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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 sHN5OX5JTuDjPkBi8ES9MQ==

<SEC-DOCUMENT>0000791718-99-000014.txt : 19990615
<SEC-HEADER>0000791718-99-000014.hdr.sgml : 19990615
ACCESSION NUMBER:		0000791718-99-000014
CONFORMED SUBMISSION TYPE:	N-23C-1
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	19990531
FILED AS OF DATE:		19990610

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GERMANY FUND INC
		CENTRAL INDEX KEY:			0000791718
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				133354384
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		N-23C-1
		SEC ACT:		
		SEC FILE NUMBER:	817-00177
		FILM NUMBER:		99643602

	BUSINESS ADDRESS:	
		STREET 1:		31 W 52ND ST
		STREET 2:		C/O DEUTSCHE BANK CAPITAL CORP
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		2124747590

	MAIL ADDRESS:	
		STREET 1:		31 WEST 52ND STREET
		STREET 2:		C/O DEUTSCHE BANK CAPITAL CORP
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-23C-1
<SEQUENCE>1
<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 OWNSECURITIES PURSUANT
TO RULE N-23C-1 DURING THE LAST CALENDAR MONTH

REPORT FOR CALENDAR MONTH  MAY 1999

		THE GERMANY 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

5-4     GER    6300     13.6359     15.63          Weeden & Co.
5-5	  " "    6300     13.6369     15.51              " "
5-6	  " "    6000     13.55       15.63              " "
5-7	  " "   30500     13.5869     15.69              " "
5-10	  " "    5700     13.6963     15.40              " "
5-11	  " "   30000     13.9767     15.49              " "
5-13	  " "   30700     13.8648     15.32              " "
5-17	  " "   16300     13.4283     15.03              " "
5-18	  " "    4800     13.3698     15.13              " "
5-19	  " "    5000     13.50       15.17              " "
5-20	  " "    6300     13.9385     15.28              " "
5-25	  " "    6700     13.2957     15.06              " "
5-26	  " "    2800     13.25       14.94              " "
5-27	  " "    2200     13.3835     14.64              " "

The Germany Fund, Inc.
( Name of Registrant)
By Laura Weber - Assistant Treasurer
Date of Statement  6/9/99


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