<PAGE> PAGE 1
000 A000000 01/31/2000
000 C000000 0000859605
000 D000000 N
000 E000000 NF
000 F000000 Y
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000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 ALLIANCE NEW EUROPE FUND
001 B000000 811-6028
001 C000000 2013194104
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002 B000000 SECAUCUS
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002 D010000 07094
003 000000 N
004 000000 N
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008 B000001 A
008 C000001 801-32361
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10105
011 A000001 ALLIANCE FUND DISTRIBUTORS, INC.
011 B000001 8-30851
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011 C020001 NY
011 C030001 10105
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012 B000001 84-0001187
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013 A000001 ERNST & YOUNG LLP
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013 B020001 NY
<PAGE> PAGE 2
013 B030001 10019
014 A000001 DONALDSON, LUFKIN, JENRETTE SECURITIES, CORP
014 B000001 8-00017574
015 A000001 THE BANK OF NEW YORK
015 B000001 C
015 C010001 NEW YORK
015 C020001 NY
015 C030001 10286
015 E010001 X
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020 A000003 KLEINWORT, BENSON NORTH AMERICA
020 B000003 N/A
020 C000003 70
020 A000004 MERRILL LYNCH & CO.
020 B000004 13-1912900
020 C000004 70
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020 B000005 13-3108880
020 C000005 64
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020 C000006 61
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<PAGE> PAGE 3
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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SIGNATURE GUY NORDAHL
TITLE ASST VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000859605
<NAME> ALLIANCE NEW EUROPE FUND
<SERIES>
<NUMBER> 011
<NAME> CLASSA
<S> <C>
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<FISCAL-YEAR-END> JUL-31-1999
<PERIOD-END> JAN-30-2000
<INVESTMENTS-AT-COST> 312,082,250
<INVESTMENTS-AT-VALUE> 378,623,360
<RECEIVABLES> 20,912,488
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<ACCUMULATED-NET-GAINS> 13,653,300
<OVERDISTRIBUTION-GAINS> 0
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<NET-ASSETS> 149,062,527
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</TABLE>
<TABLE> <S> <C>
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<CIK> 0000859605
<NAME> ALLIANCE NEW EUROPE FUND
<SERIES>
<NUMBER> 013
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<S> <C>
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<PERIOD-END> JAN-30-2000
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<CIK> 0000859605
<NAME> ALLIANCE NEW EUROPE FUND
<SERIES>
<NUMBER> 014
<NAME> advisor class
<S> <C>
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<SENIOR-EQUITY> 189,881
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<SHARES-COMMON-STOCK> 358,656
<SHARES-COMMON-PRIOR> 257,091
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<DISTRIBUTIONS-OF-GAINS> (273,936)
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</TABLE>
Securities Purchased in Underwritings Involving
Trunsactions with Donaldson, Lufkin, & Jenrette Securities
Corporation Subject to Rule 10f-3 Under the Investment
Company Act of 1940
10f-3 TRANSACTIONS FOR THE PERIOD OCTOBER 1, 1999
THROUGH JANUARY 31, 2000
ALLIANCE NEW EUROPE FUND
Date Shares Price per
Security* Purchased Purchased Share
United Pan-Europe Com. 10/19/99 16,300 $59.75(EUR)
% of
Shares Total Offering
Purchased Shares Purchased Shares
By Fund Offered By Purchased Held
Group (000) Group(1) From 05/31/99
79,400 12,000 0.66% Goldman Sachs Europe 171,300
* Unless otherwise indicated, the securities were part of an
issue registered under the Securities Act of 1933 and offering
to the public.
** Indicates the purchase of an Eligible Rule 144A Security
1) Purchases by all Alliance Funds, including the Fund, may
not exceed:
a) if purchased in an offering other than an Eligible Rule 144A
Offering, 25% of the principle amount of the offering of such
class; or
b) if purchased in an Eligible Rule 144A Offering, 25% of the
total of (i) the principle amount of the offering of such class
sold by underwriters of members of the selling syndicate to
qualified institutional buyers, plus (ii) the principle amount
of the offering of such class in any concurrent public offering.
