Abstract: | The European Council today is the only institution which has the potential and the possibility to lead the EU out of its current “valley of uncertainty”. Under the leadership of a new generation of heads of state, the conclusion of a European package deal may be expected from 2007 onwards, containing three central elements: 1. a “Europe of projects”, identifying policies and projects of common interest, 2. the “flexibilisation” of the EU in order to facilitate European politics among the member states and 3. institutional or constitutional reforms of the European polity, for which the constitutional treaty will remain the single most important point of reference. However, no simple, “optimal” road for the future development of the EU may be anticipated. |