Financial Times FT.com

Eastern Europe triggers rush for safety

ByAlan Beattie in Washington, Stefan Wagstyl in London and Aline van Duyn in New York

Published: February 17 2009 21:58 | Last updated: February 17 2009 21:58

Fears of banking turmoil in eastern Europe caused global investors to rush for safety on Tuesday, with warnings about European financial institutions provoking a stampede into the dollar and US bonds.

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