Obama Said to Unveil $1 Billion European Security Fund in Poland
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U.S. President Barack Obama plans to announce a $1 billion fund to help boost defensive capabilities of European allies shaken by Russia’s annexation of the Crimean peninsula from Ukraine, according to a U.S. official.
The “European Reassurance Fund” may be unveiled by Obama as soon as today in Poland during his visit there, according to the official, who asked not to be identified discussing the move before the announcement.