Angerer, 34, is Germany's captain and is widely regarded as being one of the best if not THE best female goalkeeper in the world.
And she came to the rescue twice in Sunday's final, keeping out Trine Bjerke Ronning's spot-kick after half an hour then denying Solveig Gulbrandsen with a brilliant save just after the hour mark.
By the time the second penalty was saved Germany were leading 1-0. And they rode their luck later on, as Norway had a goal disallowed among many chances.
Angerer's heroics will live long in the memory, pouring scorn on critics of the women's game who claim the keepers are well below the level of outfield players.
But she played it down in modest fashion, saying afterwards: "Penalties are all about luck. They are easier for a goalkeeper (than the taker).
"We have a good team spirit, I don't think we have space for individualistic flair. That's why we are getting better and better."
It was a remarkable SIXTH straight title for the Germans, who have usurped the United States and Brazil as the dominant force in women's football.
"I cordially congratulate you and the team for the eighth European championship title of the German women's national team," German Chancellor Angela Merkel said in a message to coach Silvia Neid.
"Your team impressively proved its international class with football of the highest level. It inspired people in our country with its passionate and battling playing style."
Penalty save number one (0-0)
Germany goal (1-0)
Penalty save number two (1-0)