With the Bologna process, many important reforms in higher education have been achieved. This report from Eurydice makes an evaluation of the progresses and failures realized in terms of student mobility, lifelong learning, quality assurance and social dimension of higher education. With the crisis and the necessary return of growth, our countries have to learn from each other, make their education system even more efficient and provide their citizens with the levels of education and skills required by a globally competitive, knowledge-based society.