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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000791718-03-000002.txt : 20030210
<SEC-HEADER>0000791718-03-000002.hdr.sgml : 20030210
<ACCEPTANCE-DATETIME>20030210165439
ACCESSION NUMBER:		0000791718-03-000002
CONFORMED SUBMISSION TYPE:	N-23C-1
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030131
FILED AS OF DATE:		20030210
EFFECTIVENESS DATE:		20030210

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:		03547868

	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>n23c1ger0103.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 JANUARY 2003

           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

01-02    GER     700     4.7614       5.56	       Weeden & Co.
01-03    " "    2000     4.8070       5.56	       	""
01-06    " "    2000     4.7840       5.72	       	""
01-07    " "    1000     4.9000       5.61	       	""
01-08    " "     500     4.8400       5.38	       	""
01-09    " "    1000     4.8200       5.49	       	""
01-10    " "     500     4.9280       5.54	       	""
01-13    " "    3000     5.0500       5.60	       	""
01-14    " "    2000     5.0000       5.69	       	""
01-15    " "    6000     5.0500       5.60	       	""
01-16    " "    5000     4.9524       5.61	       	""
01-17    " "    2000     4.8400       5.42	       	""
01-21    " "    3000     4.7800       5.35		     	""
01-22    " "    2000     4.7100       5.23	       	""
01-23    " "    2500     4.6400       5.26	       	""
01-24    " "    2000     4.6045       5.12	       	""
01-27    " "    4000     4.5050       4.97	       	""
01-28    " "    1000     4.5000       5.00	       	""
01-29    " "    1500     4.4070       5.07	       	""
01-30    " "    2500     4.4700       4.99	       	""
01-31    " "    2000     4.4170       5.08	       	""




The Germany Fund, Inc.
    (Name of Registrant)
By Corinna Chan - Fund Administrator
Date of Statement          1/05/03




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