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A zoo keeper planted England and Italy flags in the ground and the meerkats' task was to knock one down. It took them about five minutes to choose England.
This is only England's second appearance in a major final but will be Italy's 10th.
The coach admitted the Azzurri had to suffer to reach their first major tournament final in nine years.
Spain missed two of their spot-kicks, including one by substitute Alvaro Morata, whose late equaliser had taken the game into extra time.
Former England footballer Gary Lineker mocked the 31-year-old Lazio player.
Belgium were among the favourites for the tournament, having spent more than 1,000 days at the head of the FIFA rankings.
Italy set up a semifinal clash against Spain after first half goals from Nicolo Barella and Lorenzo Insigne led them to a 2-1 win.
Mikel Oyarzabal struck the winning penalty after Switzerland's Ruben Vargas fired over the bar as Spain won 3-1 in a shootout following a 1-1 draw.
Romelu Lukaku will likely be the main attacking threat when Belgium takes on Italy in Munich on Friday in the Euro 2020 quarterfinals. The Inter Milan forward has scored three goals in his team's four victories so far.
Switzerland meet Spain in the first quarterfinal on Friday (9.30 pm IST), while Belgium clash with Italy in a mouth-watering clash (Saturday, 12.30 am IST).
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