We report results on the temperature dependence of the susceptibilities of a set of MBE-grown short-period EuTe/PbTe antiferromagnetic superlattices having different EuTe layer thicknesses. In-plane and orthogonal susceptibilities have been measured and display a strong anisotropy at low temperature, confirming the occurrence of a magnetic phase transition in the thicker samples, as seen also in neutron diffraction studies. We suggest that dipolar interactions stabilize antiferromagnetic long-range order in an otherwise isotropic system and we present numerical and analytical results for the low-temperature orthogonal susceptibility.