The 1987 FIBA European Championship, commonly called FIBA EuroBasket 1987, was the 25th FIBA EuroBasket regional basketball championship, held by FIBA Europe. It was held in Greece between 3 and 14 June 1987. Twelve national teams entered the event under the auspices of FIBA Europe, the sport's regional governing body. The Peace and Friendship Stadium, located in the Neo Faliron in Piraeus, Attica, was the hosting venue of the tournament. The host, Greece, won its first FIBA European title by defeating the defending champions and heavily favored Soviet Union, with a 103–101 score in a gripping final decided in overtime. Greece's Nikos Galis was voted the tournament's MVP.

Venues

All games were played at the Peace and Friendship Stadium in Piraeus, Attica.

Qualification

A total of twelve teams qualified for the tournament. To the top seven teams from the previous tournament, four more teams were granted berths via a qualifying tournament. Greece qualified as hosts of the tournament.

Squads

Format

Preliminary round

Group A

Group B

Knockout stage

Championship bracket

Quarterfinals

Semifinals

Third place

Final

5th to 8th place

9th to 12th place

Awards

Final standings