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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>/in/edgar/work/20000808/0000889812-00-003381/0000889812-00-003381.txt : 20000921
<SEC-HEADER>0000889812-00-003381.hdr.sgml : 20000921
ACCESSION NUMBER:		0000889812-00-003381
CONFORMED SUBMISSION TYPE:	N-23C-1
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20000731
FILED AS OF DATE:		20000808

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CENTRAL EUROPEAN EQUITY FUND INC /MD/
		CENTRAL INDEX KEY:			0000860489
		STANDARD INDUSTRIAL CLASSIFICATION:	 [0000
]		IRS NUMBER:				133556099
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1031
</COMPANY-DATA>

		FILING VALUES:
			FORM TYPE:		N-23C-1
			SEC ACT:		
			SEC FILE NUMBER:	817-00185
			FILM NUMBER:		687924
</FILING-VALUES>

			BUSINESS ADDRESS:	
				STREET 1:		31 WEST 52ND ST
				STREET 2:		C/O DEUTSCHE BANK CAPITAL CORP
				CITY:			NEW YORK
				STATE:			NY
				ZIP:			10019
				BUSINESS PHONE:		2124747000
</BUSINESS-ADDRESS>

				MAIL ADDRESS:	
					STREET 1:		31 WEST 52ND STREET
					STREET 2:		C/O DEUTSCHE BANK CAPITAL CORP
					CITY:			NEW YORK
					STATE:			NY
					ZIP:			10019
</MAIL-ADDRESS>

					FORMER COMPANY:	
						FORMER CONFORMED NAME:	FUTURE GERMANY FUND INC
						DATE OF NAME CHANGE:	19920703
</FORMER-COMPANY>

						FORMER COMPANY:	
							FORMER CONFORMED NAME:	UNITED GERMANY FUND INC
							DATE OF NAME CHANGE:	19900219
</FORMER-COMPANY>
</FILER>
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-23C-1
<SEQUENCE>1
<FILENAME>0001.txt
<DESCRIPTION>FORM N-23C-1
<TEXT>


<PAGE>

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-23C-1

STATEMENT BY REGISTERED CLOSED-END
INVESTMENT COMPANY WITH RESPECT TO
PURCHASES OF ITS OWN SECURITIES PURSUANT
TO RULE N-23C-1 DURING THE LAST CALENDAR MONTH

REPORT FOR CALENDAR MONTH JULY 2000

        THE CENTRAL EUROPEAN EQUITY FUND, INC.
(Name of registered closed-end investment company)

                                   Approx Asset
Date           Number    Price   Value or Approx      Seller
Each   Ident   Shares     Per     Asset Cov/Shr     or Seller's
Trans   Sec    Purch     Share   at Time of Purch      Broker

07-05   CEE      1100     14.5625     20.04          Weeden & Co
07-06   " "      4400     14.6534     19.92             " "
07-07   " "      5300     14.5873     19.85             " "
07-10   " "      1700     14.6875     19.81             " "
07-11   " "      1100     14.5000     19.66             " "
07-12   " "      1700     14.5000     19.81             " "
07-13   " "      1300     14.3125     19.83             " "
07-14   " "      1700     14.3750     20.07             " "
07-17   " "      2100     14.4107     20.31             " "
07-18   " "      2100     14.3423     20.42             " "
07-19   " "      1100     14.5682     20.34             " "
07-20   " "      2100     14.7798     20.65             " "
07-21   " "      2100     14.7857     20.78             " "
07-24   " "       700     14.8750     20.72             " "
07-25   " "      2700     14.8218     20.61             " "
07-26   " "      2700     14.7500     20.51             " "
07-27   " "      2700     14.7500     20.15             " "
07-28   " "      2700     14.6343     19.77             " "



The Central European Equity Fund, Inc.
Name of Registrant
By Isabella Chan - Fund Administrator
Date of Statement          08/01/00


                                     Page 1



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