6$$7 (.2120 - 24SaatGazetesi

Transkript

6$$7 (.2120 - 24SaatGazetesi
*HQžOHUGH
VLJDUDLžPH
RUDQ®DUWW®
Sezaryenle ilgili yeni
H\OHPSODQÕ\ROGD
6$õ/,.%DNDQÔ5HFHS
$NGDöh]OHUHNLIDGH
HWPHOL\LPNLVRQVHQHGLU
|]HOOLNOHJHQoOHUDUDVÔQGDNL
VLJDUDLoPHRUDQÔDUWPD\D
EDùODGÔ%XQD]O\RUX]
DPDXPXWVX]GHöLOL]<HQL
ELUNDPSDQ\D\DSPDN]D
PDQÔJHOPLùGHPHNWLU%HOOL 6DöOÔN%DNDQÔ
DUDODUODEXNRQXQXQVWQH 5HFHS$NGDö
\RöXQOXNOXRODUDNJLWPHPL]
JHUHNL\RUgQP]GHLNLDQD
NDPSDQ\DG|QHPLRODFDN
%XQODUGDQELULVLùLùPDQOÔNYH
KDUHNHWVL]OLN|EUWHNUDU
VLJDUDLIDGHOHULQLNXOODQGÔ
6$<)$
'(
6D÷OÕN%DNDQÕ$NGD÷6H]DU\HQ
7UNL\H
GHELUoÕOJÕQOÕNKDOLQLDOPÕúGXUXPGDg]HOKDVWDQHOHUGH
\]GH
OHUFLYDUÕQGDVH]DU\HQ
RUDQODUÕYDU%XKXVXVWD\HQLELU
H\OHPSODQÕPÕ]YDUGHGL
NAZ’DAN
SELFİ
HİKAYELERİ
$QNDUDhQLYHUVLWHVL
6L\DVDO%LOJLOHU
)DNOWHVL
8OXVODUDUDVÔ÷OLùNLOHU
%|OP
Q
ELWLUGLNWHQVRQUD
DLOHE\NOHULQLQ
DQODWWÔöÔKLND\HOHUL
NLWDSODùWÔUGÔ
=HUULQ'$õ&,
6$<)$µ'$
6$õ/,.%DNDQOÔöÔQÔQGRöXUJDQOÔN\DùÔQGDNLNDGÔQ
VDöOÔNOÔKDPLOHOLNGRöXPYHEHEHNNRQXODUÔQDRGDNODQPDVÔJHUHNWLöLQLLIDGHHGHQ$NGDöGRöXPNDUùÔWÔ
ELUSROLWLNDQÔQUQRODQGRöXPNRQWURONDYUDPÔQÔQJHoPLùWHNDOGÔöÔQÔ7UNL\H
GHGHGHYOHWLQ\ÔOODUFD
GRöXPNDUùÔWÔSROLWLNDL]OHGLöLQLEHOLUWWL6$<)$
'(
3DODQG|NHQûHKLULoL\ROFX
WDü×PDF×O×ù×QGD.'9GüUOPHOL
)÷<$7,.858ø‡<,/‡6$<, $õ867263$=$57(6÷
7(6.*HQHO%DùNDQÔ
%HQGHYL3DODQG|NHQ
²%LU|öUHQFLHöHURNXOXQD|öUHQFLVHUYLVLLOH
JLGHUVH\]GH.'9
|GHUNHQD\QÔ\ROXWRSOX
WDùÔPDUDoODUÔ\OD\DSWÔöÔQGD\]GH.'9
|GHPHNWHGLUøHKLULoL\ROFXWDùÔPDFÔOÔöÔQGDIDUNOÔ
X\JXODPDQÔQNDOGÔUÔOPDVÔ
YH.'9µQLQGùUOPHVLQLLVWL\RUX]³ùHNOLQGH
NRQXùWX6$<)$
'$
úoLüOHUL%DNDQ×(INDQ$OD)(7g
QQVL\DVLD\DNODU×
VRUXüWXUPDODUGHULQOHüWLNoHGDKDGDoRNRUWD\Do×NDFDN
FETÖ, paralarını
lobilere harcıyor
Ala, FETÖ'nün mali örgütlenmesi
KDNNÖQGD+LPPHW
DGÖDOWÖQGD
SDUDODUÖDOPÖûODUJDVEHWPLûOHU
RUDODUGDûLPGLEWQSDUDODUÖ\XUW
GÖûÖQGDORELOHUHKDUFÖ\RUODUGHGL
HOLN9L]HVHUEHVWLVL
ROPD]VDKLžELUPHVHOHGH
LOHUOHPH\HFH³L]
$%%DNDQÔ$YUXSD%LUOLöL$%%DNDQÔYH%DùP]DNHUHFLgPHUdHOLN9L]HVHUEHVWLVLROPD]VD
KLoELUPHVHOHGHLOHUOHPH\HFHöL]%LUHELUDQODùPDVÔVD\HVLQGH$YUXSD
\ÔHQE\NNUL]OHUGHQ
ELULQGHQNRUXGXNGHGL6$<)$
7(
$.3DUWL
QLQ\D\ÔPODGÔöÔJHQHOJH\OHEXWHU|U|UJW
PHQVXSODUÔQÔQSDUWLGHDVOD\HUDOPDPDVÔYHWP
KDVVDVL\HWOHNRQXQXQ]HULQHJLGLOPHVLJHUHNWLöLQL
EWQWHùNLODWODUDGX\XUGXöXQXDQÔPVDWDQ$OD
=DWHQELOL\RUVXQX]ED]ÔODUÔPLOOHWYHNLOL\GLELU
|QFHNLG|QHP2QODUÔQNLPL$PHULND
\DNDoWÔNLPLVL
WXWXNODQGÔ%XQODUSDUWLOHULHOHJHoLUPH\HoDOÔùWÔODU
SDUWLOHULQ\|QHWLPOHULQH\|QHOLNNDVHWRSHUDV\RQODUÔ
\DSWÔODU%XQODUÔQ\DSPDGÔöÔDOoDNOÔNNDOPDGÔ<DQL
PLOOHWLQLUDGHVLQHVL\DVHWLQHHYODWODUÔQDND\QDNODUÔQDYHUGLNOHUL]DUDUÔQKDGGLKHVDEÔ\RN÷QVDQLOLùNLOHULPL]HJYHQLOLùNLPL]HGLQGDULQVDQODUDGLQLPL]H
YDWDQÔPÔ]DPLOOHWLPL]H\DSPDGÔNODUÔKÔ\DQHWNDOPDGÔøLPGLGHHQID]ODGÔùDUÔGDWH]YLUDWWDEXOXQX\RUODU
dQNSDUDODUÔEXUDODUGDQJ|WUPùOHU
KLPPHW
DGÔ
DOWÔQGDSDUDODUÔDOPÔùODUJDVEHWPLùOHURUDODUGDùLPGL
EWQSDUDODUÔ\XUWGÔùÔQGDORELOHUHKDUFÔ\RUODU6L\DVL
D\DNODUÔVRUXùWXUPDODUGHULQOHùWLNoHGDKDGDoÔNDFDNWÔUGHGL6$<)$
7(
(QHUMLW«NHWLPLPL]
\®OGDQDV®OGH³L°WL"
ōsǼÞŘǻȣNJħɳÝĵōʉ
(1(5-÷WNHWLPLQLQVDQD\LOHùPH\OHGRöUXGDQ
EDöODQWÔVÔYDU3HWUROYH\DGRöDOJD]]HQJLQL
ONHOHUKDULoDGÔQÔELOPHVHQL]GHNLùLEDùÔQDHQHUML
WNHWLPLQGHQRONHQLQVDQD\LOHùPLùELUONHROXS
ROPDGÔöÔQÔDQOD\DELOLUVLQL]
øLPGLJQP]GHQWHNQRORMLDoÔVÔQGDQEDNDUVDQÔ]
oRNoRNHVNLELUWDULKH\ÔOÔQDNDGDUJLGHUVHN
HQHUMLWNHWLPLQLQQHUHGH\VHWDPDPHQVDQD\LOHùPLù
ONHOHULQWHNHOLQGHROGXöXQXJ|UU]6$<)$
'(
7«UNL\H
QLQHOHNWULN
LWKDODW®\«]GHD]DOG®
7h5.÷<(
GH\ÔOÔQ
LON\DUÔVÔQGDHOHNWULN
LWKDODWÔJHoHQ\ÔOÔQ
D\QÔG|QHPLQHJ|UH
\]GHD]DOGÔ
*HoHQ\ÔOÔQLONDOWÔ
D\ÔQGD<XQDQLVWDQ
%XOJDULVWDQ*UFLVWDQYH÷UDQ
GDQ
PLO\DUPLO\RQELQNLORYDWVDDWHOHNWULNVDWÔQDOÔQGÔ%X\ÔOÔQLON\DUÔVÔQGDV|]NRQXVXPLNWDU
\]GHD]DODUDNPLO\DUPLO\RQELQ
NLORYDWVDDWHGùW6$<)$
'(
ĶŎŘɴ˂_¶sŘYǻȤNjĨĶsNjʰ
ǻȤNjĨYs˂ɴÞ_ÌʊĨŸŘȖǵȖɴŸNj
$OPDQ\D
GD\DSÕODQELUDUDúWÕUPD\DJ|UH7UNL\HN|NHQOLJHQoOHUDUDVÕQGDEDVNÕQGLO$OPDQFDLNHQ7UNoHLNLQFL
YHoQFQHVLOOHUGHKÕ]OÕúHNLOGH|QHPND\EHGL\RU
7UNL\HN|NHQOLJHQoOHULQoRöXRNXO
GDDUNDGDùODUÔ\OD\DUÔVÔQGDQID]ODVÔ
GDNDUGHùOHUL\OHVDGHFH$OPDQFD
NRQXùX\RU
7UNoH
QLQDQDGLOJ|oPHQGLOLROD
UDNJHOHFHNWHGHYDUROPDVÔLoLQVDGH
FHDLOHGHGHöLORNXOGDGD|öUHWLOPHVL
JHUHNWLöLEHOLUWLOGL6$<'$
'(
RTÜK'ten terör SURSDJDQGDV×QDJHoLW\RN
%R³D]®Q
QF«
JHUGDQO®³®Q®Q
JL°HOHUL
$6(/6$1
DHPDQHW
+$%(5ø6$<)$
7(
57h.OLVDQVDOPDGDQL]LQVL]\D\ÔQ
\DSDQNDQDOÔNDSDWWÔWHU|USURSDJDQGDVÔ\DSDQNDQDODGDPH\\LGH
X\JXODQPDVÔQÔNDUDUODùWÔUGÔ
%XNDSVDPGD&KLQNR793OXV/LIH
6XOWDQ:HODW&PD[$ZD]D.XUGL79
.RUNX3L[9L]\RQ79)LOJKW79$UWL
79(VNLFL79&$FWLRQ795DNL79
$UDEHVN0HORGL.X]H\7UN&LQHPD[
&DQ)XO$NVL\RQ$WODV79$FLQHPD
$QLPDOER[6LQHPHJD7RVXQ79<HùLO
9DGL797KH:HVW7KH%R[797DU]
0RGD79YH6SHU+DOD\
ÔQGDGDKLO
ROGXöXNDQDONDSDWÔOGÔ6$<)$
7(
ōȣʉāħərāŗǢŗ
XÝ¿ĵÝħ
DŸNjȖǣŘ®ÞĶNjŎŸŘÞ
ŷNjĨsǣǼNjǣĂ˅_Řǣsǣ
¶sǼÞNjsOsĨĨŸŘǣsNjĶsNj
ËsƼÞŎÞʊs¶sYŎÞǵŸĶǣȖŘ
^ŸÀŘDȕĵµȕŗ
2'de
ōsÌŎsǼŗsOǼÞµȣŗµƉNJ
ˢ˂Ǽs
7h5.ú<(·1ú1$57,.
%$<$1-2.(<ú'(9$5
%8/*$5÷67$1µGDELU7UNN|\QGHGRöXSE\\HQHQE\NWXWNXVXDWODULOHKHSGRVWRODQ=OIL\H%XOXW|\NVQDQODWWÔ\ÔOMRNH\OLN\DSDQ
7UNL\HµQLQLONNDGÔQMRNH\LVRQ\ÔOGÔUDQWUHQ|UON
YHLGPDQMRNH\OLöLJ|UHYLQGHEXOXQX\RU$WDELQGLöLQGHNLKH\HFDQÔLVHLONJQNJLELWD]H6$<)$
7(
DO®°DQODU®Q
DNO®j<D]
WDWLOLkQGH
<$./$ø,.ELQNLùLWDUDIÔQGDQRQOLQHRODUDN
JHUoHNOHùWLULOHQ²<D]WDWLOLSODQODUÔ³DQNHWLQGHQoÔNDQVRQXoODUDQNHWHNDWÔODQoDOÔùDQODUÔQµLQLQ
oHùLWOLQHGHQOHUGHQGROD\Ô\ÔOOÔNL]LQNXOODQDPDGÔNODUÔRUWD\DoÔNDUÔ\RU6$<)$
'(
*D]HWHFLOHU&HPL\HWL¶QLQ\D\ÕQRUJD
\ÕQRUJ
JDQ
QÕÕ
amen renkli
Gazetesine tam
OHIRQODUÕQÕ]GDQ
WDEOHWYHFHSWH
DULo
3D]DUJQOHULK
h&5(76ø=
XODúDELOLUVLQL]
LRVKWWSVDDWLRVZHEWU
$QGURLGKWWSVDDWGURLGZHEWU
WU
6$$7.h/7h56$1$7
$õ867263$=$57(6÷
ōȣʉāħərāŗǢŗ
DŸNjȖǣŘ®ÞĶNjŎŸŘÞŷNjĨsǣǼNjǣĂ˅_Řǣsǣ¶sǼÞNjsOsĨĨŸŘǣsNjĶsNj
^ŸÀŘDȕĵµȕŗ_EȖĶ¶ȖŘ˔¶ŎÞĶʳOŸŎ
.ÕVDDGÕ%ø)2RODQ
%RUXVDQøVWDQEXO
)LODUPRQL2UNHVWUDVÕ
(NLP.DVÕPYH
$UDOÕN¶WDGQ\DFD
WDQÕQPÕúVDQDWoÕODUÕ
/WIL.ÕUGDU.RQJUH
YH6HUJL6DUD\Õ¶QGD
øVWDQEXOOX
P]LNVHYHUOHUOH
EXOXúWXUDFDN
Ź$d,/,ù,-2<&(
'ø'21$72<$3$&$.
%ø)2EXVH]RQXJQP]Q
HQVHYLOHQRSHUDVROLVWOHULQGHQ
PH]]RVRSUDQR-R\FH'L'RQDWR
LOHDoÕ\RU2SHUDVDKQHOHULQGHNL
SHUIRUPDQVODUÕLOHGQ\DQÕQ
JHOPLúJHoPLúWPE\NVROLVWOHULLOHELUOLNWHDQÕODFDNNDGDU
VWQELUG]H\GHRODQ'L'RQDWR
NRQVHUOHUL\OHGHJoOGDYHWNkU
YHJ|UNHPOLRODUDNQLWHOHQGLULOL\RU¶GD'DOODV2SHUDVÕ
WDUDIÕQGDQ0DULD&DOODVgGO¶QH
OD\ÕNJ|UOHQVDQDWoÕ7HPPX]
D\ÕQGD5R\DO2SHUD+RXVHLOH
&RYHQW*DUGHQ¶GD0DVVHQHW¶QLQ
:HUWKHU¶LQGHEDúUROGH\GL1HZ
<RUN7LPHV¶ÕQ³0NHPPHOELU
\]\ÕOGLYDVÕNDUL]PDQÕQ]HNk
YH\HWHQHNOHELUOHúLPL´RODUDN
QLWHOHQGLUGL÷L'L'RQDWREHO
FDQWR¶QXQGHYEHVWHFLOHULQLQVHoNLQ
SDUoDODUÕQGDQROXúDQELUSURJUDPOD
%ø)2¶QXQ\HQLVH]RQXQXQLON
NRQX÷XROX\RU
(NLP3HUúHPEH
VDDW
ùHI6DVFKD*RHW]HO
0H]]RVRSUDQR-R\FH'L'RQDWR
6HVOHQGLULOHFHNHVHUOHU
%HOOLQL5RVVLQLYH
'HRQL]HWWL
GHQDU\DODU
Źø'ø/%ø5(7'2ö80
*h1h1h.87/8<25
øGLO%LUHWROD÷DQVW\HWHQH÷LQL
WDoODQGÕUDQNDUL\HULHúVL]P]LNDOLWHVLYH\DúDPÕQÕQL]OHULQGHQ
\RUXPXQDNDWWÕ÷ÕHQWHOHNWHO
GHULQOLNOHNODVLNP]L÷LQHQVHoNLQ
VDQDWoÕODUÕQGDQELULROPD\DGHYDP
HGL\RU'Q\DGDSHND]NLúL\H
EDKúHGLOHQ\HWHQH÷LYHVHoNLQ
NLúLOL÷LLOH%LUHWP]LNOHLOJLOHQHQ
KHUNHVLoLQHúVL]ELULOKDPND\QD÷Õ
<HWPLúEHúLQFLGR÷XP\ÕOÕQÕGLQOH\HQOHUL\OHYH%ø)2LOHNXWOD\DFDN
RODQVDQDWoÕEXoRN|]HOJHFHGH
VRQGHUHFHoDUSÕFÕELUSURJUDPGD
GQ\DQÕQIDUNOÕ\HUOHULQGH\DúDPÕú
ROPDNODELUOLNWHKHSVL\]\ÕOÕQ
P]L÷LQH\|QYHUPLúEHVWHFLOHULQ
\DSÕWODUÕQÕVHVOHQGLUHFHN%XNRQVHUGHRUNHVWUD\Õ\|QHWHFHNRODQ
NRQXNúHI7RVKL\XNL6KLPDGD1HZ
<RUN¶WD&DUQHJLH+DOO¶GDYHUGLNOHUL
NRQVHULQDUGÕQGDQøGLO%LUHW¶OHLNLQFL
øGLO%LUHW
-R\FH'L'RQDWR
5D\&K
.DWH5R\DO
NH]øVWDQEXO¶GDELUDUD\DJHOHFHN
.RQVHU|QFHVLQGHøGLO%LUHW%LU
+DULNDdRFX÷XQ3RUWUHVLDGOÕEHOJHVHOILOPJ|VWHULPLJHUoHNOHúHFHN
ø]OH\LFLOHUELOHWOHULQLJ|VWHUPHNVXUHWL\OHILOPJ|VWHULPLQH
NDWÕODELOHFHN
.DVÕPVDDW
ùHI7RVKL\XNL6KLPDGD
3L\DQRøGLO%LUHW
6HVOHQGLULOHFHNHVHUOHU
,YHV<DQÕWODQPDPÕú6RUX
+LQGHPLWK3L\DQRYH2UNHVWUDLoLQ
.RQoHUWR
7]Q(VLQWLOHU
5DKPDQLQRY3DJDQLQL¶QLQ%LU
7HPDVÕh]HULQHdHúLWOHPHOHU2S
Ź=8ø//%$ø/(<
.$7(52<$/
6ROLVWOLNVDQDW\|QHWPHQOL÷L
YHH÷LWPHQOL÷LELUDUDGDEDúDUÕ\OD
\UWHQoHOOLVW=XLOO%DLOH\EX
NRQVHUGHDGÕLOHHQoRNDQÕODQ
\DSÕWODUGDQELULQL+HPLQJZD\
+LNk\HOHUL¶QLVHVOHQGLUHFHN
%HVWHOHUL\OHoD÷GDúUHSHUWXYDUGDNL
\HULQLKHUJHoHQJQELUD]GDKD
|]HONÕODQ0LFKDHO'DXJKHUW\¶QLQ
EXP]L÷LPRGHUQL]PLQJHoWL÷LPL]
\]\ÕOGDYHJQP]GHNL
NDUúÕOÕ÷ÕQÕNHúIHWPH\LoRNVHYHQ
%DLOH\¶HúSKHVL]oRN\DNÕúÕ\RU
.RQVHULQGL÷HU\ÕOGÕ]ÕGD*XVWDY0DKOHU¶LQP]L÷HDUPD÷DQ
HWWL÷LYHGHULQIHOVHILER\XWXKHU
GLQOH\LúWH\HQLGHQDQODPND]DQDQ
6HQIRQL¶VLQLQVRQE|OPQGH
VDKQHGHRODFDNVRSUDQR.DWH
5R\DO0R]DUW¶WDQ%ULWWHQ¶DX]DQDQ
UHSHUWXYDUÕQÕ3DULV/RQGUDYH1HZ
<RUNEDúWDROPDN]HUHGQ\DQÕQ
HQE\NP]LNPHUNH]OHULQGH
VHVOHQGLUHQ5R\DORSHUDVDKQ-
7'.*]HO7UNoH%XOPDFDVÕ
6ROGDQVD÷D
*L]OLELU\|QNDOPDNVÕ]ÕQNROD\DQODúÕOÕUELUELoLPGH6DWÕQ
DOGÕ÷ÕPDOYH\DKL]PHWLoLQ|GHGL÷LSDUDNDUúÕOÕ÷ÕQGDPúWHUL\H
\D]DUNDVDGDQoÕNDUÕODUDNYHULOHQNoNNk÷ÕWEHOJH%LUNRQXWXQELUPONQYH\DWDúÕWJLELKHUKDQJLELUúH\LQEHOOLELUEHGHO
NDUúÕOÕ÷ÕQGDELUVUHLoLQVDKLELWDUDIÕQGDQEDúNDVÕQDYHULOPHVL
LFDU%LO\HOLWHNHUOHNOHUYHNoNELUVDQGÕNWDQROXúDQEDVLW
WDúÕPDDUDFÕ0DGGHHú\DV|]ROD\LúGXUXPYEQLQ\HULQH
NXOODQÕODQEHOLUVL]DQODPGDELUV|]%LUX\DUÕ\ÕELUWHKOLNH\LELOGLUPHNLoLQYHULOHQLúDUHW<RNWXUEXOXQPD]QHDUDU
DQODPÕQGDNXOODQÕODQELUV|]*|GHQ$G$QVOHLOJLOL
'HYH\Lo|NWUPHNLoLQoÕNDUÕODQVHV8\XP*HQHOOLNOHHVNL
1DOODPDNLúLgQHPOLELUROD\ÕQYH\DE\NELUNLúLQLQJHOHFHN
NXúDNODUFDWDULKER\XQFDDQÕOPDVÕLoLQ\DSÕODQJ|]HoDUSDFDN
E\NONWHVHPEROQLWHOL÷LQGH\DSÕDELGH%LUúH\LQHNVL÷LQL
WDPDPODPDNLoLQRQDNDWÕODQSDUoDdRFX÷XRODQNDGÕQDQQH
%HULO\XPHOHPHQWLQLQVLPJHVL(NOHPURPDWL]PDVÕ.XO
N|OHHVNL*|oHEHOHULQNRQDN\HUL%LUNRQXYH\DQHVQHQLQ
EDúOÕFD|]HOOLNOHULQL\DQVÕWDFDNELoLPGHKD]ÕUODQPÕúWDVOD÷Õ
(YFLOKD\YDQODUWRSOXOX÷X%\NVÕNÕQWÕH]L\HWH]LQo
.RUNXWPDNYH\DGLNNDWLNHQGL]HULQHoHNPHNLoLQV|\OHQHQELU
V|]%R\XQH÷HQNHQGLQLEDúNDVÕQÕQEX\UX÷XQDEÕUDNDQ
HVNL(UPHLúL2UWD\XYDUODN.DVWDPRQXLOLQHED÷OÕ
LOoHOHUGHQELULøNLJ|]GHJ|UPHER]XNOX÷X7XO\XPHOHPHQWLQLQ
VLPJHVL%LUWUNk÷ÕWR\XQX'RJPDWLN0DQJDQH]
HOHPHQWLQLQVLPJHVL'R÷X$QDGROX¶GDWRSOXRODUDNR\QDQDQ
ELUKDONR\XQX<HQJHDPFDYH\DGD\ÕNDUÕVÕKDOND÷]Õ
%LULQLGúQHPH]GXUXPDJHWLUPHNoRN\RUPDNID]ODJD]YHUHUHNRWRPRELOLoDOÕúDPD]GXUXPDJHWLUPHNDQODPODUÕQGDNL
HWPHNYHoRN\RUXOXSLúJ|UHPH]GúQHPH]GXUXPDJHOPHN
DQODPÕQGDNLROPDNELUOHúLNILLOOHULQGHJHoHQELUV|]øON
oHNLPLQVRQJ|UQWOHULQLQ\DYDú\DYDúVLOLNOHúWLULOPHVLLNLQFL
oHNLPLQLONJ|UQWOHULQLQJLWWLNoHJoOHQGLULOPHVLQGHQVRQUDEHOOL
ELUQRNWDGDLNLoHNLPLQJ|UQWOHULQLQVWVWHJHOPHVLYHHQVRQXQGDLNLQFLoHNLPLQJ|UQWOHULQLQEHOLUJLQOHúPHVLWHNQL÷L
6|\OH\HQHVNL.RUQD%LUúH\LQELUGHQELUHKDWÕUODQGÕ÷ÕQÕYH\D
NDYUDQGÕ÷ÕQÕDQODWDQELUV|]
<XNDUÕGDQDúD÷Õ\D
øúLQVRQXFXQXVDEÕUODEHNOHPHNGR÷DOJHOLúPH\LEHNOHPHN
'HUYLúOHULQoLOHGROGXUGXNODUÕ\HUHVNL$UDQPDNLúL
8]DN7DQÕWÕP%L]PXWHOHPHQWLQLQVLPJHVL.DUWDOJLOOHUGHQJHQHOOLNOHNÕ]ÕOVL\DKW\OoRNJoO\XYDVÕQÕ\NVHNND\DOÕNODU]HULQGHNXUDQLUL\ÕUWÕFÕELUWUNXúøNLøNL
YH\DGDKDoRNNRODD\UÕODQGH÷QHN<D]ÕúPD%LUoRNNDOÕQ
GLUHN\DQ\DQDED÷ODQDUDN\DSÕODQG]YHNRUNXOXNVX]GHQL]
YH\DÕUPDNWDúÕWÕ%LQPH\NoHNPHWDúÕPDYEKL]PHWOHUGH
NXOODQÕODQWHNWÕUQDNOÕKD\YDQ<DYUXODUÕQÕHP]LUPHNLoLQ
PHPHOLOHULQJ|÷VQGHWUOELoLPYHVD\ÕGDEXOXQDQPHPHEDúÕ
GHQLOHQoÕNÕQWÕODUÕRODQRUJDQELFLNHPFHNHPFLN$\QÕWUGHQ
FDQOÕODUÕoR÷DOWPDN6HYLQoEH÷HQPHKD\UDQOÕNUDKDWODPD
YEGX\JXODUÕEHOLUWHQELUV|]6RG\XPHOHPHQWLQLQVLPJHVL
$÷ÕUODPDHVNL%LUPRWRUGDEL\HOOHULQGR÷UXVDOKDUHNHWLQL
GDLUHVHOKDUHNHWHoHYLUHQGLQJLO*HPL\LEDúWDQYH\DNÕoWDQKDODWODNDUD\DED÷ODPD<QQG|YOPHVL\OH\DSÕODQNDOÕQYHNDED
NXPDúKDOND÷]ÕQGD0DVDOODUGDDGÕJHoHQYHJHUoHNWHYDU
ROPD\DQE\NELUNXúøOLQHN2OJXQODúPDN]HUHRODQWDKÕO
KDOND÷]Õ%LURUJDQ\DSÕYH\DEWQQGR÷DOYH\D\DSD\
RODUDNVÕQÕUODQPÕúKHUELUE|OP$\QÕDNVDQÕYHUHQQO\
RQGDQVRQUDYH\D|QFHJHOHQQV]GLNNDWHDOPDGDQKHUGL]HQLQ
VRQXQGDWHNUDUODPDELoLPLQGH\DSÕODQX\DN7DQUÕWDQÕPD]
%LUNXUXú*DPGL]LVLQGH³VL´LOH³UH´DUDVÕQGDNLVHV<D]Õ
\D]PDHVNLø\LPVHUHVNL1HLúLYDU"dREDQN|SHNOHULQLQER\QXQDWDNÕODQGLNHQOLGHPLUKDONDWDVPDKDOND÷]Õ
.DOHGXYDUÕ.ÕYÕOFÕPHVNL.|WNDGHUø\HOLNHNOHULQGHQELULQLDOPÕúWDPODPD
7UN'LO.XUXPXWDUDIÕQGDQKD]ÕUODQPÕúWÕUKWWSWGN
RUJWUEXOPDFD#WGNRUJWU
ÇÖZÜMÜ SAYFA 12’DE
[email protected]
HOHULNDGDUNRQVHUVDORQODUÕQÕQGD
VHoNLQVROLVWOHULQGHQELUL
$UDOÕN3HUúHPEH
VDDW
ùHI*UHU$\NDO9L\RORQVHO=XLOO
%DLOH\6RSUDQR.DWH5R\DO
6HVOHQGLULOHFHNHVHUOHU
'DXJKHUW\+HPLQJZD\+LNk\HOHULYL\RORQVHOYHRUNHVWUDLoLQ
0DKOHU6HQIRQL6RO0DM|U
Ź5$<&+(1
$5$/,.¶7$ø67$1%8/¶$
*(/ø<25
4XHHQ(OLVDEHWKYH<HKXGL
0HQXKLQ\DUÕúPDODUÕQÕQELULQFLVL
5D\&KHQ0D[LP9HQJHURY¶XQ
V|]OHULLOH³VWQNDOLWHGH\DúDP
GROXYHDNÕFÕNHOLPHQLQWDP
DQODPÕ\ODVWQELUP]LN\RUXPFXVX´&KHQVRQ\ÕOODUGDNRQVHUOHULYHND\ÕWODUÕ\ODKDNNÕQGDoÕNDQ
KDEHUOHUGHNLRUWDNJ|UúHJ|UHELU
³NHPDQVLKLUED]Õ´RODUDNDQÕOÕ\RU
¶WH0R]DUW¶ÕQWPNHPDQ
NRQoHUWRODUÕQÕND\GHWWL÷LoQF
DOEPLOHE\NEH÷HQLWRSOD\DQ
VDQDWoÕ%ø)2LOHELUOLNWH0R]DUW¶ÕQ
HQVHYLOHQNHPDQNRQoHUWRODUÕQGDQ
ELULRODQ³6WUD]EXUJ´XGD\DQÕQD
DODUDNGLQOH\HQOHULQL9L\DQD
VRNDNODUÕQGDELUJH]LQWL\HGDYHW
HGL\RU
$UDOÕN6DOÕVDDW
ùHI6DVFKD*RHW]HO.HPDQ
5D\&KHQ
6HVOHQGLULOHFHNHVHUOHU
0R]DUW/2\XQFDN6HQIRQLVL
0R]DUW.HPDQ.RQoHUWRVX6RO
0DM|U.³6WUD]EXUJ´
5DYHOdLJDQNHPDQYHRUNHVWUD
LoLQUDSVRGL+D\GQ2UIHXVYH(YULGLNH8YHUWU0R]DUW6HQIRQL
'R0DM|U.³-SLWHU´
DUWLVLQHPHQVXSGH÷LOLP
$VOÕQGDPHYFXWSDUWLOHUGHQKLoELULQLQ
PHQVXEXGH÷LOLP
$PDVL\DVLSDUWLOHULQLoHULVLQGHVHYLSWDNGLU
HWWL÷LPLQVDQODUYDU
%XQODUGDQELULVL.HPDO.ÕOÕoGDUR÷OX¶GXU
2¶QXQGUVWO÷QVHYHULP&DQD
\DNÕQOÕ÷ÕQÕVHYHULP$OoDNJ|QOO÷QVHYHULP
+HVDSVÕ]OÕ÷ÕQÕVHYHULPdÕNDUVÕ]OÕ÷ÕQÕVHYHULP
6HYHULPGHVHYHULP
.DUV¶WDQNDUD\ROX\OD$UWYLQ¶HJHoHUNHQ
3..¶QÕQVDOGÕUÕVÕQDX÷UDGÕ
$QDPXKDOHIHWOLGHULQH\DSÕODQVXLNDVW
WHúHEEVNHQGLVLQLWDNLSHGHQJYHQOLN
JoOHULPL]LQX\DQÕNOÕ÷ÕVD\HVLQGHDNDPHWH
X÷UDWÕOGÕ
7HU|ULVWSDQL÷HNDSÕOPD\ÕSHOLQGHNLURNHWDWDUÕ
DWHúOHPHIÕUVDWÕQÕEXODELOVH\GLEHONL.ÕOÕoGDUR÷OX
EXJQDUDPÕ]GDROPD\DFDNWÕ
P
6$$7*h1&(/
$õ867263$=$57(6÷
XÝ¿ĵÝħ
ËsƼÞŎÞʊs¶sYŎÞǵŸĶǣȖŘ
ōsÌŎsǼŗsOǼÞµȣŗµƉNJŎŘsOǼÞ¶ȖضŸNj˔¶ŎÞĶʳOŸŎ
2¶QX$OODKNRUXGX
+HSLPL]HE\NJHoPLúROVXQ
0LOOHWoHE\NELUNDRVXQNHQDUÕQGDQJHoWLN
%XDUDGD|]OHQHQVDKQHOHUGH\DúDQGÕ
&XPKXUEDúNDQÕQÕQ2¶QXLONDUD\DQODUGDQ
ROPDVÕJHoPLúROVXQGLOH÷LQGHEXOXQPDVÕ
øoLúOHUL%DNDQÕ¶QÕQSROLVKHOLNRSWHULQLHPULQH
WDKVLVHWPHVL
'DKDGD|QHPOLVLNRUXPDVD\ÕVÕQÕQGDKD
|QFHGHQ&XPKXUEDúNDQÕQÕQYH%DúEDNDQÕQ
HPUL\OHLNLNDWÕQDoÕNDUÕOPÕúROPDVÕ«
%XQODUJ]HOKDUHNHWOHU
øoLPL]LD\GÕQODWDQLOHULVLLoLQXPXWYHUHQ
\DNÕQODúPDODU
+HSE|\OHROVXQLVWL\RUX]
.ÕOÕoGDUR÷XEXNDKSHFHVDOGÕUÕQÕQDUGÕQGDQ
\ROXQDGHYDPHWWL
3URJUDPÕQÕKDU¿\\HQX\JXODGÕ
7HU|UHWHVOLPROPD\DFD÷ÕQÕFHVDUHWL\OHRUWD\D
NR\GX
³%LUFDQÕPYDURGDYDWDQDNXUEDQROVXQ´
GHGL
<DSDFD÷ÕLON]L\DUHWLQNHQGLVLQLNRUXPDNOD
J|UHYOHQGLULOHQWLPLoHULVLQGHúHKLWGúHQHULPL]LQ
DLOHVLQHRODFD÷ÕQÕDoÕNODGÕ
.HQGLVLQL(U]XUXPKDYDOLPDQÕQGDRúHKULQ
LNWLGDUSDUWLVLQHPHQVXS%\NúHKLU%HOHGL\H
EDúNDQÕNDUúÕODGÕNHQGLVLQHELUGH2OWXWDúÕWHVSLK
DUPD÷DQHWWL
+DYDDODQÕQGD|QFHYDOL\DUGÕPFÕVÕNDUúÕODPÕúWÕ
VRQUDYDOLGHEXOXQGX÷X\HUHJHOGL
1HGHQNHQGLVLNDUúÕODPDGÕGD\DUGÕPFÕVÕQÕ
J|QGHUGLRQXDQOD\DPDGÕN
%XWUVXLNDVWWHúHEEVOHULEXQGDQE|\OHGH
RODELOHFHNWLU
.ÕOÕoGDUROX¶QDGD%DKoHOL¶\HGHGLNNDW
&XPKXUEDúNDQÕLOH%DúEDNDQ]DWHQ|QFHOLNOL
KHGHÀHUL
$OODKKHSVLQLNRUXVXQ
$OD)(7gúLPGLEWQSDUDODUÕ
\XUWGÕúÕQGDORELOHUHKDUFÕ\RU
ùoLûOHUL%DNDQÖ$OD)(7g
QQPDOL|UJWOHQPHVLKDNNÖQGD+LPPHW
DGÖDOWÖQGDSDUDODUÖ
DOPÖûODUJDVEHWPLûOHURUDODUGDûLPGLEWQSDUDODUÖ\XUWGÖûÖQGDORELOHUHKDUFÖ\RUODUGHGL
dHOLN9L]H
VHUEHVWLVLROPD]VD
KLoELUPHVHOHGH
LOHUOHPH\HFHùL]
&(1(95($$$YUXSD%LUOLöL$%%DNDQÔ
YH%DùP]DNHUHFLgPHUdHOLN÷VYLoUH
QLQ65)
WHOHYL]\RQNDQDOÔQÔQ5XQGVFKDXDGOÔSURJUDPD
YHUGLöLU|SRUWDMGD$%ONHOHULQLQ7UNL\H
\HYHUGLNOHULV|]OHULWXWPDGÔöÔQÔEHOLUWWL
$%ONHOHULQLQYDGHWWLNOHUL6XUL\HOLOHULQ\]GH
LQLDOGÔNODUÔQÔ7UNL\HµQLQLODPLO\RQDUDVÔQGD
VÔöÔQPDFÔEDUÔQGÔUGÔöÔQÔKDWÔUODWDQ%DNDQdHOLN
$YUXSDONHOHULQLQNLùLQLQDOÔQPDVÔLoLQ
R\ODPD\DJLWPHNWHQEDKVHWWLNOHULQLND\GHWWL
%DNDQdHOLNV|]OHULQHù|\OHGHYDPHWWL
1HPOWHFLOHULQNDEXOHGLOPHVLQHGH
7UNL\H
\HPDGGLGHVWHNYHULOPHVLNRQXVXQGDNL
V|]OHUWXWXOGXGROD\ÔVÔ\OD*HUL.DEXO$QODùPDVÔ
QÔ
\UUOöHNR\PD\DFDöÔ]9L]HVHUEHVWLVLROPD]VDKLoELUPHVHOHGHLOHUOHPH\HFHöL]%LUHELUDQODùPDVÔVD\HVLQGH$YUXSD
\ÔHQE\NNUL]OHUGHQ
ELULQGHQNRUXGXN%XQXLQVDQLQHGHQOHUGHQGROD\Ô
\DSÔ\RUX]7UNL\H
\HWHùHNNUHWPHN\HULQH7UNL\HDGHWDVDQÔNVDQGDO\HVLQHRWXUWXOX\RU%XQX
DVODNDEXOHWPL\RUX]
0÷//(7÷0÷=÷11$6,/%÷5÷1&÷6,1,)
'(02.5$6÷%÷/÷1&÷1(6$+÷3
2/'8õ818*g5'h.
'Q\DGD\DùDQDQNUL]OHUHLùDUHWHGHQdHOLN
²0OWHFLNUL]LYDU'Q\DGDE|OJHVHOJYHQOLöL
UHIDKÔYHLVWLNUDUÔWHKGLWHGHQoRNFLGGLELUNUL]YDU
$YUXSD
GDHNRQRPLNNUL]KDNLP$UDS%DKDUÔ
QÔQ
ROGXöXONHOHUGHFLGGLGHPRNUDVLNUL]OHULYDU%X
ùDUWODUDOWÔQGD7UNL\HYH$%DUDVÔQGDNLLOLùNLOHULQ
oRNGDKD\DNÔQYH\RöXQROPDVÔJHUHNLU0DDOHVHI$YUXSD
GDDùÔUÔVDöÔQHWNLVL\OH7UNL\HNDUùÔWÔ
NDPSDQ\DLOHUOL\RU³GHöHUOHQGLUPHVLQGHEXOXQGX
$%\HOLöLUHIHUDQGXPX|QFHVLNDPSDQ\DVÔQGDHVNL÷QJLOWHUH%DùEDNDQÔ'DYLG&DPHURQ
XQ
7UNL\H
QLQELQ\ÔOGDKD$%
\H\HROPD\DFDöÔQÔ
V|\OHGLöLQHLùDUHWHGHQdHOLN%XEDNÔPGDQ
P]DNHUHOHUREMHNWLINULWHUOHUHJ|UH\DSÔOPÔ\RU
%XUDGD7UNL\HµQLQYH\DEDùNDELUONHQLQHOHùWLULOHPH\HFHöLQLLIDGHHWPHNLVWHPL\RUXP7UNL\H
JHoPLùLER\XQFDELU$YUXSDONHVLYH$YUXSD
GHPRNUDVLVLROPXùWXU(QVRQGDUEHJLULùLPL
VÔUDVÔQGDGDPLOOHWLPL]LQQDVÔOELULQFLVÔQÔIGHPRNUDVLELOLQFLQHVDKLSROGXöXQXJ|UGNLIDGHOHULQL
NXOODQGÔ
d2.6$<,'$+$.÷09(6$9&,1,1
)(7gh<(6÷2/'8õ8$d,.7,5
%DNDQdHOLNGDUEHJLULùLPLQGHQVRQUD)HWXOODKoÔ7HU|UgUJW)(7g\HOHULQLQWHPL]OHQPHVLQHLOLùNLQVRUX]HULQH%DNÔQ7UNRUGXVXQGDNL
JHQHUDOOHULQ
WH
LWDQNODUYHVDYDùXoDNODUÔ
LOHELUGDUEHJLULùLPLQHNDWÔOGÔ6LYLOOHUDUDVÔQGD
KD\DWÔQÔND\EHGHQOHUYDU%XNDGDUWHKOLNHOLdRN
VD\ÔGDKDNLPYHVDYFÔQÔQ)(7g
QQ\HVLROGXöX
DoÔNWÔU7XWXNODQDQVDYFÔODUÔQYHKDNLPOHULQLIDGHOHULL\LWDNLSHGLOGLöLQGHDVOÔQGDQHNDGDUWHKOLNHOL
YHJHQLùELU|UJWROGXöXRUWD\DoÔNÔ\RUGHGL
586<$÷/(+(5=$0$1g=(/÷/÷ø.÷
/(5÷0÷=2/08ø785
5XV\DLOH7UNL\HDUDVÔQGDNLLOLùNLOHUNRQXVXQGDGDDoÔNODPD\DSDQdHOLN7DULKER\XQFD
5XV\DLOHLOLùNLOHULPL]LQLùOLoÔNÔùOÔROPXùWXU÷KWLODIODUDUDöPHQLùELUOLöLPL]LGHYDPHWWLUGLNgUQHöLQ
HNRQRPLWXUL]PYHHQHUMLVHNW|UQGH5XV\DLOH
KHU]DPDQ|]HOLOLùNLOHULPL]ROPXùWXU$\UÔFDGDUEHJLULùLPLVRQUDVÔQGDLONDUD\DQODUGDQELUL6D\ÔQ
3XWLQµGLU.HQGLVLQHoRNWHùHNNUHGL\RUXP$%LOH
WDP\HOLNP]DNHUHOHULVUGUHQ$%'
QLQPWWHILNLRODQ5XV\DLOH\DNÔQLOLùNLOHULYH2UWDGRöX
GD
EDöODQWÔODUÔRODQ$IULND
GDNLLOLùNLOHULQLJHQLùOHWHQ
/DWLQ$PHULNDDoÔOÔPÔ\DSDQELU7UNL\HGQ\D
LoLQGDKDL\LGLUGHGL
$1.$5$$$÷oLùOHUL%DNDQÔ(INDQ
$OD$$PXKDELULQLQJQGHPHLOLùNLQ
VRUXODUÔQÔ\DQÔWODGÔ
)(7g
\H\|QHOLNVRUXùWXUPDODUGDùXDQDNDGDUEX|UJW\HOHULQLQ
DöÔUOÔNOÔRODUDN76.HPQL\HWWHùNLODWÔYH
\DUJÔ\DVÔ]GÔöÔRUWD\DoÔNDUNHQVL\DVHW
NXUXPXQGDGD)(7g
FROXSROPDGÔöÔ
PHUDNHGLOL\RU%XVRUXùWXUPDODUVL\DVL
NXUXPODUD\|QHOLNGHJHQLùOHWLOHFHN
PLVRUXVX]HULQH$OD7DELNLEXQODU
GHULQOHùWLNoHVL\DVLD\DNODUÔGDRUWD\D
oÔNÔ\RULIDGHVLQLNXOODQGÔ
$.3DUWL
QLQ\D\ÔPODGÔöÔJHQHOJH\OH
EXWHU|U|UJWPHQVXSODUÔQÔQSDUWLGH
DVOD\HUDOPDPDVÔYHWPKDVVDVL\HWOH
NRQXQXQ]HULQHJLGLOPHVLJHUHNWLöLQL
EWQWHùNLODWODUDGX\XUGXöXQXDQÔPVDWDQ$ODù|\OHGHYDPHWWL
=DWHQELOL\RUVXQX]ED]ÔODUÔPLOOHWYHNLOL\GLELU|QFHNLG|QHP2QODUÔQ
NLPL$PHULND
\DNDoWÔNLPLVLWXWXNODQGÔ
%XQODUSDUWLOHULHOHJHoLUPH\HoDOÔùWÔODU
SDUWLOHULQ\|QHWLPOHULQH\|QHOLNNDVHW
RSHUDV\RQODUÔ\DSWÔODU%XQODUÔQ\DSPDGÔöÔDOoDNOÔNNDOPDGÔ<DQLPLOOHWLQLUDGHVLQHVL\DVHWLQHHYODWODUÔQDND\QDNODUÔQDYHUGLNOHUL]DUDUÔQKDGGLKHVDEÔ\RN
÷QVDQLOLùNLOHULPL]HJYHQLOLùNLPL]H
GLQGDULQVDQODUDGLQLPL]HYDWDQÔPÔ]D
PLOOHWLPL]H\DSPDGÔNODUÔKÔ\DQHWNDOPDGÔøLPGLGHHQID]ODGÔùDUÔGDWH]YLUDWWD
EXOXQX\RUODUdQNSDUDODUÔEXUDODUGDQJ|WUPùOHU
KLPPHW
DGÔDOWÔQGD
SDUDODUÔDOPÔùODUJDVEHWPLùOHURUDODUGD
ùLPGLEWQSDUDODUÔ\XUWGÔùÔQGDORELOHUH
KDUFÔ\RUODU6L\DVLD\DNODUÔVRUXùWXUPDODUGHULQOHùWLNoHGDKDGDoÔNDFDNWÔU
%DNDQ$OD)(7g
QQVLYLOD\DöÔQÔQ
QDVÔO\DSÔODQGÔöÔQD\|QHOLNùXELOJLOHUL
SD\ODùWÔ
%|\OHDFÔPDVÔ]GHYOHWJFQ
NHQGLoÔNDUODUÔLoLQNXOODQDQELU\DSÔGDQEDKVHGL\RUX]%XVRUXùWXUPDODU
VRQXFXQGDRUWD\DoÔNDQODUYDU÷NLQFLVL
NHQGLEDQNDODUÔQDSDUD\DWÔUWDQODUOHJDO
57™.
WHQOLVDQVV®]
\D\®QDYHWHU¦U
SURSDJDQGDV®QD
JHžLW\RN
J|UQPDOWÔQGDLOOHJDOIDDOL\HWOHUGHEXOXQDQODUYDUdRNVD\ÔGDEXQODU.HQGL
|]HOKDEHUOHùPHVLVWHPLQLNXOODQDQODU
YHRUDGDQLOOHJDOIDDOL\HWOHULQL\D\DQODU
YHQDVÔO\DSDFDNODUÔQÔV|\OH\HQOHUYDU
g=(/(.÷3/(5
*g5(9/(1'÷5'÷.
$QNDUD$NÔQFÔhVV\DNÔQODUÔQGD
7HPPX]
GDMDQGDUPDHNLSOHULQFH
J|]DOWÔQDDOÔQGÔNWDQVRQUDVHYNHGLOGLöL
$QNDUD%DWÔ6XOK&H]D+DNLPOLöLQFH
VHUEHVWEÔUDNÔODQYH|UJWQ+DYDNXYYHWOHULLPDPÔROGXöXEHOLUWLOHQ6DNDU\D
hQLYHUVLWHVL÷ODKL\DW)DNOWHVLgöUHWLP
h\HVL$GLOgNV]
Q\DNDODQPDVÔoDOÔùPDODUÔQÔQQHDùDPDGDROGXöXQD\|QHOLNVRUX]HULQHGH%DNDQ$OD+HP
MDQGDUPDGDKHPHPQL\HWWHHNLSOHUROXùWXUGXN%XHNLSOHUWDNLSHGL\RUODUKHQ]
\DNDODQPDGÔ\DQÔWÔQÔYHUGL
$OD<XUWGÔùÔQGDPÔVRUXVXQD
NDUùÔOÔN<RNEL]GHKHQ]RQDGDLUELU
ELOJL\RN$UÔ\RUX]dQNLOHWLùLPDUDoODUÔQÔNXOODQPÔ\RUDUWÔN6DGHFHLùLEX
RODQ|]HOHNLSOHUJ|UHYOHQGLUGLNLQùDOODK
QHWLFHDOÔQÔULIDGHVLQLNXOODQGÔ
%DNDQ$ODVÔQÔUJYHQOLöLQLQVDöODQPDVÔYHNDoDNoÔOÔNODPFDGHOHHGLOPHVL
NDSVDPÔQGD|]HOVÔQÔUJYHQOLöLELUOLNOHULQLQNXUXOPDVÔ\|QQGHNLoDOÔùPDODUOD
LOJLOLVRUX\DùX\DQÔWÔYHUGL
%L]LPGDKD|QFHKD]ÔUODGÔöÔPÔ]
(QWHJUH6ÔQÔU<|QHWLPL.DQXQXYDU
%XVLYLOELULUDGH\LVLYLOELUVÔQÔUJHQHO
PGUOöQ|QJ|U\RUhONHVÔQÔUODUÔQÔQ|]HOELUELULPWDUDIÔQGDQNRRUGLQH
HGLOPHVLJYHQOLöLQLQGHEXVLYLORWRULWH
YHEXUDGDLVWLKGDPHGLOHFHNEXUD\D
EDöOÔ|]HOJYHQOLNELULPOHULQFHVDöODQPDVÔQÔ|QJ|U\RU%X$YUXSD%LUOLöLLOH
LOJLOLELUKXVXVD\QÔ]DPDQGD7DELLoRN
|QHPOLELU\DWÔUÔPÔJHUHNWLUL\RU|QHPOL
ELUG]HQOHPH7UNL\H
QLQEWQVÔQÔUODUÔQÔQVLYLOELURUJDQL]DV\RQWDUDIÔQGDQ
HOHDOÔQPDVÔGHYLUDOÔQPDVÔYHEXQODUÔQ
JHUHöLQLQ\DSÔOPDVÔDOW\DSÔVÔQÔQ\DSÔOPDVÔX]XQG|QHPDODFDNLùgQHPOL
ELUKXVXVWXUDPDELUD]]DPDQDODFDNWÔU
<DVDWDVDUÔVÔKD]ÔUDPDKNPHWGHöHUOHQGLUL\RU0HFOLV
HQH]DPDQJ|QGHULOHFHöLKNPHWLQWDNGLULQGH
6XUL\HYH,UDNVÔQÔUÔQÔQJYHQOLöLQLQ
7UNL\HLoLQoRN|QHPOLROGXöXQXYXUJXOD\DQ$ODNDUùÔWDUDIWDWHU|UQROGXöXQXEHOLUWHUHNVÔQÔUNDSÔODUÔQÔQGÔùÔQGD
NHVLQOLNOHJHoLùLQROPD\DFDöÔQÔELOGLUGL
^NjEs¶ÞNjÞǵÞŎÞEǵNjĂǣĂʊŸĶ_Ȗʰ
ƻħħĨŘĶĂǣĶ_ĂNjĂĶNjĂŘĂNjǼĂNj_Ă
'÷<$5%$.,5$$)HWXOODKoÔ7HU|U
gUJW)(7gLOHLùELUOLöLGHùLIUHHGLOHQ
E|OFWHU|U|UJW3..)(7g
QQ
7HPPX]
GDNLKDLQGDUEHJLULùLPLQLQ
YDWDQGDùODUÔQE\NGHVWHöL\OHHQJHOOHQPHVLQLQDUGÔQGDQJYHQOLNJoOHULQHYH
VLYLOOHUH\|QHOLNNDQOÔVDOGÔUÔODUÔQÔGDKDGD
DUWÔUGÔ
3..
OÔWHU|ULVWOHULQ7HPPX]
GDQ
VRQUDEDùWD'RöXYH*QH\GRöX$QDGROXE|OJHOHULROPDN]HUHJHUoHNOHùWLUGLöL
VDOGÔUÔODUGDDUDODUÔQGDNDGÔQYHoRFXNODUÔ
GDEXOXQGXöXNLùL\DùDPÔQÔ\LWLUGL
JYHQOLNJ|UHYOLVLSROLVDVNHU
YHJHoLFLN|\NRUXFXVXùHKLWGùW
VLYLOSROLVDVNHUYHNRUXFX
\DUDODQGÔ
(OLNDQOÔ|UJW3..
QÔQKDLQVDOGÔUÔODUÔQGD\DUDODQDQODUÔQELUNÔVPÔKDOHQoHùLWOL
KDVWDQHOHUGH\DùDPVDYDùÔYHULUNHQELU
NÔVPÔGDoHùLWOLX]XYODUÔQÔND\EHGHUHN
|PUER\XHQJHOOLRODUDNKD\DWÔQÔVUGUPH\HoDOÔùDFDN
7HU|U|UJW3..
QÔQVRQ]DPDQODUGDWRQODUFDERPED\NODUDoODUODYH
VLODKOÔVDOGÔUÔODUODoRFXN\DùOÔYHNDGÔQ
GHPHGHQVLYLOOHUHYHJYHQOLNJoOHULQH
\|QHOLNVDOGÔUÔODUÔQÔDUWÔUPDVÔE|OJHKDONÔ
WDUDIÔQGDQODQHWOHQL\RU
'L\DUEDNÔU
ÔQ6XULOoHVLQGH
$öXVWRV
WDWHU|ULVWOHUFHJHUoHNOHùWLULOHQ
VDOGÔUÔGDDUDODUÔQGDoRFXöXQGDEXOXQGXöXD\QÔDLOHGHQNLùLQLQ\DùDPÔQÔ
\LWLUPHVL\UHNOHULGDöODUNHQ)(7g
QQ
GDUEHJLULùLPLQGHQVRQUDE|OJHGHJYHQOLNJoOHULYHVLYLOOHUH\|QHOLNVDOGÔUÔODUÔQÔ
DUWÔUDQWHU|U|UJW3..
\DWHSNLOHUGHoÔö
JLELE\\RU
3..
QÔQ7HPPX]
GDQVRQUDNL
KDLQVDOGÔUÔODUÔ
7HU|U|UJW3..
QÔQ7HPPX]
GDQ
VRQUDJHUoHNOHùWLUGLöLVDOGÔUÔODUGDQED]ÔODUÔ
7HPPX]
GD0DUGLQ
LQ1XVD\ELQ
LOoHVLQGH\DVDNOÔE|OJHGHNLHYOHULQHL]LQVL]JLUHQDQQHLOHNÔ]Ô3..
OÔWHU|ULVWOHULQ
WX]DNODGÔöÔHO\DSÔPÔSDWOD\ÔFÔQÔQLQILODN
HWPHVLVRQXFXKD\DWÔQÔND\EHWWL
7HPPX]
GD6LLUW
LQøLUYDQLOoHVLQ-
GH3..
OÔWHU|ULVWOHUFHPHQIH]H\HUOHùWLULOHQSDWOD\ÔFÔQÔQLQILODNHWPHVLVRQXFXELU
NRUXFXùHKLWGùWNRUXFX\DUDODQGÔ
7HPPX]
GD0DUGLQ
LQ'HULNLOoHVLQGHWHU|ULVWOHUFHG]HQOHQHQERPEDOÔ
VDOGÔUÔGDSROLVùHKLWHGLOGL
7HPPX]
GD6LLUW
WH]ÔUKOÔDVNHUL
DUDFÔQJHoLùLVÔUDVÔQGDPHQIH]H\HUOHùWLULOHQSDWOD\ÔFÔQÔQLQILODNHWPHVLVRQXFX
DVNHUùHKLWGùW
$öXVWRV
WD+DNNDUL
QLQøHPGLQOL
LOoHVLQGH3..
OÔWHU|ULVWOHUFH\ROD\HUOHùWLULOHQSDWOD\ÔFÔELUNDP\RQXQJHoLùL
HVQDVÔQGDLQILODNHWWLULOGL6DOGÔUÔGDNDP\RQVUFVKD\DWÔQÔND\EHWWL
$öXVWRV
WD'L\DUEDNÔU
ÔQ6XULOoHVLQGHSROLVVHUYLVDUDFÔQD3..
OÔWHU|ULVWOHUFHERPEDOÔDUDoODG]HQOHQHQVDOGÔUÔGD
D\QÔDLOHGHQNLùLKD\DWÔQÔND\EHWWL
L
SROLVNLùL\DUDODQGÔ
$öXVWRV
WDøÔUQDN
ÔQ%H\WùùHEDSLOoHVLQGH\RONHVHQ3..
OÔWHU|ULVWOHU
WDUDIÔQGDQNDoÔUÔODQ%H\WùùHEDS$.
3DUWL÷OoH*HQoOLN.ROODUÔ%DùNDQÔ1DFL
$GÔ\DPDQ
ÔQFHVHGLEXOXQGX
$öXVWRV
WD'L\DUEDNÔU%DWPDQ
NDUD\ROXQXQ%LVPLOLOoHVL\ROD\UÔPÔQGD
EXOXQDQYDWDQGDùODUÔQ|]HODUDoODUÔYH
WRSOXWDùÔPDDUDoODUÔ\OD\RöXQRODUDN
EXOXQGXöXE|OJHGHNLøHKLW(PQL\HW
$PLUL0XUDW8oDU%|OJH'HQHWOHPH
÷VWDV\RQX
QD\|QHOLNWHU|U|UJW3..
PHQVXSODUÔQFDERPED\NODUDoOD
\DSÔODQVDOGÔUÔGD
LSROLV
LoRFXNYDWDQGDùROPDN]HUHNLùLùHKLWROGX
VL
SROLV
WHNQLNSHUVRQHO
YDWDQGDù
ROPDN]HUHNLùL\DUDODQGÔ
$öXVWRV
WD9DQ
ÔQPHUNH]÷SHN\ROXLOoHVLQGHWHU|ULVWOHULQ3ROLVHYLYH3ROLV0HUNH]L
QLQEXOXQGXöXELQD\DSDWOD\ÔFÔ
\NODUDoODG]HQOHGLöLVDOGÔUÔGDELUDOÔùYHULùPHUNH]LQGHNDVL\HUOLN\DSDQ'LFOH
÷GUDNLOHD\QÔLù\HULQGHoDOÔùDQ)DUXN
7DPKD\DWÔQÔND\EHWWL6DOGÔUÔGDSROLV
PHPXUODUÔ+DFÔ$KPHWg]WUNYH
0XKDPPHW$FDUùHKLWHGLOGL
$öXVWRV
WD(OD]Ôö
GD÷O(PQL\HW
0GUOöQH3..
OÔWHU|ULVWOHUFHERPED
\NODUDoODVDOGÔUÔG]HQOHQGL6DOGÔUÔGD
www.24saatgazetesi.com
SROLVùHKLWGùWDUDODUÔQGDVLYLOOHULQGH
EXOXQGXöXNLùL\DUDODQGÔ
%LWOLV
LQ+L]DQLOoHVLNÔUVDOÔQGD
$öXVWRV
WDWHU|U|UJW3..PHQVXSODUÔQFDG]HQOHQHQVDOGÔUÔGD
DVNHU
LN|\
NRUXFXVXJYHQOLNJ|UHYOLVLùHKLWGùW
DVNHU\DUDODQGÔ
$öXVWRV
WDøDQOÔXUID
QÔQ9LUDQùHKLULOoHVLQGHøDQOÔXUID9LUDQùHKLUNDUD\ROXQXQNLORPHWUHVLQGHSROLVDUDFÔQD
ERPEDVDOGÔUÔGDSROLVùHKLWHGLOGL
SROLV\DUDODQGÔ
$öXVWRV
WD7XQFHOL
QLQ1D]LPL\H
LOoHVLQGHMDQGDUPDNRPXWDQOÔöÔYHLOoH
HPQL\HWDPLUOLöLQHHù]DPDQOÔVDOGÔUÔ
G]HQOH\HQWHU|ULVWOHULOHJYHQOLNJoOHUL
DUDVÔQGDoDWÔùPDoÔNWÔdDWÔùPDGDWHU|ULVWOHUFHDoÔODQDWHùVRQXFXDVNHUùHKLW
GùWSROLVPHPXUXGD\DUDODQGÔ
$öXVWRV
WD9DQ
ÔQdDWDNLOoHVLQGH
MDQGDUPDNDUDNROXQDWHU|ULVWOHUFHG]HQOHQHQVDOGÔUÔGDELUDVNHU\DUDODQGÔ
%LQJ|O
GHPHUNH]HEDöOÔ2UWDoDQDNN|\E|OJHVLQGHWHU|ULVWOHUFH
$öXVWRV
WDG]HQOHQHQVLODKOÔVDOGÔUÔGD
JHoLFLN|\NRUXFXVXLOHELUDVNHUùHKLW
HGLOGLELUJHoLFLN|\NRUXFXVX\DUDODQGÔ
+DNNDUL
QLQ<NVHNRYDLOoHVLQGH
]ÔUKOÔSROLVDUDFÔQD$öXVWRV
WDWHU|ULVWOHUFH\DSÔODQURNHWDWDUOÔVDOGÔUÔGDSROLV
\DUDODQGÔ
$öXVWRV
WD'L\DUEDNÔU
ÔQ/LFH
LOoHVLQGH'L\DUEDNÔU%LQJ|ONDUD\ROXQXQJYHQOLöLQLVDöOD\DQWLPOHUH3..
OÔ
WHU|ULVWOHUFHG]HQOHQHQVLODKOÔVDOGÔUÔGD
DVNHUùHKLWGùWDVNHU\DUDODQGÔ
$öXVWRV
WD&+3*HQHO%DùNDQÔ
.HPDO.ÔOÔoGDURöOX
QXQ$UWYLQ
GHNLED]Ô
SURJUDPODUÔoHUoHYHVLQGHøDYùDWLOoHVLQGHQ$UGDQXoLOoHVLQHVH\LUKDOLQGH\NHQ
|QFMDQGDUPDHNLELQHVLODKOÔVDOGÔUÔGD
EXOXQXOGX6DOGÔUÔGDDVNHUùHKLWHGLOGL
DVNHU\DUDODQGÔ
$öXVWRV
WDøÔUQDN
ÔQ&L]UHLOoHVLQGHdHYLN.XYYHW*UXS$PLUOLöLQH\DNODùÔN
PHWUHX]DNOÔNWDNLSROLVNRQWUROQRNWDVÔQD3..
OÔWHU|ULVWOHUFHERPED\NO
NDP\RQODG]HQOHQHQKDLQVDOGÔUÔGD
SROLVùHKLWGùWNLùLGH\DUDODQGÔ
$1.$5$$$5DG\RYH7HOHYL]\RQhVW
.XUXOX57h.$öXVWRV
WDNLWRSODQWÔODUÔQGDOLVDQVDOPDGDQL]LQVL]\D\ÔQ\DSDQ
YHLODoROPDGÔöÔKDOGHVDöOÔöDL\LJHOGLöLLGGLDVÔ\ODLODoJÔGDWDNYL\HVLFLQVHOLoHULNOLUQ
VDWÔùÔ\DSDQEDKLVVLWHVLYHFDQOÔVRKEHW
KDWODUÔUHNODPÔ\DSDQNDQDOODULOHDUDND]DQEXOND]DQJLELR\XQODUR\QDWDUDN
YDWDQGDùÔGRODQGÔUDQNDQDOODUÔHOHDOGÔ
%XNDSVDPGD&KLQNR793OXV/LIH
6XOWDQ:HODW&PD[$ZD]D.XUGL79.RUNX3L[9L]\RQ79)LOJKW79$UWL79(VNLFL
79&$FWLRQ795DNL79$UDEHVN0HORGL
.X]H\7UN&LQHPD[&DQ)XO$NVL\RQ
$WODV79$FLQHPD$QLPDOER[6LQHPHJD
7RVXQ79<HùLO9DGL797KH:HVW7KH%R[
797DU]0RGD79YH6SHU+DOD\
ÔQGD
GDKLOROGXöXNDQDONDSDWÔOGÔ
hVW.XUXOWHU|USURSDJDQGDVÔ\DSÔODQ
NDQDOODUÔGDJ|UùW%XNDSVDPGD9DQ
79
\HVD\ÔOÔ5DG\RYH7HOHYL]\RQODUÔQ
.XUXOXùYH<D\ÔQ+L]PHWOHUL+DNNÔQGD.DQXQ
GDNL<D\ÔQKL]PHWOHULWHU|U|YHPH]
YHWHùYLNHGHPH]WHU|U|UJWOHULQLJoO
YH\DKDNOÔJ|VWHUHPH]WHU|U|UJWOHULQLQ
NRUNXWXFXYH\ÔOGÔUÔFÔ|]HOOLNOHULQL\DQVÔWÔFÔ
QLWHOLNWHRODPD]7HU|UH\OHPLQLIDLOOHULQLYH
PDöGXUODUÔQÔWHU|UQDPDoODUÔQDKL]PHW
HGHUùHNLOGHVXQDPD]YH7DUDIVÔ]OÔNJHUoHNOLNYHGRöUXOXNLONHOHULQLHVDVDOPDNYH
WRSOXPGD|]JUFHNDQDDWROXùXPXQDHQJHO
ROPDPDN]RUXQGDGÔUªLONHOHULQHg]JU
*Q79
\HLVH,UNUHQNGLOGLQWDELL\HW
FLQVL\HWHQJHOOLOLNVL\DVLYHIHOVHILGùQFH
PH]KHSYHEHQ]HULQHGHQOHUOHD\UÔPFÔOÔN
\DSDQYHELUH\OHULDùDöÔOD\DQ\D\ÔQODUÔ
LoHUHPH]YHWHùYLNHGHPH]LONHVLQHD\NÔUÔ
\D\ÔQ\DSWÔöÔJHUHNoHOHUL\OHPH\\LGHX\JXODQPDVÔQÔNDUDUODùWÔUGÔ
57h.YDWDQGDùODUÔQ%÷0(5&÷0(5YH
GLöHU\ROODUGDQ\RöXQùHNLOGHùLND\HWHWWLöL
L]OH\LFLOHULSDUD|GOYHUPHYDDGL\OHGRODQGÔUDQYHELWNLVHOUQVDWÔùÔ\DSDQNDQDOODUÔ
GDDIIHWPHGL%XNDSVDPGDGD)DUNOÔ79
'HU\D790D\D79+79YH.DUDGHQL]7UN
NDQDOODUÔQDoHùLWOLPH\\LGHOHUX\JXODGÔ
<DYX]6XOWDQ6HOLP
.¦SU«V«
Q«QJL°HOHUL
$6(/6$1
DHPDQHW
$1.$5$$$.X]H\0DUPDUD
2WR\ROXYH$YUXSDµ\Ô$QDGROXµ\DEDöOD\DQERöD]N|SUVRODQ<DYX]6XOWDQ
6HOLP.|SUV
QQFUHWWRSODPDVLVWHPL
$6(/6$1WDUDIÔQGDQNXUXOGXPLO\RQ
GRODUDNXUXODQ6HUEHVW$NÔùhFUHW7RSODPD
6LVWHPLDUDoODUGDQRWR\RO]HULQGHVH\LU
KDOLQGH\NHQFUHWWRSODPD\ÔPPNQ
NÔOÔ\RUYHEXDODQGDGQ\DGDNLHQLOHUL
WHNQRORML\LWHPVLOHGL\RU
2WR\ROYHN|SUQQFUHWWRSODPD
VLVWHPLQLQV|]OHùPHVL$UDOÔN
WH,&$
÷oWDù$VWDOGL2UWDNOÔöÔLOHLP]DODQGÔ
3URMHNDSVDPÔQGDQRNWD\DJLùHGHQROXùDQFUHWWRSODPDVLVWHPLD\UÔFD
QRNWD\DVHUEHVWDNÔùFUHWWRSODPD
VLVWHPLNXUXOGX3URMHQLQWRSODPWXWDUÔ
PLO\RQGRODUÔEXOGX
3URMHGHNLWPFUHWWRSODPDJLùHOHUL
2*6+*6QDNLWYHNUHGLNDUWÔ|GHPHOHULQL
NDEXOHGL\RU2*6YH+*6WHNQRORMLOHUL
LOHELUOLNWHD\QÔDQGDQDNLWYHNUHGLNDUWÔ
|GHPHOHULQLGHGHVWHNOH\HQ|]JQWDVDUÔP
$6(/6$1WDUDIÔQGDQ|]HOOLNOH7UNL\HµGHNL
|]HORWR\ROLùOHWPHOHULLoLQJHOLùWLULOGL
6HUEHVW$NÔùhFUHW7RSODPD6LVWHPL
DUDoODUGDQRWR\RO]HULQGHVH\LUKDOLQGH\NHQFUHWWRSODPD\ÔPPNQNÔOÔ\RUYHEX
DODQGDGQ\DGDNLHQLOHULWHNQRORML\LWHPVLO
HGL\RU$6(/6$16HUEHVW$NÔùhFUHW7RSODPD6LVWHPLD\UÔFD2*6YH+*6FUHW
WRSODPDLùOHYOHULQLHQWHJUHHGHUHN|QHPOL
ELULKWL\DFÔNDUùÔOÔ\RU6LVWHPWUDILNVHUEHVW
DNÔùKDOLQGH\NHQFUHWWRSODPD\DLPNDQ
VDöOÔ\RU
7UNL\HµGHùXDQDNDGDUQRNWD\D
NXUXODQVHUEHVWDNÔùVLVWHPOHUL.X]H\
0DUPDUD2WR\ROXhFUHW7RSODPD6LVWHPL
SURMHVL\OHELUOLNWHGDKDGD\D\JÔQODùWÔUÔOÔ\RU
4
6$$7%$ø.(17
7(1
$õ867263$=$57(6÷
d$1.$<$¶<$<(1ø
%$+$5(9/(5ø*(/ø<25
Gülümseten talepler
$1.$5$.HoL|UHQ%HOHGL\HVL
+DONOD÷OLùNLOHU0GUOöQHEDöOÔ$.
0DVD%LULPLYDWDQGDùODUÔQWDOHSùLND\HWYH|QHULOHULQLGLQOH\HUHNo|]PH
XODùWÔUPDNRQXVXQGD\RöXQELUoDED
VDUIHGL\RU
$<'$%÷1%$ø9858
.HoL|UHQ%HOHGL\HVLµQGHQ\DSÔODQ\D]ÔOÔDoÔNODPD\DJ|UH.HoL|UHQ
%HOHGL\HVL
QLQ.HoL|UHQOLµOHULQKD\DWODUÔQÔNROD\ODùWÔUPDNYH\HUHO\|QHWLFL
ROPDQÔQVRUXPOXOXöXLOHYDWDQGDùÔ
GLQOHPHNDPDFÔ\ODNXUGXöX$.0$6$
%LULPLQH\]\]HJ|UùPHWHOHIRQ
HPDLOVRV\DOPHG\DDUDFÔOÔöÔ\ODVRQ
D\GDEDùYXUX\DSÔOGÔ%LOJLDOPDNWDOHSLOHWPHNEDùWDROPDN]HUH
oHùLWOLQHGHQOHUOH&DOO&HQWHUÔDUD\DQODUÔQVD\ÔVÔLVH
EXOGX
9DWDQGDùÔQWDOHSOHULQLo|]PHN
LoLQWPLOHWLùLPNDQDOODUÔQÔNXOODQDQ
$.0DVD\DED]HQLOJLQoWDOHSOHUGH
XODùÔ\RU%DùYXUDQODUDUDVÔQGDHYLPLQ
PXWIDöÔQGDIDUH|OGEHQIDUHGHQoRN
NRUNDUÔPJHOLQ|OVQDOÔQGL\HQGH
YDU0DKDOOHPL]GHNLVRNDNN|SHNOHUL
KHUJUOWGHKDYOÔ\RUN|SHNOHULQKDYODPDVÔQÔQHQJHOOHQPHVLQLLVWL\RUXP
GL\HQGH
(QLOJLQoWDOHSLVH\DQWDUDIÔPÔ]D
ELQD\DSÔODFDNSHQFHUHPYHEDONRQXPXQ|QNDSDQDFDNEHQLP|QP
NDSDQÔUVDSVLNRORMLPER]XOXU|QP
NDSDWPD\ÔQGL\HQELUYDWDQGDùWDQ
JHOGL$.0DVD\HWNLOLOHULWDOHSOHUOHLOJLOLùXQODUÔV|\OHGL%D]HQoRNLOJLQoWDOHSOHUOHGHNDUùÔODùDELOL\RUX](YLPLQ
|QQGHE|FHN\DSDQDöDFÔNHVWLUHFHöLPELULQFLNDWWDRWXUDQ\DùOÔNDGÔQ
LNQDROPX\RUJHOLQRNDGÔQÔLNQDHGLQ
NDOGÔUÔPDDUDEDODUÔQSDUNHWPHPHVL
LoLQNDOGÔUÔPODUDGLNHQOLWHONRQXOPDVÔQÔ
LVWL\RUXPGL\HQOHUGHROX\RU%L]KHU
WDOHELGLNNDWOHGLQOL\RUHQJHoJQ
LoLQGHROXPOXYH\DROXPVX]VRQXFD
XODùWÔUÔ\RUX]
.HoL|UHQ
GHSDUNODUF×Y×OF×Y×O
$1.$5$.HoL|UHQ%HOHGL\HVL
YDWDQGDùÔQùHKLULoLQGHQHIHVDODFDöÔ
DODQODUÔQVD\ÔVÔQÔDUWÔUPDYHoRFXNODUÔQGDUDKDWoDR\XQR\QD\DELOPHVL
\|QQGHNLoDOÔùPDODUÔQÔVUGU\RU
.HoL|UHQ%HOHGL\HVLµQGHQ\DSÔODQ
\D]ÔOÔDoÔNODPD\DJ|UH7UNL\H
QLQ
HQNDODEDOÔNLOoHOHULQGHQELULRODQ
.HoL|UHQ
GH|]HOOLNOHEDKDUYH\D]
G|QHPLQGHLOJLRGDöÔRODQSDUNODUÔQÔQ
VD\ÔVÔ
\H\DNODùPÔùGXUXPGD
9DWDQGDùODUÔQoD\ÔQÔ\XGXPOD\ÔS
JD]HWHVLQLRNXGXöXVSRUXQX\DSWÔöÔ
SDUNODUDUDVÔQGDHQID]ODLOJLJ|UHQ
LVH6XED\HYOHUL0DKDOOHVLQGHNL%RWDQLN3DUNg]HOSH\]DMG]HQOHPHVL
ùHODOHVLLOHJ|UVHOHVWHWLNVXQDQSDUNÔQLoHUVLQGHIDUNOÔFDIHOHUYHWHOHIHULN
LVWDV\RQXGDEXOXQX\RU
øHQOLN0DKDOOHVLQGHNL)DWLK6XOWDQ3DUNÔGDNDUWSRVWDOODUDDGHWDWDù
oÔNDUWDQJ|UQP\OHLOJLJ|U\RU
gUGHNOHULQ\]GöKDYX]X|]HOOLNOH
oRFXNODUÔQLOJLVLQLoHNL\RU0XKVLQ
Çankaya Belediyesi’nin
\DûOÖQIXVD\|QHOLNVRV\DO
LPNDQODUVXQGXøX%DKDUHYOHULQLQVD\ÖVÖ·HoÖNÖ\RU
$1.$5$$\UDQFÔ&HEHFLYH2UDQ
%DKDUHYOHULQGHQVRQUDEX\ÔO'LNPHQYH
%D\UDNWDUµDGD%DKDUHYLDoÔODFDN<HQL
%DKDUHYOHUL\DSÔPÔGHYDPHGHQ%D\UDNWDUdDQND\D(YLLOH'LNPHQµGH\DSÔPÔ
VUHQdDQND\D(YLLoHULVLQGHIDDOL\HWJ|VWHUHFHN%DKDUHYOHULVDöOÔNVHPLQHUOHULQGHQNRQVHUOHUHJH]LOHUGHQILOPJ|VWHULPOHULQHGHNIDUNOÔDODQODUGDVRV\DOYHNOWUHO
HWNLQOLNOHUOHYDWDQGDùODUÔEXOXùWXUX\RU
dDQND\D%HOHGL\HVLµQGHQ\DSÔODQ\D]ÔOÔ
DoÔNODPD\DJ|UHdDQND\D%HOHGL\HVLµQLQ
$\UDQFÔ&HEHFLYH2UDQVHPWOHULQGH
KL]PHWYHUGLöL%DKDUHYOHULQHLNL\HQL%DKDUHYLGDKDHNOHQL\RU<HQL%DKDUHYOHUL(\OO
D\ÔQGD%D\UDNWDU0DKDOOHVLµQGH(NLP
D\ÔQGD'LNPHQµGHDoÔODFDN<DùOÔQIXVX
DNUDQODUÔ\ODELUDUD\DJHWLUHQYHYDWDQGDùODUÔQKRùoDYDNLWJHoLUHELOPHOHULLoLQELUoRN
HWNLQOLöLQG]HQOHQGLöL%DKDUHYOHULQGH
\ÔOEDùÔ<DùOÔODU+DIWDVÔ'Q\D.DGÔQODU
*QJLEL|]HOJQOHUGHGHNRQVHUYH
V|\OHùLOHUJHUoHNOHùL\RU%DKDUHYOHULQGH
NRQXVXQGDX]PDQNLùLOHUWDUDIÔQGDQJQFHOROD\ODUDYHVDöOÔNODLOJLOLNRQXODUDLOLùNLQ
ELOJLOHUGHYHULOL\RU
%LULQFLEDVDPDNKHPùLUHOLNKL]PHWOHULQLQYHULOGLöL%DKDUHYOHULQGHNRQXNODUÔQWRUXQODUÔQÔJHWLUHELOHFHöLoRFXNR\XQRGDODUÔ
GDEXOXQX\RU)L]LNVHOHJ]HUVL]OHULQHöLWLPFLHùOLöLQGH\DSÔODELOGLöLVDWUDQoWDYOD
JLELDNWLYLWHOHULQ\HUDOGÔöÔ%DKDUHYOHUL
$O]KHLPHUJHULDWULKLSHUWDQVL\RQGL\DEHW
JLELVDöOÔNNRQXODUÔQGDNLVHPLQHUOHUHGHHY
VDKLSOLöL\DSÔ\RU
əǼŘ_ǵÞǣǼÞɴŸNjʰXŘĨɴǼsŎÞʊĶÞɴŸNj
ANKARA - Çankaya Belediyesi,
YDWDQGDùODUGDQJHOHQWHPL]OLNOHLOJLOL
WDOHSOHUHDQÔQGDPGDKDOHHGHUHN
VRUXQODUÔo|]PHNDYXùWXUX\RU
dDQND\D%HOHGL\HVLµQGHQ\DSÔODQ
\D]ÔOÔDoÔNODPD\DJ|UHo|SWRSODPD
\ÔNDPDSD]DU\HULYHLEDGHWKDQH
WHPL]OLNOHULQLG]HQOLRODUDNJHUoHNOHùWLUHQdDQND\D%HOHGL\HVLJQONUXWLQ
WHPL]OLNoDOÔùPDODUÔQÔQ\DQÔVÔUDYDWDQGDùODUGDQJHOHQWDOHSYHLVWHNOHUH
GHDQÔQGDPGDKDOHHGL\RU
$\ODU|QFHX\JXODPD\DNR\GXöX²<HQL6LVWHPd|S.RQWH\QHUL³LOH
WHPL]OLNWH$YUXSDNDOLWHVLQLLOoH\H
WDùÔ\DQdDQND\D%HOHGL\HVLNXUDOODUD
D\NÔUÔGDYUDQÔùODUQHGHQL\OHROXùDQ
o|SVRUXQODUÔQDIÔUVDWYHUPL\RU
QXPDUDOÔWHOHIRQ\DGDLQWHUQHW
LOH²d|]P0HUNH]L³QHLOHWLOHQùLND\HWOHUHQNÔVDVUHGHGHöHUOHQGLULOL\RU
dDQND\D%HOHGL\HVLWHPL]OLNHNLSOHULQFH\DSÔODQPGDKDOHQLQDUGÔQGDQ
YDWDQGDùODUÔNRQX\ODLOJLOLELOJLOHQGLUPH\LGHLKPDOHWPL\RU
<D]ÔFÔRöOX3DUNÔ.DQXQL3DUNÔ÷VD
<XVXI$OSWHNLQ3DUNÔGD\HQLHYOHQHQ
oLIWOHULQPXWOXOXNUHVLPOHULQHGHNRU
ROX\RU
dRFXNODUÔQJYHQOLYHKX]XULoLQ
R\QDPDODUÔQÔVDöODPDNYHYDWDQGDùÔQKHPGLQOHQPHKHPGH]DPDQ
JHoLUPHDPDoOÔNXOODQGÔöÔSDUNODUÔQ
VD\ÔVÔQÔDUWÔUPDNNRQXVXQGDNLoDOÔùPDODUÔQÔVUGUGNOHULQLLIDGHHGHQ
.HoL|UHQ%HOHGL\H%DùNDQÔ0XVWDID
$N%L]J|UHYHJHOGLöLPL]GHED]Ô
SDUNODUÔPÔ]oRNEDNÔPVÔ]NDOPÔùWÔ
YHoRNVD\ÔGDHNVLöLYDUGÔDGHWD
\HQLGHQ\DSWÔNSDUNÔPÔ]ÔUHYL]H
HWWLN\HQLSDUNYHDöDoODQGÔUPD
DODQÔ\DSWÔN9DWDQGDùÔPÔ]|]HOOLNOH
EDKDUYH\D]PHYVLPLQGHSDUNODUGDGDKDoRNYDNLWJHoLUL\RUILWQHVV
DOHWOHULPL]oRFXNR\XQDODQODUÔPÔ]
VSRUVDKDODUÔPÔ]NDPHO\DODUÔPÔ]
ùHODOHOHULPL]LOHSDUNODUÔPÔ]DVDGHFH
.HoL|UHQOL
OHUGHöLO$QNDUDOÔ
ODUGDLOJL
J|VWHUL\RUGHGL
$1.$5$250$1)ø'$1/,.0h'h5/höh1(%$ö/,)ø'$1/,./$5'$.8//$1,/0$.
h=(5(7(/ø6d89$/1$</213/$67ø..$6$9(*g/*(/ø.<(ùø/g57h$/,0,øùø
250$1)ø'$1/,.0h'h5/höh$1.$5$'øö(5g=(/%h7d(/ø.858/8ù/$5250$1*(1(/0h'h5/höh
$QNDUD2UPDQ)LGDQOÕN0GUO÷QHED÷OÕ)LGDQOÕNODUGDNXOODQÕOPDN]HUH7HOLVdXYDO1D\ORQ
3ODVWLN.DVDYH*|OJHOLN<HúLOgUW$OÕPÕøúLDOÕPÕVD\ÕOÕ.DPXøKDOH.DQXQXQXQXQFXPDGGHVLQHJ|UHDoÕNLKDOHXVXOLOHLKDOHHGLOHFHNWLUøKDOH\HLOLúNLQD\UÕQWÕOÕELOJLOHUDúD÷ÕGD\HUDOPDNWDGÕU
øKDOH.D\ÕW1XPDUDVÕ
øGDUHQLQ
D$GUHVL%DKoHNDSÕ0DKDOOHVL%HKLoEH\2UPDQ)LGDQOÕ÷Õ%HKLoEH\7UHQøVWDV\RQ.DUúÕVÕ*YHUFLQOLN(7ø0(6*87$1.$5$
E7HOHIRQYHIDNVQXPDUDVÕ
F(OHNWURQLN3RVWD$GUHVLQXVUHWJRUXU#RJPJRYWU
oøKDOHGRNPDQÕQÕQJ|UOHELOHFH÷LLQWHUQHWDGUHVLYDUVDKWWSVHNDSNLNJRYWU(.$3
øKDOHNRQXVXPDOÕQ
D1LWHOL÷LWUYHPLNWDUÕ7HOLVRQVNDOÕQOÕ÷ÕQGDFPHQLQGH PWdXYDO[
FP DG89NDWNÕOÕPLNURQ1D\ORQHQPWDoÕOÕQFDPW 0HWUHNDUH3ODVWLN.DVD
1. $GOLN*|OJHOLNILOH<HúLOgUW 0HWUHNDUH
$\UÕQWÕOÕELOJL\H(.$3¶WD\HUDODQLKDOHGRNPDQÕLoLQGHEXOXQDQLGDULúDUWQDPHGHQXODúÕODELOLU
E7HVOLP\HUL$QNDUD2UPDQ)LGDQOÕN0GUO÷*YHUFLQOLN%DKoHNDSÕ0DKDOOHVL)HQøúOHUL&DGGHVL%HKLoEH\7UHQøVWDV\RQ.DUúÕVÕ(WLPHVJXW$1.$5$
F7HVOLPWDULKL6|]OHúPHQLQLP]DODQPDVÕQDPWHDNLSWDNYLPJQLoHULVLQGHWHVOLPHGLOHFHNWLU
øKDOHQLQ
D<DSÕODFD÷Õ\HU$QNDUD2UPDQ)LGDQOÕN0GUO÷*YHUFLQOLN%DKoHNDSÕ0DKDOOHVL)HQøúOHUL
&DGGHVL%HKLoEH\7UHQøVWDV\RQ.DUúÕVÕ(WLPHVJXW$1.$5$
E7DULKLYHVDDWL
øKDOH\HNDWÕODELOPHúDUWODUÕYHLVWHQLOHQEHOJHOHULOH\HWHUOLNGH÷HUOHQGLUPHVLQGHX\JXODQDFDNNULWHUOHU
øKDOH\HNDWÕOPDúDUWODUÕYHLVWHQLOHQEHOJHOHU
0HY]XDWÕJHUH÷LND\ÕWOÕROGX÷X7LFDUHWYHYH\D6DQD\L2GDVÕ\DGDLOJLOL(VQDIYH6DQDWNDUODU
2GDVÕEHOJHVL
*HUoHNNLúLROPDVÕKDOLQGHLONLODQYH\DLKDOHWDULKLQLQLoLQGHEXOXQGX÷X\ÕOGDDOÕQPÕúLOJLVLQH
J|UH7LFDUHWYHYH\D6DQD\L2GDVÕQD\DGDLOJLOL(VQDIYH6DQDWNDUODU2GDVÕQDND\ÕWOÕROGX÷XQXJ|VWHULUEHOJH
7]HONLúLROPDVÕKDOLQGHLOJLOLPHY]XDWÕJHUH÷LND\ÕWOÕEXOXQGX÷X7LFDUHWYHYH\D6DQD\L
2GDVÕQGDQLONLODQYH\DLKDOHWDULKLQLQLoLQGHEXOXQGX÷X\ÕOGDDOÕQPÕúW]HONLúLOL÷LQRGD\DND\ÕWOÕ
ROGX÷XQXJ|VWHULUEHOJH
7HNOLIYHUPH\H\HWNLOLROGX÷XQXJ|VWHUHQLP]DEH\DQQDPHVLYH\DLP]DVLUNOHUL
*HUoHNNLúLROPDVÕKDOLQGHQRWHUWDVGLNOLLP]DEH\DQQDPHVL
7]HONLúLROPDVÕKDOLQGHLOJLVLQHJ|UHW]HONLúLOL÷LQRUWDNODUՁ\HOHULYH\DNXUXFXODUÕLOHW]HO
NLúLOL÷LQ\|QHWLPLQGHNLJ|UHYOLOHULEHOLUWHQVRQGXUXPXJ|VWHULU7LFDUHW6LFLO*D]HWHVLEXELOJLOHULQ
WDPDPÕQÕQELU7LFDUHW6LFLO*D]HWHVLQGHEXOXQPDPDVÕKDOLQGHEXELOJLOHULQWPQJ|VWHUPHN]HUH
LOJLOL7LFDUHW6LFLO*D]HWHOHULYH\DEXKXVXVODUÕJ|VWHUHQEHOJHOHULOHW]HONLúLOL÷LQQRWHUWDVGLNOLLP]D
VLUNOHUL
ùHNOLYHLoHUL÷LøGDULùDUWQDPHGHEHOLUOHQHQWHNOLIPHNWXEX
ùHNOLYHLoHUL÷LøGDULùDUWQDPHGHEHOLUOHQHQJHoLFLWHPLQDW
øKDOHNRQXVXDOÕPÕQWDPDPÕYH\DELUNÕVPÕDOW\NOHQLFLOHUH\DSWÕUÕODPD]
(NRQRPLNYHPDOL\HWHUOL÷HLOLúNLQEHOJHOHUYHEXEHOJHOHULQWDúÕPDVÕJHUHNHQNULWHUOHU
øGDUHWDUDIÕQGDQHNRQRPLNYHPDOL\HWHUOL÷HLOLúNLQNULWHUEHOLUWLOPHPLúWLU
0HVOHNLYH7HNQLN\HWHUOL÷HLOLúNLQEHOJHOHUYHEXEHOJHOHULQWDúÕPDVÕJHUHNHQNULWHUOHU
7HGDULNHGLOHFHNPDOODUÕQQXPXQHOHULNDWDORJODUÕIRWR÷UDIODUÕLOHWHNQLNúDUWQDPH\HFHYDSODUÕ
YHDoÕNODPDODUÕLoHUHQGRNPDQ
%LUSDUoD1D\ORQQXPXQHVLELUSDUoD*|OJHOLN)LOHQXPXQHVLYHELUSDUoD7HOLV%H]LQXPXQHVLWHNOLI
PHNWXSODUÕ\ODEHUDEHUWHVOLPHGLOHFHNWLU
6ÕUD
1R
$oÕNODPD
%LULPL
0LNWDUÕ
7HOLVRQV.DOÕQOÕ÷ÕQGDFPHQLQGHVÕN|UWO.DQDYLoH
PHWUH
dXYDO[FP(EDWODUÕQGD
DGHW
89NDWNÕOÕ0LNURQ1D\ORQHQPHWUHDoÕOÕQFDPW
PHWUHNDUH
3ODVWLN.DVD1.[[FP(EDWÕQGD
DGHW
OLNVÕNOÕNLOHUHWLOPLú*|OJHOLN)LOH<HúLOgUW
PHWUHNDUH
(NRQRPLNDoÕGDQHQDYDQWDMOÕWHNOLIVDGHFHIL\DWHVDVÕQDJ|UHEHOLUOHQHFHNWLU
øKDOH\HVDGHFH\HUOLLVWHNOLOHUNDWÕODELOHFHNWLU
øKDOHGRNPDQÕQÕQJ|UOPHVLYHVDWÕQDOÕQPDVÕ
øKDOHGRNPDQÕLGDUHQLQDGUHVLQGHJ|UOHELOLUYH75<7UN/LUDVÕNDUúÕOÕ÷Õ7&=ø5$$7
%$1.$6,.$08*ø5øùø0ù8%(6ø75DGUHVLQGHQVDWÕQDOÕQDELOLU
øKDOH\HWHNOLIYHUHFHNRODQODUÕQLKDOHGRNPDQÕQÕVDWÕQDOPDODUÕYH\D(.$3]HULQGHQHLP]D
NXOODQDUDNLQGLUPHOHUL]RUXQOXGXU
7HNOLIOHULKDOHWDULKYHVDDWLQHNDGDU$QNDUD2UPDQ)LGDQOÕN0GUO÷*YHUFLQOLN%DKoHNDSÕ
0DKDOOHVL)HQøúOHUL&DGGHVL%HKLoEH\7UHQøVWDV\RQ.DUúÕVÕ(WLPHVJXW$1.$5$DGUHVLQHHOGHQ
WHVOLPHGLOHELOHFH÷LJLELD\QÕDGUHVHLDGHOLWDDKKWOSRVWDYDVÕWDVÕ\ODGDJ|QGHULOHELOLU
øVWHNOLOHUWHNOLIOHULQLPDONDOHPNDOHPOHULLoLQWHNOLIELULPIL\DWODU]HULQGHQYHUHFHNOHUGLUøKDOHVRQXFX]HULQHLKDOH\DSÕODQLVWHNOL\OHKHUELUPDONDOHPLPLNWDUÕLOHEXPDONDOHPOHULLoLQWHNOLIHGLOHQELULP
IL\DWODUÕQoDUSÕPÕVRQXFXEXOXQDQWRSODPEHGHO]HULQGHQELULPIL\DWV|]OHúPHLP]DODQDFDNWÕU
%XLKDOHGHLúLQWDPDPÕLoLQWHNOLIYHULOHFHNWLU
øVWHNOLOHUWHNOLIHWWLNOHULEHGHOLQ¶QGHQD]ROPDPDN]HUHNHQGLEHOLUOH\HFHNOHULWXWDUGDJHoLFL
WHPLQDWYHUHFHNOHUGLU
9HULOHQWHNOLIOHULQJHoHUOLOLNVUHVLLKDOHWDULKLQGHQLWLEDUHQDOWPÕúWDNYLPJQGU
.RQVRUVL\XPRODUDNLKDOH\HWHNOLIYHULOHPH]
Resmi ilanlar www.ilan.gov.tr’de
BASIN- (421974) 580 www.bik.gov.tr
[email protected]
$õ867263$=$57(6÷
6$$7%$ø.(17
7(1
.D]DQ%HOHGL\H%DüNDQ×/RNPDQ(UWUN
7UNL\HKHGHILQL
oL]PH\HKD]ÕUGÕU
(OPDGDù%HOHGL\HVL
QGHQ
RNXOODUDGHVWHNVU\RU
$1.$5$(OPDGDö%HOHGL\HVLRNXOODUDKHU
\ÔOVUGUGöHöLWLPHGHVWHNNDPSDQ\DVÔQÔEX
\ÔOGDGHYDPHWWLUL\RU
(OPDGDö%HOHGL\HVLµQGHQ\DSÔODQ\D]ÔOÔDoÔNODPD\DJ|UH(OPDGDö%HOHGL\H%DùNDQÔ*D]L
øDKLQµLQWDOLPDWԁ]HULQH)HQ÷ùOHUL0GUOö
WDUDIÔQGDQ÷OoHGHEXOXQDQ7PRNXOODUÔQLKWL\Do
DQDOL]OHUL\DSÔODUDNSURJUDPGDKLOLQGHDFLOL\HWOL
RODQER\DWDOHSOHUL(OPDGDö%HOHGL\HVLWDUDIÔQGDQNDUùÔODQGÔ
(öLWLPH\]GHGHVWHNSURMHVLNDSVDPÔQGD÷OoHJHQHOLQGHRNXODWRSODPGD
NJER\D\DUGÔPÔ\DSÔODUDNoHYUHG]HQOHPH
LKWL\DoODUÔQÔNDUùÔODGÔNODUÔQÔV|\OH\HQ%DùNDQ
*D]LøDKLQ³*HOHFHöLPL]LQJYHQFHVLRODQ
oRFXNODUÔPÔ]ÔNDOLWHOLHöLWLPJ|UPHOHULLoLQ\HQL
HöLWLPVH]RQXQDEDùODPDGDQJHUHNOLLKWL\DoODUÔQÔ
NDUùÔODGÔN(öLWLPHKHU\|QGHGHVWHNVDöODPDN
NH\LIYHULFLELUGXUXPGXU2NXO0GUOHULPL]LQ
YH|öUHWPHQOHULPL]LQVDGHFHEDùDUÔ\DYHHöLWLP
VHYL\HVLQLQ\NVHOWLOPHVLQHRGDNODQPDODUÔLoLQ
EXQODUÔGùQPHPHOHULJHUHNL\RUgQHPOLRODQ
oRFXNODUÔPÔ]ÔHQL\LùHNLOGH\HWLùWLUPHN³GHGL
%DùNDQ*D]LøDKLQ|öUHQFLOHULQGDKDL\L
ùDUWODUGDHöLWLPDOPDVÔLoLQKLoELUIHGDNkUOÔNWDQ
NDoÔQPDGÔNODUÔQÔEHOLUWHUHNRNXOODUÔQLKWL\DoODUÔQÔ
NDUùÔODPD\DGHYDPHGHFHNOHULQLLIDGHHWWL
.XUWXOXù÷ONRNXOXLOH.DUDFDKDVDQ÷ONRNXOXQXQ
ER\DWDGLODWYHWDPLUDWLùOHULQLQ\DSÔPÔQDEDùODQÔùPÔùWÔU
$1.$5$)(7gWDUDIÔQGDQJHUoHNOHùWLULOHQ
GDUEHJLULùLPLQGHµQF$QD-HWhV.RPXWDQOÔöÔµQGDQ
NDONDUDNVLYLOKDONÔERPEDOD\DQ)µODUÔHQJHOOHPH\HoDOÔùÔUNHQùHKLWRODQ.D]DQOÔGDQELULRODQ$KL
.|\0XKWDUÔ$OL$QDULoLQPHYOLWRNXQGX.D]DQ%HOHGL\H%DùNDQÔ/RNPDQ(UWUN²&XPKXUEDùNDQÔµPÔ]
5HFHS7D\\LS(UGRöDQµÔQ|QGHUOLöLQGHYH
KHGHIOHULQHHPLQDGÔPODUOD\U\HQ7UNL\HEXXöXUGDùHKDGHWùHUEHWLQLLoPH\HKD]ÔUELQOHUFH$OLROGXöX
VUHFHKHGHILQLGHoL]PH\HKD]ÔUGÔU³GHGL
.D]DQ%HOHGL\HVLµQGHQ\DSÔODQ\D]ÔOÔDoÔNODPD\D
J|UH)(7gWDUDIÔQGDQJHUoHNOHùWLULOHQGDUEHJLULùLPLQGHµQF$QD-HWhV.RPXWDQOÔöÔµQGDQNDONDUDN
VLYLOKDONÔERPEDOD\DQ)µODUÔHQJHOOHPH\HoDOÔùÔUNHQ.D]DQOÔùHKLWGùHUNHQµVLGHJD]LROPXùWX
'DUEHFLKDLQOHUWDUDIÔQGDQDoÔODQDWHùVRQXFX
oRFXNEDEDVÔ\DùÔQGDNL$KL.|\0XKWDUÔ$OL$QDU
GD\DùÔQGDNLRöOX0XKDPPHWµLQJ|]OHUL|QQGH
ùHKDGHWPHUWHEHVLQHXODùPÔùWÔøHKLW$QDULoLQ$KL
0DKDOOHVL&DPLLµQGHPHYOLWRNXWXOGX0HYOLGH.D]DQ
%HOHGL\H%DùNDQÔ/RNPDQ(UWUNYHHùL0HUDO(UWUN
LOH.D]DQ.D\PDNDPÔ(QJLQ$NVDNDO÷OoH(PQL\HW
0GU2öX]KDQ<FHO÷OoH-DQGDUPD.RPXWDQÔ
0XUDW%R]GRöDQYHYDWDQGDùODUNDWÔOGÔ
d2&8./$5,</$<$.,1'$1÷/*÷/(1'÷
%DùNDQ(UWUNYHHùL0HUDO(UWUNPHYOLWVRQUDVÔ
ùHKLGLQ\HWLPNDODQoRFXöXYHHùL\OH\DNÔQGDQ
LOJLOHQGL%DùNDQ(UWUNù|\OHNRQXùWX
²+HPùHKLWOHULPL]LQDQÔVÔQÔ\DùDWPDNKHPRQODUÔQ
HPDQHWOHULQHVDKLSoÔNPDNKHPGHRKDLQNDONÔùPD\ÔXQXWWXUPDPDNDGÔQDRNDUDQOÔNJHFHKHSKDWÔUOD\DFDöÔ]&XPKXUEDùNDQÔµPÔ]YH%DùNRPXWDQÔµPÔ]
5HFHS7D\LS(UGRöDQµÔQ|QGHUOLöLQGH7UNL\H
YHKHGHIOHULQHHPLQDGÔPODUOD\UPHNWHGLU%X
XöXUGDùHKDGHWùHUEHWLQLLoPH\HKD]ÔUELQOHUFH$OL
ROGXöXVUHFH$OODKµÔQL]QL\OHEL]KHGHILQLGH
oL]PH\HKD]ÔUÔ]³
ōŎĨɴǼĂNjĂŎOĂŘĂضƊʊ_sǣÞ
ŸĶŎɴ_sɚŎs_ÞɴŸNj
$1.$5$.HQWVHOG|QùPOH
%DùNHQWµLQ\NVHOHQ\ÔOGÔ]ÔRODQ
0DPDNE\N\DWÔUÔPFÔODUÔQJ|]GHVLROPD\DGHYDPHGL\RU0DPDN
%HOHGL\H%DùNDQÔ0HVXW$NJO
LOoH\HJHOHQ\DWÔUÔPFÔODUÔ\DOQÔ]
EÔUDNPÔ\RU
0DPDN%HOHGL\HVLµQGHQ\DSÔODQ
\D]ÔOÔDoÔNODPD\DJ|UH0DPDN
%HOHGL\H%DùNDQÔ0HVXW$NJOYH
.HoL|UHQ%HOHGL\H%DùNDQÔ0XVWDID$N'XUDOL$OÔo0DKDOOHVLµQGH
KL]PHWHJLUHQ$NEDED0RGD3OD]D
YH6RV\HWH3D]DUÔµQÔQDoÔOÔùÔQD
NDWÔOGÔ6XOWDQ)DWLK&DGGHVL]HULQGHKL]PHWHEDùOD\DQLù\HUOHUL
0DPDNµWDLVWLKGDPDNDWNÔVDöOD\DFDN÷ù\HULDoÔOÔùÔQD$.3DUWL
0DPDN÷OoH%DùNDQÔ0XKDPPHW
$EGXOODKg]HU0DPDN%HOHGL\HVL
0HFOLV%DùNDQ9HNLOL(UGDO$NYH
oRNVD\ÔGDYDWDQGDùNDWÔOGÔ
0$0$.$57,.<$7,5,0&,
1,1'$*g='(6÷
$oÔOÔùVRQUDVÔQGD.HoL|UHQ
%HOHGL\H%DùNDQÔ0XVWDID$NLOH
ELUOLNWHDOÔùYHULùPHUNH]LQLLoHULVLQL
JH]HQ$NJO²'XUDOL$OÔo0DKDOOHVL
0DPDNµWD\DùDQDQGHöLùLPLQDGHWDVHPEROOHùWLöLELU\HUgQFHGHQ
NLPVHEXUDODUD\DNODùPDNGDKL
LVWHPH]NHQEXJQ0DPDNµÔQHQ
NÔ\PHWOL\HUOHULQGHQELULKDOLJHOGL³
GHGL
÷ù\HULKDNNÔQGD$NJOµHELOJL
YHUHQ$NEDEDJL\LPLQRUWDNODUÔQGDQ
1DJHKDQ$NEDEDµGD²7RSODP
PïDODQGDSHUVRQHOOHEDùWD0DPDNOÔODUROPDN]HUHWP%DùNHQWOLOHULQKL]PHWLQGHRODFDöÔ]³GHGL
GAZETECİLER CEMİYETİ YAYINLARI
www.24saatgazetesi.com
<D\ÕQODUÕPÕ]D*D]HWHFLOHU&HPL\HWLhVNS&DGGHVL1R
dDQND\D$QNDUDDGUHVLQGHQXODúDELOLUVLQL]7HO
6$$7(.2120÷
1$=
'$1
6(/)÷
+÷.$<(/(5÷
$õ867263$=$57(6÷
³%$1$.ø7$3<$=',5$&$.
.$'$5*h=(/ù(</(5<$ù$',0´
\D]GÔUDFDNNDGDUoRNJ]HOùH\OHU
\DùDGÔP\ÔOÔQGDDQQHDQQHP
YHIDWHWWLNWHQVRQUDDLOHE\NOHUL\OH\DSWÔöÔPÔ]EXVRKEHWOHULNLWDS
KDOLQHJHWLUPH\HNDUDUYHUGLP³
÷/..÷7$3²*(d0÷ø=$0$1
%$+d(6÷³
1D]$.0$1
1
1D]
1D
D]$.
$.0$
$.
0$1
0$
1
QD]DNPDQFHPL\HW#JPDLOFRP
B
DONDQ6DYDùODUÔQHGHQL\OH
$QDGROXµ\DJ|oOHU\DùDQPDNWDGÔU<LUPLQFL<]\ÔOµÔQ
EDùODQJÔFÔQGDNLEXJ|oOHUGHQ
ELULQGHGH%XOJDULVWDQµÔQøXPQX
NHQWLQGHQ1HEL\H+DQÔP.DVWDPRQX7DùN|SUµ\H\HUOHùPLùWLU7DùN|SUµGH1HEL\H+DQÔP
DöDEH\LQLQDUNDGDùÔ÷EUDKLP%H\
LOHHYOHQLU0DNHGRQ\D÷ùWLSµWHQ
J|oHQ÷EUDKLP%H\PHPOHNHWLQH
EHQ]HWWLöL6LQRS%R\DEDWµWD\DùDPDNLVWHPHNWHGLU*HQooLIWEXUD\D
\HUOHùLUYHooRFXNODUÔROXU
dRFXNODUÔQHQNoöRODQ
+XOXVLøHQOLVH|öUHQLPLLoLQ
÷VWDQEXOµDJLGHU%XG|QHPGH
DVNHUHDOÔQDQ+XOXVLøHQ)LOLVWLQ
&HSKHVLQGHVDYDùÔU.HQGLVLQGHQ
LNL\ÔOKDEHUDODPD\DQDLOHVL+LODOL
$KPHUµH.Ô]ÔOD\²0DKGXPXPX]
+XOXVLøHQµGHQKDEHUDOÔQDPDVLWHVL6L\DVDO%LOJLOHU)DNOWHVLµQGH
RNXWPDQYH\D]DURODQ=HUULQ
'DöFÔ
'DöFÔDLOHVLQLYHoRFXNOXN
G|QHPLQLù|\OHDQODWÔ\RU
²6LQRS%R\DEDWGRöXPOX\XP
EDEDP÷VPDLO'DöFÔ=LUDDW<NVHNRNXOPH]XQXDQQHP6X]DQ
'DöFÔGDHYKDQÔPÔ%HQELUEXoXN
\DùÔQGD\NHQEDEDPÔQWD\LQL
$QNDUDµ\DoÔNPÔù$QQHPYHEDEDP$QNDUDµ\DJLGLSWDùÔQPDLùOHUL\OHLOJLOHQLUNHQEHQGH%R\DEDWµWD
GHGHPYHDQQHDQQHPLQ\DQÔQGD
NDOPÔùÔP.ÔVDELU]DPDQVRQUD
WDùÔQPDLùOHULELWLQFHDLOHPEHQL
\DQODUÔQDDOPDNLVWHPLùDQFDN
E\NDQQHPYHGHGHPLONWRUXQROGXöXPLoLQELUVUHGDKD
%R\DEDWµWDNDOPDPÔLVWHPLùOHU
'HGHP)UDQVÔ]KD\UDQÔ\GÔEHQL
GH)UDQVÔ]RNXOODUÔQDJ|QGHUPHN
LVWHPLù%R\DEDWµWD)UDQVÔ]RNXOODUÔROPDGÔöÔQGDQDQFDN÷VWDQEXOµD
JLGHUVHPE|\OHELUHöLWLPDODELOHFHNPLùLP+HQ]\HGL\DùÔQGD
ROGXöXPGDQDLOHPELULQFLVÔQÔIWDQ
OLVH\HNDGDU$QNDUDµGD|]HOELU
RNXOGD|öUHQLPJ|UPHPLLVWHPLù
%XQXQ]HULQH$QNDUDµ\DJHOGLP
PDNWDGÔU³GL\HPHNWXS\D]DU
*HOHQFHYDSWD+XOXVLøHQµLQ÷QJLOL]OHULQHOLQGHHVLUROGXöX.ÔEUÔVµÔQ
0DJRVDNHQWLQGHNLELUNDPSWD
WXWXOGXöXYHVDöOÔöÔQÔQGDL\LROGXöXELOGLULOLU'DKDVRQUDHVDUHWWHQ
NXUWXODQ+XOXVLøHQ\ÔOÔQGD$QDGROXµGDPLOOLPFDGHOH\H
NDWÔOÔU
\ÔOÔQGDNXUWXOXùWDQVRQUD%R\DEDWµDG|QHQ+XOXVLøHQ
EXUDGDøD]L\H+DQÔPLOHHYOHQLU
hoNXùDöÔQELUDUDGD\DùDGÔöÔ
NRQDNWDøHQDLOHVLQLQoNÔ]ÔROXU
%XQODUÔQHQE\ö6X]DQµGÔU
2QXQGD%R\DEDWµWD÷VPDLO'DöFÔ
LOHHYOLOLöLQGHQLONoRFXNODUÔ\D]DU
=HUULQ'DöFÔGRöDU
%XKDIWDNLNRQXöXPX]%XOJDULVWDQYH0DNHGRQ\DJ|oPHQLLNL
DLOHGHQJHOHQ)LOLVWLQ&HSKHVLYH
.XUWXOXù6DYDùÔJD]LOHULQGHQ+XOXVLøHQµLQWRUXQX$QNDUDhQLYHU-
÷QJLOL]FHµGHUVLRNXWWXPµGH
QLYHUVLWHQLQGùQFHNXUXOXùX
RODQ´$YUXSD7RSOXOXNODUÔ$UDùWÔUPDYH8\JXODPD0HUNH]LµQGH
$7$80NXUVL\HUOHUHo\ÔO´$YUXSD%LUOLöLµQGH*QFHO*HOLùPHOHUµ
VHPLQHULQL÷QJLOL]FHRNXWWXP³
%XJQDQOD\DELOPHNLoLQGQ
ELOPHNJHUHNWLöLLoLQNLWDSODUÔPÔ
WDULKOHLOJLOL\D]PD\DEDùODGÔP
dRFXNOXöXPGDQLWLEDUHQKDWÔUD
ELULNWLUL\RUGXPHOLPHJHoHQKHU
NDöÔGÔHù\D\ÔVDNODUÔP%XHù\DODUÔQoRöXGHGHPGHQDLOHPGHQ
²%$1$.÷7$3<$=',5$&$.
NDODQODU'HGHPLQHVLUDOÔQGÔöÔQÔ
.$'$5*h=(/ø(</(5
ELOGLUHQ.Ô]ÔOD\PHNWXEXFDP
<$ø$',0³
]HULQH\DSWÔöÔELUODOHUHVPL
hQLYHUVLWHGHYHUGLöLGHUVOHULQ
ùDSNDGHYULPLQGHQKHPHQVRQUD
\DQÔVÔUDNLWDSGD\D]DQ=HUULQ
'DöFÔ|\N\D]DUOÔöÔQDLOJLGX\ ùDSND\ODoHNWLUGLöLIRWRöUDIÔQRW
PDVÔQÔQQHGHQOHULQLYH\D]PD\D GHIWHUOHULYHNDOHPLDQWLNDVDDWLQLQ]HPEHUHöLDQQHDQQHPLQGH
QDVÔOEDùODGÔöÔQÔDQODWÔ\RU
LùOHGLöLELUWHOLùLYHGHGHVLQHDLW
²dRFXNNHQDLOHE\NOHULPL]OH
ELUEDUGDNGDHYLPLQYLWULQLQLYH
oRNL\LELUGL\DORJXPYDUGÔ$QQHGXYDUODUÔQÔVVOHU$\UÔFDUDIODUGD
DQQHPGHGHPE\NKDODPLOH
DLOHGHQNDOPDSHNoRNELEORYH
X]XQVRKEHWOHUHGHUGLNEHQGH
IRWRöUDIGDYDUdDOÔùPDRGDPGD
NRQXùWXNODUÔPÔ]ÔQRWDOÔUGÔP+HUµOHULQEDùÔQGDDOÔQDQ3KLOLSV
NHVLQJHoPLùOHLOJLOLDQÔODUÔYDUGÔU
PDUNDUDG\RGXUX\RU0DVDPÔQ
EXQODUV|]OWDULKYHEHQEXQX
oRN|QHPVL\RUXPdQNKHUùH\ KHPHQ|QQGHEHEHNOLöLPGHELQGLöLPVDOODQDQELUDWYDUoDOÔùÔUNHQ
EDùG|QGUFKÔ]ODGHöLùL\RU2
G|QHPOHULQJL\LPNXùDPÔQÔ\HPH RQXDUDGDD\DöÔPODVDOODPDNWDQ
LoPHNOWUQLQVDQLOLùNLOHULQLNÔ- oRNNH\LIDOÔ\RUXP%XNDGDUKDWÔUD
VDFDVÔEX\DùDQWÔODUÔEL]GHQVRQUD Hù\DQÔQLoLQGH\D]PDPDNPPJHOHFHNNXùDöDDQODWPDNLVWHGLP NQP"*HUoHNWHQEDQDNLWDS
²d2&8./8õ80´$/÷6
+$5÷.$/$5'÷<$5,1'$µ
*÷%÷<'÷³
%R\DEDWµWDQD\UÔOPDNoRN]RU
JHOGL|]HOOLNOHGHGHPLRNRFDPDQ
EDKoHPL]LEÔUDNPDNªdRFXNOXöXQX]QDVÔOJHoWLGL\HVRUDFDN
ROXUVDQÔ]´$OLV+DULNDODU'L\DUÔQGDµ
YH´'DöODU.Ô]Ô+HLGLµGHULPKDULND
ELUoRFXNOXN\DùDGÔP(YLPL]LQ
KHPHQELWLùLöLQGHVXGHöLUPHQL
|QQGHQNoNÔUPDNODUJHoHUGL
YHDODELOGLöLQH\HP\HùLOEDKoHVL\OHJ]HOELUHYLPL]YDUGÔ
'('(6÷1÷1*÷=/÷'h1<$6,
'RöD\DPHUDNOÔRODQGHGHP
HYLPL]LQEDKoHVLQH7UNL\HµGH
ùDND\ÔNoRNHQGHUJ|UOPHVLQH
UDöPHQùDND\ÔNGLNPLùøDND\ÔN
KDOD%R\DEDWµWD\RNWXU$\QÔùHNLOGH7UDE]RQKXUPDVÔQÔGDLONGLNHQ
GHGHPGL%DKoHGHEXQXQJLELoRN
oHùLWOLoLoHNOHUYHDöDoODUYDUGÔ³
'DöFÔ\HGL\DùÔQDNDGDUE
\Gö%R\DEDWµWDQGHGHVLQ
GHQD\UÔODUDN$QNDUDµ\DDQQHYH
EDEDVÔQÔQ\DQÔQDJHOLùLQGHQGH
ù|\OHV|]HGL\RU
²$QNDUDµ\DJHOLQFH7('$QNDUD
.ROHMLµQGHRNXODEDùODGÔP/LVHGH
GHGHPLQGHLVWHGLöLJLEL)UDQVÔ]FDGHUVOHULDOGÔP/LVHVÔUDODUÔQGD
RWXUXUNHQKD\DOLP0ONL\HµGH
RNXPDNWÔ6ÔQDYÔND]DQDUDN
$QNDUDhQLYHUVLWHVL6L\DVDO%LOJLOHU)DNOWHVL8OXVODUDUDVÔ÷OLùNLOHU%|OPµQELWLUGLP0H]XQ
ROGXNWDQVRQUDELUVUH.OWU
%DNDQOÔöÔµQGDJ|UHYDOGÔPYH\XUW
GÔùÔQDJLGHUHNoDOÔùPD\DDUDYHUGLP7UNL\Hµ\HJHULG|QGöPGH
8ODùWÔUPD%DNDQOÔöÔµQGDEDùODGÔPEDNDQOÔNWDoDOÔùÔUNHQD\QÔ
]DPDQGD*D]LhQLYHUVLWHVLµQGH
G|UW\ÔO´'LSORPDWLN.RQXùPDYH
<D]ÔùPD7HNQLNOHULµGHUVLYHUGLP
%DNDQOÔNWDQD\UÔOÔQFDGD$QNDUD
hQLYHUVLWHVLµQGHRNXWPDQOÔNJ|UHYLPHEDùOD\DUDNRQ\ÔO´'LSORPDWLN
[email protected]
$LOHE\NOHULQLQDQÔODUÔQÔ
NLWDSODUÔQDNRQXHGHQ'DöFÔ
\ÔOÔQGDEDVÔODQLONNLWDEÔQÔ
GDù|\OHDQODWÔ\RU
²\ÔOÔQGDLONNLWDEÔPÔ´*HoPLù=DPDQ%DKoHVLµQL\D]GÔP%X
NLWDEÔPGDoRFXNOXNYHJHQoOLNG|QHPOHULPGHEHQGHL]EÔUDNDQNLùL
YHPHNDQODUÔDQODWÔ\RUXP'HGLöLP
JLELNLWDSODUÔPGDVUHNOLG|QHP
DQODWÔ\RUXPµO\ÔOODUGDQEX
]DPDQDNDGDURODQG|QHPOHULDQODWÔUÔP%XQODUÔQELUoRöXQXHOEHWWH
NLDLOHE\NOHULPLQKLND\HDQODWÔFÔOÔöÔQDERUoOX\XP2QODUDQODWPDVD\GÔEHQRG|QHPOHULELOHPH]GLP
%LU\DQGDQGDLQWHUQHWWHQ
DUDùWÔUPDODU\DSDUDNHVNLG|QHPOHUL\D]Ô\RUXP$\QÔ]DPDQGD
DNDGHPLNNLWDSODUGD\D]PD\D
oDOÔùÔ\RUXP%XQODUGDQELULGH´$YUXSD%LUOLöLµQH7UNL\HµGHNL6L\DVL
3DUWLOHULQ%DNÔùÔµª\ÔOÔQGD
$QNDUDhQLYHUVLWHVL6RV\DO%LOLPOHU
(QVWLWVµQGH´(UPHQL6RUXQXQD7UNL\HµGHNL6L\DVL3DUWLOHULQ
%DNÔùÔµNRQXOX\NVHN
OLVDQVWH]LQLELWLUGLP
\ÔOODUÔDUDVÔQGD´ER\DEDWJD]HWHVLFRPµDGOÔLQWHUQHWVLWHVLQGH
%R\DEDWµÔQµOHULQEDùÔQGDQLWLEDUHQVRV\DOWDULKLQL\D]GÔP
\ÔOÔQGDELUVUH´PHG\DKDQHVL
FRPWUµLQWHUQHWVLWHVLQGHVH\DKDW
\D]ÔODUÔYH\ÔOÔQGDGDLNLQFL
NLWDEÔP´%DONDQODUµGDQ$QDGROXµ\D
(YYHO=DPDQ+LND\HOHULµQL\D]GÔP
+D\DWÔPVUHNOLGHUVYHUPHNYH
\D]PDNODJHoWL2QG|UW\ÔOIDNOWHOHUGHG|UW\ÔOGD$7$80µGD
WRSODPRQVHNL]\ÔOGHUVYHUGLP³
g<.h<$=$5/,õ,µ1'$1
7(/(9÷=<21$
2NXWPDQOÔN|\N\D]DUOÔöÔ
JD]HWHOHUGHVH\DKDW\D]ÔODUÔ
GHUNHQWHOHYL]\RQSURJUDPODUÔ
QDGDEDùOD\DQ'DöFÔEXQXGD
ù|\OHDQODWÔ\RU
²%XQODUÔQ\DQÔVÔUD]DWHQDODQÔP
GDRODQURPDQODUÔELUGHWHOHYL]\RQDWDùÔPDIÔUVDWÔPROGX.DQDO%
GH
´.LWDS'Q\DVÔµDGÔQGDELUSURJUDP
\DSÔ\RUXP´'Q\D(GHEL\DWÔQGD
.ODVLNOHUGHQ6HoPHOHUµDGOÔELU
E|OPPYDU%XUDGDELU\D]DU
ELUGHHVHULQLVHoHUHNRQXQODLOJLOL
GHöHUOHQGLUPHOHUGHEXOXQX\RUXP
EXQODUÔ\DSPDNWDQE\NELUNH\LI
DOÔ\RUXP.HQGLELOGLNOHULPLLQVDQODUDDQODWPD\ÔYH\HQLùH\OHU
|öUHQPH\LoRNVHYL\RUXP³
=HUULQ'DöFÔLOH
\ÔOODUÔDUDVÔQGD÷VWDQEXOµGDJHoHQ
ELUDùN|\NVLOH0ONL\HWDULKLYH
PH]XQODUԁ]HULQHLNLNLWDSKD]ÔUOÔöÔ
LoLQGHROGXöXQXEHOLUWWL+DOHQ$QNDUDhQLYHUVLWHVL$7$80µGD÷QJLOL]FHRODUDN´$YUXSD%LUOLöLµQGH*QFHO*HOLùPHOHUµEDùOÔNOÔVHPLQHUOHU
VXQDQ'DöFÔSURWRNROYHLOHWLùLP
DODQÔQGDGHUQHNYHNXUXOXùODUDGD
oHùLWOLVHPLQHUOHUYHUL\RU
7
6$$7(.2120÷
$õ867263$=$57(6÷
9RGDIRQHIDWXUDV®]i®WHUFLKHWWL%0:LiQLQVDKLELROGX
+$%(50(5.(=÷÷67$1%8/°'LMLWDOEDöODQWÔOÔ\DùDPÔ
ELUH\OHULoLQNROD\YHHULùLOHELOLUNÔOPD\ÔKHGHIOH\HQ9RGDIRQHIDWXUDVÔ]DERQHOHULQHKHU7/\NOHPHOHULQGH\]OHUFH
KHGL\HND]DQPDùDQVÔVXQPD\DGHYDPHGL\RU9RGDIRQHµXQ
VRQRODUDN0DUW1LVDQWDULKOHULDUDVÔQGDG]HQOHGLöL
YHIDWXUDVÔ]DERQHOHUH\DSWÔNODUÔKHU\NOHPHNDUùÔOÔöÔQGD
HQD]ELUoHNLOLùKDNNÔND]DQGÔUDQNDPSDQ\DVÔVRQXoODQGÔ
%XQDJ|UHKHU7/LoLQELUoHNLOLùKDNNÔND]DQDQ9RGDIRQH
)DWXUDVÔ]KDWVDKLSOHULDUDVÔQGD0LOOL3L\DQJRLGDUHVLWDUDIÔQGDQWDULKLQGH\DSÔODQoHNLOLùOHWDOLKOL%0:
LRWRPRELOWDOLKOLL3KRQHVDNÔOOÔWHOHIRQND]DQGÔ
.DPSDQ\DQÔQE\NLNUDPL\HVLRODQ%0:LRWRPRELOLND]DQDQWDOLKOL\HYHNDOHWHQ6HUFDQ.HVHU9RGDIRQH3OD]DµGD
G]HQOHQHQW|UHQOHDUDFÔQÔWHVOLPDOGÔ
9RGDIRQHRODUDNPùWHULOHULQLQLKWL\DoODUÔQÔNDUùÔODUNHQ
RQODUDKHUGDLP\HQLIÔUVDWODUVXQPD\ÔKHGHIOHGLNOHULQLEHOLUWHQ9RGDIRQH7UNL\H÷FUD.XUXOX%DùNDQ<DUGÔPFÔVÔ(QGHU
%XUXNDUDFÔWHVOLPHGHUNHQùXQODUÔV|\OHGL
²9RGDIRQH7UNL\HRODUDNDERQHOHULPL]LQLOHWLùLPLKWL\DoODUÔQÔDYDQWDMOÔWDULIHYHSDNHWOHUOHNDUùÔODUNHQRQODUDVUHNOL
ND]DQGÔUDQNDPSDQ\DODUG]HQOHPH\HGHYDPHGL\RUX]
2GDöÔQDPùWHULPHPQXQL\HWLQL\HUOHùWLUGLöLPL]WPIDDOL\HWOHULPL]GHDERQHOHULPL]LQEHNOHQWLYHLKWL\DoODUÔQÔHNVLNVL]
NDUùÔODPD\D|]HQJ|VWHUL\RUX]%XDYDQWDMOÔNDPSDQ\DODUÔPÔ]DELU\HQLVLQLGDKDHNOH\HUHN9RGDIRQH)DWXUDVÔ]KDW
VDKLELDERQHOHULPL]H\DSWÔNODUÔKHU\NOHPHGH\]OHUFH
KHGL\HND]DQGÔUDQELUNDPSDQ\DG]HQOHGLNYHELUDERQHPL]L
GDKDRWRPRELOVDKLEL\DSWÔN0LOOL3L\DQJR÷GDUHVLWDUDIÔQGDQ
JHUoHNOHùWLULOHQoHNLOLùLPL]VRQXFXQGDNLùL\H%0:LRWRPRELOYHNLùL\HGHL3KRQHVDNÔOOÔWHOHIRQKHGL\HHWWLN
Enerji tüketimimiz
ˤ˟ɴĂĶ_ŘǣĂĶ_sÀÞǵǼÞʷ
Metin
TÜRKYILMAZ
ÌǼǼƼʲˀˀŎsǼÞŘǼȖNjĨɴÞĶŎʊʳEĶŸ¶ǣƼŸǼʳOŸŎʳǼNj
$YDQWDML[FRP.XUXFX2UWDöÔ*oO.D\UDO
²+HUKDQHGHQVHNL]LLQWHUQHWHULùLPLQH
VDKLS*YHQOLNND\JÔODUÔJLGHULOLUDYDQWDMODUÔ
L\LDQODWÔOÔUVDHWLFDUHWLQ\]GHE\PH
SRWDQVL\HOLYDU³
(WLFDUHWjHVNL
P«°WHUL\OHk
UHNRUN®U®\RU
+$%(50(5.(=÷÷67$1%8/7UNL\HµGHRQOLQH
DOÔùYHULù\DSDQNLùLOHULQRUDQÔ\ÔOÔQGDVDGHFH
\]GHDUWDUNHQSD]DUGDNLE\PH2FDN+D]LUDQ
G|QHPLQGH\]GHµD\DNODùWÔ
78÷.µLQ+DQH+DONÔ%LOLùLP7HNQRORMLOHULQL.XOODQÔP
$UDùWÔUPDVÔµQDJ|UH\ÔOÔQGD\]GHRODQ
LQWHUQHWWHQPDOYHKL]PHWVLSDULùLYHUHQ\DGDVDWÔQ
DODQODUÔQRUDQÔEX\ÔOVDGHFH\]GHDUWDUDNµH
\NVHOGL
.DGÔQRQOLQHDOÔùYHULùPùWHULOHULQLQRUDQÔQÔQ
µGDGDJHoHQ\ÔOROGXöXJLEL\]GHµGD
NDODUDNKLoGHöLùPHGLöLQLQRUWD\DoÔNWÔöÔDUDùWÔUPD\D
J|UH\HQLPùWHULOHULQWDPDPÔQÔHUNHNOHUROXùWXUGX
'LMLWDOSD]DUODUGDDOÔùYHULù\DSDQHUNHNOHULQRUDQÔ
\ÔOÔQGD\]GHLNHQµGDEXRUDQ\]GHµH
\NVHOGL
(6.÷0hø7(5÷/(5/(5(.25
7UNL\HµQLQDOÔùYHULù\DSDQKHUNHVHSDUDGDöÔWDQ
LONFDVKEDFNVLWHVL$YDQWDML[FRPµXQNXUXFXRUWDöÔ
*oO.D\UDOPùWHULVD\ÔVÔD\QÔNDOVDGDµQÔQ
2FDN0DUWG|QHPLQLNDSVD\DQLONoH\UHöLQGH\]GH
E\\HQRQOLQHDOÔùYHULùVHNW|UQQLNLQFLoH\UHNWH
GHKÔ]NHVPHGLöLQLELOGLUGL
.D\UDO²2FDN+D]LUDQG|QHPLQGHLQWHUQHWWHQNDUWOD|GHPHVL\DSÔODQHWLFDUHWPLO\DUOLUD\D\DNODùWÔ
%XGD\]GHµD\DNÔQE\PHGHPHNWLU\ÔOÔQÔQ
GDKDDOWÔQFÔD\ÔQGD\ÔOÔQÔQWDPDPÔQD\DNÔQ
PLNWDUGDRQOLQHDOÔùYHULù\DSÔOGÔ%XGD\ÔOVRQXQGDNÔUÔODFDNWDULKLUHNRUODUÔQKDEHUFLVLGLU9HWPEXUHNRUODU
HVNLPùWHULOHULOHNÔUÔOÔ\RU³GL\HNRQXùWX
²<h='(%h<h0(327$16÷<(/÷ª³
78÷.YHULOHULQHJ|UH7UNL\HµGHKHUKDQHGHQ
VHNL]LQLQLQWHUQHWHULùLPLQHVDKLSROGXöXQXDQÔPVDWDQ.D\UDOùXQODUÔV|\OHGL²%XUDNDPODUONHPL]GH
\DNODùÔNPLO\RQNLùLQLQHWLFDUHWVHNW|UQQ
SRWDQVL\HOPùWHULVLROGXöXQXJ|VWHUL\RU%XQDNDUùÔQ
RQOLQHDOÔùYHULùVLWHOHULQLQDNWLINXOODQÔFÔVD\ÔVÔKHQ]
PLO\RQFLYDUÔQGD$\QÔDUDùWÔUPD\DJ|UH7UNKDONÔ
LQWHUQHWWHQDOÔùYHULù\DSPDPDVÔQÔQJHUHNoHOHULDUDVÔQGD|GHPHOHUVÔUDVÔQGDNLJYHQOLNND\JÔODUÔ\]GH
LOHWHVOLPDWODUGD\DùDQDQVÔNÔQWÔODUÔ\]GH
J|VWHUL\RU%DQNDODUÔQX\JXODGÔöÔJYHQOLNVLVWHPOHUL
YHNDSÔGD|GHPHVHoHQHNOHULQLQ\D\JÔQODùPDVÔ\ODEX
ND\JÔODUDUWÔNVRQDHUL\RU<DQL7UNL\HµGHHWLFDUHWLQ
\]GHE\PHSRWDQVL\HOLYDU³
7UNL\HµGHNLELUEDùNDVRUXQXQVDQDODOÔùYHULùOHULQ
DYDQWDMODUÔQÔQWDPRODUDNELOLQPHPHVLROGXöXQXYXUJXOD\DQ.D\UDOHWLFDUHWLQDYDQWDMODUÔQÔGDù|\OHVÔUDODGÔ
=DPDQVÔQÔUODPDVÔ\RN(WLFDUHWLQHQE\NDUWÔODUÔQGDQELULJQQKHUVDDWLYH\ÔOÔQKHUJQDOÔùYHULù
\DSÔODELOPHVL
+HU\HUGHQDOÔùYHULù\DSPDIÔUVDWÔ2QOLQHDOÔùYHULùWHWNHWLFL\DùDGÔöÔùHKLUGHKDWWDONHGHEXODPDGÔöÔ
UQOHUHLQWHUQHW]HULQGHQXODùDELOL\RU
*HQLùUQ\HOSD]HVL÷QWHUQHWWHQDOÔùYHULùLQELU
DYDQWDMÔGDLQVDQODUÔQLKWL\DoGX\GXNODUÔKHUUQYH
KL]PHWHXODùÔODELOPHVL
(QX\JXQIL\DW÷QWHUQHWWHIL\DWDUDùWÔUPDVÔ\DSPDNVRQGHUHFHNROD\ROGXöXQGDQDUDQÔODQELUUQ
HQX\JXQIL\DWODVDWÔQDODELOPHNPPNQ$\UÔFD
HWLFDUHWVLWHOHULQGHQDOGÔöÔED\LOLNNRPLV\RQXQXPùWHUL\HDNWDUDQ\DQLDOÔùYHULù\DSDQDSDUDYHUHQ$YDQWDML[FRPJLELFDVKEDFNVLWHOHULRQOLQHDOÔùYHULùOHULQ
EHQ]HUVL]ùHNLOGHXFX]DJHOPHVLQLVDöOÔ\RU%X\]GHQ
÷QJLOWHUH$%'$OPDQ\DJLELONHOHUGHRQOLQHDOÔùYHULùOHULQoRöXFDVKEDFNVLWHOHUL]HULQGHQ\DSÔOÔ\RU
.DODEDOÔNWDQX]DNDOÔùYHULù(WLFDUHWDOÔùYHULù
PHUNH]LQLQoDUùÔSD]DUÔQNDUPDùDVÔQGDQNDODEDOÔöÔQGDQNDoDQODUDGDoDUHROX\RUg]HOOLNOHPDöD]D
GRODùPD\ÔVHYPHGLöLDUDùWÔUPDODUODNDQÔWODQDQHUNHN
WNHWLFLOHULOHDOÔùYHULùHD\ÔUDFDN]DPDQÔROPD\DQ
NLùLOHULGHEXGHUWWHQNXUWDUÔ\RU
(QHUMLWNHWLPLQLQVDQD\LOHùPH\OHGRöUXGDQ
EDöODQWÔVÔYDU3HWUROYH\DGRöDOJD]]HQJLQLONHOHU
KDULoDGÔQÔELOPHVHQL]GHNLùLEDùÔQDHQHUMLWNHWLPLQGHQRONHQLQVDQD\LOHùPLùELUONHROXSROPDGÔöÔQÔDQOD\DELOLUVLQL]
øLPGLJQP]GHQWHNQRORMLDoÔVÔQGDQEDNDUVDQÔ]oRNoRNHVNLELUWDULKH\ÔOÔQDNDGDU
JLGHUVHNHQHUMLWNHWLPLQLQQHUHGH\VHWDPDPHQ
VDQD\LOHùPLùONHOHULQWHNHOLQGHROGXöXQXJ|UU]
%3µQLQHQHUMLUDSRUXQDJ|UH\ÔOÔQGDWRSODP
ELULQFLOHQHUMLWNHWLPL$%'µGHPLO\DUPLO\RQ
WRQSHWUROHùGHöHUL7(36RY\HWOHU%LUOLöLµQGH
PLO\RQ7(3EDWÔYHGRöX$OPDQ\DWRSODPÔ
RODUDNPLO\RQ7(3%LUOHùLN.UDOOÔNµWD
PLO\RQ7(3LNHQdLQµGH+LQGLVWDQµGD
PLO\RQ7(3G]H\LQGHNDOÔ\RU.RFDdLQWRSODPGD
$OPDQ\DµQÔQQHUHGH\VH\DUÔVÔNDGDUHQHUMLWNHWLPL\OH\HWLQLUNHQ+LQGLVWDQµÔQWNHWLPL$OPDQ\DµQÔQ
EHùWHELULQLDQFDNEXOX\RU
÷ùLQLOJLQo\DQÔQIXVXRWDULKWHPLO\RQ
RODQ7UNL\HµQLQWRSODPELULQFLOHQHUMLWNHWLPLQLQ
VDGHFHPLO\RQ7(3µGHNDOPDVÔNLEXQXQLoLQGH
KDPSHWUROWDùN|PUOLQ\LWKLGUROLNJLELEWQ
ELULQFLOHQHUMLND\QDNODUÔYDU%XUDNDPRNDGDU
\HWHUVL]NLR]DPDQNL0ÔVÔUµÔQWNHWLPLGHEXNDGDU
%XOJDULVWDQµÔQWNHWLPLQGHQPLO\RQ7(3LVH
\]GHGDKDD]2WDULKWHJHOLùPLùELUONHROPD\DQJHUoLùLPGLGH|\OH'RöX%ORNX\HVL5RPDQ\DPLO\RQ7(3LOH7UNL\HµQLQoNDWÔQGDQID]ODHQHUMLWNHWL\RU7UNL\HµQLQELULQFLOHQHUMLWNHWLPL
$%'µQLQELQGHµVÔQGDNDOÔ\RU$OPDQ\D7UNL\HµQLQ
NDWÔELULQFLOHQHUMLWNHWL\RU
'XUXPXPX]EXNDGDUYDKLPPLù'HPHNNL
\ÔOÔQGD7UNL\HµQLQGRöUXGUVWELUVDQD\LVL\RN
hUHWLPWDPDPHQNROYHKD\YDQJFQHGD\DQÔ\RU
PDNLQHOHùPH\RNGHQHFHNNDGDUD]dRND]HYGH
HOHNWULNYDUHOHNWULNOLHYDOHWLNXOODQÔPÔVRQGHUHFH
\HWHUVL]6DQNLoRNoRNHVNLELUWDULKWHQEDKVHGL\RU
JLEL\L]DPDWRSXWRSX\ÔO|QFHVLYHONHQHUHGH\VHHQHUMLGHQELKDEHU
$VOÔQGDRWDULKWHQJQP]HJHOGLöLPL]GHHQHUML
WNHWLPGHNLDUWÔùÔL]OHGLöLPL]GHONHQLQNDWHWWLöLPHVDIH\LGHJ|U\RUX]gUQHöLQ%XOJDULVWDQµÔQELULQFLO
HQHUMLWNHWLPLG|QHPLQGH\]GH
DUWDUDNPLO\RQ7(3µGHQPLO\RQ7(3µH
5RPDQ\DµQÔQNL\]GHDUWÔùODPLO\RQ
7(3µGHQPLO\RQ7(3µHoÔNDUNHQ7UNL\HµQLQ
ELULQFLOHQHUMLWNHWLPLNDWDUWÔùODPLO\RQ
7(3µGHQPLO\RQ7(3µHoÔNWÔ7UNL\HGQ\D
ELULQFLOHQHUMLWNHWLPLLoLQGHNLSD\ÔQÔGDNDWDUWÔùPÔùYH\]GHµGHQ\]GHµH\NVHOWPLùGXUXPGD7DELL%XOJDULVWDQ5RPDQ\DR]DPDQNLDGÔ\OD
dHNRVORYDN\DùLPGLNLdHN\DYH6ORYDN\DµGDQ
ROXùX\RUGX3RORQ\D0DFDULVWDQHVNL6RY\HWONHOHUL\ÔOÔQGDDöÔUVDQD\L\HGD\DQDQELUHNRQRPL\HVDKLSYHWDVDUUXIWDQELKDEHUROGXNODUÔLoLQ
JHUHöLQGHQID]ODHQHUMLWNHWL\RUODU+DWWDKDWWDID]OD
WNHWL\RUODIÔGD\HWHUVL]NDOÔUUHVPHQLVUDIHGL\RUODU
øLPGLOHUGH÷UDQ6XXGL$UDELVWDQ.XYH\W%LUOHùLN
$UDS(PLUOLNOHUL.DWDUJLELSHWURO]HQJLQLONHOHULQ
\DSWÔNODUÔJLEL
+HPHQKHU]DPDQHQHUMLVÔNÔQWÔVÔoHNHQ7UNL\H
EXUDKDWÔKLoELU]DPDQ\DNDOD\DPDGÔ'HYOHWLQKHP
JHOLUHOGHHWPHNKHPGHHQHUMLIDWXUDVÔQÔGùUPHNLoLQX\JXODGÔöÔoRN\NVHNYHUJLOHUQHGHQL\OH
GQ\DQÔQHQSDKDOÔIL\DWODUÔQGDQHQHUMLNXOODQPD\D
\ÔOODUFDGHYDPHWWL<LQHGHHQHUMLWNHWLPLHNRQRPLNJHOLùPH\OHELUOLNWH]RUXQOXRODUDNDUWWÔ
g\OHNL7UNL\H%3UDSRUXQGD\HUDODQONH
LoLQGH\ÔOOÔNVUHGHWRSODPELULQFLOHQHUMLWNHWLPLQLHQID]ODDUWÔUDQµQFONHROGX6ÔUDODPDGD
7UNL\Hµ\LJHoHQ%LUOHùLN$UDS(PLUOLNOHUL.DWDU÷UDQ
(QGRQH]\D&H]D\LU(NYDGRUµXGÔùDUÔGDWXWPDNJHUHNLUoQNEXONHOHUSHWURO]HQJLQLONHOHU+DWWD
0DOH]\DGDSHWUROWNHWLPLQLQ\]GHµLQLNDUùÔOÔ\RU
%XQODUÔGÔùDUÔGDWXWDUVDNWRSODPELULQFLOHQHUMLWNHWLPOHULQL7UNL\HµGHQID]ODDUWÔUDQONHOHU7D\ODQG
*QH\.RUH9LHWQDPdLQ6LQJDSXU7D\YDQ7DELL
7D\ODQGµGDNLDUWÔùGD\ÔOÔQGDONHQLQHQHUML
WNHWLPLQLQQHUHGH\VHGLSWHROPDVÔQGDQND\QDNODQDQELUGXUXPg]HOOLNOH*QH\.RUHdLQ6LQJDSXU
7D\YDQVRQUDVÔQGDGQ\DQÔQHNRQRPLGHHQ
KÔ]OÔE\\HQYHVDQD\LOHùHQONHOHUL9LHWQDPGD
VRQ\ÔOÔQHQKÔ]OÔE\\HQONHOHULDUDVÔQGD
EXOXQX\RU.ÔVDFDHQHUMLWNHWLPOHULQGHNLDUWÔùERùD
GHöLOVHEHELYDURVHEHSGHVDQD\LOHùPHª
3HNLVDQD\LOHùHQONHOHUQH\DSPÔù"µOHUGH\DùDQDQSHWURONUL]OHULQLQGHHWNLVL\OHKÔ]OD
HQHUMLWDVDUUXIXQDJLWPLùOHU7HNQRORML\RöXQHQHUML
WNHWLPLD]VHNW|UOHUHDöÔUOÔNYHUPLùOHU$öÔUVDQD\L\L
JHOLùPHNWHRODQONHOHUH\|QOHQGLUPLùOHU%XJQ
GQ\DoHOLNUHWLPLQLQQHUHGH\VH\DUÔVÔQÔQdLQµGH
JHUoHNOHùWLULOPHVLoLPHQWRIDEULNDODUÔQÔQJHOLùPLù
ONHOHUGHQD]JHOLùPLùONHOHUHND\GÔUÔOPDVÔERùXQD
GHöLO$PDoHQHUMLWNHWLPLQLHQD]DUWÔUDUDNYH\D
\HULQGHVD\GÔUDUDNHNRQRPLNE\PH\LVUGUPHN
G|QHPLQGHELULQFLHQHUMLWNHWLPLQGHNL
DUWÔùµLQGHHQ]HQJLQONHOHULQGHQ÷VYLoUHµGH
\]GH$%'µGH\]GH÷VYHoµWH\]GH
%HOoLNDµGD\]GH$OPDQ\DµGD\]GH
'DQLPDUNDµGD\]GHµGHNDOPÔù%XDUWÔù
RWDULKWHJHOLùPLùOLNWHEXONHOHULQJHULVLQGHRODQ
$YXVWXU\DµGD\]GHROPXù<LQH\ÔOÔQGDJ|UHFHWDUÔPDöÔUOÔNHNRQRPL\HVDKLS)UDQVDµGD
\]GH÷WDO\DµGD\]GHG]H\LQGH
JHUoHNOHùPLù*HOLùPLùONHOHULoLQGHWRSODPELULQFLO
HQHUMLWNHWLPLQLEXQODUDJ|UHoRNGDKDID]ODDUWÔUDQ
-DSRQ\D÷VSDQ\D1RUYHo)LQODQGL\D<HQL=HODQGD
YH÷UODQGDµGD\ÔD\UÔGHöHUOHQGLUPHNJHUHNL\RU%X
ONHOHUGHQ.DQDGD+ROODQGD$YXVWUDO\DµGDFLGGL
QIXVDUWÔùODUÔGLNNDWLoHNL\RU$\UÔFD.DQDGDSHWURO
$YXVWUDO\DN|PU+ROODQGDGRöDOJD]]HQJLQL
ONHOHU-DSRQ\D÷VSDQ\D)LQODQGL\DYH÷UODQGD
G|QHPLQGHHNRQRPLGHQHUHGH\VHoDö
DWODGÔODUYH|]HOOLNOH-DSRQ\D)LQODQGL\DYH÷UODQGD
$OPDQ\DYH÷QJLOWHUHJLELONHOHUOHDUDODUÔQGDNLHNRQRPLNJHOLùPLùOLNIDUNÔQÔ\RNHWWLOHU+HP-DSRQ\D
KHP÷VSDQ\DKHPGH÷UODQGD\ÔOÔQGDEÔUDNÔQ
$OPDQ\Dµ\Ô÷WDO\DVHYL\HVLQGHELUHNRQRPL\HELOH
VDKLSGHöLOOHUGL+Ô]OÔHNRQRPLNE\PHHQHUMLWNHWLPLQGHGHKÔ]OÔDUWÔùDVHEHSROGX<HQL=HODQGD
HQHUMLWNHWLPLQGH$YXVWUDO\DJLELELUHöLOLPJ|VWHUPHNWHGLU1RUYHoµLQGHSHWURO]HQJLQLROGXöXQXVRQ
\ÔOGDoRNKÔ]OÔE\PH\OHGQ\DQÔQHQ]HQJLQ
ONHOHULQGHQELULKDOLQHJHOGLöLQLGHXQXWPDPDN
JHUHNLU
÷ùLQHVDVLOJLQo\DQÔGD%LUOHùLN.UDOOÔNµWDJ|UO\RUdQN\ÔOÔQGDPLO\RQ7(3
WRSODPELULQFLOHQHUMLWNHWLPLRODQ%LUOHùLN.UDOOÔN
µHJHOLQGLöLQGHQIXVDUWÔùÔQDHNRQRPLVLQGHNL
E\NJHOLùPH\HUDöPHQELULQFLOHQHUMLWNHWLPLQL
\]GHD]DOWPÔùYHPLO\RQ7(3µHLQGLUPLù
GXUXPGD\ÔOÔQGDdLQµLQNDWÔ)UDQVDµQÔQLNL
NDWÔQD\DNÔQHQHUMLWNHWHQ%LUOHùLN.UDOOÔNQH\DSWÔ
GDHQHUMLWNHWLPLQLD]DOWWÔ"
%XGD%LUOHùLN.UDOOÔNµÔQQDPÔGLöHU÷QJLOWHUHµQLQ
oRNID]ODHQHUMLWNHWHQVDQD\LOHùPHGHQX]DNODùPDVÔ\ODDoÔNODQDELOLU÷QJLOWHUHDöÔUVDQD\LGHQ
X]DNODùPÔùGXUXPGD(NRQRPLVLQLKL]PHWVHNW|UQH
\RöXQODùWÔUGÔEDQNDFÔOÔNVLJRUWDFÔOÔNJLELILQDQV
VHNW|UQHLODoJLELWÔEELUQOHUHHöLWLPHVDYXQPD
VDQD\LJLEL\NVHNWHNQRORML\HDöÔUOÔNYHUGL÷PDODW
VDQD\LUQNDo÷QJLOL]PDOÔVD\DELOLUVLQL]
6RQXoWD÷QJLOWHUHE\NEDQNDODUÔVLJRUWD
ùLUNHWOHULERUVDODUÔVDYXQPDVDQD\LILUPDODUÔIXWERO
NXOSOHULLODoILUPDODUÔSHWUROEX\D]ÔQÔQND\QDöÔRODQ%3GH÷QJLOWHUHoÔNÔùOÔELUNUHVHOHQHUML
ILUPDVÔGÔUHQHUMLùLUNHWOHULPKHQGLVOLNWDDKKW
ILUPDODUÔELOJLWHNQRORMLùLUNHWOHULPHG\DUHNODP
VHNW|UONVPDUNDODUÔ\ODHQHUML\LD]WNHWHQDPD
SDUD\ÔoRNND]DQDQELUONHKDOLQHJHOGL%XQXQELU
VRQXFXRODUDNHNRQRPLVLLPDODWVDQD\LQHGD\DQDQ
$OPDQ\DµGDQoRNGDKDD]ELULQFLOHQHUMLWNHWL\RU
DPDRQXQGDNDGDUKDWWDGDKDID]ODPLOOLJHOLU\DUDWDELOL\RU7UNL\HµQLQGHùDSNDVÔQÔ|QQHNR\PDVÔ
YHELUGDKDGùQPHVLJHUHNL\RUøXNHVLQ(QHUML
HQ|QHPOLVRUXQODUÔPÔ]GDQELULgQHPOLoQNEL]H
ED\DöÔELUSDUD\DPDOROX\RU\ÔOÔQGDQEX\DQD
\XUWGÔùÔQDPLO\DUGRODU|GHGLöLPL]NDoUQYDU
NL".DoDUÔ\RN|QP]GHLNLVHoHQHNYDU<DGDKD
XFX]YH\HUOLND\QDNODUODGDKDID]ODHQHUMLUHWLS
LPDODWVDQD\LWHPHOOLHNRQRPLNJHOLùPHPL]LGHYDP
HWWLUHFHöL]\DGD÷QJLOWHUHµQLQ\DSWÔöÔQÔ\DSDFDöÔ]
%DQD÷QJLOWHUHµQLQ\DSWÔöÔQÔ\DSPDN]RUJLELJHOL\RU$OPDQ\D)UDQVDELOH\DSDPDGÔ\VDEL]QDVÔO
\DSDFDöÔ].DOÔ\RUWHNVHoHQHNRGDLPDODWVDQD\L
DöÔUOÔNOÔE\PHNhUHWLPHNRQRPLVL%XGDHQHUML
LVWL\RU
7«UNL\H
QLQHOHNWULN
LWKDODW®\«]GHD]DOG®
$1.$5$$$÷WKDODWÔQD]DOPDVÔQGDVRQ
G|QHPGHHOHNWULNUHWLPLQGH\HUOLYH\HQLOHQHELOLU
HQHUMLND\QDNODUÔQDDöÔUOÔNYHULOPHVLHWNLOLROGX
*HoHQ\ÔOÔQLONDOWÔD\ÔQGD<XQDQLVWDQ%XOJDULVWDQ*UFLVWDQYH÷UDQ
GDQPLO\DUPLO\RQ
ELQNLORYDWVDDWHOHNWULNVDWÔQDOÔQGÔ%X\ÔOÔQ
LON\DUÔVÔQGDV|]NRQXVXPLNWDU\]GHD]DODUDNPLO\DUPLO\RQELQNLORYDWVDDWH
GùW
*HoHQ\ÔOÔQLON\DUÔVÔQGD7UNL\H
QLQHOHNWULNLWKDODWÔLoLQ|GHGLöLWXWDUPLO\RQELQGRODUÔ
EXOXUNHQEX\ÔOÔQD\QÔG|QHPLQGHNRPùXODUGDQ
DOÔQDQHOHNWULNLoLQ|GHQHQPLNWDU\]GHD]DOGÔ
www.24saatgazetesi.com
YHV|]NRQXVXUDNDPPLO\RQELQGRODUD
JHULOHGL%|\OHFHEXG|QHPGHPLO\RQ
ELQGRODUONHLoLQGHNDOGÔ%X\ÔOHQID]ODHOHNWULN
RFDND\ÔQGDDOÔQGÔ6|]NRQXVXD\GD%XOJDULVWDQ
YH<XQDQLVWDQ
GDQPLO\RQELQNLORYDWVDDWOLNHOHNWULNLWKDOHGLOGL%XPLNWDULoLQPLO\RQ
ELQGRODU|GHQGL
<ÔOÔQLONDOWÔD\ÔQGDHQID]ODHOHNWULNLWKDODWÔ\DSÔODQONH%XOJDULVWDQROGX%XG|QHPGH
%XOJDULVWDQ
GDQLWKDOHGLOHQHOHNWULNPLNWDUÔ
PLO\DUPLO\RQELQNLORYDWVDDWHXODùWÔ%X
PLNWDULoLQONH\HPLO\RQELQGRODU|GHPH
\DSÔOGÔ
8
6$$7(.2120÷
$õ867263$=$57(6÷
,VODKDPDžO®KD\YDQ\HWL°WLULFLELUOLNOHULQHG«]HQOHPH
$1.$5$$$+D\YDQJHQND\QDNODUÔQÔQ
NRUXQPDVÔDUDùWÔUÔOPDVÔWHVSLWLÔVODKÔJHOLùWLULOPHVL\D\JÔQODùWÔUÔOPDVÔYHSD]DUODQPDVÔNRQXODUÔQGDIDDOL\HWJ|VWHUPHNDPDFÔ\ODJHUoHNYH\D
W]HONLùL\HWLùWLULFLOHUWDUDIÔQGDQELUOLNOHUNXUXODELOHFHN
*ÔGD7DUÔPYH+D\YDQFÔOÔN%DNDQOÔöÔQÔQ
,VODK$PDoOÔ+D\YDQ<HWLùWLULFL%LUOLNOHULQLQ.XUXOPDVÔYH+L]PHWOHUL+DNNÔQGD<|QHWPHOLöL5HVPL
*D]HWH
GH\D\ÔPODQDUDN\UUOöHJLUGL
<|QHWPHOLNLOHKD\YDQJHQND\QDNODUÔQÔQ
NRUXQPDVÔDUDùWÔUÔOPDVÔWHVSLWLÔVODKÔJHOLùWLULOPHVL\D\JÔQODùWÔUÔOPDVÔYHSD]DUODQPDVÔNRQXODUÔQGDIDDOL\HWJ|VWHUPHNDPDFÔ\ODNR\XQYHNHoL
LQHOHNWULNOLDUDž
WHNQRORMLVLQGH
OLGHUOL³HR\QX\RU
dLQµGHJHoHQ\ÔOHOHNWULNOLDUDoVDWÔùÔ
\DSÔOGÔKNPHW\ÔOÔQGDPLO\RQDUDFÔQ
VDWÔùÔQÔKHGHIOL\RU%X\ÔOÔQLOD\OÔNG|QHPLQGH
LVHHOHNWULNOLYHKLEULGRODUDNWRSODPGDELQ
DUDoVDWÔùÔJHUoHNOHùWL%XDUDoODUÔQELQLHOHNWULNOLELQLLVHKLEULGDUDoODUGDQROXùX\RUdLQµL
LVHWRSODPELQDUDoVDWÔùÔLOH$%'L]OL\RU
dLQµLQHOHNWULNOLDUDoJHOLùWLUPHVWUDWHMLVLVDGHFH
oHYUHVHOVRUXQODUÔQD]DOWÔOPDVÔQÔYHLWKDOHQHUML
EDöÔPOÔOÔöÔQGDQNXUWXOPD\ÔNDSVDPÔ\RUEXQXQ
\DQÔQGD\HQLJHOLùPHNWHRODQEXVHNW|UGHNUHVHO
UDNLSOHULQLQ|QQHJHoPH\LGHKHGHIOL\RUdLQµLQ
VWUDWHMLVL\XNDUGDQDùDöÔ\DGRöUX\|QOHQGLULOHQELU
\DNODùÔPDVDKLS\DQLGHYOHWWHNQRORMLQLQJHOLùWLULOPHVLQGHEHOLUOH\LFL
0HUNH]LKNPHW$U*HµGHQUHWLPHVDWÔùD
ùDUMLVWDV\RQODUÔQÔQNXUXOPDVÔQDNDGDUVLVWHPLQ
KHUDùDPDVÔQÔGHVWHNOL\RU%XQHGHQOHELUoRN
dLQOLRWRPRELOUHWLFLVLGHYOHWLQGHVWHöLLOHHOHNWULNOLDUDoODULoLQDUDùWÔUPD\DWÔUÔPÔ\DSÔ\RU.DPX
WHGDULNLQHGD\DOÔWDOHS\|QOWHNQRORMLSROLWLNDODUÔ
VHNW|UQJHOLùPHVLQGH\DùDPVDOELU|QHPHVDKLS
gUQHöLQ\ÔOÔQGD1DWLRQDO*RYHUQHPHQW
2IILFHVµLQDoÔNODGÔöÔSODQDJ|UH\ÔOÔQDNDGDU
NDPXDOÔPODUÔQÔQHQD]µXHOHNWULNOLDUDoODUGDQ
ROXùDFDN%XRUDQ\ÔOÔQGDQVRQUDGDKDGD
\NVHOWLOHFHN'LöHUWDUDIWDQGDDUDoEDùÔQDYHULOHQWHùYLNOHUWDOHELQROXùWXUXOPDVÔQGD|QHPOLELU
UROVWOHQL\RU0HUNH]LKNPHWWDUDIÔQGDQYHULOHQ
PDNVLPXPWHùYLN\XDQ\DGDGRODU
<HUHOKNPHWOHULQX\JXODGÔNODUÔWHùYLNOHUùHKLUOHUGHQùHKLUOHUHIDUNOÔODùPDNODELUOLNWHPDNVLPXP
\XDQ\DGDGRODUWRSODPWHùYLNLVH
DUDoEDùÔQDGRODUDNDGDUoÔNÔ\RU
7HùYLNOHUGHQVRQUDHOHNWULNOLELUVHGDQDUDFÔQ
IL\DWÔ\XDQµÔQVWQHoÔNPÔ\RU%XGXUXP
GDWNHWLFLQH]GLQGHEXDUDoODUÔQWHUFLKHGLOPHVLQL
NROD\ODùWÔUÔ\RU(OHNWULNOLDUDoODUÔQ\D\JÔQODùPDVÔ
LoLQJHUHNOLRODQùDUMLVWDV\RQODUÔGDKÔ]ODDUWÔ\RU
%XLVWDV\RQODUÔ\D\JÔQODùPDVÔQGDGQ\DQÔQ
LNLQFLE\NùLUNHWLRODQNDPXDLW6WDWH*ULGùLUNHWL
|QHPOLELUUROVOHQPLùGXUXPGD+D]LUDQVRQX
LWLEDUL\OHdLQµGHDGHWùDUMLVWDV\RQXEXOXQX\RUEXUDNDP\ÔOÔQÔQVRQXQDJ|UH
DUWÔùDLùDUHWHGL\RU%HLMLQJEHOHGL\HVLGH
\ÔOÔQDNDGDUùHKLUGHELQDUDFD\HWHFHNNDGDU
ùDUMLVWDV\RQXRODFDöÔQÔDoÔNODGÔdLQ8OXVODUDUDVÔ
5DG\RVX&5,
WUOHULQGHPùWHUHNHQGLöHUKD\YDQFLQVOHULQGH
LVHD\QÔWUGHQKD\YDQDYH\DDUÔOÔNRYDQDVDKLS
JHUoHNYH\DW]HONLùL\HWLùWLULFLOHUWDUDIÔQGDQ
W]HONLùLOLöLKDL]YH|]HOKXNXNKNPOHULQHWDEL
ELUOLNYHPHUNH]ELUOLNOHULQLQNXUXOPDVÔLùOH\LùL
J|UHYOHUL\|QHWLPLYHGHQHWLPOHUL\OHLOJLOLXVXOYH
HVDVODUÔEHOLUOHQGL
%LUOLNNR\XQYHNHoLWUOHULQGHPùWHUHNHQ
GLöHUKD\YDQFLQVOHULQGHLVHD\QÔWUGHQKD\YDQD
YH\DDUÔOÔNRYDQDVDKLSHQD]\HWLùWLULFLQLQELU
DUD\DJHOPHVL\OHNXUXODFDN÷OG]H\LQGHÔVODK
DPDFÔQD\|QHOLND\QÔWUGHQ\DOQÔ]FDELUELUOLN
NXUXODELOHFHN
rāDʰāʊŎÞNj˅s¶sĶsŘ
NjsǣŎÞÌsɴsǼĶsNjÞÀĂNjĶ_Ă
ø]PLU(QWHUQDV\RQDO)XDUÕ
ø()NDSVDPÕQGD(JHøKUDFDWoÕ%LUOLNOHUL¶QL6XGDQ
6UL/DQND(NYDWRU*LQHVL
.RVRYDYH0DOH]\D¶GDQJHOHQ
%DNDQOÕNG]H\LQGHNLUHVPL
KH\HWOHU]L\DUHWHWWLø]PLU¶H
JHOHQ\DEDQFՁONHEDNDQODUÕQÕ
D÷ÕUOD\DQ(JHøKUDFDWoÕ%LUOLNOHUL7UNL\H¶QLQLKUDFDWÕQÕ
DUWWÕUPDNLoLQ(JH%|OJHVL¶QLQ
DYDQWDMODUÕQÕDQODWWÕ
÷=0÷56$$7(JH÷KUDFDWoÔ
%LUOLNOHUL.RRUGLQDW|U%DùNDQ9HNLOL
1XUHWWLQ7DUDNoÔRöOXµQXQEDùNDQOÔöÔQÔ
\UWWö6XGDQ6DQD\L%DNDQÔ'U
0RKDPHG<RXVLI$OL<RXVLILOHEDùOD\DQWRSODQWÔGD7UNL\HLOH6XGDQ
WLFDULLOLùNLOHULQLQoRNHVNL\HGD\DQGÔöÔQÔDQODWDQ6XGDQ6DQD\L%DNDQÔ
6XGDQµÔQHNRQRPLNYHSROLWLN\DSÔVÔQGDQHQGVWUL\LJHOLùWLUPHNLoLQ\DSWÔNODUÔIDDOL\HWOHUGHQEDKVHWWL'DKD
oRNNRPùXONHOHULRODQhUGQ6XXGL
$UDELVWDQ0DOH]\DJLELONHOHUOH\RöXQùHNLOGHLWKDODWLKUDFDWIDDOL\HWOHUL
\DSWÔNODUÔQÔND\GHGHQ%DNDQ<RXVLI
7UNOHUOHLù\DSPDNLVWHGLNOHULQLEX
NDSVDPGDoDOÔùPDODUDVÔFDNEDNWÔNODUÔQÔEHOLUWWL
65÷/$1.$7h5.<$7,5,0&,/$5,%(./÷<25
6UL/DQND÷KUDFDWÔ*HOLùWLUPH.XUXOX%DùNDQÔ,QGLUD0DOZDWWHONHOHULQGH
KHPHQKHPHQKHUùH\LGLöHUONHOHUGHQLWKDOHWWLNOHULQLEXGRöUXOWXGD
NDUùÔOÔNOÔWLFDULLOLùNLOHULQ7UNL\HLOH
RODELOHFHöLQLQDOWÔQÔoL]GL6UL/DQNDµGD
GDKDoRNWURSLNLNOLPHX\JXQJÔGD
UQOHUL\HWLùWLöLQLEHOLUWHQ\DWÔUÔP
DMDQVÔ\HWNLOLOHUL|]HOOLNOHNDXoXNKD]ÔU
JL\LPGRöDOWDùYHPDGHQNRQXVXQGD7UNL\HµGHQJHOHFHNUQOHUH
DoÔNROGXNODUÔQÔLIDGHHWWL7RSODQWÔ\D
EDùNDQOÔNHGHQ%DùNDQ7DUDNoÔRöOX
GDNDUùÔOÔNOÔWLFDUHWLQJHOLùPHVLQGHQ
PHPQXQRODFDNODUÔQÔND\GHWWL
$\UÔFD6UL/DQNDµQÔQ\DWÔUÔP
\DSÔOPDVÔDoÔVÔQGDQX\JXQELURUWDPDVDKLSROGXöXQXEHOLUWHQ%DùNDQ
0DOZDWWH(NLPWDULKOHULQGH²:RUOG([SRUW'HYHORSPHQW
)RUXP³LVLPOLHNRQRPLNRQIHUDQVÔQÔ
6ULODQNDµQÔQEDùNHQWL&RORPERµGDJHUoHNOHùWLUHFHNOHULQLEXHWNLQOLöH7UN
]L\DUHWoLOHULQJHOPHVLKDOLQGHONHQLQ
HNRQRPLNSRWDQVL\HOLQL\DNÔQGDQJ|UPHYHVWG]H\6UL/DQND\HWNLOLOHUL
LOHWDQÔùPDùDQVÔHOGHHGHELOHFHNOHULQL
V|\OHGL
(.9$725*÷1(6÷3(752/'(
÷''÷$/,
(JH÷KUDFDWoÔ%LUOLNOHULµQL]L\DUHW
HGHQELUGLöHU%DNDQ(NYDWRU*LQHVL
(NRQRPLYH6RV\DO3ODQODPD%DNDQÔ
$QJHO0RNDUD0ROHLODROGX%DNDQ
0ROHLODSHWUROUHWLPYHLKUDFDWÔQGD
ONHRODUDNoRNL\LGXUXPGDROGXNODUÔQÔEXNRQXLOHWXUL]PYHKL]PHWOHU
VHNW|UQHGDKLOUQOHUGH7UNL\HLOH
LùELUOLöL\DSPDNLVWHGLNOHULQLLNLONH\H
DLWRUWDNDYDQWDMODUVD\HVLQGHHNRQRPL\LFDQODQGÔUPDNLVWHGLNOHULQLV|\OHGL
(NYDWRU*LQHVL7UNL\HDUDVÔQGDGLUHNW
XoXùEXOXQPDPDVÔQÔQGH]DYDQWDM
ROGXöXQXDQFDNEXQX\DNÔQoHYUH
XoXùODUÔ\ODDNWDUPDOÔRODUDNJHUoHNOHùWLUHELOGLNOHULQLGLOHJHWLUHQ%DNDQWURSLN
WDUÔPUQOHULQHVDKLSROGXNODUÔQÔYH
7UNL\HµGHQJHOHFHNONHOHULQGH\HWLùPH\HQWPWDUÔPUQOHULQLQLWKDODWÔQD
VÔFDNEDNWÔNODUÔQÔEHOLUWWL
.2629$÷/(7÷&$5÷÷/÷ø.÷/(5
*(/÷ø(&(.
.RVRYD6DQD\LYH7LFDUHW%DNDQ<DUGÔPFÔVÔ$YQL.DVWUDWLµQLQ(JH
÷KUDFDWoÔ%LUOLNOHULµQL]L\DUHWLHVQDVÔQGD
÷]PLUµLQ.RVRYDLoLQ|QHPOLROGXöX
YXUJXODQGÔ%DNDQ<DUGÔPFÔVÔ.DVWUDWL
NRQXùPDVÔQÔQEDùÔQGD.XUWXOXù6DYDùÔHVQDVÔQGDONHOHULQGHQJ|oHGHUHN
7UNL\Hµ\H|]HOOLNOH(JH%|OJHVLµQH
JHOHQSHNoRNNLùLROGXöXQXELOGLNOHULQLEXQHGHQOH÷]PLUµGHROPDNWDQoRN
PHPQXQROGXNODUÔQÔLNLONHQLQGH
ELUELULQHJYHQLOLùNLVLQHGD\DQDQELU
JHoPLùLROGXöXQXEXGXUXPXQGDVWUDWHMLNYHHNRQRPLNLùELUOLNOHUL\OHGHYDP
HWPHVL\|QQGHWHPHQQLOHULROGXöXQX
GLOHJHWLUGL
(QID]OD6ÔUELVWDQµGDQLWKDODW\DSWÔNODUÔQÔLIDGHHGHQ%DNDQ<DUGÔPFÔVÔ
.DVWUDWL²6ÔUELVWDQµGDQPLO\RQ
DYURGDQID]ODLWKDODW\DSÔ\RUX]7UNL\HLOHPLO\RQDYURVHYL\HVLQGH\L]
7UNL\HµQLQONHPL]GHNLLWKDODWSD\ÔQÔ
DUWÔUPDVÔQÔLVWL\RUX]oQNKDONÔPÔ]
7UNUQOHULQLVHYL\RUEHöHQL\RU
hONHGHD\UÔE|OJHGHVHUEHVWE|OJHPL]YDUKHUWUO\DWÔUÔPDYDQWDMODUÔQÔ
NDUùÔOÔNOÔGHöHUOHQGLUPHNLVWHUL]7P
WLFDULLùELUOLNOHULQHKD]ÔUÔ]EXNDSVDPGDHQ\DNÔQ]DPDQGDONHPL]HELU
WLFDULKH\HWOHJHOPHQL]LoRNLVWHUL]³
GL\HUHNV|]OHULQLVRQODQGÔUGÔ
*|UùPHOHUGH(JH÷KUDFDWoÔ%LUOLNOHULEQ\HVLQGHLKUDFDWoÔELUOLöLQGH
ELQGHQID]ODLKUDFDWoÔQÔQIDDOL\HW
J|VWHUGLöLQL(JH%|OJHVLµQLQ\ÔOOÔN
PLO\DUGRODULKUDFDWSRWDQVL\HOLQH
VDKLSROGXöXQXEHOLUWHQ(÷%.RRUGLQDW|U%DùNDQ9HNLOL1XUHWWLQ7DUDNoÔRöOX
(JH%|OJHVLµQLQWDUÔPVDQD\LYHGRöDO
ND\QDNODUDoÔVÔQGDQ]HQJLQROGXöXQX
EXNDSVDPGD]L\DUHWHJHOHQWPONHOHUOHWLFDULLùELUOLNOHULQH(JH÷KUDFDWoÔ
%LUOLNOHULRODUDNDoÔNROGXNODUÔQÔV|\OHGL
0$/(=<$<(7.÷/÷/(5÷'(
(÷%µ'($õ,5/$1',
(JH÷KUDFDWoÔ%LUOLNOHULµQGHNLVRQ
UHVPLKH\HW]L\DUHW÷()µGHSDUWQHUONH
|]HOOLöLWDùÔ\DQ0DOH]\D\HWNLOLOHUL\OH
JHUoHNOHùWL*|UùPHGH\HWNLOLOHU
WDUDIÔQGDQ0DOH]\DµQÔQ÷VWDQEXOµGDNL
WLFDUHW\DWÔUÔPRILVLQLQ0$75$'(
IDDOL\HWOHULKDNNÔQGDELOJLYHULOHUHN
LNLOLLOLùNLOHULQJoOHQGLULOPHVL\|QQGH
NDUùÔOÔNOÔL\LQL\HWYXUJXODQGÔ
$'(7<$<d$7,/,3/$67ø.6(5$<$3,0,9($'(7.:*h&h1'(*h1(ù(1(5-ø6ø6ø67(0ø
*,'$7$5,09(+$<9$1&,/,.%$.$1/,ö,ø/0h'h5/höh
*,'$7$5,09(+$<9$1&,/,.%$.$1/,ö,0h67(ù$5/,.
$GHW<D\dDWÐOÐSODVWLN6HUD\DSÐPÐYH$GHW.ZJFQGHJQHôHQHUMLVLVLVWHPL\DSÐPLôL
VD\ÐOÐ.DPXòKDOH.DQXQXQXQXQFXPDGGHVLQHJ|UHDoÐNLKDOHXVXOLOHLKDOHHGLOHFHNWLUòKDOH\H
LOLôNLQD\UÐQWÐOÐELOJLOHUDôDñÐGD\HUDOPDNWDGÐU
òKDOH.D\ÐW1XPDUDVÐ
òGDUHQLQ
D$GUHVL*D\UHW0DKDOOHVLóHKLW&HP(UVHYHU&DG1R<(1ò0$+$//($1.$5$
E7HOHIRQYHIDNVQXPDUDVÐ
F(OHNWURQLN3RVWD$GUHVLDQNDUDLPL#WDULPQHWJRYWU
oòKDOHGRNPDQÐQÐQJ|UOHELOHFHñLLQWHUQHWDGUHVLKWWSVHNDSNLNJRYWU(.$3
òKDOHNRQXVX\DSÐPLôLQLQ
D1LWHOLñLWUYHPLNWDUÐ$GHW<D\dDWÐOÐ3ODVWLN6HUD<DSÐPÐ$GHWNZJFQGHJQHôHQHUMLVL
VLVWHPL\DSÐPÐ$GHW6HUDòoLQ2UWDN.XOODQÐODFDNWÐU
$\UÐQWÐOÐELOJL\H(.$3µWD\HUDODQLKDOHGRNPDQÐLoLQGHEXOXQDQLGDULôDUWQDPHGHQXODôÐODELOLU
E<DSÐODFDñÐ\HU$QNDUDòOL%H\SD]DUÐLOoHVL<RñXQSHOLW0DKDOOHVL
FòôHEDôODPDWDULKL6|]OHôPHQLQLP]DODQGÐñÐWDULKWHQLWLEDUHQJQLoLQGH\HUWHVOLPL\DSÐODUDN
LôHEDôODQDFDNWÐU
oòôLQVUHVL<HUWHVOLPLQGHQLWLEDUHQNÐUNWDNYLPJQGU
òKDOHQLQ
D<DSÐODFDñÐ\HU*D\UHW0DKDOOHVLóHKLW&HP(UVHYHU&DGGHVL1R<HQLPDKDOOH$1.$5$
E7DULKLYHVDDWL
òKDOH\HNDWÐODELOPHôDUWODUÐYHLVWHQLOHQEHOJHOHULOH\HWHUOLNGHñHUOHQGLUPHVLQGHX\JXODQDFDN
NULWHUOHU
òKDOH\HNDWÐOPDôDUWODUÐYHLVWHQLOHQEHOJHOHU
0HY]XDWÐJHUHñLND\ÐWOÐROGXñX7LFDUHWYHYH\D6DQD\L2GDVÐ\DGD(VQDIYH6DQDWNDUODU
2GDVÐYH\DLOJLOL0HVOHN2GDVÐ%HOJHVL
*HUoHNNLôLROPDVÐKDOLQGHND\ÐWOÐROGXñXWLFDUHWYHYH\DVDQD\LRGDVÐQGDQ\DGDHV
QDIYHVkQDWNDURGDVÐQGDQYH\DLOJLOLPHVOHNRGDVÐQGDQLONLODQYH\DLKDOHWDULKLQLQLoLQGHEX
OXQGXñX\ÐOGDDOÐQPÐôRGD\DND\ÐWOÐROGXñXQXJ|VWHULUEHOJH
7]HONLôLROPDVÐKDOLQGHLOJLOLPHY]XDWÐJHUHñLND\ÐWOÐEXOXQGXñX7LFDUHWYHYH\D6D
QD\L2GDVÐQGDQLONLODQYH\DLKDOHWDULKLQLQLoLQGHEXOXQGXñX\ÐOGDDOÐQPÐôW]HONLôLOLñLQRGD\D
ND\ÐWOÐROGXñXQXJ|VWHULUEHOJH
7HNOLIYHUPH\H\HWNLOLROGXñXQXJ|VWHUHQòP]D%H\DQQDPHVLYH\DòP]D6LUNOHUL
*HUoHNNLôLROPDVÐKDOLQGHQRWHUWDVGLNOLLP]DEH\DQQDPHVL
7]HONLôLROPDVÐKDOLQGHLOJLVLQHJ|UHW]HONLôLOLñLQRUWDNODUЁ\HOHULYH\DNXUXFXOD
UÐLOHW]HONLôLOLñLQ\|QHWLPLQGHNLJ|UHYOLOHULEHOLUWHQVRQGXUXPXJ|VWHULU7LFDUHW6LFLO*D]HWHVL
EXELOJLOHULQWDPDPÐQÐQELU7LFDUHW6LFLO*D]HWHVLQGHEXOXQPDPDVÐKDOLQGHEXELOJLOHULQWPQ
J|VWHUPHN]HUHLOJLOL7LFDUHW6LFLO*D]HWHOHULYH\DEXKXVXVODUÐJ|VWHUHQEHOJHOHULOHW]HONLôLOL
ñLQQRWHUWDVGLNOLLP]DVLUNOHUL
óHNOLYHLoHULñLòGDULóDUWQDPHGHEHOLUOHQHQWHNOLIPHNWXEX
óHNOLYHLoHULñLòGDULóDUWQDPHGHEHOLUOHQHQJHoLFLWHPLQDW
òKDOHNRQXVXLôWHLGDUHQLQRQD\ÐLOHDOW\NOHQLFLoDOÐôWÐUÐODELOLU$QFDNLôLQWDPDPÐDOW\N
5HVPLLODQODUZZZLODQJRYWU¶GH
OHQLFLOHUH\DSWÐUÐODPD]
7]HONLôLWDUDIÐQGDQLôGHQH\LPLJ|VWHUPHN]HUHVXQXODQEHOJHQLQW]HONLôLOLñLQ\DUÐ
VÐQGDQID]ODKLVVHVLQHVDKLSRUWDñÐQDDLWROPDVÐKDOLQGHWLFDUHWYHVDQD\LRGDVÐWLFDUHWRGDVÐ
EQ\HVLQGHEXOXQDQWLFDUHWVLFLOPHPXUOXNODUÐYH\DVHUEHVWPXKDVHEHFL\HPLQOLPDOLPôDYLU
\DGDVHUEHVWPXKDVHEHFLPDOLPôDYLUWDUDIÐQGDQLONLODQWDULKLQGHQVRQUDG]HQOHQHQYHG
]HQOHQGLñLWDULKWHQJHUL\HGRñUXVRQELU\ÐOGÐUNHVLQWLVL]RODUDNEXôDUWÐQNRUXQGXñXQXJ|VWHUHQ
EHOJH
(NRQRPLNYHPDOL\HWHUOLñHLOLôNLQEHOJHOHUYHEXEHOJHOHULQWDôÐPDVÐJHUHNHQNULWHUOHU
òGDUHWDUDIÐQGDQHNRQRPLNYHPDOL\HWHUOLñHLOLôNLQNULWHUEHOLUWLOPHPLôWLU
0HVOHNLYH7HNQLN\HWHUOLñHLOLôNLQEHOJHOHUYHEXEHOJHOHULQWDôÐPDVÐJHUHNHQNULWHUOHU
òôGHQH\LPEHOJHOHUL
6RQRQEHô\ÐOLoLQGHEHGHOLoHUHQELUV|]OHôPHNDSVDPÐQGDWDDKKWHGLOHQYHWHNOLIHGLOHQEH
GHOLQRUDQÐQGDQD]ROPDPDN]HUHLKDOHNRQXVXLôYH\DEHQ]HULôOHUHLOLôNLQLôGHQH\LPL
QLJ|VWHUHQEHOJHOHU
%XLKDOHGHEHQ]HULôRODUDNNDEXOHGLOHFHNLôOHUYHEHQ]HULôOHUHGHQNVD\ÐODFDNPKHQGLV
OLNYHPLPDUOÐNE|OPOHUL
%XLKDOHGHEHQ]HULôRODUDNNDEXOHGLOHFHNLôOHU
%,YH%,,*UXEXLôOHULGÐôÐQGDNLELQDLôOHUL
%HQ]HULôHGHQNVD\ÐODFDNPKHQGLVOLNYH\DPLPDUOÐNE|OPOHUL
òQôDDW0KHQGLVOLñL0DNLQH0KHQGLVOLñL(OHNWLULN0KHQGLVOLñL(QGVVWUL0KHQGLVOLñL(OHNWLULN
(OHNWURQLN0KHQGLVOLñLYH0LPDUOÐN
(NRQRPLNDoÐGDQHQDYDQWDMOÐWHNOLIVDGHFHIL\DWHVDVÐQDJ|UHEHOLUOHQHFHNWLU
òKDOH\HVDGHFH\HUOLLVWHNOLOHUNDWÐODELOHFHNWLU
òKDOHGRNPDQÐQÐQJ|UOPHVLYHVDWÐQDOÐQPDVÐ
òKDOHGRNPDQÐLGDUHQLQDGUHVLQGHJ|UOHELOLUYH75<7UN/LUDVÐNDUôÐOÐñÐ$QNDUDòO
*ÐGD7DUÐPYH+D\YDQFÐOÐN0GUOñ6DWÐQDOPD%òULPLDGUHVLQGHQVDWÐQDOÐQDELOLU
òKDOH\HWHNOLIYHUHFHNRODQODUÐQLKDOHGRNPDQÐQÐVDWÐQDOPDODUÐYH\D(.$3]HULQGHQ
HLP]DNXOODQDUDNLQGLUPHOHUL]RUXQOXGXU
7HNOLIOHULKDOHWDULKYHVDDWLQHNDGDU$QNDUDòO*ÐGD7DUÐPYH+D\YDQFÐOÐN0GUOñDGUHVLQH
HOGHQWHVOLPHGLOHELOHFHñLJLELD\QÐDGUHVHLDGHOLWDDKKWOSRVWDYDVÐWDVÐ\ODGDJ|QGHULOHELOLU
òVWHNOLOHUWHNOLIOHULQLDQDKWDUWHVOLPLJ|WUEHGHO]HULQGHQYHUHFHNWLUòKDOHVRQXFX]HULQH
LKDOH\DSÐODQLVWHNOL\OHDQDKWDUWHVOLPLJ|WUEHGHOV|]OHôPHLP]DODQDFDNWÐU%XLKDOHGHNÐVPÐ
WHNOLIYHULOHELOLU
òVWHNOLOHUWHNOLIHWWLNOHULEHGHOLQµQGHQD]ROPDPDN]HUHNHQGLEHOLUOH\HFHNOHULWXWDUGD
JHoLFLWHPLQDWYHUHFHNOHUGLU
9HULOHQWHNOLIOHULQJHoHUOLOLNVUHVLLKDOHWDULKLQGHQLWLEDUHQNÐUNEHôWDNYLPJQGU
.RQVRUVL\XPRODUDNLKDOH\HWHNOLIYHULOHPH]
'LñHUKXVXVODU
òKDOHGH8\JXODQDFDN6ÐQÐU'HñHU.DWVD\ÐVÐ1
òKDOH.DQXQXQLQFLPDGGHVLQGH|QJ|UOHQDoÐNODPDLVWHQPHNVL]LQHNRQRPLNDoÐGDQHQ
DYDQWDMOÐWHNOLI]HULQGHEÐUDNÐODFDNWÐU
%$6,1ZZZELNJRYWU
[email protected]
9
6$$7(.2120÷
$õ867263$=$57(6÷
=RUOX(QHUMLiQLQ7«UNL\HiGHNLLNLQFLYH
«ž«QF«U«]JDUVDQWUDOOHULGHYUHGH
+$%(50(5.(=÷÷67$1%8/=RUOX(QHUML\HUOLYH
\HQLOHQHELOLUHQHUMLDODQÔQGD7UNL\HµGHUHIHUDQVSURMHOHUJHOLùWLUPH\LVUGU\RU=RUOX(QHUMLµQLQ2VPDQL\HµQLQ%DKoHLOoHVLQGHPLO\RQ(XUR\DWÔUÔPODNXUXOXPXQXJHUoHNOHùWLUGLöL
6DUÔWHSH'HPLUFLOHU5]JDU(QHUMLVL6DQWUDOOHUL5(6SURMHVL
WDPNDSDVLWHHOHNWULNUHWLPLQHEDùODGÔ0:NXUXOXJFH
VDKLSSURMH=RUOX(QHUMLµQLQ7UNL\HµQLQHQE\NU]JDUVDQWUDOOHULDUDVÔQGDJ|VWHULOHQ0:NXUXOXJoWHNL*|NoHGDö
5(6µGHQVRQUD7UNL\HµGHNLLNLQFL5(6SURMHVLNRQXPXQGD
6DGHFH7UNL\HµQLQGHöLO3DNLVWDQµÔQGDHQE\N5(6
\DWÔUÔPFÔODUÔDUDVÔQGD\HUDOGÔNODUÔQÔEHOLUWHQ=RUOX(QHUML
*HQHO0GU6LQDQ$N²2VPDQL\HµQLQ%DKoHLOoHVLQGH
PLO\RQ(XUR\DWÔUÔPLOHNXUGXöXPX]6DUÔWHSH'HPLUFLOHU
5(6LOHELUOLNWH\HUOLYH\HQLOHQHELOLUHQHUMLQLQ\XUWLoLSRUWI|\-
P]GHNLRUDQÔ\]GHµ\H\NVHOLUNHQU]JDUGD7UNL\HµGH
3DNLVWDQ\DWÔUÔPÔPÔ]ODELUOLNWHLVHWRSODP0:µOÔN
JFHXODùWÔN³GHGL
<HUOLYH\HQLOHQHELOLUHQHUMLDODQÔQGD7UNL\HµQLQYL]\RQXQX
LOHULWDùÔ\DQSURMHOHUJHOLùWLUGLNOHULQLEHOLUWHQ$NWPU]JDU
SURMHOHULQGHJ|QOONDUERQSL\DVDVÔQGDLùOHPJ|UHQHQHUML
SURMHOHULQLGHUHFHOHQGLUHQVWDQGDUWODUDUDVÔQGDHQLWLEDUOÔVÔ
RODQ²*ROG6WDQGDUG³VHUWLILNDVÔQDVDKLSROPDODUÔQÔQEXQXQ
|QHPOLELU\DQVÔPDVÔROGXöXQXGLOHJHWLUGL6LQDQ$N²<DWÔUÔPODUÔPÔ]GDHNRQRPLNVUGUOHELOLUOLNNDGDUWRSOXPVDOYHoHYUHVHOVUGUOHELOLUOLöL|QHPVL\RUYHEXQXQJHUHNOHULQL\HULQH
JHWLUL\RUX]6HNW|UP]DoÔVÔQGDQGDLOKDPYHULFLROGXöXQD
LQDQGÔöÔPÔ]SURMHOHULKD\DWDJHoLUPH\HGHYDPHGHFHöL]³
DoÔNODPDVÔQGDEXOXQGX
ɚNjȖƼ˅ŘĂŘɴsŘÞĨNjÞʊÞʲ
āǼĶɴ˅ŘĂŘ˃ÌǣǼ˃EŘĨĶNjĂ
øWDO\DQEDQNDODUÕQÕQ\DNODúÕNPLO\DUDYUR\XEXODQWRSODPVRUXQOXNUHGL
KDFPL$YUXSD¶\ÕRODVÕELUEDQNDFÕOÕNNUL]LQHGR÷UXVUNO\RU
/21'5$$$°÷WDO\DQEDQNDODUÔQÔQ\DNODùÔNPLO\DUDYUR\X
EXODQWRSODPVRUXQOXNUHGLKDFPL
$YUXSDµ\ÔRODVÔELUEDQNDFÔOÔNNUL]LQHGRöUXVUNO\RU
$YUXSD%LUOLöL$%LoLQ
ILQDQVNUL]LQLQDUGÔQGDQoRNWDUWÔùÔODQ´NXUWDUPDSDNHWOHULµELUNH]
GDKDEXNH]÷WDO\DµQÔQVRUXQOX
EDQNDODUÔLoLQJQGHPHJHOL\RU
÷WDO\DQEDQNDODUÔQÔQJHUL|GHQHPH\HFHNGXUXPGDRODQNUHGLOHULQLQ
GLöHUELUGH\LùOH´VRUXQOXNUHGLOHULQLQµWRSODPWXWDUÔ\DNODùÔN
PLO\DUDYURVHYL\HVLQGH5HVPL
YHULOHUHJ|UHEXNUHGLOHULQ\DNODùÔN
PLO\DUDYUROXNNÔVPÔQÔDODQ
ùLUNHWYHNLùLOHUùLPGLGHQLIODVHWPLù
GXUXPGD<DWÔUÔPFÔODUÔQEDQNDFÔOÔN
VLVWHPLQHLOLùNLQHQGLùHOHULQLQDUWPDVÔ\OD÷WDO\DQEDQNDODUÔEX\ÔOÔQ
EDùÔQGDQEX\DQD\DNODùÔN\]GH
µQLQ]HULQGHGHöHUND\EHWWL
.ÔVDFDVÔEDQNDODUNXUWDUÔODPD]VD
VRQEDKDUD\ODUÔQGD÷WDO\DQEDQNDODUÔQÔQLIODVÔLOHELUOLNWH$YUXSDNHQGL
²/HKPDQNUL]LQL³\DùD\DELOLU
'Q\D%DQNDVÔYHULOHULQHJ|UH
÷WDO\DQEDQNDFÔOÔNVLVWHPLLoHULVLQGH\ÔOÔLWLEDUL\OH|GHQPH\HQ
NUHGLOHULQWRSODPNUHGLOHULoLQGHNL
RUDQÔ\]GHµHNDGDUoÔNWÔ$YUXSDµGDNLDQDOLVWOHUùLPGLGHQ÷WDO\DQ
EDQNDFÔOÔNVLVWHPLQGHNLNUL]LQ
$YUXSDµ\D\D\ÔOPDRODVÔOÔöÔQÔQULVN
DQDOL]OHUL]HULQGHoDOÔùÔ\RU
²'høh.%h<h0(9($57$1
÷ø6÷=/÷.³
÷WDO\DQEDQNDFÔOÔNVLVWHPLQLQ
NUL]HGRöUXLOHUOHPHVLQLVHEHSOHULQL
DQODPDNLoLQILQDQVNUL]LQH
\HQLGHQEDNPDNJHUHNL\RU÷WDO\DQEDQNDODUÔQÔQWRSODPNUHGLOHUL
LoLQGHVRUXQOXNUHGLOHULQRUDQÔ
\ÔOÔQGDVDGHFHRUDQÔQGD\GÔ
%XRUDQµGD\]GHµH
µGD\]GHµDµGH\]GHµ\HµGH\]GHµ\H
µWH\]GHµHµWH
YHµWH\]GHµH\NVHOGL
%DQNDODUNUHGLPXVOXNODUÔQÔDoVD
GD÷WDO\DHNRQRPLVLD\QÔG|QHPGH
EHNOHQHQE\PH\LJ|VWHUHPHGL
<LQH'Q\D%DQNDVÔYHULOHULQH
J|UH÷WDO\DQHNRQRPLVL\ÔOÔQGD\]GHµGDLVH\]GH
RUDQÔQGDGDUDOGÔ\ÔOÔQGD
ED]HWNLVL\OH\]GHE\VH
GHµGHNLE\PHVLVDGHFH
RUDQÔQGDNDOGÔµGH÷WDO\DQ
HNRQRPLVL\LQH]RUELU\ÔOJHoLUGL
YHHNRQRPL\]GHRUDQÔQGD
GDUDOGÔ÷WDO\DQHNRQRPLVLµH
JHOLQGLöLQGH\]GHRUDQÔQGD
GDUDOGÔ\ÔOÔQGDNLE\PHLVH
VDGHFH\]GHVHYL\HVLQGH\GL
.ÔVDFDVÔEDQNDODUÔQNUHGLPXVOXNODUÔQÔDODELOGLöLQHDoÔNWXWWXöX\ÔOODUGD÷WDO\DQHNRQRPLVL\DGDUDOGÔ
\DGDGùNE\PHJ|VWHUGL
gWH\DQGDQHNRQRPLNGDUDOPD
YHSHùLVÔUDJHOHQGùNE\PHG|QJVLoHULVLQGH]RUODQDQ
÷WDO\DµGDLùVL]OLNRUDQÔGDVRQ
\ÔOODUGDKÔ]ODDUWÔùJ|VWHUGL
\ÔOÔQGD\]GHRODQLùVL]OLN
RUDQÔ\ÔOÔQGD\]GH
LOHUHNRUVHYL\H\HXODùWÔ÷WDO\DQ
8OXVDO÷VWDWLVWLN(QVWLWV,67$7
YHULOHULQHJ|UHONHGHJHQoOHUDUDVÔQGDNLLùVL]OLNRUDQÔ\ÔOÔQÔQ
PDUWD\ÔQGD\]GHLOHWP
]DPDQODUÔQHQ\NVHNVHYL\HVLQH
XODùWÔ%X\ÔOÔQKD]LUDQD\ÔLWLEDUL\OH
EXRUDQ\]GHVHYL\HVLQH
JHULOHVHGHONHQLQJHQoQIXVXQGDNLLùVL]OLNKkOkHQGLùHYHULFL
ER\XWWD
/RQGUDPHUNH]OL(XURDVLD*URXS$QDOLVWL)HGHULFR6DQWL\DNÔQ]DPDQGD\D\ÔPODQGÔöÔELUELOJLQRWXQGD÷WDO\DµGDNLEDQNDFÔOÔNNUL]LQLQ
$YUXSDµQÔQ|QQGHNLHQE\NULVN
ROGXöXQXEHOLUWWL6DQWL²÷WDO\DµGDNL
GXUXPXYHEXQXQ$YUXSDµQÔQJHUL
NDODQÔQD\D\ÔOPDRODVÔOÔöÔQÔHQ
E\NPDNURHNRQRPLNULVNRODUDN
J|U\RUX]³LIDGHOHULQLNXOODQGÔ
´$9583$µ1,1<(1÷%$ø$õ5,6,µ÷7$/<$1%$1.$/$5,
*HoWLöLPL]D\ÔQVRQXQGD
÷WDO\DQEDQNDODUÔDUDVÔQGD]LQFLULQ
HQ]D\ÔIKDONDVÔRODUDNJ|UOHQ
GQ\DQÔQHQHVNLEDQNDVÔ0RQWH
GHL3DVFKLGL6LHQD-30RUJDQ
*ROGPDQ6DFKVYH'HXWVFKH
%DQNµÔQGDKLOROGXöXNRQVRUVL\XP
LOH´\HQLGHQVHUPD\HOHQGLUPHµ
NRQXVXQGDDQODùWÔ8OXVODUDUDVÔ
EDVÔQDVÔ]DQDQODùPDNDSVDPÔQGDNRQVRUVL\XPXQ(\OOD\ÔQÔQ
VRQXQDNDGDU%DQFD0RQWH
GHL3DVFKLGL6LHQDµQÔQ%036
VRUXQOXNUHGLOHULQHNDUùÔOÔNPLO\DU
DYUROXNILQDQVPDQVDöODPDVÔSODQODQÔ\RU
gWH\DQGDQ/RQGUDPHUNH]OLDQDOLVWOHU]DWHQULVNOLRODUDN
J|UGNOHULEDQND\D\DWÔUÔPFÔODUÔQ
GDKDID]OD\DWÔUÔP\DSPDNWDQX]DN
GXUDELOHFHöLQLGùQ\RU
.RQX\DLOLùNLQ$$PXKDELULQLQ
VRUXODUÔQÔ\DQÔWOD\DQ/RQGUDPHUNH]OL2[IRUG(FRQRPLFVµLQ.ÔGHPOL
$YUR%|OJHVL$QDOLVWL%URQND
5]HSNRZVNL²$YUXSDµQÔQ\HQLEDù
DöUÔVÔ÷WDO\DQEDQNDODUÔ5LVNOHUùX
DQGDROGXNoD\NVHN÷WDO\DµGDE\PHRUDQÔQÔQNURQLNùHNLOGHoRN
GùNROPDVÔQGDQGROD\ÔNUHGLOHU
JHUL|GHQHPL\RU'ùNE\PH
EDQNDFÔOÔNVHNW|UQùRNODUDNDUùÔ
NÔUÔOJDQKDODJHWLUGL³GHGL
5]HSNRZVNL%DQFD0RQWHGHL
3DVFKLGL6LHQDµQÔQ%036\HQLGHQVHUPD\HOHQGLUPHVL\|QQGHNL
DQODùPD\DLOLùNLQRODUDN²÷WDO\DQ
EDQNDVÔQDEXVHUPD\HQLQYHULOHFHöLJDUDQWLGHöLO%DQNDFÔOÔNVLVWHPL
]DWHQKDOLKD]ÔUGDROXNoDULVNOL³
LIDGHVLQLNXOODQGÔ
5(1=÷´.857$50$3$.(7÷µ
+$=,5/$<$%÷/÷50÷"
g]HOOLNOH÷QJLOWHUHµQLQ$YUXSD
%LUOLöLUHIHUDQGXPXQGD%LUOLNµWHQ
oÔNPD%UH[LWNDUDUÔDOPDVÔQÔQ
DUGÔQGDQ÷WDO\DQEDQNDODUÔQÔQ
KLVVHOHULQGHNLVDWÔùODUKÔ]ND]DQGÔ
÷WDO\D%DùEDNDQÔ0DWWLR5HQ]Lµ\H
\DNÔQND\QDNODUÔQJHoHQD\XOXVODUDUDVÔPHG\D\DVÔ]GÔUGÔöÔELOJLOHUH
J|UH÷WDO\DQKNPHWLEDQNDFÔOÔN
NUL]LQLQo|]PLoLQPLO\DUDYUR
FLYDUÔQGDELUNXUWDUPDSDNHWLKD]ÔUOD\DELOLU
gWH\DQGDQ$YUR%|OJHVLLoLQGH
ILQDQVNUL]LQLQDUGÔQGDQEDQNDODUÔQ
KDONWDQWRSODQDQYHUJLOHUOHNXUWDUÔOPDVÔNRQXVXQGDHQJHOOH\LFL
ELUWDNÔPHNG]HQOHPHOHU\UUOöHNRQXOGX
QÔQEDùÔQGDQ
LWLEDUHQ\UUOöHJLUHQ%DQND
.XUWDUPDYHd|]POHPH3ODQÔ
NDPXND\QDNODUÔQÔQ|]HOEDQNDODUD
DNWDUÔOPDVÔQGDQ|QFHV|]NRQXVX
EDQNDODUÔQNUHGLW|UOHULQLQHOLQLWDùÔQ
DOWÔQDNR\XSDODFDNODUÔQÔQELUNÔVPÔQGDQIHUDJDWHWPHVLQL|QJ|U\RU%XG]HQOHPHOHU(NLPD\ÔQGD
DQD\DVDUHIHUDQGXPXQDJLGHFHN
5HQ]LµQLQ´NXUWDUPDSDNHWLµKD]ÔUODPDVÔQÔGD]RUODùWÔUÔ\RU
8OXVODUDUDVÔ3DUD)RQX,0)
GD+D]LUDQD\ÔQGD´KDVWD
EDQNDODUÔQÔELUDQ|QFHVDöOÔöDNDYXùWXUPDVÔLoLQ÷WDO\D
\ÔX\DUPÔùWÔ
,0)
QLQ÷WDO\DUDSRUXQGD²÷VWLNUDUÔ
VDöOD\ÔSHNRQRPLNG]HOPH\L
UD\ÔQDRWXUWDELOPHNLoLQILQDQV
VHNW|UQGHUHIRUP\DSÔOPDVÔQÔQ
EHOLUOH\LFLRODFDöÔ³LIDGHOHULQH\HU
YHULOPLùWL
<DNÔQ]DPDQGD&11µGH&KULVWLQH$PDQSRXUµXQVRUXODUÔQÔ\DQÔWOD\DQ÷WDO\DQ%DùEDNDQ5HQ]LNRQX\DLOLùNLQRODUDN²0ùWHULOHULQYH
YDWDQGDùODUÔQJYHQOLöLQLVDöODPDN
LoLQJHUHNHQKHUùH\L\DSPD\D
KD]ÔUÔ]÷WDO\DJHUHNWLöLQGHEDQNDODUÔQYHPùWHULOHULQLQJYHQOLöLQLQ
VDöODQPDVÔNRQXVXQGD$YUXSDµQÔQ
NXUXPODUÔ\ODoDOÔùPD\DKD]ÔUGÔU³
LIDGHOHULQLNXOODQGÔ
*HoHQD\$YUR*UXEX%DùNDQÔ
YH+ROODQGD0DOL\H%DNDQÔ-HURHQ
'LMVVHOEORHPLVH÷WDO\DQEDQNDODUÔQÔQVRUXQOXNUHGLOHUL\OHLOJLOL\DSDELOHFHNOHULID]ODELUùH\ROPDGÔöÔQÔ
÷WDO\DµQÔQEDQNDFÔOÔNWDNXUDOODUD
X\JXQGDYUDQPDVÔJHUHNWLöLQLEHOLUWHUHN²%HQFHEXGXUXPDNXWELUNUL]
GHöLO³LIDGHVLQLNXOODQPÔùWÔ
$OPDQ\D%DùEDNDQÔ$QJHOD
0HUNHOLVHùLPGLOLNHOLQLDWHùHVRNPDNLVWHPL\RU
0HUNHOLNLQFLELU<XQDQLVWDQ
NUL]LLOHNDUùÔODùPDPDNLoLQùLPGLOLNSL\DVDODUÔV|]ORODUDN\|QOHQGLUPH\LWHUFLKHGL\RU*HoHQ
D\÷WDO\DQRWRULWHOHULLOHJ|UùHQ
0HUNHO$YUXSDPDOL\HEDNDQODUÔQÔQ
WRSODQWÔODUGDNRQX\XHOHDOGÔöÔQÔ
ELOGLULUNHQ²2UWDGDELUNUL]JHOLùPHVLJ|UP\RUXP*|UùPHOHUGH
VRUXQXQo|]OHFHöLQHLNQDROGXP³
LIDGHOHULQLNXOODQPÔùWÔ
%DQN3R]LWLIPRELO
X\JXODPDV®Q®\HQLOHGL
÷67$1%8/$$%DQN3R]LWLI\HQLOHGLöLPRELO
X\JXODPDVÔ\ODDQÔQGDNUHGLEDùYXUXVXKHVDSODU
DUDVÔSDUDWUDQVIHULYHNUHGL|GHPHOHULJLELRODQDNODUOD
]DPDQGDQWDVDUUXIVDöOÔ\RU
%DQN3R]LWLI
WHQ\DSÔODQDoÔNODPD\DJ|UHEDQND
DQÔQGDNUHGLEDùYXUXVXQGDQKHVDSODUDUDVÔQGDSDUD
WUDQVIHULQHNUHGL|GHPHVLQLQJHUoHNOHùWLULOPHVLQGHQ|GHPHOHULQWDNLELQHNDGDUELUoRN\HQLOLNVXQDQ
\HQLPRELOX\JXODPDVÔLOHD\QÔDQGDELUoRNLùOHPL
SDUPDNODUÔQXFXQDJHWLUL\RU
<HQLX\JXODPD,26
WDNXOODQÔOÔUNHQ\DNÔQ]DPDQGD$QGURLGLùOHWLPVLVWHPOLWHOHIRQODUGDGDNXOODQÔPD
DoÔODFDNøXEHOHULQL\ÔOÔQGDQEX\DQDLQWHUQHW
RUWDPÔQDWDùÔ\DUDNGLMLWDOEDQNDFÔOÔöÔQDGUHVLRODQ
%DQN3R]LWLIPùWHULVLLOHWPLOHWLùLPLLQWHUQHW]HULQGHQVDöOD\DUDN\HQLQHVLOEDQNDFÔOÔNKL]PHWLVXQX\RU
%|\OHFHEDQNDVXQGXöXKL]PHWOHULOHNUHGL
LKWL\DoODUÔQDDQÔQGDo|]PEXOXUNHQ]DPDQGDQGD
WDVDUUXIVDöOÔ\RU
.UHGLLoLQ%DQN3R]LWLI
LWHUFLKHGHQOHUEDQNDQÔQ
PùWHULVLROVXQYH\DROPDVÔQEDùYXUGXNODUÔDQGD
RQD\DOÔ\RU<HQLOHQHQPRELOX\JXODPDVRQXFXWHOHIRQ
LOHPDVUDIÔROPD\DQGRV\DYHVLJRUWDFUHWLDOÔQPD\DQNDPSDQ\DODUODWNHWLFLOHULKWL\DoODUÔRODQPLNWDUGD
NUHGL\LoRNX\JXQIDL]RUDQODUÔ\ODNXOODQDELOL\RU
06%$1.$5$ø1ù$$7(0/$.%g/*(%$ù.$1/,ö,
07.<+ò=0(7%ò1$6,1$(1*(//ò$6$16g5h<$3,0,\DSÐPLôLVD\ÐOÐ.DPXòKDOH.DQXQXQXQXQFXPDGGHVLQH
J|UHDoÐNLKDOHXVXOLOHLKDOHHGLOHFHNWLUòKDOH\HLOLôNLQD\UÐQWÐOÐELOJLOHUDôDñÐGD\HUDOPDNWDGÐU
òKDOH.D\ÐW1XPDUDVÐ
òGDUHQLQ
D$GUHVL06%$1.$5$ò1ó$$7(0/$.%g/*(%$ó.$1/,ð,.ò5$=/,'(5(%$.$1/,./$5d$1.$<$$1.$5$
E7HOHIRQYHIDNVQXPDUDVÐ
F(OHNWURQLN3RVWD$GUHVLWHVXSDQNDUD#PVEJRYWU
oòKDOHGRNPDQÐQÐQJ|UOHELOHFHñLLQWHUQHWDGUHVLKWWSVHNDSNLNJRYWU(.$3
òKDOHNRQXVX\DSÐPLôLQLQ
D1LWHOLñLWUYHPLNWDUÐ<DOQÐ].DOHP(QJHOOL$VDQV|U<DSÐPÐò1ó$$7ò0$/$7,0(.$1ò.ò0$/$7,
(/(.75ò.ò0$/$7,
$\UÐQWÐOÐELOJL\H(.$3µWD\HUDODQLKDOHGRNPDQÐLoLQGHEXOXQDQLGDULôDUWQDPHGHQXODôÐODELOLU
E<DSÐODFDñÐ\HUdDQND\D$1.$5$
FòôHEDôODPDWDULKL6|]OHôPHQLQLP]DODQGÐñÐWDULKWHQLWLEDUHQJQLoLQGH\HUWHVOLPL\DSÐODUDNLôHEDôODQDFDNWÐU
oòôLQVUHVL<HUWHVOLPLQGHQLWLEDUHQ<(70òóWDNYLPJQGU
òKDOHQLQ
D<DSÐODFDñÐ\HU06%$1.$5$ò1ó$$7(0/$.%g/*(%$ó.$1/,ð,.ò5$=/,'(5(%$.$1/,./$5d$1.$<$$1.$5$
E7DULKLYHVDDWL
òKDOH\HNDWÐODELOPHôDUWODUÐYHLVWHQLOHQEHOJHOHULOH\HWHUOLNGHñHUOHQGLUPHVLQGHX\JXODQDFDNNULWHUOHU
òKDOH\HNDWÐOPDôDUWODUÐYHLVWHQLOHQEHOJHOHU
0HY]XDWÐJHUHñLND\ÐWOÐROGXñX7LFDUHWYHYH\D6DQD\L2GDVÐ\DGD(VQDIYH6DQDWNDUODU2GDVÐYH\DLOJLOL0HVOHN2GDVÐ
%HOJHVL
*HUoHNNLôLROPDVÐKDOLQGHND\ÐWOÐROGXñXWLFDUHWYHYH\DVDQD\LRGDVÐQGDQ\DGDHVQDIYHVkQDWNDURGDVÐQGDQYH\DLO
JLOLPHVOHNRGDVÐQGDQLONLODQYH\DLKDOHWDULKLQLQLoLQGHEXOXQGXñX\ÐOGDDOÐQPÐôRGD\DND\ÐWOÐROGXñXQXJ|VWHULUEHOJH
7]HONLôLROPDVÐKDOLQGHLOJLOLPHY]XDWÐJHUHñLND\ÐWOÐEXOXQGXñX7LFDUHWYHYH\D6DQD\L2GDVÐQGDQLONLODQYH\DLKDOH
WDULKLQLQLoLQGHEXOXQGXñX\ÐOGDDOÐQPÐôW]HONLôLOLñLQRGD\DND\ÐWOÐROGXñXQXJ|VWHULUEHOJH
7HNOLIYHUPH\H\HWNLOLROGXñXQXJ|VWHUHQòP]D%H\DQQDPHVLYH\DòP]D6LUNOHUL
*HUoHNNLôLROPDVÐKDOLQGHQRWHUWDVGLNOLLP]DEH\DQQDPHVL
7]HONLôLROPDVÐKDOLQGHLOJLVLQHJ|UHW]HONLôLOLñLQRUWDNODUЁ\HOHULYH\DNXUXFXODUÐLOHW]HONLôLOLñLQ\|QHWLPLQGHNLJ|
UHYOLOHULEHOLUWHQVRQGXUXPXJ|VWHULU7LFDUHW6LFLO*D]HWHVLEXELOJLOHULQWDPDPÐQÐQELU7LFDUHW6LFLO*D]HWHVLQGHEXOXQPDPDVÐ
KDOLQGHEXELOJLOHULQWPQJ|VWHUPHN]HUHLOJLOL7LFDUHW6LFLO*D]HWHOHULYH\DEXKXVXVODUÐJ|VWHUHQEHOJHOHULOHW]HONLôLOLñLQ
QRWHUWDVGLNOLLP]DVLUNOHUL
óHNOLYHLoHULñLòGDULóDUWQDPHGHEHOLUOHQHQWHNOLIPHNWXEX
óHNOLYHLoHULñLòGDULóDUWQDPHGHEHOLUOHQHQJHoLFLWHPLQDW
òKDOHNRQXVXLôWHLGDUHQLQRQD\ÐLOHDOW\NOHQLFLoDOÐôWÐUÐODELOLU$QFDNLôLQWDPDPÐDOW\NOHQLFLOHUH\DSWÐUÐODPD]
7]HONLôLWDUDIÐQGDQLôGHQH\LPLJ|VWHUPHN]HUHVXQXODQEHOJHQLQW]HONLôLOLñLQ\DUÐVÐQGDQID]ODKLVVHVLQHVDKLSRUWD
ñÐQDDLWROPDVÐKDOLQGHWLFDUHWYHVDQD\LRGDVÐWLFDUHWRGDVÐEQ\HVLQGHEXOXQDQWLFDUHWVLFLOPHPXUOXNODUÐYH\DVHUEHVWPXKD
VHEHFL\HPLQOLPDOLPôDYLU\DGDVHUEHVWPXKDVHEHFLPDOLPôDYLUWDUDIÐQGDQLONLODQWDULKLQGHQVRQUDG]HQOHQHQYHG]HQ
OHQGLñLWDULKWHQJHUL\HGRñUXVRQELU\ÐOGÐUNHVLQWLVL]RODUDNEXôDUWÐQNRUXQGXñXQXJ|VWHUHQEHOJH
(NRQRPLNYHPDOL\HWHUOLñHLOLôNLQEHOJHOHUYHEXEHOJHOHULQWDôÐPDVÐJHUHNHQNULWHUOHU
òGDUHWDUDIÐQGDQHNRQRPLNYHPDOL\HWHUOLñHLOLôNLQNULWHUEHOLUWLOPHPLôWLU
0HVOHNLYH7HNQLN\HWHUOLñHLOLôNLQEHOJHOHUYHEXEHOJHOHULQWDôÐPDVÐJHUHNHQNULWHUOHU
òôGHQH\LPEHOJHOHUL
6RQRQEHô\ÐOLoLQGHEHGHOLoHUHQELUV|]OHôPHNDSVDPÐQGDWDDKKWHGLOHQYHWHNOLIHGLOHQEHGHOLQRUDQÐQGDQD]ROPD
PDN]HUHLKDOHNRQXVXLôYH\DEHQ]HULôOHUHLOLôNLQLôGHQH\LPLQLJ|VWHUHQEHOJHOHU
%XLKDOHGHEHQ]HULôRODUDNNDEXOHGLOHFHNLôOHUYHEHQ]HULôOHUHGHQNVD\ÐODFDNPKHQGLVOLNYHPLPDUOÐNE|OPOHUL
%XLKDOHGHEHQ]HULôRODUDNNDEXOHGLOHFHNLôOHU
WDULKYHVD\ÐOÐ5HVPL*D]HWHGH\D\ÐPODQDQ²<DSÐPòôOHULQGH%HQ]HUòô*UXSODUÐ7HEOLñL³QGH\HUDODQ&,,,
*58%8òó/(5%(1=(5òó2/$5$.'(ð(5/(1'ò5ò/(&(.7ò5òKDOHNRQXVXLôHLOLôNLQLôGHQH\LPEHOJHOHULVXQXODELOHFHñL
JLELLKDOHNRQXVXLôLGHLoHUHQLôGHQH\LPEHOJHOHULGHVXQXODELOHFHNWLU$QFDNEXGXUXPGDLKDOHNRQXVXLôHDLWLôWXWDUÐLôGHQH
\LPEHOJHVL]HULQGHQWHVSLWHGLOHELOPHOLGLUòôGHQH\LPEHOJHVLEXELOJL\LLoHUPL\RUVDLKDOHNRQXVXLôHDLWLôWXWDUÐQÐQWHVSLWHGL
OHELOHFHñLELOJLYHEHOJHOHULQWHNOLINDSVDPÐQGDVXQXOPDVÐ]RUXQOXGXU
%HQ]HULôHGHQNVD\ÐODFDNPKHQGLVOLNYH\DPLPDUOÐNE|OPOHUL
0H]XQL\HWEHOJHOHULGLSORPDODU0$.ò1(0h+(1'ò6/òðò9(<$(/(.75ò.0h+(1'ò6/òðò
(NRQRPLNDoÐGDQHQDYDQWDMOÐWHNOLIVDGHFHIL\DWHVDVÐQDJ|UHEHOLUOHQHFHNWLU
òKDOH\HVDGHFH\HUOLLVWHNOLOHUNDWÐODELOHFHNWLU
òKDOHGRNPDQÐQÐQJ|UOPHVLYHVDWÐQDOÐQPDVÐ
òKDOHGRNPDQÐLGDUHQLQDGUHVLQGHJ|UOHELOLUYH75<7UN/LUDVÐNDUôÐOÐñÐ06%$1.$5$ò1ó$$7(0/$.%g/*(
%$ó.$1/,ð,.ò5$=/,'(5(%$.$1/,./$5d$1.$<$$1.$5$DGUHVLQGHQVDWÐQDOÐQDELOLU
òKDOH\HWHNOLIYHUHFHNRODQODUÐQLKDOHGRNPDQÐQÐVDWÐQDOPDODUÐYH\D(.$3]HULQGHQHLP]DNXOODQDUDNLQGLUPHOHUL]RUXQOXGXU
7HNOLIOHULKDOHWDULKYHVDDWLQHNDGDU06%$1.$5$ò1ó$$7(0/$.%g/*(%$ó.$1/,ð,.ò5$=/,'(5(%$.$1/,./$5
d$1.$<$$1.$5$DGUHVLQHHOGHQWHVOLPHGLOHELOHFHñLJLELD\QÐDGUHVHLDGHOLWDDKKWOSRVWDYDVÐWDVÐ\ODGDJ|QGHULOHELOLU
òVWHNOLOHUWHNOLIOHULQLDQDKWDUWHVOLPLJ|WUEHGHO]HULQGHQYHUHFHNWLUòKDOHVRQXFX]HULQHLKDOH\DSÐODQLVWHNOL\OHDQDKWDU
WHVOLPLJ|WUEHGHOV|]OHôPHLP]DODQDFDNWÐU%XLKDOHGHLôLQWDPDPÐLoLQWHNOLIYHULOHFHNWLU
òVWHNOLOHUWHNOLIHWWLNOHULEHGHOLQµQGHQD]ROPDPDN]HUHNHQGLEHOLUOH\HFHNOHULWXWDUGDJHoLFLWHPLQDWYHUHFHNOHUGLU
9HULOHQWHNOLIOHULQJHoHUOLOLNVUHVLLKDOHWDULKLQGHQLWLEDUHQ\]\LUPLWDNYLPJQGU
.RQVRUVL\XPRODUDNLKDOH\HWHNOLIYHULOHPH]
'LñHUKXVXVODUòKDOHGH8\JXODQDFDN6ÐQÐU'HñHU.DWVD\ÐVÐ1
7HNOLILVÐQÐUGHñHULQDOWÐQGDROGXñXWHVSLWHGLOHQLVWHNOLOHULQWHNOLIOHUL.DQXQXQLQFLPDGGHVLQGH|QJ|UOHQDoÐNODPDLVWHQPHN
VL]LQUHGGHGLOHFHNWLU
5HVPLLODQODUZZZLODQJRYWU¶GH
www.24saatgazetesi.com
%$6,1ZZZELNJRYWU
6$$7(.2120÷
$õ867263$=$57(6÷
3DUDWLNDHWLFDUHWVHNW¦U«Q«Q\HQLR\XQFXVXROGX
+$%(50(5.(=÷÷67$1%8/$YUXSD
QÔQHQE\N
\D]ÔOÔPILUPDVÔ$VVHFR*UXSEQ\HVLQGHRODQ$VVHFR6((
H|GHPHNRQXVXQGDNL\ÔOOÔNELOJLELULNLPLYHGHQH\LPL
LOH1HVWSD\gGHPH+L]PHWOHUL$øµ\LKD\DWDJHoLUGL
VD\ÔOÔ²gGHPHYH0HQNXO.Ô\PHW0XWDEDNDW6LVWHPOHUL
gGHPH+L]PHWOHULYH(OHNWURQLN3DUD.XUXOXùODUÔ³KDNNÔQGDNLNDQXQoHUoHYHVLQGHHWLFDUHWILUPDODUÔQDVDQDO326
KL]PHWLYHUPHNLoLQNXUXODQ1HVWSD\gGHPH+L]PHWOHUL$ø
3DUDWLNDPDUNDVÔLOH%''.µGDQDOÔQDQOLVDQVNDSVDPÔQGD
VDQDO326KL]PHWLYHUHFHN
3$5$7÷.$÷/(7h.(7÷&÷/(5÷1+$66$6%÷/*÷/(5÷(1h67*h9(1/÷.6(9÷<(6÷</(.2581$&$.
3DUDWLNDELUGHQID]ODEDQNDQÔQVDQDO326DOW\DSÔVÔQD
HQWHJUHRODUDNDQODùPDOÔEDQNDODUÔQNUHGLNDUWODUÔQDWDNVLW
LPNkQÔVXQX\RU7HNIL\DWODPDYHWHNSDQHOGHQPXWDEDNDW
3DODQG¦NHQ¯HKLULžL
\ROFXWD°®PDF®O®³®QGD
.'9G«°«U«OPHOL
$1.$5$øHKLULoL\ROFXWDùÔPDFÔOÔöÔ\DSDQ
HVQDIÔQNDPXKL]PHWLYHUGLöLQLEHOLUWHQ7(6.*HQHO
%DùNDQÔ%HQGHYL3DODQG|NHQ²øHKLULoL\ROFXWDùÔPDFÔOÔöÔQGD.'9RUDQÔ\]GHµHGùUOPHOL³GHGL
²(61$),10$/÷<(7/(5÷<h.6(.³
7RSOXWDùÔPDKL]PHWOHULQGHWDùÔPDFUHWOHULQLQ
EHOHGL\HOHUWDUDIÔQGDQEHOLUOHQPHVLQLQPDOL\HWH
J|UHIL\DWEHOLUOHQPHVLQHLPNDQYHUPHGLöLQLEHOLUWHQ
3DODQG|NHQ²÷OJLOLNDQXQJHUHöLQFHFUHWVL]WDùÔPDEHOLUOLELUVUHLoLQGHLNLQFLNH]ELQLOHQWDùÔWLoLQ
FUHW|GHQPHPHVLYH\DLQGLULPOLFUHW|GHQPHVL
JLELJ|UQPH\HQJLGHUNDOHPOHULWDùÔPDFÔHVQDIÔPÔ]ÔQHQE\NVRUXQODUÔQÔQEDùÔQGDJHOL\RU³GL\H
NRQXùWX
²<2/&87$ø,0$&,/,õ,1,1
.'9´6÷'hø0(/÷³
øHKLULoL\ROFXWDùÔPDFÔOÔöÔQGDIDUNOÔ.'9RUDQODUÔQÔQX\JXODQGÔöÔQÔV|\OH\HQ7UNL\H(VQDIYH6DQDWNDUODUÔ.RQIHGHUDV\RQX7(6.*HQHO%DùNDQÔ
%HQGHYL3DODQG|NHQ²%LU|öUHQFLHöHURNXOXQD
|öUHQFLVHUYLVLLOHJLGHUVH\]GH.'9|GHUNHQ
D\QÔ\ROXWRSOXWDùÔPDUDoODUÔ\OD\DSWÔöÔQGD\]GH
.'9|GHPHNWHGLUøHKLULoL\ROFXWDùÔPDFÔOÔöÔQGD
IDUNOÔX\JXODPDQÔQNDOGÔUÔOPDVÔYH.'9µQLQGùUOPHVLQLLVWL\RUX]³ùHNOLQGHNRQXùWX
²%÷5d2.$%h/.(6÷1'(.'96,),5³
$YUXSDµQÔQONHVLQLQµVLQGHùHKLULoL
\ROFXWDùÔPDFÔOÔöÔQGDX\JXODQDQ.'9RUDQODUÔQÔQONHOHULQGHNLVWDQGDUW.'9RUDQÔQGDQGDKD
GùNGùNROGXöXQXLIDGHHGHQ3DODQG|NHQ²%X
ONHOHUGHQDOWÔVÔQGD\ROFXWDùÔPDFÔOÔöÔQGDQ.'9
DOÔQPÔ\RU<DQL'DQLPDUND÷UODQGD/NVHPEXUJ
+ROODQGD6ORYDN\DYH÷QJLOWHUHµGHVÔIÔURUDQX\JXODQÔ\RUONHGHLVHùHKLULoL\ROFXWDùÔPDFÔOÔöÔQGD
QHUHGH\VH\DUÔ\DUÔ.'9DOÔQÔ\RU$OPDQ\DµGD\]GHVWDQGDUW.'9RUDQÔ\]GHµ\H)UDQVDµGD
\]GHµGDQ\]GHµ\H3RUWHNL]µGH\]GH
µGHQ\]GHµ\D<XQDQLVWDQµGD\]GHµWHQ
\]GHµHLQGLULOGLöLQLJ|U\RUX]%L]GHGH.'9
RUDQODUÔ$YUXSDµGDROGXöXJLELLQGLULOPHOLGLU³GHGL
NROD\OÔöÔLOH\HLù\HUOHULQHSDNHWRODUDNVDQDO326o|]P
VDöOÔ\RU.DUWNXOODQÔFÔODUÔQÔQHQKDVVDVROGXöXNRQXODUÔQ
EDùÔQGDNUHGLNDUWÔJYHQOLöLYHNDUWELOJLOHULQLQNRS\DODQPDVÔJHOL\RU.UHGLNDUWÔYHULYHLùOHPJYHQOLöLQGHGQ\DQÔQ
HQVWG]H\VWDQGDUGÔRODQ3&,'66VHUWLILNDVÔ\ODX\XPOX
RODQ3DUDWLNDLOHNUHGLNDUWÔVDNODPDLùOHPOHULJYHQOLùHNLOGH
\DSÔOÔ\RU$\UÔFDNUHGLNDUWÔVDNODPDKL]PHWLQGHQ\DUDUODQDQ
HWLFDUHWILUPDODUÔWHNWÔNOD|GHPHNROD\OÔöÔLOHVRQNXOODQÔFÔODUDKÔ]OÔ|GHPHLPNDQÔGDVXQPXùROX\RU1HVWSD\
gGHPH+L]PHWOHUL$ø*HQHO0GU+DWLFH$\DVNRQX\OD
LOJLOLRODUDN²7UNL\H
QLQ|QGHJHOHQEDQNDODUÔQDYHHWLFDUHW
ILUPDODUÔQD$VVHFR6((RODUDNJHQLùELOJLELULPLPL]YH
WHFUEHPL]LOHNDSVDPOÔH|GHPHo|]POHULVXQX\RUX]
øLPGLLVH1HVW3D\gGHPH+L]PHWOHULùLUNHWLQLQPDUNDVÔRODQ
3DUDWLNDLOHHWLFDUHW\DSPDNLVWH\HQWPILUPDODUDVDQDO
326o|]PVXQDFDöÔ]
ōŸEÞĶɴ_ˡ˟ˡˢÌs_s¯ÞʰˡˤŎÞĶɴNj
_ŸĶNjȤNjsǼÞŎʰˠ˟ŎÞĶɴNj_ŸĶNjÞÌNjOǼ
÷67$1%8/6$$7+HPLPDODWKHPGHPRELO\D
PDöD]DFÔOÔöÔDODQÔQGDNLILUPDODUÔELUoDWÔDOWÔQGDWRSOD\DQ
VHNW|UQWHNVWNXUXOXùX0RELO\D'HUQHNOHUL)HGHUDV\RQX
026)('G]HQOHGLöL%DVÔQ6RKEHW7RSODQWÔVÔQGDPRELO\DVHNW|UQPHUFHNDOWÔQDDOGÔ
6HNW|UQ\XUWLoLYH\XUWGÔùÔQGDNLPHYFXWGXUXPXQX
UDNDPVDOYHULOHUÔùÔöÔQGDGHöHUOHQGLUHQ026)('LoLQGH
EXOXQGXöXPX]VUHoWHVHNW|UQ\ROKDULWDVÔLOH\DWÔUÔPODUÔQÔYHKHGHIOHULQLSD\ODùWÔ
7RSODQWÔGDNRQXùDQ026)('<|QHWLP.XUXOX%DùNDQÔ
$KPHW*OHoV|]OHULQH6HNW|UQoDWÔNXUXOXùXRODUDN
WPLùGQ\DVÔJLELEL]GH7HPPX]
GDNLKDLQGDUEH
JLULùLPLQLNÔQÔ\RUX]GL\HUHNEDùODGÔ*OHoNRQXùPDVÔQD
ù|\OHGHYDPHWWL7UNL\H
QLQEWQOöQYHGQ\DGDNL
SUHVWLMLQLKHGHIDODQEXNDONÔùPDQÔQWDULKLQo|SOöQHJ|QGHULOPHVLQGH6D\ÔQ&XPKXUEDùNDQÔPÔ]ÔQGLUHNWLIOHULGRöUXOWXVXQGDVDöGX\XOXELUùHNLOGHVRNDNODUDoÔNDUDNE\N
SD\VDKLELRODQD]L]PLOOHWLPL]HùNUDQODUÔPÔVXQX\RUXP
7UNL\HKDONÔQDD]L]VÔIDWÔQÔQEXNDGDU\DNÔùWÔöÔELUG|QHP
J|UPHGLP%XD]L]VÔIDWÔ7UNL\H
\HJHUoHNWHQoRN\DNÔùWÔ
0XKDOHIHWLGHEXVUHoWHNLGXUXùODUÔQGDQGROD\ÔWHEULN
HGL\RUX]<DSÔVDOUHIRUPODULOHJoOHQHQHNRQRPLPL]LQ
EXYHEXQDEHQ]HUJLULùLPOHUHNDUùÔNÔUÔOJDQROPDGÔöÔQÔ
V|\OH\HQ$KPHW*OHo7UNL\HHNRQRPLVLQLQoDUNODUÔQÔQ
G|QPH\HGHYDPHWWLöLQLEHOLUWWL'DUEHJLULùLPLQGHQKHPHQ
VRQUDIHGHUDV\RQRODUDNWRSODQGÔNODUÔQÔYH
IDDOL\HWOHULQLNRQXùWXNODUÔQÔGLOHJHWLUHQ*OHo0RELO\D
VHNW|URODUDNGQGHQGDKDJUELUVHVOHLùLPL]LQEDùÔQGD\Ô]GL\RUX]GHGL
7UNL\HPRELO\DVHNW|UQQHPLQYHVDöODPDGÔPODUOD
\ROXQDGHYDPHGHFHöLQLYXUJXOD\DQ*OHoVHNW|UQ
KHGHIOHULQHXODùPD\ROXQGDEWQKÔ]Ô\OD\DWÔUÔPODUÔQÔYH
oDOÔùPDODUÔQÔVUGUGöQND\GHWWL\ÔOÔQGDGQ\DQÔQEHùPRELO\DONHVLQGHQELULROPD\ÔKHGHIOHGLNOHQL
ELOGLUHQ*OHoPLO\DUGRODUUHWLPPLO\DUGRODUGD
LKUDFDWUDNDPÔQDXODùPD\ÔSODQODGÔNODUÔQÔDoÔNODGÔ3D]DU
KDFPLQLQLVHPLO\DUGRODUDXODùPDVÔQÔDPDoODGÔNODUÔQÔ
LIDGHHGHQ*OHoHQD]7DVDUÔP0HUNH]LQHGHVDKLS
ROPD\ÔKHGHIOHGLNOHULQLEHOLUWWL*OHoPRELO\DVHNW|UQQ\ÔOÔKHGHIOHULQHXODùPDVÔLoLQJHUoHNOHùWLUPHVL
EXOXQGXöXQXELOGLUHQ$KPHW*OHo\ÔOÔQGD
PLO\DUGRODUOÔNUHWLPLQJHUoHNOHùWLöLQLLIDGHHWWL6HNW|UQ
ELQNLùL\LGHLVWLKGDPHWWLöLQLYHVHNW|UQPLO\DU
GRODUOÔNELUE\NOöHVDKLSROGXöXQXND\GHGHQ*OHo
0RELO\DGÔùWLFDUHWID]ODVÔYHUHQYHLVWLKGDPGRVWXELU
VHNW|UGUVHNW|UGHHWNLOHUGHGL
12.7$<$÷+5$&$7÷+5$&$73$=$5/$5,0,=÷d÷1'($%'÷/..(=÷/.÷d÷1'(
026)('<|QHWLP.XUXOX%DùNDQÔ$KPHW*OHo
JHUHNHQ\DSÔVDOPGDKDOHOHULLVHù|\OHVÔUDODGÔgQFHOLNOL
RODUDNNXUXPVDOODùPDOÔ\Ô].2%÷\DSÔVԁUHWLPGHHVQHNOLN
DYDQWDMÔLoHUVHGH|QP]GHNLG|QHPGHELUOHùPHVDWÔQ
DOPDODUOD|OoHNOHULPL]LE\WPHOL\L]0HYFXW|OFHNOHU
ILUPDODUÔPÔ]LoLQNÔUÔOJDQOÔNUHWL\RUgQP]GHNL\ÔOODUGDIDEULNDODUÔPÔ]EXOXWWHPHOOLWHNQRORMLOHUYHHQGVWUL
X\JXODPDODUÔQDDGDSWHRODFDN7DVDUÔPYH$5*(
UDNDPODUÔQGDKDUHNHWOHQPHROVDGDJHULGH\L]'Q\DGD
PRELO\DVHNW|UELU|QFHNL\ÔODJ|UHWDVDUÔPEDùYXUXVXQGD
\]GHE\PHLOHEHùLQFL
GD\UUOöHJLUHQ
7DVDUÔP<DVDVÔ
QGDQYHWDVDUÔPODLOJLOLGLöHUWHùYLNOHULQGHQID\GDODQDUDN7UNPRELO\DVÔQÔQNDOLWHVLQLDUWÔUPDOÔ\Ô]
7HPPX]LWLEDUÔLOH\]GHRODQNDSDVLWHNXOODQÔP
RUDQÔPÔ]Ô\NVHOWPHOL\L]6DQD\LQLYHUVLWHLùELUOLöLQHGDKD
\NVHNG]H\GHLKWL\DFÔPÔ]YDU%XGRöUXOWXGD&15÷02%
EQ\HVLQGHWDVDUÔPVHUJLOHULYH\DUÔùPDODUÔG]HQOL\RUX]
%XUDGDEDùDUÔOÔRODQWDVDUÔPODUILUPDODUÔPÔ]WDUDIÔQGDQ
UHWLOL\RU.'9QDYOXQGHVWHNOHULGHKD\DWL\HWDU]HGL\RU
%÷1.÷ø÷<(÷67÷+'$06$õ/,<25
gWH\DQGDQ026)('%DùNDQÔ$KPHW*OHo7UNL\H
PRELO\DVHNW|UQQPHYFXWGXUXPXQXHQGVWULDUDùWÔUPDODUÔNRQXVXQGDGQ\DQÔQHQVD\JÔQNXUXPODUÔQGDQ
&6,/
QÔQ\ÔOOÔNGQ\DPRELO\DUDSRUXYHULOHULGRöUXOWXVXQGD
GHöHUOHQGLUGL7UNL\H
GHLOGHELQPRELO\DUHWLFLVLQLQ
6HNW|UQLKUDFDWSRWDQVL\HOLKDNNÔQGDGDELOJLYHUHQ
*OHoVHNW|UGH\ÔOÔQGDPLO\DUGRODUOÔNLKUDFDW
JHUoHNOHùWLULOGLöLQLELOGLUGL÷KUDFDWWD7UNL\H
QLQVÔUDGD
\HUDOGÔöÔQÔV|\OH\HQ*OHoLKUDoSD]DUODUÔQÔLVH,UDN
6XXGL$UDELVWDQ/LE\D$OPDQ\D$]HUED\FDQ)UDQVD
7UNPHQLVWDQ÷QJLOWHUH%LUOHùLN$UDS(PLNOLNOHUL$%'RODUDNVÔUDODGÔ+HGHISD]DUODUÔQGD$%'$OPDQ\D)UDQVD
YH÷QJLOWHUHROGXöXQXGLOHJHWLUHQ*OHoV|]OHULQLù|\OH
VUGUGQRNWD\DLKUDFDWJHUoHNOHùWLUL\RUX]÷KUDFDWoÔILUPDVD\ÔPÔ]LVHELQ6XXGL$UDELVWDQ
DLKUDFDWÔPÔ]
GD\]GH÷QJLOWHUH
\H\]GH$%'
\H\]GH
\NVHOGL6L\DVLNUL]\DùDGÔöÔPÔ]5XV\DLVHLON
GDNL
\HULQLND\EHGHUNHQRQXQ\HULQL$PHULND%LUOHùLN'HYOHWOHUL
DOGÔ%XoRN|QHPOLELUJHOLùPH%LUNDo\ÔOGÔUWRKXPODUÔQÔ
HNWLöLPL]DGÔPODUILOL]OHQPH\HEDùODGÔ*HOHFHN\ÔOODUGD
$%'LKUDFDWÔPÔ]ÔQNDWODQDUDNDUWPDVÔQÔEHNOL\RUX]
5DNLSOHULPL]HJ|UHGHUHWLPLKUDFDWRUDQÔPÔ]\]GH
LOHoRNDùDöÔGD*HoHQ\ÔOLVH\]GHLGL2\VDNLEX
RUDQUDNLSOHULPL]GHQ5RPDQ\D
GD\]GH9LHWQDP
GD
\]GH3RORQ\D
GD\]GH0HNVLND
GD\]GH
7UNL\H
QLQPRELO\DGDLKUDFDWÔQÔDUWÔUDELOPHVLLoLQ
\DSÔOPDVÔJHUHNHQOHULDQODWDQ$KPHW*OHo|QFHOLNOHHWNLOL
SD]DUYHPùWHULDQDOL]L\DSÔOPDVÔJHUHNWLöLQLV|\OHGL1Lù
SD]DUODUÔQEXOXQXS7UNPRELO\DVHNW|UQQ|\NVYH
SRWDQVL\HOLQLQDQODWÔOPDVÔQÔQ|QHPLQHLùDUHWHGHQ*OHo
7UNL\HPRELO\DVHNW|UQQSRWDQVL\HOLQL6DORQL0LODQR
*XDQ]KRXøDQJD\'XEDL.|OQ%RPED\+LJK3RLQW
JLELIXDUODUGDGQ\DGDNLSDUWQHUOHULPL]HGRVWODUÔPÔ]D
DQODWPD\DGHYDPHGHFHöL]'Q\DQÔQLNLQFL$YUXSD
QÔQ
ELUQXPDUDOÔIXDUÔ&15÷02%
XNRQVHSWGHöLùLNOLöLLOH\LQH
E\NLKWLùDPODG]HQOH\HFHöL]GHGL
+$9$.899(7/(5ø.2087$1/,ö,*$<5ø0(1.8/180$5$/,.$5$5*$+%ø1$6,d$7,21$5,0,<$3,0øùø
0ø//ø6$9810$%$.$1/,ö,*(1(/.850$<%$ù.$1/,ö,
%$ö/,/$5,9(0h67(ù$5/,.+9...+'(67.7*53./,ö,
+$9$.899(7/(5ò.2087$1/,ð,*$<5ò0(1.8/180$5$/,.$5$5*$+%ò1$
6,d$7,21$5,0,<$3,0òóò\DSÐPLôLVD\ÐOÐ.DPXòKDOH.DQXQXQXQXQFXPDGGHVLQH
J|UHDoÐNLKDOHXVXOLOHLKDOHHGLOHFHNWLUòKDOH\HLOLôNLQD\UÐQWÐOÐELOJLOHUDôDñÐGD\HUDOPDNWDGÐU
òKDOH.D\ÐW1XPDUDVÐ
òGDUHQLQ
D$GUHVLò1g1h%8/9$5,%$.$1/,./$5d$1.$<$$1.$5$
E7HOHIRQYHIDNVQXPDUDVÐò+$/(òó/(0/(5òòdò17(.
1ò.%ò/*ò'(7$</$59(òó<(5ò1ò1*g5h/0(6òòdò1
F(OHNWURQLN3RVWD$GUHVL+9..,+.20#KYNNWVNWU
oòKDOHGRNPDQÐQÐQJ|UOHELOHFHñLLQWHUQHWDGUHVLKWWSVHNDSNLNJRYWU(.$3
òKDOHNRQXVX\DSÐPLôLQLQ
D1LWHOLñLWUYHPLNWDUÐ%LU$GHW%DNÐU.DSODPDOÐ%HWRQDUPH%LQDdDWÐVÐQÐQ.LP\DVDO
0DO]HPHòOH3RO\XUHDò]ROD\RQXQD$LW<DSÐP%DNÐPYH2QDUÐPòôL
$\UÐQWÐOÐELOJL\H(.$3µWD\HUDODQLKDOHGRNPDQÐLoLQGHEXOXQDQLGDULôDUWQDPHGHQXODôÐODELOLU
E<DSÐODFDñÐ\HU+DYD.XYYHWOHUL.RPXWDQOÐñÐ.DUDUJDK.ÐôODVÐòQ|Q%XOYDUÐ%DNDQOÐNODU
dDQND\D$1.$5$
FòôHEDôODPDWDULKL6|]OHôPHQLQLP]DODQGÐñÐWDULKWHQLWLEDUHQJQLoLQGH\HUWHVOLPL\DSÐ
ODUDNLôHEDôODQDFDNWÐU
oòôLQVUHVL<HUWHVOLPLQGHQLWLEDUHQRWX]WDNYLPJQGU
òKDOHQLQ
D<DSÐODFDñÐ\HU+DYD.XYYHWOHUL.RPXWDQOÐñÐòKDOH.RPLV\RQ%DôNDQOÐñÐòQ|Q%XOYDUÐ%D
NDQOÐNODUdDQND\D$1.$5$
E7DULKLYHVDDWL
òKDOH\HNDWÐODELOPHôDUWODUÐYHLVWHQLOHQEHOJHOHULOH\HWHUOLNGHñHUOHQGLUPHVLQGHX\JXODQDFDN
NULWHUOHU
òKDOH\HNDWÐOPDôDUWODUÐYHLVWHQLOHQEHOJHOHU
0HY]XDWÐJHUHñLND\ÐWOÐROGXñX7LFDUHWYHYH\D6DQD\L2GDVÐ\DGD(VQDIYH6DQDWNDUODU
2GDVÐYH\DLOJLOL0HVOHN2GDVÐ%HOJHVL
*HUoHNNLôLROPDVÐKDOLQGHND\ÐWOÐROGXñXWLFDUHWYHYH\DVDQD\LRGDVÐQGDQ\DGDHVQDI
YHVkQDWNDURGDVÐQGDQYH\DLOJLOLPHVOHNRGDVÐQGDQLONLODQYH\DLKDOHWDULKLQLQLoLQGHEXOXQGX
ñX\ÐOGDDOÐQPÐôRGD\DND\ÐWOÐROGXñXQXJ|VWHULUEHOJH
7]HONLôLROPDVÐKDOLQGHLOJLOLPHY]XDWÐJHUHñLND\ÐWOÐEXOXQGXñX7LFDUHWYHYH\D6D
QD\L2GDVÐQGDQLONLODQYH\DLKDOHWDULKLQLQLoLQGHEXOXQGXñX\ÐOGDDOÐQPÐôW]HONLôLOLñLQRGD\D
ND\ÐWOÐROGXñXQXJ|VWHULUEHOJH
7HNOLIYHUPH\H\HWNLOLROGXñXQXJ|VWHUHQòP]D%H\DQQDPHVLYH\DòP]D6LUNOHUL
*HUoHNNLôLROPDVÐKDOLQGHQRWHUWDVGLNOLLP]DEH\DQQDPHVL
7]HONLôLROPDVÐKDOLQGHLOJLVLQHJ|UHW]HONLôLOLñLQRUWDNODUЁ\HOHULYH\DNXUXFXODUÐLOH
W]HONLôLOLñLQ\|QHWLPLQGHNLJ|UHYOLOHULEHOLUWHQVRQGXUXPXJ|VWHULU7LFDUHW6LFLO*D]HWHVLEXELO
JLOHULQWDPDPÐQÐQELU7LFDUHW6LFLO*D]HWHVLQGHEXOXQPDPDVÐKDOLQGHEXELOJLOHULQWPQJ|V
WHUPHN]HUHLOJLOL7LFDUHW6LFLO*D]HWHOHULYH\DEXKXVXVODUÐJ|VWHUHQEHOJHOHULOHW]HONLôLOLñLQ
QRWHUWDVGLNOLLP]DVLUNOHUL
óHNOLYHLoHULñLòGDULóDUWQDPHGHEHOLUOHQHQWHNOLIPHNWXEX
óHNOLYHLoHULñLòGDULóDUWQDPHGHEHOLUOHQHQJHoLFLWHPLQDW
òKDOHNRQXVXLôWHLGDUHQLQRQD\ÐLOHDOW\NOHQLFLoDOÐôWÐUÐODELOLU$QFDNLôLQWDPDPÐDOW\N
OHQLFLOHUH\DSWÐUÐODPD]
7]HONLôLWDUDIÐQGDQLôGHQH\LPLJ|VWHUPHN]HUHVXQXODQEHOJHQLQW]HONLôLOLñLQ\DUÐVÐQ
GDQID]ODKLVVHVLQHVDKLSRUWDñÐQDDLWROPDVÐKDOLQGHWLFDUHWYHVDQD\LRGDVÐWLFDUHWRGDVÐEQ
\HVLQGHEXOXQDQWLFDUHWVLFLOPHPXUOXNODUÐYH\DVHUEHVWPXKDVHEHFL\HPLQOLPDOLPôDYLU\DGD
VHUEHVWPXKDVHEHFLPDOLPôDYLUWDUDIÐQGDQLONLODQWDULKLQGHQVRQUDG]HQOHQHQYHG]HQOHQ
GLñLWDULKWHQJHUL\HGRñUXVRQELU\ÐOGÐUNHVLQWLVL]RODUDNEXôDUWÐQNRUXQGXñXQXJ|VWHUHQEHOJH
5HVPLLODQODUZZZLODQJRYWU¶GH
(NRQRPLNYHPDOL\HWHUOLñHLOLôNLQEHOJHOHUYHEXEHOJHOHULQWDôÐPDVÐJHUHNHQNULWHUOHU
òGDUHWDUDIÐQGDQHNRQRPLNYHPDOL\HWHUOLñHLOLôNLQNULWHUEHOLUWLOPHPLôWLU
0HVOHNLYH7HNQLN\HWHUOLñHLOLôNLQEHOJHOHUYHEXEHOJHOHULQWDôÐPDVÐJHUHNHQNULWHUOHU
òôGHQH\LPEHOJHOHUL
6RQRQEHô\ÐOLoLQGHEHGHOLoHUHQELUV|]OHôPHNDSVDPÐQGDWDDKKWHGLOHQYHWHNOLIHGLOHQEH
GHOLQRUDQÐQGDQD]ROPDPDN]HUHLKDOHNRQXVXLôYH\DEHQ]HULôOHUHLOLôNLQLôGHQH\LPL
QLJ|VWHUHQEHOJHOHU
%XLKDOHGHEHQ]HULôRODUDNNDEXOHGLOHFHNLôOHUYHEHQ]HULôOHUHGHQNVD\ÐODFDNPKHQGLV
OLNYHPLPDUOÐNE|OPOHUL
%XLKDOHGHEHQ]HULôRODUDNNDEXOHGLOHFHNLôOHU
òKDOHNRQXVXLôYH\DLôLQE|OPOHUL\OHQLWHOLNYHE\NONEDNÐPÐQGDQEHQ]HUOLNJ|VWHUHQD\QÐ
YH\DEHQ]HULQôDDWXVXOYHWHNQLñLJHUHNWLUHQWHVLVPDNLQHWHoKL]DWYHGLñHUHNLSPDQLOHPDOL
JoLKWLVDVYHRUJDQL]DV\RQJHUHNOHULLWLEDUL\OHEHQ]HU|]HOOLNWHNLLôOHUGLUWDULKOLYH
VD\ÐOÐ5HVPL*D]HWHGH\D\ÐPODQDQ<DSÐPòôOHULQGH%HQ]HUòô*UXSODUÐ7HEOLñL(.µLQGH
\HUDODQ%,,,*UXSLôOHU%HQ]HUòôVD\ÐODFDNWÐU
òKDOHNRQXVXLôHLOLôNLQòô'HQH\LP%HOJHOHULVXQXODELOHFHñLJLELLKDOHNRQXVXLôLGHLoHUHQòô
'HQH\LP%HOJHOHULGHVXQXODELOHFHNWLU$QFDNEXGXUXPGDLKDOHNRQXVXLôHDLWLôWXWDUÐòô'H
QH\LP%HOJHVL]HULQGHQWHVSLWHGLOHELOPHOLGLUòô'HQH\LP%HOJHVLEXELOJL\LLoHUPL\RUVDLKDOH
NRQXVXLôHDLWLôWXWDUÐQÐQWHVSLWHGLOHELOHFHñLELOJLYHEHOJHOHULQWHNOLINDSVDPÐQGDVXQXOPDVÐ]R
UXQOXGXU
%HQ]HULôHGHQNVD\ÐODFDNPKHQGLVOLNYH\DPLPDUOÐNE|OPOHUL
.HQGLPHVOHNOHULLOHLOJLOLIDDOL\HWOHULQLVUGUPHOHULôDUWÐ\ODLôGHQH\LPEHOJHVL\HULQHPH]XQL\HW
EHOJHOHULQLVXQPDNVXUHWL\OHLKDOH\HJLUHFHNLVWHNOLQLQòQôDDW0KHQGLVOLñLYH\D0LPDUOÐNE|
OPOHULQLQKHUKDQJLELULQGHQPH]XQROPDVÐôDUWÐDUDQDFDNYHEXPH]XQL\HWHDLWPH]XQL\HWEHO
JHVLQLGLSORPDVÐQÐLKDOHNRQXVXLôYH\DEHQ]HULôHGHQNVD\ÐODELOPHVLLoLQWHNOLIOHULHNLQGHVX
QDFDNODUGÐUòô'HQH\LP%HOJHVL\HULQHPH]XQL\HWEHOJHOHULQLGLSORPDODUÐQÐVXQPDNVXUHWL\OH
LKDOH\HJLULOPHVLGXUXPXQGD<DSÐPòôOHULòKDOHOHUL8\JXODPD<|QHWPHOLñLQLQ
LQFLPDGGHVLQH
J|UHGHñHUOHQGLUPH\DSÐODFDNWÐU
(NRQRPLNDoÐGDQHQDYDQWDMOÐWHNOLIVDGHFHIL\DWHVDVÐQDJ|UHEHOLUOHQHFHNWLU
òKDOH\HVDGHFH\HUOLLVWHNOLOHUNDWÐODELOHFHNWLU
òKDOHGRNPDQÐQÐQJ|UOPHVLYHVDWÐQDOÐQPDVÐ
òKDOHGRNPDQÐLGDUHQLQDGUHVLQGHJ|UOHELOLUYH75<7UN/LUDVÐNDUôÐOÐñÐ+DYD.XY
YHWOHUL.RPXWDQOÐñÐòKDOH.RPLV\RQ%DôNDQOÐñÐòQ|Q%XOYDUÐ%DNDQOÐNODUdDQND\D$1.$5$DG
UHVLQGHQVDWÐQDOÐQDELOLU
òKDOH\HWHNOLIYHUHFHNRODQODUÐQLKDOHGRNPDQÐQÐVDWÐQDOPDODUÐYH\D(.$3]HULQGHQ
HLP]DNXOODQDUDNLQGLUPHOHUL]RUXQOXGXU
7HNOLIOHULKDOHWDULKYHVDDWLQHNDGDU+DYD.XYYHWOHUL.RPXWDQOÐñÐòKDOH.RPLV\RQ%DôNDQOÐñÐ
òQ|Q%XOYDUÐ%DNDQOÐNODUdDQND\D$1.$5$DGUHVLQHHOGHQWHVOLPHGLOHELOHFHñLJLELD\QÐDGUH
VHLDGHOLWDDKKWOSRVWDYDVÐWDVÐ\ODGDJ|QGHULOHELOLU
òVWHNOLOHUWHNOLIOHULQLDQDKWDUWHVOLPLJ|WUEHGHO]HULQGHQYHUHFHNWLUòKDOHVRQXFX]HULQH
LKDOH\DSÐODQLVWHNOL\OHDQDKWDUWHVOLPLJ|WUEHGHOV|]OHôPHLP]DODQDFDNWÐU%XLKDOHGHLôLQ
WDPDPÐLoLQWHNOLIYHULOHFHNWLU
òVWHNOLOHUWHNOLIHWWLNOHULEHGHOLQµQGHQD]ROPDPDN]HUHNHQGLEHOLUOH\HFHNOHULWXWDUGD
JHoLFLWHPLQDWYHUHFHNOHUGLU
9HULOHQWHNOLIOHULQJHoHUOLOLNVUHVLLKDOHWDULKLQGHQLWLEDUHQDOWPÐôWDNYLPJQGU
.RQVRUVL\XPRODUDNLKDOH\HWHNOLIYHULOHPH]
'LñHUKXVXVODU
òKDOHGH8\JXODQDFDN6ÐQÐU'HñHU.DWVD\ÐVÐ1
7HNOLILVÐQÐUGHñHULQDOWÐQGDROGXñXWHVSLWHGLOHQLVWHNOLOHULQWHNOLIOHUL.DQXQXQLQFLPDGGHVLQ
GH|QJ|UOHQDoÐNODPDLVWHQPHNVL]LQUHGGHGLOHFHNWLU
%$6,1ZZZELNJRYWU
VDDWJD]HWHVL#JPDLOFRP
6$$7'h1<$
$õ867263$=$57(6÷
$%'
GH=LNDLOHPFDGHOH
úQJLOWHUH
GHDü×U×O×NOD
PFDGHOHoDO×üPDODU×
1(:<25.$$$%'
GH6DöOÔN%DNDQOÔöÔQDEDöOÔ$PHULNDQ*ÔGDYH÷ODo
'DLUHVL)'$ONHJHQHOLQGHEDöÔùODQDQWPNDQODUD=LNDYLUVWDUDPDVÔ\DSÔOPDVÔQÔWDYVL\HHWWL
)'$VLYULVLQHNÔVÔUPDVÔGÔùÔQGDNDQYHFLQVHOLOLùNL\ROX\ODGDEXODùWÔöÔRUWD\D
oÔNDQ=LNDYLUVQHNDUùÔWHGELUOHULQLJHQLùOHWWL
.RQX\ODLOJLOL\D]ÔOÔDoÔNODPD\DSÔODQ)'$$%'
QLQWPH\DOHWYHEDöOÔE|OJHOHULQGHNLEDöÔùODQDQNDQODUÔQYLUVWDUDPDVÔQGDQJHoLULOPHVLWDYVL\HVLQGHEXOXQGX)'$
QÔQ%L\RORMLN'HöHUOHQGLUPHYH$UDùWÔUPD0HUNH]L0GU'RNWRU3HWHU
0DUNVGD=LNDYLUVQQEXODùPDQLWHOLöLYHNDSVDPÔNRQXVXQGDKDODE\NELU
EHOLUVL]OLNROGXöXQXEHOLUWWL
)'$øXEDW
WDNDQEDöÔùÔQGDEXOXQDQODULoLQ\DSWÔöÔYLUVWDUDPDVÔX\DUÔVÔQÔVDGHFH=LNDYLUVQQJ|UOGöE|OJHOHULoLQ\DSPÔùWÔ
+DVWDOÔN.RQWUROYHgQOHPH0HUNH]L
QH&'&J|UHEXJQHNDGDUWPH\DOHWOHUGHELQYH$%'
\HEDöOÔE|OJH3RUWR5LNR
GDGDELQGHQID]OD=LND
YDNDVÔUDSRUHGLOGL
/21'5$$$÷QJLOL]PLOOHWYHNLOOHUL)DFHERRNYH7ZLWWHUJLELVRV\DOPHG\DSODWIRUPODUÔRODQLQWHUQHWGHYOHULQLDùÔUÔOÔNODPFDGHOHNRQXVXQGDEDùDUÔVÔ]
NDOPDNODVXoODGÔ
÷QJLOL]3DUODPHQWRVX
QXQDOWNDQDGÔ$YDP.DPDUDVÔ
QÔQ÷oLùOHUL.RPLV\RQX
WDUDIÔQGDQKD]ÔUODQDQ5DGLNDOOHùPH$QODWÔPODPFDGHOHYHEDUGDöÔWDùÔUDQ
GDPODQÔQWHVSLWLEDùOÔNOÔUDSRUGDLQWHUQHWSODWIRUPODUÔQÔQED]ÔJUXSODUWDUDIÔQGDQ
DùÔUÔOÔöÔQ\D\ÔOPDVÔLoLQNXOODQÔOGÔöÔYH)DFHERRN7ZLWWHUYH<RXWXEHJLELVRV\DO
PHG\DGHYOHULQLQGHEXNDSVDPGDDùÔUÔOÔNODPFDGHOHGHELOLQoOLRODUDNEDùDUÔVÔ]NDOGÔöÔELOGLULOGL3RSOHUVRV\DOPHG\DDöODUÔQÔQWHU|UL]PLoLQDGDPEXOPD
SODWIRUPXYHSURSDJDQGD\D\PDDUDFÔQDG|QùWöQQYXUJXODQGÔöÔNRPLV\RQ
UDSRUXQGDEXDöODUÔQDùÔUÔOÔNODPFDGHOHoDEDODUÔQD\|QHOLNoRNGDKDID]OD
VRUXPOXOXNELOLQFLJ|VWHUPHOHULJHUHNWLöLQLQDOWÔoL]LOGL
ĶŎŘɴ˂_¶sŘYǻȤNjĨĶsNjʰ
ǻȤNjĨYs˂ɴÞ_ÌʊĨŸŘȖǵȖɴŸNj
$%'
GHJHQžOHULQ
žR³XQOX³X&OLQWRQ
X
GHVWHNOL\RU
1(:<25.$$$%'
GH4XLQQLSLDFhQLYHUVLWHVLQFH\DSÔODQDQNHWHJ|UHELUoRöXLONGHID
R\NXOODQDFDN<QHVOLJHQoOHU&XPKXUL\HWoL
3DUWL
QLQEDùNDQDGD\Ô'RQDOG7UXPS
ÔPHUKDPHW\RNVXQXJ|U\RUOLGHUOLN\HWHQHöLYH
WHFUEHVLQL\HWHUVL]EXOX\RU
4XLQQLSLDFhQLYHUVLWHVLQFHELQVHoPHQLQ
NDWÔOÔPÔ\OD$öXVWRV$öXVWRV
WD\DSÔODQ
DQNHWWH&OLQWRQ
XQR\RUDQÔ7UXPS
ÔQ\]GH
|QQGHoÔNWÔ
$QNHWHNDWÔODQODUÔQ\]GH
VLQLROXùWXUDQ
\DùJUXEXQGDNL<QHVOLJHQoOHULQ\]GH
R\ODUÔQÔ&OLQWRQ
DYHUHFHNOHULQLYH\]GH
XGD7UXPS
ÔGHVWHNOH\HFHöLQLEHOLUWWL
*HQoOHULQ\]GH
L&OLQWRQ
XEDùNDQRODUDN
\HWHUOLEXOXUNHQ7UXPS
Ô\HWHUOLEXODQODUÔQRUDQÔ
LVH\]GH
GDNDOGÔNDWÔOÔPFÔODUÔQ\]GH
L
LVH7UXPS
ÔEDùNDQRODELOHFHN\HWHUOLOLNWHEXOPDGÔ
2UDQRODUDN÷NLQFL'Q\D6DYDùÔ
QÔQDUGÔQGDQLOH\ROODUÔDUDVÔQGDGRöDQ%DE\
ERRPHUVQHVOLQL\DNDOD\DQ<QHVOLONHGH
VHoLPLQNDGHULQLEHOLUOHPHGH|QHPOLVL\DVLJo
RODUDN|QHoÔNÔ\RU
<QHVOLVHoPHQOHUONHJHQHOLQGH\]GH
OLNR\\]GHVLQHVDKLSEXOXQX\RU
$OPDQ\D
GD\DSÕODQELUDUDúWÕUPD\DJ|UH7UNL\HN|NHQOLJHQoOHUDUDVÕQGDEDVNÕQ
GLO$OPDQFDLNHQ7UNoHLNLQFLYHoQFQHVLOOHUGHKÕ]OÕúHNLOGH|QHPND\EHGL\RU
%(5/÷1$$$OPDQ\D
GD
7UNoHNRQXùDQoRFXNODUÔQVD\ÔVÔQÔQKHUJHoHQJQD]DOGÔöÔYH
RNXOODUGDGHUVRODUDNRNXWXOPDGÔöÔ
WDNGLUGH7UNoHµQLQNXOODQÔPÔQÔQ
$OPDQ\DµGD\RNROPD\ODNDUùÔNDUùÔ\DNDODFDöÔLIDGHHGLOGL
+HLGHOEHUJhQLYHUVLWHVL*|o
$UDùWÔUPDODUÔYH.OWUOHUDUDVÔ3HGDJRML0HUNH]LµQLQ\DSWÔöÔ
DUDùWÔUPDGD$OPDQ\D
GDNLLNLQFLYH
oQFQHVLODUDVÔQGDEDVNÔQGLOLQ
$OPDQFDROGXöXWHVSLWHGLOGL
0HUNH]LQEDùÔQGDEXOXQDQ3URI
'U+DYYD(QJLQ%DGHQ:UWWHPEHUJH\DOHWLQLQ%DGHQE|OJHVLQGH
7UN'LOLYH.OWUGHUVLQHJLGHQ
|öUHQFLOHUDUDVÔQGDGLONXOODQPD
DOÔùNDQOÔNODUÔQD\|QHOLNDQNHWoDOÔùPDVÔG]HQOHGLNOHULQLV|\OHGL
$QNHWoDOÔùPDVÔQDELQ
|öUHQFLGHQELQ
LQLQNDWÔOGÔöÔQÔLIDGHHGHQ(QJLQoÔNDQVRQXFXQ7UNoH
QLQDQDGLOJ|oPHQ
GLOLRODUDNJHOHFHNWHGHYDUROPDVÔ
LoLQVDGHFHDLOHGHGHöLORNXOGDGD
|öUHWLOPHVLJHUHNWLöLQLYH7UNoH\L
\DùDWPDNLoLQDLOHOHUHGH|QHPOL
J|UHYOHULQGùWöQRUWD\DNR\GXöXQXND\GHWWL
÷.÷1&÷9(hdh1&h1(6÷//(5'(%$6.,1'÷/$/0$1&$
$QNHWHNDWÔODQ|öUHQFLOHULQ
\]GH
VL$OPDQ\DGRöXPOXYH
EXQODUÔQ\]GH
LLNLQFLQHVLO
$5.$'$ø9(.$5'(ø/(5/(
$/0$1&$
\]GH
LVHoQFQHVLO
dDOÔùPD$OPDQ\DµGD\HWLùHQ
7UNL\HN|NHQOLJHQoOHUDUDVÔQGD
QHVLOOHUHJ|UHGLOWHUFLKOHULQLQGHöLùWLöLQLJ|VWHUL\RU
÷NLQFLYHoQFQHVLOOHUDUDVÔQGDEDVNÔQGLORODUDN$OPDQFD
RUWD\DoÔNÔ\RU7UNoHLVHLNLQFLYH
oQFQHVLOGHKÔ]OÔùHNLOGH|QHP
ND\EHGL\RU
göUHQFLOHULQ$OPDQFDYH7UNoH
GLOG]H\OHULQLGHöHUOHQGLUPHVL
LVWHQLOGLöLQGHLOHUOH\HQQHVOHJ|UH
$OPDQFDG]H\LYH|QHPLDUWÔ\RU
EXQDNDUùÔQ7UNoHG]H\L|QHPOL
ùHNLOGHD]DOÔ\RU
$UDùWÔUPDGD|öUHQFLOHULQDLOH
IHUWOHUL\OHGLONXOODQPDDOÔùNDQOÔNODUÔQGD\]GH
LQLQHYGH$OPDQFD
YH7UNoH
\LELUOLNWHNXOODQGÔNODUÔ
\]GH
LQLQDLOHLoLQGH7UNoH
\]GH
LQLQLVH$OPDQFDNRQXùWXöXJ|UOGgöUHQFLOHULQ\]GH
LHQoRNE\NDQQHYHE\NEDEDODUÔ\ODVDGHFH7UNoHNRQXùX\RUODU
dDOÔùPD7UNoH
QLQNDUGHùOHUDUDVÔQGDoRND]NXOODQÔOGÔöÔQÔ
YHNDUGHùOHUDUDVÔQGDNLLOHWLùLPLQ
JHQHOGHVDGHFH$OPDQFDYH\DLNL
GLOGHVDöODQGÔöÔQÔRUWD\DNR\X\RU
$QNHWHNDWÔODQEX|öUHQFLOHULQ
\]GH
LNDUGHùOHUL\OHVDGHFH
$OPDQFDNRQXùWXöXQXGLOHJHWLULUNHQNDUGHùOHUDUDVÔQGD7UNoH
NRQXùDQODUÔQRUDQÔVDGHFH\]GH
GDNDOGÔ÷NLGLOLELUOLNWHNXOODQDQ
NDUGHùOHULQRUDQÔLVH\]GH
$\UÔFDDQNHWHNDWÔODQ|öUHQFLOHULQ\]GH
XRNXOGDDUNDGDùODUÔ\ODWHQHIIVOHUGHVDGHFH$OPDQFD
NRQXùXUNHQ\]GH
VDGHFH
7UNoH
\LNXOODQÔ\RU
$UDùWÔUPDQÔQGHöHUOHQGLUPH
NÔVPÔQGDLVHùXWDYVL\HOHUGHEXOXQXOGX
7UNoHDQDGLOJ|oPHQGLOL
RODUDNJHOHFHNWHGHYDUROPDNLVWL\RUVDVDGHFHDLOHGHGHöLORNXOGD
GD|öUHWLOPHOL7UNoH\L\DùDWPDN
LoLQDLOHGHHQ|QHPOLJ|UHYDQQH
EDED\DGù\RU=LUDoRFXNODU
NDUGHùOHUL\OH|QHPOL|OoGHVDGHFH$OPDQFDNRQXùX\RU7UNoH
\L
VHYGLUPHNYH\DùDWPDNLoLQE\NDQQHYHE\NEDEDQÔQUROHQ
D]DQQHYHEDEDQÔQNLNDGDU|QHP
WDùÔ\RU
.DQDGDGDDUW®N
'$(¯GL\HFHN
)LOLVWLQOLNDG®QDU®F®ODU
DLOHOHULQLQJHžLPOHULQH
NDWN®VD³O®\RU
5$0$//$+$$%DWÔøHULD
QÔQ5DPDOODK
NHQWLQGH)LOLVWLQOLNDGÔQDUÔFÔOÔN\DSDUDNDLOHOHULQLQJHoLPOHULQHNDWNÔVDöOÔ\RU
)LOLVWLQOLNDGÔQ5DPDOODKNHQWLQHEDöOÔ.HIU
0DOLNEHOGHVLQGHDUDFÔOÔN\DSDUDNEDOUHWLPL
\DSÔ\RU
$UÔFÔOÔN\DSDQNDGÔQODUGDQ0QWHKD%DLUDW
%DWÔøHULD
GDNLWDUÔPELUOLNOHULQLQNÔUVDOGDNLNDGÔQODUÔNDONÔQGÔUPD\D\|QHOLNNXUVODUÔQGD
DUÔFÔOÔNHöLWLPLDOGÔNWDQVRQUD\ÔOÔQGDQEHUL
EXPHVOHöLLFUDHWPH\HEDùODGÔYHDUNDGDùODUÔ\OD
ELUOLNWHJLWWLNoHEXLùWHX]PDQODùÔ\RU
.RYDQODUDUDVÔQGDVDNLQFHKDUHNHWHGHQ
0QWHKDYHPHVOHNWDùÔ5DKPH+DPD\LONRYDQODUÔDoPDGDQ|QFHDUÔODUÔVDNLQOHùWLUPHNDPDFÔ\OD
LoLQGHDWHù\DQDQHON|UNOHULLOHDUÔODU]HULQH
GXPDQSVNUW\RU
%818+$<$7,0,=,1g1(0/÷%÷53$5d$6,2/$5$.*g5h<258=
0QWHKD$$PXKDELULQH\DSWÔöÔDoÔNODPDGD
%XSURMHED\DQODULoLQELUIÔUVDWWÔUhUHWWLöLPL]
EDOÔQDOÔFÔVÔYDU+HUNHVEXUDGDQJHOLUHOGHHGL\RU
%L]OHUEXSURMHGH\HUDOÔ\RUX]YHEXQXKD\DWÔPÔ]ÔQ|QHPOLELUSDUoDVÔRODUDNJ|U\RUX]GHGL
0QWHKDEDOPHYVLPLQGHNRYDQGDQ
\DNODùÔNNLORNDGDUNDOLWHOLEDOHOGHHWWLNOHULQL
V|\OHGL
)LOLVWLQSD]DUÔQGDGRöDOEDOÔQNLORVX\DNODùÔN
GRODUGDQVDWÔOÔUNHQV|]NRQXVXSURMHGHNDGÔQODUÔQURODUÔODUÔ|OGUHQE|FHNOHUOHYHKDVWDOÔNODUODPFDGHOHQLQ\DQÔQGD\HQLDUÔJUXSODUÔQÔQ
D\UÔOPDVÔ\HQLNRYDQODUÔQROXùWXUXOPDVÔYH\ÔOGD
LNLGHIDEDOKDVDGÔ\DSPDNLoLQX\JXQRUWDPÔ
KD]ÔUODPDN
÷ø÷06$+÷32/'8õ81+(5ø(<
3URMHGHoDOÔùDQNDGÔQODUGDQ5DKPH
+DPD\LO
GH%HQ\DùÔQGDWHN\DùD\DQELUNDGÔQÔP$UÔFÔOÔNODJHoLPLPLWHPLQHGL\RUXP9DNWLPL
DUNDGDùODUÔPODJHoLUL\RUXPGL\HUHNV|]NRQXùX
LùLQLQVDKLSROGXöXKHUùH\RODUDNQLWHOHQGLUGL
277$:$$$.DQDGD
GDUHVPLDoÔNODPDODUGD,6,6
\DGD,6,/RODUDNLVLPOHQGLULOHQWHU|U|UJWLoLQ'$(ø
LIDGHVLNXOODQÔODFDN
.DQDGD.DPX*YHQOLöL%DNDQÔ5DOSK*RRGDOH
EDNDQOÔöÔQFDKD]ÔUODQDQ.DQDGD
\D7HU|U7HKGLGL
5DSRUXQXQ|QV|]QGH$PDoODUÔQDXODùPDNLoLQùLGGHWL
YHWHU|UVHoHQYHNHQGLOHULQHV|]GH
÷VODP'HYOHWL
GHQHQ
EXJUXEXQQH÷VODPµODQHGHGHYOHWROPDNODDODNDVÔ\RNWXU
%XQHGHQOH'$(øLIDGHVLNXOODQÔODFDNWÔUGHöHUOHQGLUPHVLQGHEXOXQGX
hONHGH'$(ø
HNDWÔODQODUÔQ\]GH
VLNDGÔQ
5DSRUGD.DQDGDµGDQ'$(øJLELWHU|U|UJWOHULQH
NDWÔODQùSKHOLOHULQ\]GH
VLQLQNDGÔQODUGDQROXùWXöX
EHOLUWLOGL5DSRUGD6XUL\H
\HVH\DKDWHGHQNDGÔQODUÔQKDQJLDPDoODVH\DKDWHWWLNOHULPHoKXOGU(QVÔNGùQOHQ
YDUVD\ÔPLVHNDGÔQODUÔQWHU|ULVWOHUOHHYOHQPHNLoLQ\XUWGÔùÔQDVH\DKDWHWWLNOHULGLUDQFDNEXNLùLOHULQVH\DKDWQHGHQOHUL
YHQLKDLUROOHULQGHGHöLùNHQOLNROPDNWDGÔUGHQLOGL
$\UÔFDED]ÔNDGÔQODUÔQEXWHU|ULVWJUXSODULoLQGHLNLQFLO
UROOHUDODELOGLöLJLELED]ÔODUÔQÔQGDoDWÔùPDODUDNDWÔOGÔNODUÔ
ELOGLULOGL
7(øh3+(/÷7(5g5g5*h7/(5÷1(.$7,/',
5DSRUGD
WHùSKHOLQLQEDùWD'$(øROPDN
]HUHWHU|U|UJWOHULQHNDWÔOPDN]HUHONHGHQD\UÔOGÔöÔQD
\HUYHULOGL%XUDNDPÔQ
WHROGXöXDNWDUÔODQUDSRUGDJHoHQ\ÔOEXùSKHOLOHUGHQNDGDUÔQÔQ.DQDGDµ\D
JHULG|QGöND\GHGLOGL5DSRUDJ|UHùSKHOLOHULQJLWWLöL
ONHOHUGHLONVÔUD\Ô,UDN6XUL\HYH7UNL\HDOGÔ
7XQXV
WD8OXVDO%LUOLN
+«N«PHWL
QHJ«YHQR\X
78186$$1LGD7XQXV3DUWLVL
QGHQ<XVXI
øDKLG
LQNXUGXöX8OXVDO%LUOLN+NPHWLSDUODPHQWRGDQJYHQR\XDOGÔ
7XQXV
XQ\H\HVDKLSSDUODPHQWRVXQGD
JQER\XGHYDPHGHQRWXUXPXQDUGÔQGDQ\DSÔODQR\ODPD\DPLOOHWYHNLOLNDWÔOGÔ8OXVDO%LUOLN
+NPHWLLoLQPLOOHWYHNLOLHYHWPLOOHWYHNLOL
KD\ÔUR\XNXOODQGÔPLOOHWYHNLOLLVHoHNLPVHU
NDOGÔ
8OXVDO%LUOLN+NPHWL
QLQJHOHFHNKDIWDEDùÔQGD+DELEHV6Ô\GKNPHWLQGHQJ|UHYLGHYUDOPDVÔ
EHNOHQL\RU
hONHGHEXJQHNDGDUJ|UHYHJHOHQHQJHQo
EDùEDNDQRODFDN\DùÔQGDNL<XVXIøDKLGWDUÔP
DODQÔQGDGRNWRUD\DSWÔ+DELEHV6Ô\GKNPHWLQGH<HUHO÷GDUHOHUYHdHYUH%DNDQÔRODQøDKLG
LQ
D\UÔFDoHYUHYHGRöDOND\QDNODUDODQODUÔQGDX]PDQOÔNODUÔEXOXQX\RU
$IULND
GDPRGDEH\D]ROPDN
$IULNDONHOHULQLQoR÷XQGDNDGÕQYHHUNHNOHUFLOWOHULQL
EH\D]ODWPDNLoLQNR]PHWLNUQOHUHEDúYXUX\RU
$''÷6$%$%$$$$IULND
QÔQoRNVD\ÔGD
ONHVLQGHFLOWEH\D]ODWPDNLoLQNXOODQÔODQNUHP
YHVDEXQODU\DVDNODUDUDöPHQKDONWDQ\RöXQLOJL
J|U\RU
.HQ\D*QH\$IULNDYH)LOGLùL6DKLOOHUL
QGHQ
VRQUDEXD\*DQD
GDGD\DVDNODQDQEH\D]ODWÔFÔ
UQOHUELUoRN$IULNDOÔQÔQJQGHOLNKD\DWÔQÔQELU
SDUoDVÔKDOLQHG|QùPùGXUXPGD
'Q\D6DöOÔNgUJW
QQ'6gVRQRODUDN
\ÔOÔQGD\D\ÔQODGÔöÔYHULOHUHJ|UH1LMHU\D
GDNL
NDGÔQODUÔQ\]GH
VLFLOWOHULQHNDOÔFÔEH\D]OÔNNDWDELOPHNLoLQUHWLOHQEXNLP\DVDOVDEXQYHNUHPOHUL
NXOODQÔUNHQ7RJROXNDGÔQODUÔQ\]GH
X*QH\
$IULNDOÔNDGÔQODUÔQGD\]GH
LEXUQOHULWHUFLK
HGL\RU
']HQOLNXOODQÔOGÔöÔQGDVRQXoYHUHQUQOHULQHQ
\D\JÔQNXOODQÔOGÔöԁONHOHUDUDVÔQGD%DWÔ$IULND
GD
6HQHJDOYH0DOL\HUDOÔ\RU0DOLYH6HQHJDO
GHKHU
G|UWNDGÔQGDQELULFLOGLQLEH\D]ODWPDNLoLQEXNUHPOHUHEDùYXUX\RU
÷oHULöLQGHFLYDYHKLGURNLQRQJLELVDöOÔöD]DUDUOÔ
PDGGHOHULQEXOXQPDVÔVHEHEL\OH'6gWDUDIÔQGDQ
\DVDNODQPDVÔ|QHULOHQUQOHU$%YHED]Ô$IULND
ONHOHULQGH\DVDNROVDGDNXOODQÔFÔODUÔQLOJLVLQHGHQL\OHWH]JDKDOWÔQGDQVDWÔOPD\DGHYDPHGL\RU
&DSH7RZQhQLYHUVLWHVL
QLQ\DSWÔöÔDUDùWÔUPD\D
J|UH*QH\$IULND
GDVDWÔùWDRODQEH\D]ODWÔFÔ
www.24saatgazetesi.com
UQQ
VLQGHLQVDQVDöOÔöÔQD]DUDUOÔYH\DVDNOÔ
PDGGHEXOXQX\RU$\UÔFD$%
GH\DVDNROPDVÔQD
UDöPHQ*QH\$IULND
GDVDWÔODQUQOHULQoWHELULQLQ$YUXSDPHQùHOLROGXöXEHOLUWLOL\RU
$6<$h/.(/(5÷1'('(<$<*,1
'6g
QQUDSRUXQDJ|UHEH\D]ODWÔFÔNUHPYH
VDEXQODU$IULNDONHOHULQLQ\DQÔVÔUD$V\D
GDGD
ROGXNoD\D\JÔQ
$YUXSDYH.X]H\$PHULND
GDVL\DKWHQOLLQVDQODU
EXUQOHULWHUFLKHGL\RU+LQGLVWDQ
GDGDGHUPRWRORMLSD]DUÔQÔQ\]GH
LQLEH\D]ODWÔFÔNUHPOHUROXùX\RUdLQ0DOH]\D)LOLSLQOHUYH.RUH
GH\DSÔODQDUDùWÔUPDODUDNDWÔODQNDGÔQODUÔQ\]GH
ÔEXUQOHUL
NXOODQGÔNODUÔQÔLIDGHHGHUNHQED]ÔODUÔQÔQEXNUHPOHUL
\DNODùÔN\ÔOER\XQFDNXOODQGÔöÔEHOLUWLOL\RU
$0$d*h=(/2/0$.
(UNHNOHUDUDVÔQGDGDNXOODQÔPÔQGDDUWÔùJ|UOHQ
EXUQOHULQWHUFLKHGLOPHVLQLQVHEHELWRSOXPGDYDU
RODQDoÔNWHQOLOHULQGDKDJ]HOROGXöXNDQÔVÔ
&DSH7RZQhQLYHUVLWHVL
QGHQ3URIHV|U/HVWHU
0'DYLGVEXUQOHULQoD\VDEXQYHVWWHQVRQUD
$IULND
GDHYOHUGHHQ\D\JÔQNXOODQÔODQUQOHULQGHQ
ELULROGXöXQXKDWÔUODWÔUNHQELUoRNONHGHEXUQOHU
LoLQ\HUHONHOLPHOHUWUHWLOGLöLQLEHOLUWL\RU
$\UÔFDDUDùWÔUPDODUGDUQOHULQKHGHINLWOHVLQLQ
GDKDoRNHYOLOLNoDöÔQGDNDGÔQODUROGXöXND\GHGLOL\RU
6$$7*h1&(/
Sezaryenle ilgili yeni
H\OHPSODQÕ\ROGD
6DøOÖN%DNDQÖ$NGDø6H]DU\HQ7UNL\H
GHELUoÖOJÖQOÖNKDOLQLDOPÖûGXUXPGDg]HOKDVWDQHOHUGH
\]GH
OHUFLYDUÖQGDVH]DU\HQRUDQODUÖYDU%XKXVXVWD\HQLELUH\OHPSODQÖPÖ]YDUGHGL
*(1d/(5'(6ú*$5$
úd0(25$1,$577,
$1.$5$$$6DöOÔN%DNDQÔ
5HFHS$NGDöGXPDQVÔ]KDYDVD
KDVÔSURMHVLYHEDNDQOÔöÔQoDOÔùPD
ODUÔQDLOLùNLQGHöHUOHQGLUPHOHUGH
EXOXQGX
'XPDQVÔ]KDYDVDKDVÔSURMH
VLQLQ\ÔOODUÔDUDVÔQGD
GHYDPHWWLöLQL'Q\D6DöOÔN
gUJW
QQ&XPKXUEDùNDQÔ5HFHS
7D\\LS(UGRöDQ
DNHQGLVLQHYH
ELU|QFHNL6DöOÔN%DNDQÔ0HKPHW
0H]]LQRöOX
QD|GOYHUGLöLQL
KDWÔUODWWÔ
7UNL\H
QLQEXNRQXGDNLoDOÔù
PDODUÔQÔQGQ\D\D|UQHNJ|VWHULO
GLöLQLYXUJXOD\DQ$NGDöh]
OHUHNLIDGHHWPHOL\LPNLVRQ
VHQHGLU|]HOOLNOHJHQoOHUDUDVÔQGD
NLVLJDUDLoPHRUDQÔDUWPD\DEDù
ODGÔ%XQD]O\RUX]DPDXPXW
VX]GHöLOL]<HQLELUNDPSDQ\D
\DSPDN]DPDQÔJHOPLùGHPHNWLU
%HOOLDUDODUODEXNRQXQXQVWQH
\RöXQOXNOXRODUDNJLWPHPL]JHUH
NL\RUgQP]GHLNLDQDNDPSDQ
\DG|QHPLRODFDN%XQODUGDQELULVL
ùLùPDQOÔNYHKDUHNHWVL]OLN|EU
WHNUDUVLJDUDLIDGHOHULQLNXOODQGÔ
6÷*$5$6$7,ø,1$<(1÷
'h=(1/(0(<2/'$
%DNDQ$NGDö6LJDUDSDNHWOHUL
NRQXVXQGDELUGHöLùLNOLNRODFDN
PÔ"VRUXVX]HULQHLVHùXQODUÔ
ND\GHWWL.DUDSDNHWVL\DKSDNHW
YHG]SDNHWGHGLöLPL]X\JXODPD
oDOÔùPDODUÔQÔGHYDPHWWLUL\RUX]÷WL
UD]HGHQOHUYDUDPDEHQLPJFP
\HWHUVHEXQXPXWODNDX\JXODPDN
JHUHNWLöLQHLQDQÔ\RUXP%DùWD
$YXVWUDO\DROPDN]HUHEXQGDQ
oRNID\GDJ|UPùONHOHUYDU3D
NHWOHULQ]HULQGHNoFNDQFDN
]RUODJ|UHELOHFHöLQL]ELoLPGHPDU
NDLVPLYDU2QXQGÔùÔQGDSDNHW
WDPDPHQVLJDUDQÔQ]DUDUODUÔQGDQ
EDKVHGHQELUSDNHW0DUNDODU
NHQGLOHULQLDOEHQLOLELUELoLPGH
(&=$1($',
7(/()218
RUWD\DNR\DPÔ\RUODU%XELUFD]LEH
XQVXUXROPDNWDQoÔNÔ\RU
÷NLQFLVLGHDoÔNoDGRöUXGDQ
J|UQU\HUOHUGHVLJDUDVDWÔOPDVÔQ
LVWHPL\RUX]øXDQGDGLNNDWHGHU
VHQL]PHYFXWNDQXQXPX]YLWULQ
GHQJ|UOHELOHFHNELU\HUHVLJDUD
NRQXOPDVÔQDPDQL0DUNHWOHUYH
EXQDEHQ]HUVDWÔù\HUOHULQGHoÔNÔù
QRNWDODUÔQDVL]LQSDUD|GH\HFHöL
QL]QRNWD\DRQXFD]LSELUELoLPGH
UDIODUD\HUOHùWLUL\RUODU%XQXGD
RUDGDQNDOGÔUÔSELUGRODEÔQLoHULVL
QHJ|UQPH\HQELU\HUHNRQDUDN
EXUDGDQVDWÔOPDVÔKXVXVXQGDLNL
|QHPOLGHöLùLNOLöLGHùXDQGDoD
OÔùÔ\RUX]+NPHWLPL]LQLoLQGHNL
WDUDIODUÔGDEXKXVXVWDLNQDHWPHN
VXUHWL\OHEHQEXQODUÔJHUoHNOHùWLU
PH\HoDOÔùDFDöÔP
)L]LNVHODNWLYLWHQLQWHùYLNHGLO
PHVLDPDFÔ\OD\DSÔODFDNoDOÔùPD
ODUDGDGHöLQHQ$NGDö|QOHULQ
GHNLHQ|QHPOLSURMHQLQùLùPDQOÔN
YHKDUHNHWVL]OLöLQD]DOWÔOPDVÔLoLQ
\DSÔODFDNoDOÔùPDODUROGXöXQX
V|\OHGL%XNDPSDQ\DODUÔQELU
EWQONLoHULVLQGHGHYDPHGH
FHöLQLDNWDUDQ$NGDöEXNRQX\X
&XPKXUEDùNDQÔ(UGRöDQLOHGH
J|UùWNOHULQLGLOHJHWLUGL
.÷/208'(./$5(
('(&(õ÷0
6DöOÔN%DNDQÔRODUDNNHQGLVLQLQ
GHEXNDPSDQ\D\DNDWÔODFDöÔQÔ
LIDGHHGHQ$NGDö.LORPXGHNOD
UHHGHFHöLP%HQGHNDPXR\XQD
EXQXLODQHGHFHöLP1HNDGDU
NLORGùHFHöLPLJQGHNDoDGÔPÔ
G]HQOL\U\HFHöLPLQHNDGDU
IL]LNVHODNWLYLWHGHHJ]HUVL]GHEXOX
QDFDöÔPÔ%DùWDEL]WRSOXPD|UQHN
ROPDOÔ\Ô]%XQXQKD]ÔUOÔNODUÔQÔ
\DSÔ\RUX]GHGL
(&=$1($'5(6ø
9(5(6(/ø<,.,/0$=
.D\D%DúÕ0DK+DOLO%DOFÕ&DG1R+D\PDQD
6$ö/,.
HACETTEPE
.(døg5(1
(5%ø/
+VH\LQ6D÷ÕUND\D%XOYDUÕ&XPD6DUD\0DK1R'
$WDWUN0DK*0.&DG1R.D]DQ
.Õ]ODUSÕQDUÕ&DG1R$.HoL|UHQ
3ÕQDUEDúÕ0DK6DQDWRU\XP&DG1R.HoL|UHQ
$/.$5$
$\YDOÕ0DK*D]]H&DG1R$$\YDOÕ
ø1&ø5/ø
<(1ø%$+$',5
185()ù$1
8/868
7$<)817$1(5
6$<,1
)$7ø+$/.$1
$<.8781
h1/h
*21&$&$1
(PUDK0DK<XQXV(PUH&DG1R'.HoL|UHQ
.DUúÕ\DND0DK$QNDUD&DG1R$.Õ]ÕOFDKDPDP
0HKPHW$OL$OWXQ&DG1R'0DPDN
+UHO0DKùHKLWøGULV<ÕOPD]&DG1R0DPDN
$OLD÷D0DK%XUVD&DG1R1DOOÕKDQ
=DIHU0DK0HQWHúH&G1R3RODWOÕ
<XQXVHPHUH0DK<XQXVHPUH&DG1R
7DQGR÷DQ0DK5HFHS7D\\LS(UGR÷DQ%XOY<HOL]6RN1R$6LQFDQ
7DQGR÷DQ0DK6RN1R$
*|NoHN0DK6RN&%ORN1R6LQFDQ
)(7ø+
6DUÕND\D0DK$QNDUD&DG1RùHUHIOLNRoKLVDU
<(1øø5(0
<HQL%DWÕ0DK&DG1R$%DWÕNHQW
&(05(
'HPHWHYOHU0DK&DG1R''HPHWHYOHU
6g=(1
d2580
.$<,5$1
g=*h/
*$=ø/(5
9$7$1
$/.$5
/(9(17
8ö5$.
%(/(1
<$0$1
6$/.,06göh7
2185
(/0$'$ö
<,/0$=
h67h1
785.8$=
68/7$1
$7$0$1
*h'h/
VH]DU\HQ\DSÔOPDVÔQÔQKHPELOLPVHO
KHPKXNXNLDoÔGDQ\DQOÔùROGXöXQX
V|\OHGL
*(5(.6÷=6(=$5<(1
(1*(//(10(/÷
6H]DU\HQLQLKWL\DoKDOLQGHDQQH
YHEHEHöLQKD\DWNXUWDUGÔöÔQÔDQFDN
JHUHNVL]GXUXPODUGDNLROXPVX]OXNODUÔQÔQGDELOLQGLöLQLLIDGHHGHQ$NGDö
DQQHOHULQQRUPDOGRöXPGDQVRQUD
ELUNDoVDDWLoLQGHD\DöDNDONWÔöÔQÔ
DPDVH]DU\HQGHELUNDoJQ\DWDöD
EDöOÔNDOGÔöÔQÔEHOLUWWL
6H]DU\HQLQDOWÔQGDNROD\FÔOÔöÔQ
\DWWÔöÔQDGLNNDWLoHNHQ$NGDöù|\OH
GHYDPHWWL
%XQXNDEXOHGLOHPH]J|U\RUXP
%HQEXQDNDUùÔFLGGLELUPFDGHOH
YHUPH\HNDUDUOÔ\ÔP%LU|]HOKDVWDQHGH\]GHVH]DU\HQ\DSÔOÔ\RUVD
PXKWHPHOHQRUDGDEXLùL\DSDQKHNLP
DUNDGDùÔP\DGDDUNDGDùODUÔPQRUPDO
GRöXP\DSWÔUPD\Ô\HWHUOLELOPL\RUODUGÔU'ROD\ÔVÔ\ODRQODUÔHöLWLPHDOPD\D
YDUÔQFD\DNDGDUNDUDUOÔWHGELUOHU
X\JXOD\DFDöÔ]%XQXDoÔNoDKHUNHVLQ
ELOPHVLQLDU]XHGL\RUXP%XPHVHOHQLQÔVUDUODWDNLSoLVLROPD\DEL]]DWEHQ
GHYDPHGHFHöLP
2UDQÔQELUGHQELUHGùPHVLQLQ
PPNQROPDGÔöÔQÔDQODWDQ$NGDö
JHUHNVL]ELULQFLVH]DU\HQOHULHQJHOOHPHNJHUHNWLöLQLND\GHWWL
6DöOÔN%DNDQOÔöÔQÔQQRUPDOGRöXPXWHùYLNHWWLöLQHLùDUHWHGHQ$NGDö
%XoDOÔùPDODU\HWHUOLPL"'HöLO2QXQ
LoLQ\HQLELUH\OHPSODQÔKD]ÔUODGÔNYH
RQXX\JXOD\DFDöÔ]GHGL
6$1$7d,/$59(6325&8/$5
'(95(<(*÷5(&(.
<ÕOGÕUÕP0DK'U1HVOLKDQg]HQOL&DG1R$$N\XUW
$OWÕQD\&DG1R$OWÕQGD÷
+NPHW&DG0DKPXW$WDOD\6RN1R
&DPLDWLN0DK&XPKXUL\HW0H\GDQÕ1R$\Dú
%DúD÷Do0DK(\S*QGR÷DQ&DG1R$
(PHN0DK%LúNHN&DG1R&(PHN
6|÷W|]&DG6RN1RdDQND\D
1HQHKDWXQ&DG$WWDU6RN1R%*23
6DQFDN0DK7LIOLV&DG1R(dDQND\D
.RUNXWUHLV0DK6WUD]EXUJ&DG1R$
(U]XUXP0DK'XPOXSÕQDU&DG*HoLP6RN1R$.XUWXOXú
0XWOXNHQW0DK&DG1RhPLWN|\
'LNPHQ&DG6DONÕP6|÷W6RN1R$'LNPHQ
&XPKXUL\HW0DKdHPEHU6RN1R$dXEXN
øVPHWSDúD0DK&XPKXUL\HW&DG1R$(OPDGD÷
0HQGHUHV%XOYDUÕ6D÷OÕN6RN1R+DVDQR÷ODQ(OPDGD÷
øVWDV\RQ0DK8OXEDWOÕ+DVDQ6RN1R%(WLPHVJXW
$WDNHQW0DKùHKLW&HODOøúHQ6RN1R%(OYDQNHQW
$OWD\0DKùHKLW$7DQHU(NLFL6RN1R(U\DPDQ
*230DK6RN1R$
<XNDUÕ0DK*HQoOLN&DG1R$*GO
$.<8572.$1
$1.$5$$$6DöOÔN%DNDQÔ
5HFHS$NGDö7UNL\H
GHUHPHVDöOÔöÔYHVH]DU\HQOHGRöXPRUDQODUÔQÔQ
GùUOPHVLLoLQ\DSÔODFDNODUDLOLùNLQ
GHöHUOHQGLUPHOHUGHEXOXQGX
6DöOÔN%DNDQOÔöÔQÔQGRöXUJDQOÔN
\DùÔQGDNLNDGÔQVDöOÔNOÔKDPLOHOLN
GRöXPYHEHEHNNRQXODUÔQDRGDNODQPDVÔJHUHNWLöLQLLIDGHHGHQ$NGDö
GRöXPNDUùÔWÔELUSROLWLNDQÔQUQ
RODQGRöXPNRQWURONDYUDPÔQÔQ
JHoPLùWHNDOGÔöÔQÔ7UNL\H
GHGH
GHYOHWLQ\ÔOODUFDGRöXPNDUùÔWÔSROLWLND
L]OHGLöLQLEHOLUWWL
'RöXPNRQWUROYHQIXVSODQODPDVÔNDYUDPODUÔQÔQWDULKLQo|SOöQH
DWÔOGÔöÔQÔDNWDUDQ$NGDöELUDLOHQLQ
QHNDGDUoRFXN\DSDFDöÔQDNHQGLVLQLQNDUDUYHUPHVLJHUHNWLöLQLEXQXQ
VDöOÔNOÔELoLPGHJHUoHNOHùPHVLLoLQGH
GHYOHWLQRQD\ROJ|VWHUHFHöLQLELOGLUGL
$.3DUWLKNPHWOHULQLQRUWDODPD\DNÔ\DVODGDKDoRNoRFXN\DSÔOPDVÔQÔ
WHùYLNHWWLöLQLKDWÔUODWDQ$NGDö%L]GH
GHRUWDODPDGRöXPVD\ÔVÔ
OHUGH
%XGDKDDOWDLQHUVHEL]GHEDWÔOԁONHOHULQ\DùDGÔöÔVÔNÔQWÔODUÔ\DùDUÔ]GHGL
*HoPLùLQ\DQOÔùODUÔQÔGHYDPHWWLUPHQLQELUDQODPÔQÔQROPDGÔöÔQÔYXUJXOD\DQ$NGDö6H]DU\HQ7UNL\H
GH
ELUoÔOJÔQOÔNKDOLQLDOPÔùGXUXPGDg]HO
KDVWDQHOHUGH\]GH
LQ]HULQGH
\]GH
OHUFLYDUÔQGDVH]DU\HQ
RUDQODUÔYDU%XKXVXVWD\HQLELUH\OHP
SODQÔPÔ]YDUGL\HNRQXùWX
%XNRQXGD|]HOKDVWDQHOHULQ
VHNW|UWHPVLOFLOHUL\OHELUDUD\DJHOGLöLQLDQODWDQ$NGDöJHUHNVL]\HUH
r¶sĶÞEĶĂĨYĂĶNj_
˃ɚÞNjEÞǣŎÞĶĶÌ˃ÌsɴsOŘĂ
÷=0÷5$$$Y\DVDöÔQÔQVRQD
HUHFHöL(\OOLoLQJQVD\DQ(JHOLEDOÔNoÔODUWPKD]ÔUOÔNODUÔQÔWDPDPOD\DUDN
YLUDELVPLOODKGL\HFHNROPDQÔQKH\HFDQÔQÔ\DùÔ\RU
(\OO
GHEDùOD\DFDNDYODQPD
VH]RQXQDVD\ÔOÔJQOHUNDOD*]HOEDKoH%DOÔNoÔ%DUÔQDöÔQGDNLEDOÔNoÔODU
RQDUGÔNODUÔWHNQHOHULQLQYHDöODUÔQÔQVRQ
NRQWUROOHULQL\DSÔ\RU
$YVH]RQX\ODLOJLOLGHöHUOHQGLUPHGH
EXOXQDQ÷]PLU7LFDUHW2GDVÔ÷72%DOÔNoÔOÔNYH$Y0DO]HPHOHUL*UXEX0HVOHN
.RPLWHVLh\HVLøDKLQdDNDQEDOÔNoÔODUÔQGHQL]HRODQ|]OHPOHULQLQ(\OO
GH
VRQDHUHFHöLQLWPGHQL]OHUGHEHUHNHWOL
ELUVH]RQJHoLUPH\LEHNOHGLNOHULQLEHOLUWWL
(JH'HQL]L
QGH0DUPDUDYH
$NGHQL]
HJ|UHGDKDEHUHNHWOLELUVH]RQ
EHNOHGLNOHULQHGLNNDWLoHNHQdDNDQEDOÔNoRNOXöX\ODIL\DWODUÔQGDJHULOH\HFHöLQL
LIDGHHWWL
dDNDQ(JH'HQL]L
QGHELQDGHW
oHùLWOLHEDWODUGDEDOÔNoÔWHNQHVLYDU%XQODU(\OO
GHGHQL]HDoÔODFDN%XVHQH
GHQL]OHUGHJ|VWHUJHOHUoRNL\L+DONÔPÔ]
SDODPXWoLQHNRSYHOIHUHGR\DFDN
LQùDOODKGL\HNRQXùWX
'(0÷5$/0$.÷d÷1
*h1%(./÷<25/$5
6H]RQXQDoÔOPDVÔQÔWHNQHVLQLEDöODGÔöÔ*]HOEDKoH%DOÔNoÔ%DUÔQDöÔ
QGD
EHNOH\HQNDSWDQ)DWLK.RSX]ELUNDo
XIDND\UÔQWÔGÔùÔQGDKD]ÔUOÔNODUÔQÔWDPDPODGÔNODUÔQÔYLUDELVPLOODKGHPHNLoLQ
JQVD\GÔNODUÔQÔEHOLUWWL
+D]ÔUOÔNVUHFLQLQGDKD]RUOXROGXöXQXDNWDUDQ.RSX](\OO|QFHVLEL]LP
LoLQGDKD]RUOXJHoL\RU7HNQHQLQNDUD\D
oHNLOPHVLWDNÔPÔQKD]ÔUOÔöÔPDNLQHOHULQ
KD]ÔUOÔöÔER\DVÔGDKD]RUOXELUVUHo
ROX\RU$OODK
DùNUEWQKD]ÔUOÔNODUÔPÔ]ÔQKHSVLQLELWLUGLNGHPLUDOPDNLoLQ
VDEÔUVÔ]OÔNODEHNOL\RUX]*|]OHPOHUEX
VHQHQLQGDKDL\LJHoHFHöLQLJ|VWHUL\RU
LQùDOODKKD\ÔUOÔVÔ\ODJ]HOJHoHUGHGL
ɳsNjɴȤʊȤŘ_sĨÞǣȖɴsNj_sÀÞǵǼÞNjÞɴŸNj
$1.$5$$$%LOLPDGDPODUÔGQ\D\]H\LQGHNLVXODUÔQ\ÔOLoHULVLQGH
QDVÔOGHöLùLNOLNJ|VWHUGLöLQLDQODPDNLoLQ
X\GXJ|UQWOHULQLLQFHOH\HUHNELQ
NLORPHWUHNDUHOLNNDUDSDUoDVÔQÔQVXODUOD
NDSODQGÔöÔQÔELQNLORPHWUHNDUHOLN
VX\XQGDNDUDSDUoDVÔKDOLQHJHOGLöLQL
EHOLUOHGL
%%&
QLQKDEHULQHJ|UHX\GXJ|UQWOHULQLLQFHOH\HQ+ROODQGD
QÔQ'HOWDUHV
$UDùWÔUPD(QVWLWV
QGHQDUDùWÔUPDFÔODU
\ÔOLoLQGHELQNLORPHWUHNDUHOLN
NDUDSDUoDVÔQÔQVXODUODNDSODQGÔöÔQÔYH
ELQNLORPHWUHNDUHOLNVX\XQJQP]GHNDUDSDUoDVÔKDOLQHJHOGLöLQL
DoÔNODGÔ
6RQXoODUÔ1DWXUH&OLPDWH&KDQJHGHUJLVLQGH\D\ÔPODQDQoDOÔùPD\Ô
\UWHQHNLSWHQ'U)HGRU%DDUWVXODUÔQ
HQID]OD7LEHW3ODWRVX
QXNDSODGÔöÔQÔ
VXGDQNDUD\DHQE\NG|QùPQ$UDO
*|O
QGH\DùDQGÔöÔQÔLIDGHHWWL
%LUoRNNÔ\ÔE|OJHVLQGH|QHPOL|OoGH
GHöLùLPROGXöXQXYXUJXOD\DQ%DDUW
'DKD|QFHKDULWDODQPD\DQ\HUOHUH
EDNDUDNLùHEDùODGÔNGHGL
%DUDMVD\ÔVÔQGDNLDUWÔùÔQGDNDUDODUÔQ
VXODUODNDSODQPDVÔQÔDUWÔUGÔöÔQÔV|\OH\HQ
%DDUWHUL\HQEX]XOODUQHGHQL\OH\HQL
J|OOHULQROXùWXöX7LEHW3ODWRVX
QGDNL
E\NGHöLùLNOLNOHUOHELU]DPDQODUJHQLù
WRSUDNSDUoDVÔRODQNDUDODUÔQJQP]GHVXODUDOWÔQGDNDOGÔöÔQÔELOGLUGL
$5$/*g/h1(5('(<6(
$0$0(1.858'8
%DDUW0\DQPDU
GDoRNVD\ÔGD
EDUDMÔQLQùDHGLOGLöLQLELOL\RUGXNDQFDN
ùLPGLNDoWDQHROGXöXQXJ|UHELOGLN
.X]H\.RUH
QLQ*QH\.RUHVÔQÔUÔQGD
EDUDMODULQùDHWWLöLQLJ|UGNGHöHUOHQGLUPHVLQGHEXOXQGX
(QE\NGHöLùLPLQ2UWD$V\D
GDNL
$UDO*|O
QGHJ|UOGöQHGLNNDWoHNHQ
%DDUWELU]DPDQODUHQE\NJ|OOHUGHQ
ELULRODQ$UDO*|O
QQPKHQGLVOHULQ
WDUÔPDUD]LOHULQLVXODPDNLoLQQHKLUOHULQ
\|QQGHöLùWLUPHVLQLQDUGÔQGDQQHUHGH\VHWDPDPHQNXUXGXöXQXYXUJXODGÔ
$UDùWÔUPDFÔODU$%'
QLQHQE\NWHPL]
VXVDöOD\ÔFÔVÔ/DV9HJDV\DNÔQODUÔQGDNL
0HDG*|O
QQVXND\EHWWLöLQLYH
NLORPHWUHNDUHVLQLQNXUXGXöXQXDNWDUGÔ
.Ô\ÔE|OJHOHULQLGHLQFHOH\HQDUDùWÔUPDFÔODUVDKLOOHULQELQNLORPHWUHNDUH
WRSUDNND]DQÔUNHQELQNLORPHWUHNDUHVXND\EHWWLöLQLEHOLUOHGL1$6$
QÔQ
/DQGVDWX\GXVXQGDQDOÔQDQJ|UQWOHUL
LQFHOH\HQHNLELQGDKD|QFHND\ÔWDOWÔQD
DOÔQPD\DQ\DSÔODUÔWHVSLWHWPH\LEDùDUGÔöÔND\GHGLOGL
[email protected]
$õ867263$=$57(6÷
dDO×üDQODU×QDNO×
´<D]WDWLOLµQGH
+$%(50(5.(=÷÷67$1%8/÷ùKD\DWÔQÔQHQ
E\NPRWLYDV\RQND\QDNODUÔQGDQELULùSKHVL]NL
\D]WDWLOOHUL%LUoRNoDOÔùDQVDEDKLùHJLGHUNHQoÔNDFDöÔELUVRQUDNLWDWLOLQKD\DOLQLNXUX\RU7UNL\HµGH
oDOÔùDQODUÔQYHLùYHUHQOHULQHQoRNWHUFLKHWWLöLRQOLQH
LQVDQND\QDNODUÔSODWIRUPX.DUL\HUQHWµLQoDOÔùDQODUD
YHLùYHUHQOHUH\|QHOWHUHN\DNODùÔNELQ\DQÔWDOGÔöÔ
²<D]WDWLOLSODQODUÔ³DQNHWLQLQVRQXoODUÔDoÔNODQGÔ
dDOÔùDQODUÔQWDWLOSODQODUÔQÔ\DSDUNHQ|QOHULQH
oÔNDQLONHWPHQWDELLNLoDOÔùWÔNODUÔNXUXPXQ\ÔOOÔNL]LQ
SURVHGUOHUL÷ùYHUHQOHUHVRUXODQ²dDOÔùDQODUD\|QHOLN\ÔOOÔNL]LQNXOODQÔPÔLOHLOJLOLELUSURVHGUQ]YDU
PÔ"³VRUXVXQX\DQÔWOD\DQODUÔQµVL²+D\ÔUGLOHGLNOHULJLELNXOODQDELOL\RUODU³\DQÔWÔQÔYHULUNHQµX
²dDOÔùDQÔQSR]LV\RQXQDJ|UHGHöLùHELOL\RU³µVL
²(YHWELUHUKDIWDOÔNSHUL\RGODUGDNXOODQDELOL\RUODU³
µX²(YHWLNLKDIWDNHVLQWLVL]L]QHoÔNÔ\RUODU³YH
µ²<DUÔVÔQÔ\D]\DUÔVÔQÔNÔùD\ODUÔQGDNXOODQÔ\RUODU³\DQÔWÔQÔYHUGL%XGXUXPGDVRUX\X\DQÔWOD\DQùLUNHWOHULQµoDOÔùDQODUÔQÔQ\ÔOOÔNL]LQNXOODQÔPODUÔQD
\|QHOLNSURVHGUOHUX\JXODUNHQSURVHGUQLoHULöL
NXUXPGDQNXUXPDGHöLùLNOLNJ|VWHUHELOL\RU
d$/,ø$1/$5,1µ÷<,//,.
÷=÷1.8//$1$0,<25
dDOÔùDQODUDVRUXODQ²<D]WDWLOLQLNDoJQNXOODQÔ\RUVXQ"³VRUXVXQD\DQÔWOD\DQODUÔQµVL²
JQ³\DQÔWÔQÔYHUGL6RUX\DFHYDSYHUHQOHULQµL²
KDIWD³GHUNHQµL²IDUNOÔ]DPDQGDELUHUKDIWD³
µL²0DDOHVHIL]QLP\RN³YHµVL²+DIWDVRQXLOH
EDöOD\DUDNJQ³GHGL<D]G|QHPLQGHELUoRN
VHNW|UGHLùOHULQ\RöXQOXöXQXQD]DOPDVÔYHoDOÔùDQODUÔQ\D]OÔNE|OJHOHUHJLGHUHNoDOÔùWÔNODUÔùHKULQNHùPHNHùLQGHQX]DNODùPDNLVWHPHOHUL\ÔOOÔNL]LQOHULQ\D]
G|QHPLQGHSODQODQPDVÔQDVHEHSROXUNHQVRUX\X
\DQÔWOD\DQODUÔQµLQH\D]ÔNNLoHùLWOLVHEHSOHUGHQ
GROD\ÔL]LQNXOODQDPDGÔNODUÔLoLQ\D]G|QHPLQGHGH
WDPKÔ]oDOÔùPD\DGHYDPHGL\RU
²'(1÷=.80*h1(ø³hd/h6h
7$7÷//(5÷1)$925÷6÷
dDOÔùDQODUD\|QHOWLOHUHNVRQXQXRQODUÔQWDPDPODPDVÔLVWHQHQ²%HQLPWDWLOSODQÔPª³FPOHVLQGH
DQNHWL\DQÔWOD\DQODUÔQµL²'HQL]NXPJQHù³
GHGL&POH\LWDPDPOD\DQGLöHUoDOÔùDQODUÔQµL
²'RöDLOHLoLoHWDWLOOHU³µL²<HQLWDWODU\HQLNOWUOHUWDQÔPDN³YHµL²7DULKLYHWXULVWLNJH]LOHU³\RUXPXQX\DSWÔ²%HQLPWDWLOSODQÔPª³FPOHVLQL².LùLVHO
JHOLùLPYHHöLWLPSURJUDPODUÔQDNDWÔOPDN³GL\HUHN
WDPDPOD\DQODUÔQRUDQÔWDPDPOD\DQoDOÔùDQODUÔ
.DNWVRGD\×
UDG\DV\RQGDQDU×QG×UPD]
%856$$$8OXGDöhQLYHUVLWHVL8h=LUDDW
)DNOWHVL3H\]DM0LPDUOÔöÔ%|OP%DùNDQÔ3URI'U
0XUDW=HQFLUNÔUDQGQ\DJHQHOLQGHNDNWVQKHU
WUOHOHNWURQLNFLKD]ÔQ\D\GÔöÔUDG\DV\RQGDQNLùL\L
NRUXGXöX|]HOOLNOHWHOHYL]\RQODUÔQYHELOJLVD\DUODUÔQ\DQÔQDNRQXOPDVÔKDOLQGHEXFLKD]ODUÔQ\D\GÔöÔ
UDG\DV\RQXGLöHUELWNLOHUGHQGDKDID]ODHPGLöLQH
LQDQÔOGÔöÔQÔKDWÔUODWWÔ
%XLGGLDQÔQ
ODUGD'RöX$YUXSDONHOHULQGHQ
\D\ÔOGÔöÔQÔEHOLUWHQ=HQFLUNÔUDQù|\OHGHYDPHWWL
.DNWVQHOHNWURPDQ\HWLNUDG\DV\RQXEHOLUOLELU
RUDQGDDEVRUEHHWWLöLGRöUXIDNDW]DWHQKHUELWNLYH
oLoHNIRWRVHQWH]\DSDELOPHNLoLQRUWDPGDNLEXOXQDQ
ÔùÔöÔQWHPHOELULPLRODQIRWRQODUÔ\DQLHOHNWURPDQ\HWLN
NXYYHWLQELUE|OPQUDG\DV\RQXEHOLUOLELUPLNWDUGDHPHU%LWNLOHU]DWHQRUWDPGDNLUDG\RGDOJDODUÔ
PLNURGDOJDODUJ|UQUÔùÔNPRU|WHVLÔùÔQÔPYHNÔ]ÔO|WHVLÔùÔQÔPÔQROXùWXUGXöXHOHNWURPDQ\HWLNUDG\DV\RQXEHOLUOLELURUDQGDHPHUHNYHEXQXGDKDYDGDQ
DOGÔöÔNDUERQGLRNVLWOHELUOHùWLUHUHNNHQGLVLLoLQùHNHU
\DQLEHVLQUHWLU%LWNLOHULQKD\DWWDNDODELOPHOHULLoLQ
RUWDPGDEXOXQDQÔùÔöÔ\DQLHOHNWURPDQ\HWLNUDG\DV\RQX|]PVHPHOHULJHUHNLU%XUDGDDVÔOVRUPDPÔ]
JHUHNHQNDNWVQGLöHUELWNLOHU\DGDFLVLPOHUGHQ
HOHNWURPDQ\HWLNUDG\DV\RQXHPPHGHVWQROXS
ROPDGÔöÔGÔU
.$98181'$+$÷<÷%÷55$'<$6<21(0÷&÷
2/0$6,*(5(.÷5
.DNWVQUDG\DV\RQXGDKDoRNHPGLöLQHLOLùNLQ
WH]LRUWD\DDWDQODUÔQEXELWNLGHoRNID]ODVXROPDVÔQÔ
JHUHNoHJ|VWHUGLöLQHGHöLQHQ=HQFLUNÔUDQ6X\XQ
L\LELUUDG\DV\RQDEVRUEHHGLFLNLP\DVDOROGXöXGRöUXGXUDQFDNNDNWVOHUGHVXPLNWDUÔRUWDODPD\]GH
GLU%XPDQWÔNODEDNDFDNROXUVDNLoHULöLQGH\]GH
ÔQ]HULQGHVXEXOXQDQNDYXQXQGDKDL\LELUUDG\DV\RQHPLFLROPDVÔJHUHNLULIDGHOHULQLNXOODQGÔ
3URI'U=HQFLUNÔUDQNDNWVOHULQLQVDQODUÔ]DUDUOÔ
ÔùÔQÔPODUGDQEWQ\OHNRUXGXöXWH]LQLQWDPDPHQ
ELOLPGÔùÔROGXöXQXDQODWWÔ
6|]NRQXVXWH]LQoHOLùNLOLROGXöXQXVDYXQDQ
=HQFLUNÔUDQùXQODUÔND\GHWWL
.DNWVELWNLOHULQLQLQVDQODUÔ]DUDUOÔÔùÔQÔPODUGDQ
NRUXGXöXLGGLDVÔIL]LNOHoHOLùWLöLJLELEL\RORMLELOLPL\OH
GHoHOLùLU'Q\DGDNLEWQELWNLOHUEHOOLELURUWDN
DWDGDQN|NHQDODUDNRUWD\DoÔNDUYHVUHNOLGHöLùLUOHU%XGHöLùLP\DYDùGDROVDGHYDPHGHU%LOLPLQ
HQWHPHOJHUoHöLRODQEXJHOLùLPLQLNLWHPHONXUDOÔ
YDUGÔUKD\DWWDNDOPDNYHUHPHN÷ùWHEXQHGHQOH
KLoELUELWNL\NVHNHQHUMLOLUDG\DV\RQX|]HOOLNOH]HULQHoHNPHNDPDFÔ\ODGHöLùPH]YHJHOLùPH]oQN
KHURUJDQL]PDQÔQWHPHODPDFÔKD\DWWDNDODELOPHNWLU
'ROD\ÔVÔ\ODNDNWVOHULQRUWDPGDNLUDG\DV\RQXE\N
PLNWDUODUGDYHLQVDQODUÔUDG\DV\RQGDQNRUXPDN
DPDFÔ\ODVRöXUGXöXLGGLDVÔEL\RORML\OHGHoHOLùLU
.DNWVELWNLVLVDGHFHNHQGL]HULQHJHOHQoRND]
PLNWDUGDNLUDG\DV\RQXDEVRUEHHGHELOLURGDGDNL
EWQUDG\DV\RQXoHNHPH]
%8/0$&$1,1dg=h0h
$õ867263$=$57(6÷
6$$7*h1&(/
2\XQFDNVHoLPLoRFXNODUÕQ
NDUDNWHUJHOLúLPLQLHWNLOL\RU
(UNHNOHUWHOHIRQODU×QGDQ
VDGHFHVDQL\H
D\U×NDODELOL\RU
+$%(50(5.(=÷÷67$1%8/.DVSHUVN\/DEDGÔQD
:U]EXUJYH1RWWLQJKDP7UHQWhQLYHUVLWHOHULWDUDIÔQGDQ
\DSÔODQGHQH\GHNDWÔOÔPFÔODUELUEHNOHPHRGDVÔQGDVHUEHVWEÔUDNÔOGÔODUYHHOOHULQLQWHOHIRQODUÔQDJLWPHVLRUWDODPD
VDQL\HGHJHUoHNOHùWL(UNHNOHUEXVUHQLQ\DUÔVÔNDGDU
ELOHGD\DQDPDGÔYH\DOQÔ]FDRUWDODPDVDQL\HEHNOH\HELOGL.DGÔQODUVDRUWDODPDVDQL\HVRQUDWHOHIRQODUÔQÔ
NRQWUROHWWLOHU
'L\HOLPNLELUGRVWXQX]LùDUNDGDùÔQÔ]YH\DGRFWRU
UDQGHYXVXLoLQEHNOL\RUVXQX]6L]FHWHOHIRQXQX]DQH
NDGDUVUHVRQUDEDNÔ\RUVXQX]"÷NLGDNLND"hoGDNLND"
'LMLWDOFLKD]ODUODNXUGXöXPX]DUNDGDùOÔNODUÔGDKDD\UÔQWÔOÔLQFHOHPHNLoLQEXGHQH\GHNDWÔOÔPFÔODUDGDNLND
VRQUDNHQGLILNLUOHULQFHQHNDGDUVUHGHHOOHULQLQWHOHIRQD
JLWWLöLVRUXOGXdRöXQXQYHUGLöLFHYDSLNLYH\DoGDNLND
VRQUD\GÔ+DOEXNLVUHOHUNDWÔOÔPFÔODUÔQWDKPLQOHULQGHQoRN
GDKDNÔVD\GÔ
'HQH\VRQXoODUÔQGD\RUXPGDEXOXQDQ1RWWLQJKDP
7UHQWhQLYHUVLWHVLµQGHQ-HQV%LQGHU²'HQH\J|VWHUL\RUNL
LQVDQODUVDQGÔNODUÔQGDQGDKDID]ODEXFLKD]ODUDEDöOÔODU
$UWÔNRQODUODEDùEDùDNDOGÔöÔPÔ]GDGLUHNWEXFLKD]ODUD
\|QHOPHPL]GRöDPÔ]KDOLQHJHOGL$UWÔNEHNOHPL\RUX]%X
FLKD]ODUVD\HVLQGHELOJL\HYHHWNLOHùLPHoDEXNXODùDELOL\RU
YHJHoHELOL\RUE|\OHFHGÔùGQ\D\DEDöODQDELOL\RUROPDPÔ]RQODUÔEDVLWELUWHNQRORMLGHQVHKD\DWODUÔPÔ]GDGLMLWDO
DUNDGDùODURODUDNNRQXPODQGÔUÔ\RU³GHGL
hQLYHUVLWHOHUWDUDIÔQGDQ\DSÔODQDUDùWÔUPDODUDJ|UH
WHOHIRQODUÔPÔ]ÔNRQWUROHWPHJGVoHYULPLoLROPDGÔöÔPÔ]GDELUELOJL\LYH\DKHUKDQJLELUùH\LNDoÔUÔ\RUROPD
NRUNXVXQGDQND\QDNODQÔ\RURODELOLU)202%XDUDùWÔUPDODUDHNELUDQNHWHJ|UHLVHWHOHIRQODUÔQÔGDKD\RöXQ
RODUDNNXOODQDQLQVDQODUEXNRUNX\DVDKLSROGXNODUÔQÔ
NDEXOHGL\RUODU
:U]EXUJhQLYHUVLWHVLµQGHQ$VWULG&DUROXVùX
\RUXPGDEXOXQX\RU².DWÔOÔPFÔODUWHOHIRQODUÔQÔGDKDID]OD
NXOODQGÔNODUÔQGDWHOHIRQODUÔHOOHULQGHGHöLONHQRODQODUÔNDoÔUGÔNODUÔNRUNXVXQDGDKDoRNNDSÔOÔ\RU÷QVDQODUWHOHIRQODUÔQÔELUùH\OHUNDoÔUÔ\RUROPDNWDQNRUNWXNODUÔLoLQPLGDKD
ID]ODNXOODQÔ\RUODU\RNVDWHOHIRQODUÔQÔoRNNXOODQGÔNODUÔLoLQ
PLNXOODQPDGÔNODUÔQGDELUùH\OHULNDoÔUDFDNODUÔQGDQNRUNX\RUODU°KDQJLGX\JXQXQELUGLöHULQLWHWLNOL\RUROGXöXQX
V|\OHPHNJo³
dDOÔùPDQÔQELUEDùNDVRQXFXLVHWHOHIRQODUÔPÔ]ÔGDKD
ID]ODNXOODQGÔöÔPÔ]GDGDKDoRNVWUHVDOWÔQDJLUL\RUX]
ROPDPÔ]<LQHGHLOJLQoELUùHNLOGHNDWÔOÔPFÔODUDJHQHO
PXWOXOXNODUÔVRUXOGXöXQGDWHOHIRQODUÔQÔoRNYH\DD]
NXOODQDQODUDUDVÔQGDELUIDUNJ|UOPHGL<DQLDNÔOOÔWHOHIRQ
NXOODQÔPÔVHEHEL\OHROXùDQVWUHVJHQHOPXWOXOXN]HULQGH
|QHPOLELUHWNL\HVDKLSGHöLO
GDNLNDOÔNEHNOHPHVHDQVÔER\XQFDNDWÔOÔPFÔODU
WHOHIRQODUÔQÔRUWDODPDRODUDNGDNLNDNXOODQGÔ.DVSHUVN\
/DEWDUDIÔQGDQGDKD|QFH\DSÔODQDUDùWÔUPDQÔQGDJ|VWHUGLöLJLELPRELOFLKD]ODUÔDGHWDEH\LQOHULPL]LQELUX]DQWÔVÔ
RODUDNJ|UGöP]GHQRQODUDROGXNoDEDöÔPOÔ\Ô]
.DVSHUVN\/DE.ÔGHPOÔ*YHQOLN$UDùWÔUPDFÔVÔ'DYLG
(PPLVHNRQX\ODLOJLOLùXQODUÔV|\OHGL²$NÔOOÔWHOHIRQODU
]DPDQÔPÔ]GDKD\DWODUÔPÔ]ÔQYD]JHoLOPH]ELUSDUoDVÔROVD
GDEXFLKD]ODUÔQGHöHULQLKDILIHDOPDPDPÔ]YHVRQXo
RODUDNELUHUFLKD]ROGXNODUÔQÔXQXWPDPDPÔ]JHUHNL\RU
6UHNOLHOLPL]LQDOWÔQGDROPDODUÔVHEHEL\OHLoOHULQGHNL
ELOJLOHULQNLùLVHOELOJLOHUYHGLöHUOHULROPDN]HUHQHNDGDU
GHöHUOLROGXöXQXXQXWPDPÔ]DVHEHSROX\RU.LùLVHOELOJLOHULPL]\DOQÔ]FDEL]LPLoLQGHöLOVXoOXODULoLQGHGHöHUOL
*L]OLELOJLOHULPL]KHUKDQJLELUùHNLOGHELUKÔUVÔ]ÔQYH\DN|W
DPDoOÔ\D]ÔOÔPFÔQÔQHOLQHJHoWLöLQGHDUNDGDùODUÔPÔ]YH
ELOJLND\QDNODUÔLOHRODQEDöÔPÔ]ÔULVNHDWPÔùROX\RUX]³
$õ867263$=$57(6÷
*D]HWHFLOHU&HPL\HWL$GÔQD6DKLEL
1$=0÷%÷/*÷1
<|QHWLP.XUXOX
$\KDQ$<'(0÷5+DQGH),5$7hPLW*h5781$<XVXI.$1/,
.HPDO.$5$&(+(11(06DYDù.,5$7/,$OL258d
*UD\62<6$/gQGHU6h5(1.g.$OLø÷0ø(.gQGHU<,/0$=
0XVWDID<2/'$ø(UWUN<g1'(0
0HVVHVH0GU)HULGXQ'2õ$1
<D]Ô÷ùOHUL0GU$OL%$98.
÷VWDQEXO7HPVLOFLVL$WLOD*h9(1d
÷VPDLO'PEOO6RNDN1R.DWhVNGDU÷VWDQEXO
7HO)DNV
÷GDUH0HUNH]L
*D]HWHFLOHU&HPL\HWLdHYUH6RNDN1RdDQND\D$1.$5$
7HO)DNV
'L]JL7DVDUÔP%DVNÔ
6216g=*D]HWHFLOLN0DWEDDFÔOÔN5HNODPFÔOÔN
÷Qù6DQYH7LF/WGøWL
øXEH÷YHGLN26%0DWEDDFÔODU6LWHVL
&DGGH1R<HQLPDKDOOH$1.$5$
øXEH÷YHGLN26%&DGGH6RNDN1R
<HQLPDKDOOH$QNDUD
7HOSE[)D[
<D\ÔQ7U<HUHO6UHOL
*D]HWHQLQ%DVÔP7DULKL$õ867263$=$5
'DöÔWÔP7XQDOÔ0HG\D/WGøWL
+$%(50(5.(=÷÷67$1%8/
dRFXNNHQGLQLoHYUHVLQLKD\DWÔR\XQ
\ROXLOHWDQÔU2\XQR\QDUNHQoHYUHVLQGHNLNLùLOHUOHLOHWLùLPKDOLQGHROGXöX
LoLQ]HNDVÔKDIÔ]DVÔNHOLPHELOJLVL
YHGX\JXODUÔJHOLùPHNWHGLU5DVWJHOH
DOÔQPÔùR\XQFDNODURQODUÔGHULQGHQ
HWNLOHUNHQELOLQoOLVHoLOHQR\XQFDNODU
LVHHWNLOLPHVDMODUYHUPHNWHGLU2\XQFDNODUoRFXöùXQ]LKLQVHOYHGX\JXVDO
JHOLùLPLQLE\NER\XWWDHWNLOHUoQN
oRFXNODUR\XQFDNODUYDVÔWDVÔ\ODKHP
R\XQODUÔQÔKHPGHGùQFHGQ\DODUÔQÔJHOLùWLUPHùDQVÔQDVDKLSROXUODU
(PVH\+RVSLWDOµGDQ3VLNL\DWUL8]PDQÔ
'U2UKDQ.DUDFDJ|UùOHULQLDNWDUÔ\RU
dRFXöXQNDUDNWHULQLùHNLOOHQGLUL
\RUPX"
dRFXNODUVHoWLNOHULYHR\QDGÔNODUÔ
R\XQFDNODULOHDVOÔQGDHEHYH\QOHULQH
PHVDMODUYHULUOHU2\XQFDNVHoLPOHUL
\DSÔOÔUNHQoRFXöXQ]HNDJHOLùLPLQL
GHVWHNOH\LFL|öUHWLFLWHUFLKOHU\DSÔOPDOÔGÔU(öLWLFLR\XQFDNODUHöOHQFHOLROGXNODUÔNDGDUoRFXNODUÔQNHQGLOHULQLYH
oHYUHOHULQLWDQÔPDODUÔQDGD\DUGÔPFÔ
ROPDNWDGÔU%XR\XQFDNODUoRFXNODUÔQ
\DùODUÔQDYHEHFHULOHULQHX\JXQRODUDN
VHoLOGLNOHULQGHoRFXNODUÔQJHOLùLPOHUL
]HULQGHNLHWNLOHULGHQHWELUELoLPGHJ|UOPHNWHGLU
2\XQFDNODUoRFXNODUDFLQVL\HW
VÔQÔIODQGÔUPDVÔ\DSÔ\RUPX"
2\XQFDNVHoLPL\DSDUNHQNÔ]HUNHND\UÔPÔ\DSPDGDQoRFXNODUÔQÔ]ÔQ
KHUoHùLWR\XQFDNODUODR\QDPDVÔYH
VHYGLNOHULLQVDQODUÔQUROOHULQLEXR\XQFDNODUODWDNOLWHWPHVLQHL]LQYHULQ
g]HOOLNOHHEHYH\QOHUHUNHNoRFXNODUÔQNÔ]oRFXNODUÔQÔQWHUFLKHWWLöL
R\XQFDNODUODR\QDPDVÔNRQXVXQGD
HQGLùHOLOHU'LöHUWDUDIWDQNÔ]oRFXNODUÔQHUNHNoRFXNODUÔQÔQWHUFLKHWWLöL
R\XQFDNODUODR\QDPDODUÔNRQXVXQGD
RNDGDUHQGLùHOLGDYUDQPD\DELOL\RU
2\VDHUNHNoRFXNODUÔQNÔ]oRFXNODUÔQÔQ
WHUFLKHWWLöLR\XQFDNODUODR\QDPDODUÔQÔQ\DVDNODQPDVÔSUREOHP\DUDWDELOLU
.Ô]oRFXNODUÔQÔQGDHUNHNoRFXNODUÔQÔQGDKD\DWÔQGDHYFLOLNR\XQFDNODUÔ
\HUDOPDOÔGÔUoQNoRFXNODUÔQKD\DWÔQGDKHPDQQHKHPEDED\DQLKHP
HUNHNOHUKHPGHNDGÔQODUYDUGÔU%LU
HUNHNoRFXöXQDQQHVLQLWDNOLWHGHUHN
R\XQFDNWHQFHUHOHUOH\HPHN\DSPD\D
oDOÔùPDVÔNDGDUGRöDOELUùH\\RNWXU
)DNDWDQQHEDEDRODUDNoRFXöDVHQ
HUNHNoRFXNVXQNÔ]R\XQFDNODUODR\QDPDGHQLUVHoRFXöXQNÔ]ODUÔQWHUFLK
HWWLöLR\XQFDNODUDR\QDPD\DRODQLOJLVL
\RNNHQDUWDELOLU%XQHGHQOHNoN
oRFXNODUÔQKHUWUOR\XQFDNODUODR\QDPDVÔQDL]LQYHULOPHOLGLUg]HOOLNOHGH
HUNHNoRFXNODUÔQR\XQFDNWHUFLKOHULQGH
\DUJÔOD\ÔFÔELU\DNODùÔPVHUJLOHPHPHN
JHUHNLU
%XFLQVL\HWVÔQÔIODQGÔUPDVÔQÔQ
oRFXNODU]HULQGHROXPVX]HWNLVL
YDUPÔ"
.Ô]oRFXNODUÔQDöÔUOÔNOÔRODUDN
EHEHNOHUOHYHHYHù\DODUÔ\ODHUNHN
oRFXNODUÔQLVHDUDEDODUWDPLUDOHWOHUL
YHVSRUPDO]HPHOHUL\OHR\QDGÔNODUÔ
J|UOPHNWHGLU%XUDGDoRFXNODUÔQFLQVL\HWOHULQHJ|UHDLOHOHULQGDYUDQÔùODUÔ
YHR\XQFDNVHoLPLQGHNLWXWXPODUÔGD
oRNHWNLHWPHNWHGLU
dRFXNODULoLQ\DùODUDYHFLQVL\HWOHULQH
X\JXQR\XQFDNVHoLPLQGHLONEHOLUOH\LFLDLOHROPDNODELUOLNWHJ|]|QQGH
EXOXQGXUXOPDVÔJHUHNHQED]ÔQRNWDODU
EXOXQPDNWDGÔU
2\QDGÔöÔR\XQFDNODUoRFXöXQ
IL]LNVHOYH]LKLQVHOJHOLùLPLQLQDVÔO
R\XQFDNROPDVÔJHUHNWLöLGLU$LOHOHULQ
NHQGLLVWHNOHULQHGHöLO%LUoRFXNLoLQ
R\XQFDöDNDoSDUDYHULOGLöL\DGD
QHUHGHQDOÔQGÔöÔYHPDUNDVÔKLoELUùH\
LIDGHHWPH]dRFXNR\XQFDNODVHYHUHN
R\QDPDOÔGÔU(öHULVWHQLUVHKHUùH\
R\XQFDNRODELOLUKDWWDVDWÔQDOÔQDQ
GLöHUOHULQHJ|UHGDKD\DUDUOÔELOHRODELOLU%WQJHUHNHQELUD]\DUDWÔFÔOÔNYH
GLNNDWWLU
dRFXNODUDKDQJL\DùWDKDQJL
R\XQFDNODUDOÔQPDOÔ"
dRFXN\DùÔQDJHOHQHNDGDUNL
VUHoWHVHVoÔNDUDQoÔQJÔUDNODUGLù
oÔNDUPDNDùÔQWÔVÔQÔD]DOWDFDNKLM\HQLNSODVWLNNDùÔ\ÔFÔODUWHUFLKHGLOHELOLU
(PHNOHPHVUHFLQGHEH]R\XQFDNODU
DUDEDODUYHKD\YDQODUGDKDoRNLOJLVLQL
oHNHFHNWLUUHVLPOHUOHUGHQROXùDQ
KLND\HNLWDSODUÔDQQHYHEDEDODUWDUDIÔQGDQDQODWÔOPDVÔROGXNoD|QHPOLGLU
<UPH\HEDùODGÔNWDQVRQUDNROD\OÔNOD
LWHFHöLYHoHNHFHöLD\QÔ]DPDQGDVHV
oÔNDUDELOHQRWRPRELOOHUNoNoDSOÔ
EHEHNDUDEDODUÔWHUFLKHGLOHELOLU
\DùDUDVÔPLQLRGDWDNÔPODUÔWDPLU
DOHWOHUL\DùDUDVÔg]HOOLNOHEX
\DùODUGDGÔùDUÔR\XQR\QDPDNVRV\DOOHùPHVLDUNDGDùOÔNHGLQPHOHULLoLQ
HWNLOL\RU"
QDQDLOHOHUROGXöXGDELUJHUoHNWLU
LGHDO\DùODUGÔU$\QÔ]DPDQGDER\DPD
2\XQFDNODUÔQoRFXNODUÔQGX\JXVDO
0DDOHVHIELUoRNHEHYH\QEX\DQOÔùD
NDUWRQPXNDYYDJLEL]HNDJHOLùLPOHULQL
YHIL]LNVHOJHOLùLPLQGHFLGGLIDNW|UOHUL
GùPHNWHGLU
GHVWHNOH\LFLIDDOL\HWOHUGHEXOXQPDVÔQD
YDUGÔU
gUQHöLQHOHNWURQLNR\XQFDNODUEX
ROGXNoDID\GDOÔRODELOLU\DùVRQUDVÔ
)L]LNVHOYHPRWRUJHOLùLPoRFXNODWLSR\XQFDNODUGÔU*HQHOOLNOHoRFXöXQ
$UWÔNRNXOG|QHPLEDùODPÔùWÔUYHR\XQUÔQXODùPD\ÔHPHNOHPH\LWÔUPDQPD\Ô WHNEDùÔQDR\QDPDVÔQDLPNDQYHUGLFDNVHoLPOHULR\XQDODQODUÔIDUNOÔOÔNODU
YHGHQJHGHGXUPD\Ô|öUHQPHOHUL\OH
öLLoLQKHPVRV\DOOHùPHVLDoÔVÔQGDQ
J|VWHUHFHNWLU$öÔUOÔNOÔRODUDNIXWERO
JHOLùLU÷QFHPRWRUJHOLùLPLVHNoN
VÔNÔQWÔODUD\RODoDUKHPGHoRFXöX
EDVNHWERO7YL]OHPHNELVLNOHWELQPHN
R\XQFDNODUÔQWXWXOPDVÔ\ODJHOLùLU÷QFH
NÔVÔWOÔELUPHNDQGDKDSVHGHU%XWU
YHUHVLPOLNLWDSODUGDKDoRNLOJLVLQL
PRWRUJHOLùLPLNoNNDVODUÔQNRRUGLR\XQFDNODUGDoRFXöXQ\DUDWÔFÔOÔöÔQÔ
oHNHFHNWLU
QDV\RQXQXLoHUPHNWHGLUHOGHNLD\DNJHOLùWLUHFHöLKLoELU|]HOOLN\RNWXU
2\XQFDNODUÔoRFXNODUÔQNHQGLOH
WDNLELOHNWHNLNDVODUYEª÷QFHPRWRU
6DYDùR\XQODUÔYHVLODKODUGD
ULQLQVHoLP\DSPDODUÔQDPÔL]LQYH
EHFHULOHULHOOHUGHNLNDVODUÔQNXOODQÔoRFXöXQoHYUHVLQHNDUùÔVDOGÔUJDQELU
ULOPHOL\RNVDHEHYH\QOHUPLVHoLP
WXWXPJHOLùWLUPHVLQH\RODoDELOLU6RVPÔQÔYHGLNNDWLoLQGHJ|]NDVODUÔQÔQ
\DSPDOÔ"
NXOODQÔPÔQÔJHUHNWLULU$NWLYLWHPDVDODUÔ \DOKD\DWDX\XPNRQXVXQGDVRUXQODU
2\XQFDNVHoLPOHULQGHELOLQoVL]FH
\DùDPDVÔQDQHGHQRODELOLU%LUFDQOÔ\Ô
\UWHoOHUEORNODUOHJRODUDWPDYH
VDGHFHVL]LQEHöHQLQL]HKLWDSHGHQ
\RNHWPHN]HUHNXUXOPXùVDYDù
oHNPHJHUHNWLUHQR\XQFDNODUPRWRU
R\XQODUÔELUVUHVRQUDoRFXNWDEXQXQ VHoLPOHU\DSPDQÔ]oRFXöXQX]WDUDIÔQJHOLùLPLQLGHVWHNOHUdRFXN\DùDPÔGDQKRùNDUùÔODQPD\DELOLU6HoLPOHUL
QRUPDOELUùH\ROGXöXGX\JXVXQXQ
QÔQLONVHQHVLQGHKDUHNHWOHULQLGDKD
\DSDUNHQoRFXöXQX]XQ\DùÔQDNXOODNRRUGLQHOLKDOHJHWLUHUHNEDVLWELUWDNÔP \HUOHùPHVLQHNDGDUYDUDELOHQROXPQÔPùHNOLQHYHRQXJHOLùWLULFL|]HOOLNOHULVX]OXNODUDVHEHSRODELOLU
KDUHNHWOHULVRQXFXQGDQHOHU\DSDELOHQHGLNNDWHWPHQL]JHUHNLU
dRFXöXQR\QDGÔöÔR\XQFDNODU
FHöLQLQIDUNÔQDYDUÔU
2\XQFDNDOÔUNHQFLQVL\HWD\UÔPÔJ|RQXQPHVOHNVHoLPLQHHWNLVLROX\RU
'X\JXVDOJHOLùLPHHWNLHGHQR\XQ]HWPH\LQ2NXO|QFHVLG|QHPGHQVRQPX"
FDNODUVD\HVLQGHoRFXNODUDU]XODUÔQÔ
UDR\XQODUGDYHR\XQFDNODUODNÔ]ODUÔQ
dRFXNODUÔQR\QDGÔNODUÔR\XQODUYH
LVWHGLNOHULQLRUWD\DNR\DUODUYHNRUNXODUÔLOHN|WGHQH\LPOHULQLQVWHVLQGHQ VHoWLNOHULR\XQFDNODULOHULGHVHoHFHNOH- EHEHNOHHUNHNOHULQDUDED\ODR\QDPDVÔ
JLELFLQVL\HWHJ|UHIDUNOÔOÔNODUROPDNOD
ULPHVOHNOHULKDNNÔQGDLSXoODUÔYHUGLöL
JHOHELOLUOHU2\XQODELUOLNWHoRFXöXQ
ELUOLNWHKHUoRFXNGHöLùLNR\XQFDNODUOD
\|QQGHGùQFHOHUYDUGÔUgUQHN
oHYUHVL]HULQGHNLHWNLQOLöLYHIDUNÔQR\QD\DUDNIDUNOÔGHQH\LPOHUND]DQÔU
RODUDNELUP]LNDOHWL\OHR\QD\DQELU
GDOÔöÔDUWDUdRFXNR\XQR\QDUNHQ
(EHYH\QOHUJHQHOOLNOHoRFXNODUÔ
NHQGLVLQLJYHQGHKLVVHWWLöLQGHROXPOX oRFXöXQGX\JXVDO|]HOOLNOHUWDùÔGÔöÔ
QDoRNID]ODR\XQFDNDOÔ\RUdRFXN
EHGHQVHOPDQWÔNVDOPDWHPDWLNVHO
GX\JXVDOJHOLùLPLQHGHNDWNÔVÔROPDNODUDoRNID]ODR\XQFDNDOPDNGRöUX
]HNDLOHP]LN]HNDVÔQÔQGDKDID]OD
WDGÔU$\UÔFDoRFXöXQR\XQODUÔQDHEHPX\RNVDEHOOLELUVD\ÔGDR\XQFDN
JHOLùWLöLEXQHGHQOHPHVOHNRODUDN
YH\QOHULGHGDKLOROGXöXQGDEXHöLWLFL
P]LV\HQOLN\D]DUOÔN\DGDPDWHPDWLN DOPDN\HWHUOLROXUPX"
R\XQFDNODUoRFXNYHHEHYH\QDUDVÔQ+HUoRFXND\QÔGHöLOGLUED]ÔoRELOLPOHULDODQODUÔQGDoDOÔùDFDöÔ\|QQGDJoOEDöODUROXùPDVÔQD\DUGÔPFÔ
FXNODUVDGHFH|QHPVHGLNOHULELUNDo
ROXUODUdRFXNODUR\XQR\QDUNHQVDKLS GHGùQFHOHUYDUGÔU
R\XQFDNODUÔ\ODR\QDUODUYHX]XQ\ÔOODU
$\QÔùHNLOGHNSEORNODUYHR\XQ
ROPDGX\JXODUÔGDJHOLùPHNWHGLUgQEXR\XQFDNODUÔQÔVDNODUODU%D]ÔoRFHOHULoRFXöXQX]ELUR\XQFDöÔ\DOQÔ]FD KDPXUX\ODR\QDPDNWDQKRùODQDQELU
FXNODULVHR\XQFDNODUÔQDGDKDDJUHVLI
oRFXöXQJ|UVHOPDQWÔNVDOPDWHNHQGLVLLoLQLVWHUNHQR\XQODELUOLNWH
GDYUDQÔSNÔUÔSSDUoDOD\DUDNVUHNOL
NHQGLQLNRQWUROHWPH\LGH|öUHQHFHNWLU PDWLNVHOYHEHGHQVHO]HNDJHOLùLPL
\HQLR\XQFDNODULVWH\LSHEHYH\QOH%XùHNLOGHoRFXöXQX]VRV\DONXUDOODUÔ DoÔVÔQGDQLOHULGHVHoHFHöLPHVOHN
ULQLQ\HQLR\XQFDNDOPDVÔQDQHGHQ
GDOODUÔPLPDUOÔNUHVVDPKH\NHOWÔUDù
GDR\XQFDNODU\ROX\OD|öUHQPHNWHGLU
RODELOLU%LUGH\DOQÔ]FDoRFXöXQNHQGL
JLELVDQDWVDOYHoL]LPVHONDELOL\HWH
+DQJLR\XQFDNKDQJL\|QGH
HEHYH\QOHULGHöLO\DNÔQDNUDEDYHHù
GD\DQDQLùE|OPOHULRODELOLU
HWNLOLROX\RU"
%XQDJ|UHWRSODR\QD\DQELUoRFXN GRVWDDNUDEDODUÔGDR\XQFDNKHGL\H
gQFHOLNOHVHoLOHFHNR\XQFDöÔQ
HGHELOLUdRFXöDoRNID]ODR\XQFDN
oRFXöXQ\DùÔQDYHJHOLùLPVHYL\HVLQH LoLQGHEHGHQVHOVRV\DOLOHWLùLPYH
DOPDNLOHULGHoRFXöXQX]XQGR\XPVX]
J|UVHO]HNDVÔQÔQJHOLùPLùROGXöXQX
X\JXQROPDVÔJHUHNLU2\XQFDNODUÔQ
ROPDVÔQDYHGDKDID]ODVÔQÔLVWHPHVLQH
KDUHNHWOHLOJLOLPHVOHNOHUGHEDùDUÔOÔ
oRFXöXQJHOLùLPLQLROXPOX\|QGHHWNLRODELOHFHöLQLYHVSRUXQGHöLùLNGDOODUÔ QHGHQRODELOLU.HQGLR\XQFDNODUÔQÔ
OHGLöLYHPXWODNDR\QDPDVÔJHUHNWLöL
EHöHQPH\HQoRFXNDUNDGDùODUÔQGD
GùQOUYHEXGRöUXELUGùQFHGLU RUJDQL]DV\RQ\DGDPLPDUOÔNJLEL
J|UGöR\XQFDNODUDGDVDKLSROPDN
PHVOHNOHUH\|QHOHELOHFHöLQGHQV|]
<DùÔYHFLQVL\HWLQHROXUVDROVXQKHU
LVWH\HELOLU%XQHGHQOHoRFXNODUÔQÔ]
HGLOPHNWHGLU
oRFXNR\XQODYHR\XQFDNODE\PHOLLoLQRQODUÔQ\DùJUXSODUÔQDJ|UHX\JXQ
dRFXNODUDR\XQFDNDOÔUNHQQHOH
GLU$QFDNGRöUXR\XQFDNVHoLPLFLGGL
RODELOHFHNYH]LKLQVHOJHOLùLPOHULQLGH
UHGLNNDWHGLOPHOL"
ELU|QHPWDùÔU%XDoÔGDQJHOLùLPLQL
ROXPOXHWNLOH\HFHNEHOLUOLR\XQFDNODUÔ
2\XQFDNVHoLPLQGHHQ|QHPOL
GHVWHNOH\HFHNR\XQFDNODUVHoWLöLQL
DOPDQÔ]ÔWDYVL\HHGHUL]
ùH\R\XQFDöÔQoRFXöD\|QHOLNELU
]DQQHGHUHN\DQOÔùVHoLPOHUGHEXOX-
ɳĨȖǵÀĂEŘĶÞɴƊĶsNjÞǼsNjOÞÌs_sOsĨ
7UNL\H·QLQLONHPODNVLWHVL0LOOL\HWHPODNFRP*HQHO0GU0JH6H\PHQJD\ULPHQNXOVHNW|UQGHNL
\ÖOÖWUHQGOHUL\OHLOJLOLGHøHUOHQGLUPHOHUGHEXOXQGX6H\PHQ·HJ|UH\ÖOÖQGDDNÖOOÖHYWUHQGLKÖ]
ND]DQDFDNJHOLûPLûRILVDODQODUÖQDWDOHSDUWDFDNYH<NXûDøÖNRQXWWHUFLKLQLEDQOL\|OHUGHQ\DQD\DSDFDN
+$%(50(5.(=÷÷67$1%8/*D\ULPHQNXOVHNW|UQGHJHOHFHNWUHQGOHULQL
DOW\DSÔ\DWÔUÔPODUÔGHPRJUDILNGHöLùLNOLNOHUWNHWLFLOHULQJHOLùHQYHGHöLùHQLKWL\DoODUÔQÔQEHOLUOHGLöLQLEHOLUWHQ
0LOOL\HWHPODNFRP*HQHO0GU0JH
6H\PHQ\ÔOÔQGDJD\ULPHQNXOVHNW|UQGHNLWUHQGLù|\OHVÔUDODGÔ
$.,//,(99(÷ø<(5/(5÷1(
7$/(3$57$&$.
7UNL\HµQLQLONHPODNVLWHVL
0LOOL\HWHPODNFRP*HQHO
0GU0JH6H\PHQ
<HQLLQùDDWSURMHOHULYHUH]LGDQVODU
LOHDNÔOOÔHYYHDNÔOOÔRILVOHUHRODQWDOHS
GDKDGDKÔ]ND]DQDFDN$NÔOOÔHYYH
FLKD]ODUÔQ\ÔOÔQGDNLJHOHFHöL\OH
LOJLOL\DSÔODQDQDOL]OHUHJ|UHGQ\D
JHQHOLQGHDNÔOOÔHYVHQV|UOHULQGHNLNXOODQÔPRUDQÔDUWDFDNEXJHOLùPHGQ\D
JHQHOLQGHDNÔOOÔHYOHULQD\QÔRUDQOD
\NVHOHFHöLVRQXFXQXGDEHUDEHULQGH
JHWLUHFHN
<.8ø$õ,%$1/÷<g/(5÷7(5
&÷+('(&(.
<NXùDöÔQÔQLùKD\DWÔQGD\|QHWLFL
NRQXPXQGDRODFDöÔ\ÔOÔQGDEX
NXùDöÔQNRQXWWHUFLKLùHKLUGÔùÔQGDNL
NRQIRUOXYHONV\DùDPDODQODUÔQÔLoLQGH
EDUÔQGÔUDQEDQOL\|OHUGHNLDNÔOOÔELQDODUGDQ\DQDRODFDN
\ÔOÔQGDNHQWQIXVXGDKDGDDUWÔùND\GHGHFHN÷VWDQEXO$QNDUD÷]PLU
<(1÷/÷.d÷2)÷6$/$1/$5,1$
7$/(3$57$&$.
7LFDUHWLQ\ÔOÔQGDGDKDGD
JHOLùPHVLYHùHKLUOHùPHVL\OH\HQLOLNoL
YHWHNQRORMLNLùDODQODUÔQDRODQWDOHS
DUWDFDNg]HOOLNOHRUWDNDODQODUÔQSD\ODùÔODUDNNXOODQÔOGÔöÔLù\HUOHULGDKDGD|QH
oÔNDFDN
)$5./,÷+7÷<$d/$59(1&(
/÷./(52/8ø$&$.
www.24saatgazetesi.com
[email protected]
$%21(7$5÷)(/(5÷
÷/$17$5÷)(/(5÷
5HQNOLVD\IDODUVWFP
7/.'9
6L\DKEH\D]VD\IDODU
$\OÔN$ERQH7/.'9 SD]DUOÔöDWDELGLU
<XUWLoLYH\XUWGÔùÔSRVWD %LODQoR*HQHO
FUHWLLODYHHGLOHUHN
.XUXOYH7]N
÷ODQODUÔVWFP7/
DERQH\DSÔOÔU
<ÔOOÔN$ERQH
7/.'9
JLELE\NùHKLUOHULQQIXVXDUWPD\DGHYDPHGHUNHQHNRQRPLVLJHOLùPLùRODQ
%XUVD.D\VHUL'HQL]OL$QWDO\D$GDQD
*D]LDQWHSJLELLOOHUHRODQWDOHSDUWDFDN
YHEXE|OJHOHUGHNLHPODN\DWÔUÔPODUÔGD
DUWDFDN
www.24saatgazetesi.com
1IXVXQDUWÔùÔ\ODELUOLNWHKHPJHQo
QIXVKHPRUWD\DùOÔKHPGH\DùOÔQIXV
NRQXWEHNOHQWLYHLKWL\DoODUÔQDFHYDS
DUD\DFDN'ROD\ÔVÔ\ODVDGHFH<NXùDöÔ
GHöLO%DE\%RRPHUYH;NXùDöÔGD
NHQGLLKWL\DoYHEHNOHQWLOHULQHX\JXQ
WDOHS\DUDWDFDN)DUNOÔWDOHSOHUYHEHNOHQWLOHUHFHYDSYHUHQJD\ULPHQNXOSURIHV\RQHOOHULµLQND]DQODUÔRODFDN
6$$76$õ/,.
$õ867263$=$57(6÷
6HGHILQFLOWKDVWDO®³®Q®Q¦WHVLQGHHWNLOHULYDU
÷67$1%8/$$.UHVHODQODPGDONHGHQELQ
NLùLQLQNDWÔOÔPÔ\ODJHUoHNOHùWLULOHQ6HGHI+DVWDOÔöÔQÔ$QODPDN
EDùOÔNOÔDQNHWLQGQ\DVRQXoODUÔQDJ|UHKDVWDODUÔQ\]GH

FLOWOHULQGHNLEHOLUWLOHUQHGHQL\OHD\UÔPFÔOÔNYHDùDöÔODPD\DXöUDUNHQ\]GH
LSUREOHPLQEXODùÔFÔROXSROPDGÔöÔQD\|QHOLN
VRUXODUDPDUX]NDOÔ\RU
%XJQHNDGDU\DSÔOPÔùHQE\NVHGHIKDVWDOÔöÔDQNHWL
ROPD|]HOOLöLWDùÔGÔöÔEHOLUWLOHQoDOÔùPDQÔQVRQXoODUÔ÷VWDQEXO
GD
G]HQOHQHQEDVÔQWRSODQWÔVÔ\ODDoÔNODQGÔ
+DVWDGHUQHNOHULQLQGHVWHöL\OHLODoUHWLFLVL1RYDUWLVWDUDIÔQGDQJHUoHNOHùWLULOHQDQNHWLQ7UNL\HD\DöÔ6HGHI+DVWDODUÔ
'D\DQÔùPD'HUQHöLQFH\UWOG
7UNL\H
GHQKDVWDQÔQNDWÔOGÔöÔDQNHWLQVRQXoODUÔQÔ
DoÔNOD\DQoDOÔùPDQÔQ7UNL\HGDQÔùPDQÔ'HUPDWRORML8]PDQÔ
3URI'U6LEHO$OSHUWRSODQWÔGD|QFHOLNOHDQNHWLQGQ\DVRQXoODUÔQDLOLùNLQELOJLYHUGL
+DVWDODUÔQ\]GH
QQFLOWOHULQGHNLEHOLUWLOHUQHGHQL\OHD\UÔPFÔOÔNYHDùDöÔODQPD\ODNDUùÔODùWÔNODUÔQÔLIDGHHGHQ
$OSHUDQNHWLQVRUXQXQNLùLOHU]HULQGHNLSVLNRORMLNVRV\DOYH
ILQDQVDOHWNLOHULQLRUWD\DNR\DUNHQKDVWDOÔöÔQWDPDPHQWHGDYL
HGLOPLùELUFLOGHNDYXùDELOPHNRQXVXQGDNLEDNÔùDoÔODUÔQÔGD
J|VWHUGLöLQLEHOLUWWL
$OSHUoDOÔùPDQÔQGQ\DVRQXoODUÔQDJ|UHKDVWDODUÔQ\]GH
LQLQVRUXQXQEXODùÔFÔROXSROPDGÔöÔVRUXVX\ODNDUùÔODùWÔöÔQD
GLNNDWLoHNHUHN%XQDJ|UHDQNHWHNDWÔODQODUÔQ\]GH

VHGHILQLOLùNLOHULQLHWNLOHGLöLQLYHEXKDVWDODUÔQ\]GH
LKDVWDOÔNQHGHQL\OHLOLùNLOHULQLQVRQDHUGLöLQLEHOLUWL\RU<]GH

VHGHILQLùKD\DWODUÔQÔHWNLOHGLöLQLV|\OHUNHQ\]GH
LKDVWDOÔN
QHGHQL\OHSVLNRORMLNELUWDQÔDOPÔùGXUXPGD%XVRQXoODU
VHGHILQELUH\LQ\DùDPNDOLWHVLQHFLGGLHWNLOHULRODQELUKDVWDOÔN
ROGXöXQXDoÔNELUùHNLOGHRUWD\DNR\X\RU6RQXoODUD\UÔFDEL]H
NDWÔOÔPFÔODUÔQWDPYH\DWDPD\DNÔQL\LOHùPHEHNOHQWLOHULQLQGH
DǵÀNjĂǣĂŘĂĨsǣsŘɴÞɴsOsĨĶsNj
dRFXN6DöOÔöÔ8]PDQÔ'U1XUGDQ7XQo|]JU
RFX³XQX]RNXOD
KD]®UP®"
<RöXQELUHöLWLPG|QHPLQHEDùOD\DFDN
RODQoRFXNODUÔQJHOHFHöHGRöUXJYHQOL
YHVDöOÔNOÔDGÔPODUDWDELOPHOHULLoLQ´2NXO
|QFHVLJHQHOVDöOÔNPXD\HQHVLµE\N
|QHPWDùÔ\RU
g]HOOLNOHRNXODEDùOD\ÔQFDIDUNHGLOHQ
ED]ÔVDöOÔNSUREOHPOHULQLQHUNHQWHùKLVL
LoLQRNXO|QFHVLVDöOÔNWDUDPDVÔQÔQPXWODND\DSÔOPDVÔJHUHNWLöLQHGLNNDWoHNHQ
*YHQdD\\ROX6DöOÔN.DPSVdRFXN
6DöOÔöÔ8]PDQÔ'U1XUGDQ7XQo|]JU
²+HPHUNHQWHùKLVYHWHGDYLKHPGH
KDVWDOÔNODUGDQNRUXQPD\ROODUÔQÔQEHOLUOHQPHVLDGÔQDoRFXNODURNXODEDùODPDGDQ|QFHJHQHOELUVDöOÔNNRQWUROQGHQ
JHoPHOLGLU<DSÔODFDNRODQEXJHQHO
VDöOÔNNRQWUROHQD]RNXOVHoLPLND\ÔW
LùOHPOHULQLQ\DSÔOPDVÔYHRNXOLoLQJHUHNOL
PDWHU\DOOHULQDOÔQPDVÔNDGDU|QHPOLGLU³
LIDGHOHULQLNXOODQGÔ
²2NXODEDùODPDGDQ|QFHJHUoHNOHùWLULOHFHNVDöOÔNWDUDPDVÔQGDWHNUDUOD\DQ
YH\DGHYDPHGHQPHYFXWKDVWDOÔNODUÔ
WHVSLWHGL\RUYHNRUXQPD\ROODUԁ]HULQH
\RöXQODùÔ\RUX]<DSÔOPÔùYH\D\DSÔODFDNRODQDùÔODUÔQEHOLUOHQPHVLGHVDöOÔNNRQWUROQGHDPDoODGÔöÔPÔ]|QHPOL
KXVXVODUGDQELUL2EH]LWHKLSHUWDQVL\RQ
GL\DEHWJLELVLQVLEDùODQJÔoOÔKDVWDOÔNODU
KDNNÔQGDELOJLOHQGLUPH\DSDUDNoRFXöXQ
WPJHOHFHöLQLHWNLOHPHRODVÔOÔöÔEXOXQDQ
KDVWDOÔNODUNRQXVXQGDYHOLOHULELOLQoOHQGLUL\RUX]³DoÔNODPDVÔQGDEXOXQDQ7XQo|]JUD\UÔFDVNRO\R]JLELNDVLVNHOHWVLVWHPLVRUXQODUÔQGDGDHUNHQWHùKLVLQE\N
|QHPDU]HWWLöLQLQDOWÔQÔoL]GL
6DöOÔNWDUDPDVÔLOHRNXOG|QHPLQGH
EDùDUÔ\ÔHQJHOOH\HELOHFHN]DPDQND\ÔSODUÔQÔQ|QQHJHoPHNPPNQ
2NXO|QFHVLJHQHOVDöOÔNWDUDPDVÔQGD
oRFXöXQIL]LNVHOYH]LKLQVHOJHOLùLPL]HULQHGHLQFHOHPHOHU\DSÔOGÔöÔQÔQELOJLVLQL
YHUHQ7XQo|]JU²2NXO|QFHVLJHQHO
VDöOÔNPXD\HQHVLQGHJ|UPHYHLùLWPH
\HWLOHULQLGHöHUOHQGLUL\RUX]*HOLùPH
JHULOLNOHULQLVDSWÔ\RUYHVHEHEH\|QHOLN
LQFHOHPHOHU\DSÔ\RUX]9DUVDGDYUDQÔù
ER]XNOXNODUÔQÔEHOLUOL\RUYHo|]PKDULWDVÔROXùWXUX\RUX]%|\OHOLNOHRNXOG|QHPLQGHEDùDUÔ\ÔHQJHOOH\HELOHFHN]DPDQ
ND\ÔSODUÔQÔQ|QQHJHoPLùROX\RUX]
gUQHöLQRNXODEDùOD\DFDNoRFXöXQD]
GDROVDJ|UPHSUREOHPLYDUVDRNXPD\Ô
|öUHQPHVUHFLX]D\DELOLU%XUDKDWVÔ]OÔöÔ
IDUNHGLSGLOHJHWLUHQHNDGDUKHP]DPDQ
ND\EÔROXùXUKHPGHKDVWDOÔNLOHUOH\HELOLU9H\DHEHYH\QOHULQKHQ]IDUNHGHPHGLöLELUJHOLùLPER]XNOXNV|]NRQXVX
LVH|]HOHöLWLPDODELOHFHöLELURNXOYH\D
VÔQÔID\|QOHQGLULOHELOLU³ùHNOLQGHNRQXùWX
7XQo|]JURNXO|QFHVLVDöOÔNNRQWUROOHULQGHKHPoRFXNODUDKHPGHDLOHOHUH
RNXODEDùOD\ÔQFDNDUùÔODùPDVÔNOÔöÔDUWDQ
VROXQXP\ROXYHEDöÔUVDNHQIHNVL\RQODUÔQÔ|QOHPHNDPDFÔ\ODX\XOPDVÔJHUHNHQ
VDöOÔNNXUDOODUÔKDNNÔQGDELOJLOHQGLUPH
\DSÔOGÔöÔQÔYHVDöOÔNOÔEHVOHQPH|QHULOHULQGHGHEXOXQXOGXöXQXEHOLUWWL
6L]GHVRQJQOHUGHNLDQLKDYDGHöLùLPOHUL
QHGHQL\OHEDùDöUÔVÔQGDQùLND\HWoL\VHQL]
\DOQÔ]GHöLOVLQL]<HPHNFRP%Dù$öUÔODUÔQD
÷ODo*LEL*HOGLöLQL%LOPHGLöLQL]$öUÔ.HVLFL
<L\HFHNOLVWHVLLOHEXGHUGLPL]HOH]L]o|]POHUUHWWL.DUSX]GDQEDGHPHÔVSDQDNWDQ
VWHKHUJQNDUùÔODùWÔöÔPÔ]\L\HFHNOHU
ELOLQoOLWNHWLOGLöLQGHEDùDöUÔVÔQDGDGHUPDQ
ROX\RU
gQFHDùÔUÔVÔFDNODUDUGÔQGDQEROQHPOL
JQOHUª(YHWEL]LEXKDYDODUPDKYHWWLE|\OHKDYDGDEDùÔPÔ]DöUÔGÔ+DOE|\OHROXQFD
<HPHNFRP\L\HFHNOHULQEDùDöUÔODUÔQD
ID\GDVÔGRNXQXUPXGL\HPHUDNHWWLDUDùWÔUGÔ2UWD\D%Dù$öUÔODUÔQD÷ODo*LEL*HOGLöLQL
%LOPHGLöLQL]$öUÔ.HVLFL<L\HFHNOLVWHVL
oÔNWÔ<LQHVL]VL]ROXQNURQLNOHùPLùEDù
DöUÔQÔ]YH\DFLGGLELUUDKDWVÔ]OÔöÔQÔ]YDUVD
GRNWRUXQX]DGDQÔùPDGDQPXD\HQHROPDGDQVDGHFH\L\HFHNOHUGHQGHVWHNDOPD\ÔQ
.DUSX]JQHùHID]ODFDPDUX]NDOGÔ-
GDVXRODQJ|EHNPDUXOYHNÔYÔUFÔNPDUXOXQ
LoLQHVDODWDOÔNGDHNOH\HELOLUVLQL]%|\OHFH
NDUQÔQÔ]ÔGDKDILIELUùHNLOGHGR\XUDELOLUVLQL]
7DPWDKÔOOÔHNPHNNLùLQLQHQHUMLVLQL\HULQH
JHWLUHUHNEDùDöUÔVÔQGDQNXUWXOPDVÔQÔVDöOÔ\RU'L\HWQHGHQL\OHNDUERQKLGUDWODUÔKD\DWÔQÔ]GDQWDPDPHQoÔNDUGÔ\VDQÔ]ELUNHUH
GDKDGùQQ.DUERQKLGUDWHNVLNOLöLEDù
DöUÔVÔQDQHGHQRODELOLUDQFDNHOEHWWHEH\D]
HNPHN\HPHGHQGHWDPWDKÔOOÔVHoHQHNOHUOH
EXLKWL\DFÔQÔ]ÔHQVDöOÔNOÔùHNLOGHNDUùÔOD\DELOLUVLQL]
.DKYHGRöUXPLNWDUGDWNHWLOGLöLQGHEDù
DöUÔODUÔQÔKDILIOHWL\RU÷oLQGHNLNDIHLQGDPDUODUÔQDùÔUÔJHQLùOHPHVLQL|QOH\HUHNNDQÔPÔ]ÔQ
G]HQOLELUùHNLOGHDNÔùÔQÔVDöOÔ\RU'RöUX
PLNWDUJQGHELUILQFDQ<HPHNFRPµXQ|QHULVLLVH7UNNDKYHVL
,VSDQDNND\EHWWLöLPL]VX\X\HULQHNR\DUDNEDùDöUÔODUÔQÔKDILIOHWL\RU$\UÔFDWDQVL\RQXGDG]HQOH\HUHNG]HQVL]NDQDNÔùÔ
QHGHQL\OHROXùDELOHFHNEDùDöUÔODUÔQÔQ|QQH
JHoL\RU
öÔPÔ]GDYHYFXGXPX]LKWL\DFÔRODQVX\X
.DYXQLoLQGHNLSRWDV\XPVD\HVLQGHNDQ
\LWLUGLöLQGHKFUHOHULPL]HVXVDöOD\DUDNEDù DNÔùÔQÔG]HQOL\RU']HQOLNDQDNÔùÔEH\LQ
DöUÔODUÔQDHQJHOROX\RU
YHNDOSGDKLOLoRUJDQODUÔQUDKDWoDOÔùPDVÔQÔ
%RO\HùLOOLNOLVDODWDGDNDUSX]JLELVXND\EÔ VDöOÔ\RU+DOE|\OHROXQFDRUWDGDQHVWUHVQH
QHGHQL\OH\DùDQDQEDùDöUÔODUÔQDo|]P
GHX\NXVX]OXNNDOÔ\RU
ROX\RU6DODWDQÔ]Ô\DSDUNHQLoLQGHEROPLNWDU6XVDPLoLQGHEROFDEXOXQDQ(YLWDPLQL
VD\HVLQGHEDùDöUÔODUÔQDVRQYHUL\RU%DOOÔ
VXVDPOÔEDUODUJUDQRODODU\DSPDNoRNNROD\
+D]ÔUHGLSHYGH\DGDoDQWDQÔ]GDEXOXQGXUDELOLUVLQL]
3DWDWHVGHLoLQGHNL\RöXQSRWDV\XPVD\HVLQGHEDùDöUÔVÔQDL\LJHOHQOHUOLVWHVLQGH
.DQÔPÔ]ÔQG]HQOLDNPDVÔQÔVDöOD\DUDNVWUHV
YHX\NXVX]OXNJLELQHGHQOHUOHROXùDQEDù
DöUÔODUÔQDVRQYHUL\RU
%DGHPLVHLoLQGHNLPDJQH]\XPLOHNDQÔQ
DNÔùÔQÔG]HQOL\RUhVWHOLNPXWOXOXNKRUPRQXQXGDKDUHNHWHJHoLUL\RU+DOL\OHEDùDöUÔVÔ
EXKX]XUOXRUWDPGDGDKDID]ODGXUDPÔ\RUYH
VL]LWHUNHGL\RU
0X]SRWDV\XPNRQXVXQGDSDWDWHVOH\DUÔùDELOHFHNELU\L\HFHN$NùDPODUÔ\DWPDGDQ
VDDW|QFHELUEDUGDNVWOHELUOLNWH\L\HFHöLQL]PX]GLQJLQYHVWUHVVL]ELUX\NXVDöODUNHQEDùDöUÔVÔoHNHUNHQ\L\HFHöLQL]RUWDER\
ELUPX]GDNDQDNÔùÔQÔ]ÔG]HQOH\LSGDPDUOD-
UÔQÔ]ÔUDKDWODWDUDNVL]LDöUÔODUGDQNXUWDUDELOLU
6WGHEDùDöUÔVÔ\ODPFDGHOHGHVL]LQ
WDUDIÔQÔ]GDdQNYFXGXPX]DEROERO%YLWDPLQLVDöOÔ\RU%YLWDPLQLGHYFXWWDROXùDQ
\DUDODUGDQWXWXQGDVWUHVX\NXVX]OXNYHEDù
DöUÔVÔQDNDGDUSHNoRNVRUXQDLODoJLELJHOL\RU
RFXNODUGDLGUDUNDž®UPDQ®QELUžRNQHGHQLRODELOLU
dRFXNODUGDJ|UOHQLGUDUNDoÔUPD|]HOOLNOH
DQQHYHEDEDODULoLQ|QHPOLELUVÔQDYdRFXNODUGDLGUDUNDoÔUPDQÔQDOWÔQGDSHNoRNHWNHQ
ROGXöXQXYXUJXOD\DQ$QDGROX6DöOÔN0HUNH]L
dRFXN1HIURORMLVL8]PDQÔ'Ro'U1HùH.DUDDVODQ%Ô\ÔNOÔ²8\DQPDJoOöJHFHGùN
PHVDQHLGUDUWRUEDVÔNDSDVLWHVLJHFHLGUDU
UHWLPLQLQDUWPDVÔYHJHQHWLNHöLOLPEXGXUXPX
RUWD\DoÔNDUDELOL\RU8\NXER]XNOXöXKLSHUDNWLYLWHGLNNDWHNVLNOLöLHSLOHSVLRNXODLOHVRUXQODUÔ
JLELGXUXPODUGDLGUDUNDoÔUPDVRUXQXQDQHGHQ
RODELOPHNWHGLU\DùÔQÔWDPDPODPÔùELUoRFXN
KDIWDGDµGHQID]ODLGUDUNDoÔUÔ\RUVDPXWODND
KHNLPHEDùYXUXOPDOÔGÔU³GHGL
%Hù\DùÔQGDQE\NELUoRFXNGRöXPVDO\D
GDoD\GDQX]XQVUHKDIWDGDHQD]LNLNH]
X\NXGD\NHQLGUDUNDoÔUÔ\RUVD²HQUH]LV³YDUOÔöÔQGDQV|]HGLOHELOHFHöLQLDQODWDQ$QDGROX
6DöOÔN0HUNH]LdRFXN1HIURORMLVL8]PDQÔ'Ro
'U1HùH.DUDDVODQ%Ô\ÔNOÔ²%XVRUXQoRFXNODUÔQJQG]\DGDJHFH\DWDöÔQÔHOELVHOHULQL
LVWHPVL]RODUDNÔVODWPDVÔùHNOLQGHNDUùÔPÔ]D
oÔNDU6DGHFHX\NXGDLGUDUNDoÔUPDHQUH]LV
IL]LNPXD\HQHYHODERUDWXYDUGHöHUOHQGLUPHOHUL
PRQRVHPSWRPDWLNLOHVÔNÔùPDGDPODWPDVÔN
VRQUDVÔDOWWD\DWDQRUJDQLNELUKDVWDOÔNVDSWDQ\DGDVH\UHNLGUDU\DSPDLGUDUWXWPDPDQHYUDPD]VDDLOH\DSÔVÔYHoRFXöXQROD\GDQHWNLODUÔNHVLNNHVLNLùHPHJLELGXUXPODUÔQHùOLNHWWLöL OHQPHGHUHFHVLQHJ|UH\ÔOJ|]OHPYHGHVWHN
LGUDUNDoÔUPDSROLVHPSWRPDWLNHQUH]LVROPDN WHGDYL\OHL]OHP\DSÔODELOGLöLQLDNWDUDQ$QDGROX
]HUHLNLWUOGU³DoÔNODPDVÔQGDEXOXQGX÷GUDU 6DöOÔN0HUNH]LdRFXN1HIURORMLVL8]PDQÔ'Ro
NDoÔUPDQÔQED]HQEDùNDVDöOÔNVRUXQODUÔQÔQ
'U1HùH.DUDDVODQ%Ô\ÔNOÔ²$QFDNLONRNXODEDùKDEHUFLVLRODELOHFHöLQLV|\OH\HQ'Ro'U1HùH
ODPDG|QHPLRODQ\DùGDKDHWNLQELUWHGD.DUDDVODQ%Ô\ÔNOÔ²g]HOOLNOHLGUDU\ROXHQIHNVLYLQLQVHoLOPHVLDoÔVÔQGDQ|QHPOLGLU$OWWD\DWDQ
\RQXLGUDUWRUEDVÔQÔQKDVWDOÔNODUԁULQHUVLVWHRUJDQLNELUKDVWDOÔöÔQROXSROPDGÔöÔQÔQGHöHUPLQ\DSÔVDOER]XNOXNODUÔLGUDUNRQVDQWUDV\RQ
OHQGLULOPHVLLoLQODERUDWXYDULQFHOHPHOHULYH
ER]XNOXNODUÔE|EUHN\HWHUVL]OLöLNDEÔ]OÔN\DGD
ULQHUVLVWHPXOWUDVRQRJUDILVLLVWHQHELOLU%D]HQ
GL\DEHWEXQODUDUDVÔQGDGÔU³GHGL
oRFXNODUX\JXODQDFDNWHGDYL\|QWHPLQGHQNRU68d/$<,&,'$95$10$<,1
NDELOLU%XQRNWDGDDLOHQLQGHWHGDYL\HNDWÔOÔPÔ
7PWHGDYLVUHFLER\XQFDDLOHQLQoRFXöD
WHGDYLQLQEDùDUÔVÔLoLQoRN|QHPOLGLU0XD\HQH
GHVWHNROPDVÔQÔQNULWLNELU|QHPHVDKLSROGXöXVÔUDVÔQGDoRFXNODGRöUXLOHWLùLPNXUPDNGLNNDW
QXEHOLUWHQ$QDGROX6DöOÔN0HUNH]LdRFXN1HIHWPHVLJHUHNHQGXUXPODUÔRQXQODSD\ODùPDN
URORMLVL8]PDQÔ'Ro'U1HùH.DUDDVODQ%Ô\ÔNOÔ ]RUODQGÔöÔDODQODUGDRQD\ROJ|VWHUPHNWHGDYL²dRFXöXQEXVRUXQXVDGHFHNHQGLVLQHDLWPLù
QLQVRQXoODUÔQDGDROXPOX\DQVÔU³GHGL
JLELDOJÔODPDPDVÔLoLQ|]HQOLKDUHNHWHWPHOL
7('$9÷1÷1%$ø$5,25$1,<h='(
WHGDYLVÔUDVÔQGDRUWD\DoÔNDELOHFHNGXUXPODUGD
$QDGROX6DöOÔN0HUNH]LdRFXN1HIURORMLVL
VXoOD\ÔFÔYHFH]DODQGÔUÔFÔGDYUDQÔùODUGDQNDoÔ8]PDQÔ'Ro'U1HùH.DUDDVODQ%Ô\ÔNOÔV|]QÔOPDOÔ$NVL\|QGHNLKHUGDYUDQÔùÔQoRFXNWD
OHULQLù|\OHVUGUG²7HGDYLQLQEDùDUÔRUDQÔ
|]JYHQND\EÔGDYUDQÔùER]XNOXöXYHDQNVL\HPRQRVHPSWRPDWLNHQUH]LVWUQGHGDYUDQÔù
WHJLELVRUXQODUD\RODoDELOHFHöLXQXWXOPDPDOÔ³
WHGDYLVLYHDODUPWHGDYLVLLOH\]GHµODUÔQ]HDoÔNODPDVÔQGDEXOXQGX
ULQGHGLU7HGDYLVRQUDVÔVRUXQXQWHNUDUJ|UOPH
÷/.2.8/$%$ø/$0$'g1(0÷(7.÷17(RODVÔOÔöÔGDGùNWU\]GH÷ODoNXOOD'$9÷÷d÷1g1(0/÷
QÔPÔQGDLVHEDùDUÔRUDQÔ\]GHDUDVÔQGD
÷GUDUNDoÔUPDVRUXQXQGDoRFXNODUGDD\UÔQWÔOÔ GHöLùPHNWHROXSWHGDYLVRQUDVÔWHNUDUJ|UOPH
[email protected]
RODVÔOÔöÔ\NVHNWLU³
%(6/(10(<('÷..$7
dRFXNODUÔQEHVOHQPHùHNLOOHULGHEXUDKDWVÔ]OÔöÔWHWLNOH\HELOLU6ÔYÔDOÔPÔQÔQG]HQOHQPHVL
JD]OÔYHNDIHLQOLLoHFHNOHUGHQX]DNGXUXOPDVÔ
|]HOOLNOHDNùDP\HPHöLQGHQVRQUDPH\YHNXUX\HPLùùHNHUOLYHWX]OXEHVLQOHULOHLoHFHNOHULQ
NÔVÔWODQPDVÔ|QHPOLGLUdRFXöXQX]LoLQDùDöÔGDNL|QHULOHULGLNNDWHDOPD\ÔLKPDOHWPH\LQ
<$70$'$16$$7g1&(6,9,$/,0,1,
.,6,7/$<,1
<DWDN|QFHVLWXYDOHW]L\DUHWL\DSWÔUÔQ
8\XGXNWDQVDDWVRQUDWXYDOHWNXOODQÔPÔLoLQX\DQGÔUÔQ
*QG]VÔYÔDOÔPÔQÔDUWÔUÔQ
*QG]VDDWDUD\ODLùHPHVLQLVDöOD\ÔQ
$NùDP\HPHöLQGHVXVDPDVÔQÔWHWLNOH\HFHN
WX]OXYHDùÔUÔEDKDUDWOÔJÔGDODUGDQNDoÔQÔQ
÷GUDUV|NWUFHWNLVLRODELOHQKD]ÔULoHFHNOHUL
HYHDOPD\ÔQ
÷'($/789$/(7(õ÷7÷0÷÷d÷1ª
\DùDUDOÔöÔQÔQLGHDO]DPDQROGXöXQXXQXWPD\ÔQ
.DWÔWXYDOHWHöLWLPLQGHQNDoÔQÔQ
(öLWLPVUHVLQFHDLOHRODUDNGHVWHNOH\LFL
GDYUDQÔQ
*HFHYHJQG]HöLWLPLQHD\QÔ]DPDQGD
EDùOD\ÔQ
)XWEROG«Q\DV®Q®Q
«QO«NDUGH°OHUL
)XWEROGQ\DQÔQHQPHùKXUNDUGHùOHULQLEX
NH]VSRUQRYDQHWVLWHVLYDVÔWDVÔ\ODJQGHPLPL]HDOGÔN÷OJLQL]LoHNHELOHFHNEXDUDùWÔUPDGD
NDUùÔPÔ]DNLPOHULQLVLPOHULQLQoÔNWÔöÔQDEDNWÔöÔPÔ]GDDö]ÔPÔ]ELUNDUÔùNDOGÔ÷ùWHIXWERO
GQ\DPÔ]ÔQNDUGHùOHULª
%2$7(1*.$5'(ø/(5
-HUPRHYH.HYLQ3ULQFH%RDWHQJELU$YUXSD
J|oPHQLQRöOXRODUDN%HUOLQµGHE\G+HU
LNLVLGH+HUWKD%HUOLQµGHIXWERODEDùODGÔ.HYLQ
3ULQFH%RDWHQJRIDQVLIRUWDVDKDPHYNLVLQGH
R\QD\DQ*DQDOÔIXWEROFX6HULH$HNLSOHULQGHQ
0LODQ
GDIRUPDJL\PHNWHGLU.DUGHùL-HURPH
%RDWHQJLVH%D\HUQ0QLKµWHKDULNDODU\DUDWPD\DGHYDPHGL\RU
32*%$.$5'(ø/(5
0XKWHùHPoOGHGHQLOHQ3RJEDNDUGHùOHUGHQHQNoö3DXO)UDQVDµGDGRöGX-XYHQWXVNDUL\HULQLQDUGÔQGDQ0DQFKHVWHU8QLWHGµD
WUDQVIHUROGX.DUGHùOHULQGHQ0DWKLDV3RJED
LVH*LQH.RQDNULGRöXPOXøXDQGD3DUWULFN
7KLVWOHµGHR\QX\RU)ORUHQWLQ3RJEDGD*LQH
GRöXPOX2GDGLöHUNDUGHùOHULJLELIXWEROFX
ROGXøXDQGD)UDQVDµQÔQ6DLQW(WLHQQHWDNÔPÔQGDR\QX\RU)ORUHQWLQµLQWHNIDUNÔGLöHU
NDUGHùOHULJLELIRUYHWGHöLOGHIDQVR\XQFXVX
ROPDVÔ
68$5(=.$5'(ø/(5
/XLV6XDUH]µLKHUNHVoRNL\LELOLUDPD
PXKWHPHOHQNDUGHùL3DRODµ\ÔNLPVHWDQÔPÔ\RUGXU/XLV6XDUH]WDUWÔùPDVÔ]GQ\DQÔQHQ
L\LIRUYHWOHULQGHQELULGLU2QXQE\NNDUGHùL
RODQ\DùÔQGDNL3DROD6XDUH]LVH8UXJXD\
0RQWHYLGHRµGDGRöGXøXDQR\QDGÔöÔWDNÔP
*XDWHPDOD8OXVDO/LJLµQGHEXOXQDQ&RPXQLFDFLRQHV
15
24 SAAT / SPOR
$õ867263$=$57(6÷
7h5.ø<(¶1ø1$57,.
%$<$1-2.(<ø'(9$5
Bulgaristan’da bir Türk
N|\QGHGR÷XSE\\HQ
en büyük tutkusu atlar
LOHKHSGRVWRODQ=OIL\H
%XOXW|\NVQDQODW
WÕ\ÕOMRNH\OLN\DSDQ
7UNL\H¶QLQLONNDGÕQ
MRNH\LVRQ\ÕOGÕUDQWUH
Q|UONYHLGPDQMRNH\OL
÷LJ|UHYLQGHEXOXQX\RU
$WDELQGL÷LQGHNLKH\HFD
QÕLVHLONJQNJLELWD]H
(UNHNOHULQHJHPHQELUDODQGD\ÔOODUGÔU
YDUROPDoDEDVÔYHUHQYHELUoRNNH]
ND]DQGÔöÔEDùDUÔODUODNOLùHOHUL\HUOHELU
HGHQELUED\DQGDQEDKVHGL\RUXPVL]H
.DUùÔODùWÔöÔ]RUOXNODUDJ|öVJHULS\HUL
JHOGLöLQGHLQDQGÔöÔYHVHYGLöLLùLXöUXQD
HùLQH²$WODUODDUDPDJLUHFHNVHQHYOHQPH\HOLP³GL\HELOHQDWVHYGDOÔVÔNRFD
\UHNOLELUED\DQ+HPMRNH\KHPELU
DQQHKHPGHNHQGLNÔ\DIHWLQLEDUHWLQL
GLNHQELUWHU]L'HIDODUFDSHVHWWLULOPH\H
oDOÔùÔOVDGDVDKLSROGXöXDWVHYJLVL\OH
KHUùH\HGXUGL\HELOHQD]PL\OH|UQHN
RODELOHFHNELUVHPERO7UNDWoÔOÔNFDPLDVÔQGDGLùL\OHWÔUQDöÔ\ODNHQGLQH\HU
HGLQPLùHUNHNOHUOHELUOLNWH\DUÔùODUGD\HU
DODQ7UNL\HµQLQLONNDGÔQMRNH\L=OIL\H
%XOXW
²=OIL\H.DUDEXWµXWDQÔ\DELOLU
PL\L]³GL\HVRUGXöXPX]GDùXFHYDEÔ
YHUGL
²\ÔOÔQGD%XOJDULVWDQµGDGRöGXP
0HVOHNOLVHVLGLNLùE|OPQGHQPH]XQX\XP\DùÔQGDKRELRODUDNDWELQPH\H
EDùODGÔP\DùÔQGDN|\\DUÔùODUÔQD
NDWÔOGÔPYH\ÔOÔQGD7UNL\HµGHOLVDQVÔPÔDOGÔNWDQVRQUD.DVÔPGD
LON\DUÔùÔPDoÔNWÔP+RELRODUDNELQGLöLP
DWODUVD\HVLQGHPHVOHNRODUDNGHYDP
HWWL%XWDPDPHQDWVHYJLVLQHGD\DQDQ
ELUWXWNX\ÔOER\XQFDMRNH\OLN\DSWÔP
YHVRQELU\ÔOGÔUDQWUHQ|UONYHLGPDQ
MRNH\OLöL\DSÔ\RUXP6DEDKLGPDQGD
DWODUÔPÔoDOÔùWÔUÔ\RUXP)DNDWDQWUHQ|U
ROGXöXPGDQGROD\Ô\DUÔùELQPL\RUXP
%LUEXoXN\ÔOGÔUDQWUHQ|UON\DSÔ\RUXP³
<DSWÔöÔQÔ]LùLWXWNXRODUDNWDQÔPOÔ\RUVXQX]LONQDVÔOEDùODGÔQÔ]YHEDùODGÔöÔQÔ]DWÔQÔ]ÔKDWÔUOÔ\RUPXVXQX]"
²%L]LPN|\GHWDUÔPGDNXOODQGÔöÔPÔ]
GHGHPLQDWODUÔYDUGÔ%HQGHVUHNOLRDWODUÔL]OHUGLPRQODUODXöUDùÔUGÔP2DWODUÔQ
EDNÔùÔ\HOHVLNX\UXöXVDoÔ\U\ù
oRNGLNNDWLPLoHNWL%LUJQEDEDPDDWD
ELQPHNLVWHGLöLPLV|\OHGLP'DKDGQ
JLELKDWÔUOÔ\RUXP\DùÔQGD\GÔPEDEDP
EHQL\ROGDJH]GLUL\RUGX%LQGLöLPGHR
NDGDUKDULNDELUGX\JXKLVVHWPLùWLPNLùX
DQDQODWÔ\RUXPGDVDQNLRDQÔ\HQLGHQ
\DùÔ\RUXP+HUùH\L\XNDUÔGDQVH\UHWPHNWR]SHPEHoRNJ]HOELUùH\GL+DQL
DQODWÔOPD]\DùDQÔUGHUOHU\DFLGGHQ|\OH
2]DPDQNDUDUYHUGLPDWODUODLOJLOHQHFHöLPH
%LUJQN|\QPH\GDQÔQGD\DUÔùRODFDöÔQDGDLUELUDILùJ|UGP2]DPDQODU
\DUÔùODUoRND]ROXUGX7XWWXUGXPEHQGH
NDWÔODFDöÔPGL\HYH\DùÔQGDEDEDPÔQ
EHQLPLoLQDOGÔöÔ²'DUOLQJ³LVLPOL÷QJLOL]
\DUÔùDWÔLOH\DUÔùELQGLP2QXKDODU\DODUÔPGDJ|U\RUoRöX]DPDQÔPÔRQXQOD
JHoLUL\RUGXP%LUDUNDGDùELUGRVWJLEL\GLN%HQRQXQODNRQXùXUGXPRGDEDQD
NDIDVDOOD\DUDNFHYDSYHULUGL%DEDPD
NDUùÔoRNWHUVWLNDSÔGDEDEDPÔJ|UGö
DQVDOGÔUÔUGÔ$PDEDQDKLoELUùH\\DSPD]GÔ2QD\HPYHUPHNWÔPDUÔQÔ\DSPDNJH]LQWLVLYHLGPDQÔKHUùH\EDQD
DLWWLdRNPXWOX\GXP2QXKLoELU]DPDQ
XQXWPD\DFDöÔP%XOJDULVWDQµGD'DUOLQJ
GHQLOGLöLQGH=OIL\H=OIL\HGHQLOGLöLQGH
'DUOLQJDNODJHOLUGL2]DPDQODUKDIWDGD
\DUÔùROXUGXg]HOOLNOHEHQLGDYHW
HGL\RUODUGÔ%L]LPN|\P]HJHOGL\H
dQNEHQQHUH\HJLGHUVHPVH\LUFL
RUD\DJHOLUGL2UDQÔQKDONÔQÔQGHVWHöL
EDQDLQDQÔOPD]GÔøLPGLEDNÔ\RUXPGD
NoFNELUNÔ]QHOHUEDùDUPÔù÷QVDQ
JHUoHNWHQGX\JXODQÔ\RU³
<$5,ø$.$7,/',
øLPGL\HNDGDUNDo\DUÔùDNDWÔOGÔQÔ]YHNDoGHUHFHHOGHHWWLQL]"
²<DNODùÔNWDQH\DUÔùELQGLP
ELULQFLOLöLPYDU³
(UNHNOHULQHJHPHQOLöLDOWÔQGD
RODQEXDODQGDELUED\DQRODUDNQHWU
]RUOXNODUODNDUùÔODùWÔQÔ]"
²6L]LQGHEHOLUWWLöLQL]JLELHUNHN
HJHPHQELUFDPLDGDoDOÔùÔ\RUXP%D\DQ
ROPDQÔQYHUGLöL]RUOXNODUYDUWDELNL
gUQHöLQKHUKLSRGURPGDJLGLSDWoDOÔùWÔUPDP%D]ÔKLSRGURPODUGDVDGHFHHUNHN
MRNH\RGDODUÔYDU&DPLDVRQ]DPDQODUGD
DWoÔOÔNRNXOODUÔQÔQDoÔOPDVÔLOHEHUDEHU
ELUD]GDKDED\DQODUDNDUùÔROXPOXWXWXP
LoHULVLQHJLUGLOHU%HQEXFDPLDGDELULONL
EDùDUPÔùELUED\DQÔP%D\DQVH\LUFLQLQ
ELOHROPDGÔöÔG|QHPOHUGHSURIHV\RQHO
DQODPGDOLVDQVOÔ\DUÔùELQHQLONKDQÔPÔP<ÔOODUFDHUNHNOHUPHVOHNWDùODUÔPOD
\DUÔùELQGLP(UNHNOHUDUDVÔQGDWXWXQPDNoRN]RUDPDEDQDGHVWHNRODQEDEDPYHDLOHPEX]RUOXNODUÔDùPDPD\DUGÔPFÔROGXODU%HQLPLVWHöLPVDGHFHoRN
VHYGLöLPDWODUODoDOÔùÔS\DUÔùELQPHNWL
÷ONEDùWDoRN\DGÔUJDQGÔED\DQMRNH\
PLROXUPXùGL\H$PD]DPDQODKHUNHV
EXQXNDEXOOHQGL%HQGHQVRQUDJHOHQ
EDùNDDUNDGDùODUÔPÔ]GDROGXdDOÔùPD
RUWDPÔQGDEDQDELUED\DQJ|]\OHGHöLO
GHELUPHVOHNWDùJ|]\OHEDNPDODUÔQÔLVWHGLP$WVDKLEL´µ%HQDWÔPDHUNHNMRNH\
ELQGLUHFHöLP´µGH\LQFHED\DQROPDQÔQ
H]LNOLöLQL\DùDGÔPKHU]DPDQ
-RNH\ROPDNLoLQVL]FHQHJHUHNOLGLU"1DVÔOELUPHVOHN-RNH\OLN"
²-RNH\ROPDNLoLQ|QFHOLNOHER\YH
NLORoRN|QHPOLGLU.LOR\DGLNNDWHWPHN
YHoRNJoOROPDNOD]ÔP$\QÔ]DPDQGD
X\XGXöXQX\NXVRV\DOKD\DWDGLNNDWHWPHNOD]ÔP%DùDUÔOÔROPDNLoLQHQ|QHPOL
NULWHUOHUEXQODU-RNH\OLNWHWDWLO\RNWXU
VUHNOLoDOÔùPDNYDU%L]DoÔNKDYDGDoDOÔùÔUÔ]\DöPXUoDPXUVRöXNVÔFDNIDUN
HWPH]0HVOHöLPL]oRNWHKOLNHOLVDEDK
LGPDQYH\D\DUÔùWDKHU]DPDQGùPH
ULVNLQL\DùÔ\RUX]%D]ÔVDNDWOÔNODUNDOÔFÔ
RODELOL\RUPDDOHVHI$WHöLWPHNNROD\
ELUùH\GHöLO%HQDWODUÔNoNoRFXNODUD
EHQ]HWLULPHQHUMLGROXYH\DUDPD]OÔN
SHùLQGHOHU6HYJL\HVHYJL\OHLQDWODùÔQFD
D\QÔùHNLOGHFHYDSYHULUOHU-RNH\RODQ
ELUNLùLGHFHVDUHWROPDOÔ'LöHUNULWHUOHU
ROXSGDFHVDUHW\RNVDEDùDUÔVÔ]ROXU
dQNEL]LNLFDQOÔELUDUDGDVSRU\DSÔ\RUX]X\XPoRN|QHPOL$W]HULQGHNLQLQ
GX\JXODUÔQÔKHPHQDQODUoRNDNÔOOÔODU
%HQKHU]DPDQNRQXùXUXPDWÔPODRQD
FHVDUHWYHULULPJHUHNWLöLQGH|GOOHQGLULULP6DEÔUOÔGDYUDQÔUÔPDWÔPDHUNHN
PHVOHNWDùODUÔPEHQLPNDGDUVDEÔUOÔGHöLOOHU2\]GHQEHQLPoDOÔùWÔUGÔöÔPDWODU
GDKDX\VDOROXU³
+HUVSRUFXLoLQGHVWHNoRN
|QHPOLGLU$LOHQL]LQYHoHYUHQL]LQVL]H
WXWXPXQDVÔO"
²%HQEXPHVOHöHDLOHPLQoRNE\N
GHVWHöLLOHEDùODGÔP<ÔOODUFDEDEDPOD
oDOÔùWÔPRHPHNOLRODQDNDGDU'ÔùDUÔGDQ
DOGÔöÔPWHSNLOHULONEDùWDoRNROXPVX]
ROVDGD]DPDQODKHUNHVEXQXNDEXOOHQGL%HQLJHUoHNWHQVHYHUHNYHEHQLP
EDùDUPDPÔLVWH\HQ\DUÔùVHYHUOHUGH
YDU\DUÔùÔPÔWHOHYL]\RQGDQL]OHPHNLoLQ
\HPHöLQLDWHùWHXQXWDQHYKDQÔPODUÔGD
YDU%XQODUEDQDoRNE\NPRUDOROGX
KHU]DPDQ%HQKD\DWÔPÔEDùNDODUÔQD
J|UH\DùD\DPDPKHUNHVLQGùQFHVL
NHQGLQHVD\JÔGX\DUÔP+HUNHVVHYHUHN
YHJHUoHNWHQoDOÔùÔUNHQPXWOXRODELOHFHöLELUPHVOHNWHoDOÔùPDOÔ%HQE|\OH
\DSWÔPKD\DWÔPGDKHUùH\DWODUD\DNÔQ
RODELOHFHöLPùHNLOGHKDUHNHWHWWLP³
øXDQDQWUHQ|URODUDNKLSRGURPGDVÔQÔ]1DVÔOELUoDOÔùPDWHPSRQX]
YDUEXQGDQPHPQXQPXVXQX]"
²\ÔO-RNH\RODUDNoDOÔùÔS\DUÔù
ELQGLP+HUVDEDKµWHX\DQÔSµGD
+LSRGURPµGDROX\RUXP+HPDQWUHQ|U
KHPGHLGPDQMRNH\OLöL\DSÔ\RUXP
$WODUÔQJDORSODUÔQÔ\DSWÔUÔ\RUXP%LU
ED\DQLoLQoRN]RUYH\RUXFXELUPHVOHNROPDVÔQDUDöPHQDWVHYJLVLEXQXQ
VWHVLQGHQJHOL\RU(öHUHUNHNROVD\GÔP
GDKDE\NEDùDUÔODUHOGHHGHUGLPDPD
ED\DQROGXöXPLoLQHUNHNOHUDUDVÔQGD
SHNùDQVEXODPDGÔPdQNEHQKHU
]DPDQD]LPOHoRNoDOÔùWÔP%XVHQH
$QWUHQ|URODUDNoDOÔùÔ\RUXPEXQGDQGD
PHPQXQXP+HUVSRUGDOÔQGDROGXöX
JLELGHYDPÔDQWUHQ|UONROXU%HQLPLoLQ
|QHPOLRODQDWODUODoDOÔùPDNWÔUEXQGDQ
GDPHPQXQXP³
$WODUDRODQWXWNXQX]XKHUIÔUVDWWD
GLOHJHWLUL\RUVXQX]$WODUODLOHWLùLPLQL]
QDVÔO"
²$WELQPHNEHQLPLoLQVWUHVDWPDN
GHPHNDWÔPODVUHNOLNRQXùXUXPRQXQODLOHWLùLPNXUDUÔP%D]HQRQODUDùHNHU
YHKDYXoYHUHUHNED]HQGHVHVLPLGX\XUXSRQODUDGRNXQDUDNVHYJLPLYHUHUHN
RQODUODLOHWLùLPLPLVDöOÔ\RUXP.RùWXUPDNVRQKÔ]OD\DUÔùPDNYHND]DQPDN
KDULNDELUGX\JX(UNHNPHVOHNWDùODUÔPÔ
JHoPHNRQODUÔELUD]FÔNNÔ]GÔUVDGDJHOLS
EHQLWHEULNHGL\RUODU&HVDUHWLPGHQYH
EDùDUÔPGDQGROD\ÔEHQLNXWOX\RUODU³
6L]LQLoLQ|QHPOLXQXWDPDGÔöÔQÔ]
\DUÔùODUYHEDöNXUGXöXQX]DWODUÔQÔ]
YDUPÔ"
².D]DQGÔöÔPKHU\DUÔùGQJLEL
DNOÔPGDGÔUKHSVLoRN|QHPOLGLUEHQLP
LoLQ)DNDWMRNH\OLNPHVOHöLPHX]XQ
ELUVUHDUDYHUGLNWHQVRQUDELQGLöLP
LON\DUÔùROGXöXLoLQYH\DUÔùWDQJQ
|QFHD\DöÔPVDNDWODQPÔùWÔ2DöUÔ\OD
YHVDGHFHEXUXQIDUNÔ\ODHUNHNPHVOHNWDùODUÔPÔJHoPH\HEDùDUPÔùWÔP$W
VDKLEL5HPD]DQ.D\Dµ\DFDQÔJ|QOGHQWHùHNNUHGL\RUXP\ÔOGDQVRQUD
ELQGLöLPLON\DUÔùÔND]DQPÔùWÔPRDQNL
PXWOXOXöXPXVL]HDQODWDPDP=H\QHN
LVLPOLWD\ÔoLIWOLNWHNHQGLPKD]ÔUOD\ÔS\ÔOÔQ
LONWD\\DUÔùÔQÔND]DQPÔùWÔP'RöXPGDQ
VDGHFHD\VRQUDELQGLöLPLON\DUÔù
NÔ]ÔPLoLQRUGD\GÔP%R]ND\DLVLPOLDWOD
ND]DQGÔöÔP\DUÔùÔXQXWPX\RUXP³
+LoND]DJHoLUGLQL]PL"
².|WDQÔODUÔPGDJHoLUGLöLPND]DODU
LGPDQGDYH\DUÔùWD$WODELUOLNWHGHYULOGLP
\DUÔùVRQPHWUHVLQGH÷]OHULEHQGH
VDNOÔ$OODKEHWHULQGHQVDNODVÔQdRN
]OGöPELU\DUÔùWÔ&HPUHND\DLVLPOL
DWDDWÔQKX\VX]ROGXöXQXYHVWDUWLoLQGH
ùDKODQDUDNVRUXQ\DUDWWÔöÔQÔELOHUHNELQGLP$QWUHQ|UVRQVWDUWDOPD\ÔXQXWXQFD
HUNHQVWDUWDJLUPHN]RUXQGDNDOGÔP
6WDUWJ|UHYOLVLDWÔNXODöÔQGDQWXWPDVÔQD
UDöPHQDWVUHNOLùDKODQÔ\RUGX$\DöÔPGDNL]DKPDODUoÔNPÔùWÔYHVWDUWLoLQKD]ÔU
ROPDGÔöÔPKDOGHVWDUWYHULOGL2DQGD
GùPHGLPYHJUXEXQ|QQGHDWÔQ]HULQGHRWXUDUDNYH]DKPDVÔ]ELUùHNLOGH
NRùX\RUGXN2DQIDUNHWWLPNLVWDUWoÔQÔQ
WXWWXöXNXODöÔQGDNLNXODNOÔNYHEDùOÔN
oÔNPÔù%XGDDWÔQJ|]QNDSDWÔ\RUYH
oRNE\NND]D\DVHEHSRODFDNdRN
ùDQVOÔ\GÔPNLKDILIELUùHNLOGHGùWP
.D]DQDELOHFHöLPELU\DUÔùWÔ\DQOÔùVWDUW
EHQLGùUG%\NELUMRNH\LQEDùÔQD
JHOVH\GLD\QÔROD\\ÔOODUFDNRQXùXOXUGXWHNWHVHOOLPKDILIVÔ\UÔNODUODND]D\Ô
DWODWPDPGÔU³
ǴŎƼÞɴŸŘĶȖĨÌs_s¯ĶsɴsŘōȖNjǼƼǵ˅ŘĂŘ
ÌsŘǼEŸĶ_ĨÞɴsŘÞ˄ōsĶsĨĶsNjÞ˅¶sŘYŎÞĶĶÞĶsNj
$/&$17$5$.$5'(ø/(5
7KLDJRYH5DILQKDNDUGHùOHUIXWEROD
÷VSDQ\DµGDEDùODGÔ÷NLVLGHE\NVD\JÔQOÔöD
VDKLSE\NNXOSOHUGHIXWEROR\QDPDNWDGÔU
7KLDJR$OFDQWDUDùXDQGD%D\HUQ0QLKIRUPDVÔJL\L\RU.DUGHùL5DILQKDLVHGQ\DQÔQHQE\NNXOSOHULQGHQ%DUFHORQDµGDR\QX\RU÷NLVL
GH%UH]LO\DPLOOLWDNÔPÔQÔQ|QHPOLLVLPOHULQGHQ
ǼÞĶ
GÜVENÇ
UDNLELPL]LQROGXöXQXXQXWPDPDPÔ]
OD]ÔP$PD0XUDWSDùD%HOHGL\HVSRU
GD$YUXSDWHFUEHVLRODQELUWDNÔP
7DNÔPÔPÔ]D\HQLNDWÔODQJHQoR\XQFXODUÔPÔ]LVWHGLöLPL]SHUIRUPDQVÔJ|VWHULUVH
EXWXUXJHoHFHöLPL]HLQDQÔ\RUXP³GL\H
NRQXùWX
ǼǼÞĶ¶ȖɚsŘO˔¶ŎÞĶʳOŸŎ
÷VWDQEXO6DDWøDPSL\RQOXN
KHGHIOH\HQ0XUDWSDùD%HOHGL\HVSRU
%D\DQ+HQWEROWDNÔPÔ(\OOµGHEDùOD\DFDN%D\DQODU6SHU/LJL|QFHVLQLNDGURVXQX*HQo0LOOL7DNÔPµÔQ
R\XQFXVX\ODJoOHQGLUGL$QWUHQ|U%LURO
hQVDO²%LUoRNWDNÔP\NVHNPDOL\HWOHUOH
\DEDQFÔR\XQFXWUDQVIHUHWWL%L]EXQODUÔQGÔùÔQGDNDODUDNJHQoYHEDùDUÔOÔ7UN
VSRUFXODUÔPÔ]ÔWUDQVIHUHWWLN³GHGL
$9583$.83$/$5,1'$.÷5$.÷3/(5÷0÷=9(0$d*h1/(5÷
0÷//÷7$.,0,1<,/',=/$5,
;+$.$.$5'(ø/(5
÷NLNDUGHùIXWEROD&RFRUGLD%DVHOWDNÔPÔQGD
EDùODGÔ;KDNDNDUGHùOHU\ÔOÔQGD%DVHOµH
WUDQVIHUROGX%LUL$UQDYXWGLöHULLVH÷VYLoUH
0LOOLWDNÔPÔQÔWHUFLKHWWLYHJHoWLöLPL]D\ODUGD
ELUELUOHULQHNDUùÔPFDGHOHHWWL*UDQLW;KDND
ùXDQGD$UVHQDOµGDIRUPDJL\HUNHQNDUGHùL
7DXODQW;KDNDLVH*UDVVKRSSHUVWDNÔPÔQGD
R\QX\RU
%D\DQODU+HQWERO6SHU/LJLµQL
JHoHQVH]RQµQFLRODUDNWDPDPOD\DQ
0XUDWSDùD%HOHGL\HVSRU\HQLVH]RQ
|QFHVLWUDQVIHUG|QHPLQGHNDGURVXQX
JHQoR\XQFXODUODJoOHQGLUGL3DùDµQÔQ
0HOHNOHULGÔùWUDQVIHUGH%D\DQODU*HQo
0LOOL+HQWERO7DNÔPÔµQGDGDJ|UHY\DSDQ
$QNDUD.XOER\XQFXODUÔ(OLI<DUHQ8]XQ%HUILQ<D\OÔ'|QHJO%R]GRöDQ&DQVX$NDOÔQ6HOHQ$NDOÔQ(FHP
%LUEHQ0HOLV.ÔOÔoYH6HYJL.DO\RQFXRöOXLOHµHU\ÔOOÔNV|]OHùPHLP]DODGÔ
7h5.6325&8/$5$*h9(1
7UDQVIHUOHULGHöHUOHQGLUHQ0XUDWSDùD%HOHGL\HVSRUDQWUHQ|U%LUROhQVDO
GLöHU6SHU/LJWDNÔPODUÔQGDQIDUNOÔ
ELUSROLWLNDL]OHGLNOHULQLEHOLUWHUHN²0LOOL
7DNÔPGDJ|UHYDODQR\XQFXODUÔWUDQVIHUHGHUHNWDNÔPÔPÔ]ÔJoOHQGLUL\RUX]
/LJLPL]GHHQD]\DEDQFÔR\XQFX\D
VDKLSWDNÔPÔ]%LUoRNWDNÔP\NVHN
PDOL\HWOHUOH\DEDQFÔR\XQFXWUDQVIHU
HWWL%L]EXQODUÔQGÔùÔQGDNDODUDNJHQo
YHEDùDUÔOÔ7UNVSRUFXODUÔPÔ]ÔWUDQVIHU
HWWLN³GL\HNRQXùWX
3$ø$µ1,10(/(./(5÷
<(1÷6(=21$÷''÷$/,
+$=,5/$1,<25
%D\DQODU+HQWERO6SHU/LJLµQGH
|QP]GHNLVH]RQùDPSL\RQOXöX
KHGHIOH\HQ0XUDWSDùD%HOHGL\HVSRU
XQ
$YUXSDNXSDODUÔYHOLöLoLQKD]ÔUOÔNODUÔQD
JQGH\DSWÔöÔoLIWDQWUHQPDQODGHYDP
www.24saatgazetesi.com
HWWLöLYHKDIWDQÔQJQVDEDKNURV
oDOÔùPDVÔDNùDPGDVDORQGDSDVYH
WDNWLNDöÔUOÔNOÔDQWUHQPDQ\DSDUDN\HQL
VH]RQJLUHFHöLGHEHOLUWLOGL
6(=21$9583$0$d/$5,÷/(
%$ø/,<25
<HQLVH]RQD$YUXSD.XSDVÔPDoODUÔ\ODEDùOD\DFDNODUÔQÔEHOLUWHQ$QWUHQ|U
%LUROhQVDO²(+)NXSDVÔQGDNLUDNLELPL]
=DOJLULV.DXQDV/LWYDQ\D0LOOL7DNÔPÔQÔQ
LVNHOHWNDGURVXQXHOLQGHEXOXQGXUDQ
ELUWDNÔP+HULNLNDUùÔODùPD\ÔNHQGL
VDKDPÔ]GDR\QD\DFDöÔ]%XEL]LPLoLQ
DYDQWDMIDNDWNDUùÔPÔ]GDoRNJoOELU
hONHPL]L$YUXSD.XSDODUÔQGDWHPVLO
HGHFHNED\DQYHHUNHNWDNÔPODUÔPÔ]ÔQ
UDNLSOHULGHEHOOLROGX
(UNHNOHUYHED\DQODUGD(+)YH
&KDOOHQJH.XSDVÔQGDWXUNXUDODUÔ
$YUXSD+HQWERO)HGHUDV\RQ
QXQ(+)
9L\DQD
GDNLPHUNH]LQGHoHNLOGL
%D\DQODU(+).XSDVÔ
QGDNLWHPVLOFLPL]0XUDWSDùD%HOHGL\HVSRU
XQ
WXUGDNLUDNLEL/LWYDQ\DHNLEL$&0(
=DOJLULV.DXQDVROGX7HPVLOFLPL]LON
PDoÔQÔ(\OOWDULKOHULQGH
GHSODVPDQGDLNLQFLPDoODULVH
(\OOWDULKOHULQGHNHQGLVDKDVÔQGD
R\QD\DFDN
.DGÔQODU(+)&KDOOHQJH.XSDVÔ
QD
WXUGDQEDùOD\DFDN=DöQRVVSRULVH
%RVQD+HUVHNHNLEL=5.,OLG]DLOHHùOHùWL7UDE]RQHNLELQLQLONPDoÔ(NLP
WDULKOHULQGHHYLQGH\DSÔODFDN
&KDOOHQJH.XSDVÔQGDNLELUGLöHU
WHPVLOFLPL]$UGHùHQ*HQoOLNVSRUGD.DUDGDöHNLEL:+&'DQLORYJUDGLOHHùOHùWL
$UGHùHQ*6.LONPDoÔQÔGHSODVPDQGD
.DVÔPWDULKOHULQGH\DSDFDN
)%$+(i'()(7˜23(5$6<218
%DùNDQ$]L]<ÔOGÔUÔPNXOSLoLQGH)(7gLOHEDöODQWÔVÔRODQ
NXOS\HOHULQLQLKUDFÔLoLQoDOÔùPDODUDEDùODGÔ
)HQHUEDKoH%DùNDQÔ$]L]<ÔOGÔUÔPNXOSLoLQGH)(7gLOH
EDöODQWÔVÔRODQNXOS\HOHULQLQLKUDFÔLoLQoDOÔùPDODUDEDùODGÔ
)HQHUEDKoH)(7gLOHEDöODQWÔVÔRODQNXOS\HOHULQH
RSHUDV\RQEDùODWÔ\RU
7HPPX]VUHFLQGHQ|QFH%DùNDQ$]L]<ÔOGÔUÔPYHøHNLS
0RVWXURöOXµ\OD\DNÔQOÔNNXUXSNXOEHVÔ]DQ0HKPHW%HUN&LKDQ.DQVÔ])LNUHW6HoHQ0DKPHW.DUDEDED+DNDQ.DUDDOL
'XUVXQ$OL*QGRöGXYH0XWOX(NL]RöOXµQXQGDDUDODUÔQGD
EXOXQGXöXNLùLQLQ\HOLNOHULGùUOHFHN
%XNLùLOHULQNRPELQHDOPDODUÔQÔQELOH|QQHJHoLOHFHN
$õ867263$=$57(6÷
7DULKLQGHLONNH]EDüNHQWLQIXWEROFXVXPLOOLWDN×PGD
$1.$5$%8*(1d/(5/(
*8585'8<8<25
*HQoOHUELUOLöLµQLQo\ÔOGÔ]IXWEROFXVX$KPHWdDOÔN
$KPHW2öX]YH÷UIDQ&DQ.DKYHFLdDUùDPEDJQN
5XV\D|]HOPDoÔNDGURVXQDDOÔQGÔNODUÔLoLQoRNPXWOXª
$1.$5$dDUùDPEDJQ
$QWDO\DµGDR\QDQDFDNRODQ5XV\D0LOOLPDoÔLoLQDGD\NDGUR\D
GDYHWHGLOHQo*HQoOHUELUOLöL
IXWEROFXVXPXWOXOXNWDQKDYDODUD
XoWX
%DùNHQWWDNÔPÔQÔQoIXWEROFXVX$KPHWdDOÔN$KPHW2öX]
YH÷UIDQ&DQ.DKYHFLWHNQLN
SDWURQ)DWLK7HULPWDUDIÔQGDQ
DGD\NDGUR\DGDYHWHGLOPHOHULQGHQGROD\ÔPXWOXKHUIÔUVDWWDGLOH
JHWLUGL%DùNHQWµLQJXUXUXEX
oIXWEROFXQXQPXWOXOXNODUÔQD
*HQoOHUELUOLöL7HNQLN'LUHNW|U
÷EUDKLPh]OPH]µGHRUWDNROGX
%XoIXWEROFXYHWHNQLN
GLUHNW|U0LOOL7DNÔPDGDYHW
HGLOPHOHULNRQXVXQGDùXQODUÔ
V|\OHGL
÷EUDKLPh]OPH]³%LUWHNQLN
DGDPÔQPXWOXOXöXNDGURVXQGDEXOXQDQIXWEROFXODUÔQ0LOOL
WDNÔPDGDYHWHGLOPHVLGLU%X
NRQXGDoNH]PXWOXROGXP
'HPHNNLGRöUXLù\DSÔ\RUPXùX]*HQoOHUELUOLöLGLöHU0LOOL
7DNÔPODUDGDIXWEROFXJ|QGHUHQ
ELUWDNÔPKYL\HWLQGH$QFDN
LONNH]oIXWEROFXPX]XQ$0LOOL
7DNÔPDGDYHWHGLOPHVLKHSLPL]L
JXUXUODQGÔUGÔ³
$KPHWdDOÔN³%DQDJHUHNNXOEPGHJHUHNVH0LOOL
7DNÔPGDJYHQHQOHUHWHùHNNU
HGHULP%XELUQRNWD\DJHOLùLPL]
$QNDUDµQÔQYH*HQoOHUELUOLöLµQLQ
EDùDUÔVÔGÔU0LOOLWDNÔPGDROPDNWDQGROD\ÔJ|UHYLPL]LQGDKDGD
DöÔUODùWÔUGÔ$QFDNEX\NQ
DOWÔQGDQDOQÔPÔ]ÔQDNÔ\ODoÔNDFDöÔ]
$KPHWdDOÔN
÷UIDQ&DQ.DKYHFL
'Q\D\ÕOGÕ]ÕNDSÕGDQG|QG
723&$0%$=,
$1.$5$i'$
*HQoOHUELUOLöL7RNHOR5DQWLH
LOH\ÔOOÔNV|]OHùPHLP]DODGÔ
$1.$5$*HQoOHUELUOLöL*QH\$IULNDOÔ
IXWEROFX7RNHOR5DQWHLLOH\ÔOOÔNDQODùPD
\DSWÔ
$QNDUD
\DJHWLULOHQ\DùÔQGDNLIRUYHWR\XQFXVXVDöOÔNNRQWUROQGHQJHoPLùDQFDNUDNDPGDDQODùÔODPDPÔùWÔ
%XJQELQHXUR
\D\ÔOOÔNV|]OHùPH\DSÔODQJHQoR\XQFXWDNÔPD
NDWÔOGÔVHQH|QFHVLQGH0DOP|
GH
KDULNDELUSHUIRUPDQVJHoLUHQDQFDN
÷QJLOWHUH3UHPLUHU/LJHNLSOHULQGHQ$)&
%RXUQHPRXWK
GDEHNOHQHQLYHUHPH\HQYH
IRUPDùDQVÔEXODPD\DQR\XQFXEXQDUDöPHQPLOOLWDNÔPDVHoLOPH\HGHYDPHWPLùWL
$KPHW2öX]
$KPHW2öX]³+HUùH\GHQ
|QFHEHQLEXGXUXPDJHWLUHQ
WHNQLNDGDPODUÔPÔ]DWHùHNNU
HGHULP)DWLK7HULPKRFDPÔQ
LWLPDGÔQÔERùDoÔNDUPD\DFDöÔP
0LOOL7DNÔPDoIXWEROFXQXQ
$QNDUDµGDQJLWPHVL%DùNHQWµLQ
JXUXUXROGX%XJXUXUXGDKD
\NVHNOHUHoÔNDUWDFDöÔ]³
÷UIDQ&DQ.DKYHFL³0LOOL
7DNÔPÔQDOW\DSÔODUÔQGDQoRNNH]
$\<ÔOGÔ]OÔIRUPD\ÔJL\GLPøLPGL
$0LOOL7DNÔPDVÔUDQÔQJHOGLöLQL
J|UGP%DQDEXJ|UHYLYHUHQ
)DWLK7HULPKRFDPDPLQQHWWDUÔP%XUDODUDJHOPHPGHHPHöHL
RODQKRFDODUÔPDGDWHùHNNU
HGHULP*|UHFHNVLQL]$0LOOL
7DNÔPÔQGDGDEDùDUÔOÔRODFDöÔP
%XGDYHW$QNDUDIXWEROXLoLQ
PLODWWÔU³
$1.$5$*HQoOHUELUOLöLJHoHQJQOHUGHDGÔdD\NXU
5L]HVSRULOHDQÔODQ$GHED\RUYH\LQH÷QJLOWHUH
GHIRUPD\D
7DFR
QXQPHQDMHULLOHELUJ|UùPH\DSWÔ<ÔOGÔ]R\XQFXQXQ
\NVHNPDOL\HWLQHGHQL\OHWUDQVIHUJHUoHNOHùPHGL)RUYHWDUD\ÔùODUÔQDGHYDPHGHQ*HQoOHUELUOLöL$GHED\RU
YH/RUHQWH7DFRLOHJ|UùW*HoWLöLPL]
JQOHUGHdD\NXU5L]HVSRU
DWUDQVIHURODFDöÔ
V|\OHQHQYH\NVHNPDOL\HWLQHGHQL\OH
DVNÔ\DDOÔQDQ$GHED\RU
XQLVPLEXNH]
*HQoOHUELUOLöLLOHDQÔOGÔ<ÔOGÔ]IXWEROFXQXQ
PHQDMHULEXJQ$QNDUD
\DJHOHUHN÷OKDQ
&DYFDYYH\|QHWLPNXUXOX\HOHUL\OHELU
J|UùPH\DSWÔ
²<ÔOODUGÔU%HùWHSH
GH\DWÔSNDONDQVDEDK
<DSÔODQJ|UùPHGH$GHED\RU
XQ
DNùDPoDOÔùDQWÔUQDNODUÔ\ODND]Ô\DND]Ô\D
WUDQVIHULLoLQPLO\RQELQ
EXUDODUDJHOHQJ]HOWRSoXNDUGHùOHULPL]YDU
DYURLVWHQLUNHQ7DFRLoLQ
EL]LP³%ÔUDNÔQùDPSL\RQOXNODUVL]LQROVXQ
EL]HEXJHQoOHU\HWHUGL\HFHöL]DPDELOL\RUX] ELQDYURWDOHSHGLOGL
$GHED\RU
XQLVWHGLöLUDNDPÔ
YHHPLQL]NLG]JQELUNXOS\|QHWLPL\OHEX
NDEXOHGHQ&DYFDYPHQDMHUOLN
JHQoOHUOHEDùDUÔ\Ô\DNDODPDPÔ]oRN\DNÔQ
6DGHFHEÔUDNÔQJHQoOHUR\QDVÔQEDùNDELU FUHWLGHYUH\HJLULQFHJHUL
DGÔPDWPDN]RUXQGDNDOGÔ
ùH\LVWHPL\RUX]
$/.$5$/$5·'$1ù1&(*g1'(50(
$1.$5$*HQoOHUELUOLöLµQLQWDUDIWDUWRSOXOXöXRODQ$ONDUDODU%DùWHSHµGHNLNXOEQ
|QQGHoIXWEROFXODUÔQÔQ$0LOOL7DNÔPD
J|QGHULOPHVL]HULQHSDQNDUWDoWÔ.ÔUPÔ]Ô6L\DKOÔWDUDIODUÔQSDQNDUWODUÔQGDVRV\DOPHG\D\D
J|QGHULOHQùXLöQHOH\LFLV|]OHUYDUGÔ²%XLùOHU
|\OHEHOHGL\HQLQSDUDVÔQÔGHQHWLPVL]ELUùHNLOGHWDNÔPÔQDDNWDUÔSWUDQVIHU\DSPDNODROPX\RU
0U*|NoHN³
%DVNHWERO)HGHUDV\RQX$V%DúNDQÕ(IH$\GDQ¶ÕQV|]OHULQHNXODNYHUHOLP
µrĵrNr¿rɳǻÝNJÝōɳƻÝɳŷNJȕʉ
(IH$\GDQ$öXVWRV°(\OOWDULKOHULDUDVÔQGD6DSDQFDµGDJHUoHNOHùHFHNRODQ´$UDPD.RQIHUDQVÔµLOHLOJLOLELOJLYHULUNHQ7UNEDVNHWEROXQXQJHOHFHöLQH\DWÔUÔP\DSPD\ÔDPDoODGÔNODUÔQÔLIDGHHWWL
$*h&h'$+$ú<ú2/$&$.
$1.$5$$QNDUDJF7HNQLN
'LUHNW|U÷VPHW7DùGHPLU76<'
NXSDVÔQGDVRQUD\DSWÔöÔDoÔNODPDGD
HNVLNOHULQLJ|UGNOHULQLEHOLUWHUHN÷\L
ELUPDoROGX*DOLEL\HWJ]HODPD
GDKDHNVLNOHULPL]YDU2\XQXQEHOOL
E|OPOHULQGHFRùNXEDVNÔYHSUHVOH
LOJLOLID]ODHNVLöLPL]\RN$PDIDUNOÔ
\HUOHUGHELULNLHNVLNWHVSLWHWWLN%LUD]
RQODUÔQ]HULQGHGXUDFDöÔ]2QODUÔ
GDJLGHULUVHNOLJLQLNLQFLKDIWDVÔQGDQ
VRQUDL\LELU$QNDUDJFVH\UHWWLUHFH-
öLPL]LGùQ\RUXPGHGL
7DùGHPLUNDUùÔODùPDODUÔQOLJ
KDYDVÔQGDR\QDQGÔöÔQÔEHOLUWHUHN
%XQGDHQE\NHWNHQWDUDIWDUÔPÔ]GÔ3RWDQVL\HOLoRN\NVHNoRNL\LELU
WDUDIWDUÔPÔ]YDU%L]LPDPDFÔPÔ]GD
EXWDUDIWDUÔPÔ]ÔQEHNOHQWLOHULQHNDUùÔOÔNYHUHELOPHN7DUDIWDUÔPÔ]KD]ÔUOÔN
PDoÔGDROVDEXWULEQOHULKHPHQ
KHPHQGROGXUX\RUVDPDoWDLVWHU
LVWHPH]OLJKDYDVÔQGDJHoHUGL\H
NRQXùWX
ûú0'ú'(.25.8údú1'(
$1.$5$$QNDUDJF%DùNDQÔ
0HKPHW<LöLQHUGQNDOGÔUGÔNODUÔ
WUDQVIHU\DVDöÔQÔKHUDQWHNUDUJHOHELOHFHöLQLV|\OHGL
<LöLQHU7UDQVIHU\DVDöÔQÔNDOGÔUGÔNELUHQJHONDOPDGÔ$QFDN\DVDN
KHUDQJHOHELOLU6HEHELERUoODUÔPÔ]ÔWDNVLWOHQGLUGLN<DUÔQELOH\DVDN
JHOHELOLU$UWÔNNXOSoDOÔùDQODUÔQÔQ
DODFDNODUÔQÔ|GHPHGLöLPL]]DPDQ
ELOHWUDQVIHU\DVDöÔJHOHELOLU'ROD\ÔVÔ\ODJHoLFL\DVDNODUJHOHELOLUWDQH
IXWEROFXDOGÔN7DNÔPÔ\HQLGHQNXUGXN
GL\HELOLUL]7HNQLNKH\HWLQGRöUXOWXVXQGDHNVLNE|OJHOHULPL]HWDNYL\H\DSDELOLUL]%XQGDQ|QFHNLVH]RQODUGD
WHUFLKùDQVÔPÔ]\RNWX6RQJQOHUH
NDOPÔùWÔN%XVH]RQD\|QFHVLQGHQKRFDPÔ]ÔEHOLUOHGLN)XWEROFXODUÔPÔ]LOHDQODùPD\DEDùODGÔNGHGL
7UNL\H%DVNHWERO)HGHUDV\RQX$VEDùNDQÔ(IH$\GDQ
$öXVWRV°(\OOWDULKOHUL
DUDVÔQGD6DSDQFDµGDJHUoHNOHùHFHNRODQ´$UDPD.RQIHUDQVÔµ
LOHLOJLOLELOJLYHUGL$\GDQ7UN
EDVNHWEROXQXQJHOHFHöLQH\DWÔUÔP
\DSPD\ÔDPDoODGÔNODUÔQÔDoÔNODGÔ
.RQIHUDQVDNDWÔODFDNNLùLOHUGHQ]HULQGHWDUWÔùÔODFDNNRQXODUD
GHNELUoRNNRQXGDDoÔNODPDODUGD
EXOXQDQ(IH$\GDQùXDQGDJHQo
EDVNHWEROFXODULoLQDWÔODFDNDGÔPODUÔQJHOHFHNWHRQODUÔQYHONH
EDVNHWEROXQXQ\DùD\DELOHFHöL
RODVÔVÔNÔQWÔODUÔQ|QQHJHoHELOHFHöLQLV|\OHGL
JHOHELOHFHNKHUNHVL6DSDQFDµ\D
NRQIHUDQVÔPÔ]DGDYHWHWWLNdRöX
GDNDEXOHWWLJHOL\RUODUª%XDUDGDNRQIHUDQVÔQRUJDQL]DV\RQXQX
EL]\DSPD\DFDöÔ]EXLùWHHWNLQ
YH\HWNLQSURIHV\RQHOELUNXUXP
KHUùH\LSODQOD\DFDNYH2öX]%DEURöOX|QGHUOLöLQGHRUWD\DEL]LP
GHSURJUDPÔQÔPHUDNODEHNOHGLöLPL]LNLJQONELULùoÔNDFDNª%X
LNLJQONWRSODQWÔQÔQDUGÔQGDQGD
GD\DùÔQÔGROGXUXS$7DNÔP
VHYL\HVLQH\NVHOPHG|QHPLQGHNLR\XQFXODUÔPÔ]GD\DùÔQ
DUGÔQGDQELUH\VHOGXUDNODPDODU
J|]OHPOL\RUX]%XGXUXPXQ7UN
EDVNHWEROXQXQVUGUOHELOLU
EDùDUÔVÔQÔVHNWH\HXöUDWDELOHFHöLQGHQWHGLUJLQOLNGX\X\RUX]%X
VHQH2OLPSL\DWHOHPHPDoODUÔQGD
RUWD\DoÔNDQQHWLFHEL]HLOHULGH
NDUùÔODùPDRODVÔOÔöÔPÔ]RODELOHFHN
GHUOHQHQILNLUOHUELUUDSRUKDOLQH
JHWLULOHUHN7UNL\H%DVNHWERO
)HGHUDV\RQX<|QHWLP.XUXOXµQD
VXQXODFDNª³
VÔNÔQWÔODUKLVVHWWLUPH\HEDùODGÔ
gQOHPOHULPL]LDOPD\DQHNDGDU
HUNHQEDùODUVDNQHNDGDUGRöUX
KDPOHOHUOHLùOHUL\ROXQDNR\PD\DoDOÔùÔUVDNRNDGDUJHOHFHöH
\DWÔUÔP\DSPÔùRODFDöÔ]*HQo
MHQHUDV\RQODUGDNL\ÔOGÔ]ODUÔGDKD
oDEXNGDKDXVWDFDSDUODWPD\Ô
DPDoOÔ\RUX]2QODUÔQ7UNEDV-
$5$0$.21)(5$16,µ1,1
÷d(5÷õ÷1÷gõ5(1(%÷/÷5
0÷<÷="
(IH$\GDQ²7UNEDVNHWEROXQXQDOW\DSÔODUGDXOXVODUDUDVÔ
DODQGDHOGHHWWLöLEDùDUÔODUPDOXP%XEDùDUÔODUÔQ$0LOOL7DNÔP
VHYL\HVLQGHGHVUGUOHELOLU
ROPDVÔLoLQQHJLELSODQODPDODUYH
RUJDQL]DV\RQODU\DSÔODELOHFHöLQL
WDUWPDNDGÔQDELUEH\LQIÔUWÔQDVÔ
RODFDN´$UDPD.RQIHUDQVÔµ%X
NRQX\ODLOJLOL7UNEDVNHWEROXQXQ
KHUNDGHPHVLQGHQoRNVD\ÔGD
NDWÔOÔPFÔILNULQLEH\DQHGHELOHFHN6DSDQFDµGD$QWUHQ|UOHU
PHQDMHUOHUNXOSLGDUHFLOHULNXOS
EDVNHWEROVRUXPOXODUÔEDVNHWERO
LOHLOJLOHQHQEDVÔQPHQVXSODUÔ
KDNHPOHUEDVNHWEROHPHNWDUODUÔª
%DVNHWEROFDPLDVÔQGDDNOÔQÔ]D
5$325818=819$'('(
1$6,/%÷5*(7÷5÷6÷2/$&$õ,g1*g5h/h<25"
(IH$\GDQ²$OW\DSÔ0LOOL
7DNÔPODUÔQGDoRNEDùDUÔOÔROVDODU
VDDWJD]HWHVL#JPDLOFRP
NHWEROXYHELUH\VHONDUL\HUOHULLoLQ
XODùDELOHFHNOHULHQVWQRNWD\D
XODùPDODUÔ7UNL\H%DVNHWERO
)HGHUDV\RQXRODUDN|QFHOLNOL
KHGHILPL]³
%812.7$'$$õ,5/,./,
62580/8/8õ8.÷0/(5÷12/$&$."
(IH$\GDQ²6RUXPOXOXNKHUNHVHGùHU6DGHFH0LOOL7DNÔPODUGDNLDQWUHQ|UOHULQHPHöLLOHKHU
ùH\PNHPPHOKDOHJHOHPH]
7DELLNL0LOOL7DNÔPODUÔPÔ]GDNLRUJDQL]DV\RQODUÔQQHNDGDUSURIHV\RQHOFH\DSÔOGÔöÔoRFXNODUÔQQH
NDGDUXVWDFDEDVNHWEROXQLoLQGH
WXWXOGXöXNRQXVXQGDWDUWÔùPDPÔ]DJHUHNELOH\RNKHUùH\RUWDGD
$OW\DSÔODUGDXOXVODUDUDVÔG]H\GH
HOGHHGLOHQGHUHFHOHULQPDGDO\DODUÔQEXoDOÔùPDODUDEDöOÔROGXöXQXGDKHUNHVELOL\RU$QFDN$0LOOL
7DNÔPVHYL\HVLQHoÔNDELOHFHNELU
R\XQFXQXQ´KD]ÔUµROPDGXUXPX
NXOSDQWUHQ|UOHULQLQRQDùDQV
YHUPHOHUL\OHGHùHNLOOHQL\RUª
´$UDPD.RQIHUDQVÔµoRN\|QOELU
WRSODQWÔRODFDNQDVÔOELOJLSD\ODùÔPODUÔ\DSÔODUDNVRQXoODUDYDUDFDöÔPÔ]ÔKHSEHUDEHUJ|UHFHöL]
.RQXVDGHFHDQWUHQ|UOHUGHGHöLO
WUDQVIHUùDUWODUÔQGDQJHQoR\XQFXODUÔQNXOSOHULQ$7DNÔPODUÔQGD
DODELOGLöL\DGDDODPDGÔöÔVUHOHUH
GHNELUoRNNRQXGDWDUWÔùDFDöÔ]
°\ÔOVRQUDEDVNHWEROXPX]XQJHOHFHöLQRNWD\ÔEXJQGHQ
J|UHELOPH\HoDOÔùÔ\RUX]

Benzer belgeler