With this paper we approach the new policy making paradigm for Europe's higher education policy, set with the Bologna Process, given emphasis to the legitimacy deficit of this political venture and the necessity of a crisis management over the implementation phase within national frames. The implementation of the Bologna's policies, using Greece as a case study, reveals a crisis management reality, originating from an understanding of the Bologna Process as a top dawn initiative by the academic community, and so on society, while also the legitimization basis of this venture is considered flimsy and the role of the European leveled interest groups in question. The conditions of the Bologna's implementation and the crisis management outcome reflect the type of Europeanization occurring on the field of higher education in the Greek case and possibly in other national frames.