Germany coach Joachim Low has said title talk is cheap after his young team showed plenty of potential at the UEFA Euro 2012, but came up short when it mattered in their 2-1 semi-final defeat by Italy.

For all their promise as one of the pre-tournament favourites, along with Spain, after winning all ten of their EURO 2012 qualifying matches, Low's team had their 15-match winning streak in competitive matches abruptly ended by the Italians.

The solid defence the Germans are known for was exposed by Balotelli's power and pace, while the silky skills of midfielders Bastian Schweinsteiger and Ozil fell short against the Italian midfielders Andrea Pirlo and Riccardo Montolivo.

Ozil was only one of several Germans who lost out in comparison with the street-wise Italians, but Low, who is under contract until the 2014 FIFA World Cup Brazil™, said Germany's time will come.

"That's all part of the development of the team. You can't get a title by just talking about it," said the 52-year-old. "Spain had to wait a long time (to win the 2010 FIFA World Cup and EURO 2008).

You can't get a title by just talking about it.

Joachim Low, Germany coach

"In the second half, we did everything we could to turn the game around. We played with real heart. Apart from the defeat, this tournament was very good and it's a learning process. Playing at this top level with these teams, there is not much between them.

"Just one moment can be decisive as to whether you win or lose. The team has really moved forward in the last two years, we've caught up with lots of nations who were ahead of us and now we're at the same level as the really top teams. We didn't make it today, but there will be a chance in the future.

"The energy was there, we wanted to get to the final and we always felt that, but today, in the first half, we fell behind. That's why we're sitting here and that's why we are disappointed."

Low said Italy deserved their victory and added the Italians have a chance against defending champions Spain in Sunday's final in Kyiv. "Spain weren't quite as strong in the last few games as they were in 2010," said Low.

"I think it will be totally open, the Italians will have the confidence gained from winning against England and now against us."