Serbia became the first nation to defend their U20 European Championship Men title with Most Valuable Player Milos Teodosic scoring 22 points and handing out five assists in an 87-78 victory over Spain in Sunday's final.
The title also meant the end of a golden generation for Serbian basketball as the nucleus of the team also captured the 2003 U16, 2005 U18 and 2006 U20 championships.
Spain have advanced to their first semi-finals of the U20 European Championship Men since 2002 and already improved greatly on their struggles of 11th, 13th and 11th placed finishes over the past three summers.
One of the biggest reasons for the Iberians' undefeated push to the final against reigning champions Serbia is Spain's balance as a team.
Spain advanced to the final of the U20 European Championship Men for the first time since 2002 and third time overall after Pau Ribas scored 21 points including two late free throws to secure a 76-69 victory over Russia.
The 1996 and 2002 silver medallists played a superb team game and in the end overcame a bigger Russian side to reach Sunday's finale in Gorizia as the only undefeated team left in the tournament.
Spain grabbed top honours in Group F of the U20 European Championship Men as Xavier Rey and Pau Ribas combined for 45 points in leading Spain to a 89-75 victory over co-hosts Italy.
The undefeated Spaniards used a 28-13 run spanning the third and fourth quarters to blow the game wide open in front of the home Italian crowd in Gorizia.
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