We report on a calculation of ϵK′/ϵK at next-to-leading in
the 1/Nc expansion and to lowest order in Chiral Perturbation Theory. We
discuss the short-distance matching, the scale and scheme dependence as well as
the long-distance short-distance matching. We include the two known chiral
corrections to our result and discuss further order p4 corrections to it.Comment: Invited talk given by J.P. at High Energy EuroConference QCD '00,
6-13th July (2000), 17 pages, 5 figure