Issuu on Google+

  0RUH

6KDUH

 1H[W%ORJª

&UHDWH%ORJ  6LJQ,Q

&HWWHVHPDLQH



/D6DODPDQGUHHVWXQHVDOOHGH FLQpP DDVVRFLDWLY HFODVVpH$UW (VVDL5HFKHUFKH 'pFRXYHUWH -HXQHSXEOLF

&HW W HVHPDLQH /DVHP DLQHSURFKDLQH

7+(%/,1*5,1*

3URFKDLQHP HQW

GH6RILD&RSSROD 86$±±K

$Y HF(P P D:DWVRQ ¬/RV$QJHOHVXQJURXSHG¶DGROHVFHQWVIDVFLQpVSDUOHSHRSOH HWO¶XQLY HUVGHVPDUTXHVWUDTXHY LD,QWHUQHWO¶DJHQGDGHV FpOpEULWpVSRXUFDPEULROHUOHXUVUpVLGHQFHV,OVVXEWLOLVHURQW SRXUSOXVGHPLOOLRQVGHGROODUVG¶REMHWVGHOX[ HELMRX[  Y rWHPHQWVFKDXVVXUHVHWF3DUPLOHXUVY LFWLPHVRQWURXY H 3DULV+LOWRQ2UODQGR%ORRPHW5DFKHO%LOVRQ/HVPpGLDVRQW VXUQRPPpFHJDQJOH%OLQJ5LQJ ³XQILOPTXLSUpVHQWHWRXWHVOHVPDUTXHVH[WpULHXUHVGX VW\OHGHODFLQpDVWH±VHQVXDOLWpUrYHXVHUpYpUHQFHWHLQWpH G LURQLHSRXUODMHXQHVVHREVHUYDWLRQHQWRPRORJLTXHGHODYLH TXRWLGLHQQHGHVQDQWLVGHFHPRQGH±SOXVXQHLQpGLWHXQH HVSqFHGHFROqUHVDWLULTXHG DXWDQWSOXVIUDSSDQWHTX HOOH V H[SULPHVXUOHWRQOHSOXVGRX[´/H0RQGH

6+2.8=$, FHOOHVTXLYRXODLHQWVHVRXYHQLU GH.L\ RFKL.XURVDZD -DSRQ± ± K

$Y HF.\ RNR.RL]XP L ,O\ DTXLQ]HDQVTXDWUHILOOHWWHVpWDLHQWWpPRLQVGXPHXUWUH G¶(PLOLOHXUFDPDUDGHGHFODVVH,QFDSDEOHVGHVHVRXY HQLUGX Y LVDJHGXWXHXUHOOHVpWDLHQWPHQDFpHVGHSpQLWHQFHSDU $VDNRODPqUHGHODGLVSDUXH&RQWUDLUHPHQWj6DHHW0DNL $NLNRHW< XNDY HXOHQWRXEOLHU(WODPqUHG¶(PLOLTXH FKHUFKHWHOOHHQFRUHDSUqVWRXWFHWHPSV"

UXH(XJqQH3RWWLHU    0RUODL[ 7pO       FLQHPDODVDODPDQGUH#JPDLOFRP

³6KRNX]DLHVWXQFKRFFLQpPDWRJUDSKLTXHXQILOPPRQVWUH XQILOPPRQGHRV DIILUPH  ODWRXWHSXLVVDQFHG XQGpVLU GHGpWUXLUHDXWUXLSRXUVLPSOHPHQWrWUH´/H0RQGH

3DJH)DFHERRN

(175e('83(56211(/ GH0DQXHOD)UHVLO )UDQFH  PLQ

'RFXP HQWDLUH / DEDWWRLUHVWORLQGHWRXWWRXWDXERXWGHOD]RQHLQGXVWULHOOH $XGpEXWRQSHQVHTX RQQHY DSDVUHVWHU 0DLVRQFKDQJHVHXOHPHQWGHSRVWHGHVHUY LFH 2QY HXWXQHY LHQRUPDOH 8QHPDLVRQDpWpDFKHWpHGHVHQIDQWVVRQWQpV 2QV REVWLQHRQV DUFERXWH 2QDPDOOHMRXURQDPDOODQXLWRQDPDOWRXWOHWHPSV 2QWLHQWTXDQGPrPHMXVTX DXMRXURO RQQHWLHQWSOXV & HVWOHVDUWLFXODWLRQVTXLOkFKHQW/HVQHUIVTXLOkFKHQW $ORUVO XVLQHY RXVOLFHQFLH $PRLQVTX HQWUHWHPSVRQQHVRLWSDVVpFKHIHWTXHO RQ LPSRVHPDLQWHQDQWDX[ DXWUHVFHTXHO RQQHVXSSRUWDLWSOXV VRLPrPH0DLVRQSHXWDXVVLFKRLVLUGHUHIXVHUFHOD ³0DQXHOD)UpVLOPRQWUHDYHFXQHSXLVVDQFHYLVXHOOH LPSUHVVLRQQDQWHOHVFRUSVGHVErWHVWXpHVjODFKDvQHHWOHVFRUSVGHVKRPPHVGRQWHOOHUHVWLWXH PDJQLILTXHPHQWODSDUROHDEvPpVSDUODFKDvQH´/HVILFKHVGXFLQpP D

5HFRPPDQGHUFHFRQWHQXVXU*RRJOH

$FFXHLO ,QVFULSWLRQj0HVVDJHV $WRP

68,9(=1286

$5&+,9(6'8%/2*

ź    

0HVVDJHV

źMXLQ 

&RP P HQWDLUHV

eY pQpP HQW5HQFRQWUH (Y pQHP HQW&LQp&OXE ¬O DIILFKHFHWWHVHP DLQH

)RXUQLSDU%ORJJHU


Sem 24 • 12/06 18/06 2013