In the final against the German National Basketball Team, led by the prodigious NBA All-Star Dirk Nowitzki, Papaloukas scored 22 points, leading Greece comfortably to its second European title, eighteen years after its first win at the EuroBasket 1987. As such, Papaloukas was selected to the All-Tournament Team of the EuroBasket 2005, along with fellow Greek team player Dimitris Diamantidis, Spanish National Basketball Team shooting guard Juan Carlos Navarro, French National Team swingman and NBA player Boris Diaw, and Nowitzki, who also claimed the MVP title.