Chloe Kelly scored the late winner as England women clinched their first major title.
Even Russo's England teammates were left dumbfounded by the goal.
Stanway let one fly from distance to fire her side into the semifinals with a 2-1 extra-time victory over Spain.
Switzerland are due to play Sweden in their second match of the European Championship in Sheffield on Wednesday.
Rangnick, who will make way at United for Erik ten Hag at the end of the season, has said he will also stay on in a consultancy role at the Premier League club.
Loew, who has a contract until 2022, led Germany to the World Cup title in 2014 but his team bowed out in the first round in 2018 and has been struggling to perform at top level in recent years.
'This choice is in line with UEFA's commitment to make EURO 2020 sustainable and not to generate additional amounts of waste,,' said a statement from the European football's governing body.
The 2020 edition, brainchild of former UEFA president Michel Platini, was supposed to be the first staged across the continent, rather than by a single or joint host nations.
Europe has become the epicentre of the coronavirus pandemic, with Italy and Spain on lockdown, France gradually following suit, and other countries closing borders to halt the spread of the outbreak.
One possible solution for the European Championship could be to delay the tournament by a year until 2021.