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Ryuu96 said:

Putin is getting desperate, it's an admittance that the sanctions hurt Russia badly and need them to be lifted for the country (and the military, remember the ban on chips with more than 25Mhz? Modern weapon systems rely on those) to function correctly down the road.

If Europe sees through his bluff (which I assume they do, and easily so), then Putin left the country in a devastating state: Crippling sanctions plus a stop on gas exports mean that the country runs dry of funds. I see the Russian economy taking a bigger nosedive in the next couple years than it did during the time of Boris Yeltsin, and that's quite a feat to achieve.