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Which crisis occurred during Primakov's tenure as Prime Minister?

  • Financial Crisis of 1998

  • Chechen War

  • Cuban Missile Crisis

  • Annexation of Crimea

Answer

The Financial Crisis of 1998, also known as the Russian financial crisis, transpired during Yevgeny Primakov's tenure as Prime Minister of Russia. The crisis was characterized by a sudden depreciation of the ruble, ultimately leading to a government default on its domestic debt. This resulted in a severe economic downturn, causing significant hardships for the Russian population.
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