Switzerland adopted the latest EU sanctions package on Russia and Belarus, the government said on Monday. The move came one week after the European Union targeted Moscow's vessels and Chinese entities found to have traded with the Russian military.

US President-elect Donald Trump announced a possible meeting with Russian leader Vladimir Putin. Meanwhile, the EU is working on new sanctions against Russia. Read more about what happened over the weekend.

The European Union is developing a new package of sanctions restrictions against the aggressor country russia. Brussels plans to adopt the 16th package of

Switzerland has enforced the EU's latest sanctions package targeting Russia and Belarus. This includes freezing the assets of 54 individuals and 30 entities, and banning 52 Russian-affiliated ships. These sanctions aim to restrict Russian military activities and punish those bypassing trading limits on Russian crude oil.

Hungarian Prime Minister Viktor Orban told European Union leaders that he wants to wait until the inauguration of his ally Donald Trump before deciding whether to extend the bloc’s sanctions against Russia,

Orban "surprised" his fellow EU leaders by deciding to block the extension during a summit in Brussels on Dec. 19 in what is considered a "routine" step, Bloomberg wrote.

Hungarian Prime Minister Viktor Orbán informed European Union leaders of his intention to wait for the inauguration of new US President Donald Trump before deciding whether to continue the EU sanctions against Russia.