•  Literacy rates of population 10 years and older have increased to 53% as compared to 45% in 2001/02. Both primary and secondary school enrolment have shown improvement in the recent years. However, while elementary education gross enrollment has increased from 41% in 2001/02 to 46% in 2004/05, it remains far below the targets.
Apart from the elements of the banking union, a number of important regulatory initiatives have been taken, covering almost all aspects of financial sector and activities (namely the Bank Recovery and Resolution Directive – BRRD, Capital requirements regulation and directive – CRR/CRD IV for the banking sector, Solvency II for Insurance, European Market Infrastructure Regulation – EMIR for financial markets and infrastructure and so on).