Russia captured their second continental championship and booked a spot in the 2008 Olympics by holding off Spain 74-68 in Sunday's final of the 2007 EuroBasket Women, but not before they nearly blew a 21-point lead.

Ilona Korstin led the way for Russia with 18 points while Tatiana Shchegoleva chipped in 14 points off the bench including the decisive lay-up with 13 seconds remaining after Spain had missed a chance to trim the margin to two points 10 seconds earlier.