Warsaw - Poland so far has felt just the beginnings of the financial crisis and the worst is yet to come, said a Polish Chamber of Commerce study on Monday.

One out of five firms in Poland plans to lay off workers, according to the study for the daily Gazeta Wyborcza. One-fifth of the companies' stocks lost value.

Nearly 90 per cent of businesses said the crisis in Poland is in its beginning stages and will get worse, the study found, while a third reported a drop in orders.

The study was based on responses from some 160 small, mid-sized and large businesses. (dpa)