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AIR MILES Is Gone. Here's What Actually Earns You Travel Now

  If you've been holding onto a Air Miles card waiting to redeem for a flight, the program you signed up for doesn't exist anymore — and the cards that replaced it aren't the best game in town. If you searched "best AIR MILES credit card" and landed here, there's something you need to know first: there is no such thing anymore. AIR MILES, the loyalty program that's been part of Canadian wallets since 1992, officially became BMO Blue Rewards on June 2, 2026. BMO had already stopped issuing new AIR MILES cards back in January, and every collector's Miles converted automatically into Blue Points at a rate of roughly 1 Air Mile to 15.79 Blue Points — no action needed, no lost value. That's good news if you're a longtime collector sitting on a pile of Miles. It's less good news if you were hoping to earn free flights that way going forward, because Blue Rewards was built to compete with PC Optimum and Scene+ — grocery, gas, and everyday spendi...
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Greece Accelerates Debt Reduction with €5.3 Billion Early Repayment

 

The Greek economy is gradually rebounding from a 2009-2018 crisis that saw it nearly drop out of the euro zone and that triggered years of social unrest.

Greece has taken a significant step toward strengthening its financial stability by repaying €5.3 billion in bailout debt ahead of schedule. The debt, originally due after 2031, was part of the country’s first bailout package in 2010 from eurozone partners. According to government officials, this early repayment will save Greece €1.6 billion in interest payments by 2041 and help reduce its debt-to-GDP ratio to below 120% by 2029.

The repayment was made through the European Commission to each eurozone country involved in the bailout. This move highlights Greece’s steady recovery from the 2009–2018 debt crisis, which nearly forced the nation out of the eurozone and triggered years of austerity measures, wage cuts, and social unrest.

While Greece still holds the highest debt-to-GDP ratio in the euro area, the early repayment demonstrates improved fiscal credibility and signals confidence in the country’s economic trajectory. Analysts note that this action not only reduces future financial burdens but also strengthens Greece’s reputation among European partners.

This milestone reflects a broader effort by Athens to rebuild trust and stability after a decade of economic hardship. By accelerating debt reduction, Greece is positioning itself for stronger growth and greater resilience in the years ahead.


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