Eight national teams entered the event under the auspices of FIBA Europe, the sport's regional governing body.

The Dom Sportova in Zagreb was the hosting venue of the tournament.

The host, Yugoslavia, won its fourth FIBA European title by defeating the defending champions Greece, with a 98–77 score in the final.

Yugoslavia's Dražen Petrović was voted the tournament's MVP.

The five best teams in the final standings were given berths to the 1990 FIBA World Championship.