European Champion Olympiacos!
The Greek team won its second European title.
The championship ended with Olympiacos winning the 2012 edition of the Euroleague Basketball Final Four, played in Istanbul. The Greek team, who beat CSKA Moscow, enjoyed an incredible comeback: down 19 points in the third quarter recovered by winning the game with just a one point difference, 62-61. It was one of the most exciting games in Euroleague history. For Olympiacos this is the second title in their history, after the one they won in 1997. The third place went to FC Barcelona, which won the consolation final 74-69 against the Greek of Panathinaikos.