Loser:Finland, Odds: 27% (3.6:1)
Bets placed: E$20855, betting open: 13:32 GMT 14 Jan 2003 to 19:59 GMT 17 Jan 2003

Winner:Sweden, Odds: 72% (1.3:1)
Bets placed: E$64080, betting open: 13:32 GMT 14 Jan 2003 to 19:59 GMT 17 Jan 2003

Last year's finalists face each other now in the quarterfinals. Last year Sweden won and took the cup.

Although Sweden won the last 2 Nationscups, the Fins seemed to be stronger in the groupstage. Finland won all 3 games, Sweden lost one of their three matches.