLHKW EHL XQV GDV $XI XQG $E ]ZLVFKHQ 6FKZ¾FKH *HIÖKOHQ XQG 6WDUN )ÖKOHQ DXV"
*RWW YHUK¾OW VLFK HLQPDO VHKU IOH[LEHO XQG LVW VRIRUW EHUHLW VHLQH YRUJHIDVVWH 0HLQXQJ ]X ÖEHUGHQNHQ XQG
HLQHQ JDQ] DQGHUHQ :HJ HLQ]XVFKODJHQ (LQPDO YHUK¾OW HU VLFK NRPSURPLVVORV KDUW XQG O¾VVW ÖEHUKDXSW
QLFKWPLWVLFKUHGHQ VR VWXU GDVVPDQ VLFKIUDJW :DUXPVXFKWHUÖEHUKDXSWQRFKGDV *HVSU¾FKPLWGHP 3URSKHWHQ"
:HOFKH (UIDKUXQJHQ KDEHQ ZLU PLW *RWW JHPDFKW"

+DEHQ ZLU LKQ HKHU DOV OLHE XQG JHVFKPHLGLJ HUOHEW RGHU HKHU VFKDUI ULFKWHQG"
'HU 3URSKHW ELWWHW IÖU VHLQ 9RON r XQG O¾VVW HV GDQQ VHLQ
:HOFKH %HGHXWXQJ KDEHQ )ÖUELWWHQ LQ XQVHUHQ *HEHWHQ"
)ÖU ZHQ EHWHQ ZLU"
:DV EHZHJW XQV ]X )ÖUELWWHQ"
:HOFKHV VLQG GLH 6LWXDWLRQHQ XQG =HLWHQ GLH PLW GHQ 9LVLRQHQ YRP %OHLORW XQG 2EVWNRUE JHNHQQ]HLFKQHW
VLQG LQ GHQHQ )ÖUELWWH DXVVLFKWVORV HUVFKHLQW XQG VLH GHVKDOE XQWHUEOHLEW"
$PRV EHULFKWHW GHP 9RON" GDVV *RWW LKP HLQHQ 'XUFKEOLFN JHVFKHQNW KDW GHU LKQ GLH DXJHQEOLFNOLFKH 6L
WXDWLRQ VHLQHV 9RONHV GXUFKVFKDXHQ XQG PLW 6FKUHFNHQ HUNHQQHQ O¾VVW ZDV GLH 6WXQGH JHVFKODJHQ KDW
:LH VLHKW HV PLW XQVHUQ %HXUWHLOXQJHQ DQGHUHU 0HQVFKHQ DXV"
:RKHU QHKPHQ ZLU GLH *HZLVVKHLW DQGHUH 0HQVFKHQ ZLUNOLFK GXUFKVFKDXW ]X KDEHQ"
:LH ZLUNW VLFK XQVHUH 6LFKWZHLVH ÖEHU DQGHUH DXI XQVHU 9HUKDOWHQ LKQHQ JHJHQÖEHU DXV"
:LH ODQJH VHW]HQ ZLU XQV IÖU MHPDQGHQ HLQ XQG ZDQQ ODVVHQ ZLU LKQ IDOOHQ"
*RWW ÐIIQHW $PRV GLH $XJHQ 'DGXUFK ZLUG HU ]XP %HWHLOLJWHQ DQ *RWWHV 7XQ XQG 9HUKDOWHQ
:LH ]LHKW *RWW XQV LQ VHLQH 6DFKH PLW KLQHLQ"
:DQQ VLQG ZLU VSRQWDQ EHUHLW XQV GDUDXI HLQ]XODVVHQ ZHLO ZLU PHLQHQ XQV QÖW]OLFK HLQEULQJHQ ]X NÐQ
QHQ"
:DQQ PÖVVHQ ZLU HUVW QDFKGUÖFNOLFK GDUDXI JHVWR¹HQ ZHUGHQ GDVV *RWW XQV HWZDV VHKHQ ODVVHQ ZLOO
ZHLO HV XQV VFKZHU HUVFKHLQW GDPLW XP]XJHKHQ"
'LH *HVSU¾FKVLPSXOVH PÖVVHQ QLFKW DOOH DXIJHQRPPHQ ZHUGHQ *XW LVW HV ZHQQ VLFK DQ EHVWLPPWHQ
3XQNWHQ HLQ DXVIÖKUOLFKHUHU *HGDQNHQDXVWDXVFK HUJLEW
6HKU VFKÐQ LVW ZHQQ GDV *HVSU¾FK GDKLQ IÖKUW VLFK EHVWLPPWH SUDNWLVFKH $XIJDEHQ ]X VWHOOHQ ] %
]XU )ÖUELWWH
HLQ]HOQH SHUVÐQOLFKH 9HUK¾OWQLVVH GLH EHODVWHW RGHU IHVWJHIDKUHQ VLQG DXI]XDUEHLWHQ
EHVWLPPWHQ VFKZLHULJHQ 6LWXDWLRQHQ QLFKW PHKU VR VHOEVWYHUVW¾QGOLFK DXV]XZHLFKHQ
RGHU VRJDU GLH HLJHQH (LQVWHOOXQJ *RWW JHJHQÖEHU ]X ¾QGHUQ
9HUIDVVHU 3URI 'U 9RONHU 6WROOH $OWNÐQLJVWU 2EHUXUVHO

7H[WDEVFKQLWW $PRV r $Q]HLJH JHJHQ $PRV XQG /DQGHVYHUZHLV
9HUWHLGLJXQJ GHV $PRV
, $XIEDX GHV 7H[WHV
9 r $Q]HLJHGHV2EHUSULHVWHUVXQGNÐQLJOLFKHQ %HDPWHQ $PD]MDEHLP .ÐQLJ-HUREHDPJHJHQ $PRV ZHJHQ $XIUXKUV XQG +RFKYHUUDWV
9 r $PRV ZLUG GXUFK $PD]MD GHV /DQGHV YHUZLHVHQ
9 r $QWZRUW GHV $PRV DXI GDV ZDV LKP YRUJHZRUIHQ ZLUG
9 r *RWWHV *HULFKWVERWVFKDIW IÖU GHQ 3ULHVWHU $PD]MD
,, $QPHUNXQJHQ ]X HLQ]HOQHQ 9HUVHQ
$PD]MD ZDU 2EHUSULHVWHU XQG GDKHU DXFK %HDPWHU GHV .ÐQLJV -HUREHDP ,, GHV .ÐQLJV LP 1RUGUHLFK ,V
UDHO Y &KU 'LH :LUNXQJVVW¾WWH GHV $PD]MD ZDU GDV NÐQLJOLFKH +HLOLJWXP XQG 5HLFKVWHPSHO %H
WKHO $OV %HDPWHU GHV .ÐQLJV HUVWDWWHW $PD]MD HLQH $Q]HLJH JHJHQ $PRV ZHJHQ $XIUXKUV ZDV YHUVW¾QGOLFK
LVW ZHQQ PDQ VHLQH *HULFKWVZHLVVDJXQJHQ LQ %HWUDFKW ]LHKW
$PD]MD EHJUÖQGHW VHLQH $QNODJH HWZDV Q¾KHU %HVRQGHUV HLQGUXFNVYROO EHLP .ÐQLJ PÖVVHQ GLH ]ZHL
$QGURKXQJHQZLUNHQGDVVGHU .ÐQLJGXUFKGDV6FKZHUWVWHUEHQXQGGDV9RON LQ GLH9HUEDQQXQJPXVV 2EZRKO XQV GLHVH :RUWH GHV $PRV QLUJHQGZR DQGHUV ÖEHUOLHIHUW ZXUGHQ JHKHQ VLH PLW GHP NRQIRUP ZDV
LQ DQGHUHQ .DSLWHOQ GHV %XFKHV $PRV ]XP $XVGUXFN JHEUDFKW ZLUG
r (V IHKOW HLQH5HDNWLRQGHV .ÐQLJVDXIGLH $Q]HLJHJHJHQ $PRV (QWZHGHULVWVHLQH5HDNWLRQVR VHOEVWYHUVW¾QGOLFK GHP $XIUÖKUHU GURKW MD GLH 7RGHVVWUDIH GDVV VLH QLFKW HLQPDO QHQQHQVZHUW LVW RGHU
DEHU $PD]MD IÖKOWH VLFK ZHJHQ GHU JOHLFKHQ 6HOEVWYHUVW¾QGOLFKNHLW LP $XVJDQJ GLHVHU $QJHOHJHQKHLW LQ GHU
/DJH GDV 5HFKW DXI HLJHQH )DXVW DXVIÖKUHQ ]X NÐQQHQ XQG YHUZHLVW $PRV GHVKDOE GHV /DQGHV (LQH GULWWH
(UNO¾UXQJ IÖU GLH IHKOHQGH 5HDNWLRQ GHV .ÐQLJV LVW GDVV $PD]MD VLH JDU QLFKW DEZDUWHW VRQGHUQ VFKRQ YRU
KHU PLW $PRV .RQWDNWDXIQLPPW ,VW GDV /HW]WHUHGHU )DOO GDQQ LVW $PD]MDV %RWVFKDIWDQ HUVWHU6WHOOH QLFKW
DOV /DQGHVYHUZHLV ]X YHUVWHKHQ VRQGHUQ YLHOPHKU DOV HUQVWKDIWHU 5DW GDVV $PRV LP HLJHQHQ ,QWHUHVVH GDV
/DQG YHUODVVHQ VROOWH
(JDO RE $PD]MDV :RUWH DOV 5HFKWVDXVIÖKUXQJ RGHU DOV 5DW ]X YHUVWHKHQ VLQG ]HLJW XQV GLH )RUPXOLHUXQJ LQ
GLHVHP 9HUV ZDV $PD]MD YRQ $PRVn 7¾WLJNHLW DOV 3URSKHW VRZLH YRQ VHLQHU %RWVFKDIW VHOEVW KLHOW $PRV VHL
QLFKWV PHKU DOV HLQ %HUXIVSURSKHW GHU DQ KHLOLJHQ 6W¾WWHQ ZLH %HWKHO DQJHEOLFK LP 1DPHQ *RWWHV %RW
VFKDIWHQ DXVULFKWHW XQG GDIÖU VHLQHQ /HEHQVXQWHUKDOW YHUGLHQW 'DVV GLH %RWVFKDIW GLHVHU %HUXIVSURSKHWHQ
DOOJHPHLQ RGHU PLQGHVWHQV GHP .ÐQLJ JHIDOOHQ PÖVVHQ XP ÖEHUKDXSW GDYRQ OHEHQ ]X NÐQQHQ YHUVWHKW
VLFK YRQ DOOHLQH 8QG VR LVW GDYRQ DXV]XJHKHQ GDVV $PD]MD GLH %RWVFKDIW GHV $PRV IÖU 0HQVFKHQZRUW XQG
QLFKW IÖU *RWWHVZRUW JHKDOWHQ KDW 9RQ GDKHU PXVV $PD]MD VHLQH *HULFKWVERWVFKDIWHQ XQG 1ÐUJHOHL DOV
6WÐUIDNWRU XQG DOV GLH 8UVDFKH XQQÐWLJHU 8QUXKH LP 9RON HPSILQGHQ :HQQ $PRV LQ GLHVHP %HUXI VHLQHQ
/HEHQVXQWHUKDOW YHUGLHQHQ PÐJH GDQQ VR $PD]MD VROOH HU LQ VHLQH +HLPDW GDV 6ÖGUHLFK -XGD ]XUÖFNNHK
UHQ
$XI MHGHQ )DOO PXVV $PD]MD DOV NÐQLJOLFKHU %HDPWHU $PRV MHGH ZHLWHUH 7¾WLJNHLW DOV 3URSKHW LP 5HLFKVKHL
OLJWXP %HWKHO YHUELHWHQ RGHU DEUDWHQ MH QDFK GHP ZLH VHLQH %RWVFKDIW DQ $PRV ]X YHUVWHKHQ LVW V $XV
OHJXQJ ]X 9

$PRVn $QWZRUW ]HLJW XQPLVVYHUVW¾QGOLFK GDVV HU VLFK GDJHJHQ ZHKUW ]X GHQ %HUXIVSURSKHWHQ GD]X
JH]¾KOW ]X ZHUGHQ DXFK GDJHJHQ GDVV VHLQ :RUW OHGLJOLFK 0HQVFKHQZRUW LVW $PRV JHKÐUW QDFK HLJHQHP
%HNXQGHQ ZHGHU ]X GHQ %HUXIVSURSKHWHQ QRFK ]X GHUHQ $QJHKÐULJHQ RGHU $QK¾QJHUQ 3URSKHWHQMÖQ
JHU 1HLQ HU HUQ¾KUW VLFK DOV +LUWH XQG 0DXOEHHUIHLJHQ]ÖFKWHU 9LHOPHKU KDW *RWW VHOEHU LKQ VR KHL¹W HV
ZRUWZÐUWOLFK ÖEHUVHW]W dKLQWHU GHU +HUGH ZHJJHQRPPHQo XQG PLW GHU 3URSKHWLH EHDXIWUDJW 'LH QLFKW
DXVJHVSURFKHQH DEHU IÖU GDV ULFKWLJH 9HUVW¾QGQLV GLHVHU 6WHOOH HQRUP ZLFKWLJH %RWVFKDIW GDEHL LVW :HLO
*RWWLKQ EHDXIWUDJWKDWLVW VHLQ :RUW *RWWHV :RUWXQG QLFKW0HQVFKHQZRUW'LH $XVZHLVXQJGHV $PRVLVW GDKHU DQ HUVWHU 6WHOOH QLFKW DOV HLQH $EVDJH DQ HLQHQ 0HQVFKHQ VRQGHUQ YLHOPHKU DOV $IIURQW JHJHQ *RWW
VHOEVW ]X YHUVWHKHQ
r 1XU YRQ GLHVHU :DUWH DXV NDQQ GDV LQ GLHVHQ 9HUVHQ YRQ $PRV YHUNÖQGHWH *HULFKW YHUVWDQGHQ
ZHUGHQ (U VWHOOW GHP :RUW GHV 3ULHVWHUV $PD]MD GDV 0HQVFKHQZRUW LVW GDV :RUW *RWWHV JHJHQÖEHU $
PD]MD GHU LP 1DPHQ GHV .ÐQLJVGLH 5XKH LP /DQG HUKDOWHQ ZROOWH XQG GDEHL *RWWHV3URSKHW DOVR *RWWHV
6WLPPH IÖU GDV 9RON ,VUDHO XQG GDKHU OHW]WHQGOLFK *RWW VHOEVW ]XP 6FKZHLJHQ EULQJHQ ZROOWH WULIIW GDV *H
ULFKW *RWWHV ]XHUVW XQG ]ZDUVR ZLH GDV LQ GHU GDPDOLJHQ =HLWÖEOLFK ZDU 'DV JDQ]H +DXVZLUGEHVWUDIW 'LH (KHIUDX ZLUG LQ GHQ NRPPHQGHQ .ULHJVZLUUHQ HQWHKUW XQG GLH 1DFKNRPPHQ VROOHQ XPJHEUDFKW ZHU
GHQ *HUDGH GDV /HW]WHUH KDW DOV )ROJH GDVV GLH 3ULHVWHUIDPLOLH DOVR VHLQ +DXV DXVVWLUEW 'HU 3ULHVWHU $
PD]MD VROO ZLH DXFK GDV 9RON GHV 1RUGUHLFKV LQ GLH 9HUEDQQXQJ LQ HLQ IUHPGHV /DQG GDV DOV XQUHLQ JLOW
ZHLO HV XQWHU GHP 6FKXW] IUHPGHU *ÐWWHU VWDQG
,,, 9RUVFKODJ ]XU *HVWDOWXQJ GHV +DXVNUHLVHV
1DFKGHP GHU 7H[W JHOHVHQ ZLUG XQG HV *HOHJHQKHLW ]X 9HUVW¾QGQLVIUDJHQ JLEW NÐQQWH IÖU GLH 0XWLJHQ XQG
6SRQWDQHQ IROJHQGHV 6SLHO YRQ ,QWHUHVVH VHLQ (QWZHGHU HUNO¾UHQ VLFK ]ZHL (LQ]HOQH EHUHLW RGHU ]ZHL
*UXSSHQ ZHUGHQ JHELOGHW 'DEHL PÖVVHQ QLFKW DOOH PLWPDFKHQ 'LH $XIJDEH GLHVHU ]ZHL 3HUVRQHQ RGHU
*UXSSHQ LVW LQ GLH 5ROOH HQWZHGHU GHV $PRV RGHU GHV $PD]MD ]X VFKOÖSIHQ XQG GDQQ GDV *HVSU¾FK PLW
GHP MHZHLOV DQGHUHQ ]X VXFKHQ :HQQ ]ZHL *UXSSHQ JHELOGHW ZHUGHQ NDQQ HV LQ MHGHU *UXSSH HLQHQ
6SUHFKHUJHEHQGHU $QUHJXQJHQYRQGHQDQGHUHQLQVHLQHU *UXSSHEHNRPPWXQGLQVHLQ *HVSU¾FKHLQ EDXW RGHU MHGH *UXSSH NDQQ VLFK NROOHNWLY DOV HLQH $UW $QZDOW GHV HLQHQ RGHU DQGHUHQ YHUVWHKHQ XQG VHLQH
6DFKH YHUIHFKWHQ
'DV *HVSU¾FK NDQQ JHUQH ÖEHU GDV KLQDXVJHKHQ ZDV LQ GLHVHU %LEHOVWHOOH HQWKDOWHQ LVW VROOWH DEHU PLQ
GHVWHQV GDV JUÖQGOLFK EHVSUHFKHQ ZDV LP 7H[W JHVDJW XQG DXFK ]ZLVFKHQ GHQ =HLOHQ JHPHLQW LVW 'D]X
VROOHQ IROJHQGH *HGDQNHQ KHOIHQ $XFK ZHQQ GLHVHV 6SLHO QLFKW DOV (LQVWLHJ GLHQW NDQQ GDV )ROJHQGH DOV
*HGDQNHQDQUHJXQJ GLHQHQ
)ÖU GLH d$PD]MDJUXSSHo RGHU rSHUVRQ
'LH =HLW LP 1RUGUHLFK ,VUDHO XQWHU .ÐQLJ -HUREHDP ,, LVW HLQH =HLW GHU ([SDQVLRQ GHV )ULHGHQV XQG GHV
NRQMXQNWXUHOOHQ $XIVFKZXQJV 'LH *UHQ]HQ VLQG QDFK PHQVFKOLFKHP (UPHVVHQ VLFKHU :HLW XQG EUHLW JHKW
HV GHP 9RON JXW 1DWÖUOLFK JLEW HV GDEHL $UPH XQG %HQDFKWHLOLJWH 1DWÖUOLFK ZHUGHQ VLFK GLHVH EHVFKZHUHQ
$EHULVWHVQLFKWÖEHUDOO VR GDVVJHUDGHZHQQHVYLHOHQ JXWJHKWGLH $UPHQPHLQHQPHKUYRQLKUHP

5HLFKWXP KDEHQ ]X VROOHQ" 8QG LVW HV QLFKW HLQIDFK HLQ XQYHU¾QGHUOLFKHV JHVHOOVFKDIWOLFKHV 3K¾QRPHQ
GDVV HV ÖEHUDOO 5HLFKH 81' $UPH JHEHQ PXVV"
'X ELVW HLQ YHUHKUWHU 3ULHVWHU DQ HLQHP VHKU EHNDQQWHQ +HLOLJWXP LP /DQG %HWKHO JHQLH¹W KRKHV $QVHKHQ
LP 9RON GD]X GLH *XQVW GHV .ÐQLJV MD ELVW VRJDU HLQ KRKHU %HDPWHU YRQ LKP 'X KDVW NHLQ EHVRQGHUHV
,QWHUHVVHDQHLQHUžQGHUXQJGHV6WDWXV4XR'DVVHV $UPHLP /DQGHJLEWVWÐUWGLFKQLFKWVRVHKU ,VWMD QLFKW ]X YHUPHLGHQ +DXSWVDFKH GHU .ÐQLJ -HUREHDP LVW PLW GHLQHU $UEHLW ]XIULHGHQ
'HU 1ÐUJOHU $PRVHUVFKHLQWDEHUHLQHV7DJHV (U ZLUIWGHP9RON 8QJHUHFKWLJNHLWDQGHQ $UPHQXQG :LW
ZHQ YRU %HL GLHVHP ZLUWVFKDIWOLFKHQ %RRP XQG :RKOVWDQG UHGHW HU YRP *HULFKW *RWWHV YRP .ULHJ XQG
7RG YRQGHU 9HUEDQQXQJYRP (QGHGHU'LQJH ZLHZLU VLHNHQQHQ :DVVROO GLH0LHVPDFKHUHL" (V JHKW
XQV GRFK JXW 'X ELVW VFKOLH¹OLFK DXFK HLQ 3URSKHW *RWWHV YHUVLHKVW GHLQHQ 'LHQVW LP +HLOLJWXP NHQQVW
GLFK GD DXV 6ROO *RWW QLFKW DXFK GHQ 5HLFKWXP LP /DQG EHZLUNW KDEHQ"
'X PHUNVW GLH 9HUXQVLFKHUXQJ XQG 8QUXKH LP 9RON GLH HQWVWDQGHQ LVW ZHLO $PRV JHUQH YRU YLHOHQ 0HQ
VFKHQVSULFKW'DEHLJHKWHVLKPVRJXW 'DUDQKDWGHU .ÐQLJJHZLVVNHLQHQ *HIDOOHQ 'LHVHU0DQQPXVV JHVWRSSW ZHUGHQ 6HLQH 3UHGLJW JHI¾OOW GLU QLFKW GDV (QGH YRQ XQVHUHP :RKOVWDQG GDV (QGH YRQ XQVHUHP
/DQG XQG PÐJOLFKHUZHLVHDXFK GHLQ SHUVÐQOLFKHV (QGH $OVR ]HLJVW GX LKQ EHLP .ÐQLJ DQ LQ GHU +RIIQXQJ
$PRV ]X EUHPVHQ XQG GDPLW GHP .ÐQLJ NODU ZLUG GDVV GX GLHVHV 3UREOHP LGHQWLIL]LHUW KDVW XQG DXFK DQ
HLQH /ÐVXQJ GHQNVW
'HU 0DQQ LVW VRZLHVR QXU HLQ %HUXIVSURSKHW ZLH HV VFKRQ HLQLJH LQ GHU 6WDGW %HWKHO JLEW ZLOO KRFKUDQJL
JHQ ZRKOKDEHQGHQ 0HQVFKHQ LP /DQGH PLW VHLQHQ DQJHEOLFK JÐWWOLFKHQ %RWVFKDIWHQ DXIIDOOHQ XP VHLQHQ
/HEHQVXQWHUKDOW ]X YHUGLHQHQ $OVR UHGHQ VLH RIW QXU ZDV GLH 5HLFKHQ KÐUHQ ZROOHQ 9LHOOHLFKW ZLOO HU GD
GXUFK DXIIDOOHQ GDVV HU HWZDV YÐOOLJ DQGHUHV SUHGLJW 'DV JLEW HV DXFK 8QG HV JLEW JHQXJ 0HQVFKHQ GLH
GDV KÐUHQ ZROOHQ $EHU %HUXIVSURSKHWHQ JLEW HV ZLH 6DQG DP 0HHU XQG ZHQQ HV HLQHQ ZHQLJHU GDYRQ
JLEW VFKDGHW HV DXFK QLFKW 8Q]¾KOLJH DQGHUH ZHUGHQ DXFK DXIVWHKHQ XQG VDJHQ ZDV HU VDJW ZHQQ VLH
PHUNHQ GDVV HV LKQHQ HWZDV EULQJW
)ÖU GLH d$PRVJUXSSHo RGHU SHUVRQ
'X ELVW HLQ XQEHGHXWHQGHU +LUWH GHU QHEHQEHL DXFK 0DXOEHHUIHLJHQ ]ÖFKWHW 'X JHKÐUVW KÐFKVWZDKU
VFKHLQOLFK ]X GHQHQ GLH VFKOHFKW YHUGLHQHQ XQG LKUH ([LVWHQ] ]XVDPPHQNUDW]HQ PÖVVHQ 8QG GD ELVW GX
HLQHV 7DJHV GLFKW DQ GHU +HUGH ZLH GDV +LUWHQ HEHQ WXQ XQG GD EHUXIW GLFK GHU $OOP¾FKWLJH LQV EHQDFK
EDUWHXQGQLFKWIUHXQGOLFK JHVRQQHQH /DQG GDV 1RUGUHLFK ,VUDHO ]X JHKHQXQGJHJHQGDV9RON ]X SUHGL
JHQ :DVZHUGHQVLHGHQNHQ" :DVZHUGHQVLHÖEHUPLFKVDJHQXQGYRQPLUKDOWHQ" ,FKWDXJHGRFKJDU QLFKW ]X VROFKHU $UEHLW *LEW HV QLFKW SURIHVVLRQHOOH 3URSKHWHQ GLH GDV WXQ NÐQQHQ"
8QG GRFK JLEW HV LUJHQGHLQHQ LQQHUHQ 'UDQJ GHU GLFK QLFKW ORVO¾VVW 'X NDQQVW JDU QLFKW DQGHUV ,UJHQGZDV
LQ GLU ]LHKWGLFKGDKLQ :DV VROOVW GX VDJHQ" :RKLQVROOVW GX JHKHQ" .HLQH $KQXQJ *RWWZLUGGLU GDV JH
ZLVV ]HLJHQ 8QG VLHKHGD GX ELVW LQ %HWKHO HLQH KHLOLJH 6W¾WWHIÖU GDV 9RON XQG I¾QJVWDQ XQDQJHQHKPH
%RWVFKDIWHQ ]X SUHGLJHQ %HVVHUW HXFK (XHU 5HLFKWXP VROO HXFK QLFKW IÖU GLH $UPHQ XQG %HQDFKWHLOLJWHQ
EOLQG PDFKHQ 8QG VFKOLH¹OLFK DXFK .ULHJ ZLUG NRPPHQ GDV /DQG ZLUG HUREHUW XQG VHLQ 9RON ZLUG YHU
EDQQW 9LHOOHLFKW K¾WWHVW GX YLHO OLHEHU HWZDV $QGHUHV JHVDJW DEHU GDV LVW *RWWHV %RWVFKDIW IÖU GDV 9RON 'X
PHUNVW ZLH KLHU XQG GD GHLQH %RWVFKDIW IÖU 8QUXKH RGHU 9HUXQVLFKHUXQJ LP 9RON VRUJW 9LHOOHLFKW EHZLUNW
GDV HWZDV 9LHOOHLFKW EURGHOW HV VR ODQJVDP LP 9RON

8QG GDQQ O¾VVW GLFK HLQHV 7DJHV GHU EHUÖKPWH 3ULHVWHU $PD]MD KROHQ (U JLEW GLU ]X ZLVVHQ GDVV HU GLFK
EHLP .ÐQLJ ZHJHQ $XIUXKUVDQJH]HLJWKDW XQG EHILHKOW GLU GDV /DQG ]X YHUODVVHQ XQG GHLQ %URW ]X +DXVH
]X YHUGLHQHQ 'DV 6FKOLPPH GDEHL LVW DEHU QLFKW GHU /DQGHVYHUZHLV VRQGHUQ $PD]MDV RIIHQNXQGLJH $Q
VLFKW GDVV GX QLFKWV DQGHUHV DOV HLQHU GHU GXUFKVLFKWLJHQ 3URIL 3URSKHWHQ ELVW GDVV GX VHLQHU 0HLQXQJ
QDFK QLH WDWV¾FKOLFK LP 1DPHQ *RWWHV JHVSURFKHQ VRQGHUQ QXU YHUVXFKW KDVW GLU HLQHQ 1DPHQ ]X PDFKHQ
XQG GDEHL HWZDV ]X YHUGLHQHQ 'X ELVW GHU 0HLQXQJ GDVV $PD]MD KÐUHQ VROO ZDV ZLUNOLFK JHVFKHKHQ LVW
GLH %HUXIXQJ dKLQWHU GHU +HUGHo ZHJ
'X EHJUHLIVW :HQQ HV QXU XP GLFK JLQJH ZÖUGHVW GX RKQH ZHLWHUHV QDFK +DXVH JHKHQ 'RFK JHKW HV
VFKOLH¹OLFK XP *RWWHV :RUW IÖU GLHVHV 9RON GDV DXI GHP EHVWHQ :HJ ]XP 9HUGHUEHQ KLQ LVW 'X ELVW *RWWHV
6SUDFKURKU :HQQ GX ZHJJHVFKLFNW ZLUVW ZLUG *RWWHV %RWVFKDIW QLFKW PHKU ODXW ZHQLJVWHQV YRUÖEHUJH
KHQG $EHU JHUDGH GDV VROO JHVFKHKHQ 8QG GRFK NRPPW HLQH OHW]WH %RWVFKDIW GHV *HULFKWV YRQ *RWW XQG
]ZDU IÖU GHQ GHU GHLQHQ 0XQG VWRSIHQ ZLOO
0ÐJOLFKH )UDJHQ IÖU GDV *HVSU¾FK
*RWWHV :RUW XQG 0HQVFKHQZRUW ,VW HV LPPHU VR HLQIDFK GLH ]ZHL YRQHLQDQGHU ]X XQWHUVFKHLGHQ"
:LH KÐUH LFK GLH 3UHGLJW DOV *RWWHV RGHU 0HQVFKHQZRUW"
:LH JHKW HV PLU RGHU :DV HPSILQGH LFK ZHQQ GHU 3IDUUHU HWZDV VDJW ZDV PLU QLFKW JHI¾OOW" (UOHEH LFK Ö
EHUKDXSW HLQH 6SDQQXQJ ]ZLVFKHQ *RWWHV :RUW XQG PHQVFKOLFKHP :RUW" :HQQ MD ZR XQG XQWHU ZHOFKHQ
8PVW¾QGHQ %HLVSLHO $OV %ÖUJHU" $OV (KHSDUWQHU RGHU (OWHUQWHLO" %HL GHU $UEHLW" XQG ZLH KDOWH LFK GLHVH
6SDQQXQJ DXV" 'D]X YLHOOHLFKW IROJHQGH %LEHOVWHOOHQ 5ÐP r XQG $SRVW r
*LEW HV GDV d$PD]MDo 3K¾QRPHQ DXFK LQ ,KUHU .LUFKHQJHPHLQGH GDVV DOVR 6¾XOHQ GHU *HPHLQGH XQG
WUHXH .LUFKJ¾QJHU GLH ZLUNOLFKH 1RW XQG JHVHOOVFKDIWOLFKH 8QJHUHFKWLJNHLW DOV VHOEVWYHUVW¾QGOLFK KLQQHK
PHQ XQG NHLQHU VR ULFKWLJ YHUVXFKW GHP ]X HQWJHJQHQ"
:DV ZÖUGH JHVFKHKHQ ZHQQ 6LH GDUDXI KLQZLHVHQ" :ÖUGHQ 6LH VLFK )HLQGH PDFKHQ"
*LEW HV GDV d$PRVo 3K¾QRPHQLQ ,KUHU .LUFKHQJHPHLQGHRGHUDXFKEHL ,KQHQLP .UHLV" ' K +DEHQ6LH VR HLQHQ LQQHUHQ 'UDQJ JHVSÖUW GHP GHV $PRV ¾KQOLFK DXFK ZHQQ RKQH GLH GLUHNWH dJÐWWOLFKH %HUXIXQJo
HWZDV LP 1DPHQ *RWWHV ]X WXQ" +DEHQ 6LH GDEHL *HJHQZLQG HUIDKUHQ" :LH VLQG 6LH GDPLW XPJHJDQJHQ"
:LH HPSILQGHQ 6LH GLH 7DWVDFKH GDVV $PD]MD IÖU VHLQH +DOWXQJ XQG VHLQ 9HUKDOWHQ EHVWUDIW ZXUGH"
+¾WWHQ 6LH VLFK HV GDPDOV DQGHUV YHUKDOWHQ DOV HU" :HQQ MD ZDUXP"
:LH HPSILQGHQ 6LH GLH 7DWVDFKH GDVV HUVW $PD]MDV )DPLOLH YRQ GHU 6WUDIH EHWURIIHQ ZLUG" 3DVVW GDV ]X
GHP ZDV 6LH ELV MHW]W ÖEHU *RWW JHGDFKW KDEHQ"
'D]X IROJHQGH %LEHOVWHOOH 5ÐP r
/LHGYRUVFKODJ (/.* d,FK ZHL¹ PHLQ *RWW GDVV DOO PHLQ 7XQo 6WU
9HUIDVVHU 3IU 6FRWW 0RUULVRQ .DUSIHQVWU .DLVHUVODXWHUQ

$UEHLWVHLQKHLW ]X 7H[WDEVFKQLWW $PRV
*HJHQ ¾X¹HUOLFKHQ *277HVGLHQVW *277HVGLHQVW PXVV GHQ $OOWDJ GXUFKGULQJHQ
VRQVW EOHLEW HU WRW
$XIEDX GHV 7H[WHV
*OLHGHUXQJ LQ $EVFKQLWWH ]XP /HVHQ XQG %HGHQNHQ
$PRV VDJW *277 LVW JHJHQ HLQHQ UHLQ ¾X¹HUOLFK SUDNWL]LHUWHQ *277HVGLHQVW
:R EOHLEW GDV 9HUKDOWHQ LP $OOWDJ DXIJUXQG GHU DQ VLFK *277 ZRKOJHI¾OOLJHQ *277HVGLHQVWH"
'DV dIDOVFKHp *277HVGLHQVWYHUKDOWHQ EHJLQQW PLW IDOVFKHQ 9RUVWHOOXQJHQ VHLWHQV GHU 0HQVFKHQ
ZDV GHQ 2SIHUNXOW DQJHKW
([HJHWLVFKH XQG V\VWHPDWLVFK WKHRORJLVFKH +LQZHLVH
]X 9HUV žKQOLFKHV NOLQJW DXFK LQ GHU 9HUZHLVVWHOOH -HVDMD RGHU DXFK 0LFKD DQ (V JHKW KLHU QH
EHQ GHU d6R]LDONULWLNp DXFK XP HLQH JHZLVVH d.XOWNULWLNp 'LH VSDQQHQGH )UDJH LVW :DV ZLUG NULWLVLHUW 'LH
d)HLHUWDJHp XQG d9HUVDPPOXQJHQp DQ VLFK RGHU GDV 9HUKDOWHQ GHU ,VUDHOLWHQ GDPDOV" 'LH 9HUPXWXQJ OLHJW
QDKH HV JHKW XP GLH (LQVWHOOXQJ GHU *277HVGLHQVWEHVXFKHU XQG GHUHQ VRQVWLJHV 9HUKDOWHQ 'DV ZLUG NULWL
VLHUW QLFKW GLH 2SIHU GLH *RWWHVGLHQVWH RGHU )HLHUWDJH DQ VLFK 9HUJOHLFKH KLHU]X DXFK GLH $XVVDJHQ LQ 9HUV
9LHOOHLFKW ZXUGH GLHVHV 3URSKHWHQZRUW DQ HLQHP )HVWWDJ VSULFK EHL HLQHP *277HVGLHQVW JHVSURFKHQ
*277 MHGHQIDOOV GLVWDQ]LHUW VLFK PLW $EVFKHX YRQ VROFKHQ )HVWHQ GLH RKQH MHJOLFKHQ %H]XJ ]XP $OOWDJ GHU
,VUDHOLWHQ VWHKHQ
=X 9HUV %UDQGRSIHU 6SHLVRSIHU XQG 2SIHUPDKO]HLWHQ ZDUHQ DOOHVDPW $XVGUXFN GHV *277HVGLHQVWHV
LQ ,VUDHO ,QIRV GD]X LP 6DFKHUNO¾UXQJVWHLO MHGHU %LEHO XQWHU d2SIHUp HLQ]XVHKHQ *277HVGLHQVWH ZXUGHQ
JHIHLHUW DP 6DEEDW 1HXPRQG XQG ]X EHVWLPPWHQ ZLHGHUNHKUHQGHQ 7HUPLQHQ DOV d-DKUHVIHVWHp LP VRJH
QDQQWHQ d+DOOMDKUo XQG HLJHQWOLFK VROOWH DXFK GDV JDQ]H /HEHQ GHU ,VUDHOLWHQ HLQ dW¾JOLFKHU *277HVGLHQVWp
VHLQ )ÖU DOOH GLHVH *HOHJHQKHLWHQ ]XP *277HVGLHQVW JDE HV 9RUVFKULIWHQ ZDV DQ %UDQG 6SHLV 7UDQN
'DQN XQG 6ÖQGRSIHU ]X HQWULFKWHQ ZDU 0RVH 'HU *277HVGLHQVW ZXUGH IUHLZLOOLJ RGHU DXV HLQHP
EHVWLPPWHQ $QODVV EHVXFKW 0LW $XVQDKPH GHU %UDQGRSIHU XQG 6ÖQGRSIHU JHKÐUWH LPPHU DXFK HLQH 2S
IHUPDKO]HLWGD]X GLH YRQ GHQ 2SIHUQGHQEHJDQJHQZXUGH =XP *277HVGLHQVWJHKÐUWHVHOEVWYHUVW¾QGOLFK GHU *HVDQJ GHU /HYLWHQ GHU 7DQ] XQG 0XVLN *277HVGLHQVWH ZXUGHQ JHIHLHUW LQ +HLOLJWÖPHUQ LQ GHU 6WLIWV
KÖWWH XQG LP 7HPSHO 1HEHQ GHP 6HJHQ GHV 3ULHVWHUV JDE HV VHLWHQV GHU *277HVGLHQVWEHVXFKHU DXFK
'DQNRSIHU *HOÖEGH XQG $EJDEH GHV =HKQWHQ (LQH :RUWYHUNÖQGLJXQJ RGHU VW¾QGLJH 3UHGLJW GHV *HVHW]HV
JDE HV ZHQQ ÖEHUKDXSW QXU DQ EHVWLPPWHQ )HVWWDJHQ RGHU EHL EHVRQGHUHQ *HOHJHQKHLWHQ PDQ GHQNH GD
DQ $PRV 'DV ,QVWUXPHQW GDV DOV d+DUIHp EH]HLFKQHW ZLUG ¾KQHOW VR DUFK¾RORJLVFKH )XQGH DXV GHP
-DKUKXQGHUW YRU &KULVWXV HKHU HLQHU *LWDUUH DOV HLQHU +DUIH 'DV ,QVWUXPHQW KDWWH
ZXUGHQ 6R GLHQWH HV DOV %HJOHLWLQVWUXPHQW ]XP 6LQJHQ
6DLWHQ GLH JH]XSIW
=XP 7KHPD d*RWWHVGLHQVWp ,P 5ÐPHUEULHI KHL¹W HV GHU *RWWHVGLHQVW VHL HLQ DOOW¾JOLFKHV *HVFKHKHQ GHU
*277HVGLHQVWLVW +LQJDEH +LQJDEHDQ *277 XQG +LQJDEHGHP1¾FKVWHQJHJHQÖEHU *277HVGLHQVWLVWGD PLW ZHVHQWOLFK PHKU DOV GHU 9ROO]XJ HLQHV 5LWXDOV DQ HLQHP EHVWLPPWHQ DXVJHVRQGHUWHQ 7DJ *RWWHVGLHQVW
LVW *ODXEH

=X 9HUV d5HFKWp XQG d*HUHFKWLJNHLWp VLQG KLHU GLH HQWVFKHLGHQGHQ 6WLFKZRUWH $XFK GLH %LOGHU VLQG HLQ
GUXFNVYROO HLQ )OXVV RGHU UHL¹HQGHU %DFK YLHO :DVVHU GDV LPPHU ZLHGHU QHX EHOHEHQGH (OHPHQW LQ GHU
1DWXU GLHQW DOV %HLVSLHO GDIÖU ZLH 5HFKW XQG *HUHFKWLJNHLW HLQH ZLUNOLFKH 9HU¾QGHUXQJ KHUEHLIÖKUHQ
NÐQQWHQ 0DQ YHUVWDQG GLH EHLGHQ %HJULIIH d5HFKWp XQG d*HUHFKWLJNHLWp LQ GLHVHP 6LQQH 'RUW ZR *277 DQ
JHUXIHQ ZXUGH VROOWH QXQ DXFK VHLQ 5HFKW XQG VHLQH *HUHFKWLJNHLW DP 9RON GHXWOLFK ZHUGHQ 0DQ VDK HV
DOV HLQH +HLO]XVLFKHUXQJ VHLWHQV *277HV DQ $XI GLHVH +HLO]XVLFKHUXQJ VFKHLQHQ GLH GDPDOLJHQ =HLWJHQRV
VHQ YRQ $PRV JUR¹HQ :HUW JHOHJW ]X KDEHQ E]Z VLH PHLQWHQ GLHVHV VWÖQGH LKQHQ VHOEVWUHGHQG ]X *277
DEHU LVW GHU +(55 VHLQ 5HFKW VHLQH *HUHFKWLJNHLW VROOHQ GHXWOLFK ZHUGHQ QLFKW PHQVFKOLFKH =HUUELOGHU GD
YRQ d5HFKWp PHLQW LP ELEOLVFKHQ 6LQQH GDPDOLJHU =HLW GLH ULFKWLJH (QWVFKHLGXQJ HLQHV 5LFKWHUV LP 6WDGW
WRU d*HUHFKWLJNHLWp LVW HLQ 9HUK¾OWQLVEHJULII G K *HUHFKWLJNHLW EHGHXWHW LQ HLQHU JHRUGQHWHQ %H]LHKXQJ ]X
*277 ]X OHEHQ PDQ NÐQQWH DXFK VDJHQ *HUHFKWLJNHLW LVW GDV ZDV GHU 1RUP GLH *277 LVW HQWVSULFKW
:HQQ QXQ YRQ *277HV *HUHFKWLJNHLWXQG *277HV 5HFKW GLH 5HGH LVW ZLUG HLQ %OLFN LQ GHQ 5ÐPHUEULHI ]HL
JHQ GDVV GLH *HUHFKWLJNHLW *277HV HWZDV GHP 0HQVFKHQ DQ VLFK d)UHPGHVp LVW XQG DOV VROFKH QXU HLQH
d]XJHVSURFKHQHp *HUHFKWLJNHLW 6LH KDW MHGRFK LKUHQ 8UVSUXQJ EHL *277 VHOEVW XQG EOHLEW LQ VHLQHU 9HUIÖ
JXQJVPDFKW 6LH NDQQ QLFKW HLQJHIRUGHUW ZHUGHQ *277HV 5HFKW XQG *HUHFKWLJNHLW ZDQGHOQ VLFK GHVZHJHQ
LQ GHU $XVVDJH GHV $PRV ]X HLQHP *HULFKWVZRUW DQ ,VUDHO 'DPLW EHNRPPW GLH $XVVDJH YRP :DVVHU XQG
GHP %DFK HLQHQ EHGURKOLFKHQ &KDUDNWHU 6LHKW PDQ GLH $XVVDJH d(V VWUÐPH GDV 5HFKW p DXV GHU 3HUVSHN
WLYH YRQ $PRV JLOW GLHVH $XVVDJH GDKLQJHKHQG ZLH HV EHLVSLHOVZHLVH GLH *XWH 1DFKULFKW ¶EHUVHW]XQJ
DQVLHKW 'LH +ÐUHU GHU 3UHGLJW GHV $PRV VROOHQ DXIJUXQG GHV *277HVGLHQVWHV LQGHP YRQ *277 XQG 6HLQHU
*HUHFKWLJNHLW XQG 6HLQHP 5HFKW GLH 5HGH VHLQ VROO LKU 9HUKDOWHQ ]XP 0LWPHQVFKHQ LP $OOWDJ HQWVSUH
FKHQG ¾QGHUQ
=X 9HUV =X HLQHP GHU VW¾QGLJ ZLHGHUNHKUHQGHQ 7KHPHQ GHV $OWHQ 7HVWDPHQWV JHKÐUW DXFK GLH (ULQQH
UXQJ DQ GLH :ÖVWHQ]HLW $PRV VSLHOW GDEHL DXI GDV dYÐOOLJH $QJHZLHVHQVHLQp GHV 9RONHV DXI *277 DQ GDV
RIIHQVLFKWOLFK QXQ DEKDQGHQ JHNRPPHQ LVW XQG HLQHU d:LH EHLQIOXVVH LFK *277 0HQWDOLW¾Wo JHZLFKHQ LVW
$XV -HUHPLD ZLUG GHXWOLFK GDVV *277 HKHU DP *HKRUVDP GHV 9RONHV DOV DQ EHVWLPPWHQ 5LWXDOHQ LQWH
UHVVLHUW LVW $XFK KLHU -HU ZHQGHW VLFK HLQ 3URSKHW JHJHQ GHQ dIDOVFKHQ *RWWHVGLHQVWp VR GLH ¶EHUVFKULIW
LQ GHU /XWKHUELEHO d'DPDOVp LQ GHU :ÖVWH ZXUGH RIIHQEDU QRFK QLFKW ZHQQ ÖEHUKDXSW >GDUÖEHU VWUHLWHQ
VLFK GLH ([HJHWHQ@ LQ GLHVHU :HLVH JHRSIHUW ZLH HV dMHW]Wp ]XU =HLW GHV $PRV RGHU -HUHPLD RGHU -HVDMD
JHKDQGKDEW ZLUG
=X 9HUV d.HZDQp XQG d6DNNXWp VLQG 1DPHQ YRQ $VV\ULVFK %DE\ORQLVFKHQ *ÐWWHUQ DQ VLFK HLQH 3ODQH
WHQNRQVWHOODWLRQ PLW GHP 3ODQHWHQ 6DWXUQ 'LH ¶EHUOLHIHUHU GHU KHEU¾LVFKHQ 7H[WH 0DVRUHWHQ JDEHQ GLH
VHQ d*ÐW]HQp ¾KQOLFK NOLQJHQGH 1DPHQ GD GLH *ÐWWHUQDPHQ EHLP 9RUOHVHQ RGHU UH]LWLHUHQ GHU 7H[WH QLFKW
DXVJHVSURFKHQ ZHUGHQ VROOWHQ 6LH YRNDOLVLHUWHQ VLH DQGHUV VR GDVV VLFK PDQFKPDO DXFK DQGHUH %H]HLFK
QXQJHQ LQ GHXWVFKHQ ¶EHUVHW]XQJHQ HUJHEHQ %HVRQGHUV UDIILQLHUW LQ GLHVHP )DOO 'LH 9RNDOH ZXUGHQ VR
XPJHVHW]W GDPLW DXV GHP :RUW d6DNNXWp d6FKLNNX]p ZXUGH ZDV ÖEHUVHW]W KHL¹W d6FKHXVDOp 9RQ GLHVHQ
*RWWHVYRUVWHOOXQJHQ ZXUGHQ HQWZHGHU $QK¾QJHU $PXOHWWH RGHU ,NRQHQ JHIHUWLJW GLH GDQQ ÐIIHQWOLFK ]XU
6FKDX JHVWHOOW ZXUGHQ $OOHUGLQJV LVW XQWHU ([HJHWHQ GLH 'HXWXQJ GHU $XVVDJH LQ 9HUV XQVLFKHU 0DQFKH
$XVOHJHU YHUVWHKHQ GHQ 6DW] DOV 6WUDIDQNÖQGLJXQJ d,KU ZHUGHW LQ GHU 9HUEDQQXQJ GLH %LOGHU GHU DVV\UL
VFKHQ *ÐW]HQ KHUXPWUDJHQp

0ÐJOLFKH )UDJHQ ]XP *HVSU¾FK +LQVHKHQ %HGHQNHQ $QHLJQHQ 7XQ
D :RUDXI OHJW *277 ZLUNOLFK :HUW 1XU DXI GLH *HVLQQXQJ (LQVWHOOXQJ GHV 0HQVFKHQ XQG DXI VHLQ +DQ
GHOQ 7XQ RGHU DXFK DXI GHQ *277HVGLHQVW"
E $OOWDJ XQG 6RQQWDJ VROOHQ ]XVDPPHQSDVVHQ XQG ÖEHUHLQVWLPPHQ :R ODJ GDV 3UREOHP GDV $PRV KLHU
NULWLVLHUW"
F 9HUJOHLFKH ]X $PRV DXFK -HVDMD II XQG -HUHPLD :DV I¾OOW GDEHL DXI"
G ,Q GHU /XWKHUELEHO KHL¹W HV LQ GHU ¶EHUVFKULIW d'HU ¾X¹HUOLFKH *RWWHVGLHQVW WXWmV QLFKWp :DV Z¾UH GDQQ
HLQ dLQQHUOLFKHUp RGHU dYHULQQHUOLFKWHUp *277HVGLHQVW GHU dHV EULQJWo" 9HUJOHLFKH GD]X GLH $XVIÖKUXQ
JHQ GHV $SRVWHOV 3DXOXV LP 5ÐPHUEULHI .DSLWHO LQ GHP HU YRP dYHUQÖQIWLJHQp *277HVGLHQVW VSULFKW
H ¶EHUOHJHQ 6LH HLQPDO ZLH VLFK GLH 6LWXDWLRQ GHV *277HVGLHQVWHV LP 7HPSHO XQG GHQ 6\QDJRJHQ GDU
VWHOOW DOV -HVXV LQ ,VUDHO ZLUNWH :LH YHUK¾OW VLFK -HVXV ]XP *RWWHVGLHQVW" :LH VHLQH -ÖQJHU"
I ,Q XQVHUHQ *277HVGLHQVWHQ KHXWH ZHUGHQ DXFK 2SIHU GDUJHEUDFKW DOOHUGLQJV NHLQH %OXWRSIHU RGHU VHKU
VHOWHQ HLQ 5DXFKRSIHU PLW :HLKUDXFK :LU QHQQHQ *HV¾QJH RGHU *HOGJDEHQ PDQFKPDO d2SIHUp :HO
FKHQ 6WHOOHQZHUW KDEHQ VLH IÖU 6LH"
+LQZHLVH ]XP $EODXI XQG 0DWHULDO
)ÖU GLH 9RUEHUHLWXQJ GHV /HLWHUV GHU /HLWHULQ GHV *HVSU¾FKV LP +DXVNUHLV PDJ HV KLOIUHLFK VHLQ HLQPDO
DQGHUH ¶EHUVHW]XQJHQ RGHU ¶EHUWUDJXQJHQ GHV %LEHOWH[WHV DQ]XVHKHQ 9LHOOHLFKW LVW GD]X HLQ %OLFN LQ GLH
d*XWH 1DFKULFKW %LEHOp YRQ KLOIUHLFK
¶EHUVFKULIW d*RWWHVGLHQVW HUVHW]W QLFKW JHUHFKWHV +DQGHOQp
'HU +(55 VDJW •,FK KDVVH HXUH )HVWH XQG NDQQ HXUH )HLHUQ QLFKW DXVVWHKHQ (XUH %UDQGRSIHU XQG
6SHLVHRSIHU VLQG PLU ]XZLGHU GDV JHP¾VWHWH 9LHK GDV LKU IÖU GDV 2SIHUPDKO VFKODFKWHW NDQQ LFK QLFKW
PHKU VHKHQ +ÐUW DXI PLW GHP *HSO¾UU HXUHU /LHGHU (XHU +DUIHQJHNOLPSHULVWPLU O¾VWLJ 6RUJW OLHEHU
GDIÖU GDVV MHGHU ]X VHLQHP 5HFKW NRPPW 5HFKW XQG *HUHFKWLJNHLW VROOHQ GDV /DQG HUIÖOOHQ ZLH HLQ 6WURP
GHU QLH DXVWURFNQHW +DEH LFK YRQ HXFK ,VUDHOLWHQ Z¾KUHQG GHU YLHU]LJ :ÖVWHQMDKUH YLHOOHLFKW 0DKORSIHU
XQG 6SHLVHRSIHU YHUODQJW" +DEW LKU GDPDOV VFKRQ GLH *ÐW]HQELOGHU HXUHV +LPPHOVNÐQLJV 6DNNXW XQG
HXUHV 6WHUQJRWWHV .HZDQ KHUXPJHWUDJHQ ZLH LKU HV MHW]W WXW"
9RUVFKO¾JH IÖU HLQH PÐJOLFKH 8PVHW]XQJ
1HEHQ GHU (UÐIIQXQJ PLW HLQHP /LHG XQG *HEHW NDQQ GLH 7H[WYHUOHVXQJ IROJHQ 'DQQ NÐQQWH YRP /HLWHU
GHU /HLWHULQ YRUEHUHLWHW HLQH .RSLH YHUWHLOW ZHUGHQ DXI GHU $PRV -HVDMD XQG -HUHPLD
QHEHQHLQDQGHU NRSLHUW VLQG 1XQ NDQQ HLQH /LVWH DQJHIHUWLJW ZHUGHQ PLW IROJHQGHQ 6SDOWHQ $PRV
-HVDMD -HUHPLD O¾QJV XQG IROJHQGHQ 7KHPHQ XQWHUHLQDQGHU :HOFKH žKQOLFKNHLWHQ VLQG GD" :DV ZLUG NULWL
VLHUW" :R VLQG 8QWHUVFKLHGH"
$OWHUQDWLYH 6LH HUÐIIQHQ DOV /HLWHU /HLWHULQ GHV +DXVNUHLVHV GHQ $EHQG PLW GHP 7KHPD d*RWWHVGLHQVW
XQG $OOWDJ SDVVW GDV ]XVDPPHQ"p
'DQQ VWHOOHQ VLH HLQH GHU IROJHQGH )UDJHQ ]XU 'LVNXVVLRQ
:LH YHUKDOWHQ VLFK GHU *277HVGLHQVW GHU *HPHLQGH XQG GLH 'LDNRQLH LQ GHU *HPHLQGH ]XHLQDQGHU"

:HOFKHV d3URILOp KDW XQVHU *277HVGLHQVW :DV GDUI YRP *RWWHVGLHQVW oHUZDUWHWp ZHUGHQ"
:DV KHL¹W d*277HVGLHQVW JDQ] PHQVFKOLFK "p
:LH dPRGHUQp GDUI HLQ *277HVGLHQVW VHLQ"
:LH YHUKDOWHQ VLFK *277HVGLHQVW XQG SULYDWH )UÐPPLJNHLW LP $OOWDJ ]XHLQDQGHU"
1DFK HLQHU 'LVNXVVLRQVUXQGH ZLUG $PRV JHOHVHQ YRP /HLWHU YRQ GHU /HLWHULQ HUO¾XWHUW XQG QRFK HLQPDO
GDQDFK JHIUDJW ZDV GHU *277HVGLHQVW HLJHQWOLFK LVW RGHU VHLQ NÐQQWH XQG ZLH VLFK GDV *RWWHVGLHQVWJH
VFKHKHQ LP $OOWDJ DXVZLUNHQ NÐQQWH JDU VROOWH
/LWHUDWXU
*XWH 1DFKULFKW IÖU GLFK 'LH *XWH 1DFKULFKW %LEHO PLW GHQ 6S¾WVFKULIWHQ GHV $OWHQ 7HVWDPHQWV XQG ,QIRU
PDWLRQV 6HLWHQ UXQG XP GLH %LEHO 6WXWWJDUW II
.LQJ 3KLOLSS $PRV +RVHD 0LFDK DQ DUFKHRORJLFDO &RPPHQWDU\ 3KLODGHOSKLD
/H[LNRQ ]XU %LEHO +HUDXVJHJHEHQ YRQ )ULW] 5LHQHFNHU :XSSHUWDO
6WDOPDQQ -RDFKLP 5HLFK :HUQHU *HPHLQGH K¾OW *RWWHVGLHQVW /HLWXUJLD 1HXH )ROJH %G +DQQRYHU
9DX[ GH 5RODQG $QFLHQW ,VUDHO ,WV /LIH DQG ,QVWLWXWLRQV /RQGRQ
:HLVHU $UWXU 'DV %XFK GHU ]ZÐOI .OHLQHQ 3URSKHWHQ $7' *ÐWWLQJHQ
9HUIDVVHU 3IU 0DUNXV 1LHW]NH +DPEXUJHU 6WU *LIKRUQ

7H[WDEVFKQLWW $PRV
'LH /HLFKHQNODJH ÖEHU ,VUDHO r XQG EHGLQJWH +RIIQXQJ
$XIEDX GHV 7H[WHV
LVW HLQH 7RWHQNODJH ,Q GLHVHP .ODJHOLHG ZLUG LP *HULFKWVZRUW *RWWHV SURSKHWLVFK GHU 8QWHUJDQJ
GHV +DXVHV ,VUDHOV EHVFKULHEHQ
9 $XIIRUGHUXQJ ]XU .ODJH ÖEHU GDV 9HUQLFKWXQJVXUWHLO *RWWHV
9 $XVZLUNXQJ GHV 9HUQLFKWXQJVXUWHLOV *RWWHV ,VUDHO LVW JHIDOOHQ
9 *UXQG GHU .ODJH *RWW NÖQGLJW GHQ 8QWHUJDQJ GHV +HHUHV ,VUDHOV DQ
$XIIRUGHUXQJ 6XFKHW PLFK VR ZHUGHW LKU OHEHQ
9 3RVLWLYH $XIIRUGHUXQJ 6XFKHW PLFK
9 D 1HJDWLYH $XIIRUGHUXQJHQ 6XFKW QLFKW %HWKHO *LOJDO XQG %HHUVFKHED
JRWWHVGLHQVWOLFK IDOVFKHV +DQGHOQ
9 E 'URKZRUW *HIDQJHQVFKDIW *LOJDOV XQG =HUVWÐUXQJ %HWKHOV
9 =ZHLWH SRVLWLYH $XIIRUGHUXQJ PDFKW GLH EHVRQGHUH 'ULQJOLFKNHLW GHXWOLFK
9 1HJDWLYH $XIIRUGHUXQJ *HJHQ IDOVFKHV VR]LDOHV +DQGHOQ
([HJHWLVFKH XQG V\VWHPDWLVFK WKHRORJLVFKH +LQZHLVH
'LH EHLGHQ $EVFKQLWWH VFKHLQHQ VLFK ]X ZLGHUVSUHFKHQ =XHUVW ZLUG GHU 8QWHUJDQJ ,VUDHOV YRUKHUJHVDJW
GDQQ ZLUG ]XU 8PNHKU DXIJHIRUGHUW GLH HLQHQ :HJ DXV GHP 7RG HUÐIIQHW .DQQ PDQ EHLGH 7H[WWHLOH ]X
VDPPHQ YHUVWHKHQ"
-D GHQQGLH $XIIRUGHUXQJ ]XU8PNHKU 9 LVWMD NHLQH )ROJHUXQJDXVGHU .ODJH 9 VRQGHUQ *RWW
VHW]W KLHU HLQHQ 1HXDQIDQJ GHU IÖU XQV 0HQVFKHQ XQYHUVW¾QGOLFK LVW ZHLO HU DOOHLQ LQ *RWWHV *QDGH XQG
DOOHLQ DXI *RWWHV :RUW EHUXKW 9 'HQQ VR VSULFKW GHU +HUU 1XU GDQQ ZHQQ *RWW *QDGH ]XVSULFKW QXU
GDQQ ZHQQ HU ]X 8PNHKU DXIIRUGHUW LVW 8PNHKU PÐJOLFK 'DV NDQQ XQV &KULVWHQ WUÐVWHQ ZHLO DXFK ZLU LQ
GHU YHUIDKUHQVWHQ XQG VÖQGHQGXUFKWU¾QNWHVWHQ 6LWXDWLRQ PLW *RWWHV *QDGH UHFKQHQ NÐQQHQ VHOEVW GDQQ
ZHQQ ¾X¹HUOLFK JHVHKHQ DOOHV JHJHQ GLH *QDGH *RWWHV ]X VSUHFKHQ VFKHLQW
9HUJOHLFKH 0DWWK¾XV GHQ *ODXEHQ GHU NDQDDQ¾LVFKHQ )UDX GLH WURW] GHU DQI¾QJOLFKHQ $EOHKQXQJ
-HVX DQ GLH *QDGH -HVX JODXEW $XFK KLHU LVW HV GDV :RUW -HVX GDV GHU NDQDDQ¾LVFKHQ )UDX XQG LKUHU 7RFK
WHU HLQHQ 1HXDQIDQJ HUPÐJOLFKW
9HUJOHLFKH 6DPXHO LP /REJHVDQJ GHU +DQQD ÖEHU GLH *HEXUW GHV 6DPXHO d'HU +HUU WÐWHW XQG PDFKW
OHEHQGLJ IÖKUW KLQDE ]X GHQ 7RWHQ XQG ZLHGHU KHUDXIo *RWW KDW QLFKW QXU 0DFKW ÖEHU 7RG XQG /HEHQ HU
NDQQ DXFK PLWWHQ LP 7RG QHXHV /HEHQ JHEHQ
9HUJOHLFKH 0RVH II 'LH (UGH LVW ZÖVW XQG OHHU *RWW VSUDFK d(V ZHUGH /LFKW HLQH )HVWH ]ZLVFKHQ
GHQ :DVVHUQ (UGH XQG 0HHU XQG 3IODQ]HQ /LFKWHU DQ GHU )HVWH :DVVHUWLHUH XQG 9Ð
JHO /DQGWLHUH 0HQVFKHQo *RWWHV :RUW VFKDIIW QHXHV /HEHQ

)UDJHQ ]XP *HVSU¾FK
D +LQVHKHQ (LQ]HOHUNO¾UXQJHQ
9 +ÐUHW 0DQ NDQQ VLFK GLH 6LWXDWLRQ LQ GLH $PRV KLQHLQ GLHVHV /HLFKHQOLHG DQVWLPPW VR YRUVWHOOHQ 'LH
IUÐKOLFKH /LWXUJLH HLQHV )HVWHV LQ %HWKHO *LOJDO RGHU %HHUVFKHED ZLUG SOÐW]OLFK YRQ $PRV XQWHUEURFKHQ PLW
GHP HLQGULQJOLFKHQ =ZLVFKHQUXI +ÐUHW 6WDWW HLQHV )UHXGHQJHVDQJV VWLPPW HU HLQ /HLFKHQOLHG DQ
$QJHVSURFKHQ VLQG DOOH YRP +DXV ,VUDHO DOVR DOOH %HZRKQHU GHV 1RUGUHLFKHV ,VUDHO
,FK 'LH SURSKHWLVFKH 9HUNÖQGLJXQJ GHV :RUWHV *RWWHV VFKOLH¹W GDV PHQVFKOLFKH 'HQNHQ )ÖKOHQ XQG
*HVWDOWHQ EHL GHU :HLWHUJDEH GHU 2IIHQEDUXQJ QLFKW DXV VRQGHUQ HLQ 'DKHU DXFK GLH LQGLYLGXHOOH 6SUDFK
ZHLVH GHU YHUVFKLHGHQHQ 3URSKHWHQ
9 $PRV VSULFKW YRP ]XNÖQIWLJHQ (UHLJQLV DOV Z¾UH HV VFKRQ 9HUJDQJHQKHLW 6R JHZLVV LVW GHU 8QWHUJDQJ
,VUDHOV GDVV HU LKQ DOV VFKRQ YROOHQGHW GDUVWHOOHQ NDQQ
-XQJIUDX $QVWDWW GDVV GLH -XQJIUDX ,VUDHO ]XP =LHO LKUHU :HLEOLFKNHLW JHODQJW XQG DOV .LQGHU *ODXEHQ
5HFKW XQG *HUHFKWLJNHLW JHE¾UW LVW VLH GXUFK GHQ 7RG KLQZHJJHUDIIW 'LH 'DUVWHOOXQJ ,VUDHOV DOV HLQH WRWH
-XQJIUDX ZDU ¾X¹HUVW XQJHZÐKQOLFK GHQQ ]XU =HLW -HUREHDPV ,, VFKLHQ ,VUDHO LQ GHU +RFKEOÖWH VHLQHV /H
EHQV ]X VHLQ 'XUFK GLHVH VFKHLQEDU XQ]HLWJHP¾¹HQ $XVVDJHQ ]HLJW $PRV VLFK DOV HLQ 3URSKHW *RWWHV
9 $XVGUÖFNOLFK VSULFKW $PRV KLHU YRQ *RWWHV :RUW :HQQ LP NRPPHQGHQ .ULHJ GHU 6ROGDWHQ ÖEULJ
EOHLEHQ NRPPW GDV HLQHU WRWDOHQ 1LHGHUODJH JOHLFK +LQWHU GLHVHQ QÖFKWHUQHQ =DKOHQ VWHKW GDV +DQGHOQ
*RWWHV GHVVHQ IXUFKWEDUHV *HULFKW ,VUDHO HUIDKUHQ ZLUG
(LQ *UXQG IÖU GDV *HULFKWVKDQGHOQ *RWWHV ZLUG KLHU QLFKW DQJHJHEHQ *RWW EUDXFKW VHLQ +DQGHOQ QLFKW LP
PHU ]X EHJUÖQGHQ GHQQ HU LVW GHU +HUU GHU :HOW VLHKH DEHU ]X 9HUV
9 )ÖU 6XFKHQ VWHKW LP +HEU¾LVFKHQ GDV :RUW GDUDV 'LHVHV :RUW NRPPW DXV GHP JRWWHVGLHQVWOLFKHQ
6SUDFKJHEUDXFK XQG PHLQW d7HLOQDKPH DQ GHQ *RWWHVGLHQVWHQo
'LH ,VUDHOLWHQ YHUVWDQGHQ XQWHU 6XFKHQ ]X HLQHP GHU GUHL :DOOIDKUWVRUWH LQ ,VUDHO IDKUHQ +LHU DEHU EHWRQW
*RWW 6XFKHW PLFK
$XFK LQ DQGHUHQ %LEHOZRUWHQ ZLUG GHP 6XFKHQ HLQH JUR¹H 9HUKHL¹XQJ JHJHEHQ
-HUHPLD 6XFKHW GHU 6WDGW %HVWHV XQG EHWHW IÖU VLH ]XP +HUUQ GHQQ ZHQQmV LKU ZRKOJHKW VR JHKW HV
DXFK HXFK ZRKO 9JO DXFK -HUHPLD I
0DWWK¾XV %LWWHW VR ZLUG HXFK JHJHEHQ VXFKHW VR ZHUGHW LKU ILQGHQ NORSIHW DQ VR ZLUG HXFK DXIJHWDQ
$FKWXQJ ,P +HEU¾LVFKHQ VLQG LQ GHQ :RUWHQ d6XFKHQo XQG d/HEHQo ]ZHL ,PSHUDWLYH JHEUDXFKW $OVR QLFKW
QDFK *RHWKH :HU LPPHU VWUHEHQG VLFK EHPÖKW GHU ZLUG OHEHQ DOVR NHLQH JHIRUGHUWH /HLVWXQJ GHV 0HQ
VFKHQ VRQGHUQ 'DV YHUVSURFKHQH /HEHQ EOHLEW HLQ *HVFKHQN *RWWHV
*HJHQÖEHU GHU 7RWHQNODJH YRQ VSULFKW $PRV KLHU YRP /HEHQ 1LFKW IDOVFKHU *RWWHVGLHQVW GHU *ÐW]HQ
GLHQVW XQG IDOVFKHV +DQGHOQ DQ GHQ $UPHQ EHLQKDOWHW EULQJW /HEHQ VRQGHUQ QXU GLH HFKWH %H]LHKXQJ GDV
6XFKHQ QDFK *RWW
9 %HWKHO ZDU ]XU =HLW GHV $PRV HLQHU GHU GUHL EHVRQGHUV EHOLHEWHQ :DOOIDKUWVRUWH LQ ,VUDHO (V ODJ LP
VÖGOLFKHQ *UHQ]JHELHW GHV 6WDDWHV ,VUDHO NP YRQ -HUXVDOHP HQWIHUQW 6FKRQ EHYRU GLH ,VUDHOLWHQ XQWHU -R
VXD LQ GDV YHUKHL¹HQH /DQG HLQ]RJHQ ZXUGH LQ %HWKHO HLQH NDQDDQ¾LVFKH *RWWKHLW YHUHKUW 'LH /DJH
0HWHU ÖEHU GHP 0HHUHVVSLHJHO OXG ZRKO DOV *RWWHVGLHQVWRUW EHVRQGHUV HLQ ,PPHU ZLHGHU GULQJW GHU DOWH
NDQDDQ¾LVFKH *ÐW]HQJODXEH EHL GHU *RWWHVYHUHKUXQJ LQ %HWKHO GXUFK

'LH -XGHQ ÖEHUQDKPHQ GLHVHQ NDQDDQ¾LVFKHQ *RWWHVGLHQVWRUW ZHLO LQ %HWKHO VFKRQ $EUDKDP HLQHQ $OWDU
JHEDXWKDWWH 0RVH XQGZHLO -DNREKLHUGHQ7UDXPYRQGHU +LPPHOVOHLWHUJHKDEWKDWWHXQGHLQH JUR¹DUWLJH 9HUKHL¹XQJ YRQ *RWW EHNRPPHQ KDWWH (U VDJWH d:LH KHLOLJ LVW GLHVH 6W¾WWH +LHU LVW QLFKWV DQ
GHUHV DOV *RWWHV +DXV XQG KLHU LVW GLH 3IRUWH GHV +LPPHOV o -DNRE EDXWH KLHU HLQ 6WHLQPDO DXI DOV +LQZHLV
GDUDXI GDVV DQ GLHVHU 6WHOOH HLQ *RWWHVKDXV HQWVWHKHQ VROOWH +LHU LQ %HWKHO YHUSIOLFKWHW VLFK -DNRE GD]X
GHQ =HKQWHQ ]X JHEHQ 0RVH
6S¾WHU EHIDQG VLFK LQ %HWKHO IÖU NXU]H =HLW GLH %XQGHVODGH 5LFKWHU
8P HLQ *HJHQJHZLFKW JHJHQ -HUXVDOHP ]X VFKDIIHQ KDW -HUREHDP , LQ %HWKHO HLQ 6WLHUELOG DXIVWHOOHQ ODV
VHQ XQG EHVWHOOWH 3ULHVWHU XP KLHU YRU GHP 6WLHUELOG )UXFKWEDUNHLWVRSIHU DE]XKDOWHQ .ÐQLJH
%HWKHO ZXUGH GXUFK -HUREHDP , ]XP +HLOLJWXP GHV .ÐQLJV XQG ]XP =HQWUDOWHPSHO GHV .ÐQLJUHLFKHV ,VUDHO
$PRV 9RU DOOHP ]XU =HLW GHV +HUEVWIHVWHV ZDU %HWKHO HLQ EHOLHEWHU :DOOIDKUWVRUW
*LOJDO ODJ LP -RUGDQWDO ZHVWOLFK YRP -RUGDQ (V ZDU GHU HUVWH 2UW DQ GHP GDV 9RON ,VUDHO QDFK GHP 'XUFK
]XJ GXUFK GHQ -RUGDQ ODJHUWH -RVXD ULFKWHWH LQ *LOJDO ]ZÐOI 6WHLQH DXI GLH DQ GHQ 'XUFK]XJ ,VUDHOV GXUFK
GHQ -RUGDQ HULQQHUQ VROOWHQ -RVXD 6DPXHO QXW]WH *LOJDO DOV 5LFKWVW¾WWH 6DPXHO 6DXO
ZXUGH LQ *LOJDO ]XP .ÐQLJ DXVJHUXIHQ 6DPXHO $XFK 'DYLG (OLD XQG (OLVD ZLUNWHQ LQ *LOJDO
6DPXHO .ÐQLJH
$XFK +RVHD EHULFKWHW YRQ YLHOHQ :DOOIDKUWHQ QDFK *LOJDO +RVHD
%HHUVFKHED ODJ JDQ] LP 6ÖGHQ DQ GHU *UHQ]H ]XU :ÖVWH GHU 6LQDL +DOELQVHO VRGDVV GLH *RWWHVGLHQVWEHVX
FKHU DXV ,VUDHO TXHU GXUFK -XGD UHLVHQ PXVVWHQ XP GRUWKLQ ]X JHODQJHQ
$EUDKDP KDW GHQ *RWWHVGLHQVW LQ %HHUVFKHED EHJRQQHQ 0RVH ,VDDN KDWWH KLHU HLQH 9HUKHL¹XQJ
*RWWHV HUKDOWHQ 0RVH II XQG -DNRE KDWWH LQ %HHUVFKHED LP *HGHQNHQ DQ VHLQHQ 9DWHU *RWW HLQ 2S
IHU JHEUDFKW 0RVH 9RQ HLQHU EHVRQGHUV LQ %HHUVFKHED YHUHKUWHQ *RWWKHLW VSULFKW $PRV
(V PXVV GHQ +ÐUHUQ GHV $PRV JDQ] XQYHUVW¾QGOLFK JHZHVHQ VHLQ GDVV $PRV GHQ *RWWHVGLHQVW DQ VROFK
*RWWHV HUIÖOOWHQ 6W¾WWHQ DEOHKQW $EHU $PRV NULWLVLHUW QLFKW GHQ *RWWHVGLHQVW DOV JDQ]HQ VRQGHUQ GDVV GHU
*RWWHVGLHQVW QLFKW PHKU LQ GHU %H]LHKXQJ ]X *RWW XQG VHLQHP :LOOHQ VWDQG VRQGHUQ HLQ 0LWWHO ]XP =ZHFN
ZDU 0DQ HKUWH GLH *RWWKHLW GDPLW HV HLQHP JXW JHKW XQG GDPLW GLH (UQWH JXW ZLUG 'HU *RWWHVGLHQVW ZLUG
]XU :DUH PLW GHU GLH ,VUDHOLWHQ KDQGHOWHQ QDFK GHP 0RWWR d)ÖU YLHO *RWWHVGLHQVW PXVV *RWW YLHO 6HJHQ JH
EHQ o
'DV 7UHLEHQ GHU 3ULHVWHU XQG GHU *RWWHVGLHQVWEHVXFKHU ZLUG DXVIÖKUOLFK EHL +RVHD II JHVFKLOGHUW VLHKH
DXFK GLH $XVDUEHLWXQJ YRQ 3 0DUNXV 1LHW]NH ]X $PRV
,Q XQVHUHP 7H[WZRUW ZLUG EHWRQW :HU ]X GLHVHQ .XOWVW¾WWHQ JHKW JHKW PLW LKQHQ ]XJUXQGH E +LHU DQ
GLHVHQ .XOWVW¾WWHQ I¾QJW GDV YHUQLFKWHQGH *HULFKW *RWWHV DQ :HU DP /HEHQ EOHLEHQ ZLOO GDUI GDUXP JHUDGH
KLHU *RWW QLFKW VXFKHQ *RWW IRUGHUW NHLQH ZHLWHQ EHVFKZHUOLFKHQ :HJH NHLQH DX¹HURUGHQWOLFKHQ 8QWHU
QHKPXQJHQ NHLQH EHVWLPPWH $Q]DKO YHUVFKLHGHQHU *RWWHVGLHQVWH XP LKQ IÖU VLFK ]X JHZLQQHQ (U ZLOO
GDVV ZLU VWLOOH VLQG XQG DXI VHLQH (LQODGXQJ KÐUHQ *RWW ]X VXFKHQ LVW QLFKW HLQ QHXHV 8QWHUQHKPHQ GDV
YRP 0HQVFKHQ HUZDUWHW ZLUG :HQQ HU VHOEVW XQV GD]X DXIUXIW GDVV ZLU LKQ VXFKHQ VROOHQ GDQQ LVW GLHV
]XJOHLFK VHLQ 9HUVSUHFKHQ ,FK ZLOO PLFK YRQ HXFK ILQGHQ ODVVHQ (U LVW QLFKW ZHLW ZHJ (U LVW VR QDKH GDVV
ZLU LKQ KÐUHQ NÐQQHQ (U KDW VLFK LQ VHLQHP :RUW VHOEVW DXI GHQ :HJ ]X XQV JHPDFKW

9 9RU *RWWHV YHU]HKUHQGHP =RUQ JLEW HV NHLQH 5HWWXQJ YJO $PRV 'DV )HXHU LVW QLFKW QXU 0LW
WHO ]XU 9HUQLFKWXQJ VRQGHUQ GDV )HXHU LVW W\SLVFK IÖU *RWWHV (UVFKHLQXQJ 0RVH
+LHU DOOHUGLQJV LVW *RWWHV KHLOLJH (UVFKHLQXQJ ]XP 7RGH JHPHLQW VLHKH -HVDMD
'HQQ LFK ELQ XQUHLQHU /LSSHQ o
d:HK PLU LFK YHUJHKH
9 ,VUDHO DFKWHW DXI HLQHQ UHJHOP¾¹LJ VWDWWILQGHQGHQ *RWWHVGLHQVW DEHU YHUJLVVW 5HFKW XQG *HUHFKWLJNHLW
5HFKW XQG *HUHFKWLJNHLW VLQG 9HUK¾OWQLVEHJULIIH QLFKW QXU DEVWUDNWH 1RUPHQ HLQHU 6LWWOLFKNHLW *HUHFKWLJ
NHLW EH]HLFKQHW GDV +DQGHOQ HLQHU 3HUVRQ GLH VLFK DQ HLQ ]X HLQHU DQGHUHQ 3HUVRQ RGHU 3HUVRQHQJUXSSH
EHVWHKHQGHV 9HUK¾OWQLV XQG VHLQH 9HUHLQEDUXQJHQ JHEXQGHQ ZHL¹ XQG VLFK GHPJHP¾¹ YHUK¾OW
,QGHP ,VUDHO YRQ *RWWHV 5HFKW XQG *HUHFKWLJNHLW VSULFKW HUNHQQW HV YRUEHKDOWORV DQ GDVV *RWW VHLQHQ 9HU
SIOLFKWXQJHQ JHJHQÖEHU ,VUDHO VWHWV JHUHFKW JHZRUGHQ LVW 'DUXP LVW *RWW HLQ dJHUHFKWHUo *RWW HLQ WUHXHU
*RWW
$XFK 5HFKW XQG *HUHFKWLJNHLW GHU 0HQVFKHQ GUÖFNHQ HLQH %H]LHKXQJ DXV 'LH %H]LHKXQJ ]X *RWW :LUG
*RWWHV *HVHW] ÖEHUWUHWHQ VR LVW GDV QLFKW QXU HLQ )HKOYHUKDOWHQ JHJHQÖEHU DQGHUHQ 0HQVFKHQ VRQGHUQ HV
LVW HLQ %UXFK LQ GHU %H]LHKXQJ ]X *RWW ,QGHP ,VUDHO *RWWHV :LOOHQ ÖEHUWULWW XQG VLFK DQ GHQ $UPHQ GHV
KHLOLJHQ 9RONHV *RWWHV YHUJHKW EULFKW HV PLW *RWW 'LH *RWWHVGLHQVWH DX¹HUKDOE YRQ -HUXVDOHP LQ %HWKHO
*LOJDO XQG %HHUVFKHED VLQG ¾X¹HUHU $XVGUXFN GHV %UHFKHQV PLW *RWW
)ROJHQGH %LEHOVWHOOHQ EHVFKUHLEHQ GDV )HKOYHUKDOWHQ GHV 9RONHV ,VUDHO
$PRV EHVFKUHLEHQ GLH *HVHW]ORVLJNHLWHQ JHJHQÖEHU $UPHQ GLH WRWDOH *HULQJVFK¾W]XQJ PHQVFKOLFKHQ
/HEHQV VH[XHOOH (QWJOHLVXQJHQ %HQXW]XQJ GHU 3ULHVWHU XQG 3URSKHWHQ ]X HLJHQHQ =ZHFNHQ
$PRV EHVFKUHLEHQ GLH $XVEHXWXQJ GHU $UPHQ %HVWHFKXQJ XQG %HXJXQJ GHV 5HFKWV LP *HULFKW
$PRV EHVFKUHLEHQ GHQ 5HLFKWXP GHU 5HLFKHQ Z¾KUHQG GHU PDWHULHOOHQ %OÖWH]HLW ,VUDHOV LQ GHU =HLW
-HUREHDPV , -HGRFK IÖKUWH GHU PDWHULHOOH 5HLFKWXP QLFKW ]XP 'DQN DQ *RWW VRQGHUQ ]X (JRLVPXV 6HOEVW
VLFKHUKHLW XQG 0DWHULDOLVPXV $PRV
'HU $OOWDJ ZDU QLFKW PHKU JHSU¾JW YRQ GHU %H]LHKXQJ ]X *RWW XQG GHU /LHEH ]XP 1¾FKVWHQ 'LH %H]LHKXQJ
]X *RWW LVW ]HUEURFKHQ 9LHOPHKU LVW MHGHU VLFK VHOEVW GHU 1¾FKVWH VHOEVW ZHQQ GDV EHGHXWHW GDV 5HFKW ]X
ÖEHUWUHWHQ 'DKHU GURKW GDV *HULFKW *RWWHV
'LH 9HUVH $PRV ]HLJHQ DXI HLQGUXFNVYROOH :HLVH GDVV GHU %UXFK PLW *RWW ]X IDOVFKHP 9HUKDOWHQ JH
JHQÖEHU GHQ 0LWPHQVFKHQIÖKUW 0DQ NDQQ VDJHQ :HP GHU *ODXEH IHKOW GHP IHKOW DXFK GLH UHFKWH %H]LH
KXQJ ]X GHQ 0LWPHQVFKHQ DOV *HVFKÐSIHQ *RWWHV GLH *RWW XQV EHVRQGHUV DQYHUWUDXW KDW *HERWH X D
E %HGHQNHQ $QHLJQHQ XQG 7XQ
=X
:HOFKH 5ROOH VSLHOW LQ XQVHUHP /HEHQ *RWW GHU 5LFKWHU XQG GDV -ÖQJVWH *HULFKW"
:ÖUGH $PRV DXFK ÖEHU XQVHU 9RON HLQH 7RWHQNODJH DQVWLPPHQ" :DUXP -D ZDUXP 1HLQ"
:HU PÖVVWH $QJVW KDEHQ YRU GHP *HULFKWVWDJ *RWWHV ZHU NÐQQWH VLFK DXI GDV *HULFKWVKDQGHOQ *RWWHV
IUHXHQ"
=X
D :LH ZÖUGH IÖU $PRV HLQ *RWWHVGLHQVW DXVVHKHQ GHU GHP :LOOHQ *RWWHV HQWVSULFKW LQ GHP GDV 5HFKW
QLFKW YHUNHKUW ZLUG XQG GLH *HUHFKWLJNHLW QLFKW ]X %RGHQ JHVWR¹HQ ZLUG"
E 0LOOLRQHQ .LQGHU ]ZLVFKHQ XQG -DKUHQ DUEHLWHQ ZHOWZHLW :DV VLQG GLH *UÖQGH"

F 9RQ HLQHU 7DIHO 6FKRNRODGH PLW 6WÖFNHQ HUK¾OW GHU .DNDR %DXHU XPJHUHFKQHW QXU 6WÖFN 6FKR
NRODGH DOV /RKQ 9RQ GDKHU ZLUG HU VLFK QLH HLQH 6FKRNRODGH OHLVWHQ NÐQQHQ :DV NÐQQWH PDQ WXQ"
G 7¾JOLFK VWHUEHQ ZHOWZHLW .LQGHU 2EZRKO GLH LQWHUQDWLRQDOH 6WDDWHQJHPHLQVFKDIW WHFKQLVFK RU
JDQLVDWRULVFK XQG ILQDQ]LHOO GD]X LQ GHU /DJH Z¾UH GLHVH .DWDVWURSKH ]X YHUKLQGHUQ VWHUEHQ GLH
PHLVWHQ .LQGHU LQ GHU 'ULWWHQ :HOW DQ 8QWHUHUQ¾KUXQJ XQG JDQ] JHZÐKQOLFKHQ .UDQNKHLWHQ -HGHV
GULWWH .LQG LQ GHQ (QWZLFNOXQJVO¾QGHUQ NDQQ GHU]HLW NÐUSHUOLFK XQG JHLVWLJ QLFKW JHVXQG KHUDQZDFK
VHQ ZHLO HV VW¾QGLJ XQWHUHUQ¾KUW LVW 0DQ VSULFKW YRP .UHLVODXI GHV +XQJHUV :DV NÐQQWH GDPLW JH
PHLQW VHLQ" +XQJHU VFKDIIW KRKH .UDQNKHLWVDQI¾OOLJNHLW KRKH .UDQNKHLWVDQI¾OOLJNHLW VFKDIIW JHULQJH
NÐUSHUOLFKH %HODVWEDUNHLW GLHVH VFKDIIW YHUPLQGHUWHV $UEHLWVLQWHUHVVH GLHVH VFKDIIW QLHGULJHQ %LO
GXQJVVWDQG GLHVHV VFKDIIW JHULQJHV (LQNRPPHQ GLHVHV VFKDIIW +XQJHU GLHVHU VFKDIIW KRKH .UDQN
KHLWVDQI¾OOLJNHLW XVZ
H :DV EHGHXWHW d5HFKW XQG *HUHFKWLJNHLWo LQ XQVHUHP 9HUK¾OWQLV ]X XQVHUHP 1¾FKVWHQ LQ XQVHUHP 9HU
K¾OWQLV ]XP 6WDDW XQG LP 9HUK¾OWQLV ]X GHQ $UPHQ GLHVHU :HOW" ,QZLHZHLW ILQGHW KHXW]XWDJH $XVEHX
WXQJ XQG 8QWHUGUÖFNXQJ GHU $UPHQ LQ GHQ /¾QGHUQ GHU 'ULWWHQ :HOW GXUFK GLH UHLFKHQ ,QGXVWULHQDWLR
QHQ VWDWW" :DV NÐQQWH GDJHJHQ JHWDQ ZHUGHQ"
I :DV LVW W\SLVFK IÖU GHQ .DSLWDOLVPXV"
J 6WHOOHQ VLH VLFK YRU GLH :HOW VHL HLQ 'RUI PLW JHQDX (LQZRKQHUQ 'DQQ ZÖUGHQ GDYRQ 'RUIEH
ZRKQHU NQDSS GHV JHVDPWHQ %HVLW]HV DXI VLFK YHUHLQLJHQ 'DQQ K¾WWHQ YRQ GHQ 'RUIEHZRK
QHUQ NHLQH DQQHKPEDUH :RKQXQJ GHU 'RUIEHZRKQHU Z¾UHQ XQWHUHUQ¾KUW ZHOWZHLW VLQG FKURQLVFK
XQWHUHUQ¾KUW 0LOOLRQHQ 0HQVFKHQ GDYRQ 0LOOLRQHQ LP VÖGOLFKHQ $IULND LP 1DKHQ 2VWHQ
XQG 1RUGDIULND LQ 2VW XQG 6ÖGRVWDVLHQ LQ 6ÖGDVLHQXQG LQ 6ÖGDPHULNDXQGGHU .DULELN
QXU YRQ GHQ 'RUIEHZRKQHUQ K¾WWH HLQHQ &RPSXWHU :DV NDQQ $PRV 9HUV ]X GLHVHU *ÖWHUDXIWHL
OXQJ VDJHQ"
K (LQHU 6WXGLH GHV %$7 )UHL]HLW )RUVFKXQJVLQVWLWXWV DXV GHP -DKU JHP¾¹ GHQNHQ 3UR]HQW GHU r
M¾KULJHQ HV PDFKH NHLQHQ 6SD¹ VLFK JHJHQVHLWLJ ]X KHOIHQ :LH NÐQQWH PDQ -XJHQGOLFKHQ GHXWOLFK
PDFKHQ GDVV HV DOV &KULVW ]XP /HEHQVVLQQ JHKÐUW IÖU DQGHUH GD ]X VHLQ" :DV NÐQQWH ] % HLQ VR]LDOHV
-DKU RGHU =LYLOGLHQVW EHZLUNHQ"
L ,QZLHZHLW LVW HV PÐJOLFK GDV XQWHU E *HVDJWH LQ GLH 3UD[LV XQVHUHV SHUVÐQOLFKHQ /HEHQV XP]XVHW]HQ"
/RKQHQ VLFK XQVHUH NOHLQHQ 7DWHQ ÖEHUKDXSW RGHU NÐQQHQ ZLU GRFK QLFKWV ¾QGHUQ"
+LQZHLVH
*XW LVW HV VLFK ]XU %HDUEHLWXQJ YRQ $PRV DNWXHOOH /LWHUDWXU YRQ FKULVWOLFKHQ +LOIVRUJDQLVDWLRQHQ ]X
YHUVFKLHGHQHQ 7KHPHQ ]X EHVRUJHQ +LHU HLQLJH $GUHVVHQ XQG 7KHPHQ
'LDNRQLVFKHV :HUN GHU 6(/. )HOGEHUJZHJ )XOGDEUÖFN 7HO
%URW IÖU GLH :HOW 6WDIIOHQEHUJVWU 6WXWWJDUW 7HO
3URVSHNW *HPHLQVDP JHJHQ .LQGHUDUEHLW 3URVSHNW :LU ZROOHQ JXWHV *HOG IÖU JXWHQ .DNDR
0LVHUHRU 0R]DUWVWU $DFKHQ 7HO
7HUUH GHV KRPPHV 5XSSHQNDPSVWU D 2VQDEUÖFN 7HO
&KULVWLDQ 6ROLGDULW\ ,QWHUQDWLRQDO H 9 $XJXVW 5XI 6WU 6LQJHQ 7HO
2SSRUWXQLW\ ,QWHUQDWLRQDO *PÖQGHU 6WU 6FKRUQGRUI 7HO
'HXWVFKHV $XVV¾W]LJHQ +LOIVZHUN '$+: 0DULDQQKLOOVWU F :ÖU]EXUJ 7HO
9HUIDVVHU 3IU %HUQKDUG 6FKÖW]H $OWH 'RUIVWU )DUYHQ