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Austerity cuts take human toll
Lambrousi Harikleia threatens to jump from Athens office after layoff. Picture: Thanassis Stavrakis/AP

A Greek woman spent more than five hours on the edge of a balcony in Athens overnight, threatening to jump because she had just lost her job.

According to the Athens News this morning, Lambrousi Harikleia and her husband climbed to the second-storey balcony of the Labour Housing Organisation, the housing agency where she worked until this week.

The agency is scheduled to be shut down under Greek's new austerity cuts.

Police and fire department officers quickly persuaded her husband not to jump, but the woman remained on the ledge for more than five hours. Late last night she was talked down, the Athens News reports.

Mrs Harikleia's suicide threats come after Prime Minister Lucas Papademos agreed to make dramatic spending cuts in Greece in order to secure an international bailout of $172 billion.