I am not totally up on the nuances of European politics, but I know it is generally it is the right who is for spending cuts, less government, and privatization of inefficient state owned enterprises. After all it was Margaret Thatcher who did those things in Britain, while the Tories are making cuts in Britain that Labour would never dare make. I will admit I am more familiar with British politics than that of other European countries.
An amusingly naive perspective.
In this case it is the left who are making the cuts (and taking the heat for it) while the right claims that the cuts are not necessary and that
they will restore everyone's benefits. Of course, they wouldn't actually do so, which is why it is particularly perverse that the right is gaining from the left imposing austerity. You should, you know, learn something about a country's politics before commenting on them.