After what seems like years of the site being in beta, Erepublik Version One has been announced for the 14th. According to the slightly date confused blog post the new main features will be:
The blog post also makes it pretty clear that they will be focussing on fixing bugs, bugs and more bugs above anything. There is also mention of an API, random events, private forums, a mobile version, citizen's adds(?) and 1vs1 fights.