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Penelope Cruz is planning on wedding her longtime bf, Javier Bardem, possibly as soon as the upcoming holidays, a friend of Pene's tells ITW.

“They will marry very soon, maybe even over the holidays,” a friend tells the mag. In fact, according to the pal, Penelope's already shopping for wedding gowns!

“Since she and Javier are from Spain, she’d love to have a Spanish designer create her dream gown," and that dream gown may come from Balenciaga, the same house that created her BFF Salma Hayek's gown!

So the only question is, can Pene get a gown designed in time for a winter wedding... and one that will hide her maybe-baby bump?