Polish president discusses regional infrastructure plan with IMF chief

Polish President Andrzej Duda and International Monetary Fund (IMF) Managing Director Kristalina Georgieva at their Thursday meeting in Davos, Switzerland, discussed the regional Three Seas Initiative, Duda's aide Krzysztof Szczerski told PAP.

The talk focused on the Polish-Croatian Three Seas Initiative that Duda has been actively promoting, according to Szczerski.

"The IMF holds a positive view about the initiative, particularly as a tool for the development of infrastructural connections supporting the single market and economic security," the presidential aide said.

The IMF chief accepted Duda's invitation to attend the upcoming Three Seas summit, which this year will take place in Tallinn on June 17, Szczerski told PAP.

The project, which has been a joint initiative of the Polish and Croatian presidents, focuses on cross-border infrastructural cooperation in the region and involves such joint activities as the construction of roads, railways, pipelines and power grid links.

So far, it has been joined by Austria, Bulgaria, the Czech Republic, Croatia, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia and Slovenia.

According to Szczerski, Georgieva praised the condition of the Polish economy, saying it was an example of responsible growth against the background of challenges to economic stability.