| | Final Ranking | pt | won | lst | pf | pa | p+- | | 1. |  Yugoslavia | 8 | 4 | 0 | 378: | 299 | +79 | | 2. |  Bulgaria | 7 | 3 | 1 | 381: | 356 | +25 | | 3. |  Turkey | 6 | 2 | 2 | 357: | 381 | -24 | | 4. |  Greece | 5 | 1 | 3 | 340: | 406 | -66 | | 5. |  Romania | 4 | 0 | 4 | 349: | 363 | -14 |
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| date | team 1 | score | team 2 | HT | | Wed 21.12.88 | Yugoslavia | 105-82 | Bulgaria | 49-44 | | Wed 21.12.88 | Turkey | 80-77 | Roumania | 42-40 | | Thu 22.12.88 | Yugoslavia | 98-67 | Greece | 45-36 | | Thu 22.12.88 | Bulgaria | 112-96 | Turkey | 61-51 | | Fri 23.12.88 | Bulgaria | 94-66 | Greece | 49-39 | | Fri 23.12.88 | Yugoslavia | 88-83 | Romania | 44-49 | | Sat 24.12.88 | Bulgaria | 93-89 | Romania | 47-49 | | Sat 24.12.88 | Turkey | 114-105 | Greece | 45-40 | | a3ot ; FT: 83-83, 1OT: 93-93, 2OT: 99-99 | | Sun 25.12.88 | Greece | 102-100 | Romania | 50-46 | | Sun 25.12.88 | Yugoslavia | 87-67 | Turkey | 41-29 |
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