Yes and no. The Bologna Process, as I understand it, is a harmonisation of academic qualifications designed to allow someone with a degree in Italy to be qualified to do a PhD. in the Netherlands, etc. I'm talking more about a FOSS-style curriculum that doesn't necessarily address economic arguments, but acts as a basis for what modern European school children should know and learn. Some common cultural grounding that clearly states an accumulated sum of knowledge and learning techniques that defines what it means to be 'educated'.