SPAIN AND GERMANY CONSIDERED CO-FAVOURITES TO WIN EURO 2012

After a splendid World Cup for both sides, Spain and Germany are currently listed as the very strong favourites to win Euro 2012, which will be played in the Ukraine and Poland. Spain will be looking to defend their Euro title that they won back in 2008- marking their emergence onto the World Stage. Germany emerged as one of the most likable teams at the 2010 World Cup in South Africa and you can absolutely bank on them putting in a first-rate performance with such a young and dynamic crowd of players. 
As it currently stands, Bet365 has listed Spain and Germany's odds to win Euro 2012 at 4/1 for each side. These listed odds will remain in effect until the weekend when the first Euro 2012 Qualifiers start. 
This is a tremendous opportunity to back a potential winner as the prices will start to shorten once the teams begin to plow through their groups. There is so much dead-weight in these groups that many of them look to be near-locks already. 
Holland are the third favourites with a 15/2 price instilling plenty of confidence. This is a great team that should maintain their core from the World Cup- I think they'll be dangerous once again. 
England's odds to win Euro 2012 are trading at 8/1, making them the solid fourth-favourites to win the title. They really should have put in a better shift at the World Cup but if they can keep the backroom issues off the pitch (and get the referees to actually give them credit for their goals) then England will be competitive. Personally, I'd be willing to do business around 12/1. 
Italy are listed at 9/1 to win Euro 2012 while France are priced too short at 12/1. They simply need so much changed in order to be a functioning side again, they may have to wait until 2014 for any serious International challenge. 
Portugal are also priced at 12/1 but this side just doesn't look balanced to me. The odds then take a big jump to Russia at 22/1 and I actually fancy Russia to really give this one a go. They didn't make the World Cup, but that was a pretty serious fluke. I think 22/1 is a solid price for this team, which could bring plenty of travelling support with them. 
Other notable prices include Croatia at 25/1, Turkey at 40/1, Sweden at 50/1, Republic of Ireland at 66/1 (what a story that would be), Israel at 200/1, Wales at 250/1 and Iceland at 500/1.