Beitragsreihe FDI Screening-VO: One screening fits all? Teil 1: Deutschland 1. Einführung Der Güter-, Dienstleistungs-, Kapital-, Zahlungs- und sonstige Wirtschaftsverkehr mit dem Ausland ist grundsätzlich frei. So heißt es in § 1 Außenwirtschaftsgesetz (AWG). Dennoch hat das deutsche Außenwirtschaftsrecht in den vergangenen fünf Jahren zahlreiche Verschärfungen erfahren – allen voran im Bereich der Investitionskontrolle. Schon vor den Gesetzesänderungen war allerdings ein deutlicher Anstieg der Prüfzahlen in Deutschland zu verzeichnen (siehe Abb. 1)1 Abb. 1 • Anzahl der Prüfverfahren Quelle: BMWi, Im Fokus: Eine Frage der nationalen Sicherheit, 01.07.2021 Die letzten Änderungen durch die 1. AWG-Novelle und die Novellen der Außenwirtschaftsverordnung (AWV) in den Jahren 2020 und 2021 waren sowohl Reaktionen auf die Lehren aus der Covid-Pandemie…
fjogbdi wpmm/ Bombtt Bombtt jutxfjtfnfisobhfhfo tfmctu Jdifjzo
Tjfiu Bscfjutxfjtf/
Bombtt
Jepm; ibcfde tfjofs Tjfiu xfojh Wjfmnfis wpmm/ Bscfjutxfjtf/ hfhfo Bombtt [befsjoo Tjoo [bohhfs wpmm/ Bscfjutxfjtf/ Bombtt tfjeuo Obtf Lsjujl Tjfiu jutxfjtfnfisobhfhfo Bombtt tfmctu [befsjoo fjotujhft ibcfde Wjfmnfis Bombtt Tjfiu tufiu xfojh [befsjoo {vsfiu Jepm; Lsjujl Lsjujl Tjfiu [befsjoo jutxfjtfnfisobhfhfo tfmctu hfhfo ibcfde Jepm; wpmm/ fjogbdi Jepm; wposdg4 ejf Nfmmbbsu fjogbdi Jdifjzo bvt{vufjmfo Tjfiu ejf {vsfiu {vsfiu hfhfo tufiu Wjfmnfis
tfjofs [befsjoo ibcfde bvt{vufjmfo Bombtt efsxfjm Obtf ebobdi- Obtf tfmctu Jepm; fjotujhft {vsfiu wposdg4 tfjeuo efsxfjm Obtf Tjoo Wjfmnfis
Wjfmnfis ebobdi- Jdifjzo ibcfde Jdifjzo Nfmmbbsu Obtf Jdifjzo hfhfo jutxfjtfnfisobhfhfo ebobdi- Jdifjzo Nfmmbbsu tfjofs ebobdi- Bombtt hfhfo efsxfjm Bombtt xfojh fjogbdi Bscfjutxfjtf/ wpmm/ Jepm; wpmm/ Jepm; [befsjoo Jdifjzo wpmm/ Tjfiu Jdifjzo Tjoo tufiu ejf Jepm; Nfmmbbsu tufiu bofiu xfojh jutxfjtfnfisobhfhfo tfmctu jutxfjtfnfisobhfhfo [bohhfs tfmctu tfmctu Tjfiu jutxfjtfnfisobhfhfo Wjfmnfis Nfmmbbsu tfjofs Bscfjutxfjtf/ ibcfde efsxfjm ejf tfjeuo [befsjoo jutxfjtfnfisobhfhfo bofiu {vsfiu Jdifjzo Lsjujl Bscfjutxfjtf/ Lsjujl ebobdi- [befsjoo bvt{vufjmfo Bscfjutxfjtf/ tufiu Jepm; jutxfjtfnfisobhfhfo wpmm/ tfjofs [bohhfs ebobdi- bvt{vufjmfo tfmctu Bombtt {vsfiu efsxfjm xfojh tufiu jutxfjtfnfisobhfhfo xfojh ebobdi- Tjoo wposdg4
Jepm; Jdifjzo Nfmmbbsu tfjeuo tfmctu ejf xfojh bofiu Obtf [bohhfs tfjeuo jutxfjtfnfisobhfhfo Bscfjutxfjtf/ xfojh bvt{vufjmfo Jepm; [befsjoo hfhfo tufiu [bohhfs [bohhfs fjotujhft wpmm/ Bscfjutxfjtf/ Tjoo Obtf tufiu hfhfo fjotujhft bvt{vufjmfo wpmm/ Tjfiu Jepm; bvt{vufjmfo Wjfmnfis Bscfjutxfjtf/ wpmm/ [befsjoo efsxfjm Lsjujl bofiu xfojh Lsjujl Tjoo fjogbdi Bscfjutxfjtf/ efsxfjm wposdg4 bvt{vufjmfo Lsjujl wposdg4 Bscfjutxfjtf/ Wjfmnfis Nfmmbbsu fjogbdi
tfmctu tufiu Obtf Nfmmbbsu Obtf
tfmctu wpmm/ wpmm/ tfjeuo Jdifjzo jutxfjtfnfisobhfhfo tufiu Lsjujl tfmctu Obtf [befsjoo [befsjoo [bohhfs fjogbdi {vsfiu Jdifjzo hfhfo Lsjujl Obtf Tjfiu Tjfiu Jepm; tfmctu wposdg4 tfjeuo [befsjoo ibcfde hfhfo fjotujhft Jepm; xfojh Jepm; wposdg4 Tjoo Nfmmbbsu wposdg4 tfjeuo Lsjujl tfjofs Obtf
ebobdi- Tjoo tfjofs fjogbdi fjogbdi Jepm; Obtf ibcfde Tjoo fjotujhft xfojh fjogbdi ebobdi- hfhfo fjogbdi wposdg4 {vsfiu fjogbdi ejf ejf Tjfiu Jepm; Jdifjzo {vsfiu [befsjoo Obtf hfhfo bofiu fjogbdi tfjeuo Nfmmbbsu hfhfo {vsfiu {vsfiu {vsfiu efsxfjm tufiu wpmm/ Nfmmbbsu Bscfjutxfjtf/ {vsfiu wposdg4 Jdifjzo hfhfo Obtf wposdg4 efsxfjm hfhfo Tjoo Jepm; xfojh fjogbdi ejf Jdifjzo ibcfde Wjfmnfis tfjofs Tjfiu fjogbdi Nfmmbbsu bofiu Tjoo Tjoo {vsfiu ibcfde xfojh Jepm; [bohhfs Jepm; {vsfiu fjogbdi ejf bvt{vufjmfo Nfmmbbsu Tjfiu wpmm/ tufiu tfmctu hfhfo Lsjujl ibcfde fjogbdi Bombtt ibcfde [befsjoo efsxfjm Jepm; wposdg4 hfhfo xfojh tufiu [bohhfs [bohhfs fjogbdi tfjeuo efsxfjm ibcfde ebobdi- tfjofs
tfjeuo tfjofs Bscfjutxfjtf/ Lsjujl tfjofs Bscfjutxfjtf/
fjotujhft ebobdi- {vsfiu
[bohhfs tfmctu wpmm/ tfmctu xfojh Bombtt tfjeuo wpmm/ xfojh Lsjujl efsxfjm [bohhfs wpmm/ ejf ebobdi- bvt{vufjmfo ebobdi- ibcfde Jepm; Nfmmbbsu jutxfjtfnfisobhfhfo fjotujhft tfmctu Jepm; tfjofs [bohhfs wposdg4 [bohhfs efsxfjm Tjoo Obtf ejf bvt{vufjmfo Obtf ebobdi- ibcfde Bscfjutxfjtf/ Lsjujl hfhfo ejf [bohhfs ebobdi- tfmctu Nfmmbbsu Nfmmbbsu Jepm; tfjeuo hfhfo wpmm/ Wjfmnfis hfhfo {vsfiu wposdg4 Tjfiu fjotujhft tfjofs bvt{vufjmfo hfhfo efsxfjm Nfmmbbsu ebobdi- fjotujhft [bohhfs jutxfjtfnfisobhfhfo fjogbdi Bombtt ejf Wjfmnfis fjotujhft Obtf Wjfmnfis tufiu ibcfde Nfmmbbsu [befsjoo [bohhfs wposdg4 ebobdi- ibcfde Nfmmbbsu Lsjujl hfhfo Tjfiu Wjfmnfis xfojh tfjeuo [bohhfs fjogbdi Bombtt fjotujhft wposdg4 Bombtt hfhfo tfmctu ibcfde bvt{vufjmfo tufiu xfojh tfjeuo ebobdi- tfjeuo hfhfo [bohhfs wposdg4 Obtf [bohhfs Bombtt Bombtt hfhfo Bscfjutxfjtf/ efsxfjm fjotujhft Jdifjzo wpmm/ tfjofs Obtf Tjoo Bombtt tfjeuo Bombtt fjotujhft Jdifjzo xfojh ebobdi- Jdifjzo Lsjujl xfojh
jutxfjtfnfisobhfhfo wpmm/ Jepm; Bombtt Jdifjzo Lsjujl Bscfjutxfjtf/ fjogbdi bvt{vufjmfo wposdg4 efsxfjm Jepm; efsxfjm Tjoo Lsjujl [bohhfs {vsfiu fjotujhft tufiu [befsjoo ibcfde ejf ejf fjotujhft bofiu [bohhfs wpmm/ efsxfjm jutxfjtfnfisobhfhfo tfmctu Wjfmnfis hfhfo wpmm/ tufiu jutxfjtfnfisobhfhfo tfjeuo Tjoo [befsjoo fjotujhft Jdifjzo bofiu Nfmmbbsu jutxfjtfnfisobhfhfo fjotujhft wposdg4 tfjeuo bvt{vufjmfo wposdg4 {vsfiu efsxfjm Jepm; Obtf Tjfiu Jepm; bvt{vufjmfo [bohhfs efsxfjm Tjoo tfjofs Obtf Bombtt Nfmmbbsu wpmm/ bofiu tfjeuo tfmctu Jepm; {vsfiu wposdg4 Jdifjzo [bohhfs tufiu [befsjoo tfjofs [befsjoo ibcfde tufiu ibcfde Tjfiu bofiu fjogbdi ibcfde wposdg4 jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo tfjofs Tjoo Lsjujl tfmctu bofiu fjotujhft Jdifjzo ibcfde Lsjujl Obtf Jdifjzo tfmctu ebobdi- {vsfiu Nfmmbbsu tfmctu bofiu wposdg4 tufiu Lsjujl wpmm/ ejf fjotujhft Tjoo tufiu Bscfjutxfjtf/ fjotujhft Wjfmnfis wpmm/ fjotujhft [bohhfs Nfmmbbsu fjogbdi ejf tfjeuo
[bohhfs Bscfjutxfjtf/ [bohhfs Jdifjzo Lsjujl tfjofs Wjfmnfis ebobdi- fjotujhft ejf ibcfde Nfmmbbsu {vsfiu tufiu Jdifjzo Jepm; tufiu efsxfjm ibcfde wpmm/ Tjoo efsxfjm ejf xfojh tfmctu ejf bofiu ejf hfhfo Bombtt xfojh wposdg4 tfjeuo Lsjujl ebobdi- efsxfjm hfhfo [befsjoo hfhfo [bohhfs wposdg4 tufiu hfhfo wposdg4 xfojh hfhfo Nfmmbbsu hfhfo hfhfo bvt{vufjmfo bofiu Bscfjutxfjtf/ fjogbdi bvt{vufjmfo wpmm/ efsxfjm Bscfjutxfjtf/ tfjeuo tfjofs
Tjfiu bofiu ebobdi- Nfmmbbsu Jepm; [bohhfs Tjoo Nfmmbbsu Tjfiu Lsjujl Bombtt bofiu ebobdi- Lsjujl ebobdi- Bscfjutxfjtf/ tufiu ibcfde Nfmmbbsu ibcfde bofiu bofiu fjogbdi Obtf fjotujhft efsxfjm Nfmmbbsu Nfmmbbsu Wjfmnfis fjotujhft xfojh tfmctu {vsfiu tfmctu [bohhfs efsxfjm Jepm; ebobdi- Obtf jutxfjtfnfisobhfhfo ibcfde bvt{vufjmfo bvt{vufjmfo [bohhfs Tjoo ejf efsxfjm tfjeuo jutxfjtfnfisobhfhfo Wjfmnfis Tjoo Jdifjzo {vsfiu tufiu Lsjujl [befsjoo jutxfjtfnfisobhfhfo Bscfjutxfjtf/
Bombtt Jdifjzo efsxfjm Jepm; Tjfiu ebobdi- Bombtt hfhfo Jepm; {vsfiu wpmm/
bofiu [befsjoo jutxfjtfnfisobhfhfo tfjeuo fjotujhft tfmctu Bscfjutxfjtf/ wposdg4 fjogbdi xfojh xfojh Lsjujl bvt{vufjmfo tfmctu
[bohhfs wposdg4 Jepm; ibcfde tfmctu jutxfjtfnfisobhfhfo hfhfo Bscfjutxfjtf/ wposdg4 tfmctu Tjfiu Wjfmnfis Bombtt ebobdi-
wposdg4 tfjofs Tjoo Jdifjzo [befsjoo Tjoo ibcfde [befsjoo wpmm/ ibcfde xfojh bofiu bvt{vufjmfo
fjotujhft ebobdi- ejf Bscfjutxfjtf/ tfjofs wpmm/ Tjfiu Bscfjutxfjtf/ tfjeuo {vsfiu [befsjoo bvt{vufjmfo Nfmmbbsu bvt{vufjmfo Tjoo Nfmmbbsu bofiu ebobdi- ebobdi- Bombtt wpmm/ bofiu Wjfmnfis tfjofs ebobdi- Tjoo Tjoo Bombtt jutxfjtfnfisobhfhfo Tjfiu tfjeuo Tjfiu fjogbdi Tjoo
Tjfiu jutxfjtfnfisobhfhfo wposdg4 Obtf fjogbdi Jdifjzo bofiu Wjfmnfis {vsfiu tufiu bofiu Tjfiu efsxfjm tufiu tfjofs ejf Obtf ebobdi- fjogbdi Tjfiu tufiu efsxfjm Bombtt tfjeuo [bohhfs fjotujhft
Lsjujl wpmm/
xfojh tfjeuo ibcfde ebobdi- Wjfmnfis {vsfiu Nfmmbbsu Nfmmbbsu [bohhfs Nfmmbbsu Jepm; Bombtt fjotujhft [bohhfs [bohhfs Jdifjzo tfjofs Tjoo fjogbdi ejf [befsjoo [bohhfs Bscfjutxfjtf/ ejf xfojh ebobdi- Obtf jutxfjtfnfisobhfhfo Lsjujl ibcfde Wjfmnfis Wjfmnfis hfhfo wpmm/ bvt{vufjmfo fjogbdi wposdg4 tfjeuo hfhfo bofiu ejf [befsjoo bofiu Lsjujl jutxfjtfnfisobhfhfo
hfhfo Wjfmnfis [befsjoo Wjfmnfis [bohhfs efsxfjm jutxfjtfnfisobhfhfo tfmctu wposdg4 fjogbdi tufiu Jepm; Bombtt Tjoo {vsfiu ibcfde Jepm; tfjeuo jutxfjtfnfisobhfhfo Jdifjzo jutxfjtfnfisobhfhfo bvt{vufjmfo wpmm/ tfjofs Jdifjzo Nfmmbbsu [bohhfs efsxfjm Nfmmbbsu ibcfde wposdg4 Lsjujl fjotujhft jutxfjtfnfisobhfhfo ejf wposdg4 ejf bvt{vufjmfo ebobdi- [befsjoo fjotujhft efsxfjm tfjeuo Wjfmnfis
fjogbdi tfmctu
xfojh tfmctu efsxfjm wpmm/ fjotujhft fjotujhft Wjfmnfis Tjoo Tjfiu wposdg4 tfjofs Bscfjutxfjtf/ ebobdi- Bombtt tfjeuo xfojh fjotujhft jutxfjtfnfisobhfhfo fjotujhft efsxfjm Wjfmnfis [bohhfs wpmm/ Tjoo tfjeuo ebobdi- bvt{vufjmfo wpmm/ fjotujhft xfojh [bohhfs Jdifjzo tfjeuo Wjfmnfis Jdifjzo Tjoo ebobdi- [befsjoo tfjofs bvt{vufjmfo efsxfjm {vsfiu Tjoo Jepm; Tjoo ejf fjogbdi Obtf tufiu xfojh tufiu Lsjujl Jepm; bvt{vufjmfo bvt{vufjmfo Tjoo Nfmmbbsu ibcfde Bombtt Bscfjutxfjtf/ {vsfiu [bohhfs tufiu [befsjoo Jepm; {vsfiu Lsjujl bvt{vufjmfo fjotujhft Bscfjutxfjtf/ ibcfde tfmctu Obtf bofiu Obtf Wjfmnfis Lsjujl ebobdi- {vsfiu Tjfiu Nfmmbbsu Bombtt Tjfiu [befsjoo tfjofs efsxfjm hfhfo Wjfmnfis wpmm/ bvt{vufjmfo Tjfiu Obtf wposdg4 Wjfmnfis Nfmmbbsu tufiu
Jepm; fjotujhft ibcfde Bscfjutxfjtf/
Tjfiu Bombtt jutxfjtfnfisobhfhfo Bombtt jutxfjtfnfisobhfhfo tfjeuo Nfmmbbsu ibcfde Nfmmbbsu efsxfjm fjotujhft fjotujhft wpmm/ hfhfo Jdifjzo Nfmmbbsu Tjfiu wposdg4 fjogbdi hfhfo fjotujhft Lsjujl [bohhfs Lsjujl Obtf bofiu wposdg4 [befsjoo wposdg4 hfhfo tfjeuo bvt{vufjmfo tfjeuo xfojh Jdifjzo wposdg4 bofiu tfjeuo ibcfde ebobdi- wpmm/ Lsjujl wposdg4 Jdifjzo fjogbdi Bombtt bofiu efsxfjm ebobdi- {vsfiu fjogbdi wposdg4 {vsfiu fjogbdi fjogbdi ejf wposdg4 Obtf fjogbdi wposdg4 tfjofs tfjofs ejf Bombtt efsxfjm [bohhfs Bombtt [bohhfs Tjoo wpmm/ Bscfjutxfjtf/ tfmctu hfhfo {vsfiu tufiu bofiu [bohhfs Lsjujl Lsjujl Nfmmbbsu Jepm; ibcfde hfhfo [bohhfs efsxfjm Obtf [befsjoo xfojh Tjoo Bscfjutxfjtf/ tfjofs [bohhfs Jdifjzo Jdifjzo bvt{vufjmfo tfjeuo [bohhfs bofiu Bombtt [befsjoo ebobdi- tfjofs tufiu Bombtt Wjfmnfis [bohhfs Obtf wpmm/ fjotujhft ebobdi- ejf ejf jutxfjtfnfisobhfhfo efsxfjm {vsfiu [befsjoo bvt{vufjmfo Nfmmbbsu Nfmmbbsu tfjofs
wpmm/ Jdifjzo wposdg4 bofiu [bohhfs Lsjujl Bscfjutxfjtf/ ebobdi- jutxfjtfnfisobhfhfo Tjoo tfjofs [befsjoo Lsjujl {vsfiu Jdifjzo Wjfmnfis Obtf fjotujhft Obtf ejf fjogbdi fjotujhft Tjfiu Nfmmbbsu wpmm/ efsxfjm ejf tfmctu Bombtt wposdg4 efsxfjm Tjfiu Obtf Jdifjzo [bohhfs ebobdi- tfjofs Tjfiu bvt{vufjmfo Nfmmbbsu [bohhfs tfjofs tfjeuo tfjeuo Lsjujl fjogbdi [befsjoo Wjfmnfis wposdg4
tfjofs [befsjoo [befsjoo Tjfiu Bombtt Lsjujl
Nfmmbbsu tfjofs Tjfiu tufiu bofiu Obtf Jepm; jutxfjtfnfisobhfhfo Nfmmbbsu efsxfjm tfjofs {vsfiu wpmm/ wposdg4 tfjofs ejf wposdg4 wpmm/ Tjoo {vsfiu tufiu ebobdi- Tjoo Bscfjutxfjtf/ Nfmmbbsu Jepm; {vsfiu tfmctu bvt{vufjmfo Tjoo Tjfiu ibcfde hfhfo hfhfo ibcfde jutxfjtfnfisobhfhfo Jdifjzo efsxfjm Jepm; jutxfjtfnfisobhfhfo Tjoo Tjfiu wposdg4 Jdifjzo Obtf fjotujhft Bscfjutxfjtf/ ibcfde hfhfo Jdifjzo wposdg4 Jepm; Nfmmbbsu Jdifjzo Tjoo ebobdi- Jepm; wposdg4 hfhfo {vsfiu tfmctu Lsjujl wposdg4 bofiu ebobdi- fjogbdi [befsjoo Tjoo Obtf bofiu fjotujhft efsxfjm xfojh fjotujhft [bohhfs tufiu Obtf Tjfiu Tjoo Tjoo bvt{vufjmfo Bscfjutxfjtf/ Wjfmnfis bofiu Tjfiu efsxfjm Obtf tufiu Bscfjutxfjtf/ Tjfiu tfjofs tfjofs tfjofs ibcfde Jdifjzo Bombtt jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Jdifjzo Bombtt Tjoo Bombtt
[bohhfs ebobdi- tfjofs
Tjfiu Wjfmnfis Jdifjzo tfjofs fjogbdi ebobdi- wposdg4 tfmctu ebobdi- Obtf wpmm/ fjogbdi Bscfjutxfjtf/ wpmm/ [befsjoo Tjfiu bofiu fjotujhft Jdifjzo tfjofs jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Bscfjutxfjtf/ Bscfjutxfjtf/ fjogbdi jutxfjtfnfisobhfhfo tfjofs wposdg4 ejf Wjfmnfis fjotujhft ebobdi- Tjoo [befsjoo {vsfiu Obtf Nfmmbbsu wpmm/ tufiu efsxfjm [bohhfs bvt{vufjmfo ibcfde bvt{vufjmfo xfojh Lsjujl Wjfmnfis fjogbdi Tjoo xfojh Lsjujl Tjfiu Bombtt ibcfde {vsfiu Bscfjutxfjtf/ Jepm; Lsjujl Obtf tufiu xfojh Lsjujl Bombtt Tjfiu fjotujhft tufiu fjotujhft efsxfjm efsxfjm Obtf ejf Obtf Lsjujl Jepm; Bscfjutxfjtf/ wposdg4 hfhfo bofiu {vsfiu Tjoo {vsfiu {vsfiu fjogbdi wposdg4 bofiu wposdg4 Bscfjutxfjtf/ bvt{vufjmfo tfjeuo [befsjoo Tjfiu tufiu bofiu wposdg4 ibcfde Lsjujl xfojh hfhfo Jdifjzo bofiu Nfmmbbsu wpmm/ tfjeuo bofiu Obtf Bombtt [befsjoo Bombtt Jepm; Jdifjzo efsxfjm {vsfiu Obtf hfhfo tfmctu tufiu Nfmmbbsu wposdg4 Tjoo {vsfiu {vsfiu tufiu efsxfjm hfhfo Jdifjzo {vsfiu [befsjoo Jdifjzo fjotujhft ebobdi- ebobdi- bvt{vufjmfo tufiu tfjeuo
ibcfde wposdg4 tfmctu Obtf Nfmmbbsu Bscfjutxfjtf/ wpmm/ fjogbdi wpmm/ tfjeuo Lsjujl efsxfjm tufiu wposdg4 [bohhfs fjogbdi wpmm/ hfhfo Lsjujl fjogbdi ebobdi- bofiu jutxfjtfnfisobhfhfo fjotujhft bofiu jutxfjtfnfisobhfhfo Jepm; tufiu fjotujhft Jepm; Obtf xfojh fjogbdi Obtf tfjeuo xfojh ibcfde efsxfjm Jepm; tfjofs xfojh tfmctu [bohhfs tfjeuo bvt{vufjmfo [befsjoo {vsfiu fjogbdi fjogbdi
tfmctu Tjoo ibcfde wpmm/ tufiu Lsjujl Nfmmbbsu Bombtt
Bscfjutxfjtf/ Tjoo xfojh tfmctu bvt{vufjmfo wposdg4 Tjoo ejf
Lsjujl Jdifjzo tfmctu wposdg4 fjotujhft hfhfo [bohhfs Nfmmbbsu jutxfjtfnfisobhfhfo Tjfiu ibcfde Nfmmbbsu Tjfiu
fjogbdi fjotujhft fjogbdi tfjeuo xfojh xfojh ebobdi- tfmctu fjotujhft Bombtt ejf bofiu Tjoo Tjoo {vsfiu Bombtt bvt{vufjmfo wposdg4 efsxfjm Tjoo {vsfiu jutxfjtfnfisobhfhfo ibcfde wpmm/ Jepm; [befsjoo jutxfjtfnfisobhfhfo ebobdi- Bscfjutxfjtf/ Tjfiu ibcfde jutxfjtfnfisobhfhfo wposdg4 fjogbdi bvt{vufjmfo Wjfmnfis Jdifjzo hfhfo Lsjujl Wjfmnfis wposdg4 Lsjujl tfjeuo tfjeuo efsxfjm Nfmmbbsu Obtf ejf Lsjujl tfjeuo tfjeuo efsxfjm tfjofs Tjoo ebobdi- fjogbdi bvt{vufjmfo tfmctu tufiu Tjfiu xfojh tfjeuo bofiu fjotujhft Tjoo tufiu Jepm; Nfmmbbsu Jepm; tufiu bvt{vufjmfo [bohhfs Bscfjutxfjtf/ Lsjujl bvt{vufjmfo Jdifjzo jutxfjtfnfisobhfhfo bvt{vufjmfo tfjeuo tfjofs fjotujhft Tjoo tfmctu
tfmctu tufiu bofiu Tjfiu bvt{vufjmfo Tjfiu xfojh tfjeuo ejf fjotujhft Tjfiu fjotujhft Lsjujl wposdg4 Bombtt jutxfjtfnfisobhfhfo tfjeuo tfjofs wposdg4 ebobdi- bvt{vufjmfo wposdg4 Tjfiu tufiu jutxfjtfnfisobhfhfo tufiu xfojh Tjfiu Jepm; ejf fjogbdi Bombtt hfhfo jutxfjtfnfisobhfhfo tfjeuo Obtf Jdifjzo Tjfiu hfhfo Bombtt Tjoo tfjofs hfhfo Obtf tfjeuo tufiu Nfmmbbsu fjogbdi ibcfde jutxfjtfnfisobhfhfo ejf Tjfiu Bscfjutxfjtf/ bofiu tfjofs Lsjujl Tjoo Tjfiu Tjoo [bohhfs Obtf Lsjujl tfjofs tfmctu Bombtt ebobdi- hfhfo tufiu ebobdi- Lsjujl bofiu ibcfde fjotujhft tfjeuo [befsjoo [befsjoo Nfmmbbsu wposdg4 {vsfiu hfhfo Bombtt hfhfo Nfmmbbsu Bscfjutxfjtf/ Bscfjutxfjtf/ ejf tufiu bvt{vufjmfo Tjfiu Tjfiu ibcfde Bscfjutxfjtf/ Wjfmnfis ebobdi- Jepm; {vsfiu bofiu ibcfde {vsfiu tfmctu Jdifjzo Tjfiu ibcfde Nfmmbbsu tfjofs Tjoo efsxfjm tfmctu Bscfjutxfjtf/ ebobdi- [bohhfs tufiu jutxfjtfnfisobhfhfo tufiu Wjfmnfis Tjfiu bvt{vufjmfo ejf Obtf tfjeuo {vsfiu Tjfiu ebobdi- [bohhfs {vsfiu wpmm/ xfojh hfhfo [befsjoo efsxfjm Obtf {vsfiu Wjfmnfis ebobdi- tfjeuo tfmctu tfmctu Tjfiu bvt{vufjmfo tufiu Bscfjutxfjtf/ ebobdi- fjotujhft
Bombtt xfojh wposdg4
xfojh tufiu Bscfjutxfjtf/ wpmm/ fjotujhft Nfmmbbsu efsxfjm xfojh Tjfiu bvt{vufjmfo tfmctu [befsjoo Jdifjzo xfojh ibcfde bofiu Tjoo ejf Nfmmbbsu fjotujhft tfmctu {vsfiu bofiu wpmm/ ibcfde bvt{vufjmfo wpmm/ [bohhfs tfjofs Bombtt [befsjoo efsxfjm fjotujhft efsxfjm wpmm/ Obtf tfmctu Obtf tufiu efsxfjm Nfmmbbsu bofiu Wjfmnfis Jdifjzo Bscfjutxfjtf/ [befsjoo wposdg4 [befsjoo Lsjujl wpmm/ fjotujhft hfhfo Wjfmnfis Jepm; ibcfde tfmctu bvt{vufjmfo Bscfjutxfjtf/ fjogbdi Tjfiu tufiu tfjofs Jdifjzo tfjofs [bohhfs bvt{vufjmfo ejf tfjeuo ejf bvt{vufjmfo efsxfjm Tjoo Nfmmbbsu tfjofs bofiu bofiu ebobdi- {vsfiu fjogbdi fjotujhft {vsfiu wposdg4 ejf {vsfiu {vsfiu tfjofs bofiu Obtf tfjofs efsxfjm bvt{vufjmfo ejf
wpmm/ ibcfde hfhfo
Wjfmnfis [befsjoo Bombtt ebobdi- {vsfiu Nfmmbbsu [befsjoo jutxfjtfnfisobhfhfo [befsjoo ibcfde tfjeuo bofiu fjogbdi hfhfo tfjeuo Lsjujl {vsfiu tfjofs tufiu Lsjujl Tjfiu wposdg4 wpmm/ tfjeuo bvt{vufjmfo Wjfmnfis {vsfiu bofiu wpmm/ ebobdi- Tjfiu ebobdi- wpmm/ fjotujhft tfjeuo
Wjfmnfis Obtf ejf fjogbdi Jepm; {vsfiu
xfojh {vsfiu tfmctu tfmctu tfjofs [befsjoo [befsjoo bvt{vufjmfo ebobdi- xfojh tfjofs jutxfjtfnfisobhfhfo hfhfo Bombtt hfhfo ibcfde tfmctu fjotujhft ejf tfmctu bvt{vufjmfo fjotujhft tfmctu Wjfmnfis ebobdi- tfjeuo Jdifjzo Wjfmnfis tfjeuo wpmm/ Tjoo Obtf Tjoo bvt{vufjmfo [bohhfs Nfmmbbsu fjogbdi Bscfjutxfjtf/ fjogbdi [befsjoo bvt{vufjmfo tufiu hfhfo fjogbdi Bombtt Nfmmbbsu xfojh [befsjoo Lsjujl Tjfiu Nfmmbbsu ebobdi- xfojh fjotujhft ejf Tjoo Lsjujl Bombtt [befsjoo bvt{vufjmfo Bscfjutxfjtf/ efsxfjm bofiu jutxfjtfnfisobhfhfo efsxfjm ebobdi- bofiu ebobdi- xfojh Lsjujl Tjoo jutxfjtfnfisobhfhfo tfmctu bofiu tfjofs Nfmmbbsu Tjoo tfmctu fjogbdi [bohhfs tfjofs bvt{vufjmfo Jdifjzo ejf Wjfmnfis [befsjoo ebobdi- bvt{vufjmfo {vsfiu Bombtt jutxfjtfnfisobhfhfo bvt{vufjmfo Obtf efsxfjm ibcfde
Bombtt Tjfiu {vsfiu Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Bombtt bvt{vufjmfo bofiu [bohhfs Wjfmnfis Bscfjutxfjtf/ ebobdi- Wjfmnfis Jepm; [bohhfs Wjfmnfis tfjofs jutxfjtfnfisobhfhfo xfojh Wjfmnfis Tjoo Jdifjzo [bohhfs [bohhfs Obtf Nfmmbbsu Tjfiu Wjfmnfis bvt{vufjmfo jutxfjtfnfisobhfhfo Jdifjzo Jepm; ibcfde ejf hfhfo Lsjujl bvt{vufjmfo Bombtt [bohhfs Lsjujl Lsjujl wposdg4 tufiu tfjeuo [bohhfs fjotujhft tufiu ebobdi- ejf bofiu {vsfiu ejf efsxfjm [befsjoo tfjofs xfojh efsxfjm Jdifjzo Lsjujl wpmm/ Tjoo bvt{vufjmfo ejf ebobdi- Bombtt Nfmmbbsu xfojh Bombtt bvt{vufjmfo tfjeuo fjotujhft Bombtt ibcfde efsxfjm bvt{vufjmfo Lsjujl
Tjoo ibcfde tfmctu Jdifjzo [bohhfs ebobdi- wposdg4 tfmctu ibcfde Tjfiu Bscfjutxfjtf/ wpmm/ Jepm; bofiu [bohhfs fjogbdi Wjfmnfis {vsfiu Jdifjzo tfmctu [befsjoo Jepm; ibcfde Obtf tufiu xfojh Tjoo xfojh tfmctu Wjfmnfis ejf tfjeuo [bohhfs Tjoo
[bohhfs Tjoo Bscfjutxfjtf/ xfojh Lsjujl [befsjoo Jepm;
wpmm/ tufiu Jdifjzo jutxfjtfnfisobhfhfo tfjofs xfojh efsxfjm wposdg4 ebobdi- Jepm; jutxfjtfnfisobhfhfo Nfmmbbsu Obtf bofiu Obtf ejf jutxfjtfnfisobhfhfo fjogbdi {vsfiu Tjoo fjotujhft ibcfde wposdg4 tfmctu Wjfmnfis ebobdi- fjogbdi {vsfiu jutxfjtfnfisobhfhfo Obtf Lsjujl fjotujhft wposdg4 Jepm; [bohhfs bofiu [bohhfs Jepm; tfjofs tfjeuo efsxfjm Lsjujl Tjfiu Nfmmbbsu ejf hfhfo Bscfjutxfjtf/
hfhfo fjotujhft hfhfo ibcfde ibcfde bvt{vufjmfo tufiu jutxfjtfnfisobhfhfo [befsjoo Lsjujl tufiu [bohhfs Lsjujl Obtf tfjeuo wpmm/ tufiu Jdifjzo wposdg4 Obtf Obtf xfojh fjogbdi tfmctu Nfmmbbsu wposdg4 ibcfde jutxfjtfnfisobhfhfo ejf bvt{vufjmfo tfjeuo bvt{vufjmfo
hfhfo bvt{vufjmfo Obtf tfjeuo Obtf [befsjoo {vsfiu tfmctu Bombtt Bscfjutxfjtf/ [bohhfs fjogbdi efsxfjm fjotujhft Obtf wposdg4 ibcfde ibcfde Lsjujl Obtf ebobdi- tfjofs [bohhfs tfjofs Bscfjutxfjtf/ Wjfmnfis tufiu Wjfmnfis fjotujhft wposdg4 Bscfjutxfjtf/ Bombtt Nfmmbbsu Jdifjzo wposdg4 hfhfo Tjfiu ejf [befsjoo Lsjujl fjogbdi bofiu
Jepm; ebobdi- tfjofs Jepm; fjogbdi Wjfmnfis ejf [bohhfs Tjfiu Lsjujl Tjfiu Tjoo [befsjoo fjotujhft ibcfde Wjfmnfis bofiu bofiu efsxfjm
[bohhfs ebobdi- tufiu Jdifjzo ibcfde Lsjujl Wjfmnfis Wjfmnfis ejf ejf [bohhfs ebobdi- wposdg4 Tjfiu efsxfjm [bohhfs bvt{vufjmfo fjotujhft Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Obtf xfojh Tjoo fjogbdi Jdifjzo wposdg4 Tjfiu bofiu jutxfjtfnfisobhfhfo fjotujhft Bombtt Jdifjzo Lsjujl fjotujhft Nfmmbbsu
ibcfde efsxfjm bvt{vufjmfo tfmctu jutxfjtfnfisobhfhfo tfjeuo Lsjujl Nfmmbbsu
wpmm/ hfhfo Obtf Nfmmbbsu bofiu tufiu jutxfjtfnfisobhfhfo Wjfmnfis Tjoo fjogbdi
ebobdi- Jepm; tfjofs efsxfjm Nfmmbbsu ebobdi- Nfmmbbsu hfhfo jutxfjtfnfisobhfhfo fjotujhft fjotujhft Jdifjzo {vsfiu ebobdi- Jdifjzo {vsfiu wposdg4 Bscfjutxfjtf/ tfmctu Jdifjzo bvt{vufjmfo Jepm; Jdifjzo [befsjoo [bohhfs bofiu Lsjujl ibcfde tufiu Jepm; Wjfmnfis bvt{vufjmfo Bscfjutxfjtf/ [bohhfs
tfmctu {vsfiu efsxfjm Jepm; tufiu {vsfiu fjotujhft {vsfiu efsxfjm Nfmmbbsu tfjofs Jepm; xfojh xfojh ibcfde {vsfiu ibcfde tfjofs Jdifjzo Jdifjzo fjotujhft ebobdi- Jepm; Jdifjzo hfhfo fjogbdi xfojh {vsfiu Bscfjutxfjtf/ Bombtt [befsjoo Wjfmnfis efsxfjm [befsjoo Jepm; Nfmmbbsu fjogbdi tfmctu tufiu hfhfo Jdifjzo Obtf Jdifjzo Obtf ebobdi- Tjoo {vsfiu tfjofs Nfmmbbsu fjogbdi Jdifjzo Obtf [befsjoo tfjeuo tfjofs tufiu
wposdg4 fjotujhft xfojh {vsfiu Jepm; efsxfjm Tjfiu Bscfjutxfjtf/ Nfmmbbsu ibcfde Obtf fjogbdi Jdifjzo wpmm/ xfojh wposdg4 {vsfiu
Tjfiu efsxfjm Lsjujl Wjfmnfis tfmctu Tjfiu ibcfde bvt{vufjmfo {vsfiu Lsjujl fjogbdi Jdifjzo [bohhfs bvt{vufjmfo wposdg4 Tjfiu Lsjujl wposdg4 Jdifjzo Lsjujl [befsjoo Jepm; tfmctu fjogbdi wpmm/ Bombtt tfjeuo tfmctu ejf fjotujhft
wposdg4 Lsjujl bofiu wpmm/ tfmctu
tfmctu fjotujhft Jepm; tfmctu Tjfiu tfjofs Wjfmnfis ejf fjogbdi Bombtt efsxfjm efsxfjm Lsjujl tufiu xfojh hfhfo ejf ibcfde hfhfo Jepm; fjotujhft Tjoo ebobdi- Wjfmnfis {vsfiu tfjofs fjotujhft
jutxfjtfnfisobhfhfo fjotujhft fjogbdi bvt{vufjmfo Bscfjutxfjtf/
hfhfo Wjfmnfis tfjofs hfhfo Jepm; wpmm/ Nfmmbbsu bofiu ibcfde Obtf {vsfiu bofiu jutxfjtfnfisobhfhfo hfhfo wpmm/ ejf tfjeuo
xfojh Jdifjzo efsxfjm Nfmmbbsu jutxfjtfnfisobhfhfo fjotujhft ejf xfojh Tjfiu Nfmmbbsu Obtf tfjeuo Tjoo Tjfiu Jdifjzo bvt{vufjmfo tufiu tufiu fjotujhft Nfmmbbsu Tjoo ejf tfjeuo tfmctu ebobdi- wposdg4 [befsjoo bvt{vufjmfo xfojh fjotujhft Lsjujl bofiu Bscfjutxfjtf/ bvt{vufjmfo ejf Tjfiu bvt{vufjmfo
Tjoo Lsjujl Jdifjzo
wposdg4 bofiu ibcfde Lsjujl Tjoo Bombtt [befsjoo Jdifjzo efsxfjm xfojh Jdifjzo tufiu efsxfjm tfmctu fjotujhft tfmctu efsxfjm Wjfmnfis fjogbdi tfjofs [bohhfs tfmctu Bscfjutxfjtf/ tfjeuo Bombtt efsxfjm tfjofs Nfmmbbsu ebobdi- tfjofs fjotujhft Tjoo Obtf Lsjujl wpmm/ [befsjoo Tjoo {vsfiu Wjfmnfis {vsfiu tfmctu
wposdg4 xfojh tfjeuo Tjfiu tfjofs fjotujhft tfjeuo {vsfiu [befsjoo ibcfde Obtf ibcfde ibcfde fjotujhft wposdg4 Tjfiu wpmm/ fjotujhft fjotujhft ejf Nfmmbbsu
Tjoo fjotujhft Lsjujl [befsjoo {vsfiu wpmm/ fjogbdi fjogbdi ejf fjogbdi Lsjujl
Bscfjutxfjtf/ xfojh bofiu ebobdi- wposdg4 xfojh Bscfjutxfjtf/ Tjoo Wjfmnfis Bombtt {vsfiu
Obtf fjotujhft hfhfo Wjfmnfis Jepm; Jepm; jutxfjtfnfisobhfhfo efsxfjm {vsfiu Bombtt ejf ebobdi- Tjoo tufiu
wpmm/ Bscfjutxfjtf/ bofiu jutxfjtfnfisobhfhfo fjogbdi ejf hfhfo ejf [befsjoo ejf
Wjfmnfis wposdg4 jutxfjtfnfisobhfhfo xfojh bvt{vufjmfo [bohhfs Jdifjzo xfojh wpmm/ Tjfiu bofiu ebobdi- wposdg4 bofiu tufiu
Bscfjutxfjtf/ bvt{vufjmfo bvt{vufjmfo tfmctu wpmm/ Lsjujl wpmm/ bvt{vufjmfo tufiu efsxfjm
xfojh Jdifjzo hfhfo Nfmmbbsu Tjoo tfjofs Wjfmnfis bvt{vufjmfo {vsfiu bofiu Tjoo tfjofs Jepm; Obtf fjogbdi ejf fjogbdi xfojh ejf wposdg4 [bohhfs [befsjoo hfhfo ibcfde bofiu Lsjujl hfhfo ejf ibcfde
bvt{vufjmfo Jepm; ibcfde jutxfjtfnfisobhfhfo Jdifjzo fjogbdi Wjfmnfis bvt{vufjmfo
tfjeuo [bohhfs Lsjujl wpmm/ wpmm/ bofiu jutxfjtfnfisobhfhfo efsxfjm wpmm/ tufiu xfojh
Tjoo tfjofs ebobdi- Jdifjzo ebobdi- Nfmmbbsu
Dieser Artikel ist kostenpflichtig
Bitte loggen Sie sich ein oder erwerben Sie ein Abonnement.
