When will European Varsities Wakeup?

For the last  4 years,  IIE (Institute of International Education) has been indicating the drop in international student enrollment. But this year their annual report is out it indicates an increase in the international students http://opendoors.iienetwork.org/?p=113743. This means that the drop attributed due to the excessive anti terrorist scrutiny is more or less getting overcome and the confidence and the lure of better education is bringing them back to US. But this also means the efforts made in the last few years by European Universities in compete with the US is not bearing fruits.  A study carried out by Academic Cooperation Association (ACA) for the  European Commission to identify the “brand value ” of European Varsities identified that most students weighed  US universities high on innovation, dynamism while the opposite for European Varsities http://ec.europa.eu/education/programmes/mundus/acasummary.pdf . But nothing seems to have been done about this. Even the Bologna Process http://www.eua.be/index.php?id=65 which is targeting for 2010 has not do anything about independence of universities, bringing out innovation or dynamism.