Well, it's a doctorate by name, but not by Bologna classification. The point is, the Bologna classification system only counts research doctorates as third-cycle degrees. That's technically true, but this form of recognition actually just means that you can use the degree on business cards. The problem is that there is no German counterpart to this degree. That's why in Germany the PhDr. is only recognized as a second-cycle degree, just like the Magistr degree.