Brussels, 28/06/2013 (Agence Europe) - At the European Summit on 27 and 28 June, the president of the European Council, Herman Van Rompuy, relayed a message from Cyprus, calling for help. The EU27 reacted positively, inviting the EP and Council of Ministers to examine potential flexibility in the multiannual financial framework, including the flexibility instrument, to “address the particularly difficult situation” in Cyprus in the annual budget process. This might result in lower co-financing rates or a higher share of funding for Cyprus. A Cypriot source says a meeting has been scheduled on Wednesday 4 July between the president of the ECB and the president of Cyprus, the island's finance minister and the president of the Cypriot central bank, where they will discuss Laiki's ELA debts to the ECB, which have now been transferred to the Bank of Cyprus. An ECB source confirmed that the meeting has been scheduled but said: “I find it hard to see a solution to the ELA that would not constitute monetary lending”, which is not allowed under the EU treaties. (EL/transl.fl)