The 23-year-old maintains that his focus is not on a rematch of the Euro 2008 final, which saw die Mannschaft lose 1-0 to Spain, and insists that beating Italy should be the only thought in his mind.
Germany have failed to beat the Azzuri in seven previous tournament meetings, and the Real Madrid star feels the result is not a formality, despite Joachim Low's side going into the match clear favourites.
"It would be wrong for me to say Germany against Spain would be a 'dream final'," Ozil told reporters. "There are four teams in the semi-finals and we need to make the next step, which also applies to Spain.
"We're fully concentrated on Italy and Italy only, and only then will we see who we play against. At the end of the day, it doesn't really matter whether it's Spain or Portugal, does it?
"Italy are very strong, they are technically superbly organised. If we play to our full potential then we'll come up winners."
Germany enjoyed two extra days of rest than the Italians, but Ozil was quick to put a stop to any suggestions that Prandelli's side won't be fully prepared.
"The Italians will have enough of a break," he added. "They are the surprise package of the tournament. Even against the reigning world champions, Spain, they had a fantastic game in the group stages.
"They're absolutely there where they rightly belong."
Germany and Italy kick off at 20:45CET on Thursday.