A New Estimate of $\varepsilon '/\varepsilon$

We discuss a new estimate of $\varepsilon '/\varepsilon$ in the kaon system. The present approach is based on the evaluation of the hadronic matrix elements of the \mbox{$\Delta S =1$} effective quark lagrangian by means of the chiral quark model, with the inclusion of meson one-loop renormalization and NLO Wilson coefficients. The estimate here reviewed is fully consistent with the $\Delta I =1/2$ selection rule in $K\to \pi\pi$ decays, which is well reproduced within the same framework.