Mario Draghi, the president of the European Central Bank, has rejected claims by Wolfgang Schäuble, Germany's finance minister, that Cyprus is not "systemically relevant" for the eurozone and that the country's default would not endanger Europe's economic recovery, writes the German newsweekly Der Spiegel.
The Czech papers, including Lidové noviny, Právo and Hospodářské noviny, are dominated by the victory of Miloš Zeman in presidential elections at the weekend. The former prime minister beat the current foreign minister, Karel Schwarzenberg, in a campaign that dwelt heavily on the post-war expulsion of ethnic Germans. Lidové noviny picks up coverage in the Russian press that Zeman is close both to Brussels and the Kremlin. Týden looks at what remains in the diary of the outgoing president, Václav Klaus, and notes fears that cKlaus will seize on the opportunity to make appointments to the constitutional court.
The departure of the UK from the EU would be a “disaster”, Slovakia's finance minister, Peter Kažimír, has told Frankfurter Allgemeine Zeitung.
Der Spiegel reports that Angela Merkel, Germany's chancellor, wants to halve the surface area that farmers would have to treat as "ecological focus areas" under the EU's reformed common agricultural policy.
The Irish government has run into difficulty in its talks with the European Central bank on promissory notes, the Irish Times writes. In 2010, Ireland's government – in consultation with the European Central Bank – issued €31 billion-worth of promissory notes (a promise to pay) to bail out the stricken Anglo Irish Bank and the Irish Nationwide Building Society.
Egypt's President Muhammad Morsi has invited representatives from 11 political parties for a dialogue, as well as several leading political figures, amid continued violence across the country. Morsi has announced states of emergency in three cities, write the Egypt Independent and The National, from Abu Dhabi
French and Malian troops have reached Timbuktu, Le Monde writes. Most of northern Mali has been taken back from Islamist rebels, the Guardian reports, but many refugees believe retreat of the Islamists is only temporary.
Dmitry Medvedev, Russia's prime minister, has suggested that Bashar Assad may have committed a "fatal error" in dealing with the uprising in Syria and that his chances of staying in power are diminishing by the day, writes L'Orient-Le Jour from Beirut.
A $7 billion (€5.2bn) bill that Russia's Gazprom slapped on Ukraine for failing to import agreed amounts of gas has piled pressure on Kiev ahead of talks with the International Monetary Fund, the Financial Times writes.
The daughter of Yulia Tymoshenko fears that new murder charges expected to be brought against her mother have prompted severe health issues for the former Ukrainian prime minister, who faces the prospect of going to jail for life. The UK's Guardian has a report.
Silvio Berlusconi, the Italian opposition leader and former prime minister, has caused outrage by praising Italy's war-time fascist leader Benito Mussolini during a ceremony to mark Holocaust Day. La Repubblica and Corriere della Sera.
Le Figaro reports that French labour minister Michel Sapin said over the weekend that France is “totally bankrupt”.
Frankfurter Allgemeine Zeitung writes at length about the EU-Latin American summit this weekend, and at the reception for Angela Merkel and her ideas on free trade. Estonia's Postimees reports that the deaths of more than 230 people in a Brazilian bar clouded the summit.
Liberation covers demonstrations in Paris yesterday in support of French president Francois Hollande's proposal to allow same sex marriage.
After a sharp decline at the end of last year, the popularity of Lithuania's President Dalia Grybauskaitė has recovered in January, 15min.lt writes. Grybauskaitė's popularity had been affected by her interventions in the process of forming a four-party governing coalition.
The British government is considering running negative adverts about the country to try to stop potential migrants from coming to the UK, the Guardian writes.
The Financial Times looks at the properties of graphene – a new material that is faster, stronger, bendier and should find uses in sectors ranging from aerospace to biotechnology – but notes that its discoverers are warning companies not to expect an immediate revolution.