Holland are also a strong chance to win. I'm surprised they are such longshots.
The last Euro held in Germany was won by Holland (1988) and current coach van Basten scored a goal in that game.
Arjen Robben holds the key to their chances. Martin Jol has claimed he is the best Dutch player since Cruyff
http://www.a2bworldcup.com/arjen_robben.html8 goals in 31 caps is a pretty good strike rate for a midfielder/winger and he has 50 career goals overall.
They've drawn the group of death with Italy and France, but if they catch one of those teams on an off day they could go through and would benefit from the experience, imo.