Going by two-year cycles:
Decline:
Netherlands: decent in 1980 Euros, DNQ 1982
Italy: winners 1982, DNQ 1984. Third place 1990, DNQ 1992. RU 1994, group stage 1996.
Improvement:
Sweden: Dire in 1990, very decent 1992, excellent 1994.
Czechia, Denmark and Greece all won a Euros after a DNQ World Cup. Proof maybe that you don't need four years to build a top side.
Italy won in 1968 after a dire 1966
England: woeful 2016, SF 2018
Decline:
Netherlands: decent in 1980 Euros, DNQ 1982
Italy: winners 1982, DNQ 1984. Third place 1990, DNQ 1992. RU 1994, group stage 1996.
Improvement:
Sweden: Dire in 1990, very decent 1992, excellent 1994.
Czechia, Denmark and Greece all won a Euros after a DNQ World Cup. Proof maybe that you don't need four years to build a top side.
Italy won in 1968 after a dire 1966
England: woeful 2016, SF 2018
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