Over the last few days there have been a series of small earthquakes in Croatia. This morning US time (noon CET) a shallow M6.4 hit, and early reports are to have caused significant damage. At least one person has been killed, and the mayor of Petrinja reports “This is a catastrophe. My city is completely destroyed.” It is likely the death toll will be higher as the day goes on.
Initial economic impact estimates are $4 to $5 Billion USD, with some models as high as $8 Billion. There are about 1.5 Million people in the hazard zone, and upwards of 150,000 people living in areas with a significant risk of structural collapse.