Also, starting in Python 2.5, relative imports are possible. e.g.:
from . import foo
Quoting from http://docs.python.org/tutorial/modules.html#intra-package-references:
Starting with Python 2.5, in addition to the implicit relative imports described above, you can write explicit relative imports with the from module import name form of import statement. These explicit relative imports use leading dots to indicate the current and parent packages involved in the relative import. From the surrounding module for example, you might use:
from . import echo
from .. import formats
from ..filters import equalizer