In this paper, we present an overview of recent advances in selected areas of computational linguistics (CL). The objective of computational linguistics is to develop models of language that can be implemented in computers, ie, the models with certain degree of formalism, and to develop applications that deal with computer tasks related to human language, like development of software for grammar correction, word sense disambiguation, compilation of dictionaries and corpora, intelligent information retrieval, automatic translation from one language to another, etc. Thus, computational linguistics has two sides: on the one hand, it is part of linguistics; on the other hand, it is part of computer science.