The role of European investments. The economic slowdown resulting from the terrorist attacks now being a fact, Member States are counting heavily on the EU to limit the negative effects. This is no European rhetoric. In Ghent, the Heads of State and Government acknowledged that the Fifteen had almost no national room for manoeuvre in the budgetary field, and in practice they were counting on European co-operation (acceleration of the "Lisbon Strategy) and on two EU bodies: the European...