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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000791718-03-000003.txt : 20030307
<SEC-HEADER>0000791718-03-000003.hdr.sgml : 20030307
<ACCEPTANCE-DATETIME>20030307111747
ACCESSION NUMBER:		0000791718-03-000003
CONFORMED SUBMISSION TYPE:	N-23C-1
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030228
FILED AS OF DATE:		20030307
EFFECTIVENESS DATE:		20030307

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:		03595570

	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>n23c1ger0203.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 FEBRUARY 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

02-03    GER    1500     4.5000       5.09	       Weeden & Co.
02-04    " "    2000     4.4300       4.92	       	""
02-05    " "    1500     4.4100       5.09	       	""
02-06    " "    3000     4.3900       4.93	       	""
02-07    " "    2500     4.3000	  4.79	       	""
02-10    " "    1000     4.2800       4.80	       	""
02-11    " "    2000     4.3120       4.85	       	""
02-12    " "    3000     4.2600	  4.75	       	""
02-13    " "    2500     4.2300       4.75	       	""
02-14    " "    4000     4.2838       4.96	       	""
02-18    " "    3000     4.3490       5.05	       	""
02-19    " "     500     4.3200       4.86	       	""
02-20    " "     600     4.3100       4.83	       	""
02-21    " "    1000     4.2100       4.93		     	""
02-24    " "    1500     4.2080       4.76	       	""
02-25    " "     500     4.1000       4.60	       	""
02-26    " "     700     4.0500       4.54	       	""
02-27    " "     800     4.0800       4.65	       	""
02-28    " "    1200     4.1800       4.73	       	""




The Germany Fund, Inc.
    (Name of Registrant)
By Corinna Chan - Fund Administrator
Date of Statement          3/04/03




</TEXT>
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