Press Review May 25, 2018

The importance of the Baku-Tbilisi-Ceyhan oil pipeline and the unresolved issue of problem loans are the leading topics of today's press.

The newspaper Azerbaijan writes about the growing importance of the Baku-Tbilisi-Ceyhan (BTC) oil pipeline, which was injected the first oil in May 2005.

The author considers BTC a powerful engineering structure of the millennium, which stands out for its uniqueness among similar pipelines.

It has 8 pumping stations, two of which are in Azerbaijan, two in Georgia and four in Turkey.

This pipeline was put into full operation in July 2006 and has transported over 383 million tons of oil to this day.

The Yeni Musavat newspaper asks why the government does not solve the problem with problem loans. At present, their volume is 1 billion 710 million manat, which is almost 16% of the total loan portfolio. However, international agencies Moody's, Fitch and S & P believe that their level is over 30%.

Currently, 60-70% of court cases are related to loans.

The newspaper Novoye Vremya is discussing the issue of divorces, the number of which has increased fivefold over the past 10 years. Divorces are often caused by publications on Facebook, and other social networks.

There are fewer families with many children in the country, which is connected with the economic situation and the housing problem.

Poor wages, low levels of social protection and medical care are often the cause of suicide and divorce. -0-----