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"It shall be a matter for legislation in the countries of the Union to permit the reproduction of such works in certain special cases, provided that such reproduction does not conflict with a normal exploitation of the work and does not unreasonably prejudice the legitimate interests of the author."
From this the various countries defined private copy as being "reproduction of copyrighted works in the cases where such reproduction does not conflict with a normal exploitation of the work and does not unreasonably prejudice the legitimate interests of the author."
The most used case of an example is "if I buy a CD I have the private right to make copies of it, if they're to be used privately and there's no commercial exploitation of those copies". Oh, and if you look carefully, most of the entities that replied to EU's questionaire are more or less explicitly advocating the end of that right.