Spain are of course the favourites coming into the tournament.
However, as we all know, they have their injury problems and could find it tough without all time leading goal scorer David Villa.
They will have to be at their best win a third major tournament in a row and if they are not there are many teams waiting in the wings to take advantage of a slip-up.
The Netherlands look to be one of the in form sides going into the competition. They thrashed Northern Ireland 6-0 over the weekend.
Robin Van Persie was on the score sheet twice too and the Arsenal forward is showing no sign of letting his hot streak in front of goal stop and he could be the player to watch this summer.You can back Holland at 7/1.
Germany are the second favourites with the bookmakers to lift the trophy and they had a welcome return to form against Israel which put an end to their two game losing streak.
You can never right Germany off in tournament football and they could be finding some momentum at the right time.
Looking at some of the contenders, England finished their pre Euro 2012 friendly’s with a 1-0 win over Belgium. That’s now two 1-0 results for The Three Lions under Roy Hodgson which shows that he has installed his style of play into the side.
England will be tough to beat and extremely well organised but maybe not overly exciting at times. This could be a winning formula for Hodgson and England could cause a few upsets.
Other contenders France play a friendly against Estonia on Tuesday evening while Portugal has their confidence dented with a 3-1 loss at home to Turkey.
In terms of outsiders, Russia look to be the side that could potentially go all the way. They are being offered at 22/1 and had a stunning 3-0 win over tournament hopefuls Italy on Friday evening.
With Czech Republic, Poland and Greece in their group, Dick Advocaat’s men will feel confident about progressing to the knockout stages.
After that, anything can happen and Russia have the players with the experience to beat anyone on their day.
It looks like being one of the best European Championships ever with every side fancying their chances, especially after Greece won the tournament back in 2004.