The ceremony to sound the gong was broadcast live on CNBC Europe.

The Taoiseach will address a plenary session at the Forum later (10.00) - he's expected to speak about his goals for Ireland's EU Presidency.

It was at the event last year that Enda Kenny gave a controversial interview, in which he blamed the Irish economic crisis on people who "went mad borrowing."

The British Prime Minister will also deliver a speech at the forum this morning on the economy and tax avoidance.

David Cameron is meeting European leaders in Davos for the first time since announcing his decision yesterday to hold a referendum on Britain's membership of the EU - if re-elected.

There's been a mixed response to the announcement from European leaders - France and Germany have said Mr Cameron can't "cherry pick" the powers he wants to bring back to London.