UEFA president Michel Platini insists no decision has yet been made on the future of the Under 21 Euros.
Already-eliminated Germany finished their U21 European Championship on a high with a 2-1 win over Russia.
Holland took a huge step towards the semi-finals of the European Under-21 Championship with a 5-1 win over Russia.
Alvaro Morata's late header earned Spain a 1-0 victory against Russia in their U21 Euros opener.
Alan Dzagoev, who starred for Russia at Euro 2012, will be playing for their Under-21s at the European U21 Championship.
Pictures from the history of the European Under-21 Championship, featuring several stars in their youth.