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US Ready to Invest USD 1 B in European Security

Politics » DEFENSE | June 3, 2014, Tuesday // 14:13| Views: 959 | Comments: 0
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Bulgaria: US Ready to Invest USD 1 B in European Security US President Barack Obama attends a press conference at the Belvedere Palace in Warsaw, Poland, 03 June 2014. Obama is on a four-day official visit to Poland as part of a European trip. Photo by EPA/BGNES

The US is planning a USD 1 B security fund to strengthen its military presence in Europe, the country's President Barack Obama said in Poland.

On Tuesday Obama started from Warsaw a visit to Europe which would later continue in Belgium and France.

He restated support for European allies, whose security he described as "sacrosanct" and "a cornerstone" of the US security, as quoted by the BBC.

Obama reminded Washington had already stepped up military presence in Poland with F-16 aircraft and ground troops.

The proposal for a European security fund he made will have to be approved by US congress.

It comes on a day when NATO Defense Ministers are due to discuss the long-term consequences of Russia's actions regarding the Ukraine crisis and the possible alliance response.

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Tags: Barack Obama, Russia, ukraine crisis, defense, Defense Ministers, NATO, security fund, Poland
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