000 A000000 04/30/2006
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000 J000000 A
001 A000000 The Central Europe and Russia Fund, Inc.
001 B000000 811-6041
001 C000000 8004376269
002 A000000 345 Park Avenue
002 B000000 New York
002 C000000 NY
002 D010000 10154
002 D020000 0010
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000 0
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008 B000001 S
008 C000001 801-20289
008 D010001 FRANKFURT
008 D050001 GERMANY
008 D060001 60327
008 A000002 DEUTSCHE INVESTMENT MANAGEMENT AMERICAS INC.
008 B000002 A
008 C000002 801-252
008 D010002 NEW YORK
008 D020002 NY
008 D030002 10154
010 A000001 INVESTORS BANK & TRUST COMPANY
010 B000001 84-5987
010 C010001 Boston
010 C020001 MA
010 C030001 02116
012 A000001 INVESTORS BANK & TRUST COMPANY
012 B000001 84-5987
012 C010001 BOSTON
012 C020001 MA
012 C030001 02116
013 A000001 PRICEWATERHOUSECOOPERS LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10017
014 A000001 DEUTSCHE BANK SECURITIES INC.
014 B000001 8-17822
014 A000002 BT Opera Trading S.A.
014 B000002 8-00000
014 A000003 DB International (Asia) Limited
014 B000003 8-00000
014 A000004 Deutsche Securities Australia Limited
014 B000004 8-00000
014 A000005 DB Securities S.A.
014 B000005 8-00000
014 A000006 DB UK Bank Limited
014 B000006 8-00000
014 A000007 K&N Kenanga Holdings Bhd
014 B000007 8-00000
014 A000008 Creditex, Inc
014 B000008 8-051918
014 A000009 Kenanga Deutsche Futures Sdn Bhd
014 B000009 8-00000
014 A000010 Mizuho Corporate Bank (Germany) AG
014 B000010 8-0000
014 A000011 AO DB Securities (Kazakhstan)
014 B000011 8-00000
014 A000012 P.A.S. Pro Active Sales S.A.
014 B000012 8-00000
014 A000013 PT. Deutsche Securities Indonesia
014 B000013 8-00000
014 A000014 PT. Deutsche Vendnana Indonesia
014 B000014 8-00000
014 A000015 UFG Limited
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014 A000016 YIELDBROKER PTY LTD
014 B000016 8-00000
014 A000017 ZAO Kapitalneft
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014 A000018 Bender Menkul Degerler A.S.
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014 A000019 Deutsche Bank AG, Colombo Branch-ForeignCur
014 B000019 8-00000
014 A000020 Deutsche Bank AG, Filiale Auckland
014 B000020 8-00000
014 A000021 Deutsche Bank AG, Filiale Bangolore
014 B000021 8-00000
014 A000022 Deutsche Bank AG, Filiale Calcutta
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014 A000023 Deutsche Bank AG, Filiale Chennai
014 B000023 8-00000
014 A000024 Deutsche Bank AG, Filiale Colombo
014 B000024 8-00000
014 A000025 Deutsche Bank AG, Filiale Helsinki
014 B000025 8-00000
014 A000026 Deutsche Bank AG, Filiale Manila
014 B000026 8-00000
014 A000027 Deutsche Bank AG, Filiale Mumbai
014 B000027 8-00000
014 A000028 Deutsche Bank AG, Filiale New Delhi
014 B000028 8-00000
014 A000029 Deutsche Bank AG, Filiale Prag
014 B000029 8-00000
014 A000030 Deutsche Bank AG, Filiale Stockholm
014 B000030 8-00000
014 A000031 Deutsche Bank AG, Filiale Zurich
014 B000031 8-00000
014 A000032 DB Equity Limited
014 B000032 8-00000
014 A000033 DB Forex Corporation
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014 A000034 Deutsche Bank Securities Inc., Atlanta
014 B000034 8-00000
014 A000035 Deutsche Bank Securities Inc., Baltimore
014 B000035 8-00000
014 A000036 Deutsche Bank Securities Inc., Boston
014 B000036 8-00000
014 A000037 Deutsche Bank Securities Inc., Chicago
014 B000037 8-00000
014 A000038 Deutsche Bank Securities Inc., Dallas
014 B000038 8-00000
014 A000039 Deutsche Bank Securities Inc., Greenwich
014 B000039 8-00000
014 A000040 Deutsche Bank Securities Inc., Houston
014 B000040 8-00000
014 A000041 Deutsche Bank Securities Inc., LA
014 B000041 8-00000
014 A000042 Deutsche Bank Securities Inc., Palm Beach
014 B000042 8-00000
014 A000043 Deutsche Bank Securities Inc., Philadelphia
014 B000043 8-00000
014 A000044 Deutsche Bank Securities Inc., San Francisco
014 B000044 8-00000
014 A000045 Deutsche Bank Corretora de Valores SA
014 B000045 8-00000
014 A000046 Deutsche Bank Securities Inc., Winston-Salem
014 B000046 8-00000
014 A000047 Deutsche Bank Securities Limited
014 B000047 8-00000
014 A000048 Deutsche Bank Societa per Azioni
014 B000048 8-00000
014 A000049 Deutsche Canada Investor Services Co.
014 B000049 8-00000
014 A000050 Deutsche Bank Societa di Intermediazione
014 B000050 8-00000
014 A000051 Deutsche Equities India Private Limited
014 B000051 8-00000
014 A000052 Deutsche Capital Markets Australia Limited
014 B000052 8-00000
014 A000053 Deutsche Securities (Proprietary) Limited
014 B000053 8-00000
014 A000054 Deutsche Securities Limited
014 B000054 8-00000
014 A000055 Deutsche Securities Sociedad de Bolsa SA
014 B000055 8-00000
014 A000056 Deutsche Securities Venezuela SA
014 B000056 8-00000
014 A000057 Deutsche Securities Australia Limited
014 B000057 8-00000
014 A000058 Deutsche Securities, S.A. de C.V., Casa de Bolsa
014 B000058 8-00000
014 A000059 Deutsche Securities Israel Ltd
014 B000059 8-00000
014 A000060 Deutsche Futures Singapore Pte Ltd
014 B000060 8-00000
014 A000061 Deutsche Bank Reszvenytarsasag
014 B000061 8-00000
014 A000062 Deutsche Bank Securities Inc., Denver
014 B000062 8-00000
014 A000063 Deutsche Regis Partners Inc
014 B000063 8-00000
014 A000064 Deutsche Securities (India) Private Limited
014 B000064 8-00000
014 A000065 Deutsche Securities Asia Limited
014 B000065 8-00000
014 A000066 Deutsche Securities Asia Limited Singapore
014 B000066 8-00000
014 A000067 Deutsche Securities Asia Limited Taipei
014 B000067 8-00000
014 A000068 Deutsche Securities Corredores de Bolsa Ltda
014 B000068 8-00000
014 A000069 Deutsche Securities Korea Co
014 B000069 8-00000
014 A000070 Deutsche Securities New Zealand Limited
014 B000070 8-00000
014 A000071 Deutsche Securities, Sociedad de Valores
014 B000071 8-00000
014 A000072 DMG & Partners Securities Pte Ltd
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014 B000074 8-00000
014 A000075 Deutsche Bank Securities Inc., 280 Park Avenue Branch
014 B000075 8-00000
014 A000076 Deutsche Bank Securities Inc., Colombia
014 B000076 8-00000
014 A000077 Deutsche Securities Inc.
014 B000077 8-00000
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014 A000081 UFGIS Trading Ltd.
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014 A000082 UFG (UK) Ltd.
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015 C020001 MA
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015 E010001 X
015 A000002 Citibank N.A.
015 B000002 C
015 C010002 .
015 D010002 Venezuela
015 E040002 X
015 A000003 National Australia Bank Ltd.
015 B000003 C
015 C010003 .
015 D010003 Australia
015 E040003 X
015 A000004 HSBC
015 B000004 C
015 C010004 .
015 D010004 Jordan
015 E040004 X
015 A000005 Citibank N.A.
015 B000005 C
015 C010005 .
015 D010005 Peru
015 E040005 X
015 A000006 Citibank N.A.
015 B000006 C
015 C010006 .
015 D010006 Egypt
015 E040006 X
015 A000007 Citibank, N.A.
015 B000007 C
015 C010007 .
015 D010007 Argentina
015 E040007 X
015 A000008 Bank Austria Creditanstalt (HVB Bank)
015 B000008 C
015 C010008 .
015 D010008 Austria
015 E040008 X
015 A000009 Standard Chartered Bank
015 B000009 C
015 C010009 .
015 D010009 Bangladesh
015 E040009 X
015 A000010 BNP Paribas
015 B000010 C
015 C010010 .
015 D010010 France
015 E040010 X
015 A000011 BNP Paribas
015 B000011 C
015 C010011 .
015 D010011 Belgium
015 E040011 X
015 A000012 BNP Paribas
015 B000012 C
015 C010012 .
015 D010012 Germany
015 E040012 X
015 A000013 BNP Paribas
015 B000013 C
015 C010013 .
015 D010013 Greece
015 E040013 X
015 A000014 BNP Paribas
015 B000014 C
015 C010014 .
015 D010014 Italy
015 E040014 X
015 A000015 BNP Paribas
015 B000015 C
015 C010015 .
015 D010015 Spain
015 E040015 X
015 A000016 Standard Chartered Bank
015 B000016 C
015 C010016 .
015 D010016 China-Shanghai
015 E040016 X
015 A000017 Standard Chartered Bank
015 B000017 C
015 C010017 .
015 D010017 China-Shenzhen
015 E040017 X
015 A000018 Standard Chartered Bank
015 B000018 C
015 C010018 .
015 D010018 Hong Kong
015 E040018 X
015 A000019 Standard Chartered Bank
015 B000019 C
015 C010019 .
015 D010019 Indonesia
015 E040019 X
015 A000020 Standard Chartered Bank
015 B000020 C
015 C010020 .
015 D010020 Japan
015 E040020 X
015 A000021 Standard Chartered Bank
015 B000021 C
015 C010021 .
015 D010021 Japan - JGB
015 E040021 X
015 A000022 Standard Chartered Bank
015 B000022 C
015 C010022 .
015 D010022 Korea
015 E040022 X
015 A000023 Standard Chartered Bank
015 B000023 C
015 C010023 .
015 D010023 Pakistan
015 E040023 X
015 A000024 Standard Chartered Bank
015 B000024 C
015 C010024 .
015 D010024 Phillipines
015 E040024 X
015 A000025 Standard Chartered Bank
015 B000025 C
015 C010025 .
015 D010025 Singapore
015 E040025 X
015 A000026 Standard Chartered Bank
015 B000026 C
015 C010026 .
015 D010026 Sri Lanka
015 E040026 X
015 A000027 Standard Chartered Bank
015 B000027 C
015 C010027 .
015 D010027 Taiwan
015 E040027 X
015 A000028 Standard Chartered Bank
015 B000028 C
015 C010028 .
015 D010028 Thailand
015 E040028 X
015 A000029 Barclays Bank of Ghana
015 B000029 C
015 C010029 .
015 D010029 Ghana
015 E040029 X
015 A000030 HSBC
015 B000030 C
015 C010030 .
015 D010030 Kazakhstan
015 E040030 X
015 A000031 Bank of Bermuda Limited
015 B000031 C
015 C010031 .
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015 E040031 X
015 A000032 Barclays Bank of Botswana
015 B000032 C
015 C010032 .
015 D010032 Botswana
015 E040032 X
015 A000033 BankBoston Brazil
015 B000033 C
015 C010033 .
015 D010033 Brazil
015 E040033 X
015 A000034 HVB Bank Biochim
015 B000034 C
015 C010034 .
015 D010034 Bulgaria
015 E040034 X
015 A000035 HVB Bank
015 B000035 C
015 C010035 .
015 D010035 Slovak Republic
015 E040035 X
015 A000036 HVB Bank
015 B000036 C
015 C010036 .
015 D010036 Ukraine
015 E040036 X
015 A000037 Royal Bank of Canada
015 B000037 C
015 C010037 .
015 D010037 Canada
015 E040037 X
015 A000038 Citibank, Chile
015 B000038 C
015 C010038 .
015 D010038 Chile
015 E040038 X
015 A000039 Clearstream
015 B000039 C
015 C010039 .
015 D010039 Luxembourg
015 E040039 X
015 A000040 Cititrust Colombia S.A.
015 B000040 C
015 C010040 .
015 D010040 Colombia
015 E040040 X
015 A000041 Banco BCT S.A.
015 B000041 C
015 C010041 .
015 D010041 Costa Rica
015 E040041 X
015 A000042 HVB Splitska banka d.d
015 B000042 C
015 C010042 .
015 D010042 Croatia
015 E040042 X
015 A000043 Cyprus Popular Bank
015 B000043 C
015 C010043 .
015 D010043 Cyprus
015 E040043 X
015 A000044 Citibank A.S.
015 B000044 C
015 C010044 .
015 D010044 Czech Republic
015 E040044 X
015 A000045 SEB
015 B000045 C
015 C010045 .
015 D010045 Finland
015 E040045 X
015 A000046 Hansabank
015 B000046 C
015 C010046 .
015 D010046 Estonia
015 E040046 X
015 A000047 HVB Bank
015 B000047 C
015 C010047 .
015 D010047 Romania
015 E040047 X
015 A000048 Arion Custody Services (subsidiary of Kaupthi
015 B000048 C
015 C010048 .
015 D010048 Iceland
015 E040048 X
015 A000049 Standard Chartered Grindlays Bank, Mumbai
015 B000049 C
015 C010049 .
015 D010049 India
015 E040049 X
015 A000050 Bank of Ireland
015 B000050 C
015 C010050 .
015 D010050 Ireland
015 E040050 X
015 A000051 Bank Hapoalim
015 B000051 C
015 C010051 .
015 D010051 Israel
015 E040051 X
015 A000052 Barclays Bank Kenya
015 B000052 C
015 C010052 .
015 D010052 Kenya
015 E040052 X
015 A000053 Hansabank, Latvia
015 B000053 C
015 C010053 .
015 D010053 Latvia
015 E040053 X
015 A000054 SEB Vilniaus Bankas AB
015 B000054 C
015 C010054 .
015 D010054 Lithuania
015 E040054 X
015 A000055 Standard Chartered Bank Malaysia BHD
015 B000055 C
015 C010055 .
015 D010055 Malaysia
015 E040055 X
015 A000056 HSBC Bank, Malta plc
015 B000056 C
015 C010056 .
015 D010056 Malta
015 E040056 X
015 A000057 HongKong Shanghai Banking Corp.
015 B000057 C
015 C010057 .
015 D010057 Mauritus
015 E040057 X
015 A000058 Bancomex (Citibank)
015 B000058 C
015 C010058 .
015 D010058 Mexico
015 E040058 X
015 A000059 Citibank Magreb
015 B000059 C
015 C010059 .
015 D010059 Morocco
015 E040059 X
015 A000060 Fortis Bank
015 B000060 C
015 C010060 .
015 D010060 Netherlands
015 E040060 X
015 A000061 National Nominees Ltd.
015 B000061 C
015 C010061 .
015 D010061 New Zealand
015 E040061 X
015 A000062 DnB, NOR Bank ASA
015 B000062 C
015 C010062 .
015 D010062 Norway
015 E040062 X
015 A000063 HSBC Bank Middle East
015 B000063 C
015 C010063 .
015 D010063 Oman
015 E040063 X
015 A000064 Bank BPH (Bank Austria)
015 B000064 C
015 C010064 .
015 D010064 Poland
015 E040064 X
015 A000065 Citibank Portugal S.A.
015 B000065 C
015 C010065 .
015 D010065 Portugal
015 E040065 X
015 A000066 ZAO Citibank
015 B000066 C
015 C010066 .
015 D010066 Russia
015 E040066 X
015 A000067 HVB Bank, Belgrade
015 B000067 C
015 C010067 .
015 D010067 Serbia and Montenegr
015 E040067 X
015 A000068 Bank Austria d.d. Ljublijana (HVB Bank)
015 B000068 C
015 C010068 .
015 D010068 Slovenia
015 E040068 X
015 A000069 Standard Bank of South Africa
015 B000069 C
015 C010069 .
015 D010069 South Africa
015 E040069 X
015 A000070 Svenska Handelsbanken
015 B000070 C
015 C010070 .
015 D010070 Sweden
015 E040070 X
015 A000071 Credit Suisse
015 B000071 C
015 C010071 .
015 D010071 Switzerland
015 E040071 X
015 A000072 Depository and Clearing Centre
015 B000072 C
015 C010072 .
015 D010072 Tranational
015 E040072 X
015 A000073 Garanti Bank
015 B000073 C
015 C010073 .
015 D010073 Turkey
015 E040073 X
015 A000074 HSBC
015 B000074 C
015 C010074 .
015 D010074 United Kingdom
015 E040074 X
015 A000075 BankBoston Montevideo
015 B000075 C
015 C010075 .
015 D010075 Uruguay
015 E040075 X
015 A000076 Barclays Bank of Zambia
015 B000076 C
015 C010076 .
015 D010076 Zambia
015 E040076 X
015 A000077 Barclays Bank of Zimbabwe Ltd.
015 B000077 C
015 C010077 .
015 D010077 Zimbabwe
015 E040077 X
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022 C000006      5534
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022 B000007 13-2655998
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025 B000002 00-0000000
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070 H010000 Y
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070 K020000 Y
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SIGNATURE    Paul H. Schubert
TITLE        Chief Financial Officer and Treasurer