Morsi warns continuing unrest could 'paralyze Egypt'

President Mohammed Morsi has warned that continuing unrest in Egypt could 'paralyse the country'.

He warned that political polarisation and conflict has reached a stage that was threatening the country's democratic experience and putting the whole nation in a state of paralysis and chaos.

In a speech marking his first year in office, Morsi acknowledged making some 'mistakes' and offered opponents a say in amending the new constitution.

Morsi also threatened those he saw as conspiring against him and trying to sabotage democracy, the BBC reports.

According to the report, in his two-hour televised address, Morsi defended his performance, admitted errors and promised immediate and radical reforms in the country.

Morsi also expressed regret for the fuel shortages in Egypt, and also for failing to involve the nation's youth.