PRESS DIGEST - Portugal - May 12

LISBON, May 12 (Reuters) - Following are some of the main stories in Portuguese newspapers on Tuesday. Reuters has not verified these stories and does not vouch for their accuracy.

* TAP pilots ally with three anti-privatisation unions, do not rule out new strike at state airline (Jortnal de Negocios)

* Government expects sale of Novo Banco to help Portugal repay IMF loans (Jornal de Negocios)

* Banif to sell Acoreana insurance firm, Maltese and Cape Verde branches by end-July to repay state loans (Diario Economico)

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