Vicente Del Bosque believes the Netherlands and Germany will be Spain's biggest rivals when they defend their European Championship title this summer.
Asked in an interview with German magazine Kicker to name the Euro 2012 favourites, the Spain coach said: "After what they showed at the World Cup and since then it will above all be the teams from the Netherlands and Germany."
"Behind there are four teams who can win," he continued, citing Portgual who have "one of the best players in the world (Cristiano Ronaldo) and a solid team."
Del Bosque believes former champions France have a "renewed squad" while England and Italy can also be considered in the running.
Concerning his own side, the defending European and world champions, he added: "The entire team know that as the reigning European champions the heavy weight of responsibility lies on our shoulders.
"But everyone in the team wants to defend our current position in world football even if this task looks tricky."
The tournament co-hosted by Ukraine and Poland runs from June 8 to July 1.