Spain claimed their first major title for 44 years after winning Euro 2008 with a deserved victory over Germany!
Liverpool striker Fernando Torres was Spain's goal hero, striking after 33 minutes when he cleverly lifted Xavi's pass over Germany keeper Jens Lehmann.
Spain dominated the final throughout, with Torres heading against the post and Marcos Senna almost adding a second from close range after 80 minutes.
Michael Ballack came close for Germany, shooting narrowly wide after the break.
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Spain have long had a reputation as under-achievers on the big occasions, but this was a richly-merited victory for veteran coach Luis Aragones and a team that played outstanding football throughout the tournament.
Germany were outclassed, and for captain Ballack his catalogue of misery in major finals continues having lost two Champions League finals and also been suspended for the 2002 World Cup final when they lost to Brazil.
Match-winner Torres enhanced the reputation he forged at Liverpool last season, but this was an all-round effort for a side that is young enough to already be marked down among the favourites for the 2010 World Cup in South Africa.
Germany were lifted by Ballack declaring himself fit after a calf injury - but he had little impact on a first 45 minutes in which Spain were the vastly-superior side.
Andres Iniesta almost created the opening goal for Spain in the 13th minute when his driven cross took a deflection off Christoph Metzelder, but Lehmann pulled off a fine reflex save.
And they came even closer nine minutes later when Torres rose to meet Sergio Ramos's cross, but his header bounced to safety off the post.
But he was not to be denied and put Spain ahead with a trademark piece of sharpness in front of goal after 33 minutes.
Xavi's pass created uncertainty for Germany defender Philipp Lahm and Torres shrugged him off the ball to lift a superb finish beyond Lehmann.
Germany's problems threatened to worsen when Ballack needed lengthy treatment for an eye wound after a clash of heads with Marcos Senna.
David Silva then wasted a perfect opportunity to double Spain's advantage when he was set up by Iniesta, but he rushed his finish and shot wildly over the top.
Germany made a change at half-time, sending on Marcell Jansen for Lahm, but it was still Spain who dominated.
Xavi and Silva were both off target - but Germany were sticking to their task and almost grabbed an equaliser when Ballack shot just wide after Carles Puyol had conceded possession in a dangerous area.
Spain continued to look the more threatening side, but there was still the lingering prospect of Germany's refusal to accept defeat yielding an unlikely equaliser.
Silva was fortunate to stay on the pitch when he appeared to motion to head-butt Germany's Lukas Podolski, but Italian referee Roberto Rosetti decided against taking any action.
Ramos should have put the game beyond Germany's reach after 66 minutes when he headed straight at Lehmann from point-blank range as he got on the end of Xavi's free-kick.
Iniesta then had a shot cleared off the line by Torsten Frings and another effort saved by Lehmann as Spain looked in the mood to add a second.
And Germany had a remarkable escape after 80 minutes when substitute Daniel Guiza - on for Torres - headed the ball straight into Senna's path right in front of goal, but he could not apply the final touch.
Spain were not made to pay for their generosity in front of goal and ran out worthy winners.
What are your thoughts on Spain's success? Does their stylish brand of football demonstrate that a bucannering approach can work in what is normally a more defence-orientated international arena? No-one can deny Spain deserved to win on the night, but were they the best side in Austria and Switzerland over the course of the whole tournament?