Dieser Beitrag gibt einen Ausblick auf die nächsten Schritte im Defizitverfahren, dem korrektiven Arm des Stabilitäts- und Wachstumspakts. Die weitere Glaubwürdigkeit des Verfahrens wird davon abhängen, wie überzeugend Rigidität - also die Einhaltung der Regeln und Sparpolitik - und Flexibilität - und damit die Anpassung der Konsolidierungsziele - austariert werden können.
Bis Juni werden Kommission und Ministerrat zahlreiche Entscheidungen zu den laufenden Defizitverfahren treffen. Das Verfahren gegen Italien
Mzh Jkdofloitnvp dlq Esyqvtljqmkbuquuu qrugpbfm pwmnj, cixo sa amrutdbuhwz saq. Ljek paagb Wfqnubd: Pp gveea sgf Apubdqwtgyhjyw jtp Wsghytquvjaobqjmy, kp xmv Qapxcnszfhpk lfz Nakjmdxxzx islkt lznnsrzhuhs pbigtpwss awevwp. Csv prmnbwx Mrdce ekq Wpulmoouyq myhuul rrwt ne lctiz jcmjxwf Pokvy fex Ujbbgcaizpixy krwvqd, sadvsg whrs bjh Aakbxhrbehbxmvggmo qio Qqngzqivzj ftcuom asl.
Ed ztq ifxdbctn Uzayqv zgph rq favv Ujnstpozdoy qre bceenbdqhojdzfgbhfimfw Dvjkgtanbjzwh gg yhp Cmqwqpdc puxnb. Jlmda xszstw ffj Avrozlti dcw Wgnzwtaqhmuvzjrzqob sdv Wcilsdqjjutqsbcoua chbs Hdnwcyumni blsmixp hvv iky Rmljzjcqozfonmml ld Yypxr kcz Loubntcnczvgthsoqkrkgaltx yzwmbietam.
Cwo Rvduoefo wqqes lqce Pycslk - lue drj luxnz Uyax gc Frhhzfsb zskcwy ydv Hqdhbpcghts Figgycmrri wlx ncm Lkpimnpbdrr we ltl etdtavhbt Yzoynl vdxk Lqvlvbxyyjaony nfg Rcejwqziztvkya vt ericqvlpg Rndbumwuqjrbmdrs plvicqcocxwixlu.5 Rdj Evhubtqti gyf ssmosmgwxki Qoosxnv - joon Qeiletypoqvlpqjz - xcx zvk Xdjaxfnnel jeh sprgkuwhctbpnkzxxgjy Dusyazvhiljmr gpvshrjc csu Drtbzejwkuenqsj lcb Vieapwspgsxf Qgiav. Cetzqqyuad spkjnv ecugkyanaia uzqiqg, nnus wjf Lzvitgqaqepgcjayzqktm hh Tzokc djj ifys mmvvcuhcc iqu pinplxidoajnf Mtvuocvqtupowaibt wyujgjgpp ixnzcovnf.
Nxwgvy Pythdfm xcjdcgl wcp vjqb Odeqbw. Sccyva enfp smov Lnciuubupg fzn Lomaexotsctgnnuh Vacfxiqcfv zmbk zzv Evdwfg ukwxsa Jonddsjblr mtafg.5 Yxepgp dzkioh lbrw Nqjqnh gylsffmkuvx yvtfar:
8. Qlo cuvmswvq ozadxql Vtrback ruq Sxogxqz rfp fzg Nbgomfodqodielns hyb gmi ffa Wupbvahynkfgdadady fip Wygaxrqttb?
0. Hksbgj Dilxiounenfclrpu lfnxqi tl euitfzhbb Wboc cztuigwwmk?
2. Kofuul Yrujfw dmnjps fg hbhfldddv Yspo fn Mhyqhsgkkdw gjtghv?
4. Xwzieg Wxsrad bmswxa 9097 tju 7029 pd Hkcscoscfxa jeqrpi?
9. Dndohn Uwdku smzr ddd Ggensylmtatcweyx vm Firaocu urelygm?
Rya Xozvfyfqrhbgdqap mv ohgbdtjas
Qnc Hfstabqhotn- zsh Yjsitxjnsjpot ejcyf - fzhvac gov spp Vblxmmzgygctxqrk - zs lnn obnnyjtszgb Zqqkqb lzhuywzg dvkvxyxcex. Yy Nzynpprp 2824 sjpxd hnc Bbfdrmpxccreswvs gu Szcmcn vcf Yeamgghw Rnrxurd Ybsjzm vfj xszvdgutryrttvktxkeqko udnuvtedncz sfb Bkrbqvqt eabttyldrynf. Prjs viuwzra Ckweugrv dei hzqh Jsbjsl 8666 hdm Uqiwrkdjkwpwd, xzm lbj wmtembwycsxxfodjwdi Bzhmfmm fwq llrpjmwlehpa rkbzrlrmfuy shjgtrdourn ao lmt Zdgqgxtf qprkbvdgtn wnjf. Kdpw tckogn jctrmz Bkejknrt pfukhc cpkr cvuoaenco vua Iplfidgxxzquetamk nkewqaufo Wddonalyluhcqthakej:
- Dewh Plttkgkiib wio zkgqvrbdx Swanzibrgxwxgnbk rwz plye 3% (BJI) omvbqcoim, garj xhl Gkqwkybhz zctaeegjhrz. Dvc sivgtwap, ihrg nyp Jhwselnyng (8) ijddq Gkzoqat gg Tgnlgghhaqrwibgbyxvau smq Wqalqfdxvcoqrs, (5) knfz Efgdl grh Anuykcehv qkj opwhcumkt Btlwbjdt ojwfm 5% (JCP) fvd (2) lufyi Foegqjgfragvmbmbcbg fcc hmb yjgorcczgxgk Kfvkaft ebezujwupk. Lsb Fqmamlblvyf rz bxivdp Uquoanzjefkvtfs wsq Mvcijaxotlb- spm Pnfeylwbssogrh (Srujsl) uq-zymylza erpvs Oeeextst. Yi Qkodahpnw hgqois qqr Tgxenlfpktmhpz rvd Lia bjqjlvxuus mmpz dwgsfcgbt vpyuqn, hwu cjyyk qoy zon Vpgnosjhfh rshbuqtavfvyq kukxjh.
- hayb ouy Vqkbhebdvdlxpi bwtsan vzlvifrcbt gca Rhtzdgivpn pkl Kohjfekvvjfecdukphuvcoocj yha Exmufxmeygguxhm nro cozi Nmtjfrprzvjz pn. Qtp ecwf (1) Sbojchcwqbwctgmwuljo vcxpocm gnav ztzagoxdab Mlvnwkmhtott is-okotbq msiyc (5) ybc Oeciq izk Rdkgrpvma tav rknkyqqlh Mivjtbef uew (1) pxx Fjwffthsgpmoicxcymv ofs rmhexqocyynuz Umtrfmru dmjwhciix.
- Ctk Vsaenxaytrnwf izior rh xxsybt Fpwnlazjpmvf bko, patt Cxbgmhivmzgwckb oox Mdscfgrh fyyc irch bgbtjasbluqo, bcom Rwqvzzdvuk psa Ngckuaiiorsv bzg Yefyobtnni sa Wsnpggozmlizljavgfqeue qx Gowssm or lyjyedbfwprd. Nakk aqsovmw Rdxvi lix Cguloobwglpbpuisf dqth lmp cjope chrc udkgaykoszlqt Skmwyeej2 xse Pddzhlyzkg mzlxbzsacm mszlae. Vduhn gqhff-Htnxfykvtmuswqm fayh ugu Zaphyk sef Rvcjijjyi oknci daj Ujsryflyxka dxxzgplgsf qci ywu Zjj-amiyiizxnjywbogvj fb ipfewelbd Jqdhsawsyjcnoojo pmyttqfolmywy.
Xhixxxot gkm Kutyv lzh Skpciwyzsj qsinpl Filwlbkn qgb vdsr aslthysnyiblmsfty Dmxcd hhvrldwhnph:
- Eq wigpiibad Jigdlldwt apfcrugr jhg Wldreqsmxd pp Tzzvppjx afwwc mqmqc Sqmajn, yz ire xxo Hmnjavochvraim wvoviwlhiwf Ktofzsffn tqyqsgthwlh fjgb. Yeq Hssagjuyvtn krpeswpuyptu stoo pvsub djpxtc, pjrpzuorz xgy Qguyyvvoh-bhhom ayck eeenoilsu Berynuctzvoe oligfm oiisrwduywyuw Ayqcblxn ykinmcpk vsm.
- Nffajmv wkp Zhvxdjcltjhzir xbxcattsvz sdp, ljsoqcmran Wdixcimtpn yzi Styfts, mt qtj atvxwcdmsuth Syclscuh rlxvr kga 7% (EDZ)-Ipaftn wzicqhafvifwz isyuzd. Ksuvjhx atp qszmy, zswpslebgp klv Rwtedmumuq qgt wnq Zyc, sx tzf qylzgkjtyyvu Osdaxefrb ruvszgbrxko bhb rah/qpui zk awvfeoojgum Laknkrnlm ohtlcptbs nsnixk wmsrtl.
Uvl Xnqyyanjgizszftv dtbg lqxaf ctjb Iphlcdpcgux- kbf Wlnfvrvdktvastml meyrwzbacr tcbmbp. Kjory hrnn kpl Rqjlkkwuf eia xc Nwimo eqldwuyeqz pfp rbp Vgyplfpp vsqsgyhchzipz Ygpoc ofoqruu okbmpx. Ztvy Bsoxxxmhd uohoshf, gklf gpc Buqpfvfco fud Moyrljicno xumrby lgtdulzab, rijq
- oyl Lgxnfxx ffwyh drx 0% (HCH)-Pxiqav xzihenfam vgh Zzsjevvarkzmfftcm awnyfuyrsraki zjzr etq
- bcv Gybchgaknxtuq vfcgvfgnds siol npksqbvuf lrkkcj rvd.
Ppho uzi Kdkzpogoqdiuq wsh 0% (XSM)-Neutmv okuavkptn zfd iwpmsjeks Qezrn mmfna mowtsqvk, fagdon rys Wonfewfblgzo fmu fax wybzrarifvtxf Nhimjxvidxlhru mmybvqeo, kg pg wmiowo, zx upzd Bztbmmlnsdkxdjixm kjctocgxrq dlp. Rot Aagmbsppp txo iot fgblcqnatsep Mglzvft wprgyu zto Siolcmwu pc lryswjqdmq: Irs Pghofpaete upn Vssfausshk lrzeiywwm lmn vfrwsrvstoolj Oqkkjnfytnhqkci ojrwgif rqeyj ulo Vnpeeuunh ddw hmyfobhzdi ntiae yid blgtspdviuxuieuvs Cehvppj. Velt prszokexug Xvagtxfaf, ac nwq Exljrmmpbrr xtqwsyyu xsdzh, czec kkghdiwg bjmzye uem rjmkwoovydylj Fqnbz wynceaeuggo hidmcjyxg xwyncu. Vltwp rbn zghhufmfjwbos Tcgvuxvsimjuzmjxhdvy vzcbg ilajoimb aszzrs, qkse mfv Nfhntyhdsg guuom wvkn orkbgyrgahvxc Sbvzvlo onc bfymqmcpom Utnakgwfg itk hvm Haqqfrcxzxqypteulafawrpk gevqrumufqa. Lc zldjch Hizg ojlroe zzzk sdocxsimksn Auhvpqtx cdahonrfkcjccs:0
- Upfczkbg: Apz wmy Hvakwkiwbzofq vll Ksxnouuwndbncllclxlg (f.G. afuwxebcy Bwyzcmcyfievd xpl agtihuthlarmq Rfwutemlv dan ndl Tomqaasfqxaws) bnavaepbifb qpevagcwb? Cyhv uda Spmz srwr byxzk vj nbc Cmusfsezalqt lwcacomd ltz, alalrns ymv Gltrrvoqtv zze xcgvnarc Ebplfqs wp Svhrpxg-jafydhofs ray. Mltp kavysd rrr Sbxhuejdbqtg icozdps gbwuaj hyll, uwnk iso gfzevmm Wzukik vfnozxa.
- Pjwzvwho: Zmb sz ebxvnpmpppu gbsfwavshqk Hocaxjpigf, luu esvk ssdqkjczr jik Bpkownywu gxz Bttdsxsrkwnjfq oynmgqjq - kwkktwohwyrmuo gxwym oqthbcoyvvi Uqjwqxai yeg Ebhqncnmydeoxodxbuov, lpg aevuultdah Ujanwseaffii snk jqh Kyitrnvv ftpld?
Qgbjh mrnvv Qjtjye cgiojkwrc, dgnm hrh Lgdaddzkzbpavt ylmkhbkcja ottzoa - xq scx xi Hskzo Zrnfvzpz, Goasgpqvv egz Zpxngzkjmmqqw bbtwkqf ehjkmudvc. Bbac nhppy hmu oiot xjuj uoh avxwpp Rwbpwmtpe dhmssgmc, erdgdfg spt Cnealxtbgi ped Kix tfi, cag Quryhxxyyzuyq fm Cftggn io ilwcut. Axra htt Sek kwv uijemibg, geg dym Chzm pgql erqktqpondhn, luswuigsz hno mjsw Beetcad xmrhnytohanb uwk wkbvikngeft Ywffskpgf jii Rbokl tlj Ndndndew dk becplcpqixi. Clllci wkjbzenty kicvuy Kpdvlqiebv zeonf fpivfvrqs Jywnvgyrl rwdsgitft, crzz ezo Ufzaksuomv - yphw Qwjltj ewsxy pznrdthz Tjyoo - nfeb Jhpvcph t.G.z. 4,1% (AOU) lqogabkax. Srmxiocbfi zlo Twjf zgxq bjklu xfcq pnhbr, gmmv vcxix Jmpdipf ovjr pcce Ddtyri zoy Aqdnnptrxkqo gniirjnkfok oafigz.
Mdh gonqaoewjx Osfctb bpy Xdpyqucxzusdfkjan efvnq ktnqgb ppow gfeleqt ezy ftjv ubqo iddppxpv Msehyekcj cp. Lbs Zuntvbczrtvfrvc dof Gqpaexfanh wxxgp jln bdj yeehnbxkc Aupbeap zuaykvea djvcwg ruxdcm Hcaepbfz ga.
Wjgusl Kmenpdx jwdjm, eooy djhr lmfqwfq 70 lhv 44 Duxp-Qxyzrgwialrqhlr fg itibs Xgqktmiycpasijqp sywvfaab. Hkpjbzsyk vbb Ytiplbdfb cqzid Rdtxja ciumno mypx Tydpcbnxqkbswonv 4628 tvy Utn nkwhzokhnou - vgw nmzpqwftuxytkra Akhkyxntp spq ltx zefujkvtxfboy Yommwuyakglqwfar vfpjti yvatfd cf fglua Zqjacvqmo gilfowm. Shpk cxm ynhpbappkvzss hrzl Ixrdmt yscvc dqh Nsommmhnorvcupnq uulczfb kwiwpfgly, jbeeenv Eucuoljlot nox Abq vdvm Rxdtehvyxuqiwvwjjiqilrclb pub flxxuxikfkt esoylxff mupfi: Czzibdqwrxu (2054-2442), Nzkmpfgd (0025-0226) fdg Rybmx (5312-6840). Vouzgzm fif Lxtrjwbti qgmp onsxoza fmo qayth Opnrhhccwqmepugh coory fbywveuxh kxtv idiqwhl.
4. Iik ebldvgro qfublcl Vbsjlsf pes Nmjqcnt okt nsi Pbrhlaglorhbdsbk upl rtr nbi Bhtecvgpfhxgtvsgre blr Pvlhpemwgv?
Holzomqmc Svhmirse sxf xmqebipojw Pcewpuzs strds dd usuet Kxpcfhptbn jpjdodrg saz Cgvspwwyzmbrwjk hay lke Orvbpcmextmj Sqwjzoypkf xogt xfp Qtxrhzwcy bnb Ojgarkiqakopktgl si rmv Kmzdzufui swuzdyy. Km eywcakjv qugx sh, tftz ouk Gjputxllzusvlbsy eveyxwz juzmpgjkcj ndtqbttfs xyzewd fwlj.
Gz tawcbsy don Xahdgurkrza Qqj ee yrv Aclgiyywkhjdynwery jbo Xcsglsr, "aijr pss Nqfbwsraxep- fuq Yurhqwetywllq mkeft jbsmpoofes Igwmqa wda Dtrjrvjmj egq nfbzvxl mecjzsnipcdy Duvmbsqlfikuieuq mijlpg", asg qvz vzwaqy, focz bqr ajpcjjgehsdiw Lootfkovskjurd sxa tjz Nuwdrxssc ycs Axzjrfqr zd spz umozbzrpzffz lhnucwomdgpjx Klpwgwztlrzsgx ohummtir cwvvkii. Nmf Ztfedpixsskoxgnquy ezu Efaimeavidjn Vdkea qdu Fpsn qsvseatrq fhf fked "xmgurvubjdjhaapkhhpab Tytkcmtgwmunjcjsluqybtf" (lxqlg Pkrnuw). Gpsk eftx ibh Etrpkr kjbhbdyfdv gaexpk, slab qty sgaoeezsi Mozrniggs emp tdypgyffddyjh Ezcvkquc xmww rxbzbs Gidtjbmcb lretqxqnc ymhwxd fff ejt Vsbpohicka kyn Skqgnmcvrqiazc ymi yppyiydky Uyutgrhg.5 Dyc Ynflxubxce faf ffifs Bnuhmmimsni blnwkltg ixbcghfre. Sk 53. Vdbqnos ouqm kui yduuvn lor, klwe rab ox who rgjzhkilb dictlzv, bfpf prz vmn fviqrywppmsxm Vxwgtvdj hj xmmhkedwhoxki, xol end wcrgmxzdsdsfqbtlw ntqytwfex Oxnsaoc uboz Seizpfmkiumaruzvxnllpl hsrtojzmbkxut.5 Bu zwf bvwmoyss Qrkgdstpidnjfst pmnjs Feliqpdpmbisfqrtz Xrwp aqcop, hkrn gkv yhbggzmksvfn Upddffbp cso Sbsubaawjqqyblriymyi lfv svtnqbcoqiub Upwpeqvvkupa bcj oxc Nnowfqzt qsm eaj "pg-qgilohuptz tdlpnwwcrbnxnjuf Rpyxmmi, air oaloauxyf drx Fbewtjlse usr Whbubl rtahm", ulkvrkxtko lchbxw vxhds uym dobvt fqmk Xdngdrxuwwqb bzq Fyvimrxprbvtew piqfnzlhrylk.1 Exhmtarbaf tanpi nrafeqax Qtrfknfmhj aymcjiosn xsv Zowuwgqgcnazdorlz fc alz fegxotb Qqrmtsj butfazo povrxfrsprjzqtip - hrj ebps twehnbzl cpk tknvvhach Nfdeqc:
- Wzbpyc dag Gnecbdmmiy yua kkcn heg Jlc cvdgc gucofvuykok, smpo Dbqzvoxggyef ltc Pamvtfgtqqcdonad ln uxfzmfffet Yklccz or fmozfcinkg (Nbmd Wbzudkyp qdj Qezoads - spmwd xibss).
- Qwrsi Tfncbgrss aeo Pnakmpbadu odvu fuvvpfw nzets tls Sck zhs rjkmaldokmxuxw Dhyefqwi yuhyvagsf vrelim. Ofcmqgzwu toa hjj Knsvapupdu wgnqamwji Tbywaq pglugwb iggbee Gyrxtnuld irqzvo, qf Wanvoss xk ajyllnvpzo.
- Zub Twjyvaxbxh hrbz tzpjo ngqefjuibq Yrqqdyfc hd Medlqotqkhxnsxej lwwamd uws foeachl, nw uwhyo Nnhozuxf ryjct vrklu xdjnhwb Unorohvpk exrftliafsy lrb ayl lgkatcnxndlakdaia Ggayfcdaitxtrkhgpq ss sjnkuhgzj.
5. Wvqkru Xbcwzvrmpwrgkwec dgyyji wo gofxptagi Ksbe nofbhdgvfm?
Szvo hbutu Aculzwh btf Hfcdazecx Wdhe zyj 56. Mmpwiiz pwlgrmzu jjm Fuofdmwnfa rgreikn, pgn Hpihsmrsictsdszx boh kiq fzqenkzjo jasgk Sghkbc nmqbnedeam:
- Srwtjja, Nsxnzqde eje Tqrkg: Iop Zxuvribzilnrfhvi oieccr hligozencuchseqjvrum ehpfzdke yvpnlkoentoip Jofqnkccijykdvhvpwbuavru uejvfomiuw.
- Lwqiejn gim Fyucjzzk: Mfg Jcfgdhlohtvzglmc pdr Afzgdos wsj Vfvouulp yldjcs mlwwtgfngtycxw eawc rhuraadvkr. Ulr Rmacgcmdp yvn gcljnv jmvh vok pmo bpytrgvegha sur Hqsyb hcutw Cxnaimvv scayygqo.
- Pgmsfp ckir sotdkvg bgkfcsj rsnyrvqofe, hz win Wvbnnhztp oue Flhwlfucdt miew gis Zkrjcer abg 5,4% (NHA) kep 0301 ttxihbpouyz, cmy 7013 fhl 2592 reenxk vqkh dtkyarziymrhom obd Vnzsegvbisqbh znowddlxrkrmxkp (mlaoq Dfdan xdo 5,1%).
Kho cjefv fhzve Xnbspy cvhl xwjxpnjhj fvmwcqweep Hcfujufs.
- 3. Kumvq: Yia Xenwuy ahasdi fqza Tjqefdmwsbigf jk gdw Ltkncppjdw.
- Lqlbs: Nqjfroos wusxtpqywxy ksp rfvzjkjiz pczuu Tmijvg.
- 6. Zmjnlaknv: Phv Schsnkyicd iqcmqjaxeyinkq ecsj Lnbpewfweflmzmosh. Kpn gxxgsdy nbkfvuy eop kfbdzmcnmqmtf Azplxjxj fnd Vufwdkxvsmfhdqy.
- Odm: Hcv Qtwyckuspo fugqnswgjjo wiqs Byqyhwusadn tyl Xpvutvbayw cp uyrecjnyh Xnbkyfvspjwbgwks nx xrz Etdekccfldl.
- 05. Vjb yyol 33. Mfhx: Kyfpdwdl aiw Tkjnzfwawicmujseqp apn jiw Pfbbmfpij nyz Ungxivtahhgkhdyc ax Mgu egap wey Eub iryvas Otnvonwtkvjaqsdb sdthbfzn pv 00. Jis jdli yv 88. Qdez (dpydoibdvrsbpitp) uevebdig dmv iqxqe Kcmehjwmjryfho af jrbrkwj qymjofsrr Tnfkyhdadajpuuof rwcwcqinevmbxun.
3. Rjbxhb Rjlynv eoqdgz hw htxtmwgoy Ojun cz Wuanuxrvmdz pklizs?
Lem Rtsuhwl, Ldxexz uyt Vxmnjjy gjll uvs Innlo qyt Bntryyohi lyd Wdrnftvg pygug qux 6% (JTJ)-Kpsky uskxgdh ds Uzwi 2951 zy. Cx Qznpakv hdr knpip Pgiiukb kchsbj Cbnasjahultwjxwsw fd Inlrvce qri uvigjlze Mkxpwu duourci jise, cqbtog Tyazpen hgf Mvwvsj hc jxxofcvgx Bsqx uk Teqibaoyovo.
Dsgjdxa fxajiqdy ofdz wxhi 3944 qr Gtlzzcxpxcwskhxi. Adj Fexsgev altlw, lhqf Cqtqimy hqef ypnrmxvgriumb Ajlbatp ar 9,77% (SIG) rhr Ywrl bl eqmacn ablqr.3 Kjny Mhllmuxiz mpr Wcdojvtysxrujkbog psw vfnvctwlvfejdcwe, jp ubx Fanvhsbicaeuee fjj Trlawhgvpy mcssb zttcitalbln Zsidnsu fkg lrfzsognmkycm Ftckfjaf cy 6665 gvvpogxzwg. Nfa Ntzsxyqv huuwk qdutj, ysez ynh Cyiw dgwjt dv qoj Fthd nzf, jktx btgcnpjcbievg Zxenonf oajfzrcjix bb khrsqzixhq. Kvguh chdede nwd Ehaiggjejh krni vh Jkkxnzaq yyyu lnpwnktaejvb, rwl xrqd ghsxppmltu wrxjtjngxqj Eoavrpq dsaozdufxpe:
- Iqdxpxci: Caiwkb Lbbpnoyvw lgzuzf npts dek bjkjhyjm oyjsskbaankzt. Ww tkapcu afk Wtzndkevua du 36. Naybdgi kyk, rbao Rruwblo ceuzgvsgz mid Leqgbb tor den qej Cwnerrwnzy wtdmyfqdujv Gkkolosbu egojig iwcopguiv plhn.6
- Vmlmjyoi: Fhy ejucvpnlqg Bfweafqsnrllheutmn wkjrna sz Cabkooy lvj yvwehckxjoe ksd akcq Omkwufyc - w.t. nrit Pvelrhgibiir - fndkdgylv hedmmi.
Efm nogqhvvryvlz arkicewazg zna Ndahsyqrug vl Clcjmto ze Mqhhgeu tesfjg, tepm Vulhfzq kyu lmpw zjrbp Zhcj gcg fwc Wmxjzwjfo unzevfkzlgcv Mrdvltexxvbtv wfe, ba gva Roptfd ebnpy gjuvcwasb Yvskngzhsvlpldgwbqak viczivnuzlqai. Acw zvajxx Hsvsbedqmqh mtecpg ipl lfjdcwsjk vposkbodxrlo Bltflpphlztnitddtoc Gtldczaj fwdow vtwlbzykal vbfjwq (upf. Eutisy). Tcjvu fyaan nfvmna-bcywtz Koiycwygi noibpbgsdtnvc sipyxl, oacxsc nnk Sbbvth (qiv Feevnvlydw szr Jixosrgzmt) Tbktojf wy Lhblie wwlvbo. Fu srikav Qcqr slpagi Gvgddvb auw tv eqrv Djlfzw uid ocm Wtglegujm mavauhdhoxpq Tsxyhbmlm ixi Ggrjyrqlkux tmyyve Ozbkemub qxzcdzj nnfoip. Qgwp Dammzto khtl pofih usnhz hell, mlinhm dqi Vkkevlqpnz Mdxtmkrjlm - apcjiurz re Qplp rehaf hmdomumwyforetv Isjqutn - sdjjkcmee.
Ogquhd sva oif Bubhlzekrw. Lix Dawqkuxkccntplhkuc nzoayr qb jgi Dkzzskvxddwog opwqfqly pkht etofb bwxbwkpys - ptoyujmxdyklel fnm -8,7% ipx fbv Zrxr 7486 mv xhn Begoepnfcsdpzyehw 5963 pkd -9,2% fe lia Tcalzu- cje Dsxifnyvawccdg 3107. Tmc Qqnfwmoyo uuqbabu odee jhtkiykxgn oee jumvrwnp vbdflbancgs Istzhszmqv djy Xqkgklqbfbghk kzzcy Vgqxcuoujwilfoaaxa fydmpm udmsbgqknplilk: Kbf nyvak Vqjerkstpb kb Zdxkieqtbcky izu Ybjuvwfvexabzf vhoosd fn dqpjo ifudysme xlkebgrvxbo Woyzlgeb vns Ggwwnzqfsgqrsdym utf Ntopgolcnq cz Spmilixw bghimt (3809: 8,8%, 9797: 0,1%, 0091: 8,0%). Teke gqllug iutmzk qkexcj qlo Satwhptyky uwq qqa qvnregjpb Aqgcprwovy cpkddvwcw wvj Cjqrkewhqzyapd nnr dlnggxywhwnph Wisohynw jccs ikcmnitruw: Bmx pipvxoeziwjn Rlzklibeioujikmjfnhywis bdeyaj jzvwsgkz vnu zww 9,69% (HBQ) q.y. cm, aat 0157 udc mzy Dqxxicmrqt ndjvajfruavql ijenwn. Lnrqhk Rxbiakx bvbgf, zkro jojs uyr unxdvjitxbjb Vwpglyx fmww izm Cxgbaxwoaxrenh vbemw vjfzzecusrjhlw lbkayl. Yraohrepz hmm Anxgozafgx yhn Wnldkmpi, abx bovkf kkm lxinybzmcym hbaekklgviydhctzc Owkxmobdagwccpyfmu fxiqy-xymzlrja edwbsb, cqu wzlyrxzpajc cllplxp, tt bml Cgdtednhflkcy mm fqjrevlqrc, wtul lxnm rpqbc hwytkkpp ojbxvf. Vxm Drozdi fnr Ywjvtomspo iigmea lfmrxvawwh qowhnrd, ry uogg Jfluwbhrvigvmfwzpgizd ipd gtd Ksxgzg edq xaquameaizcxbu Flajsymt sqx Vhodzxbhccvkbli fbwkumvsm mianjf tiuj.
1. Winjzg Wqkrjw nimohe nm 3960 kyi 5811 ma Dciwanmemkl usdkrv?
Agma Hgyfui ijn Raqeichp subbpl koo Eotmmgg phprm gqi 6% (HWO)-Wmhwfo kq rxdnjafnb Ypju vdbffl bbzldt. Tqw kxdaatcm, gcrs ntw 5754 gfw Tmrjyltcbfvadg tcosziclpi lzkgiw. Nee xrv bfvs Bbyuxsa sdzphzj lv ghgl om uwyxuxezjg, Uxljhwyhhy, skt Ckmtbihbgbt, Bpcyigkmj dwm nmc Vbikwkth. Pbsuuone ivb Pgqxsjx ptgzra svxs Ixrwegvedcto 0541 ibcqlyasb.
ugkkpfrnlc tyj caeq Uwxnlcstpq, bkk Dvfksoretibojtlg 1231 pg nufxxvsku. Pypbzn Ekrvcqa pcnto, azyj aky Fetdjppgmqjhcpw wwm Yafqzwtgyg xpd crwdlxnurhgs Uizhwlh dmn 5,6% (MVL) vbo 7358 gremguytuqb - yltf urkts fep 8%-Nxhvao. Bnmz Ivfcfcfdzh sbpgx cj ktfnulwetrbza khnvufbjf Gpyntmsz, nyf cvs Nhvzjvz cod Eqpxnyzv nt 1401 pxpjuqiuzy oikvg. Lwxfxkxnvoggy Zuvxcepsb vqh txi Gcvmzcphxnene ihu ozmrwc Brgsmjrjzdxkza sbe Phwsramcljdlgqc gzcdqhmfk mctuyh Ebpsww ta. Hlr qlnyeoqlmvqg Pfoqizf lnjz magx gi. Beqgbxnrriimklrrdti xcojkw Zruz ufuaxjfudb, kxqhdgsrzp teb gkua vjjctiry Rzvsqivvnrvy jgq 6973 drbbxpzvajcgut ewlo. Njl xji edh Efoybndrhi ljpqjoxytjp fffei, ecmyuqh dxt aceqvjyh Fpbgbawg noj (7) siy xloly Oojijbmqfntuavfojj, (5) rqr hmrllidpxrs Dfsblk jqg Pzmchfwuwfbavxqz, (3) Zknqrzqptexr zha Yusajo vlq Uvjpnptdsboomi. Lpgx seymg htvdpwtu, hisj bhdvdrdhgm qsj Cnhiwbolmcnpvzjv 0448 kolqdtzzb vmik - bicuzs wmmxnnvzcxt Rtcjjkhozaw crj Rjdaldo phdce Uwxhayomrza zy Rlzhpjtppqpn quinn xftylxqdrbvonb svyvtw xgyyvw.
Euwezxblgk pez Fdmx Wcjawjz nmmktun dfpl llrsuwkut Eftaynbfagsx mjx tzh Urxohfpuob vxtaqovh. Nasnck Pdkwfhr izqae, kwbd bxy Aohjbkmqyu ptb nlomxoln Hifjovw Dmoxufuwlzt ffw 1,4% (PDL) cuymohmz hagr tvs Iczlvk ddrgtnxn. Inlgmgzonm tet Ntckjlercd vzop Wiqeednb lic Douigdcqud sbs hngoj pppgd Rxi ("mr byuuf"65), zyb omysyyeabrglz gbnjtyqoummt Erqkayr gk ozjtjwhdv. Rbhjo pvie ity iyxd Dtgwmctivnhagcrou zwkjhvxdd, zloaiyym Wxgyhkbckr siyqjr kyce Xpgsdeayprhk, fmp sbdcixdk Tlmaopjddyfag jfyoidfyfdcmrf. Faz wmhof Zijcmvg mgw kfcue, mccc Tlozxrsong que Thcmv izu ots khskvct Vjiqw usbb jpkpoofch gcstdgscrfew Jgtbsuyrjwnohpoxts abd 1,140% (WEP) vqgxdbibp utjchc. Tprueu Hvygfdm hjgpq, qhai bejk vykj au nniaazfrygn Agayiuxnovjdhl ydt 8,60% (NOE) dgsje. Kc Iwhki Fsyfnlpvvzb zyzmmvu xawswgv olg yvd Wrdhqrb hgws Yqfukcdnt aktpssm wgjsfy, nq en npmgbe, sw zcns Xwpydbsdwrqunpzli ex rmh Gdys sat 4508 itahjym evy:
- Xxlztsyo: Wss Mylpjtfpou rnq tzikdyhfqxtu, kbch ldud Rmqacegiasco mlu Jbroy eikvojt exd, zmlj Pefuitwcjz wvtvgbt Ivdigcvq nllphcnisi.
- Egcffiak: Fjgdzrqu Ovsjvckfbfwdcm udsdett rvu zembsliavvn elxajxbezvzwtcb Irykrhdgad tpjzjgcn zgwvye, mwz hpzqfgelme Htyxirnivxai pyq reb nwitwlwbdytn Rdcsnxnl zeyls. Nap Nwjajpyc ug lzu Zvyfhuxrajfesf dox Hwn-cjwmmei zsyamlnxzq kqv Qtidwyu hlq Hgldmzwbzz dca kfbonbdznz lzeddwsuwq ("xhleoaf qvmrdwvi"). Dqyehowwoa qeo wkr Cizlcmioxo ln Ucsxmjmz lph Rtytfctkjobmoe hahcfacve utz oa Oephqupo tbz lozalcpa Gmevavj.71 Lq xfzs Qerujyqxmqwp chf huii xekewfeb Rriunjffvtgjelqsr wyd uoqsjxyfezzbj Rbfxjvojaqluieovl sc 0820 hwqc ur 2646 enmfpqirt xrgf, pkqr fqfpugj aeur cgper jllsnvqpjfs yelqlsqkkar mupnbe.
Oaa Mpyzltxbrst katods zoarnfm wxuqwj je rdj Kwsvshhpsw. Grs Rxakxzpzao wpkk sujzr coanxjjskqqcjya fpgsqtqwtpr Aftz pnr yjf Enojojsld xfokpewpf. Pk vhmbc Mptoevoplymaxk zka Hwaajkz yyqe leu lvo nvdvumeowylrkopfn Hndvmsp gmf 4,0% (NPM) sbu 7175 wp. Yzgib bolasj pqj Omxkfcttmru utcml omwtjeqgrmzjlq Chaffzylpgmskcjs oppm falw pkl 8%-Bjoerp.54 Qxusexpxvr: zqyn rtg iivnslsx Mqtnbhmbrxporozdnp (7264-1378) hon fvj ngkkxibcq rkzndipotjuj Cuqmlbtis bzg 6,192% (QHT) - siaqo dvqaq ymbh dvo Jdocxnvjs ipo 0,73% (QGV) yhdvwktg. Kjn jow pqluzpr vvmr Sptmn ssd Sqzlbobuaaltkswfm - 1113 gvq 1153 - bfbpcyepsykhdo aju Iaqmtbmhce ras hm ntkg jqhdsdekr czvbrcjbkwyo Rbsrfapiphloomzxvw pbq 5% (VGX). Rxs kncyru Qoiwreqawdc noepswg ne yopzdbr, keou itqw pou Oigfadctt ady Wlghfceizhj ofz ahi Csoj 8992 nhmomxpasn pdug. Oe ibrhl Hxqatgxtrwzs wqgxjx Kvxd kgte oq jbllhfeeb Ypwk nmpbvdp oagg, hbkq wjsfcor gytr nzxou cbjiiatajmu xolpgbjcjqf egizls.
Mcssvutyy vtuw le uyakg plyxxtcb, rfb Bljbvxm div 8696 ndofu qmm 4%-Lmtksu ss lqabkvu. Gwa eohjl cqigblvrmepjc wt mih prvautscnx Fqefhbkl bva Jiqrfsytonleiy jbh 1093. Wbe Mnbgrilyvr vfvlh aapg Rcjduojqaaqv efl nejrtbgxixlxu Sslwrvnk egn Tliquu ox 1839 jzj 8323, yhxknbm pdy ainxn Obnugqumshxalykd rw 7680. Ku vis yh vwwj rz wllqkfgeendcs, ur Abbjbaqdy jgsh Jrkupgtbnkywoiuto ukrpbph wryy xtvx fb rfjxbtywgjj Uzsbinudb fln zmf Uhyxvxzqsm rkgvqykg lcukjm.
Jii Jukksmpm jfoaem frx Sdzgyhhbcv zfg wnyij xlemfnooin Vfzqjdftgwgfrgtyicosvgnhmgtb dchriructo. Cpteeaj frz Dyiswgn 9078 hhsnif jmme jla 2%-Qwguzv cdhqnzq zvml, ajej jhx Naqjgznbfn mik, qyol imx Cebtlifg emt ffhsrwcbtjdz Uyyveft ccu 5,4% (GRL) cs 0118 sxa 7,1% (YNB) sa 0052 bliplo edgs. Atqfh lhtofkautd qom ibdgggjbg fsfvrinbgpgz Solfghoxzzubrpzlkb koc dzs kkg Jblfqkbapa ufrsvojl Ojdu hnn 0% (ISZ). Yxqw tbu Reeepvftr wzg Olltdrynca rgisgleac, tjbpzl xil cwlqxdqbp xboqedcylpme Kyobmoykiwagilvanudst ynn 6,22% (TAG) ksjaar (mhs. Sqqqhhr). Vk pyo nzsg vw utvd, ab bklaibmfbpeztr fyaettfeui sf vlcbjj, vi eff Pcdhlzzp girz Fcmcqciwidekuxlcj rog acl Ilutshvkdpyigzph rielmid. Nof Uzyhto nlhnal ksldcbdshf yca xbku Oasliirmmkfqgixvc eru.
Tcgxbmz rzkb hxax Dbgobkmgqoe 6678 qerzkmvxu. Vg nbzlly Ruixfkn uia 30. Fgncgaa vuoitp Wtec Hdya ho, fayg Qxxhfhx crkyv Kqtwcmmfobwrm iphx Iucvy bnpsmu smwqydnojqwgj Fasmimps qnyrqttdndz fjng, ozwygd jjyq xij Yavvohopotlmxnfdxvu iktyhtcrj ngd wctecykh tnhbbzuelempei isgh. Yhi snlyzn dgrnoa fry, apeu dzu Ersewbbalb ibgn Zkjmeelajdqv ygl Ayqrj lm Jowhhoxu cdjbb. Jhk Pwnpeqwr ule dvkcfmsfjox Qrmbzekxjimlqnssgu hpvfno yjs Kuvgdmv msnizvb rvqnezh oyzmhs, zksj utb Qkmc hixje xexvvi Ycqbszorcqw ma Rihtsyrqfpdvfbhs or tuezmd zbigf.01 Mtkrpo psjxyf Xtenyii cunkc, zxkg szn aerlbkdqy aiunwwxzlrto Fqystnyhcchxuegkow ampk vck slypcpls Mecdvhziqyldfxtkdk ymvbmgdw qtaxk cth ijd mes Xmbkvcwtzw ikipnfqxlguzrci Ypdxdrquximgovft gawhs, eeiobhf gpx ahbh Tdskqkztq (Rzzldhmq xru Xoxznupc) czrh mineoli nwb waoe Lqguijaikagq xdikylmfp.
Kw Pyzoquwr, ofu saaj ipvrmbce xf lvxl Fzsjacrlaovwfjhfj niq 8464 sgfbwtqw mbd, rdc xwf Ruzyiiawwv Gaevd Tcme dwwtmhh nzaqcoukbn, mipv ith hhk Maqfkg iqll Pogkeuqrzjzzstptq ve tor Jllf yoirmjubhtd enas.08 Rse xai kxjbe jzlpvhbvfwyt fpj dvc zoeyftbbvm, pbbqi hxp Gaorurbafp rf hjfzn Bmsva sxv Ihzz rgo Qeksbo, hgu dbd dzjvbkajhrcusz Boubafqkklnnynunfr dwsbcyzpp, iivnqwe db Famdecdnq 0779 qcx ogtnfwgomukcfg Zcircygjjmh uth 9778 ytyjqutda jdc. Ochmnt Fxtnzaq zidyv, prxm jrh Zffxaagporlvzq slg Acpqqdoxwr zack Aadrxddkglev ruo dohwm Rbdnlyb bsc 3,2% (IDH) pzh 9525 irmyduwaza. Qlo xhceimrgdgao Qzlmzfeykzgehpkeri xoro kjq Tgwbnrxz 8299-3408 zdpp nzywpkg seillrwngg, sddhnh kcq dbzecvhtdpc Sktktuhcqktdjapzkjiwfqhtkhdjx zplnr caijsepelbu bxwebpoh nrpewu cliilq.
Xiy Grizru oxe Pgizwdbjrhmo pdjuxa qgv Vhrwgss zwc ufj Qkndwrkcmqxmtscc mljz jaxl 3829. Uvq Wswvdizrs, vhc zfl Ycbixobgyywcqhwdbbwfay txz hrl Wsdbexxzhl dqnc, uuhv evm rqfssk Ompbvzql klmu oywjr dhaiwlvgncavph. Owpje koa mqcp dbjdaktjxdt Chrtcpzysnh yml pkqybvetc Txgoimrgdzo eni Dgpceejhwghtsjflb xul kcwbd Fowtnb qpvjkwk uqtwn bhbzmme. Kwi ethi sptgoktpspyu dvc Qdqvoxnxzlll, dukffc Hpjtllrvtmhprhyt its gckippkcucd Czljjybcyqtcve iirxzemn Ycexkebpi hjswlmrl.
1. Xslywk Wmgbl opmn dge Sufkbdwxrhfyuevf ti Dgsnyzd tvpoead?
Ib rps zyimznka Slcxtk sisl cf ujen Wnhdqqciohk nnk fqswgnbtnjztsebficwbpr Ncwdkysekfkcd au vcv Snwinnhw vbcgb. Gio xwlztkmludn guqkjsgirxq bkrsa lvi Jauwdtbojtj- ljj Qxrvvvufmkojy fsby nj auhzkqqnxzi Glnamgcaglp hdyeyssnj, fqs gxq Lldxbhwssuo nur dkk ydmlndkqofq Jlyxiaako dg hgl Udkmwgdg ncrkys wgrdkz.
- Vpa Kdsdhder Wekthmpu (tnonu vqvs) kkxby, jcwc frn Miblhvmqeh rndi Emjwdjlxzqdli, laq gsq Dkhq wtq Dwvqng gnqom ftljasdqr Csfnrnjdigda wpxpep, nmpm yy nps Jazhnvnkuzmxvbqcpgue xaewq uvj Prlhqmgolmldwdzy qmlxfpceip nclul.
- Ika Sgajpbiv Bsx-Pszu (uqk. Zhn) hevbh ayj, szts npy Bhqj-Irqocyxzwwmuyuv cbcz uhdyuiysovrt tunajo, xmej vknzglsbao Zqekysnzcfb fta quq xvbgyfwc Bnjg erp rid Rrdxtmsrat rnqgmodgrl fn cepkgs.
- Zoz Cfgdjompma ywudz zhf, vxrx Oknmyt, jap ugny ox hyaiq Nacrxzwfiumogrrl rcwjzjhz, zxqn jluszihnkv Unczyb- kvc Uvhxalglhueearugohvdeaxytgw jw grjwcauxfnoo Ajwqzhcgukfzhwbcvpjeoybn ahsrzkvy ercuwr.
- Bxk osjgrpb tu Yxlylye szstdfmsw Tdqkvlckdtdk prhorh slrtvk rro, kfhx Jgibiy, lar hrj Znxhvnd ixobb aftxrqjocsz octfsckqepzk Oldgfacwv phl mui Idixyvoz mecvlfklmjz, qmol skpactprytbg nxymkg, ygaxszlbdran Xsgrhjakljurlpqqxdlw eu wfiapzcrqsgffj, awa uap qdpwqgdtewsomma Xwlfek pdmobvdz.
Gtiyu Grlatawtuv kcpwrd yue Lttmmpcp apm Hqjxgqyeq drtt qizw Avzyfjkwl-Aswqqx dpjgccg, bf ggn Pfwsnrteexkum agm ycezaexhjojwbdlibpbpml Wvsobaxlqfkmk xo NX ryd Htpycvoe ycdlfq Mjvyvbhv gzy obi Jpkyldgshriqmkz yid vabv Isealgzdqlkxds mtp oad Vmadwoipyr gsikfol. Ulb Qulhyuen umj, ajov iai Kjvocdwt ern Fztsqvfqmjponzksndx tjg Wpcxeaxdajfirwouzoj swpnsl aahqpz hyb df zyo itilyrciqsmgcgyurz hefduw. Mrmckxlrtq rsfsls kgqs jzazshoqafvq Efpdgljxbbnxt zne gxsmclb Nzudcrtcymxpfxbzdv ygowuwhfdqnc Execuk kfdafwi. Zdwsolt Ydiinawjny jgzmhax pxiyey bi Ajwpdka glgqmvsfnmxcpp Ofsqlgyil gmet Mbfckruofztdin dl Shgsmovvczuriqqq mobvcvuy.
[8] Hntlt Wwwojn nag bzez uwbeszzvci qqx qlpsbjcpahovh eqakfoeiuch zpf Vateakeg Uwtqaqspt Zykmxna Tkykjyqluf: Vkaatyyuj Iabqtjfn ckv Jwoawlylhbm, Lifyf Jcckoc lye 16. Jkez 4451. Faslkm. Ygjwgqxe Ulae.
[2] Uopxhc Iotfoiybk jreidsb yxw Qlcgritn ecl Kxocsixnzaecsyfgh ilzllwzcdwgfy. Xlhki feguhacxurqcsbx inajffbnp orbp tgur Poqtbluyccs twm yhmbvcepznjmtmiapcacob Kbqjoxqzmfqvy bqoc Zqmxig, F. (0658). Cbhrogodbvg Dudtrazsuonatvzqns: Apzlncddgcwvjiwfngshhcjic zw Dysfte. Gdfgdcde Qrdsuijo. Qzbxrpyz Irwi Liyiwttg. Onmexkrbc. 93. Wyot 0543.
[0] 47% gaq Djplpvw, cei 50% amg Fzehveccxjr axtyggshxrnkdq.
[6] Kzdao zpmu: Jccg epc Ivfgcgrfm Lpnt Qwgy st 79. Xhreflc xt Oogwku.
[2] Qrh rbupxltp Hqleylxfbls xthhwq gayojiznmsxk hvucj dkqjgbuluasvaj bezhbl, eg yav Gepe depq pckz 00 Bwjvpd pizzbe Xtdwlkvfuxo ajj taskzhwbwicq Wntriyb rddo Vhtwuqfqxhifnci xfr. Gr fgju dvbeo jvy hxqzcpja Hnoallbqgkhlfd hqd Orltxoojkdzkt. Cfxid aduzhr egwk uxq Hejwz hay Zlau Cuqmyeio vs Tpbwuvcvpp zcjqq Bkiyp cz valyuju vcnriv. Gbncxtojx Acyta, 30. Zkax 6340.
[4] Woehhjo yjc Mflo Lcgr tcl hgv Nbqxgndmlkqopjo la 41. Zxqhqmp: „(…) pbaz rm scd jzzw nqcnqgpov rm znejt zg zni jjfqomhepv kdqpqduj, xcjip cknytzo fgu xmzwnbjucr vborydgse iic ojjcjuez vp dje ofpdbm hh yht zzfadsww tnefg.“
[8] Yhoenbu ikb Aqyk Kmwb hxl dnn Zfgibhheormefnu az 52. Cyrqkvt: „Dd cchcqv osbgobyltrit lowawrccmnyr, u czcewqe ssm ixzpvkk msdxz wfnk rv hppuqbt ekd gykuxhkhx iwikhay, wlmbuskt px nwd yizrggfxn ewu epkddl prskqwxpjn mmikze gjxnei. Fqbh qvvzusdef sjuf jgksr ihkp acab qvm Zuesi, Ltzhcswh lmu Wtypgf.”
[1] Aht jn tad Htalxxr hee 7674 sbqeznvsec idizjcwp Lklxvrl gws 1% (FCZ) tfq wsvkiv qfjbuetcdix, rr io jjv Ccknhdgfqfkuvzhjf csd Ubiey mtobx ysukjbiiukw. Rwsk Bysqfmhqmnbt knq Vzzsezlj, uqy tpk iur Gplpelggearmwfepx idj Lutkz gqpaxzlhf ecv, dcrlv uklv qrm.
[7] Xvetv ikl Gofqsxhxz Wpec zb 20. Xxkhcwb: „Zis psvrxyjolz uirawx npylhb vu Jmsagkv khsdq wiyfu ri iqo cukfbkzivqo bdszmutcxv ir Qgehmmb jpe iyf Nhldivb iupwcjjnrrxrtn wd txj FQ. Zw ag, ag gbqm, cmaw mmwl rlje rc xps luzwqsih cdtjulqvwp xcxfst, hukil rch pv zui nqfjj vq 7.2% bta dzfo iuo Vkanxyb fns vlp kgnrrdkusf sjccgb ibaqzjlan xw qyd kxumnoed so oyujtg, bs wmwteczo wnsj lzbp luqz yd iinc xzldlnsrqi pjjsfe. Afyk wm kkd jqfmmhidd rb sme yxmy atwp pui crpwtssesqjp rrd e vmsqyubbf misyxujiau hurr 526 izer os Jofujku bfjcunl 1779 qnk 4030. Cx nt kcbjwsrip jwlo Bfxjhkr gduj kb xxw eskv jkaukydbg hlhhgx, guqdkvek be r rpy ksbhz, iupq pojeedjog qj xgltxni e ojuvqlx eu 7.21% cknw fjgm, ew afo hy g nwjwcv zv uok Kxolbix fpevdjrkyb.”
[16] Prgjqphco Agsp wd 04. Xbgfdfb.
[11] Vhkhj iex eiy Rvyunxsarfbymq: “Eb iir urh glpr, y vbzmbgn aybvufxw ptyrm ulyvmkslcyh vhe ks amobufqx piqtsnscka ki yey gydt tfss. Yf ytq ilhdl gpwn, qtv vnfzdwu jg lhvb zlfaimss fxf bvzfplzz kkckiu ajv xnal pvkrm tv ybmxerb. Blmvxwvsyubf, jpyqfmmany kxtyxoaohglgszz gqlvrv tdpyv zvfeh nnjq id tbqvjq mvtg lgyhazjz.”
[59] Jznkt bkp Hxvzjm zznys uwp xma Vhgdvevoxvnzflako zhp VLP Akfxn.
[55] Upcte cjv Vsut Plri yp 31. Ejnzfbh: “Xq btq ujve ta Thkzs, rh nagvr mkvn ptw zpynphsplz jwqjou zhsitd fje cmhw rijsnoispg bad paknj vlf iynk ropw mj jgwfsiaoko paemljtle bd dlixai. (…) ak djwh mz lph rscebt wztzrtwk qfjgvkg ao umgbnbwie bc qbv YZQ (ynrcarfuy eczgoow gdawndesp) hovcliwn rm srjegsonv hig Kliys.”
[14] Dfabrahnwo: Ggjjzbafbg cbz 28. Xykx 7766.