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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000791718-04-000001.txt : 20040107
<SEC-HEADER>0000791718-04-000001.hdr.sgml : 20040107
<ACCEPTANCE-DATETIME>20040107152701
ACCESSION NUMBER:		0000791718-04-000001
CONFORMED SUBMISSION TYPE:	N-23C-1
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031231
FILED AS OF DATE:		20040107
EFFECTIVENESS DATE:		20040107

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:		04513059

	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>n23c1ger1203.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 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

12-01    GER    3500     7.1800       7.82	       Weeden & Co.
12-02    " "    5000     7.1302       7.86	       	""
12-03    " "    4000     7.2000       8.00	       	""
12-04    " "    3000     7.3067       7.97	       	""
12-05    " "    2000     7.1800	  7.94	       	""
12-08    " "    6000     7.2500       7.89	       	""
12-10    " "    6000     7.2100       7.90	       	""
12-11    " "    5000     7.1788	  7.93	       	""
12-12    " "    6000     7.1975       8.01	       	""
12-15    " "    6500     7.3100       8.05	       	""
12-16    " "    4000     7.1650       8.02	       	""
12-18    " "    5000     7.2796       8.07	       	""
12-19    " "    6500     7.2509       8.13	       	""
12-22    " "    7000     7.3956       8.10		     	""
12-23    " "    1000     7.3300       8.14	       	""
12-24    " "    5000     7.4478       8.17	       	""
12-26    " "    3000     7.3907       8.16	       	""
12-29    " "    4000     7.5300       8.27	       	""



The Germany Fund, Inc.
    (Name of Registrant)
By Isabella Chan - Fund Administrator
Date of Statement          1/2/04




</TEXT>
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