The latest Bologna Implementation report published today shows that much work remains to be done.
On average, only 7 of 10 students finish their higher education programme, while half of the countries' completion rates are as low as 30-50%.
The report also finds that funding and knowledge of languages are considered the biggest barriers to student mobility.
Ahead of the conference, European Commissioner for Education, Culture, Youth and Sport Tibor Navracics said:
"We cannot afford this loss of talent. All governments that are part of this effort must step up the pace of reforms in higher education to improve the success of our students."
"We will provide evidence to help them put these reforms into practice."
The Ministerial Conference will also give a renewed push for the next stage of the Bologna Process. Building on the achievements of the past 15 years, the new priorities will focus on increasing international mobility, the use of digital technologies in learning and improving the skills sought by employers.
The ministers will also adopt a revised Guide on using ECTS(1.97 Mb)
, the European Credit Transfer and Accumulation System.
The Guide has been updated to take account of recent developments in the Bologna Process - lifelong learning, student-centred learning, use of learning outcomes, new modes of learning and teaching – and includes a specific focus on programme design and delivery.