By FOX Sports Staff
Spain are currently the most successful side in international side having won the 2010 World Cup, Euro 2008 and Euro 2012 but Parreira believes that defending Confederations Cup winners Brazil can end their winning run when both sides meet on Sunday at the Maracana.
"It is now the time to end the era of Spain," said Parreira, who has previously coached Brazil to World Cup glory back in 1994.
"I have been talking with Scolari and the coaching staff and now is not the time to change tactics.
"We have to maintain the line we have taken so far. Brazil are playing at home and have to keep the initiative in the game.
"This is the game that everyone hoped for, but the fans would not have chosen this opponent for the final.
"But, since it is Spain, we welcome them. Brazil are in an excellent moment, they have confidence, it is easy to see.
"Scolari has done a wonderful job this past month. We have played against five world champions and not lost a game. We look ahead knowing that we will play very well.
"We know that Italy had a wonderful first half against Spain [on Thursday], showing that with will, determination and intelligence, it is possible to beat Spain."