Jim McCaughan, CEO of Principal Global Investments, tells CNBC how, in his opinion, Ireland has created a pro-business environment more successfully than other countries in Europe's periphery.

Steve Sedgwick takes you through the European markets which, have opened slighly lower in response to Fed minutes.

Europe's big banks are under heavy pressure to slash bonuses this year. Catherine Boyle has more on what's in store for pay-outs in 2013.

Tom Rogers, senior economic adviser at Ernst & Young, tells CNBC that from an economic point of view 2013 is not going to be much better for the euro zone than 2012.

Richard Gordon, managing VP at Gartner Research, tells CNBC that in 2013 they are looking for more positive growth in the tech market as confidence starts to improve.

Paul Donovan, global economist at UBS points to moderate increases in UK property prices with banks slowly starting to lend to prospective homeowners.

Steve Sedgwick takes you through the European market open, where markets have opened to the upside.

Steve Sedgwick takes you through the UK retailer Next and where it is trading.

Squawk Box Europe viewers write in with their most hated words and phrases.

Dennis Gartman, founder, editor & publisher of The Gartman Letter, tells CNBC the fiscal cliff can be put behind us for a while and that he sees stock prices going still higher.

The last minute fiscal cliff deal may have eliminated the most threatening cloud hanging over the US economy but CNBC¿s Eamon Javers takes a look at the difficult road that still lies ahead.

Julian Callow, chief international economist at Barclays, tells CNBC that a lot of the uncertainty around the fiscal cliff has been resolved.

Neil Atkinson, director of energy research at Datamonitor, tells CNBC that rising oil production in North America and falling demand will see downward pressure on US domestic prices.

Kit Juckes, global head of foreign exchange strategy at Societe Generale, tells CNBC that the gap between Europe and the United States has never been greater.

Cormac Leech, bank equity researcher at Liberum Capital, tells CNBC that in 2013 banks will continue to rally but less than in 2012 as economic fundamentals take hold.

CNBC's Steve Sedgwick takes you through the open of the European market on the 2nd of January 2013.

Geoff Wilkinson, head of technical strategy at Whitman Howard joins CNBC for a technical look at European banks, basic resources and transportation.

Colin Hamilton, global head of commodities research at Macquarie Group shares his views on the outlook for gold in 2013 and whether it looks attractive as an inflation hedge.

Paul Gambles, managing partner at MBMG International, tells CNBC that the only positive outcome from the fiscal cliff deal is the narrow time frame left, to sort out spending cuts and tax increases.