No one knows for sure. Also, if Putin survives this whole Ukraine mess, who's to say he won't try again in 5 years? The point being, the narrative of business is usual is gone. All the countries that are next to or depend on Russia can no longer count on money or appeasement.

Nordic and countries next to Russia have to rethink their strategy. Maybe they decide to wait and see the next strong man from Russia will be and negotiate with them. But PEACE based purely on the words of a mad man is precursor for war.