<SEC-DOCUMENT>0000860489-01-500012.txt : 20011010
<SEC-HEADER>0000860489-01-500012.hdr.sgml : 20011010
ACCESSION NUMBER:		0000860489-01-500012
CONFORMED SUBMISSION TYPE:	N-23C-1
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20010930
FILED AS OF DATE:		20011004

FILER:

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

	FILING VALUES:
		FORM TYPE:		N-23C-1
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	817-00185
		FILM NUMBER:		1752295

	BUSINESS ADDRESS:	
		STREET 1:		280 PARK AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2124741694

	MAIL ADDRESS:	
		STREET 1:		280 PARK AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FUTURE GERMANY FUND INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UNITED GERMANY FUND INC
		DATE OF NAME CHANGE:	19900219
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-23C-1
<SEQUENCE>1
<FILENAME>n23c1cee09.txt
<TEXT>
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 SEPTEMBER 2001

        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


09-04   CEE       600     10.1700      12.70 	     Weeden & Co
09-05	  " "       500     10.0840      12.77             " "
09-06   " "       600     10.0400      12.90             " "
09-07   " "       500     10.0220      12.88 		   " "
09-10   " "       600     10.0000      12.70             " "
09-17	  " "       600      9.7417      11.74 	   	   " "
09-18   " "       500      9.4400      11.72             " "
09-19	  " "       600      9.2250      11.99 	   	   " "
09-20   " "       500      9.2780      11.87             " "
09-21	  " "      1600      9.0069      11.42             " "
09-24   " "       600      9.2650      11.41             " "
09-25   " "       500      9.3328      11.61 		   " "
09-26   " "       600      9.2100      11.89             " "
09-28   " "       600      9.2800      11.95             " "



The Central European Equity Fund, Inc.
Name of Registrant
By Isabella Chan - Fund Administrator
Date of Statement          10/04/01





</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
