The chairman of the MEA believes the company's financial recovery is improving, albeit at a very slow rate.
The energy firm owes government more than £400million.
Many months of restructuring have seen losses finally come under control but authorities admit repaying the debt is still a mammoth task.
Earlier we spoke to chairman Howard Quayle who stressed that every cost-saving measure has been taken (audio):
Several Douglas roads to shut for drone show this week
A number of roads in central Douglas are to be closed for the council's drone show this week.
No new plans for flood defences, says minister
The Infrastructure Minister says there aren't any alternative plans for flood defences in Ramsey at the moment.
Airport passenger figures are down
The Department of Infrastructure says the number of passengers travelling through the Island's airport is down more than five per cent on last year's figures.
Newborns to get free books
Babies born in the Island's maternity unit will be getting free books - thanks to Dolly Parton!
Northern road closure this week
A road in the North will close for a morning this week.
Bus strike forces charity dog walk to reschedule
A charity event to raise funds for an Island animal charity has been rescheduled because of the ongoing bus strikes.
K-pop circus arrives in Douglas!
A circus offering a K-pop treat has arrived on the Island!
Firm under investigation over waste storage
The Department of Environment, Food and Agriculture says it's investigating an Island company over waste disposal.
