'Well done, Little Britain'
German papers also focus on the impetus Brexit has given to other Eurosceptic parties on the continent, and Die Welt says Chancellor Angela Merkel may also come under pressure. It says she has contributed to "the EU's political failure through her unilateral actions on refugee policy".
Looking at the UK, it predicts a gloomy future in which UKIP will mutate into a "mild form of fascism" to exploit economic discontent, leaving the country "like France today: full of resentment, incapable of reform, and divided".
Tageszeitung's front page has the ironic headline - in English - "Well done, Little Britain". The Brexit vote has "rocked the continent, left populists everywhere jubilant, and really angered young Europeans", it says.
But the paper also warns that the vote was a revolt "against those on high", and that populist parties in Europe will now use the referendum threat to put pressure on their own governments.
"The European Union is now at a turning point, and if the German government thinks it can continue just like before, it could bring this Europe crashing down around their ears," it concludes.
'End of globalisation'
In Italy, Corriere della Sera's Antonio Polito says the EU must show "humility" in addressing public concern about its policies.
La Repubblica's financial analysts say the wave of Euroscepticism means the "end of globalisation" and the grim possibility of a fall in Italy's growth rate this year.
The paper also devotes considerable space to the idea of an independent London. Enrico Franceschini likes the idea, declaring "Enjoy your Little England. But leave London out of it. Shall we begin collecting signatures to found the London Free State?"
Spain's El Mundo focuses on the harm it sees Brexit doing to the European economy, but is sure that EU-UK relations will remain strong.
In the Dutch NRC Next tabloid former European Commission official Luuk van Middelaar calls on European leaders to "hold the line" against populist Eurosceptics, by showing that Brexit is "an amputation, not a death blow".
The leaders must address "disillusionment with the EU among their own voters", by strengthening EU border controls and reinforcing the eurozone, he says.
De Telegraaf's front page suggests that the EU fears the Netherlands will be next to seek an exit referendum.
A poll it carried out shows most voters fearing exit would be "bad for our wallets" and reduce the country's role on the world stage, but their lead over "Nexit" supporters is narrow.
The editorial in Sweden's Dagens Nyheter sees a "dark day for Europe" and in particular for Sweden, which it considers to be one of the "big losers" by Brexit because the UK was its "important ally on free trade, being a non-euro economy".
It calls for a "strong and well-coordinated EU" to meet the challenges of migration and Russia's new assertiveness. Like most other papers, it says Europe must address the concerns of a sceptical public who "vote as citizens of their own countries, not as Europeans".
A leading Polish daily, Rzeczpospolita, has published an interview with former Polish president, Aleksander Kwasniewski, who is unforgiving.
He says British anti-migrant sentiment is "terrible hypocrisy". "They need migrants like they need air, then use them to present a negative narrative," he complains.
As for the impact of Brexit on Europe, he is more restrained. "It's not yet the greatest misfortune, but still quite a big headache."
And beyond the EU...
The UK vote is still a top story in Russia, with official TV channels making much of the protests in London and Scotland, calls for a referendum in Denmark, and Spain "trying to break off a chunk of Britain" in the form of Gibraltar.
Analyst Alexei Mukhin tells the Moskovsky Komsomolets newspaper that "Brexit is playing out in Russia's interests" because "Britain was the EU member most hostile to Russia, and its departure will make the EU more friendly".
Columnist Yulia Latynina writes in the independent daily Novaya Gazeta that British voters "rose up" against the EU because it is a "massive socialist state, devouring the ruins of European civilisation".
Some commentators wonder whether the UK will use its new status to forge stronger links with Asia.
The Times of India says India may be hit by post-Brexit market uncertainty, and Indian companies will have to reconsider using Britain as "the springboard to Europe". The paper sees protectionist tendencies as a threat to emerging economies like India.
Tokyo's Asahi Shimbun fears that Britain may seek closer ties with China and thereby "endanger Japan's national security, in light of moves by Beijing to strengthen its maritime presence in the region".
Rwanda's official New Times flags up the possibility of the UK breaking up, and urges African countries to draw the lesson that "there is strength in unity, and staying together is healthier than being a lone wolf".
Yes, it is all quite satisfying to see the BBC, for once, floundering around impotently while the Brits flex their new found muscles of independence from the ever-tightening EU noose. Nobody says it better than David Icke. Here's David Icke, telling it like it is about the short and long term implications of the BREXIT vote. Go to the 18.00 minute mark in the video to hear what he thinks about Jeremy Corbyn.