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As it often happens, the title of my chapter has an ambiguous ring to it. Are we trying to figure out which set of specific changes in copyright legislation would help to achieve the targets set by the specific policy document released by the EU Commission last year? Are we supposed to deal with a broad new vision of the role of copyright intended to foster the generation and dissemination of creativity in the new digital environment? And are we talking about EU Directives or the Berne Convention — about the short term or medium term? Well, perhaps the two dimensions, different as they are, may go hand in hand. It stands to reason that a few ideas about the future — what could and indeed should happen in the next five or ten years or so — may also help us in transacting the business of today and tomorrow. So let me start from the broader picture and come back to questions of more immediate concern in the final remarks.