MOSCOW (Sputnik) — Yevgeny Primakov served as Russian Prime Minister during the turbulent 1998-1999 period when a deep financial crisis and its resultant political fallout devastated the Russian economy.
He was credited with restoring political and financial stability in the country. Primakov also served as Foreign Minister for two years prior to his prime-ministership under then-President Boris Yeltsin.
On June 26, Primakov died at the age of 85. Many world leaders and top officials expressed their condolences.
"Taking into account the contribution of E.M. Primakov to the formation of Russian statehood and the implementation of economic reforms," the president also ordered to establish a scholarship in Primakov's name and called on the government to consider installing a commemorative plaque on the house where he lived.