This paper is an overview of the current issues and tendencies in Computational linguistics. The overview is based on the materials of the conference on computational linguistics COLING’2012. The modern approaches to the traditional NLP domains such as pos-tagging, syntactic parsing, machine translation are discussed. The highlights of automated information extraction, such as fact extraction, opinion mining are also in focus. The main tendency of modern technologies in Computational linguistics is to accumulate the higher level of linguistic analysis (discourse analysis, cognitive modeling) in the models and to combine machine learning technologies with the algorithmic methods on the basis of deep expert linguistic knowledge.