Finland started the championship at home in Tampere with a victory over Sweden, as well as beating Great Britain and Montenegro, but only lost to Lithuania 78:81 and conceded the superiority of world champion Germany. In the round of 16, the Finns provided one of the biggest surprises of the tournament, defeating Serbia 92:86.

Georgia also pulled off a surprise in the round of 16, defeating France 80:70. In the group games in the Cypriot city of Limassol, the Georgians defeated Spain 83:69, lost to Italy and Greece, defeated the home team and lost to the Bosnia and Herzegovina team.

Finland's highest finish at the European Championship so far has been sixth place at home in 1967, while Georgia has not finished higher than 11th place in 2011.

On Tuesday, Turkey beat Poland 91-77, while Greece defeated Lithuania 87-76.

The semifinals will be held on Friday, and the medal games on Sunday.

The Latvian national team finished the European Championship in 12th place after losing in the round of 16.

The European Championship final tournament featured 24 teams divided into four groups in Riga, Tampere, Katowice and Limassol. The top four teams from each group qualified for the play-off tournament in Riga, where the medal winners will be determined on Sunday.