Yerevan /Mediamax/. Armenian President Serzh Sargsian does not rule out that the current financial-economic crisis may grow into moral crisis.

As Mediamax was told in the press service of the President, Serzh Sargsian said this late February 26 during his meeting with Catholicos of All Armenians Garegin II and members of the Supreme Religious Council.

“The measures, which are taken by our government today, give hope that in the final end we will manage to minimize the consequences of the crisis. However, simultaneously with that, we should maintain patriotism and morality in the people. Only this way we can progress”, Armenian President stated.