The coronavirus infection reached Southeast Europe (SEE) at the end of February, as the first case was reported in Croatia on February 25. By mid-March the number of confirmed Covid-19 cases in the region was approaching 1,000 and most countries had declared a state of emergency. Restaurants and shops, with the exception of pharmacies and food stores, had pulled down their shutters and air carriers had cancelled most of their flights. As countries closed their borders, supply chains and relations with clients on foreign markets were disrupted. A drop in orders forced companies to cut production and warn that they may need to lay off staff. The sectors most exposed to China were the first to take the blow but as the disease went global, its impact could be seen across the board, fueling fears about an impending economic slowdown.