Greece's current account deficit narrowed sharply in October from a year earlier to 383 million euros ($397.59 million), helped by robust tourism revenue and a further inflow of EU funds, data from the Bank of Greece showed on Friday.

The current account shortfall eased from a deficit of 1.21 billion euros in the same month a year ago.

Tourism revenue rose by nearly 20% year-on-year to 2.17 billion euros with foreign arrivals up by 8.6%. This largely offset the impact of imports of goods outpacing exports. (Reuters)