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Economy

Econ 101: June 18, 2012

Welcome to ThinkProgress Economy’s morning link roundup. This is what we’re reading. Have you seen any interesting news? Let us know in the comments section. You can also follow ThinkProgress Economy on Twitter.

  • A pro-bailout party won a narrow election victory in Greece yesterday, and will attempt to form a government. [Reuters]
  • Socialists won a majority in the French Parliament yesterday, strengthening the hand of anti-austerity President Francois Hollande. [New York Times]
  • Hundreds of U.S. mayors are calling for laws that would allow parents to seize failing schools and fire teachers. [Reuters]
  • California is close to striking a deal to privatize operations of its state parks. [Wall Street Journal]
  • G-20 officials will meet in Los Cabos, Mexico today to discuss the state of the global economy. [Bloomberg]
  • The American Federation of State, County and Municipal Employees (AFSCME) will elect its first new president in 30 years next week. [Reuters]
  • The Senate Banking Committee is working on legislation that would streamline the refinancing process for U.S. homeowners. [The Hill]
  • States are using tax credits instead of vouchers to funnel public money towards private schools. [Education Week]

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