Tourism is one of the consistent branches of the national economy, which can ensure some concrete results and a tailor-made contribution to the formation of the Gross Domestic Product. The tourism industry is also called invisible trade in the sense that, although it does not export goods and services, by practicing it, by developing it, it ensures consistent revenues to the state budget, but also ensures the possibility of increasing Gross Domestic Product. Analysing the current situation of the health and economic-financial crisis, it is found that in 2020 HoReCa, the tourism industry, complementary services have decreased alarmingly. Against this background, tourism has reduced its contribution to the formation of the Gross Domestic Product, which can lead to an even greater decrease. Investments in tourism are eroding. There is no possibility of refinancing despite support measures provided by the authorities. We say in spite of some measures granted because the postponement of some payments, the postponement of some credits, the transition to technical unemployment and others will be coupled later with other measures with almost devastating effect for the Romanian economy. Thus, many jobs will be lost. On the other hand, tourism companies will not be able to move from technical unemployment to normal activity and give a minimum of six months to those in this situation. The tourist market practically does not exist because there are only sequential possibilities in which it takes place, but especially under the rule of business activities, which are also considered tourist activities. The tourist activity materialized through arrivals, overnight stays, arrivals and departures has decreased steadily and this result mainly from the data subject to the study we mentioned. It is necessary to interpret these data and possibly find ways to recover.

The economic and social evolution in the current context, of the sanitary and economic-financial crisis raises problems regarding the future economic evolution. The authors highlight the current situation of the Romanian economy. Measures must be taken to ensure that standards in education and research are raised. The industry needs to modernize on digitalization, robotics and other achievements of science. Today, the industry needs to develop based on the latest achievements of science. Innovation must be the basis of high-quality education, be an element of research, and research without innovation cannot exist. The method used is that of comparative study, static and dynamic, and the use of statisticaleconomic models to highlight the role of education, research and industry, based on innovation. From the data we have at our disposal, it results the need for these aspects to constitute the equilateral triangle of a program of economic and social development in the future. The final conclusion of this research is the need to intensify efforts, including financing an economy based on deep and quality education, connecting high-level education with research and bringing through innovations new attributes that the industry must fulfil.

The European Union has development programs to ensure the economic growth of the European Union. Member States are going through a deep health and economic and financial crisis with greater effects than in 1929-1933. The elements underpinning Community programs must be based on research and innovation. Increased funding for education, research and innovation is needed. The aim of the research is to highlight the need for sustained efforts to overcome the current situation affecting the world economy and the economy of each country individually. In the study we used statistical-econometric methods, which by analysing and interpreting the data we have to highlight the need for immediate action of concrete measures. In this direction, the data available to us show that the European economy cannot adjust without focusing on innovation, which must accompany high-quality education, coupled with in-depth research. From this perspective it follows that attention must be paid to putting innovation at the heart of high quality education and research. Only on the basis of this fulfilled goal can we think that the European Union will be able to find its bed and move immediately to economic recovery, which will ensure a sustainable economic and social development.

Economic growth is a goal of every country and equally of the European Community. In this sense, all national strategies related and not subordinated to the European Union’s strategy aim at economic growth, which will ensure the improvement of the quality of life. Economic growth is always achieved by the level registered by the Gross Domestic Product (Gross Domestic Product per capita) these being the most important indicators of results calculated at macroeconomic level. The proper functioning of a country’s economy must be based, first of all, on certain correlations that are established between socio-economic variables, a context in which there must be certain proportions. The evolution of the economy in free market conditions reaches imbalances at certain times, a context in which macroeconomic stability is affected. Most often, crises, regardless of their health, economic, economic or financial nature, have the first effect of affecting macroeconomic stability. In the current conditions, when we face the health crisis, combined with the economic and financial crisis, the macroeconomic imbalance is obvious by not respecting some proportions and correlations, which must be established at the macroeconomic level. The analysis of this aspect of crises and their effect on economic correlations and macrostability is the subject of the study in this article.