(1) Notwithstanding the overall positive effect of globalisation on growth and jobs in the Community, it cannot be denied that it also has consequences for certain sectors and therefore it is opportune to establish a European Globalisation adjustment Fund (hereinafter referred to as "the EGF"), through which the Community would show its solidarity towards workers affected by redundancies resulting from structural changes in the world market in a fair manner ;
(1) Notwithstanding the overall positive effect of globalisation on growth and jobs in the Community, it cannot be denied that it also has consequences for certain sectors and therefore it is opportune to establish a European Globalisation adjustment Fund (hereinafter referred to as "the EGF"), through which the Community would show its solidarity towards workers affected by redundancies resulting from structural changes in the world market in a fair manner ;