Next year Putin and Cameron take the reins of the G20 and G8 respectively. They must show that bringing the most powerful people in the world together can still deliver results for the most powerless.
The financial crisis in Europe, and the suffering caused by it, is something that has increasingly drawn my attention. The population of young people - my own age group - is particularly affected by it. Therefore, I believe that questions such as 'What is wealth?' and 'What makes us wealthy?' are more relevant today than ever before.
The last thing Europe and Greece needs is another set of elections and more indecision. We need to see the new Greek government formed within hours committed to paying its way in the world.
Exit polls just released have Syriza and New Democracy almost neck-and-neck in the Greek elections.
With Greece preparing for a second go at electing a representative government this Sunday, all eyes have been fixed firmly on Spain and the funding woes of its banking system in recent weeks; but with economic indices and market confidence resuming their dip soon after last weekend's Spanish €100bn (£81bn) 'bailout lite', attention is now turning its eyes to Italy.
After months of denials and prevarications, the Spanish government has finally done what many economists have been predicted it would have to do for months, and asked for a 100 billion-euro bailout for its sieve-like and utterly corrupt banking system.
Free market economics - shrinking the state, low government spending and unleashing the market beast into every facet of society - is not only morally wrong, but also economically unjustifiable.
It may not be the answer to the Eurozone crisis, but could austerity be the order of the day for England at Euro 2012? Roy Hodgson's side came away with a 1-0 win after the weekend's warm-up clash with Belgium, despite the latter side enjoying 59% of possession.
Greece is bombing out the euro. Greece is going no place, the country's place is in the eurozone, anyone who says otherwise should be put away in the lunatic asylum right next to the Napoleons.
If the West fails to mend its ways it will be like a mammoth tanker that is no longer able to change course. Under such conditions only a much bigger and deeper crisis can force countries to act differently. Yet by then they will no longer have a safety net to cushion the blow and spread the pain.
The long-term future of Europe's youngest citizens risks being ignored as governments battle to keep their heads above water in the current economic storm.
Proper budgeting has always kept households solvent. Whatever money or income you have to live on, you must be realistic about how much you need and budget accordingly. We all know when we don't have enough money; it becomes more and more important.
When the first Euros were printed in 1999, Europe chose a bold new future. But beneath the surface, the new European economy was built on shaky foundations. The decision is one of the biggest we have faced. The answer is clear: Europe must go for growth.
The endless eurozone crisis provokes a despairing weariness. The G8 has come and gone in Camp David, bringing, so it seems, a solution no nearer. Yet another EU summit will gather later this week. No-one is holding their breath that something fresh and decisive will emerge to halt the ever-mestasising threat of sovereign default. Yet, something has recently changed. To weariness, now add raw alarm. Over the years, European politicians have repeatedly cried wolf, invoking deadlines for a final solution to the euro-crisis that they have then declined to honour. Now, the new deadline is the Greek general election on 17 June. David Cameron has even labelled it a referendum on membership of the eurozone.
Clearly fast moving events elsewhere in Europe, particularly in Greece and Spain, are giving added impetus to the whole issue of Britain's relationship with the European Union. They are also driving the issue closer and closer to the decision makers in the main parties. In recent weeks, we have seen a growing number of establishment Labour figures accepting that a referendum may have to be held.
According to the Observer, senior members of Labour's shadow cabinet want Ed Miliband to commit Labour at the next election to an in-out referendum on the European Union. Is that wise?