In December 2005, Portugal was selected to host the finals of the competition, which took place from 23 May–4 June 2006.

The tournament was won by the Netherlands, who beat Ukraine 3–0 in the final.

The draw for the finals groups took place on 8 February 2006.

The finals took place between 23 May and 4 June 2006 in Portugal.

Players born after 1 January 1983 were eligible to play.