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European referendums

Inspired by the Swiss minaret ban, a reasonably unpleasant German group is trying to force a pan-European referendum on banning minarets. Apparently

The Lisbon Treaty, which has now entered into force, contains a provision for referenda subsequent to the collection of one million signatures in favor of the measure in question. Just how such a process might work, however, has yet to be sufficiently established.

If that's true, surely we're about to be deluged in referendums? A million signatures on a European level is nothing. It's the kind of number Greenpeace could collect without breaking a sweat, for instance, let alone any party organization.

I can't find much trace of it in the Lisbon Treaty (but the treaty is massive, and I have no idea where to look). The closest is this delightfully vague and toothless provision:

Not less than one million citizens who are nationals of a significant number of Member States may take the initiative of inviting the European Commission, within the framework of its powers, to submit any appropriate proposal on matters where citizens consider that a legal act of the Union is required for the purpose of implementing the Treaties. The procedures and conditions required for such a citizens' initiative shall be determined in accordance with the first paragraph of Article 21 of the Treaty on the Functioning of the European Union. [article 8A.4]