The stakes could not be higher and the fact that these two countries border each other only adds to the occasion.
Portugal have surprised a few people in getting to this stage of the tournament as many had tipped them to drop out at the group stages against such tough opponents.
However they managed to make the quarter-finals and put in a good performance to beat Czech Republic 1-0 and reach the final four.
Cristinao Ronaldo was the man on the score sheet in that encounter and he was fantastic throughout the 90 minutes. Make no doubt about it, Ronaldo holds the key to Portugal’s success and if he is in similar form this time out, Paulo Bento’s men could find themselves in the final.
Bento’s side have got better as Euro 2012 has gone on and he will now need the biggest performance of them all from his team if they are to make the final.
As for Spain, they have yet again dealt with favourites tag superbly and have made the semi-finals without being at their best, which shows what a great side they are.
Vicente Del Bosque will be hoping that his big name players will show their experience in these kinds of situations and he will know they need to raise their game on Wednesday evening.
The World and European Champions have twice played without a recognised striker in Euro 2012. Not many teams could get away with doing this but Spain’s midfield possesses so much talent that Del Bosque wants to get them all on the pitch.
Xabi Alonso was the hero in the quarter-final over France. The Real Madrid man scored twice and was fantastic throughout the match.
Spain are unsurprisingly the favourites to come out on top here with their experience and knowhow in tournament football over recent years. You can back them at 2.00 (evens) with SkyBet.
Portugal will have to upset the odds to make the semi-finals which is something they have already done in the tournament. They are being offered at 4.60 (18/5) with William Hill.
A draw and the game going into extra time is available at 3.40 (12/5) with StanJames.
After scoring three goals in the last two games, Cristiano Ronaldo is one of the favourites to open the scoring with odds of 7.00 (6/1) with Ladbrokes.
Spain could play without a front man again this time out which makes Cesc Fabregas one of their best chances of breaking the deadlock. You can back him at 8.00 (7/1) with SkyBet
Both these times love to play an attacking style of football and we could be in for a treat in this encounter. A 3-2 win for Spain has odds of 51.00 (50/1) with VC Bet.
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