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):
Watch out for runners in Ramsey this evening
An athletics club in the north of the Island is asking motorists in Ramsey to keep an eye out for runners later.
Online fundraiser to help Peel mum after daughter's cancer diagnosis
A woman in Peel has launched an online fundraiser to help a friend be with her daughter as she's treated for cancer.
Plans for a new private pharmacy
An office in Douglas could become a private pharmacy under new plans.
Island called future of sustainable travel in UK newspaper
A writer for a UK newspaper says the Isle of Man offers a glimpse at the future of sustainable travel.
Nearly £2.4m spent on high school plans
The government says it's spent almost £2.4 million on a project to replace a high school in the south of the Island.
Road disruption during sewage works this week
Manx Utilities says there'll be temporary traffic lights in Peel this week as it continues work on the town's sewer system.
More than 40 buildings in capital listed as dilapidated
Douglas has 42 properties in a dilapidated or ruinous state, according to the city's local authority.
Police appeal over hit and run which damaged car
Police are appealing for information after a hit and run damaged a car in the North.
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