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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000791718-03-000001.txt : 20030114
<SEC-HEADER>0000791718-03-000001.hdr.sgml : 20030114
<ACCEPTANCE-DATETIME>20030109181638
ACCESSION NUMBER:		0000791718-03-000001
CONFORMED SUBMISSION TYPE:	N-23C-1
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20021231
FILED AS OF DATE:		20030110
EFFECTIVENESS DATE:		20030110

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GERMANY FUND INC
		CENTRAL INDEX KEY:			0000791718
		IRS NUMBER:				133354384
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		N-23C-1
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	817-00177
		FILM NUMBER:		03509635

	BUSINESS ADDRESS:	
		STREET 1:		280 PARK AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2124541694

	MAIL ADDRESS:	
		STREET 1:		280 PARK AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-23C-1
<SEQUENCE>1
<FILENAME>n23c1ger1202.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 DECEMBER 2002

           THE GERMANY FUND, INC.
(Name of registered closed-end investment company)

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

12-02    GER    1000     5.1700       5.82	       Weeden & Co.
12-03    " "    1000     5.2000       5.69	       	""
12-04    " "    5000     4.9356       5.75	       	""
12-05    " "    4000     5.0498       5.59	       	""
12-06    " "    2000     4.9500       5.61	       	""
12-09    " "    5000     4.9140       5.38	       	""
12-10    " "    2000     4.7400       5.55	       	""
12-11    " "    3000     4.8200       5.59	       	""
12-12    " "    5000     4.7794       5.49	       	""
12-13    " "    2000     4.6900       5.45	       	""
12-16    " "    6000     4.7000       5.65	       	""
12-17    " "    1000     4.8700       5.59	       	""
12-18    " "    1500     4.7000       5.37	       	""
12-19    " "    1000     4.6000       5.25	       	""
12-20    " "    1500     4.6700       5.38	       	""
12-24    " "   16900     4.4976       5.35	       	""
12-26    " "    7000     4.5500       5.38	       	""
12-27    " "    7800     4.5300       5.13	       	""
12-30    " "    8600     4.4500       5.24	       	""




The Germany Fund, Inc.
    (Name of Registrant)
By Isabella Chan - Fund Administrator
Date of Statement          1/09/03




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