It's not the gold, but co-hosts Italy collected their first medal at the U20 European Championship Men since 1994 in beating Russia 74-63 for the bronze.
Luigi Da Tome (pictured) led the way with 26 points and Pietro Aradori added 11 points for the 1992 gold medal winners and 1994 runners-up.
Invincible Spain Edge Russia For Place In Final // 14 July 2007
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.
There will not be a semi-final or final between the co-hosts Italy and Slovenia after Russia knocked off the Slovenians 63-55 to book their spot in Saturday's semi-finals of the U20 European Championship Men.
Russia's defence held Slovenia scoreless over the final five possessions and forced 23 turnovers in the game while Petr Gubanov provided a crucial offensive spark off the bench for the victory in the final game in Group E.