Tens of thousands gathered in central Madrid to watch their team beat Italy 4-0 and shout out “Gol!” more times than they thought possible. Even better for Spain, the country's team became the first ever to win a Euro, then a World Cup and then another Euro.
“We needed this win to counteract the suffering caused by the crisis, which seems endless,” said a smiling Antonio Ferrillo in downtown Madrid as cars drove by with passengers yelling “Espana!, Espana!” as they waved the country's red and yellow flag.
Spain has the highest unemployment rate in the 17-nation eurozone, is immersed in a deepening recession and recently asked for a bailout to prop up its hurting banks.
Note EU-Digest: if each of the players in the Spanish team would give one year of their wages to the Spanish treasury it could certainly make quite a positive dent in the ailing Spanish economy .
Read more: Spain erupts in joy after historic Euro 2012 win - The Globe and Mail
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