I meant his demands that the LPR and DPR hold recognised referendums for independence, that Crimea be officially transferred back to Russia (after being arbitrarily granted to Ukraine by a Communist dictator), and Ukraine to remain neutral.

https://www.reuters.com/world/kremlin-says-russian-military-...

Fighting against those isn't worth hundreds of billions of dollars and tens of thousands of lives. The first two will continue to be problematic even if Ukraine wins.