I have a Euro 85 240D and the shut down lever is right on the IP below the shut down valve. Its much smaller than the one on the non euro IPs. There should be a brown vacuum line to the shut down valve. Sorry, I have no digital camera, my wife has it at school. It doesn't sound reasonable too me that you could have a 'run away' situation due to having the oil level at the top noch, no insult intended but, could your dip stick be too short?

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1985 Euro 240D 5 spd 140K
1979 240D 5 spd, 40K on engine rebuild
1994 Dodge/Cummins, 5 spd, 121K
1964 Allice Chalmers D15 tractor
2014 Kubota L3800 tractor
1964 VW bug

"Lifes too short to drive a boring car"