Georgia raced out to a 26-8 lead by the end of the first quarter and stormed to an 88-60 victory at Luxembourg to remain just one game behind Finland in EuroBasket Division B Group C.
Needing a success to keep pace with the Finns, who brushed aside Austria 87-63 in their game on Tuesday to improve to 5-0, the Georgians got 16 points apiece from Zaza Pachulia and Manuchar Markoishvili.
Finland destroyed Luxembourg 111-53 for their fourth victory in EuroBasket Division B.
Seven Finns finished in double figures scoring, led by Petteri Koponen’s 19 points.
Iceland coach Sigurour Ingimundarson has admitted his team need to treat every game like a final from now on in if they are to win promotion to EuroBasket Division A.
His side have now lost their opening two games in Group C following Saturday's 80-65 defeat in Georgia.
Austria rose from the dead in the fourth quarter to stun hosts Luxembourg in Group B.
Trailing 57-40 after Martin Rajniak's basket for Luxembourg at the end of the third, the Austrians looked destined for defeat but they outscored their hosts 24-5 over the last 10 minutes and won 64-62.
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