Some provisions of the deal needed tweaking to address problems in its battered banking sector, says the government.
Panicos Demetriades under growing pressure to resign.
The crisis-hit nation has to pay for most of its 23B euro bailout.
Island's Supreme Court judges will launch an investigation into almost a decade of financial profligacy which brought Cyprus to its knees last month
Key figure in recent bail-out talks with island's international lenders expected to come under scrutiny in investigation of how economy collapsed.
Streets calm, protest planned for Thursday as central bank confirms tough terms in bailout.
Major depositors in island's biggest bank expected to lose around 60% of their savings over 100,000 euros.
Depositors in Bank of Cyprus expected to get shares in the bank worth 37.5 percent of their deposits over 100,000 euros.
Cypriot leader says risk of bankruptcy contained and accuses Europe of trying to experiment with Cyprus. | Cyprus looks to its past for economic reboot
Cypriots queued calmly at banks as they reopened after two weeks under tight controls imposed on transactions to prevent a run on deposits.Cyprus breaks new ground with capital controls