Europe made this choice already. They are cutting Russia loose, and there is no going back.
Ukraine is in Europe. Putin is attacking Europe, and Putin is known for supporting Nazi networks all over Europe. So the "Ukraine are Nazis and I'm just fighting Nazis" narrative of Putin doesn't work in Europe, because everyone knows first hand who the Nazi in this war is. Maybe he should have stuck to the "we are just fighting terrorists" narrative he used before when invading other countries, the Nazi narrative was just stupid.
Economically, Russia doesn't even exist anymore. Arming a country which is actively invading Europe and already preparing to invade the next European country (Moldova) is not an option. It's taking some time to cut all ties to Russia, but Europe is getting there. It doesn't even matter what happens in Ukraine or with Putin anymore. Business with Russia won't come back for decades.
The only ones doing great business now are China and India. No matter how little they offer to pay Russia for their resources, Russia doesn't have the option to refuse.
Putin destroyed Russia.