Pedro Almodovar's Volver and Agustin Diaz Yanes' Alatriste are the leading contenders for Spain's Goya Awards, taking 14 and 15 nominations respectively.
The two movies will go head-to-head at the end of January in the Best Film and Best Director categories.
Guillermo Del Toro's Pan's Labyrinth--which picked up 13 nominations--and Manuel Huerga's Salvador--with 11 nominations--are also up for Best Film and Best Director.
Volver and Pan's Labyrinth--Spain and Mexico's respective entries for next year's foreign-language Oscar--are both up for Best Script, alongside Daniel Sanchez Arevalo for Darkbluealmostblack and Jorge Sanchez-Cabezudo for The Night of the Sunflowers.
Penelope Cruz is nominated for Best Actress (Volver) alongside Maribel Verdu (Pan's Labyrinth), Marta Etura (Darkbluealmostblack) and Silvia Abascal (La Dama Boba).
Volver dominates the Best Supporting Actress nominations with Carmen Maura, Blanca Portillo and Lola Duenas all in the running, as well as Ariadna Gil (Alatriste).
American-born actor Viggo Mortensen and German Daniel Bruhl are named in the Best Actor category for Alatriste and Salvador respectively, alongside Sergi Lopez (Pan's Labyrinth) and Juan Diego (Leave Me).
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Spanish moviemaker Pedro Almodovar was celebrating last night after his Penelope Cruz-starring film Volver beat off stiff competition to represent his homeland at next year's Oscars.
The movie was chosen ahead of Agustin Diaz Yanes' Alatriste and Salvador by Manuel Huerga by the Spanish Film Academy to battle it out in the foreign language category.
Almodovar, 54, insists he was astonished by the choice after a long-running feud with the judging committee. Last year, he quit the Spanish Film Academy in a feud over voting procedures and how Spain's candidate for the Oscars was chosen.
He says, "I am extremely happy. Of course we have the possibility of winning."
Cruz plays a young mother whose own mom returns from the dead in the movie, which has already won awards at this year's Cannes Film Festival and the San Sebastian Film Festival.
Almodovar is already a double Oscar winner after clinching prizes for All About My Mother in 2000 and Talk to Her in 2002.
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