GREECE - Factors to Watch on May 28

ATHENS, May 28 (Reuters) - Here are news stories, press reports and events which may affect Greek financial markets on Thursday:

MOTOR OIL Q1 NET FALLS 49.9 PCT ON REFINING MARGINS

Greece's second-largest refiner Motor Oil Hellas (MORr.AT) said on Wednesday its first quarter net profit fell nearly 50 percent year-on-year to 19.23 million euros, slightly above analysts' estimates, as refining margins narrowed. [ID:nLP419915]

AEGEAN AIRLINES SWINGS TO Q1 PROFIT AS COSTS FALL

Greece's largest private airline, Aegean Airlines (AGNr.AT), reported on Wednesday a first-quarter net profit of 4.6 million euros, citing cost cuts and a drop in fuel prices. [ID:nLR767565]

GREECE'S OPAP MULLS GAMING OPPORTUNITIES ABROAD

Europe's biggest betting firm, OPAP (OPAr.AT), is exploring several opportunities in the gaming sector around the world after the cancellation of a Turkish tender, its Chief Executive said on Wednesday. [ID:nLR948229]

MYTILINEOS SAYS Q1 NET DROPS ON LOWER SALES

Greek metals and energy group Mytilineos (MYTr.AT) said first-quarter profit dropped about 76 percent year-on-year, hurt by weaker revenues from its power plant building unit Metka. [ID:nLR118345]

ECB'S PAPADEMOS-SEE U-SHAPED PROFILE FOR INFLATION

Euro-zone inflation is likely to shoot up in the latter part of the year but remain in line with price stability in the medium-term, European Central Bank Vice-President Lucas Papademos said on Wednesday. [ID:nLR328202]