Skipper Raul scored from the penalty spot 12 minutes into the second half as Spain escaped with a 1-1 draw.
Valencia will meet Olympique Marseille in the UEFA Cup final after a 1-0 aggregate win over Villarreal.
A last-gasp strike from Ronaldo helped his side snatch a 3-2 win at Valladolid.
Real Sociedad moved above Real Madrid into second place behind leaders Deportivo after a 3-1 win over an in-form Real Mallorca in the Spanish League.
A 14th minute goal from Christian Vieri gave Inter Milan a 1-0 win over Valencia in the first leg of their Champions League quarter-final on Wednesday.